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Top Ranked Income Stocks to Buy for July 1st

Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 1st:

ALLETE, Inc. (ALE): This energy company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.6% over the last 60 days.

Allete, Inc. Price and Consensus

Allete, Inc. Price and Consensus
Allete, Inc. Price and Consensus

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

This Zacks Rank #2 (Buy) company has a dividend yield of 2.82%, compared with the industry average of 2.77%. Its five-year average dividend yield is 3.41%.

Allete, Inc. Dividend Yield (TTM)

Allete, Inc. Dividend Yield (TTM)
Allete, Inc. Dividend Yield (TTM)

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

Ameriprise Financial, Inc. (AMP): This provider of financial products and services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

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Ameriprise Financial, Inc. Price and Consensus

Ameriprise Financial, Inc. Price and Consensus
Ameriprise Financial, Inc. Price and Consensus

Ameriprise Financial, Inc. price-consensus-chart | Ameriprise Financial, Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 2.87%, compared with the industry average of 2.82%. Its five-year average dividend yield is 2.43%.

Ameriprise Financial, Inc. Dividend Yield (TTM)

Ameriprise Financial, Inc. Dividend Yield (TTM)
Ameriprise Financial, Inc. Dividend Yield (TTM)

Ameriprise Financial, Inc. dividend-yield-ttm | Ameriprise Financial, Inc. Quote

Arbor Realty Trust, Inc. (ABR): This real estate investment trust (REIT) has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

Arbor Realty Trust Price and Consensus

Arbor Realty Trust Price and Consensus
Arbor Realty Trust Price and Consensus

Arbor Realty Trust price-consensus-chart | Arbor Realty Trust Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 9.24%, compared with the industry average of 4.19%. Its five-year average dividend yield is 8.54%.

Arbor Realty Trust Dividend Yield (TTM)

Arbor Realty Trust Dividend Yield (TTM)
Arbor Realty Trust Dividend Yield (TTM)

Arbor Realty Trust dividend-yield-ttm | Arbor Realty Trust Quote

Best Buy Co., Inc. (BBY): This retailer of technology products, services, and solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.

Best Buy Co., Inc. Price and Consensus

Best Buy Co., Inc. Price and Consensus
Best Buy Co., Inc. Price and Consensus

Best Buy Co., Inc. price-consensus-chart | Best Buy Co., Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 2.87%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.59%.

Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. Dividend Yield (TTM)
Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. dividend-yield-ttm | Best Buy Co., Inc. Quote

See the full list of top ranked stocks here.

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

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
 
Ameriprise Financial, Inc. (AMP) : Free Stock Analysis Report
 
Allete, Inc. (ALE) : Free Stock Analysis Report
 
Arbor Realty Trust (ABR) : Free Stock Analysis Report
 
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