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 47.55 55.00 51.28
Profitability Analysis 6.28%
0.06 0.42 0.55 -0.50 793.01 790.00 8/29/2025 Yes 8/15 1.50 1.50 21 10 11 65 None
LLY Lilly(Eli) & Company Options Chain 45.05 52.45 48.75
Profitability Analysis 6.59%
0.06 0.42 0.53 -0.50 793.01 795.00 8/29/2025 Yes 8/15 1.50 1.50 21 10 11 65 None
CAT Caterpillar Inc Options Chain 15.60 17.95 16.78
Profitability Analysis 4.28%
0.04 0.27 0.54 -0.17 405.92 405.00 8/29/2025 Yes 7/21 1.41 1.51 21 11 12 70 None
MSFT Microsoft Corporation Options Chain 16.20 17.25 16.73
Profitability Analysis 3.82%
0.03 0.22 0.52 -0.19 503.32 505.00 8/29/2025 Yes 8/21 0.83 0.83 21 20 13 68 None
CAT Caterpillar Inc Options Chain 13.40 15.05 14.23
Profitability Analysis 4.88%
0.03 0.26 0.49 -0.17 405.92 410.00 8/29/2025 Yes 7/21 1.41 1.51 21 11 12 70 None
ROK Rockwell Automation Inc Options Chain 10.90 12.70 11.80
Profitability Analysis 5.84%
0.03 0.33 0.47 -0.23 343.07 350.00 8/15/2025 Yes 8/18 1.31 1.31 21 15 7 60 None
LNG Cheniere Energy Inc Options Chain 8.90 9.90 9.40
Profitability Analysis 4.11%
0.04 0.28 0.54 -0.12 235.23 235.00 8/22/2025 Yes 8/08 0.50 0.50 16 4 8 68 None
AMAT Applied Materials Inc Options Chain 8.75 9.65 9.20
Profitability Analysis 5.93%
0.05 0.33 0.51 -0.11 197.93 200.00 8/29/2025 Yes 8/21 0.46 0.46 21 7 16 70 None
LOW Lowe`s Cos. Inc Options Chain 7.90 10.30 9.10
Profitability Analysis 4.98%
0.04 0.29 0.50 -0.09 224.13 225.00 8/29/2025 Yes 7/23 1.15 1.20 21 39 11 54 None
DELL Dell Technologies Inc - Class C Options Chain 7.85 9.30 8.58
Profitability Analysis 6.52%
0.07 0.43 0.55 -0.08 126.83 126.00 8/29/2025 Yes 7/22 0.53 0.53 14 3 14 61 None
TRGP Targa Resources Corp Options Chain 7.20 9.20 8.20
Profitability Analysis 4.25%
0.05 0.36 0.55 -0.10 171.90 170.00 8/15/2025 Yes 7/31 1.00 1.00 21 3 10 63 None
DELL Dell Technologies Inc - Class C Options Chain 7.60 8.40 8.00
Profitability Analysis 7.64%
0.06 0.46 0.51 -0.08 126.83 128.00 8/29/2025 Yes 7/22 0.53 0.53 14 3 14 61 None
LNG Cheniere Energy Inc Options Chain 6.90 8.80 7.85
Profitability Analysis 5.58%
0.03 0.28 0.45 -0.10 235.23 240.00 8/29/2025 Yes 8/08 0.50 0.50 16 4 8 68 None
WSM Williams-Sonoma Inc Options Chain 7.30 8.20 7.75
Profitability Analysis 4.91%
0.04 0.35 0.52 -0.11 174.82 175.00 8/15/2025 No 7/18 0.66 0.66 21 19 15 64 None
TGT Target Corp Options Chain 6.50 6.65 6.58
Profitability Analysis 6.22%
0.06 0.44 0.55 -0.07 104.24 103.00 8/22/2025 Yes 8/13 1.12 1.14 21 39 14 66 None
ZTS Zoetis Inc - Class A Options Chain 5.90 7.00 6.45
Profitability Analysis 4.51%
0.04 0.31 0.55 -0.10 154.96 155.00 8/15/2025 Yes 7/18 0.50 0.50 21 12 12 59 None
RTX RTX Corp Options Chain 5.75 6.05 5.90
Profitability Analysis 3.89%
0.04 0.26 0.54 -0.05 146.87 146.00 8/29/2025 Yes 8/15 0.68 0.68 21 3 10 64 None
