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

PennyMac Mortgage Investment Trust (PMT): 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): 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%.

Oxford Lane Capital Corp. Dividend Yield (TTM)

Oxford Lane Capital Corp. Dividend Yield (TTM)

Oxford Lane Capital Corp. dividend-yield-ttm | Oxford Lane Capital Corp. Quote

Westpac Banking Corporation (WBK): 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): 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.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>

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
 
Westpac Banking Corporation (WBK): Free Stock Analysis Report
 
Senior Housing Properties Trust (SNH): Free Stock Analysis Report
 
PennyMac Mortgage Investment Trust (PMT): Free Stock Analysis Report
 
Oxford Lane Capital Corp. (OXLC): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research