2 Dividend Penny Stocks That Don’t Suck

Penny stocks are generally a tax on people who can’t do math.

However, there are some penny stocks that don’t suck. These are profitable companies that reward their shareholders with regular dividends.

Today’s article will cover two of these businesses.

1. Armanino Foods of Distinction ($AMNF)

Armanino Foods of Distinction is a micro-cap regional pasta maker.

The company has been in business for over 50 years. They produce sauces, meatballs, ravioli, tortellini, and parmesan cheese.

This is a simple business that’s very lucrative.

In fact, Armanino Foods of Distinction recently reported that it “continued its streak of being profitable on a year-to-date basis for the 75th quarter in a row.”

This spring, the company also hiked their dividend by 9%.

Source — Seeking Alpha