Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 1st:

First BanCorp. (FBP Quick QuoteFBP - Free Report) : This bank holding company for FirstBank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

First BanCorp. Price and Consensus

First BanCorp. price-consensus-chart | First BanCorp. Quote

This Zacks Rank #1 company has a dividend yield of nearly 3.2%, compared with the industry average of 2.1%.

First BanCorp. Dividend Yield (TTM)

First BanCorp. dividend-yield-ttm | First BanCorp. Quote

ARMOUR Residential REIT, Inc. (ARR Quick QuoteARR - Free Report) : This company which invests in residential mortgage-backed securities has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

ARMOUR Residential REIT, Inc. Price and Consensus

ARMOUR Residential REIT, Inc. price-consensus-chart | ARMOUR Residential REIT, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 15.9%, compared with the industry average of 8.9%.

ARMOUR Residential REIT, Inc. Dividend Yield (TTM)

ARMOUR Residential REIT, Inc. dividend-yield-ttm | ARMOUR Residential REIT, Inc. Quote

Louisiana-Pacific Corporation (LPX Quick QuoteLPX - Free Report) : This manufacturer of home-building products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.6% over the last 60 days.

LouisianaPacific Corporation Price and Consensus

LouisianaPacific Corporation price-consensus-chart | LouisianaPacific Corporation Quote

This Zacks Rank #1 company has a dividend yield of 1.3%, compared with the industry average of 0.6%.

LouisianaPacific Corporation Dividend Yield (TTM)

LouisianaPacific Corporation dividend-yield-ttm | LouisianaPacific Corporation Quote

See the full list of top ranked stocks here.

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