Best Income Stocks to Buy for August 4th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 4th:

New York Mortgage Trust NYMT: This real estate investment trust which is focused on owning and managing a leveraged portfolio of residential mortgage securities and a mortgage origination business, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

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 12.2%, compared with the industry average of 11.4%.

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

New York Mortgage Trust, Inc. dividend-yield-ttm | New York Mortgage Trust, Inc. Quote

TPG RE Finance Trust TRTX: This commercial real estate finance company which focuses primarily on directly originating, acquiring and managing commercial mortgage loans and other commercial real estate-related debt instruments, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days.

TPG RE Finance Trust, Inc. Price and Consensus

TPG RE Finance Trust, Inc. price-consensus-chart | TPG RE Finance Trust, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 11.1%, compared with the industry average of 0.0%.

TPG RE Finance Trust, Inc. Dividend Yield (TTM)

TPG RE Finance Trust, Inc. dividend-yield-ttm | TPG RE Finance Trust, Inc. Quote

First Commonwealth Financial FCF: This bank holding company which operates two chartered banks and offers Personal financial planning. other financial services and insurance products, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.

First Commonwealth Financial Corporation Price and Consensus

First Commonwealth Financial Corporation price-consensus-chart | First Commonwealth Financial Corporation Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.3%, compared with the industry average of 2.7%.

First Commonwealth Financial Corporation Dividend Yield (TTM)

First Commonwealth Financial Corporation dividend-yield-ttm | First Commonwealth Financial Corporation Quote

See the full list of top ranked stocks here.

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This article originally published on Zacks Investment Research (zacks.com).

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