Income stock 

Income stock – A stock that pays regular dividends, and offers a high yield that may generate the majority of overall returns. Income stocks may require a lower level of ongoing capital investment, thus, profits can be directed back to investors on a regular basis. In the US, income stocks are most commonly companies operating within real estate (e.g., real estate investment trusts—REITs), energy sectors, utilities, natural resources and financial institutions. Currently in Nigeria, a company with a 5-year average dividend payout of = 30% of earnings is classified as an income stock.