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.

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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
LLY Lilly(Eli) & Company Options Chain 65.00 73.60 69.30
Profitability Analysis 5.75%
0.06 0.43 0.54 -0.89 1,173.59 1,170.00 8/28/2026 Yes 8/14 1.73 1.73 21 11 9 65 None
LLY Lilly(Eli) & Company Options Chain 60.00 67.00 63.50
Profitability Analysis 5.25%
0.05 0.45 0.54 -1.01 1,173.59 1,170.00 8/21/2026 Yes 8/14 1.73 1.73 21 11 9 65 None
AMAT Applied Materials Inc Options Chain 58.00 63.75 60.88
Profitability Analysis 12.73%
0.11 0.95 0.55 -0.95 564.55 575.00 8/28/2026 Yes 8/20 0.53 0.53 21 8 14 63
Dividend Stock List
GS Goldman Sachs Group Inc Options Chain 45.35 51.70 48.53
Profitability Analysis 4.74%
0.04 0.33 0.54 -0.68 1,087.00 1,085.00 8/28/2026 No 9/01 4.50 5.00 21 14 9 67 None
GS Goldman Sachs Group Inc Options Chain 42.90 48.55 45.73
Profitability Analysis 4.94%
0.04 0.33 0.52 -0.68 1,087.00 1,090.00 8/28/2026 No 9/01 4.50 5.00 21 14 9 67 None
COST Costco Wholesale Corp Options Chain 25.00 27.85 26.43
Profitability Analysis 3.21%
0.03 0.23 0.53 -0.40 928.15 930.00 8/28/2026 No 7/24 1.47 1.47 22 22 15 60 None
COST Costco Wholesale Corp Options Chain 24.40 28.00 26.20
Profitability Analysis 2.64%
0.03 0.23 0.55 -0.41 928.15 925.00 8/21/2026 No 7/24 1.47 1.47 22 22 15 60 None
MSFT Microsoft Corporation Options Chain 23.05 25.30 24.18
Profitability Analysis 6.04%
0.06 0.44 0.55 -0.30 396.15 395.00 8/28/2026 Yes 8/20 0.91 0.91 21 21 15 72 None
ROK Rockwell Automation Inc Options Chain 22.40 24.00 23.20
Profitability Analysis 6.40%
0.05 0.47 0.50 -0.41 464.82 470.00 8/21/2026 Yes 8/17 1.38 1.38 21 16 9 59 None
MSFT Microsoft Corporation Options Chain 20.90 21.90 21.40
Profitability Analysis 6.60%
0.05 0.43 0.52 -0.30 396.15 400.00 8/28/2026 Yes 8/20 0.91 0.91 21 21 15 72 None
GLW Corning Inc Options Chain 17.50 19.45 18.48
Profitability Analysis 11.97%
0.11 0.93 0.55 -0.27 164.12 165.00 8/28/2026 Yes 8/31 0.28 0.28 21 0 8 52 None
QCOM Qualcomm Inc Options Chain 14.75 16.80 15.78
Profitability Analysis 10.49%
0.09 0.72 0.54 -0.22 173.50 175.00 8/28/2026 Yes 9/03 0.92 0.92 21 23 14 72 None
ENTG Entegris Inc Options Chain 13.90 14.60 14.25
Profitability Analysis 14.56%
0.10 1.06 0.51 -0.27 139.10 145.00 8/21/2026 Yes 7/29 0.10 0.10 21 0 9 59 None
NVT nVent Electric plc Options Chain 12.80 14.60 13.70
Profitability Analysis 8.52%
0.09 0.79 0.52 -0.21 160.25 160.00 8/21/2026 Yes 7/24 0.21 0.21 20 2 9 19 None
TEL TE Connectivity plc Options Chain 12.60 14.00 13.30
