Covered Calls With Upcoming Dividends
This report lists what Tim considers to be the best dividend stocks for producing covered call option income with an upcoming ex-dividend date. The idea of this strategy is to collect premium from the covered call, and either have the stock get called away before the ex-dividend date, called away after the ex-dividend date and collect the dividend income, or not be called away at all (and keep all of the premium and dividend income). The criteria for the stocks on this list are that they must have a market cap of $10 billion or greater, have a dividend yield between 2% and 10%, a dividend payout ratio percentage of 90% or less, a liquidity rating of 2 stars or greater, an Algorithm score of 12 or higher, have made at least 10 dividend payments over the last 5 years, and have an upcoming ex-dividend date within the next 45 days. The report is sorted in order of the nearest upcoming dividend date and is intended to find solid dividend stocks that are ideal for selling covered calls on. The report also has direct links to the options chain page for each stock as well.
| Ticker | Company | Options Chain | Bid | Ask | Premium | Return on Investment | Premium to Strike Price Ratio | Implied Volatility | Delta | Theta | Underlying Stock Price | Strike Price | Contract Expiration | Earnings Overlap? | Ex-Dividend Date | Previous Dividend Amount | Current Dividend Amount | 5-Year Dividend Payments Count | Total Years Dividends Increasing | Liquidity Rating | Algorithm Score | Safety Score | Lists |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PWR | Quanta Services Inc | Options Chain | 41.50 | 43.70 | 42.60 |
|
0.08 | 0.51 | 0.55 | -0.44 | 549.98 | 550.00 | 5/15/2026 | Yes | 4/02 | 0.11 | 0.11 | 21 | 1 | 9 | 61 | None | |
| MU | Micron Technology Inc | Options Chain | 34.00 | 34.50 | 34.25 |
|
0.10 | 0.66 | 0.55 | -0.37 | 355.46 | 360.00 | 5/15/2026 | No | 3/30 | 0.12 | 0.15 | 19 | 0 | 18 | 74 | None | |
| INTU | Intuit Inc | Options Chain | 27.50 | 30.70 | 29.10 |
|
0.07 | 0.50 | 0.52 | -0.31 | 416.44 | 420.00 | 5/15/2026 | No | 4/09 | 1.20 | 1.20 | 21 | 12 | 13 | 67 | None | |
| AXP | American Express Company | Options Chain | 18.15 | 19.05 | 18.60 |
|
0.06 | 0.41 | 0.55 | -0.18 | 292.27 | 290.00 | 5/15/2026 | Yes | 4/02 | 0.82 | 0.95 | 21 | 4 | 12 | 70 | None | |
| ROP | Roper Technologies Inc | Options Chain | 14.90 | 20.60 | 17.75 |
|
0.05 | 0.38 | 0.50 | -0.21 | 351.90 | 350.00 | 5/15/2026 | Yes | 4/06 | 0.91 | 0.91 | 21 | 12 | 9 | 63 | None | |
