Dividend Stocks To Keep An Eye On - November 7th

Key Points

• MarketBeat’s screener highlighted ProShares UltraPro Short QQQ (SQQQ), Chevron, and Pfizer as high-dollar-volume dividend stocks to watch. SQQQ is a leveraged fund seeking three times the inverse of the Nasdaq-100’s daily performance, rather than a conventional operating company.
• Chevron shares closed at $212.66, down $0.27, with trading volume above its average; its market capitalization was about $420 billion.
• Pfizer shares closed at $29.38, down $0.50, and traded about 48.3 million shares—above its average volume. The article notes dividends can be reduced or stopped.

ProShares UltraPro Short QQQ, Chevron, and Pfizer are the three Dividend stocks to watch today, according to MarketBeat's stock screener tool. Dividend stocks are shares of companies that distribute a portion of their profits to shareholders, usually through regular cash payments called dividends. Investors may buy them for income as well as potential share-price growth, but dividends are not guaranteed and can be reduced or stopped. 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.

ProShares UltraPro Short QQQ stock traded down $1.85 on Friday, hitting $47.70. 77,255,212 shares of the stock traded hands, compared to its average volume of 56,033,527. The business's fifty day simple moving average is $37.53 and its 200 day simple moving average is $49.70. ProShares UltraPro Short QQQ has a 1 year low of $31.42 and a 1 year high of $90.71.

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.

Shares of Chevron stock traded down $0.27 during trading on Friday, hitting $212.66. The company's stock had a trading volume of 8,080,978 shares, compared to its average volume of 7,613,494. Chevron has a 52 week low of $146.49 and a 52 week high of $236.48. The company has a market capitalization of $420.17 billion, a PE ratio of 15.56, a P/E/G ratio of 0.54 and a beta of 0.47. The company has a fifty day simple moving average of $214.91 and a two-hundred day simple moving average of $194.40. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.98 and a current ratio of 1.25.

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.

NYSE:PFE traded down $0.50 during mid-day trading on Friday, hitting $29.38. 48,291,518 shares of the company's stock were exchanged, compared to its average volume of 30,697,644. Pfizer has a one year low of $23.62 and a one year high of $31.44. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.27 and a quick ratio of 0.96. The business has a fifty day moving average price of $28.74 and a 200 day moving average price of $26.90. The company has a market cap of $167.46 billion, a PE ratio of 41.97, a P/E/G ratio of 2.08 and a beta of 0.31.

Read Our Latest Research Report on PFE

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