Dividend Stocks Shine Amidst Market Volatility
MarketBeat's stock screener tool has identified seven dividend stocks to watch, including ProShares UltraPro Short QQQ (SQQQ), Home Depot (HD), NIKE (NKE), Chevron (CVX), NextEra Energy (NEE), Medtronic (MDT), and CVS Health (CVS). These companies are known for regularly distributing a portion of their profits to shareholders in the form of cash payments, making them attractive to investors seeking income generation and potential long-term growth.
The stocks were chosen based on their high dollar trading volume over the last several days. ProShares UltraPro Short QQQ is designed to provide daily investment results that correspond to three times the inverse of the daily performance of the NASDAQ-100 Index, while Home Depot operates as a home improvement retailer in the United States and internationally.
NIKE designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. Chevron Corporation engages in the integrated energy and chemicals operations in the United States and internationally, with two main segments: Upstream and Downstream.