Penny stocks paying dividends: high dividend penny stocks
Companies whose share closed at ₹10 or less and that paid a dividend in the last twelve months, highest yield first. 19 companies met this on 28 Oct 2026.
IL&FS Investment ManagersCapital Markets · IVC
- Market cap
- ₹240 Cr
- P/E
- 48.69
- P/B
- 1.26
Deep Health AI IndiaConsumer Durables · DEEPAI
- Market cap
- ₹23 Cr
- P/E
- –
- P/B
- 0.45
GVP InfotechIT - Services · GVPTECH
- Market cap
- ₹120 Cr
- P/E
- –
- P/B
- 1.46
JMJ FintechFinance · JMJFIN · Lender
- Market cap
- ₹35 Cr
- P/E
- 4.19
- P/B
- 0.63
Comfort FincapFinance · COMFINCAP · Lender
- Market cap
- ₹76 Cr
- P/E
- 10.80
- P/B
- –
Baid FinservFinance · BAIDFIN · Lender
- Market cap
- ₹158 Cr
- P/E
- 10.35
- P/B
- 0.68
A-1Chemicals & Petrochemicals · A1L
- Market cap
- ₹238 Cr
- P/E
- 27.79
- P/B
- 4.40
Julien Agro InfratechConstruction · JULIEN
- Market cap
- ₹13 Cr
- P/E
- –
- P/B
- 0.19
Odyssey CorporationFinance · ODYCORP
- Market cap
- ₹53 Cr
- P/E
- 4.90
- P/B
- –
Elitecon InternationalCigarettes & Tobacco Products · ELITECON
- Market cap
- ₹1,093 Cr
- P/E
- –
- P/B
- –
Axita CottonTextiles & Apparels · AXITA
- Market cap
- ₹275 Cr
- P/E
- 70.90
- P/B
- 4.24
Comfort IntechBeverages · COMFINTE
- Market cap
- ₹240 Cr
- P/E
- –
- P/B
- 1.39
Navkar UrbanstructureConstruction · NAVKARURB
- Market cap
- ₹90 Cr
- P/E
- 30.35
- P/B
- 0.56
Super TanneryConsumer Durables · SUPTANERY
- Market cap
- ₹87 Cr
- P/E
- 12.54
- P/B
- 0.75
Last Mile EnterprisesFinance · LASTMILE
- Market cap
- ₹163 Cr
- P/E
- 18.35
- P/B
- 0.42
Inani Marbles & IndustriesOther Construction Materials · INANI
- Market cap
- ₹18 Cr
- P/E
- 120.35
- P/B
- 0.34
Bhandari Hosiery ExportsTextiles & Apparels · BHANDARI
- Market cap
- ₹88 Cr
- P/E
- 11.85
- P/B
- 0.48
Softrak Venture InvestmentsFinance · SOFTRAKV
- Market cap
- ₹68 Cr
- P/E
- 322.75
- P/B
- 1.50
Spacenet Enterprises IndiaCommercial Services & Supplies · SPCENET
- Market cap
- ₹182 Cr
- P/E
- 7.28
- P/B
- 1.03
About penny stocks paying dividends
Penny stocks paying dividends are companies whose share closed at ₹10 or less and that paid a dividend in the last twelve months. The page lists them with the highest dividend yield first.
How the screen works
A company appears when its share price is ₹10 or less and its dividend yield is 0.01% or more. Dividend yield is the dividends per share paid in the past twelve months, as a percentage of the day's share price. Companies are sorted by that yield, highest first, and the list can be narrowed by sector or size.
What counts as a penny stock
Penny stock is an informal label for a very low-priced share. This page uses ₹10 and applies it to the closing price.
Reading the yield
Yield rises when the price falls, so a high figure can come from a small price rather than a large payout. The yield also counts every dividend paid in twelve months, including a one-time special payout that may not repeat. The columns beside it, such as market cap, P/E (market cap divided by the last twelve months' profit) and earnings yield, set the payout against the company's profit.
Limits of the list
Low-priced companies are often small and thinly traded, so the closing price can move sharply on few trades, and a single day's price can move a company in or out of the list. A dividend paid once says little about the next one.