Penny stock companies are either small businesses with little revenue or larger businesses in financial distress, hence they do not pay dividends. However, a small number of penny stocks pay dividends, and investing in dividend-paying penny stocks can help a penny stock portfolios total risk exposure.
Adesh Ventures LLP offloads 1,08,839 equity shares in Steel City Securities at Rs 65.1 per share, while Prasad Y V sells 2,15,300 equity shares in Vishwaraj Sugar Industries at Rs 142.54 per share on the NSE.