Best Income Stocks to Buy for August 20th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 20th:

CION Investment Corporation CION: This business development company which primarily provides senior secured loans to U.S. middle-market companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

CION Investment Corporation Price and Consensus

CION Investment Corporation price-consensus-chart | CION Investment Corporation Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 13.6%, compared with the industry average of 10.8%.

CION Investment Corporation Dividend Yield (TTM)

CION Investment Corporation dividend-yield-ttm | CION Investment Corporation Quote

Provident Financial Services PFS: This community- and customer-oriented banking company which offers a broad array of deposit, loan, trust and investment products. In keeping with its Customer-Centric Strategy, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

Provident Financial Services, Inc Price and Consensus

Provident Financial Services, Inc price-consensus-chart | Provident Financial Services, Inc Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 5.1%, compared with the industry average of 2.9%.

Provident Financial Services, Inc Dividend Yield (TTM)

Provident Financial Services, Inc dividend-yield-ttm | Provident Financial Services, Inc Quote

Norwood Financial NWFL: This bank holding company which provides various banking products and services to consumers, businesses, nonprofit organizations, and municipalities, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Norwood Financial Corp. Price and Consensus

Norwood Financial Corp. price-consensus-chart | Norwood Financial Corp. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 5%, compared with the industry average of 2.7%.

Norwood Financial Corp. Dividend Yield (TTM)

Norwood Financial Corp. dividend-yield-ttm | Norwood Financial Corp. Quote

See the full list of top ranked stocks here.

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

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