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Top Ranked Income Stocks to Buy for October 21st

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Here are four stocks with buy rank and strong income characteristics for investors to consider today, October 21st:

Waddell & Reed Financial, Inc. (WDR - Free Report) : This investment management and advisory services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 8% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 5.8%, compared with the industry average of 1.8%. Its five-year average dividend yield is 7.3%.

Ellington Financial Inc. (EFC - Free Report) : This residential mortgage-backed securities manager has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 8.4%, compared with the industry average of 0.0%. Its five-year average dividend yield is 10.9%.

Ellington Financial LLC Dividend Yield (TTM)

Ellington Financial LLC Dividend Yield (TTM)

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

 

Compass Diversified (CODI - Free Report) : This private equity firm has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 8%, compared with the industry average of 3.9%. Its five-year average dividend yield is 8.5%.

Ready Capital Corporation (RC - Free Report) : This real estate finance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 10.4%, compared with the industry average of 7.4%. Its five-year average dividend yield is 11.1%.

Ready Capital Corp Dividend Yield (TTM)

Ready Capital Corp Dividend Yield (TTM)

Ready Capital Corp dividend-yield-ttm | Ready Capital Corp Quote

 

See the full list of top ranked stocks here.

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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