| RGLD | Royal Gold Inc | Options Chain | 16.10 | 17.70 | 16.90 |
|
0.07 | 0.52 | 0.51 | -0.18 | 237.54 | 240.00 | 5/15/2026 | Yes | 4/02 | 0.47 | 0.47 | 21 | 10 | 10 | 70 | None | |
| AXP | American Express Company | Options Chain | 14.35 | 16.55 | 15.45 |
|
0.05 | 0.41 | 0.51 | -0.20 | 292.27 | 295.00 | 5/8/2026 | Yes | 4/02 | 0.82 | 0.95 | 21 | 4 | 12 | 70 | None | |
| APD | Air Products & Chemicals Inc | Options Chain | 14.50 | 15.60 | 15.05 |
|
0.05 | 0.33 | 0.54 | -0.13 | 292.19 | 290.00 | 5/15/2026 | Yes | 4/01 | 1.79 | 1.81 | 21 | 1 | 5 | 64 | None | |
| SYK | Stryker Corp | Options Chain | 13.60 | 15.80 | 14.70 |
|
0.04 | 0.33 | 0.50 | -0.17 | 327.44 | 330.00 | 5/15/2026 | Yes | 3/31 | 0.88 | 0.88 | 21 | 16 | 12 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 12.60 | 14.60 | 13.60 |
|
0.05 | 0.36 | 0.55 | -0.17 | 282.84 | 280.00 | 5/1/2026 | Yes | 4/06 | 1.50 | 1.50 | 21 | 15 | 9 | 79 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 12.95 | 13.60 | 13.28 |
|
0.05 | 0.35 | 0.50 | -0.14 | 282.84 | 285.00 | 5/15/2026 | Yes | 4/06 | 1.50 | 1.50 | 21 | 15 | 9 | 79 | None | |
| STLD | Steel Dynamics Inc | Options Chain | 12.30 | 12.90 | 12.60 |
|
0.07 | 0.48 | 0.55 | -0.12 | 170.97 | 170.00 | 5/15/2026 | Yes | 3/31 | 0.50 | 0.53 | 21 | 13 | 10 | 63 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 11.95 | 12.50 | 12.23 |
|
0.07 | 0.54 | 0.50 | -0.14 | 171.81 | 175.00 | 5/15/2026 | No | 4/21 | 0.53 | 0.63 | 17 | 4 | 14 | 61 | None | |
| WSM | Williams-Sonoma Inc | Options Chain | 10.80 | 12.30 | 11.55 |
|
0.07 | 0.44 | 0.54 | -0.11 | 179.47 | 175.00 | 5/15/2026 | No | 4/17 | 0.66 | 0.76 | 21 | 20 | 11 | 57 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 11.05 | 11.70 | 11.38 |
|
0.05 | 0.34 | 0.53 | -0.11 | 236.05 | 230.00 | 5/15/2026 | No | 4/22 | 1.20 | 1.20 | 21 | 40 | 9 | 63 | None | |
| ACN | Accenture plc - Class A | Options Chain | 10.30 | 11.40 | 10.85 |
|
0.06 | 0.43 | 0.50 | -0.12 | 196.45 | 195.00 | 5/15/2026 | No | 4/09 | 1.63 | 1.63 | 21 | 6 | 14 | 59 | None | |
| ITW | Illinois Tool Works Inc | Options Chain | 9.00 | 11.40 | 10.20 |
|
0.04 | 0.29 | 0.50 | -0.11 | 261.37 | 260.00 | 5/15/2026 | Yes | 3/31 | 1.61 | 1.61 | 21 | 30 | 9 | 57 | None | |
| STLD | Steel Dynamics Inc | Options Chain | 9.90 | 10.40 | 10.15 |
|
0.06 | 0.47 | 0.49 | -0.12 | 170.97 | 175.00 | 5/15/2026 | Yes | 3/31 | 0.50 | 0.53 | 21 | 13 | 10 | 63 | None | |
| APD | Air Products & Chemicals Inc | Options Chain | 8.70 | 10.50 | 9.60 |
|
0.03 | 0.31 | 0.42 | -0.13 | 292.19 | 300.00 | 5/15/2026 | Yes | 4/01 | 1.79 | 1.81 | 21 | 1 | 5 | 64 | None | |
