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Best Penny Stocks with Dividends

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ASE Technology Holding Co (NYSE: ASX)

ASE Technology Holding Co. Ltd. is a leading provider of semiconductor manufacturing services. It provides technological solutions such as wafer probing, IC packaging, materials and electronic manufacturing services.

The semiconductor stock has a market cap of $11 billion and an EPS of $0.31. It has a 52-week low of $3.17 and a 52-week high of $5.7. ASE Technology has an annual dividend yield of $0.14 per share. It has high liquidity and trades more than 837,283 shares per day. ASE Technology generated revenue of $413 billion in 2019.

7.53 -0.185 (-2.4%)
Volume 1.99M Market Cap 16.09B
7.46 - 7.79
3.17 - 9
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Chesapeake Granite Wash (OTC: CHKR)

Chesapeake Granite Wash Trust is a Delaware trust formed by Chesapeake Energy Corporation. It owns certain royalty interests in oil and natural gas wells in Washita County, Oklahoma. Chesapeake Granite Wash Trust also produces oil and natural gas from the Colony Granite Wash Play within the broader Granite Wash formation in the Anadarko Basin.

The oil and natural gas stock has a market cap of $10 million and has an EPS of $0.1360. It has an annual dividend yield of $0.02 per share. Chesapeake Granite Wash Trust trades more than 43,000 shares per day. It generated revenue of $9.8 million in 2019.

0.29 -0.27 (-47.87%)
Volume 11.08K Market Cap 13.74M
-
0.19 - 1
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Banco Santander (NYSE: SAN)

Founded in 1856, Banco Santander S.A. is a global financial services company. It provides various retail and commercial banking products and services to individual, small, medium and large companies worldwide. Banco Santander also provides cash management, payrolls and wealth management services.

The financial services stock has a market cap of $50 billion and an EPS of $0.48. It has a 52-week low of $1.78 and a 52-week high of $4.26. Banco Santander has high liquidity and trades more than 6.6 million shares per day and generated revenue of $45 billion in 2019.

3.50 -0.0337 (-0.95%)
Volume 2.65M Market Cap 60.62B
3.5 - 3.55
1.78 - 3.725
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Whitecap Res (OTC: SPGYF)

Whitecap Resources, Inc. is a clean energy company from Canada. It has a registered corporate office in Calgary, Alberta.

4.69 0.1575 (3.48%)
Volume 24.01K Market Cap 2.80B
4.54164 - 4.71
0.5703 - 4.19
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VEON (NASDAQ: VEON)

VEON is a leading provider of communication and digital services. It serves 212 million subscribers around the world. It owns and operates several brands such as Beeline, Jazz, Kyivstar, Banglalink, DJEZZY, Beeline TV, Toffee and Jazz Cash.

The communication stock has a market cap of $2 billion. It has an annual dividend yield of $0.30 per share. VEON has high liquidity and trades more than 3.2 million shares per day. It generated revenue of $8.8 billion in 2019.

1.77 0 (0%)
Volume 33.05K Market Cap 3.10B
1.75 - 1.77
1.2 - 2.06
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Penny Stocks with Dividends Movers

The data provided below is intended for educational purposes only, we have included the session dates for your reference.

