Income stocks are shares of companies that pay regular dividends to shareholders, providing a steady stream of income and potential capital appreciation over time. Income stocks typically belong to established companies with stable earnings, strong cash flows, and mature business models operating in defensive or non-cyclical industries. These companies prioritize returning profits to shareholders through dividends rather than reinvesting earnings for growth opportunities. Income stocks are favored by income-oriented investors seeking reliable dividend income, downside protection, and reduced volatility compared to growth stocks. Characteristics of income stocks include consistent dividend payments, attractive dividend yields, dividend growth potential, and defensive qualities that withstand market downturns. Investors should consider factors such as dividend sustainability, payout ratios, cash flow stability, and industry dynamics when selecting income stocks for their portfolios. Income stocks play a crucial role in income-oriented investment strategies, retirement planning, and wealth preservation, providing investors with income stability, portfolio diversification, and long-term wealth accumulation.