Best Dividend Stocks for Option Income

This report lists what Tim considers to be the best dividend stocks for producing option 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 greater than or equal to 2%, free cash flow per share must be greater than their trailing dividend rate, a dividend payout ratio percentage of 90% or less, a liquidity rating of 2 stars or greater, an Algorithm score of 12 or higher or a Safety Score of 60 or better, and have made at least 20 dividend payments over the last 5 years. Finally, the stock's current price must be within 25% or lower of its 52-week low. This report is sorted by average ATM premium as well as trailing annual dividend yield percentage and is intended to find solid dividend stocks that are ideal for selling covered calls or cash-secured puts on. The report also has direct links to the options chain page for each stock as well.



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Ranking Ticker Company Current Price 52-Week High 52-Week Low Last Price to 52 Week Low Ex-Dividend Date Earnings Overlap? Trailing Annual Dividend Rate Trailing Annual Dividend Yield Percentage One Year Dividend Growth Rate Percentage Three Year Dividend Growth Rate Percentage Five Year Dividend Growth Rate Percentage All-Time Dividend Growth Rate Percentage Dividend Payout Ratio Percentage Has Options? ATM Call Premium ATM Put Premium Premium To Stock Price Ratio Liquidity Rating Algorithm Score Safety Score Lists
1 UNH Unitedhealth Group Inc 296.67 625.65 248.88 19.20% 3/10 Yes 8.40 2.83% 2.69% 1.34% 10.67% 23.95% 35.18% Options Chain 22.40 26.75 0.09 14 69 None
2 FDX Fedex Corp 218.98 309.09 194.30 12.70% 3/10 Yes 5.52 2.52% 2.22% 1.11% 17.46% 16.72% 34.74% Options Chain 12.48 14.83 0.07 14 65 None
3 HAL Halliburton Company 19.96 36.41 18.72 6.62% 6/04 No 0.68 3.41% 0.00% 0.00% 39.41% 2.18% 28.45% Options Chain 1.25 1.35 0.07 12 56 None
4 NKE Nike Inc - Class B 61.32 96.61 52.28 17.29% 6/02 Yes 1.54 2.51% 5.96% 2.94% 9.08% 15.51% 51.16% Options Chain 4.10 4.05 0.07 16 60 None
5 AMGN AMGEN Inc 271.66 336.01 249.07 9.07% 5/16 No 9.26 3.41% 5.78% 2.85% 7.84% 16.50% 84.49% Options Chain 13.50 17.58 0.06 11 72 None
6 ARE Alexandria Real Estate Equities Inc 67.83 125.25 67.48 0.52% 3/31 No 5.24 7.73% 1.73% 0.86% 4.19% 3.89% 689.47% Options Chain 3.75 4.25 0.06 14 70 None
7 COP Conoco Phillips 86.13 115.84 79.21 8.74% 5/19 No 3.12 3.62% 0.00% 0.00% 12.47% 5.93% 39.54% Options Chain 3.55 5.33 0.06 12 76 None
8 OXY Occidental Petroleum Corp 41.08 63.87 34.78 18.11% 6/10 No 0.90 2.19% 9.09% 4.45% 121.34% -0.92% 36.44% Options Chain 1.93 2.31 0.06 12 67 None
