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, 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 NLY Annaly Capital Management Inc 19.48 21.36 16.60 17.35% 6/30 Yes 2.65 13.60% 7.69% 3.77% -5.56% -0.43% 284.95% Options Chain 0.46 2.53 0.13 10 57 None
2 HUM Humana Inc 234.96 402.60 211.87 10.90% 6/27 Yes 3.54 1.51% 0.00% 0.00% 6.04% 8.30% 25.00% Options Chain 18.15 23.35 0.10 16 64 None
3 HAL Halliburton Company 21.98 36.11 18.56 18.43% 6/04 No 0.68 3.09% 0.00% 0.00% 39.41% 2.18% 27.87% Options Chain 0.83 2.12 0.10 11 64 None
4 NKE Nike Inc - Class B 62.80 95.97 51.93 20.93% 6/02 Yes 1.57 2.50% 5.96% 2.94% 9.08% 15.51% 52.16% Options Chain 3.83 4.65 0.07 16 60 None
5 NUE Nucor Corp 118.45 168.95 97.59 21.38% 6/30 Yes 2.18 1.84% 1.38% 0.69% 6.42% 13.19% 40.90% Options Chain 7.75 8.55 0.07 16 69 None
6 FDX Fedex Corp 225.00 309.09 194.29 15.81% 6/23 Yes 5.52 2.45% 7.41% 3.64% 18.92% 16.72% 35.36% Options Chain 11.63 15.95 0.07 14 63 None
7 LEN Lennar Corp - Class A 112.15 185.54 97.96 14.49% 4/23 Yes 2.00 1.78% 0.00% 0.00% 18.92% 11.02% 14.60% Options Chain 6.70 7.70 0.07 15 72 None
8 ODFL Old Dominion Freight Line Inc 162.41 232.21 144.65 12.28% 6/04 No 1.08 0.66% 7.69% 3.77% 29.36% 34.10% 20.26% Options Chain 4.90 10.95 0.07 12 55 None
9 DHI D.R. Horton Inc 126.24 198.16 110.09 14.67% 5/02 Yes 1.50 1.19% 23.08% 10.94% 18.01% 16.99% 11.57% Options Chain 7.90 8.50 0.07 13 70 None
10 DKS Dicks Sporting Goods Inc 184.39 251.47 165.28 11.56% 6/13 No 4.62 2.51% 10.23% 4.99% 31.95% 19.87% 33.06% Options Chain 8.60 11.50 0.06 12 73 None
11 EOG EOG Resources Inc 120.59 136.61 101.59 18.70% 10/17 No 3.77 3.13% 8.38% 9.34% 25.07% 15.56% 34.91% Options Chain 6.30 7.35 0.06 16 78
Dividend Stock List
12 TGT Target Corp 99.29 162.93 86.36 14.97% 8/13 No 4.48 4.51% 2.70% 1.34% 9.60% 11.54% 49.23% Options Chain 4.98 6.03 0.06 14 66 None
13 WY Weyerhaeuser Company 27.24 33.31 23.91 13.93% 5/30 No 0.82 3.01% 5.00% 2.47% -8.15% 2.22% 167.35% Options Chain 0.40 1.58 0.06 8 52 None
14 MRK Merck & Co Inc 81.82 131.54 73.31 11.61% 6/16 Yes 3.16 3.86% 3.85% 1.90% 5.25% 9.17% 46.47% Options Chain 4.70 4.43 0.06 15 73 None
15 CVX Chevron Corp 144.97 166.93 130.45 11.13% 5/19 Yes 6.68 4.61% 4.91% 2.42% 6.53% 6.15% 76.43% Options Chain 4.48 8.20 0.06 13 77 None
16 SLB SLB 35.63 49.52 30.85 15.49% 6/04 Yes 1.12 3.14% 3.64% 1.80% 22.88% 3.48% 37.97% Options Chain 1.65 1.99 0.06 11 68 None
17 COP Conoco Phillips 94.69 115.03 79.21 19.54% 5/19 No 3.12 3.29% 0.00% 0.00% 12.47% 5.93% 39.54% Options Chain 4.95 5.20 0.05 12 76 None
