There is a little amount of money invested in the stock of cheap dividend stocks. In most cases, no information is provided about the company’s future prospects or expected revenue growth. Quite a few of them don’t even give you a ballpark figure.
Many investors want low liquidity since it makes investments more difficult to lose money on. Penny stocks have fewer tradable shares on the exchanges than other types of securities. Because cheap stocks that pay dividends offers large profits in a short period of time, investors with a high tolerance for risk like them.
List of cheap dividend stocks of 2022
Stock brokers are also extremely interested in cheap dividend stocks. A fast sale of their lower-priced assets drives the price back down when the stock price increases. Another reason why penny stocks are so inexpensive is because of this. Another factor is that ordinary investors tend to stay away from these investments due to the high level of risk. As a result, the stock is often becoming illiquid. Let us look into the list of cheap dividend stocks for 2022 as follows.
| Name Of Company | Exchange | Sector | FV | Market Cap (Cr) | EPS | P/E Ratio | Intrinsic Value | Book Value | 1-Yr Return | 3-Yrs Return | 5-Yrs Return | 10-Yrs Return | 52 Week High | 52 Week Low | 1-Yr Dividend | 3-Yrs Dividend | Amba Enterprises Limited | BSE | Other Elect.Equip./ Prod. | ₹5.00 | ₹31.46 | 2.37 | 10.49 | ₹44.01% | ₹15.13 | 165.21% | 5.86% | -32.57% | 0 | 5.7% | Shashijit Infraprojects Limited | BSE | Construction & Engineering | ₹10.00 | ₹33.00 | 0.24 | 132 | ₹4.57% | ₹10.78 | 18.81% | 12.34% | 19.67% | 0 | 9.07% | Akar Auto Industries Limited | BSE | Industrial Machinery | ₹5.00 | ₹33.28 | 0.94 | 32.95 | ₹16.09% | ₹23.73 | 100.32% | -9.81% | 3.01% | 2.11% | 0 | 3.79% | Vishal Bearings Limited | BSE | Industrial Machinery | ₹10.00 | ₹33.72 | 0.37 | 84.3 | ₹25.65% | ₹17.10 | 38.58% | 4.57% | 16.68% | 0 | 2.81% | Agro Phos India Limited | NSE | Chemical Manufacturing | ₹10.00 | ₹35.07 | 1.98 | 8.72 | ₹20.15% | ₹20.54 | 97.71% | -21.67% | ₹21.00 | ₹7.45 | 0 | 4.07% | National Plastic Industries Limited | BSE | Plastic Products | ₹10.00 | ₹35.52 | 2.74 | 14.21 | ₹28.04% | ₹32.67 | 103.13% | -3.8% | -12.52% | 9.5% | 0 | 13.65% | Arex Industries Limited | BSE | Textiles | ₹10.00 | ₹36.10 | 4.32 | 21.11 | ₹62.83% | ₹62.29 | 38.95% | 5.29% | 1.66% | 20.6% | 0 | 10.48% | Porwal Auto Components Limited | BSE | Auto Parts & Equipment | ₹10.00 | ₹37.83 | 1.51 | 16.59 | ₹29.33% | ₹39.81 | 115.02% | -14.23% | -8.21% | 15.27% | 0 | 11.04% | Cenlub Industries Limited | BSE | Industrial Machinery | ₹10.00 | ₹38.17 | 8.69 | 9.42 | ₹98.87% | ₹71.95 | 132.2% | 8.1% | 24.65% | 12% | 0 | 7.86% | Innovative Tech Pack Limited | BSE | Containers & Packaging | ₹1.00 | ₹39.99 | -2.28 | 31.37 | ₹19.03 | 31.37% | -19.72% | -20.79% | 3.04% | 0 | 4.2% | Trident Texofab Limited | BSE | Comm.Trading & Distribution | ₹10.00 | ₹42.45 | 1.22 | 35.38 | ₹13.39% | ₹11.90 | 52.17% | -1.08% | 0 | 10.5% | Ashika Credit Capital Limited | BSE | Finance (including NBFCs) | ₹10.00 | ₹42.77 | 0.09 | 388.82 | ₹6.03% | ₹40.35 | 75.61% | 5.38% | 0 | 4.47% | Zodiac Energy Limited | NSE | Electric Utilities | ₹10.00 | ₹43.61 | 3.08 | 9.71 | 124.06 | ₹19.11 | 124.06% | 35.87% | 0 | 19.68% | Laxmi Cotspin Limited | NSE | Apparel/Accessories | ₹10.00 | ₹44.58 | 0.64 | 30.96 | ₹11.94% | ₹28.06 | 175.13% | 25.99% | 0 | 7.81% | Yash Chemex Limited | BSE | Specialty Chemicals | ₹10.00 | ₹44.66 | 2.09 | 20.87 | -16.15 | ₹22.08 | -16.15% | -16.93% | 34.68% | 0 | 4.47% | Mehai Technology Limited | BSE | Comm.Trading & Distribution | ₹10.00 | ₹46.32 | 0.15 | 289.5 | ₹6.89% | ₹11.84 | 130.67% | -10.34% | 0 | 8.11% | Kpt Industries Limited | BSE | Industrial Machinery | ₹5.00 | ₹48.71 | 16.97 | 8.44 | ₹130.93% | ₹91.56 | 132.17% | 34.4% | 35.38% | 10.73% | 0 | 2.38% | Lancor Holdings Limited | BSE | Realty | ₹2.00 | ₹52.45 | -3.78 | 223.75 | ₹36.57 | 223.75% | -13.12% | -13.98% | -1.97% | 0 | 9.47% | Swasti Vinayaka Synthetics Limited | BSE | Comm.Trading & Distribution | ₹1.00 | ₹53.46 | 0.19 | 30.72 | ₹2.49% | ₹1.65 | 80% | 33.98% | 24.2% | 12.25% | 0 | 10.19% | Supreme Engineering Limited | NSE | Iron & Steel | ₹10.00 | ₹53.61 | -1.18 | 9.44 | ₹19.10 | 9.44% | -6.21% | ₹42.90 | ₹20.00 | 0 | 6.16% | International Combustion (India) Limited | BSE | Industrial Machinery | ₹10.00 | ₹54.96 | -1.46 | 74.2 | ₹373.80 | 74.2% | -6.35% | -9.27% | -0.83% | 0 | 2.24% | Shradha Infraprojects Limited | NSE | Real Estate Operations | ₹10.00 | ₹57.41 | 1.47 | 37.28 | ₹25.74% | ₹56.51 | 57.43% | 10.52% | ₹76.75 | ₹35.50 | 0 | 4.67% | Tara Chand Logistic Solutions Limited | NSE | Construction Services | ₹10.00 | ₹57.92 | 3.92 | 8.92 | 34.12 | ₹40.27 | 34.12% | 15.92% | 0 | 4.28% | Khfm Hospitality And Facility Management Services Limited | NSE | Consulting & Management Services | ₹10.00 | ₹58.69 | 3.36 | 18 | ₹42.64% | ₹35.79 | 120% | 0 | 6.11% | Apm Industries Limited | BSE | Textiles | ₹2.00 | ₹64.29 | 4.65 | 6.4 | ₹49.07% | ₹63.05 | 112.5% | -2.24% | -11.28% | 11.66% | 0 | 4.9% | Sonam Clock Limited | NSE | Watch Manufacturing | ₹10.00 | ₹67.05 | 3.32 | 20.07 | ₹87.41% | ₹31.13 | 6.35% | 21.34% | 0 | 4.51% | Ruttonsha International Rectifier Limited | BSE | Electronic Components | ₹10.00 | ₹67.16 | 3.87 | 24.97 | ₹38.48% | ₹35.79 | 179.71% | 29.44% | 14.63% | 20.07% | 0 | 8.82% | ANI Integrated Services Limited | NSE | Construction Services | ₹10.00 | ₹68.78 | 4.8 | 14.79 | ₹164.66% | ₹40.26 | 223.46% | -3.6% | 0 | 3.09% | CMI Limited | NSE & BSE | Other Elect.Equip./ Prod. | ₹10.00 | ₹71.32 | -126.06 | 26.78 | ₹77.72 | 26.78% | -30.72% | -24.1% | 10.77% | ₹70.50 | ₹29.20 | 0 | 7.89% | Orient Press Limited | NSE & BSE | Containers & Packaging | ₹10.00 | ₹73.85 | -2.07 | 10.31 | ₹75.94 | 10.31% | -28.82% | 3.07% | 0.76% | ₹122.90 | ₹62.25 | 0 | 25.25% | Veer Global Infraconstruction Limited | BSE | Realty | ₹10.00 | ₹74.07 | 274.33 | 0 | 25% | Machino Plastics Limited | BSE | Plastic Products | ₹10.00 | ₹75.55 | 2.23 | 55.15 | ₹38.89% | ₹84.67 | 85.18% | -6.8% | -3.24% | 8.8% | 0 | 49.92% | Kallam Textiles Limited | BSE | Textiles | ₹2.00 | ₹78.36 | 1.56 | 9.46 | ₹24.05% | ₹46.42 | 162.18% | -2.59% | 4.1% | 15.58% | 0 | 4.29% | Banka BioLoo Limited | NSE | Business Services | ₹10.00 | ₹82.15 | 1.98 | 40.27 | ₹44.92% | ₹29.21 | 173.16% | 22% | ₹102.15 | ₹34.75 | 0 | 3.04% | Mercury Laboratories Limited | BSE | Pharmaceuticals | ₹10.00 | ₹85.89 | 46.92 | 15.26 | ₹541.11% | ₹307.42 | 53.33% | 21.4% | 7.65% | 0 | 4.59% | Kemp & Company Limited | BSE | Containers & Packaging | ₹10.00 | ₹86.93 | -6.57 | 126.75 | ₹1,320.68 | 126.75% | 0.21% | 25.05% | 10.94% | 0 | 5.18% | East West Holdings Limited | BSE | Transportation – Logistics | ₹10.00 | ₹87.54 | 0.15 | 55.06 | -12.77 | ₹5.61 | -12.77% | -31.59% | 10.55% | 0 | 3.23% | Source Natural Foods & Herbal Suppl Limited | BSE | Pharmaceuticals | ₹10.00 | ₹88.86 | 6.11 | 22.61 | ₹94.33% | ₹20.46 | 12.69% | 31.58% | 22.77% | 21.87% | 0 | 20.84% | Mukta Arts Limited | NSE & BSE | Movies & Entertainment | ₹5.00 | ₹91.70 | -6.22 | 57.36 | -₹1.39 | 57.36% | 0.12% | -20.48% | 1.31% | ₹44.20 | ₹24.00 | 0 | 36.61% | Ludlow Jute & Specialities Limited | BSE | Jute & Jute Products | ₹10.00 | ₹96.98 | 5.65 | 15.92 | ₹82.61% | ₹150.89 | 10.83% | 9.2% | -0.15% | 8.59% | 0 | 34.84% | Aro Granite Industries Limited | NSE & BSE | Construction Materials | ₹10.00 | ₹97.46 | 5.67 | 11.23 | ₹74.61% | ₹122.64 | 159.47% | 5.73% | -6% | 9.84% | ₹78.30 | ₹23.35 | 0 | 5.25% | Damodar Industries Limited | NSE & BSE | Textiles | ₹5.00 | ₹100.66 | 2.14 | 20.17 | ₹26.69% | ₹41.57 | 86.21% | -5.03% | 2.47% | 11.31% | ₹57.55 | ₹21.00 | 0 | 6.65% | Cochin Minerals & Rutile Limited | BSE | Specialty Chemicals | ₹10.00 | ₹103.32 | 5.99 | 22.03 | ₹127.46% | ₹109.04 | 11.4% | -6.78% | 2.66% | 4.72% | 0 | 8.71% | Aaron Industries Limited | NSE | Industrial Equipment | ₹10.00 | ₹107.52 | 2.25 | 47.58 | ₹66.59% | ₹12.12 | 287.86% | 76.62% | ₹136.00 | ₹28.00 | 0 | 7.85% | Vikas Proppant & Granite Limited | NSE & BSE | Other Agricultural Products | ₹1.00 | ₹110.66 | -0.22 | 481.13 | -15.69 | ₹3.65 | -15.69% | 9.22% | 34.42% | 8.74% | ₹3.75 | ₹2.00 | 0 | 43.04% | Frontier Springs Limited | BSE | Auto Parts & Equipment | ₹10.00 | ₹118.89 | 22.75 | 13.27 | ₹547.53% | ₹158.87 | -3.75% | 23.46% | 48.52% | 24.77% | 0 | 2.61% | Shrenik Limited | NSE | Paper & Paper Products | ₹1.00 | ₹119.34 | -0.19 | -79.03 | ₹1.05 | -79.03% | -49.08% | ₹10.30 | ₹1.40 | 0 | 12.29% | Fiberweb (India) Limited | BSE | Plastic Products | ₹10.00 | ₹126.40 | 4.81 | 9.12 | ₹85.07% | ₹55.02 | 46.09% | -3.2% | -7.82% | 32.87% | 0 | 7.98% | Starteck Finance Limited | BSE | Comm.Trading & Distribution | ₹10.00 | ₹128.88 | 40.01 | 3.25 | ₹230.92% | ₹147.90 | 166.5% | 64.16% | 22.58% | 0.66% | 2.5% | Vikas EcoTech Limited | NSE & BSE | Specialty