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 Last Dividend Amount Current Dividend Amount 5-Year Dividend Payments Count Total Years Dividends Increasing Liquidity Rating Algorithm Score Lists
MSFT Microsoft Corporation Options Chain 19.70 19.95 19.83
Profitability Analysis 4.78%
0.05 0.27 0.55 -0.19 425.27 425.00 9/20 Yes 8/15 0.75 0.75 0 19 14 None
GS Goldman Sachs Group Inc Options Chain 17.65 18.05 17.85
Profitability Analysis 5.93%
0.04 0.23 0.52 -0.17 491.71 500.00 9/20 No 8/30 2.75 3.00 0 12 14 None
MSFT Microsoft Corporation Options Chain 17.10 17.40 17.25
Profitability Analysis 5.34%
0.04 0.27 0.51 -0.18 425.27 430.00 9/20 Yes 8/15 0.75 0.75 0 19 14 None
TT Trane Technologies plc - Class A Options Chain 16.20 17.00 16.60
Profitability Analysis 5.38%
0.05 0.31 0.54 -0.16 329.71 330.00 9/20 Yes 9/06 0.84 0.84 0 3 13 None
AMP Ameriprise Financial Inc Options Chain 14.20 15.00 14.60
Profitability Analysis 3.76%
0.03 0.20 0.53 -0.14 439.54 440.00 9/20 No 8/05 1.48 1.48 0 19 15 None
ETN Eaton Corporation plc Options Chain 14.40 14.80 14.60
Profitability Analysis 7.74%
0.05 0.32 0.51 -0.14 292.88 300.00 9/20 Yes 8/05 0.94 0.94 0 14 11 None
ROK Rockwell Automation Inc Options Chain 13.20 14.20 13.70
Profitability Analysis 6.46%
0.05 0.34 0.51 -0.14 277.04 280.00 9/20 Yes 8/12 1.25 1.25 0 14 13 None
QCOM Qualcomm Inc Options Chain 12.25 12.45 12.35
Profitability Analysis 7.30%
0.07 0.43 0.54 -0.11 180.05 180.00 9/20 Yes 9/05 0.85 0.85 0 21 11 None
WST West Pharmaceutical Services Inc Options Chain 11.70 12.50 12.10
Profitability Analysis 6.16%
0.04 0.30 0.49 -0.14 284.76 290.00 9/20 Yes 7/31 0.20 0.20 0 31 14 None
AMAT Applied Materials Inc Options Chain 11.95 12.15 12.05
Profitability Analysis 7.74%
0.06 0.40 0.50 -0.13 206.47 210.00 9/20 Yes 8/22 0.40 0.40 0 6 14 None
SHW Sherwin-Williams Company Options Chain 10.10 11.70 10.90
Profitability Analysis 3.55%
0.03 0.20 0.54 -0.12 349.22 350.00 9/20 No 8/16 0.71 0.71 0 38 12 None
QCOM Qualcomm Inc Options Chain 9.95 10.15 10.05
Profitability Analysis 8.80%
0.05 0.42 0.48 -0.11 180.05 185.00 9/20 Yes 9/05 0.85 0.85 0 21 11 None
TGT Target Corp Options Chain 7.40 9.15 8.28
Profitability Analysis 5.64%
0.06 0.39 0.54 -0.08 149.00 148.00 9/06 Yes 8/21 1.10 1.12 0 38 15 None
MCD McDonald`s Corp Options Chain 8.00 8.25 8.13
Profitability Analysis 5.08%
0.03 0.23 0.47 -0.08 252.00 255.00 9/20 Yes 9/03 1.67 1.67 0 44 12 None
V Visa Inc - Class A Options Chain 7.95 8.10 8.03
Profitability Analysis 3.50%
0.03 0.18 0.55 -0.08 259.46 260.00 9/20 No 8/09 0.52 0.52 0 16 12 None
VMC Vulcan Materials Company Options Chain 7.70 8.20 7.95
