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
UNH Unitedhealth Group Inc Options Chain 23.25 25.10 24.18
Profitability Analysis 4.33%
0.04 0.25 0.55 -0.26 595.49 595.00 10/25 Yes 9/16 2.10 2.10 0 14 8 None
UNH Unitedhealth Group Inc Options Chain 20.65 23.30 21.98
Profitability Analysis 4.80%
0.04 0.25 0.52 -0.25 595.49 600.00 10/25 Yes 9/16 2.10 2.10 0 14 8 None
DE Deere & Company Options Chain 13.25 15.95 14.60
Profitability Analysis 3.23%
0.04 0.23 0.55 -0.15 383.69 380.00 10/25 No 9/30 1.47 1.47 0 3 13 None
NXPI NXP Semiconductors NV Options Chain 13.10 15.90 14.50
Profitability Analysis 1.71%
0.06 0.41 0.55 -0.14 236.46 225.00 10/25 No 9/12 1.01 1.01 0 6 13 None
FDX Fedex Corp Options Chain 13.15 15.30 14.23
Profitability Analysis 3.61%
0.05 0.37 0.55 -0.18 285.31 280.00 10/11 Yes 9/09 1.38 1.38 0 3 13 None
FDX Fedex Corp Options Chain 12.85 14.75 13.80
Profitability Analysis 5.21%
0.05 0.35 0.51 -0.15 285.31 285.00 10/25 Yes 9/09 1.38 1.38 0 3 13 None
HCA HCA Healthcare Inc Options Chain 12.30 13.20 12.75
Profitability Analysis 1.42%
0.03 0.24 0.52 -0.18 397.75 390.00 10/18 No 9/16 0.66 0.66 0 3 10 None
DE Deere & Company Options Chain 9.50 13.50 11.50
Profitability Analysis 3.72%
0.03 0.22 0.49 -0.14 383.69 385.00 10/25 No 9/30 1.47 1.47 0 3 13 None
PWR Quanta Services Inc Options Chain 11.20 11.70 11.45
Profitability Analysis 4.04%
0.05 0.35 0.51 -0.16 251.39 250.00 10/18 No 10/01 0.09 0.09 0 0 11 None
NXPI NXP Semiconductors NV Options Chain 10.80 11.20 11.00
Profitability Analysis 2.35%
0.05 0.41 0.48 -0.15 236.46 230.00 10/18 No 9/12 1.01 1.01 0 6 13 None
DKS Dicks Sporting Goods Inc Options Chain 9.70 11.00 10.35
Profitability Analysis 3.08%
0.05 0.36 0.50 -0.12 214.83 210.00 10/25 No 9/20 1.10 1.10 0 9 14 None
SYK Stryker Corp Options Chain 9.70 10.40 10.05
Profitability Analysis 3.59%
0.03 0.20 0.52 -0.13 358.00 360.00 10/18 No 9/30 0.80 0.80 0 14 13 None
TSM Taiwan Semiconductor Manufacturing Options Chain 9.00 9.50 9.25
Profitability Analysis 3.77%
0.06 0.45 0.50 -0.11 163.70 160.00 10/25 Yes 9/12 0.62 0.62 0 1 22
Dividend Stock List
NVDA NVIDIA Corp Options Chain 8.40 9.00 8.70
Profitability Analysis 5.04%
0.08 0.55 0.55 -0.09 106.35 103.00 10/25 No 9/12 0.01 0.01 0 0 16 None
PGR Progressive Corp Options Chain 8.50 8.90 8.70
Profitability Analysis 3.11%
0.03 0.26 0.52 -0.12 251.00 250.00 10/18 No 10/03 0.10 0.10 0 0 13 None
LOW Lowe`s Cos. Inc Options Chain 8.20 9.10 8.65
Profitability Analysis 4.38%
0.04 0.24 0.52 -0.10 244.11 245.00 10/25 No 10/23 1.15 1.15 0 38 12 None
