Best Income Stocks to Buy for August 29th

Photo of author

By Ronald Tech

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 29th:

MPLX LP MPLX: This company which is a master limited partnership (MLP) engaged in providing a wide range of midstream energy services, including fuel distribution solutions, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

MPLX LP Price and Consensus

MPLX LP Price and Consensus

MPLX LP price-consensus-chart | MPLX LP Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8.1%, compared with the industry average of 4.2%.

MPLX LP Dividend Yield (TTM)

MPLX LP Dividend Yield (TTM)

MPLX LP dividend-yield-ttm | MPLX LP Quote

The First of Long Island FLIC: This bank holding company which provides financial services to small and medium-sized businesses, professionals, consumers, municipalities, and other organizations,has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 8.8% over the last 60 days.

The First of Long Island Corporation Price and Consensus

The First of Long Island Corporation Price and Consensus

The First of Long Island Corporation price-consensus-chart | The First of Long Island Corporation Quote

This Zacks Rank #1 company has a dividend yield of 6.6%, compared with the industry average of 2.7%.

The First of Long Island Corporation Dividend Yield (TTM)

The First of Long Island Corporation Dividend Yield (TTM)

The First of Long Island Corporation dividend-yield-ttm | The First of Long Island Corporation Quote

Farmers National Banc FMNB: This one industry, domestic banking company which, is engaged in commercial and retail banking, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.8% over the last 60 days.

Farmers National Banc Corp. Price and Consensus

Farmers National Banc Corp. Price and Consensus

Farmers National Banc Corp. price-consensus-chart | Farmers National Banc Corp. Quote

See also  Uncovering Tomorrow's Tech Giants: 3 Promising Stocks to Add to Your Portfolio for the Long Haul

This Zacks Rank #1 company has a dividend yield of 4.4%, compared with the industry average of 2.9%.

Farmers National Banc Corp. Dividend Yield (TTM)

Farmers National Banc Corp. Dividend Yield (TTM)

Farmers National Banc Corp. dividend-yield-ttm | Farmers National Banc Corp. Quote

 

See the full list of top ranked stocks here.

 

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

MPLX LP (MPLX) : Free Stock Analysis Report

The First of Long Island Corporation (FLIC) : Free Stock Analysis Report

Farmers National Banc Corp. (FMNB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research