Best Income Stocks to Buy for June 24th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 24th:

Runway Growth Finance Corp. RWAY: This externally managed business development company which is focused on providing flexible capital solutions to late-stage and growth companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.

Runway Growth Finance Corp. Price and Consensus

Runway Growth Finance Corp. price-consensus-chart | Runway Growth Finance Corp. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 13%, compared with the industry average of 10.5%.

Runway Growth Finance Corp. Dividend Yield (TTM)

Runway Growth Finance Corp. dividend-yield-ttm | Runway Growth Finance Corp. Quote

Flex LNG FLNG: This shipping company which is focused on transportation of liquefied natural gas, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.1% over the last 60 days.

Flex LNG Ltd. Price and Consensus

Flex LNG Ltd. price-consensus-chart | Flex LNG Ltd. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 12.6%, compared with the industry average of 2%.

Flex LNG Ltd. Dividend Yield (TTM)

Flex LNG Ltd. dividend-yield-ttm | Flex LNG Ltd. Quote

Upbound Group, Inc. UPBD: This company which is a leading lease-to-own provider with operations in the United States, Puerto Rico and Mexico, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

Upbound Group, Inc. Price and Consensus

Upbound Group, Inc. price-consensus-chart | Upbound Group, Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 6.5%, compared with the industry average of 4.1%.

Upbound Group, Inc. Dividend Yield (TTM)

Upbound Group, Inc. dividend-yield-ttm | Upbound Group, Inc. Quote

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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

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

Zacks Investment Research