Profitability Analysis 6.38%
0.03 0.26 0.41 -0.09 261.71 270.00 9/20 Yes 8/15 0.46 0.46 0 10 11 None
DHI D.R. Horton Inc Options Chain 7.70 8.10 7.90
Profitability Analysis 8.98%
0.04 0.32 0.49 -0.09 172.70 180.00 9/20 No 8/01 0.30 0.30 0 10 10 None
ODFL Old Dominion Freight Line Inc Options Chain 7.50 7.80 7.65
Profitability Analysis 7.38%
0.04 0.31 0.44 -0.10 202.93 210.00 9/20 Yes 9/04 0.26 0.26 0 7 13 None
FTAI FTAI Aviation Ltd - Class A Options Chain 7.40 7.80 7.60
Profitability Analysis 16.68%
0.07 0.48 0.51 -0.08 105.33 115.00 9/20 No 8/12 0.30 0.30 0 0 8 None
ENTG Entegris Inc Options Chain 7.10 7.70 7.40
Profitability Analysis 11.22%
0.06 0.42 0.49 -0.08 123.63 130.00 9/20 Yes 7/31 0.10 0.10 0 0 7 None
TGT Target Corp Options Chain 7.30 7.45 7.38
Profitability Analysis 6.38%
0.05 0.34 0.50 -0.07 149.00 150.00 9/20 Yes 8/21 1.10 1.12 0 38 15 None
VLO Valero Energy Corp Options Chain 6.95 7.45 7.20
Profitability Analysis 5.75%
0.04 0.30 0.51 -0.07 159.12 160.00 9/20 Yes 8/01 1.07 1.07 0 1 12 None
AON Aon plc. - Class A Options Chain 6.40 6.90 6.65
Profitability Analysis 4.43%
0.02 0.18 0.42 -0.09 323.00 330.00 9/20 Yes 8/01 0.68 0.68 0 12 11 None
JBHT J.B. Hunt Transport Services Inc Options Chain 5.70 6.20 5.95
Profitability Analysis 6.21%
0.03 0.26 0.46 -0.07 170.78 175.00 9/20 No 8/02 0.43 0.43 0 10 11 None
SWK Stanley Black & Decker Inc Options Chain 5.20 5.50 5.35
Profitability Analysis 6.01%
0.06 0.35 0.54 -0.04 95.43 95.00 9/20 Yes 9/03 0.81 0.82 0 38 8 None
IBKR Interactive Brokers Group Inc - Class A Options Chain 4.30 4.60 4.45
Profitability Analysis 5.17%
0.04 0.25 0.51 -0.05 118.57 120.00 9/20 No 8/30 0.25 0.25 0 0 13 None
NRG NRG Energy Inc Options Chain 4.10 4.30 4.20
Profitability Analysis 8.00%
0.06 0.41 0.49 -0.04 73.71 75.00 9/20 Yes 8/01 0.41 0.41 0 4 13 None
SWK Stanley Black & Decker Inc Options Chain 4.00 4.30 4.15
Profitability Analysis 7.38%
0.04 0.34 0.45 -0.04 95.43 97.50 9/20 Yes 9/03 0.81 0.82 0 38 8 None
TRV Travelers Companies Inc Options Chain 3.60 4.00 3.80
Profitability Analysis 5.14%
0.02 0.18 0.38 -0.06 213.85 220.00 9/20 No 9/10 1.05 1.05 0 18 19 None
PCAR Paccar Inc Options Chain 3.50 3.80 3.65
Profitability Analysis 4.75%
0.04 0.24 0.52 -0.04 99.24 100.00 9/20 No 8/15 0.30 0.30 0 3 15 None
SJM J.M. Smucker Company Options Chain 3.50 3.80 3.65
Profitability Analysis 5.53%
0.03 0.24 0.45 -0.04 118.19 120.00 9/20 Yes 8/16 1.06 1.08 0 26 11 None
JBL Jabil Inc Options Chain 3.50 3.80 3.65
Profitability Analysis 7.59%
0.03 0.30 0.41 -0.05 110.35 115.00 9/20 No 8/15 0.08 0.08 0 0 13 None