Chemicals | ₹1.00 | ₹135.19 | -0.22 | -38.95 | ₹2.71 | -38.95% | -39.56% | -27.85% | -2.87% | ₹4.60 | ₹1.15 | 0 | 3.11% | Coral Laboratories Limited | BSE | Pharmaceuticals | ₹10.00 | ₹136.77 | 39.44 | 9.71 | ₹476.54% | ₹382.47 | 3.69% | -0.26% | -6% | 17.25% | 0 | 2.33% | Naga Dhunseri Group Limited | NSE | Investment Services | ₹10.00 | ₹142.40 | 759.7 | 1.87 | ₹19,318.06% | ₹4,912.30 | 137.39% | 20.4% | 36.95% | ₹2,175.00 | ₹560.00 | 0.44% | 0.3% | Abans Enterprises Limited | BSE | Comm.Trading & Distribution | ₹10.00 | ₹146.68 | 20.09 | 5.23 | -49.23 | ₹85.08 | -49.23% | 67.07% | 86.03% | 0.43% | DEEP ENERGY RESOURCES LIMITED | NSE & BSE | Integrated Oil & Gas | ₹10.00 | ₹148.32 | 0.16 | 290.82 | ₹22.02% | ₹128.45 | 3% | -13.49% | -24.92% | -2.01% | ₹73.00 | ₹30.50 | 0 | 941.18% | Rajoo Engineers Limited | BSE | Industrial Machinery | ₹1.00 | ₹150.14 | 1.64 | 14.91 | ₹19.14% | ₹12.78 | 177.9% | -7.42% | 6.51% | 9.12% | 0 | 2.6% | Capital Trust Limited | NSE & BSE | Finance (including NBFCs) | ₹10.00 | ₹150.85 | -24.18 | 63.62 | ₹79.97 | 63.62% | -25.78% | -30.2% | 7.99% | ₹149.00 | ₹50.00 | 0 | 2.98% | Vadilal Enterprises Limited | BSE | Comm.Trading & Distribution | ₹10.00 | ₹156.08 | -6.14 | 18.33 | ₹41.50 | 18.33% | 26.11% | 31.3% | 30.83% | 0 | 25.48% | Riddhi Corporate Services Limited | BSE | BPO/KPO | ₹10.00 | ₹160.62 | 2.84 | 49.73 | ₹114.95% | ₹24.76 | -15.7% | 44.74% | 0 | 2.95% | Inflame Appliances Limited | BSE | Houseware | ₹10.00 | ₹168.21 | -5.6 | 181.05 | ₹6.67 | 181.05% | 70.71% | 0 | 2.75% | Anand Rayons Limited | BSE | Comm.Trading & Distribution | ₹10.00 | ₹179.14 | 0.48 | 248.81 | 296.52 | ₹18.03 | 296.52% | 0 | 8.02% | Emkay Taps and Cutting Tools Limited | NSE | Misc. Capital Goods | ₹10.00 | ₹179.28 | 22.33 | 7.52 | ₹282.37% | ₹136.58 | 150.75% | -9.28% | 0 | 4.38% | TIL Limited | NSE & BSE | Transport Related Services | ₹10.00 | ₹182.50 | -104.62 | 33.74 | ₹229.21 | 33.74% | -14.88% | -9.42% | -7.91% | ₹243.50 | ₹125.25 | 0 | 2.53% | Bombay Oxygen Investments Limited | BSE | Industrial Gases | ₹100.00 | ₹187.05 | 4062 | 3.07 | ₹25,583.87% | ₹20,142.00 | 23.45% | -21.52% | 17.03% | 5.62% | 0.51% | 0.65% | Raj Television Network Limited | NSE & BSE | Broadcasting & Cable TV | ₹5.00 | ₹187.15 | 0.28 | 130.87 | ₹7.75% | ₹27.26 | 5.72% | 4.88% | -10.78% | 9.06% | ₹66.70 | ₹29.65 | 0 | 3.2% | Radhika Jeweltech Limited | BSE | Other Apparels & Accessories | ₹10.00 | ₹195.05 | 10.81 | 9.56 | ₹90.15% | ₹69.29 | 406.43% | 63.24% | 11.25% | 0 | 4.68% | Macpower CNC Machines Limited | NSE | Misc. Capital Goods | ₹10.00 | ₹207.89 | 6.94 | 29.96 | ₹236.35% | ₹72.44 | 226.47% | 18.82% | ₹226.45 | ₹55.65 | 0 | 2.59% | Asian Hotels (East) Limited | NSE & BSE | Hotels | ₹10.00 | ₹217.53 | -28.98 | 39.73 | ₹628.38 | 39.73% | -7.18% | -1.53% | -4.61% | ₹223.00 | ₹127.05 | 0 | 27.14% | Orbit Exports Limited | NSE & BSE | Textiles | ₹10.00 | ₹218.38 | 2.32 | 26.86 | ₹51.65% | ₹64.59 | 37.5% | -17.1% | -9.42% | 