9 EQNR Equinor ASA 23.46 26.71 20.70 13.33% 8/19 No 1.42 6.05% 9.63% 4.70% 27.50% 4.58% 44.94% Options Chain 0.85 1.30 0.06 13 68 None
10 CTRA Coterra Energy Inc 24.41 29.56 21.75 12.23% 5/15 No 0.86 3.52% 4.76% 2.35% 9.15% 13.36% 50.29% Options Chain 1.03 1.35 0.06 13 70 None
11 QCOM Qualcomm Inc 147.37 227.03 120.80 22.00% 6/05 No 3.40 2.31% 6.27% 3.09% 7.26% 17.18% 34.69% Options Chain 8.13 7.70 0.06 14 67 None
12 TGT Target Corp 95.06 162.93 86.36 10.07% 5/14 No 4.48 4.71% 0.90% 0.45% 9.12% 11.54% 49.23% Options Chain 5.18 5.23 0.06 14 66 None
13 PLD Prologis Inc 105.09 129.30 85.35 23.13% 6/17 Yes 3.89 3.70% 5.21% 2.57% 12.52% 4.21% 97.01% Options Chain 4.25 5.75 0.05 12 69 None
14 SLB SLB 33.75 49.94 31.11 8.49% 6/04 No 1.11 3.29% 3.64% 1.80% 22.88% 3.48% 37.63% Options Chain 1.43 1.82 0.05 11 68 None
15 BKR Baker Hughes Co - Class A 36.74 48.85 30.23 21.53% 5/06 No 0.88 2.40% 9.52% 4.65% 6.32% 2.60% 30.03% Options Chain 1.98 1.95 0.05 12 66 None
16 BXP Boston Properties Inc 64.61 87.63 53.37 21.06% 3/31 No 3.92 6.07% 0.00% 0.00% 0.00% 3.36% -13,066.67% Options Chain 2.68 3.45 0.05 7 59 None
17 OMC Omnicom Group Inc 73.13 105.28 69.13 5.79% 6/10 Yes 2.80 3.83% 0.00% 0.00% 0.00% 10.60% 38.25% Options Chain 3.90 3.28 0.05 14 70 None
18 RF Regions Financial Corp 21.37 27.41 17.18 24.39% 6/02 Yes 0.99 4.63% 2.04% 1.02% 11.37% -1.71% 47.83% Options Chain 1.10 0.95 0.05 14 71 None
19 NEE NextEra Energy Inc 66.94 84.83 61.72 8.46% 6/02 No 2.11 3.15% 10.00% 4.88% 10.14% 5.68% 79.08% Options Chain 3.43 3.23 0.05 9 66 None
20 PCAR Paccar Inc 94.33 115.03 84.36 11.82% 5/14 No 3.96 4.20% 12.82% 6.22% 10.25% 9.67% 60.09% Options Chain 3.65 4.75 0.05 13 68 None
21 EOG EOG Resources Inc 110.79 136.61 101.59 9.06% 7/17 No 3.77 3.40% 7.14% 3.51% 24.71% 15.78% 34.91% Options Chain 5.50 5.35 0.05 17 77
Dividend Stock List
22 USB U.S. Bancorp. 43.12 52.79 35.18 22.57% 3/31 Yes 1.99 4.62% 1.01% 0.50% 3.25% 8.90% 49.26% Options Chain 2.14 1.82 0.05 15 68 None
23 SU Suncor Energy Inc 35.37 40.86 30.79 14.87% 6/04 No 2.23 6.30% 3.40% 1.69% 21.39% 13.58% 63.90% Options Chain 1.35 1.75 0.05 16 80 None
24 FITB Fifth Third Bancorp 37.90 48.18 32.25 17.52% 3/31 Yes 1.46 3.85% 2.78% 1.38% 6.74% 8.29% 46.35% Options Chain 1.80 1.65 0.05 10 65 None
25 JNPR Juniper Networks Inc 35.97 39.31 33.42 7.63% 6/02 No 0.88 2.45% 0.00% 0.00% 2.41% 9.16% 83.81% Options Chain 0.98 1.70 0.05 15 50 None
26 MRK Merck & Co Inc 77.84 131.54 73.31 6.18% 3/17 No 3.16 4.06% 3.85% 1.90% 5.25% 9.17% 45.93% Options Chain 3.62 3.41 0.05 15 73 None
27 XOM Exxon Mobil Corp 102.97 123.07 96.91 6.25% 5/15 No 3.92 3.81% 3.13% 1.55% 3.21% 5.80% 51.99% Options Chain 3.48 4.78 0.05 12 75 None
