Dividend Stocks To Keep An Eye On - May 4th

Key Points

• MarketBeat flagged SQQQ, UPS, CVX, NKE, and TSLL as the five "Dividend stocks to watch" after they posted the highest dollar trading volume among dividend stocks in recent days.
• SQQQ is a leveraged ETF that seeks daily results equal to three times the inverse of the NASDAQ‑100 (commonly used as a bearish hedge), while TSLL is a 2x leveraged bullish play on Tesla—both behave very differently from traditional dividend equities.
• The piece reminds investors that dividends can provide ongoing cash flow and signal stability but are not guaranteed, and these selections were based on trading activity rather than dividend yield or company fundamentals.

ProShares UltraPro Short QQQ, United Parcel Service, Chevron, NIKE, and Direxion Daily TSLA Bull 2X Shares are the five Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that regularly return a portion of their profits to shareholders, typically as cash payments called dividends. They appeal to income-oriented investors because they provide ongoing cash flow and can signal a company’s financial stability, though dividend amounts can change and are not guaranteed. 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

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

Read Our Latest Research Report on UPS

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

NIKE (NKE)

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

Read Our Latest Research Report on NKE

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

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