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.

Download as spreadsheet Download

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
HUM Humana Inc Options Chain 17.20 17.70 17.45
Profitability Analysis 9.15%
0.07 0.49 0.53 -0.17 236.67 240.00 8/15/2025 Yes 6/27 0.89 0.89 21 0 16 52 None
PWR Quanta Services Inc Options Chain 15.70 17.20 16.45
Profitability Analysis 8.42%
0.04 0.34 0.48 -0.20 365.76 380.00 8/15/2025 Yes 7/01 0.10 0.10 21 0 9 60 None
NXPI NXP Semiconductors NV Options Chain 12.30 13.20 12.75
Profitability Analysis 9.78%
0.06 0.40 0.51 -0.13 212.93 220.00 8/15/2025 Yes 6/25 1.01 1.01 20 0 11 63 None
SYK Stryker Corp Options Chain 11.90 13.50 12.70
Profitability Analysis 6.43%
0.03 0.23 0.50 -0.14 379.16 390.00 8/15/2025 Yes 6/30 0.84 0.84 21 15 7 64 None
CAT Caterpillar Inc Options Chain 11.40 12.55 11.98
Profitability Analysis 6.85%
0.03 0.26 0.45 -0.14 368.25 380.00 8/15/2025 Yes 7/21 1.41 1.51 21 11 12 72 None
LNG Cheniere Energy Inc Options Chain 10.80 11.30 11.05
Profitability Analysis 8.60%
0.05 0.29 0.54 -0.10 231.63 240.00 8/15/2025 No 8/08 0.50 0.50 16 4 8 68 None
HEI Heico Corp Options Chain 9.10 13.00 11.05
Profitability Analysis 3.10%
0.03 0.23 0.52 -0.13 321.20 320.00 8/15/2025 No 7/01 0.11 0.12 11 7 9 59 None
JPM JPMorgan Chase & Company Options Chain 10.55 10.80 10.68
Profitability Analysis 4.59%
0.04 0.23 0.54 -0.10 279.25 280.00 8/15/2025 Yes 7/03 1.40 1.40 21 14 14 78 None
ORCL Oracle Corp Options Chain 8.35 8.75 8.55
Profitability Analysis 6.81%
0.04 0.29 0.54 -0.11 209.76 215.00 8/1/2025 No 7/10 0.50 0.50 21 11 9 52 None
RGLD Royal Gold Inc Options Chain 7.60 8.90 8.25
Profitability Analysis 2.64%
0.05 0.33 0.50 -0.09 183.85 180.00 8/15/2025 No 7/03 0.45 0.45 21 9 16 65 None
WSM Williams-Sonoma Inc Options Chain 7.70 8.70 8.20
Profitability Analysis 6.95%
0.05 0.38 0.49 -0.09 157.89 160.00 8/15/2025 No 7/18 0.66 0.66 21 19 15 68 None
JPM JPMorgan Chase & Company Options Chain 7.95 8.20 8.08
Profitability Analysis 5.45%
0.03 0.23 0.46 -0.09 279.25 285.00 8/15/2025 Yes 7/03 1.40 1.40 21 14 14 78 None
RSG Republic Services Inc Options Chain 6.80 9.30 8.05
Profitability Analysis 2.67%
0.03 0.22 0.55 -0.08 251.91 250.00 8/15/2025 Yes 7/02 0.58 0.58 21 0 11 64 None
LOW Lowe`s Cos. Inc Options Chain 7.75 8.15 7.95
Profitability Analysis 4.83%
0.04 0.24 0.52 -0.07 218.60 220.00 8/15/2025 No 7/23 1.15 1.20 21 39 11 55 None
ORCL Oracle Corp Options Chain 7.80 8.00 7.90
Profitability Analysis 8.89%
