Best Income Stocks to Buy for November 2nd

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Best Income Stocks to Buy for November 2nd

Here are three stocks with buy rank and strong income characteristics for investors to consider today, November 2nd:

Southside Bancshares SBSI: This company, which is primarily engaged in commercial banking and providing trust services, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Southside Bancshares, Inc. Price and Consensus

Southside Bancshares, Inc. Price and Consensus

Southside Bancshares, Inc. price-consensus-chart | Southside Bancshares, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 4.4%, compared with the industry average of 1.5%.

Southside Bancshares, Inc. Dividend Yield (TTM)

Southside Bancshares, Inc. Dividend Yield (TTM)

Southside Bancshares, Inc. dividend-yield-ttm | Southside Bancshares, Inc. Quote

Preferred Bank PFBC: This company, which is one of the largest independent commercial banks in California focusing on the Chinese-American market, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.

Preferred Bank Price and Consensus

Preferred Bank Price and Consensus

Preferred Bank price-consensus-chart | Preferred Bank Quote

This Zacks Rank #1 company has a dividend yield of 3%, compared with the industry average of 2.6%.

Preferred Bank Dividend Yield (TTM)

Preferred Bank Dividend Yield (TTM)

Preferred Bank dividend-yield-ttm | Preferred Bank Quote

Scorpio Tankers STNG: This company, which is engaged in the seaborne transportation of crude oil and refined petroleum products worldwide, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 41% over the last 60 days.

Scorpio Tankers Inc. Price and Consensus

Scorpio Tankers Inc. Price and Consensus

Scorpio Tankers Inc. price-consensus-chart | Scorpio Tankers Inc. Quote

This Zacks Rank #1 company has a dividend yield of 1.9%, compared with the industry average of 1.2%.

Scorpio Tankers Inc. Dividend Yield (TTM)

Scorpio Tankers Inc. Dividend Yield (TTM)

Scorpio Tankers Inc. dividend-yield-ttm | Scorpio Tankers Inc. Quote

 

See the full list of top ranked stocks here.

 

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Preferred Bank (PFBC): Free Stock Analysis Report
 
Southside Bancshares, Inc. (SBSI): Free Stock Analysis Report
 
Scorpio Tankers Inc. (STNG): Free Stock Analysis Report

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

Zacks Investment Research