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.



Download as spreadsheet Download

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 225.30 303.39 193.05 16.71% 9/08 Yes 5.59 2.40% 7.41% 3.64% 18.92% 16.72% 33.23% Options Chain 13.00 14.08 0.06 12 63 None
2 HAL Halliburton Company 21.41 31.90 18.56 15.36% 9/03 No 0.68 3.22% 0.00% 0.00% 39.41% 2.18% 31.92% Options Chain 1.18 1.11 0.06 12 57 None
3 SLB SLB 33.86 45.17 30.85 9.76% 9/03 No 1.12 3.36% 3.64% 1.80% 22.88% 3.48% 38.36% Options Chain 1.28 1.66 0.05 11 69 None
4 MRK Merck & Co Inc 86.38 116.37 72.58 19.01% 9/15 No 3.20 3.77% 3.85% 1.90% 5.25% 9.17% 49.31% Options Chain 3.44 3.15 0.04 14 73 None
5 CMCSA Comcast Corp - Class A 33.77 44.12 31.03 8.83% 10/01 No 1.28 3.82% 6.56% 6.79% 7.32% 28.34% 21.23% Options Chain 1.18 0.58 0.03 14 64 None
6 UNP Union Pacific Corp 225.39 253.90 203.43 10.79% 8/29 No 5.36 2.40% 4.55% 2.25% 6.51% 8.43% 46.61% Options Chain 5.15 7.35 0.03 12 64 None
7 LMT Lockheed Martin Corp 448.80 606.41 410.11 9.43% 9/02 No 13.05 2.96% 3.53% 1.75% 5.64% 10.52% 73.27% Options Chain 12.70 13.45 0.03 10 67 None
8 MDLZ Mondelez International Inc - Class A 63.11 73.94 53.20 18.63% 9/30 No 1.88 3.00% 11.73% 5.70% 10.74% 5.42% 68.86% Options Chain 1.83 1.65 0.03 10 68 None
9 MDT Medtronic Plc 91.10 94.71 77.57 17.44% 9/26 No 2.81 3.13% 1.79% 0.89% 3.55% 16.48% 77.84% Options Chain 2.46 2.39 0.03 14 62 None
10 MCD McDonald`s Corp 313.00 324.48 273.39 14.49% 9/02 No 6.98 2.24% 4.42% 2.19% 7.76% 17.86% 59.76% Options Chain 5.88 7.20 0.02 10 66 None
11 CNQ Canadian Natural Resources Ltd 30.16 36.49 24.34 23.91% 9/19 No 2.26 7.58% 9.94% 4.85% 23.85% 23.68% 79.11% Options Chain 0.18 0.01 13 73 None
12 CNI Canadian National Railway Company 94.50 118.95 91.08 3.75% 9/08 No 3.46 3.69% 5.03% 2.48% 9.60% 15.33% 65.75% Options Chain 12 67 None
13 DOC Healthpeak OP LLC 17.30 22.06 16.35 5.81% 9/19 No 2.61 15.18% 0.00% 0.00% 0.00% 0.00% 1,088.90% Options Chain 9 47 None
14 FNF Fidelity National Financial Inc 59.36 66.12 50.61 17.29% 9/16 No 1.98 3.33% 3.09% 1.53% 6.41% 2.85% 50.38% Options Chain 15 65 None
15 AMH American Homes 4 Rent - Class A 35.23 40.44 31.42 12.13% 9/15 No 1.12 3.25% 15.38% 7.42% 31.61% 17.92% 100.90% Options Chain 11 59 None
16 BDX Becton Dickinson & Company 196.63 249.34 162.35 21.11% 9/08 No 4.07 2.09% 6.94% 3.41% 5.48% 10.58% 74.41% Options Chain 13 59 None
17 ITW Illinois Tool Works Inc 262.20 274.76 213.36 22.89% 9/30 No 6.00 2.27% 11.03% 5.37% 8.08% 13.63% 52.72% Options Chain 13 64 None
18 KIM Kimco Realty Corporation 21.71 24.97 17.71 22.59% 9/05 No 0.99 4.56% 3.09% 1.53% 10.12% 3.55% 120.73% Options Chain 11 67 None
19 O Realty Income Corp 59.61 61.90 49.76 19.80% 9/02 No 3.19 5.41% 5.52% 2.73% 3.61% 3.03% 310.00% Options Chain 9 61 None
20 OMC Omnicom Group Inc 77.48 104.25 68.37 13.32% 9/02 No 2.80 3.60% 0.00% 0.00% 0.00% 10.60% 40.06% Options Chain 14 70 None
21 REG Regency Centers Corporation 71.77 76.68 62.82 14.25% 9/11 No 2.79 3.88% 3.87% 1.92% 4.01% 2.29% 130.14% Options Chain 12 67 None
22 TTE TotalEnergies SE 63.45 66.80 51.01 24.39% 9/30 No 3.54 5.68% 2.08% 1.03% 2.58% 1.07% 64.14% Options Chain 12 62 None
23 WY Weyerhaeuser Company 25.81 33.31 23.91 7.95% 8/29 No 0.82 3.11% 5.00% 2.47% -8.15% 2.22% 215.79% Options Chain 7 51 None