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Best Income Stocks to Buy for January 3rd

EMR, LZB, and GIC made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 3, 2022

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This story originally appeared on Zacks

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 3rd:

- Zacks

Emerson Electric Co. EMR: This diversified global engineering and technology company has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 7% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.2%, compared with the industry average of 0.4%. Its five-year average dividend yield is 2.8%.

Emerson Electric Co. Dividend Yield (TTM)

 

Emerson Electric Co. Dividend Yield (TTM)

Emerson Electric Co. dividend-yield-ttm | Emerson Electric Co. Quote

LaZBoy LZB: This company which is one of the world's leading residential furniture producers has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.8%, compared with the industry average of 0.0%. Its five-year average dividend yield is 2.8%.

LaZBoy Incorporated Dividend Yield (TTM)

 

LaZBoy Incorporated Dividend Yield (TTM)

LaZBoy Incorporated dividend-yield-ttm | LaZBoy Incorporated Quote

Global Industrial Company GIC: This provider of industrial products principally in North America has witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.2% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.6%, compared with the industry average of 0.0%. Its five-year average dividend yield is 1.8%.

Global Industrial Company Dividend Yield (TTM)

 

Global Industrial Company Dividend Yield (TTM)

Global Industrial Company dividend-yield-ttm | Global Industrial Company Quote

See the full list of top ranked stocks here.

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

 



Zacks Top 10 Stocks for 2022

In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022?

From inception in 2012 through November, the Zacks Top 10 Stocks gained an impressive +962.5% versus the S&P 500’s +329.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3.

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Emerson Electric Co. (EMR): Free Stock Analysis Report

 

LaZBoy Incorporated (LZB): Free Stock Analysis Report

 

Global Industrial Company (GIC): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research