APD Air Products & Chemicals Inc Options Chain 6.80 7.20 7.00
Profitability Analysis 3.74%
0.03 0.21 0.48 -0.09 268.71 270.00 10/18 No 10/01 1.77 1.77 0 39 12 None
CB Chubb Ltd Options Chain 6.60 6.90 6.75
Profitability Analysis 3.60%
0.02 0.20 0.48 -0.10 287.33 290.00 10/18 No 9/13 0.91 0.91 0 8 18 None
VST Vistra Corp Options Chain 5.40 5.80 5.60
Profitability Analysis 5.26%
0.08 0.52 0.54 -0.06 75.83 74.00 10/25 No 9/20 0.22 0.22 0 5 10 None
GRMN Garmin Ltd Options Chain 5.30 5.60 5.45
Profitability Analysis 3.00%
0.03 0.21 0.53 -0.06 180.78 180.00 10/18 No 9/12 0.75 0.75 0 6 18
Dividend Stock List
TRV Travelers Companies Inc Options Chain 4.30 4.80 4.55
Profitability Analysis 5.93%
0.02 0.21 0.40 -0.08 231.85 240.00 10/18 Yes 9/10 1.05 1.05 0 18 18 None
EOG EOG Resources Inc Options Chain 4.40 4.60 4.50
Profitability Analysis 3.18%
0.04 0.26 0.54 -0.05 121.55 120.00 10/18 No 10/17 0.91 0.91 0 6 17
Dividend Stock List
MRK Merck & Co Inc Options Chain 3.30 5.50 4.40
Profitability Analysis 4.02%
0.04 0.27 0.50 -0.04 118.41 118.00 10/25 No 9/16 0.77 0.77 0 13 14 None
ICE Intercontinental Exchange Inc Options Chain 4.20 4.40 4.30
Profitability Analysis 1.32%
0.03 0.18 0.55 -0.05 162.60 160.00 10/18 No 9/13 0.45 0.45 0 11 8 None
DG Dollar General Corp Options Chain 4.00 4.50 4.25
Profitability Analysis 9.24%
0.05 0.36 0.52 -0.05 80.41 83.00 10/25 No 10/08 0.59 0.59 0 0 12 None
EOG EOG Resources Inc Options Chain 3.90 4.30 4.10
Profitability Analysis 3.67%
0.03 0.25 0.49 -0.04 121.55 121.00 10/25 No 10/17 0.91 0.91 0 6 17
Dividend Stock List
ECL Ecolab Inc Options Chain 3.80 4.40 4.10
Profitability Analysis 3.23%
0.02 0.18 0.41 -0.08 246.70 250.00 10/18 No 9/17 0.57 0.57 0 39 12 None
CINF Cincinnati Financial Corp Options Chain 3.80 4.20 4.00
Profitability Analysis 2.55%
0.03 0.21 0.53 -0.05 136.34 135.00 10/18 No 9/17 0.81 0.81 0 40 16 None
GPN Global Payments Inc Options Chain 3.90 4.10 4.00
Profitability Analysis 4.85%
0.04 0.33 0.46 -0.06 108.96 110.00 10/18 No 9/13 0.25 0.25 0 0 13 None
BBY Best Buy Co. Inc Options Chain 3.80 4.15 3.98
Profitability Analysis 4.49%
0.04 0.27 0.53 -0.04 98.50 98.00 10/25 No 9/19 0.94 0.94 0 13 15 None
DG Dollar General Corp Options Chain 3.80 4.05 3.93
Profitability Analysis 7.60%
0.05 0.35 0.55 -0.05 80.41 82.00 10/11 No 10/08 0.59 0.59 0 0 12 None
STT State Street Corp Options Chain 3.50 3.80 3.65
Profitability Analysis 2.02%
0.04 0.31 0.55 -0.04 85.19 82.50 10/18 Yes 10/01 0.69 0.76 0 13 14 None
ITW Illinois Tool Works Inc Options Chain 3.40 3.90 3.65