Profitability Analysis 7.21%
0.06 0.56 0.52 -0.23 209.01 210.00 8/21/2026 Yes 8/21 0.78 0.78 21 15 14 68 None
TRGP Targa Resources Corp Options Chain 10.90 12.70 11.80
Profitability Analysis 4.58%
0.04 0.33 0.55 -0.18 280.22 280.00 8/21/2026 Yes 7/31 1.25 1.25 21 4 12 68 None
NVT nVent Electric plc Options Chain 10.30 12.20 11.25
Profitability Analysis 10.12%
0.07 0.77 0.46 -0.21 160.25 165.00 8/21/2026 Yes 7/24 0.21 0.21 20 2 9 19 None
TMUS T-Mobile US Inc Options Chain 9.50 11.20 10.35
Profitability Analysis 5.61%
0.05 0.40 0.54 -0.13 190.67 190.00 8/28/2026 Yes 8/28 1.02 1.02 12 3 8 67 None
COKE Coca-Cola Consolidated Inc Options Chain 9.10 11.50 10.30
Profitability Analysis 6.78%
0.06 0.52 0.50 -0.17 183.13 185.00 8/21/2026 Yes 7/24 0.25 0.25 22 3 13 51 None
MS Morgan Stanley Options Chain 9.15 10.40 9.78
Profitability Analysis 4.21%
0.05 0.34 0.53 -0.12 216.81 215.00 8/28/2026 No 7/31 1.00 1.15 21 12 12 75 None
TMUS T-Mobile US Inc Options Chain 7.50 10.50 9.00
Profitability Analysis 6.21%
0.05 0.42 0.51 -0.16 190.67 192.50 8/21/2026 Yes 8/28 1.02 1.02 12 3 8 67 None
CF CF Industries Holdings Inc Options Chain 7.60 9.80 8.70
Profitability Analysis 6.23%
0.07 0.46 0.55 -0.11 123.60 122.00 8/21/2026 Yes 8/14 0.50 0.60 21 0 16 72 None
JNJ Johnson & Johnson Options Chain 7.80 9.20 8.50
Profitability Analysis 3.68%
0.03 0.25 0.53 -0.10 250.61 250.00 8/28/2026 No 8/25 1.34 1.34 21 43 8 66 None
TGT Target Corp Options Chain 7.75 8.60 8.18
Profitability Analysis 5.66%
0.06 0.43 0.55 -0.09 138.50 137.00 8/28/2026 Yes 8/12 1.14 1.16 21 40 12 70 None
RTX RTX Corp Options Chain 7.15 8.30 7.73
Profitability Analysis 3.76%
0.04 0.31 0.55 -0.12 193.67 192.50 8/21/2026 Yes 8/14 0.73 0.73 21 4 13 64 None
TRGP Targa Resources Corp Options Chain 6.90 8.50 7.70
Profitability Analysis 6.68%
0.03 0.34 0.41 -0.17 280.22 290.00 8/21/2026 Yes 7/31 1.25 1.25 21 4 12 68 None
MS Morgan Stanley Options Chain 7.00 8.05 7.53
Profitability Analysis 4.32%
0.03 0.34 0.48 -0.13 216.81 217.50 8/21/2026 No 7/31 1.00 1.15 21 12 12 75 None
RTX RTX Corp Options Chain 6.55 8.05 7.30
Profitability Analysis 4.83%
0.04 0.31 0.50 -0.10 193.67 195.00 8/28/2026 Yes 8/14 0.73 0.73 21 4 13 64 None
TGT Target Corp Options Chain 6.85 7.25 7.05
Profitability Analysis 5.57%
0.05 0.44 0.53 -0.11 138.50 138.00 8/21/2026 Yes 8/12 1.14 1.16 21 40 12 70 None
CF CF Industries Holdings Inc Options Chain 6.50 7.40 6.95
Profitability Analysis 8.05%
0.06 0.47 0.46 -0.11 123.60 126.00 8/21/2026 Yes 8/14 0.50 0.60 21 0 16 72 None
JNJ Johnson & Johnson Options Chain 6.35 7.10 6.73