28 BDX Becton Dickinson & Company 171.38 250.85 163.33 4.93% 6/09 No 3.98 2.32% 6.94% 3.41% 5.48% 10.58% 77.13% Options Chain 7.90 6.70 0.05 12 63 None
29 CMCSA Comcast Corp - Class A 34.59 44.53 31.44 10.02% 7/02 No 1.26 3.64% 8.20% 4.02% 7.73% 29.38% 31.03% Options Chain 1.03 1.55 0.04 12 64 None
30 WY Weyerhaeuser Company 25.25 33.58 24.10 4.77% 5/30 No 0.81 3.21% 5.00% 2.47% -8.15% 2.22% 165.31% Options Chain 1.13 0.95 0.04 8 52 None
31 CHRW C.H. Robinson Worldwide Inc 96.52 114.09 80.67 19.65% 6/06 No 2.47 2.56% 0.81% 0.41% 4.50% 15.17% 58.95% Options Chain 4.25 3.55 0.04 14 55 None
32 AMT American Tower Corp 211.86 237.72 171.10 23.82% 6/13 No 6.56 3.10% 4.94% 2.44% 6.89% 17.88% 106.15% Options Chain 9.15 7.35 0.04 11 62 None
33 SPG Simon Property Group Inc 157.95 187.81 136.34 15.85% 6/09 No 8.25 5.22% 3.70% 1.84% 9.47% 5.13% 131.16% Options Chain 6.70 5.90 0.04 9 72 None
34 MGA Magna International Inc 35.67 45.98 29.99 18.94% 5/16 No 1.92 5.38% 2.11% 1.05% 3.05% 9.20% 47.88% Options Chain 1.25 1.50 0.04 17 69 None
35 CCI Crown Castle Inc 100.16 117.05 82.81 20.95% 6/13 Yes 6.26 6.25% -32.11% -17.60% -6.07% 12.84% -69.48% Options Chain 4.05 4.20 0.04 4 54 None
36 MET Metlife Inc 77.66 87.83 64.73 19.98% 5/06 No 2.20 2.84% 5.34% 2.63% 4.55% 7.13% 35.99% Options Chain 3.25 3.25 0.04 20 73 None
37 OKE Oneok Inc 81.37 115.36 74.35 9.44% 5/05 No 4.04 4.96% 4.04% 2.00% 2.45% 7.04% 78.91% Options Chain 2.58 3.30 0.04 13 74 None
38 UNP Union Pacific Corp 222.87 255.44 204.66 8.90% 5/30 No 5.32 2.39% 1.52% 0.75% 5.72% 8.43% 47.93% Options Chain 6.50 8.95 0.04 12 64 None
39 MDLZ Mondelez International Inc - Class A 65.49 74.46 53.58 22.23% 6/30 No 1.83 2.80% 5.03% 2.48% 9.04% 5.42% 68.22% Options Chain 2.55 1.73 0.04 9 66 None
40 GIS General Mills Inc 53.34 73.73 52.39 1.81% 4/10 Yes 2.40 4.50% 0.84% 0.42% 4.15% 7.59% 52.75% Options Chain 1.65 2.05 0.04 12 62 None
41 MDT Medtronic Plc 80.91 95.49 74.13 9.15% 6/27 No 2.80 3.46% 1.79% 0.89% 3.55% 16.48% 77.56% Options Chain 2.14 3.00 0.04 11 66 None
42 TSN Tyson Foods Inc - Class A 55.48 65.82 52.36 5.96% 8/29 No 1.98 3.57% 1.52% 0.76% 2.74% 17.72% 77.04% Options Chain 2.05 1.58 0.04 13 62 None
43 VZ Verizon Communications Inc 43.13 46.61 36.47 18.26% 4/10 No 2.70 6.25% 1.40% 0.70% 1.81% 2.99% 64.23% Options Chain 1.58 1.39 0.04 14 72 None
44 TTE TotalEnergies SE 58.16 69.25 51.78 12.32% 9/30 No 3.39 5.83% 2.08% 1.03% 2.58% 1.07% 56.77% Options Chain 2.08 1.83 0.04 13 63 None
45 QSR Restaurant Brands International Inc 69.43 73.13 58.71 18.26% 6/24 No 2.36 3.40% 6.90% 3.39% 4.00% 23.10% 80.00% Options Chain 2.45 2.45 0.04 9 68 None
