Back to top

Image: Bigstock

Top Ranked Income Stocks to Buy for January 5th

Read MoreHide Full Article

Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 5th:

Annaly Capital Management, Inc. (NLY - Free Report) : This diversified capital manager that invests in and finances residential and commercial assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

 

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 14.6%, compared with the industry average of 7.4%. Its five-year average dividend yield is 12.6%.

 

China Petroleum & Chemical Corporation (SNP - Free Report) : This energy and chemical company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 58.9% over the last 60 days.

 

This Zacks Rank #1 company has a dividend yield of 7.4%, compared with the industry average of 5.0%. Its five-year average dividend yield is nearly 6%.

 

Ellington Financial Inc. (EFC - Free Report) : This acquirer and manager of mortgage-related, consumer-related, corporate-related, and other financial assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.

 

This Zacks Rank #1 company has a dividend yield of 8.2%, compared with the industry average of 0.0%. Its five-year average dividend yield is 10.7%.

 

Ellington Financial Inc. Dividend Yield (TTM)

Ellington Financial Inc. Dividend Yield (TTM)

Ellington Financial Inc. dividend-yield-ttm | Ellington Financial Inc. Quote

 

Uniti Group Inc. (UNIT - Free Report) : This reit engaged in the acquisition and construction of mission critical communications infrastructure has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.3% over the last 60 days.

 

Uniti Group Inc. Price and Consensus

Uniti Group Inc. Price and Consensus

Uniti Group Inc. price-consensus-chart | Uniti Group Inc. Quote

 

This Zacks Rank #2 (Buy) company has a dividend yield of 5.2%, compared with the industry average of 3.5%. Its five-year average dividend yield is 9.5%.

 

Uniti Group Inc. Dividend Yield (TTM)

Uniti Group Inc. Dividend Yield (TTM)

Uniti Group Inc. dividend-yield-ttm | Uniti Group Inc. 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.

Today, See These 5 Potential Home Runs >>