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 | 8.8 | 456.6% | 60.9 | 133 | 0.1 | 0.0 | 25.6% |
| POWERGRID INVIT | 86.7 | 13.8% | 111.2 | 78,933 | NM | 0.1 | 3.6% |
| IL&FS INV. MANAGERS | 10.6 | 6.6% | 182.5 | 3,326 | 67.3 | 0.0 | 4.9% |
| JAGRAN PRAKASHAN | 83.3 | 6.0% | 66.0 | 18,135 | 11.2 | 0.1 | 9.7% |
| COMPUAGE INFOCOM | 2.6 | 5.9% | 4.9 | 221 | NM | 2.2 | 12.5% |
| GOTHI PLASCO | 37.4 | 5.3% | 133.0 | 381 | 28.8 | 0.0 | 14.4% |
| VARANIUM CLOUD | 15.9 | 4.6% | 3.8 | 703 | 0.4 | 0.0 | 40.9% |
| ABIRAMI FINANCIAL | 55.0 | 4.5% | 93.0 | 297 | 19.4 | 0.0 | 14.9% |
| ADVANI HOTELS | 65.0 | 4.3% | 103.7 | 6,011 | 26.2 | 0.0 | 23.4% |
| PTL ENTERPRISES | 40.8 | 4.3% | 98.3 | 5,401 | 18.0 | 0.0 | 6.7% |
| STANDARD INDUSTRIES | 26.8 | 3.9% | -5,156.1 | 1,726 | 44.1 | 0.2 | 29.0% |
| BRIGHTCOM GROUP | 7.7 | 3.9% | 6.6 | 15,603 | 1.8 | 0.0 | 15.4% |
| VARDHMAN ACRYLICS | 52.6 | 3.8% | 91.7 | 4,230 | 25.2 | 0.0 | 10.3% |
| SRI DIGVIJAY CEMENT | 85.8 | 3.5% | 50.4 | 12,687 | 17.0 | 0.0 | 19.4% |
| SAVEN TECHNO | 58.5 | 3.4% | 87.3 | 637 | 23.2 | 0.0 | 17.4% |
| RADIANT CASH MANAGEMENT | 74.0 | 3.4% | 60.0 | 7,892 | 18.0 | 0.1 | 25.6% |
| JOINDRE CAPI | 59.3 | 3.4% | 565.0 | 820 | 36.2 | 0.2 | 4.2% |
| UNILEX COLOURS AND CHEMICALS LTD. | 67.5 | 3.3% | 48.7 | 919 | NM | 0.6 | 16.3% |
| VIBRANT GLOBAL | 66.3 | 3.0% | 9.6 | 1,519 | 2.8 | 0.2 | 24.4% |
| DIVYASHAKTI GRAN | 69.0 | 2.9% | 88.5 | 709 | 40.6 | 0.0 | 5.4% |
| FILTRA CONSULTANTS | 80.5 | 2.8% | 69.1 | 883 | NM | 0.0 | 14.7% |
| ANDHRA PETRO | 74.1 | 2.7% | 26.8 | 6,299 | 9.5 | 0.0 | 18.4% |
| TCFC FINANCE | 71.6 | 2.6% | 15.4 | 712 | 6.9 | 0.0 | 5.7% |
| POOJAWESTERN METALIKS | 39.0 | 2.6% | 58.1 | 396 | 25.9 | 1.5 | 7.8% |
| IFGL REFRACTORIES | 78.6 | 2.5% | 15.3 | 2,720 | 4.5 | 0.2 | 15.1% |
* 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.
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