Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 3rd:Emerson Electric Co. EMR: This diversified global engineering and technology company has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 7% over the last 60 days.Emerson Electric Co. Price and Consensus Emerson Electric Co. price-consensus-chart | Emerson Electric Co. QuoteThis Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.2%, compared with the industry average of 0.4%. Its five-year average dividend yield is 2.8%.Emerson Electric Co. Dividend Yield (TTM) Emerson Electric Co. dividend-yield-ttm | Emerson Electric Co. QuoteLaZBoy LZB: This company which is one of the world's leading residential furniture producers has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days.LaZBoy Incorporated Price and Consensus LaZBoy Incorporated price-consensus-chart | LaZBoy Incorporated QuoteThis Zacks Rank #1 company has a dividend yield of 1.8%, compared with the industry average of 0.0%. Its five-year average dividend yield is 2.8%.LaZBoy Incorporated Dividend Yield (TTM) LaZBoy Incorporated dividend-yield-ttm | LaZBoy Incorporated QuoteGlobal Industrial Company GIC: This provider of industrial products principally in North America has witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.2% over the last 60 days.Global Industrial Company Price and Consensus Global Industrial Company price-consensus-chart | Global Industrial Company QuoteThis Zacks Rank #1 company has a dividend yield of 1.6%, compared with the industry average of 0.0%. Its five-year average dividend yield is 1.8%.Global Industrial Company Dividend Yield (TTM) Global Industrial Company dividend-yield-ttm | Global Industrial Company QuoteSee the full list of top ranked stocks here.Find more top income stocks with some of our great premium screens Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through November, the Zacks Top 10 Stocks gained an impressive +962.5% versus the S&P 500’s +329.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3.Be First To New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Emerson Electric Co. (EMR): Free Stock Analysis Report LaZBoy Incorporated (LZB): Free Stock Analysis Report Global Industrial Company (GIC): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research