Top 10 Penny Stocks that Pay Dividends List

Penny Stocks that Pay Dividends

Investing in penny stocks comes with huge risks of companies going under in a matter of days with investors watching their portfolios turning into dust. Penny stocks that pay dividends represent assets that actually produce monthly income that can be reinvested later into promising penny stocks. Receiving dividends for penny stocks is a great way to grow your portfolio and cut down on penny stock risks.

Just because a penny stock is paying dividends does not meet that it is a good investment. A single company should be evaluated as a whole whether it is a large, mid or a small cap investment and only after careful evaluation a decision should be made whether to invest into these penny stocks that pay dividends.

1. TICC Capital Corp. (TICC)
This business development company yields a stunning 10.9% annual dividend return. TICC operates by borrowing money from financial institutions and later lending the funds to start up technology companies. Former banking investors founded the firm so the guys definitely know what they are doing; however the business is rather risky to speak of.

2. Cheseapeake Granite Wash Trust (CHKR)
This Company offers penny stocks that pay dividends at a shocking annual return of 33.38%. CHKR owns royalty interests in natural gas and crude oil operations in Western Oklahoma. Among its other business ventures are several horizontal development wells across 28K net acres of land in Oklahoma.

3. Sunridge Mississippi Trust II (SDR)
The fund offers very similar 33.36% annual yield play on their profitable penny stocks. This Austin headquartered Company owns a number of royalty interests in oil and natural gas companies in Northern Oklahoma and Southern Kansas.

4. Whiting USA Trust II (WHZ)
The company is currently offering 31.16% in annual yield play and holds interests and loyalty rights in several natural gas and oil producing properties located across the Texas Gulf Basin, Rocky Mountains and Mid-West of the US.

5. Armour Residential REIT (ARR)
These hot penny stocks provide a hefty 15.09% annual yield. The company focuses on holding securities backed by fixed and adjustable rate residential mortgages. Among the other securities these penny stocks that pay dividends are backed up with are unsecured notes and bonds issued by various government entities.

6. Chimera Investment Corp. (CIM)
This Company offers penny stocks that pay dividends at an annual return rate of 11.21%. It owns a real estate investment business that hold residential mortgage backed securities.

7. Brietburn Energy Partners L.P. (BBEP)
These penny stocks that pay dividends come with a bonus of 13.95% annual yield. The company owns and operates several production facilities for natural gas, crude and shale drilling oil across Antrim Shale in Michigan, Oklahoma Panhandle and Texas.

8. Windstream Corp. (WIN)
This penny stock companies list would not be complete without mentioning this corporation that focuses its business endeavors on broadband, voice and communications technology solutions in the rural areas of the US. The company also sells and rents high-speed internet equipment for companies and residential market. It also provides all the parts and accessories for successful broadband operations in the rural USA.

9. Banco Santander (SAN)
This Madrid based financial company trades its stocks that pay dividends on the NYSE and pays its investors annual yields of 7.78%. The company provides financial services to individuals, businesses and institutions. They specialize on personal, auto and home loans and also handle a vast number of investments in real estate and insurance fields.

10. Frontier Communications Corporation (FTR)
One of the technology sector Corporation providing its residential, commercial and wholesale customers with telecommunications, voice, video and Internet services. It also offers its customers data protection services, computer security and cloud sharing. These stocks come with 5.26% annual yield.