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Top Ranked Income Stocks to Buy for March 20th

Zacks Equity Research
·3 min read

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

Chimera Investment Corporation (CIM): This real estate investment trust has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

Chimera Investment Corporation Price and Consensus

Chimera Investment Corporation Price and Consensus
Chimera Investment Corporation Price and Consensus

Chimera Investment Corporation price-consensus-chart | Chimera Investment Corporation Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 21.1%, compared with the industry average of 11.9%. Its five-year average dividend yield is 11.6%.

Chimera Investment Corporation Dividend Yield (TTM)

Chimera Investment Corporation Dividend Yield (TTM)
Chimera Investment Corporation Dividend Yield (TTM)

Chimera Investment Corporation dividend-yield-ttm | Chimera Investment Corporation Quote

Macy's, Inc. (M): This omnichannel retail organization that operates stores, Websites, and mobile applications has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.

Macy's, Inc. Price and Consensus

Macy's, Inc. Price and Consensus
Macy's, Inc. Price and Consensus

Macy's, Inc. price-consensus-chart | Macy's, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 22.6%, compared with the industry average of 11.9%. Its five-year average dividend yield is 5%.

Macy's, Inc. Dividend Yield (TTM)

Macy's, Inc. Dividend Yield (TTM)
Macy's, Inc. Dividend Yield (TTM)

Macy's, Inc. dividend-yield-ttm | Macy's, Inc. Quote

New Residential Investment Corp. (NRZ): This real estate investment trust that focuses on investing in and managing residential mortgage related assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

New Residential Investment Corp. Price and Consensus

New Residential Investment Corp. Price and Consensus
New Residential Investment Corp. Price and Consensus

New Residential Investment Corp. price-consensus-chart | New Residential Investment Corp. Quote

This Zacks Rank #1 company has a dividend yield of 29.6%, compared with the industry average of 11.9%. Its five-year average dividend yield is 12.4%.

New Residential Investment Corp. Dividend Yield (TTM)

New Residential Investment Corp. Dividend Yield (TTM)
New Residential Investment Corp. Dividend Yield (TTM)

New Residential Investment Corp. dividend-yield-ttm | New Residential Investment Corp. Quote

Medley Capital Corporation (MCC): This business development company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 91.3% over the last 60 days.

Medley Capital Corporation Price and Consensus

Medley Capital Corporation Price and Consensus
Medley Capital Corporation Price and Consensus

Medley Capital Corporation price-consensus-chart | Medley Capital Corporation Quote

This Zacks Rank #1 company has a dividend yield of 33.9%, compared with the industry average of 3.4%. Its five-year average dividend yield is 11.7%.

Medley Capital Corporation Dividend Yield (TTM)

Medley Capital Corporation Dividend Yield (TTM)
Medley Capital Corporation Dividend Yield (TTM)

Medley Capital Corporation dividend-yield-ttm | Medley Capital Corporation Quote

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens.

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New Residential Investment Corp. (NRZ) : Free Stock Analysis Report
 
Medley Capital Corporation (MCC) : Free Stock Analysis Report
 
Macy's, Inc. (M) : Free Stock Analysis Report
 
Chimera Investment Corporation (CIM) : Free Stock Analysis Report
 
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Zacks Investment Research