Top Dividend Stocks to Consider - March 6th

As of March 6th, three dividend stocks are drawing attention: ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, and Exxon Mobil. According to stock screening tools, these companies are noteworthy for their consistent dividend payouts and trading volumes. Dividend stocks represent ownership in firms that distribute a portion of their profits to shareholders at regular intervals, typically quarterly. This payment system offers investors a reliable source of income while also allowing for potential capital appreciation. Investors often look for these stocks for stability and long-term growth.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ is designed to deliver daily investment results that correspond to three times the inverse of the daily performance of the NASDAQ-100 Index. This index encompasses 100 of the largest non-financial companies listed on the NASDAQ.

On Thursday, SQQQ's stock price rose by $2.62, reaching $35.13. Its trading volume was 78,777,235 shares, surpassing the average of 62,034,059. In the past year, SQQQ achieved a low of $26.21 and a high of $64.95. Its fifty-day simple moving average stands at $29.49, while the two-hundred day average is $33.78.

Direxion Daily TSLA Bull 2X Shares (TSLL)

On the same day, Direxion Daily TSLA Bull 2X Shares saw a decrease, trading down $1.44 to $10.69. The volume for this dividend stock was 113,676,202 shares, well above its 54,928,566 average volume. TSLL has a market cap of $2.07 billion, a PE ratio of 38.91, and a beta value of -5.14. Its fifty-day moving average is $23.34, while the 200-day average is $18.92. Over the past year, this stock hit a low of $4.94 and a high of $41.50.

Exxon Mobil (XOM)

Exxon Mobil Corporation is a key player in the energy sector, involved in exploring and producing crude oil and natural gas both in the U.S. and internationally. The firm operates through various segments, including Upstream, Energy Products, Chemical Products, and Specialty Products.

On Thursday, Exxon Mobil's stock price increased by $2.08, reaching $107.52. It had a trading volume of 9,193,600 shares compared to an average of 14,947,453. The company's market capitalization is $466.55 billion, with a price-to-earnings ratio of 13.71 and a PEG ratio of 3.02. Exxon Mobil's 52-week low is $103.67 and its high is $126.34. The stock also has a current ratio of 1.31, a quick ratio of 0.97, and a debt-to-equity ratio of 0.14.

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