As August unfolds, investors eyeing lucrative income opportunities turn their gaze to a trio of standout dividend-paying stocks. Let’s delve into the prime picks for the day:
ARMOUR Residential REIT: The Yield Warrior
The first contender in this dividend bout is ARMOUR Residential REIT (ARR), a company specializing in residential mortgage-backed securities. With a robust Zacks Rank of #1 (Strong Buy), this income heavyweight boasts a dividend yield of 14.1%, eclipsing the industry average of 12.0%. Recent estimations show a 10.1% surge in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
Solaris Oilfield Infrastructure: Gushing Dividends
Next up is Solaris Oilfield Infrastructure (SOI), renowned for manufacturing patented proppant management systems. This Zacks Rank #1 company is not one to be underestimated, flaunting a dividend yield of 4.2%, well above the industry standard of 0.0%. Over the past 60 days, its Zacks Consensus Estimate for current year earnings has escalated by nearly 2.0%.
KB Home: Building Wealth Brick by Brick
Last but not least, KB Home (KBH) steps onto the dividend stage. This stalwart in the American homebuilding industry has seen a robust 4.6% uptick in its Zacks Consensus Estimate for current year earnings over the past 60 days. Sporting a dividend yield of 1.3%, surpassing the industry average of 0.0%, KB Home is a force to be reckoned with.
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Research Chief Names “Single Best Pick to Double”
Embarking on a quest for the ultimate investment, traders seek the hidden gem within a crowded market. Generating a staggering $1 billion in revenue in a single quarter, this particular enterprise has caught the attention of stock aficionados worldwide. Seize the opportunity now, while the iron is still hot. Remember, not all choices are golden, but this one could outshine previous Zacks’ superstars like Nano-X Imaging, which skyrocketed by +129.6% in just over 9 months.
Claim your top stock and four runners-up now.
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KB Home (KBH)
ARMOUR Residential REIT, Inc. (ARR)
Solaris Oilfield Infrastructure, Inc. (SOI)
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