Premarket Penny Stocks with Dividends
Symbol Last Price Change % Change Trade
NNVC 7.33 3.11 73.69% Trade
NOVN 1.9689 0.349 21.53% Trade
SLGG 4.0199 0.7 21.08% Trade
INUV 1.5706 0.261 19.89% Trade
ATXI 6.02 0.84 16.21% Trade
EMAN 5.18 0.66 14.6% Trade
FBIO 4.4 0.52 13.4% Trade
DRTT 2.78 0.31 12.55% Trade
PTE 1.49 0.16 12.03% Trade
GEG 3.8626 0.413 11.95% Trade
Symbol Last Price Change % Change Trade
GSM 3.51 -0.47 -11.81% Trade
HBP 3.5104 -0.42 -10.68% Trade
LXU 4.38 -0.5 -10.25% Trade
LKCO 1.3738 -0.146 -9.62% Trade
MTC 2.76 -0.29 -9.51% Trade
FI 4.9 -0.51 -9.43% Trade
AGRX 2.745 -0.275 -9.11% Trade
ATRS 4.1283 -0.372 -8.26% Trade
CTK 3.86 -0.32 -7.66% Trade
INVO 3.08 -0.25 -7.51% Trade
Market Penny Stocks with Dividends
Symbol Last Price Change % Change Trade
TZA 33.74 29.54 703.33% Trade
NNVC 8.25 4.03 95.49% Trade
GEG 4.75 1.3 37.68% Trade
INUV 1.64 0.33 25.19% Trade
SSKN 2.13 0.4 23.12% Trade
SOS 7.97 1.28 19.13% Trade
AGE 2.55 0.37 16.97% Trade
VISL 3.88 0.56 16.86% Trade
CFMS 1.23 0.17 16.03% Trade
KXIN 4.01 0.51 14.57% Trade
Symbol Last Price Change % Change Trade
GSM 3.62 -0.36 -9.05% Trade
XTNT 3.76 -0.33 -8.07% Trade
TMBR 2.12 -0.17 -7.43% Trade
APEN 5.68 -0.42 -6.89% Trade
BCTX 3.61 -0.24 -6.24% Trade
PHX 3.29 -0.2 -5.74% Trade
CHS 2.41 -0.14 -5.5% Trade
UGP 3.21 -0.17 -5.03% Trade
AGRX 2.87 -0.15 -4.97% Trade
HDSN 1.47 -0.07 -4.55% Trade
After Hours Penny Stocks with Dividends
Symbol Last Price Change % Change Trade
INUV 1.76 0.45 34.35% Trade
SSKN 2.09 0.36 20.8% Trade
SOS 7.92 1.23 18.38% Trade
CCM 4.3 0.63 17.16% Trade
NXTD 2.02 0.21 11.6% Trade
CFMS 1.18 0.12 11.32% Trade
SREV 1.8 0.18 11.11% Trade
KIN 5 0.46 10.13% Trade
ENZ 3.21 0.26 8.81% Trade
LGHL 3.9 0.3 8.33% Trade
Symbol Last Price Change % Change Trade
REPH 3.66 -0.32 -8.05% Trade
BXRX 1.32 -0.11 -7.7% Trade
ARAY 5.05 -0.41 -7.51% Trade
AKER 3.19 -0.2 -5.9% Trade
APEN 5.75 -0.35 -5.74% Trade
SNCR 4.35 -0.26 -5.64% Trade
MYT 4.52 -0.22 -4.65% Trade
ASLN 5.03 -0.22 -4.2% Trade
NVIV 1.17 -0.05 -4.1% Trade
UXIN 1.2 -0.05 -4.01% Trade

Great profits come with great risk. This is especially true when you trade penny stocks of companies with small capitalizations. 

With penny stocks that are generally under $5 per share, you can double your money or lose twice as much as you’ve invested overnight or even on the same day. That’s why niche traders have learned to invest in penny stocks with dividends as an alternative to offset short-term market disruptions while securing their future at the same time.  

Why Penny Stocks with Dividends?

Owing to its illiquidity in the stock market, cashing in on penny stocks despite their improved performance can be a challenge. A diverse penny stock portfolio that offers dividends can be a consolation to your woes till your order gets a chance to be filled. 

Any micro-cap company that provides dividends on its penny stocks is an indication of growth. Unlike medium- and large-cap enterprises that run the risk of diluting the value of each share, startups and nano-cap companies stand to gain stock value over regular dividends. These penny stocks can become a reliable source of income for you as canceling dividends can seriously tarnish the reputation of up-and-coming companies, urging investors to trade penny stocks on a whim. 

Best Online Brokers for Penny Stocks

Before you go looking for the companies and their tickers on the NASDAQ and NYSE, you need to know how to trade penny stocks. If you can’t find any penny stocks on the national stock exchange or NASDAQ, it’s because companies with a stock value below $1 are found on pink sheets or over-the-counter bulletin boards (OTCBB). 

