Dividend Stocks To Watch Now - May 7th

Key Points

• MarketBeat's screener highlighted five names with the highest recent dollar trading volume in the Dividend category: SQQQ, TSLL, CVX, PFE, and SHEL.
• Two picks — ProShares UltraPro Short QQQ (SQQQ) and Direxion Daily TSLA Bull 2X (TSLL) — are leveraged/inverse ETFs (seeking −3x NASDAQ‑100 and +2x Tesla exposure, respectively) and behave very differently from typical dividend-paying stocks.
• The other three — Chevron (CVX), Pfizer (PFE), and Shell (SHEL) — are large energy and pharmaceutical companies often held for income, but the article reminds readers that dividend payouts and yields can change and are not guaranteed.

ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, Chevron, Pfizer, and Shell are the five 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 profits to shareholders as cash payments (dividends), typically on a quarterly basis. They appeal to income-oriented investors seeking steady cash flow and potential total return from dividend reinvestment, though payouts and yields 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

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

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

Pfizer (PFE)

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States, Europe, and internationally. The company offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic, migraine, and women's health under the Eliquis, Nurtec ODT/Vydura, Zavzpret, and the Premarin family brands; infectious diseases with unmet medical needs under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and COVID-19 prevention and treatment, and potential future mRNA and antiviral products under the Comirnaty and Paxlovid brands.

Read Our Latest Research Report on PFE

Shell (SHEL)

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.

Read Our Latest Research Report on SHEL

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