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Best Income Stocks to Buy for June 24th

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

ARMOUR Residential REIT (ARR - Free Report) : This company which invests primarily in residential mortgage-backed securities issued or guaranteed by a United States Government-chartered entity, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 18.46%, compared with the industry average of 10.51%.

Eagle Bulk Shipping (EGLE - Free Report) : This shipping company which is the largest U.S.-based owner of Handymax dry bulk vessels, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 15.82%, compared with the industry average of 1.13%.

Prospect Capital (PSEC - Free Report) : This closed-end investment company that lends to and invests in private and microcap public businesses, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.9 over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 10.44%, compared with the industry average of 2.74 %.

 

See the full list of top ranked stocks here.

 

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In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


ARMOUR Residential REIT, Inc. (ARR) - free report >>

Eagle Bulk Shipping Inc. (EGLE) - free report >>

Prospect Capital Corporation (PSEC) - free report >>