Top Dividend Stocks To Follow Now - August 28th

Key Points

• MarketBeat identified seven dividend-related stocks and funds to watch: ProShares UltraPro Short QQQ (SQQQ), Sunbelt Rentals (SUNB), Nike (NKE), Shell (SHEL), Direxion Daily TSLA Bull 2X Shares (TSLL), Chevron (CVX), and DICK’S Sporting Goods (DKS).
• The selections were based on having the highest recent dollar trading volume among dividend stocks tracked by MarketBeat’s screener, though the list also includes leveraged and inverse ETFs.
• The companies span equipment rentals, athletic apparel, energy, and retail, while SQQQ and TSLL provide leveraged exposure to the Nasdaq-100 and Tesla, respectively, rather than representing traditional dividend-focused investments.

ProShares UltraPro Short QQQ, Sunbelt Rentals Holdings, Inc. Common Stock, NIKE, Shell, Direxion Daily TSLA Bull 2X Shares, Chevron, and DICK'S Sporting Goods are the seven 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, typically in the form of cash payments called dividends. Investors may seek them for income generation, as well as the potential for long-term share-price appreciation. 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

Sunbelt Rentals Holdings, Inc. Common Stock (SUNB)

Sunbelt Rentals Holdings, Inc., together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, structures and fencing, trench shoring, and lifting solutions.

Read Our Latest Research Report on SUNB

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

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

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

DICK'S Sporting Goods (DKS)

Read Our Latest Research Report on DKS

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