0.04 0.29 0.46 -0.10 209.76 220.00 8/15/2025 No 7/10 0.50 0.50 21 11 9 52 None
DRI Darden Restaurants Inc Options Chain 7.20 7.90 7.55
Profitability Analysis 2.81%
0.03 0.21 0.54 -0.07 222.80 220.00 8/15/2025 No 7/10 1.40 1.50 20 4 12 68 None
NUE Nucor Corp Options Chain 6.40 8.20 7.30
Profitability Analysis 7.01%
0.06 0.41 0.55 -0.08 126.02 127.00 8/1/2025 Yes 6/30 0.55 0.55 21 15 16 70 None
STX Seagate Technology Holdings Plc Options Chain 7.10 7.50 7.30
Profitability Analysis 7.33%
0.05 0.40 0.53 -0.09 134.19 136.00 8/1/2025 Yes 6/25 0.72 0.72 20 1 15 65 None
PM Philip Morris International Inc Options Chain 7.10 7.40 7.25
Profitability Analysis 4.15%
0.04 0.27 0.50 -0.07 185.89 185.00 8/15/2025 Yes 6/27 1.35 1.35 20 17 10 68 None
DELL Dell Technologies Inc - Class C Options Chain 6.80 7.00 6.90
Profitability Analysis 6.76%
0.06 0.35 0.55 -0.06 119.36 120.00 8/15/2025 No 7/22 0.53 0.53 14 3 15 64 None
STX Seagate Technology Holdings Plc Options Chain 6.60 7.20 6.90
Profitability Analysis 7.77%
0.05 0.41 0.51 -0.09 134.19 137.00 8/1/2025 Yes 6/25 0.72 0.72 20 1 15 65 None
DGX Quest Diagnostics Inc Options Chain 6.40 7.10 6.75
Profitability Analysis 4.36%
0.04 0.25 0.52 -0.06 179.72 180.00 8/15/2025 Yes 7/07 0.80 0.80 21 13 14 69 None
ZTS Zoetis Inc - Class A Options Chain 6.10 7.30 6.70
Profitability Analysis 5.00%
0.04 0.31 0.49 -0.07 159.24 160.00 8/15/2025 No 7/18 0.50 0.50 21 12 12 50 None
NUE Nucor Corp Options Chain 6.10 6.40 6.25
Profitability Analysis 8.55%
0.05 0.35 0.50 -0.07 126.02 130.00 8/15/2025 Yes 6/30 0.55 0.55 21 15 16 70 None
DELL Dell Technologies Inc - Class C Options Chain 5.15 5.40 5.28
Profitability Analysis 6.24%
0.04 0.35 0.51 -0.07 119.36 121.00 8/1/2025 No 7/22 0.53 0.53 14 3 15 64 None
LEN Lennar Corp - Class A Options Chain 5.00 5.40 5.20
Profitability Analysis 5.49%
0.05 0.34 0.54 -0.06 110.63 111.00 8/1/2025 No 7/03 0.50 0.50 21 1 15 62 None
AVB Avalonbay Communities Inc Options Chain 4.00 5.90 4.95
Profitability Analysis 4.35%
0.02 0.22 0.41 -0.06 207.67 210.00 8/15/2025 No 6/30 1.75 1.75 21 2 12 65 None
MRVL Marvell Technology Inc Options Chain 4.80 5.00 4.90
Profitability Analysis 10.50%
0.07 0.48 0.55 -0.07 72.36 75.00 8/1/2025 No 7/11 0.06 0.06 21 0 7 50 None
LEN Lennar Corp - Class A Options Chain 4.50 4.90 4.70
Profitability Analysis 5.03%
0.04 0.34 0.54 -0.06 110.63 111.00 7/25/2025 No 7/03 0.50 0.50 21 1 15 62 None
ABT Abbott Laboratories Options Chain 3.95 5.00 4.48
Profitability Analysis 7.06%
0.03 0.24 0.53 -0.06 133.63 138.00 8/1/2025 Yes 7/15 0.59 0.59 21 11 17 63 None
