Promising Dividend Stocks To Add to Your Watchlist – February 01st

Chevron, AbbVie, Exxon Mobil, ProShares UltraPro Short QQQ, International Paper, United Parcel Service, and Verizon Communications are the seven Dividend stocks to watch today, according to MarketBeat’s stock screener tool. Dividend stocks are shares of companies that distribute a portion of their earnings to shareholders in the form of cash payments at regular intervals. Investors often seek out dividend stocks for their potential to provide a steady income stream in addition to potential capital appreciation. Companies that pay dividends typically have stable and consistent profits. 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.

CVX stock traded down $7.11 during midday trading on Friday, reaching $149.21. 16,725,506 shares of the company’s stock traded hands, compared to its average volume of 6,860,612. Chevron has a 52 week low of $135.37 and a 52 week high of $167.11. The company has a market cap of $268.14 billion, a price-to-earnings ratio of 16.40, a P/E/G ratio of 1.35 and a beta of 1.12. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 0.13. The firm’s fifty day moving average price is $153.19 and its 200-day moving average price is $151.14.

AbbVie (ABBV)

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers.

Shares of ABBV stock traded up $8.25 on Friday, hitting $183.90. The stock had a trading volume of 11,926,469 shares, compared to its average volume of 5,362,292. The company has a debt-to-equity ratio of 9.64, a current ratio of 0.65 and a quick ratio of 0.54. The stock has a market cap of $324.98 billion, a price-to-earnings ratio of 63.85, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58. AbbVie has a 12-month low of $153.58 and a 12-month high of $207.32. The business has a 50 day moving average of $176.57 and a 200 day moving average of $184.95.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Shares of XOM traded down $2.75 on Friday, reaching $106.82. 20,373,958 shares of the company’s stock traded hands, compared to its average volume of 13,650,872. The stock’s 50 day simple moving average is $110.36 and its two-hundred day simple moving average is $115.23. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. Exxon Mobil has a 52-week low of $100.42 and a 52-week high of $126.34. The stock has a market cap of $469.48 billion, a PE ratio of 13.30, a PEG ratio of 2.84 and a beta of 0.91.

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.

SQQQ traded up $0.18 during trading on Friday, hitting $29.03. 73,146,919 shares of the company traded hands, compared to its average volume of 54,893,633. ProShares UltraPro Short QQQ has a one year low of $27.23 and a one year high of $64.95. The stock’s fifty day moving average is $30.10 and its 200 day moving average is $36.45.

International Paper (IP)

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others.

NYSE:IP traded down $1.40 during trading hours on Friday, reaching $55.65. The stock had a trading volume of 36,747,790 shares, compared to its average volume of 4,788,641. International Paper has a 12-month low of $32.70 and a 12-month high of $60.36. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.11 and a current ratio of 1.53. The stock has a 50 day simple moving average of $56.06 and a 200 day simple moving average of $51.62. The stock has a market cap of $19.33 billion, a P/E ratio of 47.56 and a beta of 1.03.

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

Shares of UPS traded down $0.71 during trading hours on Friday, hitting $114.19. The company’s stock had a trading volume of 15,842,034 shares, compared to its average volume of 3,941,251. The business has a 50 day simple moving average of $128.31 and a two-hundred day simple moving average of $130.40. The company has a market cap of $97.45 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.88 and a beta of 1.00. United Parcel Service has a 52-week low of $109.62 and a 52-week high of $158.95. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.14 and a quick ratio of 1.14.

Verizon Communications (VZ)

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

Shares of Verizon Communications stock traded down $0.07 during trading hours on Friday, reaching $39.41. The company had a trading volume of 45,176,702 shares, compared to its average volume of 22,944,896. Verizon Communications has a one year low of $37.58 and a one year high of $45.36. The business has a fifty day simple moving average of $40.61 and a 200 day simple moving average of $41.57. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.63 and a quick ratio of 0.59. The firm has a market cap of $165.88 billion, a PE ratio of 9.52, a price-to-earnings-growth ratio of 4.21 and a beta of 0.46.