8.58% | ₹99.70 | ₹55.40 | 0 | 10.43% | Jay Ushin Limited | BSE | Auto Parts & Equipment | ₹10.00 | ₹219.23 | 50.82 | 11.16 | ₹297.37% | ₹187.66 | 20.1% | 6.99% | 17.25% | 17.64% | 0 | 3.34% | 20 Microns Limited | NSE & BSE | Mining | ₹5.00 | ₹220.01 | 7.95 | 7.85 | ₹128.76% | ₹60.78 | 121.89% | 13.1% | 10.09% | 8.16% | ₹74.90 | ₹26.05 | 0 | 2.93% | Nicco Parks & Resorts Limited | BSE | Other Leisure Facilities | ₹1.00 | ₹225.34 | -0.27 | 48.15 | ₹10.96 | 48.15% | 3.84% | 10.18% | 7.86% | 0 | 25.89% | Orissa Bengal Carrier Limited | BSE | Transportation – Logistics | ₹10.00 | ₹235.60 | 2.77 | 41.7 | ₹39.52% | ₹35.19 | 266.39% | 38.57% | 0 | 7.08% | Benares Hotels Limited | BSE | Hotels | ₹10.00 | ₹246.22 | -1.85 | 61.88 | ₹541.85 | 61.88% | 13.36% | 11.48% | 14.78% | 0 | 10.52% | Royal Orchid Hotels Limited | NSE & BSE | Hotels | ₹10.00 | ₹251.76 | -10.98 | 49.03 | ₹51.19 | 49.03% | -7.89% | 6.06% | 5.08% | ₹113.40 | ₹52.75 | 0 | 15.3% | Setco Automotive Limited | NSE & BSE | Auto Parts & Equipment | ₹2.00 | ₹253.49 | -9 | 101.6 | -₹2.03 | 101.6% | -20.03% | -14.78% | -2% | ₹25.20 | ₹8.60 | 0 | 142.39% | Kilitch Drugs (India) Limited | NSE & BSE | Pharmaceuticals | ₹10.00 | ₹259.96 | 3.99 | 42 | ₹121.92% | ₹81.69 | 58.34% | 2.68% | 29.06% | 9.55% | ₹228.90 | ₹79.05 | 0 | 6.68% | Mindteck (India) Limited | NSE & BSE | IT Software Products | ₹10.00 | ₹267.47 | 11.96 | 19.96 | ₹71.72% | ₹53.75 | 227.36% | 27.1% | 1.28% | 18.73% | ₹133.80 | ₹26.30 | 0 | 30.67% | Alufluoride Limited | BSE | Commodity Chemicals | ₹10.00 | ₹270.08 | -2.98 | 57.66 | ₹66.33 | 57.66% | 33.38% | 61.43% | 45.06% | 0 | 5.04% | Bhartiya International Limited | NSE & BSE | Other Apparels & Accessories | ₹10.00 | ₹274.29 | 11.54 | 19.48 | ₹160.43% | ₹278.78 | 52.03% | -4.25% | -16.66% | 15.34% | ₹264.90 | ₹126.50 | 0 | 2.46% | GP Petroleums Limited | NSE & BSE | Oil Marketing & Distribution | ₹5.00 | ₹280.64 | 2.95 | 18.67 | ₹58.46% | ₹45.72 | 52.92% | -9.53% | -7.05% | 15.11% | ₹77.55 | ₹33.00 | 0 | 16.03% | Premier Explosives Limited | NSE & BSE | Specialty Chemicals | ₹10.00 | ₹283.00 | -6.7 | 125.83 | ₹171.85 | 125.83% | 8.47% | -5.54% | 16.58% | ₹285.65 | ₹112.20 | 0 | 8.52% | CL Educate Limited | NSE & BSE | Education | ₹10.00 | ₹286.01 | -3.62 | 213.02 | ₹96.05 | 213.02% | 20.71% | ₹96.15 | ₹26.25 | 0 | 2.37% | Kothari Sugars And Chemicals Limited | NSE | Food Processing | ₹10.00 | ₹291.77 | 1.88 | 25.91 | ₹33.33% | ₹22.47 | 152.33% | 42.95% | 19.91% | 19.16% | ₹50.35 | ₹12.70 | 0 | 10.87% | Chemfab Alkalis Limited | NSE & BSE | Commodity Chemicals | ₹10.00 | ₹292.43 | -4.72 | 61.12 | ₹190.13 | 61.12% | 8.05% | ₹218.20 | ₹115.00 | 0 | 5.72% | UFO Moviez India Limited | NSE & BSE | Broadcasting & Cable TV | ₹10.00 | ₹293.86 | -39.17 | 39.22 | ₹93.37 | 39.22% | -29.65% | -25.48% | ₹115.65 | ₹68.40 | 0 | 79.17% | Som Distilleries & Breweries Limited | NSE & BSE | Breweries & Distilleries | ₹5.00 | ₹302.52 | -4.08 | 66.85 | ₹43.36 | 