Profitability Analysis 4.97%
0.01 0.19 0.36 -0.07 243.06 250.00 10/18 No 9/30 1.40 1.50 0 28 11 None
ZBH Zimmer Biomet Holdings Inc Options Chain 3.40 3.70 3.55
Profitability Analysis 4.14%
0.03 0.25 0.53 -0.05 104.47 105.00 10/18 No 9/30 0.24 0.24 0 0 13 None
FNV Franco-Nevada Corporation Options Chain 3.40 3.70 3.55
Profitability Analysis 3.73%
0.03 0.28 0.45 -0.05 119.46 120.00 10/18 No 9/12 0.36 0.36 0 16 8 None
BBY Best Buy Co. Inc Options Chain 3.30 3.70 3.50
Profitability Analysis 5.02%
0.04 0.27 0.49 -0.04 98.50 99.00 10/25 No 9/19 0.94 0.94 0 13 15 None
MRK Merck & Co Inc Options Chain 2.85 3.75 3.30
Profitability Analysis 2.25%
0.03 0.21 0.54 -0.04 118.41 117.00 10/11 No 9/16 0.77 0.77 0 13 14 None
CP Canadian Pacific Kansas City Ltd Options Chain 2.85 3.00 2.93
Profitability Analysis 2.54%
0.04 0.23 0.55 -0.04 83.50 82.50 10/18 No 9/27 0.19 0.19 0 0 7 None
GRMN Garmin Ltd Options Chain 2.50 3.30 2.90
Profitability Analysis 4.35%
0.02 0.19 0.38 -0.06 180.78 185.00 10/18 No 9/12 0.75 0.75 0 6 18
Dividend Stock List
TECK Teck Resources Ltd - Class B - Class B (Sub Voting) Options Chain 0.82 4.70 2.76
Profitability Analysis 2.63%
0.06 0.41 0.55 -0.02 44.71 43.00 10/25 Yes 9/13 0.50 0.12 0 2 8 None
AIG American International Group Inc Options Chain 2.50 2.80 2.65
Profitability Analysis 4.37%
0.04 0.26 0.50 -0.03 71.91 72.00 10/25 No 9/16 0.40 0.40 0 1 15 None
IFF International Flavors & Fragrances Inc Options Chain 2.50 2.70 2.60
Profitability Analysis 5.19%
0.02 0.24 0.43 -0.04 102.67 105.00 10/18 No 9/20 0.40 0.40 0 21 8 None
OMC Omnicom Group Inc Options Chain 2.45 2.70 2.58
Profitability Analysis 3.37%
0.03 0.24 0.44 -0.03 99.91 100.00 10/18 Yes 9/20 0.70 0.70 0 0 11 None
APH Amphenol Corp - Class A Options Chain 2.40 2.60 2.50
Profitability Analysis 4.70%
0.04 0.31 0.52 -0.03 59.85 60.00 10/18 No 9/17 0.11 0.17 0 12 10 None
STT State Street Corp Options Chain 2.35 2.50 2.43
Profitability Analysis 3.52%
0.03 0.29 0.42 -0.03 85.19 85.00 10/18 Yes 10/01 0.69 0.76 0 13 14 None
QSR Restaurant Brands International Inc Options Chain 2.20 2.35 2.28
Profitability Analysis 3.58%
0.03 0.25 0.51 -0.02 67.93 67.50 10/18 No 9/20 0.58 0.58 0 9 12 None
TXT Textron Inc Options Chain 2.00 2.15 2.08
Profitability Analysis 2.72%
0.02 0.23 0.44 -0.04 87.23 87.50 10/18 No 9/13 0.02 0.02 0 0 13 None
MDLZ Mondelez International Inc - Class A Options Chain 1.85 2.00 1.93
Profitability Analysis 3.10%
0.03 0.17 0.54 -0.02 75.07 75.00 10/18 No 9/30 0.42 0.47 0 10 11 None
EMN Eastman Chemical Company Options Chain 1.80 2.00 1.90
