Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 20th:

ARMOUR Residential REIT, Inc. ARR: This company which invests in residential mortgage-backed securities has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

ARMOUR Residential REIT, Inc. Price and Consensus

ARMOUR Residential REIT, Inc. price-consensus-chart | ARMOUR Residential REIT, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 16.2%, compared with the industry average of 9.1%.

ARMOUR Residential REIT, Inc. Dividend Yield (TTM)

ARMOUR Residential REIT, Inc. dividend-yield-ttm | ARMOUR Residential REIT, Inc. Quote

Grindrod Shipping Holdings Ltd. GRIN: This international shipping company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Grindrod Shipping Holdings Ltd. Price and Consensus

Grindrod Shipping Holdings Ltd. price-consensus-chart | Grindrod Shipping Holdings Ltd. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.7%, compared with the industry average of 0.7%.

Grindrod Shipping Holdings Ltd. Dividend Yield (TTM)

Grindrod Shipping Holdings Ltd. dividend-yield-ttm | Grindrod Shipping Holdings Ltd. Quote

Black Stone Minerals, L.P. BSM: This company that owns and manages oil and natural gas mineral interests has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.4% over the last 60 days.

Black Stone Minerals, L.P. Price and Consensus

Black Stone Minerals, L.P. price-consensus-chart | Black Stone Minerals, L.P. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.6%, compared with the industry average of 7.4%.

Black Stone Minerals, L.P. Dividend Yield (TTM)

Black Stone Minerals, L.P. dividend-yield-ttm | Black Stone Minerals, L.P. Quote

See the full list of top ranked stocks here.

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