Which are the 8 Penny Stocks With Highest Dividend Yield?

By : Sachin Gupta Published : 4 May 2023

1. Vardhman Acrylic

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2. Standard Industries

[{"selector":"#anim-abb74800-770d-4119-96c6-43d9634b8506 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f98d2e3d-7e78-4ee7-a2c8-21cc34169edf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de1b4a46-a835-40ea-968d-577fec95012e","keyframes":{"transform":["translate3d(0px, 82.90310%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6916b7d5-02a1-495e-9953-29a07716ba55","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f8f5f0fa-d0a7-4a20-96fd-3a12eb21d3d7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Standard Industries Ltd is in the business of property division and trading in textiles and chemicals - The company is having a dividend yield of 8.59% - The stock is currently trading at Rs.29.10

3. Geojit Financial Services

[{"selector":"#anim-6fd10c2f-2a9c-4601-89a8-5d8cd4bd25a0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0957bcb0-5fa3-4b41-8196-00833107074e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c981605-6bce-423e-ada5-4d94a6f6623b","keyframes":{"transform":["translate3d(0px, 82.90310%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1983b55a-9112-4e6b-8bf7-0cccb5706a82","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a4c4536-d4cf-421e-9a25-8b0e22137364","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Geojit Financial Services Limited offers a complete spectrum of financial services including online broking, financial products distribution, portfolio management services, margin funding, etc. - The company is having a dividend yield of 6.81% - The stock is currently trading at Rs.44.20

4. CESC

[{"selector":"#anim-55acbe65-cd4d-47d7-9c92-3a68720f60f3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b4ff1428-36d5-4c97-8ca8-7444521170f4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9396a253-8408-4705-b9d6-1dd82d5fdfb6","keyframes":{"transform":["translate3d(0px, 82.90310%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8659980b-619b-45db-98b4-cfbed0a225a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0b46f5d-eaf5-44f7-b1b5-ba4787e800d8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] CESC is engaged in electricity distribution with an embedded generation facility, across 567 square kilometers of its licensed area in Kolkata, Howrah, Hooghly, North and South 24 Parganas in West Bengal. - The company is having a dividend yield of 6.54% - The stock is currently trading at Rs.69.10

5. Saven Technologies

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6. IIFL Securities

[{"selector":"#anim-acf6ab08-9ca1-4ee5-a2b1-22d0d2112be2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-25dbf08f-33e8-4268-8c73-aa66b97ab8fb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fe6eb938-6fe8-4fab-921e-116c3d0557f7","keyframes":{"transform":["translate3d(0px, 82.90310%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ed55a82a-4390-4886-bb39-d02e96f32737","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f6a8aa2-9345-41a6-926d-1127c4cea2d8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] IIFL Securities Limited provides retail and institutional equities, financial products distribution, commodity broking, currency broking, investment banking, financial planning and wealth management services to retail and institutional customers across India - The company is having a dividend yield of 5.17% - The stock is currently trading at Rs. 58.30

7. Sarla Performance Fibres

[{"selector":"#anim-a07dc11e-7f88-4db2-9b40-4e5d4875de5a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-91942133-b190-43a9-b65e-9074eaaef593","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-04ef116c-21f8-4ab9-86b0-2eac4e242179","keyframes":{"transform":["translate3d(0px, 82.90310%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-331ea27a-e9d9-445b-96cd-11b5d81fc088","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a21a15f-3b0e-4d9c-8e02-83ad31d3be3d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Sarla Performance Fibers is engaged in the business of manufacturing specialized high tenacity yarns. - The company is having a dividend yield of 4.73% - The stock is currently trading at Rs. 42.20

8. Steel City Securities

[{"selector":"#anim-ea27338e-b928-450f-9509-0bc2eec257d8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f75823d0-1c99-40ad-a75a-be7ba157e69a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e2cc38a-96fa-4dd3-bfff-a2e42156d4ee","keyframes":{"transform":["translate3d(0px, 82.90310%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7635245-83dd-4a3a-bbac-cad090fb2a6d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8afeb6b0-85e2-4a4c-a6ea-3a166cac05ea","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Steel City Securities Ltd is engaged in the business of retail broking (securities and commodity broking), DP Services, E-Governance, Corporate insurance agents, and marketing support services - The company is having a dividend yield of 4.70% - The stock is currently trading at Rs. 63.7

Swipe up

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