Profitability Analysis 4.80%
0.02 0.24 0.36 -0.03 98.01 100.00 10/18 No 9/16 0.81 0.81 0 14 13 None
ICE Intercontinental Exchange Inc Options Chain 1.80 2.00 1.90
Profitability Analysis 2.92%
0.01 0.16 0.34 -0.04 162.60 165.00 10/18 No 9/13 0.45 0.45 0 11 8 None
PEG Public Service Enterprise Group Inc Options Chain 1.70 2.05 1.88
Profitability Analysis 1.95%
0.02 0.18 0.49 -0.02 80.90 80.00 10/18 No 9/09 0.60 0.60 0 12 9 None
TECK Teck Resources Ltd - Class B - Class B (Sub Voting) Options Chain 1.58 2.18 1.88
Profitability Analysis 2.90%
0.04 0.34 0.49 -0.03 44.71 44.00 10/18 No 9/13 0.50 0.12 0 2 8 None
CINF Cincinnati Financial Corp Options Chain 1.70 2.05 1.88
Profitability Analysis 4.66%
0.01 0.20 0.32 -0.04 136.34 140.00 10/18 No 9/17 0.81 0.81 0 40 16 None
DVN Devon Energy Corp Options Chain 1.81 1.93 1.87
Profitability Analysis 2.92%
0.05 0.29 0.54 -0.02 42.08 41.00 10/25 No 9/13 0.35 0.44 0 0 12 None
TROW T. Rowe Price Group Inc Options Chain 1.70 1.95 1.83
Profitability Analysis 3.79%
0.02 0.26 0.32 -0.03 104.12 105.00 10/18 No 9/13 1.24 1.24 0 26 18 None
OVV Ovintiv Inc Options Chain 1.70 1.90 1.80
Profitability Analysis 3.14%
0.04 0.32 0.54 -0.02 40.82 40.00 10/18 No 9/13 0.30 0.30 0 3 10 None
OXY Occidental Petroleum Corp Options Chain 1.60 1.93 1.77
Profitability Analysis 0.28%
0.03 0.27 0.52 -0.03 53.84 52.00 10/11 No 9/10 0.22 0.22 0 2 11 None
MDLZ Mondelez International Inc - Class A Options Chain 1.45 2.00 1.73
Profitability Analysis 4.17%
0.02 0.17 0.49 -0.02 75.07 76.00 10/25 No 9/30 0.42 0.47 0 10 11 None
CP Canadian Pacific Kansas City Ltd Options Chain 1.55 1.70 1.63
Profitability Analysis 3.98%
0.02 0.22 0.40 -0.03 83.50 85.00 10/18 No 9/27 0.19 0.19 0 0 7 None
OXY Occidental Petroleum Corp Options Chain 1.58 1.63 1.61
Profitability Analysis 0.91%
0.03 0.25 0.48 -0.02 53.84 52.50 10/18 No 9/10 0.22 0.22 0 2 11 None
DVN Devon Energy Corp Options Chain 1.33 1.43 1.38
Profitability Analysis 4.13%
0.03 0.28 0.45 -0.02 42.08 42.00 10/25 No 9/13 0.35 0.44 0 0 12 None
BSY Bentley Systems Inc - Class B Options Chain 1.10 1.65 1.38
Profitability Analysis 5.76%
0.03 0.33 0.37 -0.02 48.64 50.00 10/18 No 9/17 0.06 0.06 0 1 11 None
STM ST Microelectronics Options Chain 1.30 1.40 1.35
Profitability Analysis 3.19%
0.05 0.41 0.47 -0.02 29.50 29.00 10/18 No 9/24 0.09 0.09 0 0 17 None
OVV Ovintiv Inc Options Chain 1.30 1.40 1.35
Profitability Analysis 4.48%
0.03 0.31 0.45 -0.02 40.82 41.00 10/18 No 9/13 0.30 0.30 0 3 10 None
HPQ HP Inc Options Chain 1.18 1.27 1.23
