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Top Ranked Income Stocks to Buy for May 24th

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

Two Harbors Investment Corp. (TWO - Free Report) : This real estate investment trust has witnessed the Zacks Consensus Estimate for its current year earnings advancing 1.1% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 12.06%, compared with the industry average of 8.18%. Its five-year average dividend yield is 11.03%.

Hawaiian Electric Industries, Inc. (HE - Free Report) : This electric utility services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 3.71%, compared with the industry average of 3.37%. Its five-year average dividend yield is 4.19%.

PennyMac Mortgage Investment Trust (PMT - Free Report) : This specialty finance company has witnessed the Zacks Consensus Estimate for its current year earnings advancing 4.4% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 10.07%, compared with the industry average of 0.00%. Its five-year average dividend yield is 11.52%.

TerraForm Power, Inc. : This operator of clean power generation assets has witnessed the Zacks Consensus Estimate for its current year earnings jumping 61.8% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 6.90%, compared with the industry average of 3.37%. Its five-year average dividend yield is 3.82%.

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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