List-of-Cheap-Dividend-Stocks-List-of-Cheap-Dividend-Shares

List of Cheap dividend Stocks of 2022 in India

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%

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.

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