18 JNPR Juniper Networks Inc 35.92 39.07 33.22 8.13% 6/02 No 0.88 2.45% 0.00% 0.00% 2.41% 9.16% 83.81% Options Chain 0.75 1.95 0.05 15 50 None
19 DHR Danaher Corp 205.10 280.67 171.00 19.94% 6/27 Yes 1.13 0.55% 18.52% 8.87% 11.10% 17.34% 21.65% Options Chain 9.35 10.75 0.05 10 61 None
20 ACN Accenture plc - Class A 311.71 396.38 273.65 13.91% 4/10 Yes 5.73 1.84% 10.65% 5.19% 13.16% 13.01% 46.62% Options Chain 15.80 16.30 0.05 17 63 None
21 LMT Lockheed Martin Corp 469.27 606.41 413.77 13.41% 6/02 Yes 13.05 2.78% 3.53% 1.75% 5.64% 10.52% 56.30% Options Chain 23.95 23.65 0.05 13 71 None
22 AMGN AMGEN Inc 295.22 336.01 249.07 18.53% 5/16 No 9.26 3.14% 5.78% 2.85% 7.84% 16.50% 84.88% Options Chain 13.58 14.75 0.05 11 71 None
23 ARE Alexandria Real Estate Equities Inc 72.11 125.25 67.37 7.04% 6/30 No 5.24 7.27% 1.73% 0.86% 4.19% 3.89% 689.47% Options Chain 2.78 3.55 0.05 14 68 None
24 JBHT J.B. Hunt Transport Services Inc 140.92 199.24 122.40 15.13% 5/09 Yes 1.74 1.23% 2.33% 1.16% 10.51% 16.48% 32.52% Options Chain 6.90 6.25 0.05 12 56 None
25 CCI Crown Castle Inc 98.39 115.80 81.93 20.09% 6/13 Yes 5.76 5.85% -32.11% -17.60% -6.07% 12.84% -63.90% Options Chain 2.58 4.80 0.05 4 55 None
26 TSCO Tractor Supply Company 51.50 60.76 46.64 10.42% 5/28 No 0.90 1.75% 4.55% 2.25% 21.95% 27.92% 44.78% Options Chain 2.40 2.00 0.05 10 61 None
27 XOM Exxon Mobil Corp 109.50 123.07 96.91 12.99% 5/15 No 3.92 3.58% 3.13% 1.55% 3.21% 5.80% 52.06% Options Chain 4.75 5.00 0.05 12 76 None
28 BAH Booz Allen Hamilton Holding Corp - Class A 103.30 188.04 99.13 4.21% 6/11 No 2.12 2.05% 7.84% 3.85% 10.42% 15.55% 29.24% Options Chain 3.55 4.65 0.05 16 61 None
29 AAPL Apple Inc 196.45 259.47 168.99 16.25% 5/12 No 1.01 0.51% 5.05% 2.49% 4.71% 35.61% 15.73% Options Chain 7.85 8.75 0.04 10 64 None
30 OKE Oneok Inc 82.65 115.36 74.37 11.13% 5/05 No 4.04 4.89% 4.04% 2.00% 2.45% 7.04% 78.91% Options Chain 2.78 3.65 0.04 13 74 None
31 CTRA Coterra Energy Inc 26.14 29.56 21.75 20.18% 5/15 No 0.86 3.29% 4.76% 2.35% 9.15% 13.36% 50.59% Options Chain 0.90 1.10 0.04 12 70 None
32 FNF Fidelity National Financial Inc 56.17 66.72 46.65 20.41% 6/16 No 1.96 3.49% 3.09% 1.53% 6.41% 2.85% 47.92% Options Chain 2.18 2.35 0.04 14 66 None
33 GPN Global Payments Inc 78.28 119.03 65.72 19.11% 6/13 No 1.00 1.28% 0.00% 0.00% 2.96% 15.76% 16.18% Options Chain 3.23 3.20 0.04 16 70 None
34 FITB Fifth Third Bancorp 38.98 48.18 32.25 20.87% 6/30 Yes 1.46 3.75% 2.78% 1.38% 6.74% 8.29% 46.35% Options Chain 1.33 1.58 0.04 10 72 None
