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Top Dividend Stocks Worth Watching - March 6th

Chevron logo with Energy background
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Key Points

  • Chevron (CVX), UnitedHealth Group (UNH) and Pfizer (PFE) were highlighted by MarketBeat's screener as the top dividend stocks to watch today, chosen for having the highest dollar trading volume among dividend names in recent days.
  • The three represent different sectors: Chevron is an integrated energy firm (Upstream and Downstream), UnitedHealth is a diversified health-care and services company (UnitedHealthcare/Optum), and Pfizer is a global biopharmaceutical maker of vaccines and treatments.
  • MarketBeat cautions that while dividends can generate income, dividend payments can be reduced or stopped, so these stocks carry the same market and business risks as other equities.
  • MarketBeat previews the top five stocks to own by May 1st.

Chevron, UnitedHealth Group, and Pfizer 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 profits to shareholders as cash (or sometimes extra shares), usually on a quarterly basis. Investors buy them to generate income and potential total return, but dividend payments are set by the company and can be reduced or stopped, so they carry the same market and business risks as other stocks. These companies had the highest dollar trading volume of any Dividend stocks within the last several days.

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

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Read Our Latest Research Report on UNH

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

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