Dividend Stocks To Keep An Eye On - April 18th

Key Points

• MarketBeat's screener flagged ProShares UltraPro Short QQQ (SQQQ), Chevron (CVX), and Direxion Daily TSLA Bull 2X Shares (TSLL) as the Dividend stocks with the highest dollar trading volume over the past several days.
• SQQQ seeks daily results equal to three times the inverse of the NASDAQ-100, making it a high-risk, short-term hedging tool rather than a buy-and-hold dividend investment.
• Chevron (CVX) is highlighted as the traditional dividend play — an integrated energy and chemicals company with upstream and downstream operations, LNG and pipeline activities, and growing work on carbon capture.

ProShares UltraPro Short QQQ, Chevron, and Direxion Daily TSLA Bull 2X Shares are the three Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that regularly distribute a portion of their earnings to shareholders as dividends, typically paid in cash or sometimes in additional shares. Investors often favor dividend stocks for steady income and potential dividend growth, with many such stocks coming from established firms with stable cash flows and predictable payout policies. These companies had the highest dollar trading volume of any Dividend stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Read Our Latest Research Report on SQQQ

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Read Our Latest Research Report on CVX

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

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