Best Income Stocks to Buy for June 23rd

Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 23rd:

Royal Gold RGLD: This company which acquires and manages precious metals stream and royalty interests, with a primary focus on gold, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Royal Gold, Inc. Price and Consensus

Royal Gold, Inc. price-consensus-chart | Royal Gold, Inc. Quote

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

Royal Gold, Inc. Dividend Yield (TTM)

Royal Gold, Inc. dividend-yield-ttm | Royal Gold, Inc. Quote

Allison Transmission Holdings ALSN: This company which is a manufacturer of fully-automatic transmissions for medium and heavy-duty commercial and heavy-tactical U.S. defence vehicles, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Allison Transmission Holdings, Inc. Price and Consensus

Allison Transmission Holdings, Inc. price-consensus-chart | Allison Transmission Holdings, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 1.2%, compared with the industry average of 0.0%.

Allison Transmission Holdings, Inc. Dividend Yield (TTM)

Allison Transmission Holdings, Inc. dividend-yield-ttm | Allison Transmission Holdings, Inc. Quote

Virco Manufacturing VIRC: This company which designs, produces, and distributes quality furniture for the contract and education markets worldwide, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.6% over the last 60 days.

Virco Manufacturing Corporation Price and Consensus

Virco Manufacturing Corporation price-consensus-chart | Virco Manufacturing Corporation Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 1.3%, compared with the industry average of 0.0%.

Virco Manufacturing Corporation Dividend Yield (TTM)

Virco Manufacturing Corporation dividend-yield-ttm | Virco Manufacturing 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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