| WSM | Williams-Sonoma Inc | Options Chain | 8.40 | 9.90 | 9.15 |
|
0.05 | 0.44 | 0.46 | -0.11 | 179.47 | 180.00 | 5/15/2026 | No | 4/17 | 0.66 | 0.76 | 21 | 20 | 11 | 57 | None | |
| NUE | Nucor Corp | Options Chain | 8.10 | 9.70 | 8.90 |
|
0.05 | 0.41 | 0.50 | -0.10 | 163.37 | 165.00 | 5/15/2026 | Yes | 3/31 | 0.56 | 0.56 | 21 | 16 | 11 | 66 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 7.10 | 9.70 | 8.40 |
|
0.04 | 0.33 | 0.46 | -0.12 | 236.05 | 235.00 | 5/8/2026 | No | 4/22 | 1.20 | 1.20 | 21 | 40 | 9 | 63 | None | |
| NVT | nVent Electric plc | Options Chain | 7.70 | 9.00 | 8.35 |
|
0.07 | 0.55 | 0.50 | -0.10 | 119.50 | 120.00 | 5/15/2026 | Yes | 4/24 | 0.21 | 0.21 | 21 | 2 | 9 | 59 | None | |
| MRVL | Marvell Technology Inc | Options Chain | 7.70 | 8.15 | 7.93 |
|
0.08 | 0.57 | 0.54 | -0.08 | 98.84 | 95.00 | 5/15/2026 | No | 4/10 | 0.06 | 0.06 | 21 | 0 | 16 | 64 | None | |
| DRI | Darden Restaurants Inc | Options Chain | 6.30 | 7.90 | 7.10 |
|
0.04 | 0.30 | 0.47 | -0.08 | 192.49 | 195.00 | 5/15/2026 | No | 4/10 | 1.50 | 1.50 | 21 | 5 | 9 | 62 | None | |
| MRVL | Marvell Technology Inc | Options Chain | 6.70 | 7.25 | 6.98 |
|
0.07 | 0.56 | 0.55 | -0.09 | 98.84 | 94.00 | 5/1/2026 | No | 4/10 | 0.06 | 0.06 | 21 | 0 | 16 | 64 | None | |
| A | Agilent Technologies Inc | Options Chain | 6.10 | 7.00 | 6.55 |
|
0.06 | 0.38 | 0.55 | -0.07 | 110.24 | 110.00 | 5/15/2026 | No | 3/31 | 0.26 | 0.26 | 21 | 0 | 12 | 60 | None | |
| TOL | Toll Brothers Inc | Options Chain | 5.60 | 6.60 | 6.10 |
|
0.05 | 0.40 | 0.46 | -0.08 | 131.12 | 135.00 | 5/15/2026 | No | 4/10 | 0.25 | 0.26 | 21 | 5 | 11 | 60 | None | |
| TGT | Target Corp | Options Chain | 5.60 | 5.75 | 5.68 |
|
0.05 | 0.34 | 0.51 | -0.06 | 116.80 | 120.00 | 5/15/2026 | No | 5/13 | 1.14 | 1.14 | 21 | 40 | 11 | 57 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 5.10 | 6.10 | 5.60 |
|
0.05 | 0.37 | 0.49 | -0.07 | 113.35 | 115.00 | 5/15/2026 | Yes | 4/20 | 0.53 | 0.53 | 21 | 13 | 11 | 55 | None | |
| STT | State Street Corp | Options Chain | 5.00 | 5.90 | 5.45 |
|
0.04 | 0.37 | 0.46 | -0.06 | 127.02 | 125.00 | 5/15/2026 | Yes | 4/01 | 0.84 | 0.84 | 21 | 1 | 12 | 68 | None | |
| NTR | Nutrien Ltd | Options Chain | 4.80 | 5.10 | 4.95 |
|
0.07 | 0.42 | 0.55 | -0.05 | 75.65 | 75.00 | 5/15/2026 | Yes | 3/31 | 0.55 | 0.55 | 21 | 8 | 11 | 65 | None | |
| PNR | Pentair plc | Options Chain | 4.40 | 5.50 | 4.95 |
|
0.06 | 0.40 | 0.53 | -0.05 | 84.92 | 85.00 | 5/15/2026 | Yes | 4/17 | 0.27 | 0.27 | 21 | 6 | 12 | 64 | None | |
| RY | Royal Bank Of Canada | Options Chain | 2.80 | 6.40 | 4.60 |
