Browsing: dividend

Steppe Cement (LSE:STCM) is a penny stock currently generating significant momentum alongside an above-average dividend yield. Over the past month, the share price has climbed 65%, bringing its one-year total return to 103%. Looking back over two years, the stock has surged from 13p to 35p, representing a 170% gain.

When seeking passive income, investors frequently prioritize dividend yields. This approach is logical, as the yield provides a quick snapshot of the annual income a share might produce relative to its current market price.