Profitability Analysis 3.97%
0.03 0.25 0.49 -0.13 250.61 252.50 8/21/2026 No 8/25 1.34 1.34 21 43 8 66 None
TJX TJX Companies Inc Options Chain 5.20 6.20 5.70
Profitability Analysis 3.90%
0.04 0.28 0.52 -0.07 155.13 155.00 8/28/2026 Yes 8/13 0.48 0.48 21 5 14 62 None
ALL Allstate Corp (The) Options Chain 3.90 6.90 5.40
Profitability Analysis 5.86%
0.02 0.30 0.38 -0.14 251.74 260.00 8/21/2026 Yes 8/31 1.08 1.08 21 15 19 75 None
PG Procter & Gamble Company Options Chain 4.85 5.70 5.28
Profitability Analysis 3.56%
0.04 0.26 0.54 -0.06 148.10 147.00 8/28/2026 Yes 7/24 1.09 1.09 20 40 10 65 None
RY Royal Bank Of Canada Options Chain 4.70 5.70 5.20
Profitability Analysis 2.88%
0.02 0.20 0.53 -0.07 210.88 210.00 8/21/2026 No 7/27 1.64 1.76 21 15 11 76 None
AEP American Electric Power Company Inc Options Chain 4.00 5.00 4.50
Profitability Analysis 4.12%
0.03 0.24 0.52 -0.05 130.09 130.00 8/21/2026 Yes 8/10 0.95 0.95 21 16 11 75 None
BNY Bank Of New York Mellon Corp Options Chain 3.40 5.50 4.45
Profitability Analysis 3.67%
0.03 0.26 0.48 -0.08 159.23 160.00 8/21/2026 No 7/27 0.53 0.63 21 15 12 71 None
PG Procter & Gamble Company Options Chain 4.05 4.85 4.45
Profitability Analysis 4.35%
0.03 0.27 0.47 -0.06 148.10 149.00 8/28/2026 Yes 7/24 1.09 1.09 20 40 10 65 None
TJX TJX Companies Inc Options Chain 4.00 4.30 4.15
Profitability Analysis 4.51%
0.03 0.29 0.45 -0.09 155.13 157.50 8/21/2026 Yes 8/13 0.48 0.48 21 5 14 62 None
SJM J.M. Smucker Company Options Chain 3.70 4.20 3.95
Profitability Analysis 5.20%
0.03 0.28 0.53 -0.05 114.13 115.00 8/21/2026 No 8/14 1.10 1.12 21 28 7 59 None
BMO Bank of Montreal Options Chain 3.10 4.80 3.95
Profitability Analysis 1.79%
0.02 0.21 0.45 -0.06 182.39 180.00 8/21/2026 No 7/30 1.67 1.71 21 4 11 63 None
GM General Motors Company Options Chain 3.50 3.95 3.73
Profitability Analysis 5.41%
0.05 0.37 0.51 -0.05 79.60 80.00 8/28/2026 Yes 9/04 0.18 0.18 17 3 8 60 None
UNM Unum Group Options Chain 3.60 3.80 3.70
Profitability Analysis 3.76%
0.04 0.38 0.50 -0.05 88.38 87.50 8/21/2026 Yes 7/24 0.46 0.51 21 17 11 60 None
MET Metlife Inc Options Chain 3.30 3.60 3.45
Profitability Analysis 3.40%
0.04 0.29 0.55 -0.04 93.37 92.50 8/21/2026 Yes 8/04 0.59 0.59 21 13 15 61 None
ED Consolidated Edison Inc Options Chain 3.10 3.80 3.45
Profitability Analysis 4.12%
0.03 0.22 0.55 -0.04 109.81 110.00 8/21/2026 Yes 8/19 0.89 0.89 21 40 10 61 None
SO Southern Company Options Chain 2.90 3.30 3.10
Profitability Analysis 3.21%
0.03 0.23 0.55 -0.03 93.85 93.00 8/28/2026 Yes 8/17 0.76 0.76 21 24 7 71 None
