Top 5 penny stocks to watch out for in August! Top 5 penny stocks to watch out for in August! With a P/E ratio of 8.35 and a dividend yield of 1.97 per cent Karan Dsij / Tuesday, August 1, 2023 / Article rating: 4.1 We present a list of the top 5 penny stocks to watch in August, each with its unique potential for growth and value.