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Best Income Stocks to Buy for August 29th

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Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 29th:

ARMOUR Residential REIT, Inc. (ARR - Free Report) : This company which invests in residential mortgage-backed securities has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

ARMOUR Residential REIT, Inc. Price and Consensus

This Zacks Rank #1 company has a dividend yield of 16.4%, compared with the industry average of 9.8%.

ARMOUR Residential REIT, Inc. Dividend Yield (TTM)

Global Ship Lease, Inc. (GSL - Free Report) : This company that owns and charters containerships of various sizes under fixed-rate charters to container shipping companies has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Global Ship Lease, Inc. Price and Consensus

This Zacks Rank #1 company has a dividend yield of 8.8%, compared with the industry average of 1%.

Global Ship Lease, Inc. Dividend Yield (TTM)

First BanCorp. (FBP - Free Report) : This bank holding company for FirstBank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.

First BanCorp. Price and Consensus

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

First BanCorp. Dividend Yield (TTM)

 

See the full list of top ranked stocks here.

 

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


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

Global Ship Lease, Inc. (GSL) - free report >>

First BanCorp. (FBP) - free report >>

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