TRGP Targa Resources Corp Options Chain 3.40 3.70 3.55
Profitability Analysis 5.88%
0.03 0.24 0.42 -0.05 131.57 135.00 9/20 Yes 7/31 0.75 0.75 0 2 13 None
HIG Hartford Financial Services Group Inc Options Chain 3.00 4.00 3.50
Profitability Analysis 11.37%
0.03 0.20 0.51 -0.03 102.33 110.00 9/20 No 9/03 0.47 0.47 0 11 22
Growth Stock List
CF CF Industries Holdings Inc Options Chain 3.40 3.50 3.45
Profitability Analysis 7.40%
0.05 0.29 0.52 -0.03 73.51 75.00 9/20 Yes 8/15 0.50 0.50 0 2 11 None
SBUX Starbucks Corp Options Chain 3.40 3.50 3.45
Profitability Analysis 6.71%
0.05 0.33 0.48 -0.03 74.05 75.00 9/20 Yes 8/16 0.57 0.57 0 14 12 None
SBUX Starbucks Corp Options Chain 3.35 3.50 3.43
Profitability Analysis 5.33%
0.05 0.38 0.52 -0.05 74.05 74.00 8/30 Yes 8/16 0.57 0.57 0 14 12 None
WCN Waste Connections Inc Options Chain 2.75 3.60 3.18
Profitability Analysis 4.44%
0.02 0.17 0.40 -0.05 175.66 180.00 9/20 Yes 8/07 0.28 0.28 0 14 8 None
MS Morgan Stanley Options Chain 3.10 3.20 3.15
Profitability Analysis 4.69%
0.03 0.22 0.47 -0.03 104.19 105.00 9/20 No 7/31 0.85 0.93 0 10 13 None
MS Morgan Stanley Options Chain 2.81 3.25 3.03
Profitability Analysis 3.61%
0.03 0.21 0.51 -0.03 104.19 104.00 9/06 No 7/31 0.85 0.93 0 10 13 None
AOS A.O. Smith Corp Options Chain 2.80 3.00 2.90
Profitability Analysis 4.40%
0.03 0.22 0.51 -0.03 84.50 85.00 9/20 No 7/31 0.32 0.32 0 31 15 None
NEE NextEra Energy Inc Options Chain 2.63 3.05 2.84
Profitability Analysis 4.17%
0.04 0.29 0.54 -0.04 74.26 74.00 8/30 Yes 8/30 0.52 0.52 0 28 12 None
TJX TJX Companies Inc Options Chain 2.58 3.10 2.84
Profitability Analysis 3.92%
0.03 0.22 0.45 -0.04 111.83 113.00 9/06 Yes 8/15 0.38 0.38 0 3 12 None
NEE NextEra Energy Inc Options Chain 2.73 2.78 2.76
Profitability Analysis 5.41%
0.04 0.26 0.48 -0.03 74.26 75.00 9/20 Yes 8/30 0.52 0.52 0 28 12 None
NTRS Northern Trust Corp Options Chain 2.60 2.75 2.68
Profitability Analysis 4.47%
0.03 0.21 0.49 -0.03 89.43 90.00 9/20 No 9/06 0.75 0.75 0 2 13 None
TW Tradeweb Markets Inc Cls A Options Chain 2.05 3.10 2.58
Profitability Analysis 5.47%
0.02 0.22 0.41 -0.03 106.84 110.00 9/20 Yes 9/03 0.10 0.10 0 1 12 None
C Citigroup Inc Options Chain 2.52 2.57 2.55
Profitability Analysis 5.81%
0.04 0.24 0.53 -0.02 64.37 65.00 9/20 No 8/05 0.53 0.56 0 1 14 None
CF CF Industries Holdings Inc Options Chain 2.30 2.65 2.48
Profitability Analysis 7.44%
0.03 0.29 0.45 -0.03 73.51 76.00 9/06 Yes 8/15 0.50 0.50 0 2 11 None
SCHW Charles Schwab Corp Options Chain 2.41 2.45 2.43
Profitability Analysis 5.38%
0.04 0.26 0.48 -0.03 66.60 67.50 9/20 No 8/09 0.25 0.25 0 2 8 None
