Best Income Stocks to Buy for May 20th

ARR BSM GRIN

Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 20th:

ARMOUR Residential REIT, Inc. (ARR - Free Report) : This company which invests in residential mortgage-backed securities has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

ARMOUR Residential REIT, Inc. Price and Consensus

This Zacks Rank #1 company has a dividend yield of 16.2%, compared with the industry average of 9.1%.

ARMOUR Residential REIT, Inc. Dividend Yield (TTM)

Grindrod Shipping Holdings Ltd. (GRIN - Free Report) : This international shipping company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Grindrod Shipping Holdings Ltd. Price and Consensus

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.7%, compared with the industry average of 0.7%.

Grindrod Shipping Holdings Ltd. Dividend Yield (TTM)

Black Stone Minerals, L.P. (BSM - Free Report) : This company that owns and manages oil and natural gas mineral interests has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.4% over the last 60 days.

Black Stone Minerals, L.P. Price and Consensus

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.6%, compared with the industry average of 7.4%.

Black Stone Minerals, L.P. Dividend Yield (TTM)

See the full list of top ranked stocks here.

 

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Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>