Top penny stocks with high dividend yield; do you own any?

List of penny stocks that offer good dividend yield.

If you are a market participant, you would have eventually persuaded yourself to buy a stock which is quoting at a really low absolute price of say Rs 20 or maybe Rs 50. The judgement to purchase these stocks quoted below Rs 100 in all likelihood would not be a level-headed one, but instead an impulsive or emotional one.

The run-of-the-mill manner of thinking would be something like: where else can I buy a decent number of shares for not much capital outlay or how much lower can the price go from here? And if these lotto tickets actually take off, it can make a difference between buying a Porsche or a Maruti 800 for your next car!

Many of the greatest companies started very small, with their stocks valued in single digits. In other words, they started as what the investment world calls “Penny Stocks or micro-cap.” As those businesses grew in size, the stock price also grew and their shareholders were rewarded with a great fortune.

In this article, we have prepared a list of penny stocks that offer good dividend yield.

Which penny stock, do you own from the above list, let us know it comment section.