35 OMC Omnicom Group Inc 71.19 104.25 68.45 4.00% 6/10 Yes 2.80 3.93% 0.00% 0.00% 0.00% 10.60% 38.25% Options Chain 2.45 2.85 0.04 14 68 None
36 HD Home Depot Inc 363.16 431.63 323.83 12.15% 6/05 No 9.10 2.51% 2.22% 1.11% 8.66% 28.30% 63.11% Options Chain 13.08 14.38 0.04 9 60 None
37 CHRW C.H. Robinson Worldwide Inc 93.54 113.35 81.19 15.21% 6/06 No 2.48 2.65% 0.81% 0.41% 4.50% 15.17% 59.19% Options Chain 2.30 3.70 0.04 14 55 None
38 DOC Healthpeak OP LLC 17.50 22.44 16.64 5.17% 6/16 No 3.21 18.33% 0.00% 0.00% 0.00% 0.00% 782.52% Options Chain 0.28 0.68 0.04 13 49 None
39 CMCSA Comcast Corp - Class A 35.01 44.53 31.44 11.35% 7/02 No 1.26 3.60% 8.20% 4.02% 7.73% 29.38% 31.42% Options Chain 1.34 1.08 0.04 12 63 None
40 CL Colgate-Palmolive Company 90.26 107.54 84.85 6.38% 7/18 Yes 2.02 2.24% 5.05% 2.49% 3.83% 8.64% 56.58% Options Chain 3.20 3.40 0.04 13 63 None
41 BDX Becton Dickinson & Company 172.21 249.34 162.35 6.07% 6/09 No 4.07 2.36% 6.94% 3.41% 5.48% 10.58% 78.88% Options Chain 4.25 6.40 0.04 12 62 None
42 UNP Union Pacific Corp 224.95 253.90 203.43 10.58% 5/30 Yes 5.36 2.38% 1.52% 0.75% 5.72% 8.43% 48.29% Options Chain 7.55 8.10 0.04 12 63 None
43 VZ Verizon Communications Inc 43.20 46.61 36.47 18.45% 7/10 Yes 2.70 6.24% 1.40% 0.70% 1.81% 2.99% 64.23% Options Chain 1.26 1.54 0.04 14 72 None
44 CLX Clorox Company 123.07 168.60 122.83 0.20% 4/23 No 4.88 3.97% 0.83% 0.41% 1.82% 8.97% 87.93% Options Chain 2.75 4.25 0.03 15 55 None
45 LDOS Leidos Holdings Inc 148.02 201.76 123.25 20.10% 6/16 No 1.56 1.05% 3.90% 1.93% 3.39% -1.21% 15.69% Options Chain 4.80 5.10 0.03 15 67 None
46 ZTS Zoetis Inc - Class A 167.85 198.58 139.22 20.56% 7/18 No 1.86 1.10% 15.74% 7.58% 18.92% 19.62% 32.99% Options Chain 5.40 5.70 0.03 12 59 None
47 MDT Medtronic Plc 88.49 95.49 74.13 19.37% 6/27 No 2.80 3.16% 1.79% 0.89% 3.55% 16.48% 77.56% Options Chain 2.82 2.97 0.03 12 64 None
48 MMC Marsh & McLennan Cos. Inc 219.40 248.00 205.05 7.00% 4/03 Yes 3.26 1.49% 6.89% 3.39% 12.99% 6.82% 40.10% Options Chain 5.45 7.20 0.03 11 65 None
49 SBAC SBA Communications Corp - Class A 228.07 249.02 183.56 24.25% 5/22 No 4.18 1.83% 13.27% 6.43% 17.62% 20.49% 55.29% Options Chain 5.50 7.40 0.03 12 56 None
50 REG Regency Centers Corporation 71.06 76.68 58.39 21.70% 6/11 No 2.79 3.92% 3.87% 1.92% 4.01% 2.29% 131.99% Options Chain 2.25 1.93 0.03 12 69 None
51 GIS General Mills Inc 54.74 73.73 52.39 4.49% 4/10 Yes 2.40 4.38% 0.84% 0.42% 4.15% 7.59% 52.75% Options Chain 1.30 1.73 0.03 12 60 None