TRGP Targa Resources Corp Options Chain 5.40 6.00 5.70
Profitability Analysis 5.70%
0.03 0.35 0.44 -0.09 171.90 175.00 8/15/2025 Yes 7/31 1.00 1.00 21 3 10 63 None
TGT Target Corp Options Chain 5.55 5.70 5.63
Profitability Analysis 7.22%
0.05 0.44 0.50 -0.07 104.24 105.00 8/22/2025 Yes 8/13 1.12 1.14 21 39 14 66 None
RTX RTX Corp Options Chain 5.15 5.50 5.33
Profitability Analysis 4.18%
0.04 0.25 0.51 -0.05 146.87 147.00 8/29/2025 Yes 8/15 0.68 0.68 21 3 10 64 None
TEL TE Connectivity plc Options Chain 2.90 6.70 4.80
Profitability Analysis 4.74%
0.03 0.26 0.45 -0.09 177.11 180.00 8/15/2025 Yes 8/22 0.71 0.71 21 14 12 66 None
CF CF Industries Holdings Inc Options Chain 4.10 4.80 4.45
Profitability Analysis 4.79%
0.05 0.30 0.53 -0.04 98.24 98.00 8/29/2025 Yes 8/15 0.50 0.50 21 3 13 68 None
ABT Abbott Laboratories Options Chain 3.10 5.80 4.45
Profitability Analysis 3.80%
0.03 0.22 0.53 -0.05 132.02 132.00 8/29/2025 Yes 7/15 0.59 0.59 21 11 17 63 None
TJX TJX Companies Inc Options Chain 3.55 5.30 4.43
Profitability Analysis 3.35%
0.04 0.24 0.55 -0.05 123.71 123.00 8/22/2025 Yes 8/14 0.42 0.42 19 4 11 61 None
TJX TJX Companies Inc Options Chain 3.55 5.30 4.43
Profitability Analysis 3.35%
0.04 0.24 0.55 -0.05 123.71 123.00 8/22/2025 Yes 8/14 0.42 0.42 19 4 11 61 None
PCAR Paccar Inc Options Chain 3.90 4.40 4.15
Profitability Analysis 4.39%
0.04 0.33 0.53 -0.06 97.21 97.00 8/15/2025 Yes 8/14 0.33 0.33 26 4 13 71 None
ABT Abbott Laboratories Options Chain 3.65 4.45 4.05
Profitability Analysis 4.26%
0.03 0.23 0.49 -0.05 132.02 133.00 8/29/2025 Yes 7/15 0.59 0.59 21 11 17 63 None
STZ Constellation Brands Inc - Class A Options Chain 3.70 4.40 4.05
Profitability Analysis 4.58%
0.02 0.25 0.44 -0.08 172.19 175.00 8/15/2025 No 7/30 1.02 1.02 21 10 5 59 None
CF CF Industries Holdings Inc Options Chain 3.60 4.30 3.95
Profitability Analysis 5.30%
0.04 0.29 0.50 -0.04 98.24 99.00 8/29/2025 Yes 8/15 0.50 0.50 21 3 13 68 None
NVT nVent Electric plc Options Chain 3.70 4.00 3.85
Profitability Analysis 5.58%
0.05 0.43 0.52 -0.06 74.87 75.00 8/15/2025 Yes 7/18 0.20 0.20 21 1 12 19 None
CVS CVS Health Corp Options Chain 3.40 3.80 3.60
Profitability Analysis 5.38%
0.06 0.36 0.55 -0.03 64.78 64.00 8/29/2025 Yes 7/22 0.67 0.67 21 3 15 66 None
PG Procter & Gamble Company Options Chain 2.67 4.00 3.34
Profitability Analysis 4.68%
0.02 0.19 0.40 -0.04 157.05 160.00 8/29/2025 Yes 7/18 1.06 1.06 21 39 11 72 None
CL Colgate-Palmolive Company Options Chain 2.65 3.60 3.13
Profitability Analysis 3.43%
0.04 0.23 0.55 -0.03 89.58 89.00 8/22/2025 Yes 7/18 0.52 0.52 21 39 13 63 None
MMC Marsh & McLennan Cos. Inc Options Chain 1.60 4.40 3.00
Profitability Analysis 5.74%
0.01 0.24 0.30 -0.07 211.74 220.00 8/15/2025 Yes 7/24 0.81 0.90 21 15 11 69 None
CVS CVS Health Corp Options Chain 2.90 3.00 2.95
