Best Income Stocks to Buy for September 19th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, September 19th:

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 14.2%, compared with the industry average of 10.8%.

CION Investment Corporation Dividend Yield (TTM)

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

Macy's M: This company which is an omnichannel retail organization operating stores, websites and mobile applications under three brands Macy's, Bloomingdale's and bluemercury, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

Macy's, Inc. Price and Consensus

Macy's, Inc. price-consensus-chart | Macy's, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 4.1%, compared with the industry average of 3%.

Macy's, Inc. Dividend Yield (TTM)

Macy's, Inc. dividend-yield-ttm | Macy's, Inc. Quote

Magic Software Enterprises MGIC: This company which is a member of the Formula Group, develops, markets and supports software development and deployment technology that enables enterprises to accelerate the process of building and deploying applications that can be rapidly customized and integrated with existing systems, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.

Magic Software Enterprises Ltd. Price and Consensus

Magic Software Enterprises Ltd. price-consensus-chart | Magic Software Enterprises Ltd. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.3%, compared with the industry average of 0.0%.

Magic Software Enterprises Ltd. Dividend Yield (TTM)

Magic Software Enterprises Ltd. dividend-yield-ttm | Magic Software Enterprises Ltd. 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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