MRVL Marvell Technology Inc Options Chain 4.35 4.50 4.43
Profitability Analysis 11.24%
0.06 0.48 0.51 -0.07 72.36 76.00 8/1/2025 No 7/11 0.06 0.06 21 0 7 50 None
RSG Republic Services Inc Options Chain 4.00 4.40 4.20
Profitability Analysis 5.11%
0.02 0.20 0.32 -0.07 251.91 260.00 8/15/2025 Yes 7/02 0.58 0.58 21 0 11 64 None
A Agilent Technologies Inc Options Chain 3.60 4.60 4.10
Profitability Analysis 7.08%
0.03 0.28 0.45 -0.05 116.13 120.00 8/15/2025 No 7/01 0.25 0.25 21 1 12 50 None
ABT Abbott Laboratories Options Chain 3.65 4.40 4.03
Profitability Analysis 8.22%
0.03 0.23 0.47 -0.05 133.63 140.00 8/15/2025 Yes 7/15 0.59 0.59 21 11 17 63 None
DG Dollar General Corp Options Chain 3.80 4.10 3.95
Profitability Analysis 1.59%
0.03 0.26 0.53 -0.05 115.70 113.00 8/1/2025 No 7/08 0.59 0.59 21 1 14 62 None
DG Dollar General Corp Options Chain 3.80 4.10 3.95
Profitability Analysis 1.59%
0.03 0.26 0.53 -0.05 115.70 113.00 8/1/2025 No 7/08 0.59 0.59 21 1 14 62 None
BXP Boston Properties Inc Options Chain 2.90 3.90 3.40
Profitability Analysis 4.78%
0.05 0.32 0.52 -0.03 70.99 70.00 8/15/2025 Yes 6/30 0.98 0.98 21 0 7 60 None
DRI Darden Restaurants Inc Options Chain 3.00 3.70 3.35
Profitability Analysis 5.41%
0.01 0.21 0.32 -0.06 222.80 230.00 8/15/2025 No 7/10 1.40 1.50 20 4 12 68 None
CARR Carrier Global Corp Options Chain 3.10 3.40 3.25
Profitability Analysis 5.13%
0.04 0.29 0.53 -0.03 72.27 72.50 8/15/2025 Yes 7/21 0.23 0.23 21 5 11 58 None
STT State Street Corp Options Chain 2.85 3.10 2.98
Profitability Analysis 7.12%
0.03 0.26 0.42 -0.04 101.51 105.00 8/15/2025 Yes 7/01 0.76 0.76 21 0 16 76 None
ZBH Zimmer Biomet Holdings Inc Options Chain 2.35 3.40 2.88
Profitability Analysis 7.23%
0.03 0.27 0.43 -0.04 91.50 95.00 8/15/2025 Yes 6/26 0.24 0.24 21 0 13 63 None
CSCO Cisco Systems Inc Options Chain 2.65 2.83 2.74
Profitability Analysis 4.36%
0.04 0.25 0.54 -0.02 67.70 67.50 8/15/2025 Yes 7/03 0.41 0.41 21 14 10 67 None
CP Canadian Pacific Kansas City Ltd Options Chain 2.40 2.95 2.68
Profitability Analysis 3.86%
0.03 0.23 0.50 -0.03 79.83 80.00 8/15/2025 Yes 6/27 0.19 0.23 21 0 9 69 None
PNR Pentair plc Options Chain 1.95 2.80 2.38
Profitability Analysis 8.11%
0.02 0.25 0.38 -0.04 99.56 105.00 8/15/2025 Yes 7/18 0.25 0.25 21 5 12 64 None
MDT Medtronic Plc Options Chain 1.14 3.60 2.37
Profitability Analysis 4.44%
0.03 0.26 0.43 -0.03 86.25 87.00 8/1/2025 No 6/27 0.70 0.71 21 11 12 63 None
MDT Medtronic Plc Options Chain 0.17 4.10 2.14
Profitability Analysis 3.01%
