Among the volatile stock category of penny stocks, a few companies can provide stability through high and consistent dividend payouts.
By investing in high dividend yield penny stocks, you not only benefit from capital appreciation but also earn regular income in the form of dividend payments.
Here's a list of high dividend yield penny stocks in India.
| Company | CMP (Rs) | Dividend Yield (%) | Div Payout Ratio | MCap (Rs m) | P/E (x) | D/E (Curr FY, x) | RoE (5 yrs, Avg. %) |
|---|---|---|---|---|---|---|---|
| TAPARIA TOOL | 19.7 | 253.7% | 61.9 | 299 | 0.2 | 0.0 | 28.4% |
| FORTIS MALAR | 55.8 | 76.2% | 20,319.6 | 1,045 | 23.0 | 0.0 | 8.5% |
| MAFIA TRENDS | 7.5 | 13.3% | 108.6 | 33 | NM | 0.5 | 9.1% |
| INTELLIVATE CAPITAL | 40.0 | 12.5% | 244.1 | 506 | NM | 1.5 | 11.0% |
| EXCEL CROP CARE | 92.0 | 9.5% | 11.9 | 1,013 | 1.4 | 0.0 | 17.4% |
| JAGRAN PRAKASHAN | 64.4 | 9.3% | 139.0 | 14,021 | 11.0 | 0.1 | 7.7% |
| ALLCARGO LOGISTIC | 8.9 | 8.1% | 227.1 | 13,300 | NM | 0.5 | 12.2% |
| RADIANT CASH MANAGEMENT | 38.4 | 6.5% | 56.7 | 4,098 | 12.3 | 0.4 | 23.0% |
| SADHANA NITRO | 1.7 | 6.0% | 43.6 | 547 | NM | 0.8 | 4.6% |
| BALMER LAW INVEST | 72.4 | 5.9% | 55.6 | 16,066 | 7.9 | 0.1 | 10.0% |
| XCHANGING SOLUTIONS | 68.0 | 5.9% | 89.9 | 7,575 | 13.1 | 0.2 | 8.8% |
| SWASTIK SAFE DEPOSIT & INVESTMENTS LTD. | 17.4 | 5.7% | 20.3 | 4 | NM | 4.8 | 0.1% |
| MAWANA SUGARS | 78.3 | 5.1% | 14.3 | 3,063 | 8.5 | 0.8 | 13.5% |
| HELIOS & MATHESON | 98.0 | 5.1% | 26.1 | 2,588 | 4.7 | 0.9 | 10.0% |
| GOTHI PLASCO | 39.4 | 5.1% | 125.2 | 402 | 22.7 | 0.2 | 14.0% |
| APTECH | 94.9 | 4.7% | 136.8 | 5,506 | 20.6 | 0.0 | 15.4% |
| BHANSALI ENG | 86.0 | 4.7% | 55.3 | 21,399 | 12.8 | 0.0 | 27.0% |
| JOINDRE CAPI | 43.1 | 4.6% | 27.8 | 596 | 7.6 | 0.0 | 6.3% |
| STEEL CITY SECURITIES | 87.5 | 4.6% | 36.9 | 1,322 | 9.5 | 0.0 | 11.0% |
| PTL ENTERPRISES | 38.4 | 4.6% | 63.8 | 5,079 | 12.2 | 0.1 | 5.6% |
| PAN HR SOLUTION LTD. | 67.4 | 4.5% | 43.9 | 486 | NM | 0.0 | 17.9% |
| ABIRAMI FINANCIAL | 35.5 | 4.2% | 140.4 | 192 | 39.2 | 0.0 | 15.1% |
| CAREER POINT | 97.0 | 4.1% | 19.1 | 1,765 | 4.2 | 0.1 | 4.6% |
| NMDC | 80.1 | 4.1% | 44.4 | 703,961 | 10.2 | 0.1 | 28.3% |
| BRISK TECHNOVISION LTD. | 75.0 | 4.0% | 62.0 | 150 | NM | 0.0 | 24.9% |
* We show NM where the values are negative
Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.