46 EQR Equity Residential Properties Trust 68.30 76.83 59.41 14.96% 3/31 No 2.72 3.98% 4.53% 2.24% 3.54% 3.41% 103.72% Options Chain 2.18 2.38 0.03 11 63 None
47 KHC Kraft Heinz Company 26.50 35.61 26.01 1.88% 5/30 No 1.60 6.04% 0.00% 0.00% 0.00% -4.69% 73.06% Options Chain 0.90 0.84 0.03 11 71 None
48 CL Colgate-Palmolive Company 90.90 107.54 84.85 7.13% 4/17 No 2.02 2.22% 5.05% 2.49% 3.83% 8.64% 57.22% Options Chain 3.08 2.75 0.03 13 63 None
49 CVX Chevron Corp 135.29 166.93 130.45 3.71% 5/19 No 6.68 4.94% 4.91% 2.42% 6.53% 6.15% 76.43% Options Chain 4.33 4.50 0.03 12 78 None
50 FNF Fidelity National Financial Inc 53.62 66.72 46.50 15.31% 6/16 No 1.96 3.66% 3.09% 1.53% 6.41% 2.85% 48.64% Options Chain 1.65 0.70 0.03 14 66 None
51 TROW T. Rowe Price Group Inc 94.46 122.80 77.85 21.34% 6/13 No 4.99 5.28% 2.42% 1.20% 4.13% 17.19% 56.64% Options Chain 2.68 2.83 0.03 20 64
Dividend Stock List
52 NLY Annaly Capital Management Inc 18.73 21.36 16.59 12.90% 3/31 No 2.65 14.15% 7.69% 3.77% -5.56% -0.43% 288.04% Options Chain 0.53 0.55 0.03 11 62 None
53 KIM Kimco Realty Corporation 20.61 25.28 17.19 19.90% 6/06 No 0.98 4.75% 3.09% 1.53% 10.12% 3.55% 128.95% Options Chain 0.10 0.60 0.03 11 60 None
54 CLX Clorox Company 130.90 168.60 123.52 5.97% 4/23 No 4.88 3.73% 0.83% 0.41% 1.82% 8.97% 87.77% Options Chain 2.88 3.70 0.03 15 55 None
55 WPC W. P. Carey Inc 60.22 65.16 51.58 16.75% 3/31 No 3.52 5.84% 2.01% 1.00% -4.08% 2.92% 181.19% Options Chain 0.48 1.63 0.03 9 60 None
56 ITW Illinois Tool Works Inc 244.71 276.43 214.66 14.00% 6/30 No 5.90 2.41% 3.45% 1.71% 6.18% 13.63% 51.98% Options Chain 4.00 6.45 0.03 12 62 None
57 JNJ Johnson & Johnson 152.61 169.99 139.56 9.35% 5/27 Yes 4.96 3.25% 5.91% 2.91% 5.55% 13.03% 55.17% Options Chain 3.60 3.98 0.03 16 66 None
58 DOC Healthpeak OP LLC 16.82 22.44 16.64 1.08% 6/16 No 3.21 19.07% 0.00% 0.00% 0.00% 0.00% 782.52% Options Chain 0.43 0.18 0.03 13 49 None
59 O Realty Income Corp 55.18 62.79 48.20 14.48% 6/02 No 3.17 5.75% 5.33% 2.63% 3.56% 3.03% 288.64% Options Chain 0.70 1.40 0.03 11 61 None
60 PG Procter & Gamble Company 165.03 178.84 155.17 6.35% 4/21 No 4.08 2.47% 6.74% 3.32% 5.59% 8.68% 64.70% Options Chain 2.96 4.10 0.02 12 69 None
61 SYY Sysco Corp 71.98 81.12 67.12 7.24% 7/03 No 2.04 2.83% 6.93% 3.41% 4.09% 15.53% 52.71% Options Chain 1.65 1.68 0.02 14 55 None
62 VICI VICI Properties Inc 31.20 34.29 27.53 13.33% 3/20 No 1.71 5.49% 2.06% 1.03% 5.81% 9.24% 68.50% Options Chain 0.55 0.48 0.02 10 78 None
63 GLPI Gaming and Leisure Properties Inc 46.03 51.44 40.77 12.90% 6/13 No 3.04 6.60% 2.63% 1.31% 4.07% 3.87% 107.42% Options Chain 0.65 0.38 0.01 12 73 None