Best Income Stocks to Buy for May 22nd

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By Ronald Tech

Here are two stocks with buy rank and strong income characteristics for investors to consider today, May 22nd:

Fortis Inc. FTS: This Canadian electric and gas utility company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Fortis Price and Consensus

Fortis Price and Consensus

Fortis price-consensus-chart | Fortis Quote

This Zacks Rank #1 company has a dividend yield of 3.6%, compared with the industry average of 3.1%.

Fortis Dividend Yield (TTM)

Fortis Dividend Yield (TTM)

Fortis dividend-yield-ttm | Fortis Quote

MGIC Investment Corporation MTG: This mortgage insurance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

MGIC Investment Corporation Price and Consensus

MGIC Investment Corporation Price and Consensus

MGIC Investment Corporation price-consensus-chart | MGIC Investment Corporation Quote

This Zacks Rank #1 company has a dividend yield of nearly 2%, compared with the industry average of 1.7%.

MGIC Investment Corporation Dividend Yield (TTM)

MGIC Investment Corporation Dividend Yield (TTM)

MGIC Investment Corporation dividend-yield-ttm | MGIC Investment 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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