|
0.03 | 0.24 | 0.46 | -0.05 | 160.20 | 160.00 | 5/15/2026 | No | 4/23 | 1.64 | 1.64 | 21 | 15 | 11 | 77 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 3.90 | 4.85 | 4.38 |
|
0.08 | 0.56 | 0.54 | -0.05 | 56.40 | 56.00 | 5/8/2026 | Yes | 4/15 | 0.15 | 0.15 | 21 | 0 | 11 | 59 | None | |
| NTAP | Netapp Inc | Options Chain | 3.70 | 5.00 | 4.35 |
|
0.04 | 0.38 | 0.44 | -0.05 | 105.38 | 105.00 | 5/15/2026 | No | 4/02 | 0.52 | 0.52 | 21 | 2 | 14 | 67 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 4.20 | 4.40 | 4.30 |
|
0.05 | 0.38 | 0.52 | -0.04 | 79.92 | 80.00 | 5/15/2026 | Yes | 4/02 | 0.41 | 0.42 | 21 | 15 | 7 | 59 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 3.65 | 4.40 | 4.03 |
|
0.07 | 0.58 | 0.51 | -0.05 | 56.40 | 57.00 | 5/8/2026 | Yes | 4/15 | 0.15 | 0.15 | 21 | 0 | 11 | 59 | None | |
| A | Agilent Technologies Inc | Options Chain | 3.80 | 4.10 | 3.95 |
|
0.03 | 0.36 | 0.41 | -0.06 | 110.24 | 115.00 | 5/15/2026 | No | 3/31 | 0.26 | 0.26 | 21 | 0 | 12 | 60 | None | |
| NTR | Nutrien Ltd | Options Chain | 3.70 | 4.00 | 3.85 |
|
0.05 | 0.43 | 0.46 | -0.05 | 75.65 | 77.50 | 5/15/2026 | Yes | 3/31 | 0.55 | 0.55 | 21 | 8 | 11 | 65 | None | |
| CLX | Clorox Company | Options Chain | 3.50 | 3.90 | 3.70 |
|
0.04 | 0.35 | 0.42 | -0.05 | 102.69 | 105.00 | 5/15/2026 | Yes | 4/22 | 1.24 | 1.24 | 21 | 40 | 13 | 57 | None | |
| APA | APA Corporation | Options Chain | 3.20 | 4.05 | 3.63 |
|
0.08 | 0.60 | 0.54 | -0.04 | 44.39 | 44.00 | 5/8/2026 | Yes | 4/22 | 0.25 | 0.25 | 21 | 0 | 9 | 58 | None | |
| APA | APA Corporation | Options Chain | 3.45 | 3.80 | 3.63 |
|
0.08 | 0.61 | 0.52 | -0.04 | 44.39 | 45.00 | 5/15/2026 | Yes | 4/22 | 0.25 | 0.25 | 21 | 0 | 9 | 58 | None | |
| NYT | New York Times Co. - Class A | Options Chain | 3.30 | 3.60 | 3.45 |
|
0.04 | 0.35 | 0.46 | -0.05 | 83.54 | 85.00 | 5/15/2026 | Yes | 4/01 | 0.18 | 0.23 | 21 | 7 | 12 | 55 | None | |
| EIX | Edison International | Options Chain | 3.10 | 3.40 | 3.25 |
|
0.05 | 0.32 | 0.52 | -0.03 | 70.30 | 70.00 | 5/15/2026 | Yes | 4/07 | 0.88 | 0.88 | 21 | 1 | 15 | 77 | None | |
| BMO | Bank of Montreal | Options Chain | 2.55 | 3.50 | 3.03 |
|
0.02 | 0.25 | 0.39 | -0.04 | 131.76 | 135.00 | 5/15/2026 | No | 4/29 | 1.67 | 1.67 | 21 | 4 | 14 | 74 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 2.63 | 3.20 | 2.92 |
|
0.05 | 0.34 | 0.55 | -0.03 | 58.54 | 58.00 | 5/8/2026 | Yes | 4/02 | 0.63 | 0.63 | 21 | 4 | 15 | 60 | None | |
| SYY | Sysco Corp | Options Chain | 2.65 | 2.95 | 2.80 |
|
