Best Income Stocks to Buy for December 30th

SPH MEOH RC

Here are three stocks with buy rank and strong income characteristics for investors to consider today, December 30th:

Ready Capital Corp (RC - Free Report) : This publicly-traded mortgage REIT has witnessed the Zacks Consensus Estimate for its next year earnings increasing 4.5% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.5%, compared with the industry average of 7.6%. Its five-year average dividend yield is 10.8%.

Suburban Propane Partners (SPH - Free Report) : This company that engages in the retail marketing and distribution of propane, fuel oil, and refined fuels has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 8.9%, compared with the industry average of 8.4%. Its five-year average dividend yield is 11%.

Methanex (MEOH - Free Report) : This world’s largest supplier of methanol to North America, Asia-Pacific, Europe and Latin America has witnessed the Zacks Consensus Estimate for its next year earnings increasing 0.4% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.2%, and its five-year average dividend yield is 2.5%.

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens.

Zacks Naming Top 10 Stocks for 2024

Want to be tipped off early to our 10 top picks for the entirety of 2024?

History suggests their performance could be sensational.

From 2012 (when our Director of Research, Sheraz Mian assumed responsibility for the portfolio) through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2024. Don’t miss your chance to get in on these stocks when they’re released on January 2.

Be First to New Top 10 Stocks >>