0.02 0.20 0.51 -0.03 86.25 86.00 8/1/2025 No 6/27 0.70 0.71 21 11 12 63 None
BXP Boston Properties Inc Options Chain 1.70 2.30 2.00
Profitability Analysis 6.32%
0.03 0.29 0.40 -0.03 70.99 72.50 8/15/2025 Yes 6/30 0.98 0.98 21 0 7 60 None
RY Royal Bank Of Canada Options Chain 1.80 2.15 1.98
Profitability Analysis 4.96%
0.02 0.16 0.34 -0.02 127.21 130.00 8/15/2025 No 7/24 1.48 1.54 21 14 12 79 None
USB U.S. Bancorp. Options Chain 0.95 2.40 1.68
Profitability Analysis 6.26%
0.04 0.29 0.52 -0.03 44.40 45.00 8/1/2025 Yes 6/30 0.50 0.50 21 14 15 68 None
SYY Sysco Corp Options Chain 1.40 1.95 1.68
Profitability Analysis 4.69%
0.02 0.21 0.41 -0.02 76.15 77.50 8/15/2025 Yes 7/03 0.51 0.54 21 9 14 63 None
CM Canadian Imperial Bank Of Commerce Options Chain 1.35 1.95 1.65
Profitability Analysis 4.25%
0.02 0.18 0.52 -0.01 69.66 70.00 8/15/2025 No 6/27 0.97 0.97 21 14 14 77 None
CMCSA Comcast Corp - Class A Options Chain 1.48 1.54 1.51
Profitability Analysis 6.01%
0.04 0.27 0.53 -0.01 34.75 35.00 8/15/2025 Yes 7/02 0.33 0.33 21 5 12 54 None
CSCO Cisco Systems Inc Options Chain 1.30 1.58 1.44
Profitability Analysis 6.13%
0.02 0.24 0.37 -0.02 67.70 70.00 8/15/2025 Yes 7/03 0.41 0.41 21 14 10 67 None
FITB Fifth Third Bancorp Options Chain 1.20 1.40 1.30
Profitability Analysis 4.74%
0.03 0.25 0.46 -0.01 40.74 41.00 8/15/2025 Yes 6/30 0.37 0.37 21 14 10 62 None
SRE Sempra Options Chain 1.20 1.40 1.30
Profitability Analysis 8.12%
0.02 0.24 0.31 -0.02 75.79 80.00 8/15/2025 No 6/26 0.65 0.65 21 14 10 73 None
TD Toronto Dominion Bank Options Chain 1.05 1.20 1.13
Profitability Analysis 4.81%
0.02 0.14 0.41 -0.01 71.25 72.50 8/15/2025 No 7/10 1.05 1.05 21 14 14 77 None
VZ Verizon Communications Inc Options Chain 0.98 1.18 1.08
Profitability Analysis 5.61%
0.03 0.21 0.43 -0.01 42.38 43.00 8/15/2025 Yes 7/10 0.68 0.68 21 20 14 62 None
CMCSA Comcast Corp - Class A Options Chain 0.83 0.93 0.88
Profitability Analysis 7.08%
0.02 0.29 0.39 -0.01 34.75 36.00 8/1/2025 Yes 7/02 0.33 0.33 21 5 12 54 None
KDP Keurig Dr Pepper Inc Options Chain 0.80 0.90 0.85
Profitability Analysis 4.37%
0.02 0.21 0.45 -0.01 33.61 34.00 8/15/2025 Yes 6/27 0.23 0.23 21 4 9 58 None
HST Host Hotels & Resorts Inc Options Chain 0.45 0.80 0.63
Profitability Analysis 6.18%
0.04 0.33 0.43 -0.01 15.85 16.00 8/15/2025 No 6/30 0.20 0.20 17 3 10 60 None
CM Canadian Imperial Bank Of Commerce Options Chain 0.50 0.75 0.63
Profitability Analysis 6.37%
0.01 0.15 0.27 -0.01 69.66 72.50 8/15/2025 No 6/27 0.97 0.97 21 14 14 77 None