Profitability Analysis 3.21%
0.04 0.27 0.49 -0.01 34.40 34.00 10/25 No 9/11 0.28 0.28 0 7 12 None
FNF Fidelity National Financial Inc Options Chain 1.15 1.25 1.20
Profitability Analysis 4.56%
0.02 0.22 0.40 -0.02 58.99 60.00 10/18 No 9/16 0.48 0.48 0 12 16 None
SYY Sysco Corp Options Chain 1.15 1.25 1.20
Profitability Analysis 3.46%
0.01 0.17 0.39 -0.02 78.98 80.00 10/18 No 10/04 0.51 0.51 0 8 14 None
TTE TotalEnergies SE Options Chain 1.15 1.25 1.20
Profitability Analysis 4.01%
0.02 0.21 0.38 -0.02 66.81 67.50 10/18 No 9/24 0.87 0.79 0 1 16 None
AEE Ameren Corp Options Chain 1.05 1.35 1.20
Profitability Analysis 4.46%
0.01 0.18 0.37 -0.02 83.16 85.00 10/18 No 9/11 0.67 0.67 0 10 12 None
QSR Restaurant Brands International Inc Options Chain 1.15 1.25 1.20
Profitability Analysis 5.67%
0.02 0.24 0.34 -0.02 67.93 70.00 10/18 No 9/20 0.58 0.58 0 9 12 None
CMCSA Comcast Corp - Class A Options Chain 1.10 1.13 1.12
Profitability Analysis 4.10%
0.03 0.24 0.47 -0.02 39.80 40.00 10/18 No 10/02 0.31 0.31 0 4 13 None
CM Canadian Imperial Bank Of Commerce Options Chain 1.05 1.15 1.10
Profitability Analysis 3.80%
0.02 0.19 0.42 -0.02 59.73 60.00 10/18 No 9/27 0.90 0.90 0 13 13 None
CSCO Cisco Systems Inc Options Chain 0.95 1.15 1.05
Profitability Analysis 2.69%
0.02 0.18 0.45 -0.01 49.13 49.00 10/25 No 10/02 0.40 0.40 0 13 10 None
MO Altria Group Inc Options Chain 0.81 1.00 0.91
Profitability Analysis 3.06%
0.02 0.16 0.44 -0.01 54.27 54.00 10/25 No 9/16 0.98 1.02 0 14 14 None
HPE Hewlett Packard Enterprise Company Options Chain 0.80 0.90 0.85
Profitability Analysis 4.76%
0.05 0.33 0.52 -0.01 17.64 17.50 10/25 No 9/19 0.13 0.13 0 1 15 None
NDAQ Nasdaq Inc - 144A Options Chain 0.75 0.90 0.83
Profitability Analysis 3.43%
0.01 0.20 0.27 -0.02 73.55 75.00 10/18 Yes 9/13 0.24 0.24 0 12 6 None
SRE Sempra Options Chain 0.65 0.80 0.73
Profitability Analysis 3.92%
0.01 0.16 0.25 -0.02 83.09 85.00 10/18 No 9/26 0.62 0.62 0 13 11 None
XEL Xcel Energy Inc Options Chain 0.60 0.75 0.68
Profitability Analysis 4.36%
0.01 0.19 0.30 -0.02 63.46 65.00 10/18 No 9/13 0.55 0.55 0 20 12 None
FTV Fortive Corp Options Chain 0.45 0.90 0.68
Profitability Analysis 4.07%
0.01 0.21 0.26 -0.02 72.80 75.00 10/18 No 9/13 0.08 0.08 0 1 11 None
CVE Cenovus Energy Inc Options Chain 0.60 0.70 0.65
Profitability Analysis 3.84%
0.04 0.32 0.49 -0.01 17.17 17.00 10/18 No 9/13 0.18 0.18 0 3 16 None
HPE Hewlett Packard Enterprise Company Options Chain 0.60 0.70 0.65
Profitability Analysis 6.46%
0.04 0.34 0.43 -0.01 17.64 18.00 10/25 No 9/19 0.13 0.13 0 1 15 None