5 Penny Stocks that Pay Dividends

4. Enel Chile S.A. (NYSE:ENIC)

Number of Hedge Fund Holders: 7

Dividend Yield (TTM): 10%

Enel Chile S.A. (NYSE:ENIC) is an electric utility company. It generates, transmits, and distributed electricity in Chile. The company had 7,200 megawatts of installed capacity with 109 generation units as of December 31, 2020.

In October, Morgan Stanley’s Miguel Rodrigues initiated coverage of Enel Chile S.A. (NYSE:ENIC) shares with an Overweight rating.

The number of hedge funds holding stakes in Enel Chile S.A. (NYSE:ENIC) in the third quarter of 2021 was seven, with stakes worth $14.5 million.