Penny stocks are known to be extremely volatile and can shoot up their value by 100% or more in a matter of minutes. Similarly, it can also crash and drop company stock value in the blink of an eye. 

An online broker can help you identify the best penny stocks to trade. Be aware that some brokers don’t extend the $0 commission rate on unlisted stocks and will apply an additional fee for trading penny stocks. Make sure you ask all the questions listed below before signing up for an online broker. 

Brokerage Criteria for Penny Stocks

  • What is the upper limit on penny stock valuation? Is it $5, $3 or $1?
  • Are there subcharges involved in penny stock trading?
  • Is there a flat-fee on penny stock trades? 
  • Is there a limit on the number of penny stocks traded in a day? 
  • Are there charges for withdrawals? 
  • Can you view the trading history of penny stocks?

Once you are absolutely clear on these criteria, you can select the online broker that is right for you. Benzinga recommends you start your investment journey by trading penny stocks on these top-notch online brokers. 

Commissions
$0
Account Minimum
$0

1. TradeStation

TradeStation is a commission-free online broker that gives you access to over 15,000 penny stocks to trade with. You can either choose to open a TS Select account with a minimum deposit of $2,000 or a TS GO account with a $0 minimum deposit. It is available on desktop, web and mobile. 

Day traders swear by TradeStation’s chart tool as it enables you to pick and trade stocks by directly clicking on the tickers on display. You can subscribe to real-time OTC information and updates with a monthly fee that ranges between $6–$86. The historical record on daily stock data can go back to over 50 years.  

Commissions
$0 when you trade stocks, ETFs, options, and mutual funds online
Account Minimum
$0

2. Firstrade

Firstrade offers you exhaustive pink sheets of over 10,000 OTC stocks that you can trade at a $0 commission rate. You can sign up for a Firstrade account with a $0 minimum deposit. The online brokerage platform features a dedicated filter on the stock screener to help you quickly navigate through thousands of penny stocks.

Speed is everything when it comes to penny stock trading. Firstrade’s proprietary technology has led it to become an industry leader with an average trade execution time of 0.062 seconds. It has an excellent customer support team that you can interact with on email, chat and call to answer any queries you have. Firstrade is also among the few online brokers that give you full-access to Morningstar research tools at no extra cost. 

Commissions
$0 $6.95 for OTC Stocks
Account Minimum
$0

3. TD Ameritrade

TD Ameritrade lets you browse through 10,000 penny stocks and applies a standard commission fee of $6.95 per trade. You can open an account on TD Ameritrade with a $0 minimum deposit. It has a handy stock screen that lets you sort OTC stocks by their historical performances. 

TD Ameritrade comes equipped with a set of powerful research tools called thinkorswim. With it, you can track data on micro-caps and compare historical earnings per share on penny stocks to help you improve your trading tactics.  

4. Interactive Brokers

You can open an account on Interactive Brokers with a $0 minimum deposit. You can trade OTC stocks on Interactive Brokers at a low commission rate of $0.005 per share for IBKR Pro and $0 for IBKR Lite. If you’re planning on regularly buying or selling the bulk of shares listed on the pink sheets, Interactive Brokers Pro can prove to be quite expensive.

On the plus side, Interactive Brokers has a range of tech tools to optimize your trading strategy. Its Trader Workstation software gives you easy access to over 100 order types and algorithms to simplify your trading process. Its Risk Navigator tool helps you limit the risk exposure of your trades in real-time. IB’s SmartRouting tool gives you the best stock price at the time of your order and has been reported to provide traders an average savings of $6.70 per trade.

Penny for Your Trades

Companies listed on national stock exchanges must provide financial information to the SEC about their assets, liabilities and periodic performances. Penny stock companies listed on pink sheets and bulletin boards are not required to share that information with the SEC, therefore any data regarding its business health and growth can be scarce.   

If you are taking your first steps toward investing, penny stocks are not for you. The low cost per stock can seem appealing but are not appropriate for traders with low-risk tolerance. Before you proceed, you should consider taking penny stock courses to help you gain the skills required for successful trading.  

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