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Best Income Stocks to Buy for May 29th

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

Great Elm Capital Group (GECC - Free Report) : This diversified investment company, which operates in investment management, financial products and merchant banking, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.3% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 20%, compared with the industry average of 2.9%.

Alerus Financial (ALRS - Free Report) : This financial services company, which offers financial solutions to businesses and consumers, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.

Alerus Financial Price and Consensus

This Zacks Rank #1 company has a dividend yield of 2.9%, compared with the industry average of 0.0%.

Alerus Financial Dividend Yield (TTM)

Alerus Financial Dividend Yield (TTM)

Alerus Financial dividend-yield-ttm | Alerus Financial Quote

Pelagos Insurance Capital Limited (PLGO - Free Report) : This insurance holding company, which has insurance and reinsurance operations principally in Bermuda, Ireland and the United Kingdom, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.7%, compared with the industry average of 1.5%.

 

See the full list of top ranked stocks here.

 

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