HAS Hasbro Inc Options Chain 2.65 3.40 3.03
Profitability Analysis 5.31%
0.03 0.35 0.47 -0.06 89.00 90.00 8/21/2026 Yes 8/19 0.70 0.70 21 0 6 60 None
HIG Hartford Financial Services Group Inc Options Chain 2.20 3.30 2.75
Profitability Analysis 4.49%
0.02 0.23 0.39 -0.06 141.98 145.00 8/21/2026 Yes 9/01 0.60 0.60 21 13 17 73 None
EQT EQT Corp Options Chain 2.36 3.05 2.71
Profitability Analysis 8.73%
0.05 0.29 0.55 -0.02 50.47 52.00 8/28/2026 Yes 8/05 0.17 0.17 19 4 17 72 None
SYF Synchrony Financial Options Chain 2.15 3.00 2.58
Profitability Analysis 4.45%
0.04 0.32 0.50 -0.04 72.21 72.50 8/21/2026 Yes 8/05 0.30 0.34 21 4 16 73 None
SO Southern Company Options Chain 2.40 2.75 2.58
Profitability Analysis 3.72%
0.03 0.23 0.49 -0.03 93.85 94.00 8/28/2026 Yes 8/17 0.76 0.76 21 24 7 71 None
UNM Unum Group Options Chain 2.35 2.70 2.53
Profitability Analysis 5.27%
0.03 0.37 0.39 -0.05 88.38 90.00 8/21/2026 Yes 7/24 0.46 0.51 21 17 11 60 None
BNY Bank Of New York Mellon Corp Options Chain 1.65 3.20 2.43
Profitability Analysis 5.55%
0.01 0.25 0.32 -0.07 159.23 165.00 8/21/2026 No 7/27 0.53 0.63 21 15 12 71 None
IP International Paper Company Options Chain 2.10 2.55 2.33
Profitability Analysis 6.72%
0.06 0.49 0.54 -0.03 36.35 36.00 8/28/2026 Yes 8/14 0.46 0.46 21 0 6 60 None
MET Metlife Inc Options Chain 2.10 2.50 2.30
Profitability Analysis 4.84%
0.02 0.29 0.41 -0.04 93.37 95.00 8/21/2026 Yes 8/04 0.59 0.59 21 13 15 61 None
JEF Jefferies Financial Group Inc Options Chain 2.05 2.50 2.28
Profitability Analysis 6.06%
0.04 0.41 0.47 -0.04 56.74 57.50 8/21/2026 No 8/18 0.40 0.40 21 2 15 67 None
AEP American Electric Power Company Inc Options Chain 1.90 2.40 2.15
Profitability Analysis 6.16%
0.02 0.24 0.31 -0.05 130.09 135.00 8/21/2026 Yes 8/10 0.95 0.95 21 16 11 75 None
KR Kroger Company Options Chain 2.05 2.17 2.11
Profitability Analysis 3.86%
0.04 0.30 0.53 -0.03 57.77 57.50 8/21/2026 No 8/14 0.35 0.39 21 19 10 50 None
CFG Citizens Financial Group Inc Options Chain 1.55 2.50 2.03
Profitability Analysis 4.52%
0.03 0.24 0.44 -0.03 71.75 72.50 8/21/2026 No 7/30 0.46 0.46 21 1 16 77 None
KR Kroger Company Options Chain 1.81 2.19 2.00
Profitability Analysis 4.54%
0.03 0.29 0.50 -0.03 57.77 58.00 8/28/2026 No 8/14 0.35 0.39 21 19 10 50 None
SJM J.M. Smucker Company Options Chain 1.70 2.20 1.95
Profitability Analysis 7.83%
0.02 0.28 0.32 -0.05 114.13 120.00 8/21/2026 No 8/14 1.10 1.12 21 28 7 59 None
IP International Paper Company Options Chain 1.65 2.10 1.88
Profitability Analysis 8.23%
0.05 0.49 0.46 -0.03 36.35 37.00 8/28/2026 Yes 8/14 0.46 0.46 21 0 6 60 None
