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Top Ranked Income Stocks to Buy for January 9th

Zacks Equity Research

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong income characteristics for investors to consider today, January 9th:

Best Buy Co., Inc. (BBY): This technology goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings soaring 7.6% over the last 60 days.

Best Buy Co., Inc. Price and Consensus

Best Buy Co., Inc. Price and Consensus | Best Buy Co., Inc. Quote

The company has a dividend yield of 2.62%, compared with the industry average of 0.74%. Its five-year average dividend yield is 2.84%.

Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. Dividend Yield (TTM) | Best Buy Co., Inc. Quote

PennyMac Mortgage Investment Trust (PMT): This real estate investment trust has witnessed the Zacks Consensus Estimate for its current year earnings rising 10.6% over the last 60 days.

PennyMac Mortgage Investment Trust Price and Consensus

PennyMac Mortgage Investment Trust Price and Consensus | PennyMac Mortgage Investment Trust Quote

The company has a dividend yield of 11.23%, compared with the industry average of 0.00%. Its five-year average dividend yield is 11.30%.

PennyMac Mortgage Investment Trust Dividend Yield (TTM)

PennyMac Mortgage Investment Trust Dividend Yield (TTM) | PennyMac Mortgage Investment Trust Quote

Transmontaigne Partners L.P. (TLP): This refined petroleum products pipeline company has witnessed the Zacks Consensus Estimate for its current year earnings advancing 5.3% over the last 60 days.

TransMontaigne Partners L.P. Price and Consensus

TransMontaigne Partners L.P. Price and Consensus | TransMontaigne Partners L.P. Quote

The company has a dividend yield of 6.27%, compared with the industry average of 4.25%. Its five-year average dividend yield is 6.98%.

TransMontaigne Partners L.P. Dividend Yield (TTM)

TransMontaigne Partners L.P. Dividend Yield (TTM) | TransMontaigne Partners L.P. Quote

GEO Group, Inc. (GEO): This real estate company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.

Geo Group Inc (The) Price and Consensus

Geo Group Inc (The) Price and Consensus | Geo Group Inc (The) Quote

The company has a dividend yield of 7.13%, compared with the industry average of 4.39%. Its five-year average dividend yield is 5.86%.

Geo Group Inc (The) Dividend Yield (TTM)

Geo Group Inc (The) Dividend Yield (TTM) | Geo Group Inc (The) 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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TransMontaigne Partners L.P. (TLP): Free Stock Analysis Report
 
PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report
 
Geo Group Inc (The) (GEO): Free Stock Analysis Report
 
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
 
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Zacks Investment Research