WFC Wells Fargo & Company Options Chain 2.31 2.35 2.33
Profitability Analysis 3.87%
0.04 0.22 0.55 -0.02 60.39 60.00 9/20 No 8/09 0.35 0.40 0 2 18 None
AEP American Electric Power Company Inc Options Chain 2.15 2.30 2.23
Profitability Analysis 4.31%
0.02 0.18 0.45 -0.02 96.45 97.50 9/20 Yes 8/09 0.88 0.88 0 14 12 None
MAS Masco Corp Options Chain 2.05 2.25 2.15
Profitability Analysis 6.44%
0.03 0.25 0.41 -0.03 77.45 80.00 9/20 Yes 8/02 0.29 0.29 0 10 14 None
OTIS Otis Worldwide Corp Options Chain 2.05 2.20 2.13
Profitability Analysis 4.32%
0.02 0.18 0.44 -0.03 93.48 95.00 9/20 Yes 8/16 0.39 0.39 0 4 13 None
TAP Molson Coors Beverage Company - Class B Options Chain 2.00 2.15 2.08
Profitability Analysis 5.87%
0.04 0.28 0.47 -0.02 54.33 55.00 9/20 Yes 8/30 0.44 0.44 0 3 16 None
ED Consolidated Edison Inc Options Chain 2.00 2.10 2.05
Profitability Analysis 4.65%
0.02 0.17 0.44 -0.02 95.92 97.50 9/20 Yes 8/14 0.83 0.83 0 38 12 None
GM General Motors Company Options Chain 1.98 2.02 2.00
Profitability Analysis 4.51%
0.05 0.27 0.55 -0.02 44.13 44.00 9/20 No 9/06 0.12 0.12 0 1 17 None
JEF Jefferies Financial Group Inc Options Chain 1.95 2.05 2.00
Profitability Analysis 6.49%
0.03 0.25 0.48 -0.02 56.20 57.50 9/20 No 8/19 0.30 0.35 0 0 13 None
OXY Occidental Petroleum Corp Options Chain 1.79 2.07 1.93
Profitability Analysis 4.31%
0.03 0.23 0.53 -0.03 60.54 61.00 9/06 Yes 9/10 0.22 0.22 0 2 10 None
NEM Newmont Corp Options Chain 1.89 1.95 1.92
Profitability Analysis 6.29%
0.04 0.30 0.48 -0.02 46.73 47.50 9/20 Yes 9/05 0.25 0.25 0 0 7 None
ALLY Ally Financial Inc Options Chain 1.85 1.95 1.90
Profitability Analysis 5.02%
0.04 0.27 0.53 -0.02 43.99 44.00 9/20 No 8/01 0.30 0.30 0 0 9 None
TSN Tyson Foods Inc - Class A Options Chain 1.80 1.95 1.88
Profitability Analysis 6.33%
0.03 0.26 0.43 -0.02 61.01 62.50 9/20 Yes 8/30 0.49 0.49 0 12 12 None
KR Kroger Company Options Chain 1.83 1.87 1.85
Profitability Analysis 7.24%
0.03 0.25 0.48 -0.02 53.31 55.00 9/20 Yes 8/15 0.29 0.32 0 17 10 None
KR Kroger Company Options Chain 1.39 2.04 1.72
Profitability Analysis 5.12%
0.03 0.25 0.53 -0.02 53.31 54.00 8/30 No 8/15 0.29 0.32 0 17 10 None
WEC WEC Energy Group Inc Options Chain 1.65 1.75 1.70
Profitability Analysis 4.54%
0.02 0.18 0.42 -0.02 83.73 85.00 9/20 Yes 8/14 0.83 0.83 0 8 10 None
SLB SLB Options Chain 1.53 1.78 1.66
Profitability Analysis 4.31%
0.03 0.26 0.53 -0.02 48.83 49.00 8/30 No 9/04 0.28 0.28 0 2 14 None
C Citigroup Inc Options Chain 1.48 1.84 1.66
Profitability Analysis 5.98%
0.03 0.24 0.45 -0.02 64.37 66.00 9/06 No 8/05 0.53 0.56 0 1 14 None