66.85% | -18.88% | -10.1% | -5.79% | ₹59.60 | ₹22.50 | 0 | 8.23% | Kothari Petrochemicals Limited | NSE | Chemical Manufacturing | ₹10.00 | ₹308.36 | 4.85 | 10.8 | ₹43.92% | ₹20.92 | 250.5% | 35.53% | 13.48% | 21.7% | ₹65.70 | ₹14.15 | 0 | 8.09% | Maheshwari Logistics Limited | NSE | Business Services | ₹10.00 | ₹309.73 | 6.32 | 16.55 | ₹122.42% | ₹46.89 | -9.63% | 4.2% | ₹141.95 | ₹73.30 | 0 | 3.93% | Par Drugs and Chemicals Limited | NSE | Biotechnology & Drugs | ₹10.00 | ₹312.17 | 9.44 | 30.97 | ₹93.79% | ₹33.00 | 868.32% | ₹310.60 | ₹142.90 | 0 | 10.77% | TVS Electronics Limited | NSE & BSE | Storage Media & Peripherals | ₹10.00 | ₹316.12 | 5.38 | 31.49 | ₹56.54% | ₹43.85 | 83.24% | -10.97% | 10.58% | 24.9% | ₹217.00 | ₹89.30 | 0 | 251.61% | Tembo Global Industries Limited | NSE | Industrial Equipment | ₹10.00 | ₹318.66 | 3.07 | 103.46 | ₹66.76% | ₹20.80 | 252.44% | 109.43% | ₹334.55 | ₹116.50 | 0 | 10.24% | Creative Peripherals and Distribution Limited | NSE | Computer Hardware | ₹10.00 | ₹337.39 | 11.42 | 25.22 | ₹194.11% | ₹45.45 | 134.75% | 79.31% | ₹279.45 | ₹83.90 | 0 | 3.79% | Vipul Limited | NSE & BSE | Realty | ₹1.00 | ₹360.55 | -4.2 | 132.95 | ₹22.69 | 132.95% | -17.1% | -19.07% | 11.41% | ₹41.95 | ₹12.55 | 0 | 16.39% | Nandan Denim Limited | NSE & BSE | Textiles | ₹10.00 | ₹363.25 | 2.29 | 32.99 | ₹42.39% | ₹98.03 | 289.69% | 2.02% | -11.4% | 13.14% | ₹89.75 | ₹18.50 | 0 | 3.78% | Linc Pen & Plastics Limited | NSE & BSE | Non-Durable Household Prod. | ₹10.00 | ₹367.57 | 1.9 | 130.34 | ₹41.70% | ₹90.57 | 53.94% | -6.42% | -1.22% | 16.53% | ₹266.75 | ₹139.30 | 0 | 18.22% | Future Supply Chain Solutions Limited | NSE & BSE | Transportation – Logistics | ₹10.00 | ₹374.11 | -39.1 | -0.53 | ₹127.14 | -0.53% | -49.73% | ₹122.00 | ₹58.95 | 0 | 2.56% | Advani Hotels & Resorts (India) Limited | NSE & BSE | Hotels | ₹2.00 | ₹385.24 | -0.74 | 103.54 | ₹9.36 | 103.54% | 18.97% | 8.41% | 9.06% | ₹97.90 | ₹37.95 | 0 | 53.07% | Bannari Amman Spinning Mills Limited | NSE & BSE | Textiles | ₹10.00 | ₹402.67 | 4.14 | 15.07 | ₹40.40% | ₹46.57 | 119.51% | -1.53% | -9.93% | 11.84% | ₹73.58 | ₹26.45 | 0 | 4.02% | Veritas (India) Limited | BSE | Comm.Trading & Distribution | ₹1.00 | ₹407.24 | 47.71 | 3.18 | ₹672.71% | ₹736.15 | 312.21% | 11.66% | 4.3% | -4.06% | 0.12% | 0.18% | Khadim India Limited | NSE & BSE | Footwear | ₹10.00 | ₹421.03 | -8.93 | 114.17 | ₹111.82 | 114.17% | -28.19% | ₹358.00 | ₹100.05 | 0 | 2.83% | Suyog Telematics Limited | BSE | Other Telecom Services | ₹10.00 | ₹424.54 | 27.23 | 15.35 | ₹723.23% | ₹139.26 | 17.75% | 13.07% | 3.32% | 0 | 3.47% | Marathon Nextgen Realty Limited | NSE & BSE | Realty | ₹5.00 | ₹452.87 | 1.78 | 55.36 | ₹51.61% | ₹187.24 | 90.24% | -5.63% | -3.99% | 4.95% | ₹119.80 | ₹42.05 | 0 | 2.44% | Gujarat Sidhee Cement Limited | NSE & BSE | Cement & Cement Products | ₹10.00 | ₹457.04 | 4.23 | 12.23 | ₹41.07% | ₹49.89 | 66.88% | 28.19% | 10.18% | 19.36% | ₹62.55 | ₹27.00 | 0 | 