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Top Ranked Income Stocks to Buy for September 23rd

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

PennyMac Mortgage Investment Trust (PMT - Free Report) : This specialty finance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8.5%, compared with the industry average of 0%. Its five-year average dividend yield is 11.3%.

Oxford Lane Capital Corp. (OXLC - Free Report) : This closed-end management investment company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 16.7%, compared with the industry average of 3.8%. Its five-year average dividend yield is 17.5%.

Westpac Banking Corporation (WBK - Free Report) : This financial services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

This Zacks Rank #2 company has a dividend yield of 6.4%, compared with the industry average of 3.3%. Its five-year average dividend yield is 6.1%.

Senior Housing Properties Trust (SNH - Free Report) : This real estate investment trust company has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 1.5% over the last 60 days.

This Zacks Rank #2 company has a dividend yield of 6.8%, compared with the industry average of 4.2%. Its five-year average dividend yield is 8.6%.

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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