PEG Public Service Enterprise Group Inc Options Chain 1.50 1.70 1.60
Profitability Analysis 4.85%
0.02 0.19 0.41 -0.02 76.01 77.50 9/20 Yes 9/09 0.60 0.60 0 12 11 None
TFC Truist Financial Corporation Options Chain 1.32 1.67 1.50
Profitability Analysis 3.60%
0.03 0.26 0.54 -0.01 44.42 44.00 8/30 No 8/09 0.52 0.52 0 9 7 None
GM General Motors Company Options Chain 1.47 1.52 1.50
Profitability Analysis 5.64%
0.03 0.26 0.46 -0.02 44.13 45.00 9/20 No 9/06 0.12 0.12 0 1 17 None
WFC Wells Fargo & Company Options Chain 1.35 1.56 1.46
Profitability Analysis 4.09%
0.02 0.21 0.45 -0.02 60.39 61.00 9/06 No 8/09 0.35 0.40 0 2 18 None
CCK Crown Holdings Inc Options Chain 1.35 1.55 1.45
Profitability Analysis 8.01%
0.02 0.22 0.32 -0.03 84.90 90.00 9/20 No 8/15 0.25 0.25 0 2 11 None
TFC Truist Financial Corporation Options Chain 1.34 1.40 1.37
Profitability Analysis 5.56%
0.03 0.24 0.45 -0.01 44.42 45.00 9/20 No 8/09 0.52 0.52 0 9 7 None
BAX Baxter International Inc Options Chain 1.10 1.55 1.33
Profitability Analysis 5.94%
0.04 0.27 0.52 -0.03 35.51 36.00 9/06 Yes 8/30 0.29 0.29 0 7 9 None
BAC Bank Of America Corp Options Chain 1.30 1.33 1.32
Profitability Analysis 4.58%
0.03 0.22 0.49 -0.01 41.67 42.00 9/20 No 9/06 0.24 0.26 0 10 12 None
BKR Baker Hughes Co - Class A Options Chain 1.25 1.35 1.30
Profitability Analysis 4.94%
0.03 0.24 0.49 -0.01 37.65 38.00 9/20 No 8/06 0.21 0.21 0 2 15 None
EQT EQT Corp Options Chain 1.27 1.32 1.30
Profitability Analysis 6.04%
0.04 0.29 0.46 -0.01 34.38 35.00 9/20 No 8/07 0.16 0.16 0 2 7 None
PFG Principal Financial Group Inc Options Chain 1.15 1.35 1.25
Profitability Analysis 6.67%
0.01 0.19 0.31 -0.02 81.53 85.00 9/20 Yes 9/05 0.71 0.72 0 15 14 None
CSX CSX Corp Options Chain 1.10 1.20 1.15
Profitability Analysis 7.95%
0.03 0.25 0.46 -0.01 33.60 35.00 9/20 Yes 8/30 0.12 0.12 0 19 10 None
CFG Citizens Financial Group Inc Options Chain 1.00 1.10 1.05
Profitability Analysis 7.47%
0.02 0.27 0.36 -0.01 43.24 45.00 9/20 No 7/31 0.42 0.42 0 2 11 None
ROL Rollins Inc Options Chain 0.75 1.05 0.90
Profitability Analysis 5.70%
0.02 0.19 0.39 -0.01 45.93 47.50 9/20 Yes 8/12 0.15 0.15 0 3 9 None
SYF Synchrony Financial Options Chain 0.75 0.85 0.80
Profitability Analysis 10.38%
0.01 0.28 0.27 -0.02 50.78 55.00 9/20 No 8/05 0.25 0.25 0 2 16 None
RF Regions Financial Corp Options Chain 0.70 0.80 0.75
Profitability Analysis 5.45%
0.03 0.25 0.47 -0.01 22.76 23.00 9/20 No 9/03 0.24 0.25 0 11 14 None
WBA Walgreens Boots Alliance Inc Options Chain 0.51 0.53 0.52
Profitability Analysis 12.27%
0.04 0.46 0.38 -0.01 11.82 12.50 9/20 No 8/21 0.25 0.25 0 20 6 None