Profitability Analysis 5.92%
0.05 0.34 0.50 -0.03 64.78 65.00 8/29/2025 Yes 7/22 0.67 0.67 21 3 15 66 None
PNR Pentair plc Options Chain 2.10 3.00 2.55
Profitability Analysis 5.34%
0.02 0.28 0.39 -0.05 107.08 110.00 8/15/2025 Yes 7/18 0.25 0.25 21 5 12 64 None
PAYX Paychex Inc Options Chain 2.20 2.80 2.50
Profitability Analysis 3.69%
0.02 0.19 0.41 -0.04 143.29 145.00 8/15/2025 No 7/21 1.08 1.08 21 11 12 62 None
PCAR Paccar Inc Options Chain 2.35 2.65 2.50
Profitability Analysis 5.78%
0.03 0.30 0.41 -0.05 97.21 100.00 8/15/2025 Yes 8/14 0.33 0.33 26 4 13 71 None
MET Metlife Inc Options Chain 2.35 2.55 2.45
Profitability Analysis 3.63%
0.03 0.25 0.52 -0.03 77.70 77.50 8/15/2025 Yes 8/05 0.57 0.57 21 12 20 73 None
CARR Carrier Global Corp Options Chain 2.35 2.50 2.43
Profitability Analysis 4.61%
0.03 0.30 0.47 -0.04 76.62 77.50 8/15/2025 Yes 7/21 0.23 0.23 20 5 10 58 None
CL Colgate-Palmolive Company Options Chain 2.20 2.35 2.28
Profitability Analysis 3.59%
0.03 0.23 0.48 -0.03 89.58 90.00 8/15/2025 Yes 7/18 0.52 0.52 21 39 13 63 None
FCX Freeport-McMoRan Inc Options Chain 1.88 2.29 2.09
Profitability Analysis 6.21%
0.04 0.39 0.49 -0.03 46.36 47.00 8/22/2025 Yes 7/15 0.15 0.15 18 0 11 60 None
JEF Jefferies Financial Group Inc Options Chain 1.30 2.30 1.80
Profitability Analysis 4.59%
0.03 0.26 0.53 -0.04 54.69 55.00 8/15/2025 No 8/18 0.40 0.40 21 1 14 62 None
KR Kroger Company Options Chain 0.75 2.75 1.75
Profitability Analysis 2.15%
0.03 0.15 0.54 -0.02 70.58 70.00 8/29/2025 No 8/15 0.32 0.35 21 18 12 63 None
KR Kroger Company Options Chain 1.25 1.84 1.55
Profitability Analysis 3.29%
0.02 0.18 0.48 -0.03 70.58 71.00 8/22/2025 No 8/15 0.32 0.35 21 18 12 63 None
MET Metlife Inc Options Chain 1.25 1.35 1.30
Profitability Analysis 5.36%
0.02 0.24 0.35 -0.03 77.70 80.00 8/15/2025 Yes 8/05 0.57 0.57 21 12 20 73 None
EQNR Equinor ASA Options Chain 1.00 1.25 1.13
Profitability Analysis 5.17%
0.04 0.30 0.54 -0.02 27.10 27.00 8/15/2025 Yes 8/19 0.37 0.37 33 3 13 65 None
RY Royal Bank Of Canada Options Chain 0.50 1.45 0.98
Profitability Analysis 4.37%
0.01 0.13 0.28 -0.03 131.76 135.00 8/15/2025 No 7/24 1.48 1.54 21 14 12 73 None
NI NiSource Inc Options Chain 0.65 0.90 0.78
Profitability Analysis 3.77%
0.02 0.21 0.43 -0.01 39.57 40.00 8/15/2025 Yes 7/31 0.28 0.28 21 8 9 68 None
GFL GFL Environmental Inc (Sub Voting) Options Chain 0.15 1.40 0.78
Profitability Analysis 17.81%
0.01 0.48 0.19 -0.03 47.36 55.00 8/15/2025 Yes 7/14 0.02 0.02 21 5 8 49 None
EQNR Equinor ASA Options Chain 0.60 0.70 0.65
Profitability Analysis 7.08%
0.02 0.30 0.40 -0.02 27.10 28.00 8/15/2025 Yes 8/19 0.37 0.37 33 3 13 65 None
EPD Enterprise Products Partners L P Options Chain 0.48 0.77 0.63
Profitability Analysis 4.03%
0.02 0.18 0.44 -0.01 31.89 32.00 8/29/2025 Yes 7/31 0.54 0.55 21 27 12 67 None