Dividend Stocks Gain Momentum Amid Market Volatility
MarketBeat's stock screener tool has identified five dividend stocks to watch in the current market. These companies, ProShares UltraPro Short QQQ (SQQQ), NextEra Energy (NEE), NIKE (NKE), Chevron (CVX), and Sunbelt Rentals Holdings, Inc. Common Stock (SUNB), have seen high trading volumes over the past few days.
The stocks are attractive to investors seeking a combination of ongoing income and potential stock-price appreciation. However, it's essential to note that dividends are not guaranteed and can be reduced or eliminated by companies. ProShares UltraPro Short QQQ is designed to provide daily investment results corresponding to three times the inverse of the NASDAQ-100 Index.
NextEra Energy generates electricity through various clean energy sources, including wind, solar, nuclear, natural gas, and others. The company also develops and operates long-term contracted assets, such as renewable generation facilities and battery storage projects.