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Best Income Stocks to Buy for June 22nd

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Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 22nd:

Invesco Mortgage Capital (IVR - Free Report) : This real estate investment trust that focuses on financing and managing residential and commercial mortgage-backed securities and mortgage loans, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 30.8% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 13.9%, compared with the industry average of 12.3%.

PennantPark Investment (PNNT - Free Report) : This business development company which invests primarily in floating rate loans and other investments made to the United States middle-market companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 16.5% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 13.8%, compared with the industry average of 10.5%.

Monroe Capital (MRCC - Free Report) : This company which is a non-diversified closed-end investment management company focused on providing financing primarily to lower middle-market companies in the United States and Canada, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 12.6%, compared with the industry average of 2.7%.

 

See the full list of top ranked stocks here.

 

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