6.88% | Sarla Performance Fibers Limited | NSE & BSE | Textiles | ₹1.00 | ₹464.28 | 4.27 | 13.01 | ₹40.39% | ₹41.26 | 215.91% | 19.85% | -4.41% | 17.7% | ₹58.90 | ₹16.35 | 0 | 12.07% | Aurionpro Solutions Limited | NSE & BSE | IT Software Products | ₹10.00 | ₹486.56 | -49.08 | 176.78 | ₹147.57 | 176.78% | 10.83% | 14.76% | 5.42% | ₹238.00 | ₹67.50 | 0 | 2.77% | MEP Infrastructure Developers Limited | NSE & BSE | Roads & Highways | ₹10.00 | ₹493.47 | -3.41 | 77.56 | ₹5.70 | 77.56% | -15.1% | -9.17% | ₹28.40 | ₹12.65 | 0 | 3.26% | Atul Auto Limited | NSE & BSE | 2/3 Wheelers | ₹5.00 | ₹521.04 | -3.66 | 47.99 | ₹136.63 | 47.99% | -9.73% | -13.2% | 21.22% | ₹250.30 | ₹151.70 | 0 | 7.36% | Vardhman Acrylics Limited | NSE | Chemicals – Plastics & Rubber | ₹10.00 | ₹536.83 | 6.23 | 10.72 | ₹69.13% | ₹49.57 | 129.16% | 18.15% | 5.96% | 22.4% | ₹84.20 | ₹28.15 | 0 | 19.42% | Morganite Crucible (India) Limited | BSE | Other Industrial Goods | ₹5.00 | ₹574.81 | 11.54 | ₹241.14% | ₹182.93 | 15.23% | 4.26% | 23.56% | 17.31% | 0 | 21.1% | Hindustan Media Ventures Limited | NSE & BSE | Publishing | ₹10.00 | ₹575.37 | 4.83 | 16.18 | ₹114.53% | ₹215.14 | 68.5% | -18.61% | -23.52% | -5.2% | ₹106.70 | ₹44.80 | 0 | 2.71% | Munjal Auto Industries Limited | NSE & BSE | Auto Parts & Equipment | ₹2.00 | ₹605.00 | 3.2 | 18.89 | ₹51.86% | ₹31.54 | 11.83% | 1.62% | 2.65% | 13.19% | ₹72.80 | ₹48.60 | 0 | 10.03% | Rane (Madras) Limited | NSE & BSE | Auto Parts & Equipment | ₹10.00 | ₹634.11 | -3.26 | 97.05 | ₹111.51 | 97.05% | -5.66% | -4.24% | 13.32% | ₹494.65 | ₹192.50 | 0 | 140.14% | Pearl Global Industries Limited | NSE & BSE | Other Apparels & Accessories | ₹10.00 | ₹673.95 | 18.68 | 22.97 | ₹212.21% | ₹238.74 | 88.63% | 28.37% | 12.63% | 19.1% | ₹474.70 | ₹155.30 | 0 | 3.22% | Arvind SmartSpaces Limited | NSE & BSE | Realty | ₹10.00 | ₹676.41 | 4.52 | 42.07 | ₹163.77% | ₹83.63 | 128.39% | 19.19% | 16.9% | ₹218.80 | ₹81.30 | 0 | 5.74% | Amines & Plasticizers Limited | BSE | Commodity Chemicals | ₹2.00 | ₹686.65 | 5.95 | 20.96 | ₹89.17% | ₹25.58 | 137.71% | 48.45% | 33.85% | 38.57% | 0.68% | 5.81% | Arihant Superstructures Limited | NSE & BSE | Realty | ₹10.00 | ₹692.11 | 7.55 | 22.28 | ₹93.89% | ₹33.70 | 789.68% | 43.34% | 10.88% | 14.35% | ₹183.90 | ₹17.70 | 0 | 5.29% | Kuantum Papers Limited | NSE & BSE | Paper & Paper Products | ₹1.00 | ₹692.44 | -0.22 | 103.97 | 89.38 | ₹97.09 | 89.38% | 8.79% | 14.54% | 38.12% | ₹103.95 | ₹37.10 | 0 | 2.88% | Mac Charles (India) Limited | BSE | Hotels | ₹10.00 | ₹706.29 | 1.6 | 336.33 | ₹27.54% | ₹59.13 | 139.73% | 25.67% | 1.66% | 15.11% | 0 | 15.53% | Indraprastha Medical Corporation Limited | NSE & BSE | Healthcare Facilities | ₹10.00 | ₹733.82 | 4.69 | 17.08 | ₹45.61% | ₹29.75 | 60.42% | 25.29% | 8.07% | 7.82% | ₹102.50 | ₹47.70 | 0 | 17.21% | Take Solutions Limited | NSE & BSE | Pharmaceuticals | ₹1.00 | ₹764.08 | -14.35 | 20.26 | ₹76.03 | 20.26% | -31.03% | -21.21% | 5.76% | ₹74.60 | ₹39.55 | 0 | 