52 PG Procter & Gamble Company 163.18 178.84 155.17 5.16% 4/21 Yes 4.08 2.50% 6.74% 3.32% 5.59% 8.68% 64.70% Options Chain 5.08 4.45 0.03 12 72 None
53 MET Metlife Inc 78.99 87.83 64.73 22.03% 5/06 No 2.20 2.79% 5.34% 2.63% 4.55% 7.13% 36.23% Options Chain 2.45 2.33 0.03 20 73 None
54 CNI Canadian National Railway Company 103.77 121.10 91.08 13.93% 6/09 No 3.46 3.34% 5.03% 2.48% 9.60% 15.33% 66.00% Options Chain 2.33 3.15 0.03 12 67 None
55 QSR Restaurant Brands International Inc 68.31 73.13 58.71 16.35% 6/24 No 2.36 3.45% 6.90% 3.39% 4.00% 23.10% 80.00% Options Chain 1.80 2.05 0.03 9 68 None
56 SYK Stryker Corp 380.49 405.25 312.78 21.65% 6/30 No 3.28 0.86% 3.70% 1.84% 6.78% 12.41% 44.32% Options Chain 9.15 11.25 0.03 8 63 None
57 SHW Sherwin-Williams Company 356.20 398.67 289.88 22.88% 5/16 No 3.01 0.85% 10.49% 5.11% 9.48% 11.77% 28.45% Options Chain 7.40 10.45 0.03 13 62 None
58 CB Chubb Ltd 286.79 305.88 248.18 15.56% 6/13 No 3.70 1.29% 8.08% 3.96% 5.10% 12.67% 17.82% Options Chain 5.80 8.35 0.03 15 70 None
59 OHI Omega Healthcare Investors Inc 37.02 42.14 29.89 23.85% 5/05 No 2.68 7.24% 0.00% 0.00% 0.00% 1.02% 166.46% Options Chain 1.05 0.85 0.03 13 71 None
60 FTV Fortive Corp 70.94 83.14 60.32 17.61% 5/30 No 0.32 0.45% 0.00% 0.00% 3.39% 1.93% 14.16% Options Chain 1.80 1.98 0.03 12 56 None
61 YUM Yum Brands Inc 143.16 162.50 120.96 18.35% 5/27 No 2.76 1.93% 5.97% 2.94% 9.16% 14.20% 54.87% Options Chain 3.40 3.90 0.03 8 61 None
62 TTE TotalEnergies SE 63.07 68.15 51.78 21.80% 9/30 No 3.39 5.37% 2.08% 1.03% 2.58% 1.07% 56.77% Options Chain 0.98 1.65 0.03 13 63 None
63 LIN Linde Plc. 470.53 482.86 407.35 15.51% 6/04 No 5.78 1.23% 7.91% 3.88% 9.07% 13.02% 42.53% Options Chain 9.40 11.95 0.03 12 68 None
64 CP Canadian Pacific Kansas City Ltd 81.15 87.26 66.49 22.05% 6/27 No 0.76 0.94% 20.00% 9.54% 4.66% 8.31% 25.42% Options Chain 1.43 2.03 0.03 9 68 None
65 TSN Tyson Foods Inc - Class A 55.40 65.23 52.18 6.17% 8/29 No 1.99 3.59% 1.52% 0.76% 2.74% 17.72% 77.43% Options Chain 1.38 1.38 0.02 13 62 None
66 PCAR Paccar Inc 93.64 115.03 84.36 11.00% 5/14 No 3.96 4.23% 12.82% 6.22% 10.25% 9.67% 60.09% Options Chain 2.10 2.33 0.02 13 70 None
67 KHC Kraft Heinz Company 26.46 35.08 25.62 3.28% 5/30 No 1.60 6.05% 0.00% 0.00% 0.00% -4.69% 73.39% Options Chain 0.46 0.62 0.02 11 68 None
68 O Realty Income Corp 57.96 62.49 49.07 18.12% 7/01 No 3.18 5.49% 5.52% 2.73% 3.61% 3.03% 289.18% Options Chain 1.33 1.25 0.02 11 61 None