0.03 | 0.27 | 0.48 | -0.03 | 83.21 | 82.50 | 5/15/2026 | Yes | 4/02 | 0.54 | 0.54 | 21 | 10 | 10 | 63 | None | |
| TD | Toronto Dominion Bank | Options Chain | 2.60 | 2.85 | 2.73 |
|
0.03 | 0.24 | 0.46 | -0.03 | 92.84 | 92.50 | 5/15/2026 | No | 4/09 | 1.08 | 1.08 | 21 | 15 | 17 | 76 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 2.06 | 2.82 | 2.44 |
|
0.04 | 0.34 | 0.49 | -0.03 | 58.54 | 59.00 | 5/8/2026 | Yes | 4/02 | 0.63 | 0.63 | 21 | 4 | 15 | 60 | None | |
| BNS | Bank Of Nova Scotia | Options Chain | 2.00 | 2.60 | 2.30 |
|
0.03 | 0.24 | 0.51 | -0.02 | 67.71 | 67.50 | 5/15/2026 | No | 4/07 | 1.10 | 1.10 | 21 | 4 | 13 | 65 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.91 | 2.53 | 2.22 |
|
0.04 | 0.35 | 0.50 | -0.03 | 50.85 | 51.00 | 5/8/2026 | Yes | 3/31 | 0.52 | 0.52 | 21 | 15 | 12 | 66 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 1.95 | 2.40 | 2.18 |
|
0.05 | 0.37 | 0.49 | -0.02 | 44.54 | 45.00 | 5/15/2026 | Yes | 3/31 | 0.40 | 0.40 | 21 | 15 | 8 | 64 | None | |
| EIX | Edison International | Options Chain | 1.95 | 2.30 | 2.13 |
|
0.03 | 0.31 | 0.40 | -0.03 | 70.30 | 72.50 | 5/15/2026 | Yes | 4/07 | 0.88 | 0.88 | 21 | 1 | 15 | 77 | None | |
| VZ | Verizon Communications Inc | Options Chain | 2.00 | 2.13 | 2.07 |
|
0.04 | 0.29 | 0.52 | -0.02 | 50.31 | 50.00 | 5/15/2026 | Yes | 4/10 | 0.69 | 0.71 | 21 | 21 | 9 | 74 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 1.35 | 1.95 | 1.65 |
|
0.06 | 0.37 | 0.55 | -0.01 | 28.33 | 28.00 | 5/15/2026 | Yes | 4/01 | 0.33 | 0.33 | 21 | 6 | 10 | 60 | None | |
| BNS | Bank Of Nova Scotia | Options Chain | 0.90 | 1.50 | 1.20 |
|
0.02 | 0.23 | 0.35 | -0.02 | 67.71 | 70.00 | 5/15/2026 | No | 4/07 | 1.10 | 1.10 | 21 | 4 | 13 | 65 | None | |
| ING | ING Groep N.V. | Options Chain | 1.10 | 1.25 | 1.18 |
|
0.05 | 0.41 | 0.46 | -0.01 | 25.12 | 25.00 | 5/15/2026 | Yes | 4/17 | 0.20 | 0.88 | 13 | 3 | 13 | 60 | None | |
| GIS | General Mills Inc | Options Chain | 1.00 | 1.20 | 1.10 |
|
0.03 | 0.32 | 0.39 | -0.01 | 36.45 | 37.50 | 5/15/2026 | No | 4/10 | 0.61 | 0.61 | 21 | 6 | 10 | 61 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.99 | 1.06 | 1.03 |
|
0.02 | 0.28 | 0.32 | -0.02 | 50.31 | 52.50 | 5/15/2026 | Yes | 4/10 | 0.69 | 0.71 | 21 | 21 | 9 | 74 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.72 | 1.28 | 1.00 |
|
0.03 | 0.32 | 0.44 | -0.01 | 28.33 | 29.00 | 5/15/2026 | Yes | 4/01 | 0.33 | 0.33 | 21 | 6 | 10 | 60 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.70 | 0.95 | 0.83 |
|
0.04 | 0.34 | 0.49 | -0.01 | 18.84 | 19.00 | 5/15/2026 | Yes | 3/31 | 0.15 | 0.20 | 21 | 0 | 10 | 51 | None |