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Top Ranked Income Stocks to Buy for August 28th

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Here are four stocks with buy rank and strong income characteristics for investors to consider today, August 28th:

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 8.5%, compared with the industry average of 0%. Its five-year average dividend yield is 11.2%.

Ellington Financial LLC Dividend Yield (TTM)

Ellington Financial LLC Dividend Yield (TTM)

Ellington Financial LLC dividend-yield-ttm | Ellington Financial LLC Quote

 

Fidus Investment Corporation (FDUS - Free Report) : This business development company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.2% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 11.6%, compared with the industry average of 10.5%. Its five-year average dividend yield is 10.9%.

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.

Rio Tinto PLC Price and Consensus

Rio Tinto PLC Price and Consensus

Rio Tinto PLC price-consensus-chart | Rio Tinto PLC Quote

 

This Zacks Rank #1 company has a dividend yield of 5.1%, 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

 

Waddell & Reed Financial, Inc. (WDR - Free Report) : This investment management and advisory service provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.3% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 6.4%, compared with the industry average of 1.7%. Its five-year average dividend yield is 7.2%.

See the full list of top ranked stocks here.

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

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