69 TROW T. Rowe Price Group Inc 94.50 121.15 76.80 23.05% 6/13 No 5.02 5.31% 2.42% 1.20% 4.13% 17.19% 56.98% Options Chain 1.55 2.13 0.02 20 61
Dividend Stock List
70 SPG Simon Property Group Inc 158.79 185.37 134.57 18.00% 6/09 No 8.35 5.26% 3.70% 1.84% 9.47% 5.13% 132.96% Options Chain 3.40 3.55 0.02 9 72 None
71 ITW Illinois Tool Works Inc 246.01 276.43 214.66 14.60% 6/30 No 5.90 2.40% 3.45% 1.71% 6.18% 13.63% 52.44% Options Chain 2.28 5.45 0.02 12 62 None
72 BRO Brown & Brown Inc 106.62 125.51 87.83 21.39% 5/12 No 0.58 0.54% 11.11% 5.41% 12.10% 10.51% 16.16% Options Chain 2.33 2.03 0.02 10 65 None
73 ZBH Zimmer Biomet Holdings Inc 92.51 115.94 89.22 3.69% 6/26 No 0.96 1.03% 0.00% 0.00% 0.00% 2.43% 21.48% Options Chain 1.48 1.98 0.02 13 63 None
74 JNJ Johnson & Johnson 156.66 168.55 138.38 13.21% 5/27 Yes 5.02 3.20% 5.91% 2.91% 5.55% 13.03% 56.22% Options Chain 3.25 2.67 0.02 16 73 None
75 AON Aon plc. - Class A 353.00 412.10 283.13 24.68% 5/01 No 2.77 0.78% 12.88% 6.24% 10.62% 5.58% 24.09% Options Chain 6.90 6.85 0.02 10 68 None
76 SYY Sysco Corp 75.39 81.12 67.12 12.32% 7/03 No 2.04 2.71% 6.93% 3.41% 4.09% 15.53% 52.71% Options Chain 1.38 1.18 0.02 14 63 None
77 EQR Equity Residential Properties Trust 70.17 76.83 59.41 18.11% 6/24 No 2.72 3.87% 4.53% 2.24% 3.54% 3.41% 103.72% Options Chain 1.00 1.25 0.02 11 62 None
78 WM Waste Management Inc 235.89 241.74 193.83 21.70% 6/06 No 3.15 1.34% 10.00% 4.88% 9.45% 7.18% 47.37% Options Chain 4.00 2.48 0.02 10 63 None
79 UL Unilever plc 63.19 65.11 52.67 19.97% 5/16 No 1.94 3.07% 11.45% 5.57% 0.61% 3.75% 73.50% Options Chain 0.40 1.05 0.02 11 63 None
80 ECL Ecolab Inc 270.95 272.98 219.32 23.54% 6/17 No 2.44 0.90% 10.17% 4.96% 7.46% 9.66% 33.38% Options Chain 3.63 4.50 0.02 12 63 None
81 GLPI Gaming and Leisure Properties Inc 47.41 50.60 40.62 16.72% 6/13 No 3.06 6.45% 2.63% 1.31% 4.07% 3.87% 108.51% Options Chain 0.63 0.53 0.01 12 73 None
82 WPC W. P. Carey Inc 63.28 65.16 51.58 22.68% 6/30 No 3.52 5.55% 3.15% 1.56% -3.81% 2.92% 181.19% Options Chain 0.53 0.70 0.01 9 60 None
83 VICI VICI Properties Inc 32.50 33.58 26.44 22.92% 6/18 No 1.71 5.27% 2.06% 1.03% 5.81% 9.24% 68.50% Options Chain 0.35 0.15 0.01 11 78 None
84 RCI Rogers Communications Inc - Class B 27.66 39.99 22.86 21.00% 6/09 No 2.00 7.23% 0.00% 0.00% 0.00% 29.97% 84.39% Options Chain 0.15 0.23 0.01 16 64 None
85 KIM Kimco Realty Corporation 21.02 24.97 17.71 18.69% 6/06 No 0.99 4.71% 3.09% 1.53% 10.12% 3.55% 132.00% Options Chain 0.10 0.00 11 60 None