BMO Bank of Montreal Options Chain 1.45 2.30 1.88
Profitability Analysis 3.40%
0.01 0.19 0.28 -0.05 182.39 185.00 8/21/2026 No 7/30 1.67 1.71 21 4 11 63 None
CSX CSX Corp Options Chain 1.75 1.85 1.80
Profitability Analysis 4.84%
0.04 0.28 0.55 -0.03 49.54 50.00 8/21/2026 Yes 8/31 0.14 0.14 21 21 9 59 None
DUK Duke Energy Corp Options Chain 1.70 1.90 1.80
Profitability Analysis 5.51%
0.01 0.19 0.35 -0.05 125.95 130.00 8/21/2026 Yes 8/14 1.06 1.08 21 18 8 67 None
OKE Oneok Inc Options Chain 1.70 1.80 1.75
Profitability Analysis 6.52%
0.02 0.31 0.33 -0.04 91.83 95.00 8/21/2026 Yes 8/03 1.07 1.07 21 3 10 66 None
EQT EQT Corp Options Chain 1.57 1.69 1.63
Profitability Analysis 10.55%
0.03 0.28 0.39 -0.03 50.47 54.00 8/21/2026 Yes 8/05 0.17 0.17 19 4 17 72 None
RY Royal Bank Of Canada Options Chain 1.40 1.80 1.60
Profitability Analysis 5.92%
0.01 0.20 0.23 -0.05 210.88 220.00 8/21/2026 No 7/27 1.64 1.76 21 15 11 76 None
WEC WEC Energy Group Inc Options Chain 1.05 2.00 1.53
Profitability Analysis 5.06%
0.01 0.21 0.34 -0.04 111.82 115.00 8/21/2026 Yes 8/14 0.95 0.95 21 22 9 71 None
EQNR Equinor ASA Options Chain 1.45 1.55 1.50
Profitability Analysis 11.44%
0.04 0.39 0.47 -0.03 37.59 40.00 8/21/2026 Yes 8/14 0.39 0.39 33 4 10 58 None
NI NiSource Inc Options Chain 1.35 1.60 1.48
Profitability Analysis 3.11%
0.03 0.27 0.53 -0.02 45.37 45.00 8/21/2026 Yes 7/31 0.30 0.30 21 9 8 69 None
ALLY Ally Financial Inc Options Chain 1.00 1.50 1.25
Profitability Analysis 2.52%
0.03 0.30 0.54 -0.02 44.43 44.00 8/21/2026 Yes 7/31 0.30 0.30 21 0 10 65 None
CNP Centerpoint Energy Inc Options Chain 0.65 1.80 1.23
Profitability Analysis 3.39%
0.03 0.24 0.48 -0.02 43.01 43.00 8/21/2026 Yes 8/20 0.23 0.24 21 4 7 57 None
ED Consolidated Edison Inc Options Chain 0.80 1.35 1.08
Profitability Analysis 6.52%
0.01 0.19 0.26 -0.03 109.81 115.00 8/21/2026 Yes 8/19 0.89 0.89 21 40 10 61 None
EPD Enterprise Products Partners L P Options Chain 0.61 1.44 1.03
Profitability Analysis 3.89%
0.03 0.21 0.55 -0.01 38.59 38.50 8/21/2026 Yes 7/31 0.55 0.56 21 28 12 68 None
RF Regions Financial Corp Options Chain 0.80 1.00 0.90
Profitability Analysis 4.48%
0.03 0.26 0.51 -0.02 30.82 31.00 8/21/2026 No 9/01 0.27 0.30 21 13 16 70 None
KEY Keycorp Options Chain 0.65 0.80 0.73
Profitability Analysis 3.97%
0.03 0.24 0.55 -0.01 23.02 23.00 8/21/2026 Yes 9/01 0.20 0.20 21 0 14 68 None
CNP Centerpoint Energy Inc Options Chain 0.35 1.00 0.68
Profitability Analysis 4.44%
0.02 0.22 0.35 -0.02 43.01 44.00 8/21/2026 Yes 8/20 0.23 0.24 21 4 7 57 None