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Best Income Stocks to Buy for June 20th

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Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 20th:

PennantPark Floating Rate Capital (PFLT - Free Report) : This business development company which seeks to generate current income and capital appreciation by investing primarily in floating rate loans and other investments made to the United States middle-market companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 7.2% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 11.5%, compared with the industry average of 2.7%.

Global Ship Lease (GSL - Free Report) : This rapidly growing containership charter owner which owns and charters out containerships under long-term, fixed rate charters to world class container liner companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 4.2% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 7.9%, compared with the industry average of 3.2%.

Nexstar Media Group (NXST - Free Report) : This company which currently owns, operates, programs or provides sales and other services to television stations in the United States, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.3%, compared with the industry average of 0.00%.

 

See the full list of top ranked stocks here.

 

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


Nexstar Media Group, Inc (NXST) - free report >>

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

PennantPark Floating Rate Capital Ltd. (PFLT) - free report >>

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