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Top Ranked Income Stocks to Buy for April 3rd

Zacks Equity Research

Here are four stocks with buy rank and strong income characteristics for investors to consider today, April 3rd:

New York Mortgage Trust, Inc. (NYMT): This company that acquires, invests in, finances, and manages mortgage-related and residential housing-related assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

New York Mortgage Trust, Inc. Price and Consensus

New York Mortgage Trust, Inc. Price and Consensus
New York Mortgage Trust, Inc. Price and Consensus

New York Mortgage Trust, Inc. price-consensus-chart | New York Mortgage Trust, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 70.2%, compared with the industry average of 14.9%. Its five-year average dividend yield is 14.4%.

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New York Mortgage Trust, Inc. Dividend Yield (TTM)

New York Mortgage Trust, Inc. Dividend Yield (TTM)
New York Mortgage Trust, Inc. Dividend Yield (TTM)

New York Mortgage Trust, Inc. dividend-yield-ttm | New York Mortgage Trust, Inc. 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 40.5%, compared with the industry average of 3.7%. 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

ARMOUR Residential REIT, Inc. (ARR): This company invests in residential mortgage backed securities has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

ARMOUR Residential REIT, Inc. Price and Consensus

ARMOUR Residential REIT, Inc. Price and Consensus
ARMOUR Residential REIT, Inc. Price and Consensus

ARMOUR Residential REIT, Inc. price-consensus-chart | ARMOUR Residential REIT, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 30.5%, compared with the industry average of 14.9%. Its five-year average dividend yield is 12.6%.

ARMOUR Residential REIT, Inc. Dividend Yield (TTM)

ARMOUR Residential REIT, Inc. Dividend Yield (TTM)
ARMOUR Residential REIT, Inc. Dividend Yield (TTM)

ARMOUR Residential REIT, Inc. dividend-yield-ttm | ARMOUR Residential REIT, Inc. Quote

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 company has a dividend yield of 25.8%, compared with the industry average of 14.9%. 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

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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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
 
New York Mortgage Trust, Inc. (NYMT) : Free Stock Analysis Report
 
Medley Capital Corporation (MCC) : Free Stock Analysis Report
 
Chimera Investment Corporation (CIM) : Free Stock Analysis Report
 
ARMOUR Residential REIT, Inc. (ARR) : Free Stock Analysis Report
 
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Zacks Investment Research