Best Dividend Stocks for Option Income with Upcoming Dividends
This report lists what Tim considers to be the best dividend stocks for producing option income that have an upcoming ex-dividend date. 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, and have an upcoming ex-dividend date within the next 45 days. 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 on, with an upcoming ex-dividend date. The report also has direct links to the options chain page for each stock as well.
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 | FDX | Fedex Corp | 223.30 | 309.09 | 194.29 | 14.93% | 6/23 | Yes | 5.52 | 2.47% | 7.41% | 3.64% | 18.92% | 16.72% | 34.72% | Options Chain | 12.68 | 14.98 | 0.07 | 14 | 55 | None | |
2 | NLY | Annaly Capital Management Inc | 19.18 | 21.36 | 16.60 | 15.54% | 6/30 | Yes | 2.65 | 13.85% | 7.69% | 3.77% | -5.56% | -0.43% | 288.04% | Options Chain | 1.24 | 0.81 | 0.06 | 10 | 46 | None | |
3 | FITB | Fifth Third Bancorp | 38.78 | 48.18 | 32.25 | 20.25% | 6/30 | Yes | 1.46 | 3.76% | 2.78% | 1.38% | 6.74% | 8.29% | 46.35% | Options Chain | 2.10 | 1.85 | 0.05 | 10 | 65 | None | |
4 | CMCSA | Comcast Corp - Class A | 34.26 | 44.53 | 31.44 | 8.97% | 7/02 | Yes | 1.26 | 3.68% | 8.20% | 4.02% | 7.73% | 29.38% | 31.27% | Options Chain | 1.33 | 1.81 | 0.05 | 12 | 64 | None | |
5 | VZ | Verizon Communications Inc | 41.67 | 46.61 | 36.83 | 13.14% | 7/10 | Yes | 2.70 | 6.47% | 1.40% | 0.70% | 1.81% | 2.99% | 64.53% | Options Chain | 1.40 | 1.85 | 0.04 | 14 | 65 | None | |
6 | ARE | Alexandria Real Estate Equities Inc | 71.37 | 125.25 | 67.37 | 5.94% | 6/30 | Yes | 5.24 | 7.34% | 1.73% | 0.86% | 4.19% | 3.89% | 689.47% | Options Chain | 3.13 | 2.85 | 0.04 | 14 | 69 | None | |
7 | USB | U.S. Bancorp. | 43.27 | 52.79 | 35.18 | 23.00% | 6/30 | Yes | 1.99 | 4.60% | 1.01% | 0.50% | 3.25% | 8.90% | 48.66% | Options Chain | 1.62 | 1.66 | 0.04 | 15 | 68 | None | |
8 | SYY | Sysco Corp | 73.97 | 81.12 | 67.12 | 10.21% | 7/03 | Yes | 2.04 | 2.73% | 6.93% | 3.41% | 4.09% | 15.53% | 52.99% | Options Chain | 2.60 | 2.43 | 0.04 | 14 | 53 | None | |
9 | MDT | Medtronic Plc | 85.73 | 95.49 | 74.13 | 15.65% | 6/27 | No | 2.80 | 3.27% | 1.79% | 0.89% | 3.55% | 16.48% | 77.56% | Options Chain | 2.46 | 2.96 | 0.03 | 12 | 64 | None | |
10 | EQR | Equity Residential Properties Trust | 68.87 | 76.83 | 59.41 | 15.92% | 6/24 | Yes | 2.72 | 3.95% | 4.53% | 2.24% | 3.54% | 3.41% | 103.72% | Options Chain | 2.13 | 1.78 | 0.03 | 11 | 63 | None | |
11 | O | Realty Income Corp | 57.58 | 62.49 | 49.07 | 17.34% | 7/01 | No | 3.18 | 5.56% | 5.52% | 2.73% | 3.61% | 3.03% | 289.18% | Options Chain | 1.38 | 1.75 | 0.03 | 11 | 53 | None | |
12 | WPC | W. P. Carey Inc | 63.71 | 65.16 | 51.66 | 23.33% | 6/30 | Yes | 3.52 | 5.54% | 3.15% | 1.56% | -3.81% | 2.92% | 179.34% | Options Chain | 1.10 | 0.88 | 0.02 | 9 | 57 | None |