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Top Ranked Income Stocks to Buy for August 24th

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Here are four stocks with buy rank and strong income characteristics for investors to consider today, August 24th:

Artisan Partners Asset Management Inc. (APAM - Free Report) : This investment management company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.2% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 7.1%, compared with the industry average of 1.8%. Its five-year average dividend yield is nearly 8%.

Cherry Hill Mortgage Investment Corporation (CHMI - Free Report) : This residential real estate finance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.4% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 11.4%, compared with the industry average of 5.4%. Its five-year average dividend yield is 12.3%.

Ellington Financial Inc. (EFC - Free Report) : This company that acquires and manages residential mortgage-backed securities has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 8.7%, compared with the industry average of 0%. Its five-year average dividend yield is 11.2%.

Rio Tinto Group (RIO - Free Report) : This company that engages in finding, mining, and processing mineral resources has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.5% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 5%, compared with the industry average of 0%. Its five-year average dividend yield is 5.5%.

Rio Tinto PLC Dividend Yield (TTM)

Rio Tinto PLC Dividend Yield (TTM)

Rio Tinto PLC dividend-yield-ttm | Rio Tinto PLC Quote

See the full list of top ranked stocks here.

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

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.3% per year.

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