2.75% | Mirza International Limited | NSE & BSE | Footwear | ₹2.00 | ₹772.36 | 3.49 | 18.38 | ₹49.69% | ₹52.96 | 35.59% | -7.17% | -7.35% | 12.29% | ₹69.40 | ₹43.00 | 0 | 14.97% | Dynemic Products Limited | NSE & BSE | Specialty Chemicals | ₹10.00 | ₹786.48 | 26.33 | 26.37 | ₹349.43% | ₹138.02 | 190.06% | 68.43% | 55.67% | 43.09% | ₹769.80 | ₹202.95 | 0 | 5.49% | SML Isuzu Limited | NSE & BSE | Commercial Vehicles | ₹10.00 | ₹886.22 | -79.24 | 62.15 | ₹176.60 | 62.15% | -1.87% | -14.22% | 4.32% | ₹696.85 | ₹365.00 | 0 | 7.4% | Genesys International Corporation Limited | NSE & BSE | IT Software Products | ₹5.00 | ₹917.88 | -8.26 | 179.68 | 520.8 | ₹55.50 | 520.8% | 26% | 24.08% | 4.03% | ₹313.90 | ₹42.05 | 0 | 2.41% | Taj GVK Hotels & Resorts Limited | NSE & BSE | Hotels | ₹2.00 | ₹926.73 | -5.06 | 17.12 | ₹58.54 | 17.12% | -5.14% | 2.62% | 5.32% | ₹154.40 | ₹102.00 | 0 | 4.61% | Sadbhav Engineering Limited | NSE & BSE | Construction & Engineering | ₹1.00 | ₹942.78 | -9.94 | 10.56 | ₹84.24 | 10.56% | -38.76% | -27.5% | -8.13% | ₹96.50 | ₹40.30 | 0 | 27.07% | Ador Welding Limited | NSE & BSE | Other Industrial Goods | ₹10.00 | ₹969.82 | -2.54 | 51.26 | 194 | ₹174.68 | 194% | 24.14% | 21.55% | 17.5% | ₹880.20 | ₹234.20 | 0 | 23.29% | Shri Jagdamba Polymers Limited | BSE | Containers & Packaging | ₹1.00 | ₹994.82 | 57.24 | 19.84 | ₹1,128.92% | ₹151.61 | 269.88% | 65.63% | 90.4% | 0.86% | 0.82% |
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As a result, the majority of cheap stocks that pay dividends investors do not have a long-term perspective on the investment. Aside from investors looking for short-term gains, traders tend to avoid adding penny stocks to their long-term portfolios because of the lack of liquidity in the market. Investors often sell their shares in penny stocks when they discover the company has a fundamental flaw, which is rare.
Do not heed the advice of your friends, any traders you follow, or any cheap stocks that pay dividends with good EPS random recommendations to purchase any ultra-penny stock. Random advice should not be trusted unless it comes from a reliable source. At times, the investor looking to put money into an unnamed business has no idea how the company is doing or what advice it has for its future path, what goals it has or how credible the audited account is.
Conclusion
Volatility and danger abound in the list of cheap dividend stocks world. Investing in cheap dividend stocks has the potential to produce returns with a very low downside risk and to earn substantial money over the long run. As a result, before investing in penny stocks, do your own research and analysis.
Read More
- List of Blue Chip Stocks in India for 2022
- List of Stocks Between 1 to 10 Rupees of 2022
- List of Stocks Between 10 to 50 Rupees of 2022
- List of Stocks Between 100 to 200 Rupees of 2022
- List of Best Stocks for Next 10 Years in 2022
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