Top Ranked Income Stocks to Buy for January 5th

Zacks Equity Research

January 5, 2021, 10:10 AM·3 min read

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Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 5th:

Annaly Capital Management, Inc. (NLY): This diversified capital manager that invests in and finances residential and commercial assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

Annaly Capital Management Inc Price and Consensus

Annaly Capital Management Inc price-consensus-chart | Annaly Capital Management Inc Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 14.6%, compared with the industry average of 7.4%. Its five-year average dividend yield is 12.6%.

Annaly Capital Management Inc Dividend Yield (TTM)

Annaly Capital Management Inc dividend-yield-ttm | Annaly Capital Management Inc Quote

China Petroleum & Chemical Corporation (SNP): This energy and chemical company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 58.9% over the last 60 days.

China Petroleum & Chemical Corporation Price and Consensus

China Petroleum & Chemical Corporation price-consensus-chart | China Petroleum & Chemical Corporation Quote

This Zacks Rank #1 company has a dividend yield of 7.4%, compared with the industry average of 5.0%. Its five-year average dividend yield is nearly 6%.

China Petroleum & Chemical Corporation Dividend Yield (TTM)

China Petroleum & Chemical Corporation dividend-yield-ttm | China Petroleum & Chemical Corporation Quote

Ellington Financial Inc. (EFC): This acquirer and manager of mortgage-related, consumer-related, corporate-related, and other financial assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.

Ellington Financial Inc. Price and Consensus

Ellington Financial Inc. price-consensus-chart | Ellington Financial Inc. Quote

This Zacks Rank #1 company has a dividend yield of 8.2%, compared with the industry average of 0.0%. Its five-year average dividend yield is 10.7%.

Ellington Financial Inc. Dividend Yield (TTM)

Ellington Financial Inc. dividend-yield-ttm | Ellington Financial Inc. Quote

Uniti Group Inc. (UNIT): This reit engaged in the acquisition and construction of mission critical communications infrastructure has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.3% over the last 60 days.

Uniti Group Inc. Price and Consensus

Uniti Group Inc. price-consensus-chart | Uniti Group Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 5.2%, compared with the industry average of 3.5%. Its five-year average dividend yield is 9.5%.

Uniti Group Inc. Dividend Yield (TTM)

Uniti Group Inc. dividend-yield-ttm | Uniti Group Inc. Quote

See the full list of top ranked stocks here.

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Uniti Group Inc. (UNIT) : Free Stock Analysis Report

China Petroleum & Chemical Corporation (SNP) : Free Stock Analysis Report

Annaly Capital Management Inc (NLY) : Free Stock Analysis Report

Ellington Financial Inc. (EFC) : Free Stock Analysis Report

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