Best Income Stocks to Buy for August 4th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 4:

Ampol Limited CTXAY: This petroleum products company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.2% over the last 60 days.

Ampol Limited Price and Consensus

Ampol Limited price-consensus-chart | Ampol Limited Quote

This Zacks Rank #1 company has a dividend yield of 2.7%, compared with the industry average of 1.6%.

Ampol Limited Dividend Yield (TTM)

Ampol Limited dividend-yield-ttm | Ampol Limited Quote

Reliance, Inc. RS: This diversified metal solutions company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.

Reliance, Inc. Price and Consensus

Reliance, Inc. price-consensus-chart | Reliance, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 1.2%, compared with the industry average of 0.0%.

Reliance, Inc. Dividend Yield (TTM)

Reliance, Inc. dividend-yield-ttm | Reliance, Inc. Quote

Farmers & Merchants Bancorp, Inc. FMAO: This bank holding company for The Farmers & Merchants State Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

Farmers & Merchants Bancorp Inc. Price and Consensus

Farmers & Merchants Bancorp Inc. price-consensus-chart | Farmers & Merchants Bancorp Inc. Quote

This Zacks Rank #1 company has a dividend yield of 2.8%, compared with the industry average of 2.2%.

Farmers & Merchants Bancorp Inc. Dividend Yield (TTM)

Farmers & Merchants Bancorp Inc. dividend-yield-ttm | Farmers & Merchants Bancorp Inc. Quote

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Find more top income stocks with some of our great premium screens.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research