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 Previous Dividend Amount Current Dividend Amount 5-Year Dividend Payments Count Total Years Dividends Increasing Liquidity Rating Algorithm Score Safety Score Lists
LLY Lilly(Eli) & Company Options Chain 53.70 59.55 56.63
Profitability Analysis 5.39%
0.05 0.35 0.53 -0.59 1,080.17 1,080.00 2/20/2026 Yes 2/13 1.50 1.73 21 10 13 64 None
LLY Lilly(Eli) & Company Options Chain 52.40 55.70 54.05
Profitability Analysis 4.22%
0.05 0.36 0.55 -0.72 1,080.17 1,070.00 2/6/2026 Yes 2/13 1.50 1.73 21 10 13 64 None
CAT Caterpillar Inc Options Chain 29.20 32.10 30.65
Profitability Analysis 4.29%
0.05 0.36 0.55 -0.33 577.39 570.00 2/13/2026 Yes 1/20 1.51 1.51 21 11 10 66 None
CAT Caterpillar Inc Options Chain 26.80 27.95 27.38
Profitability Analysis 5.46%
0.05 0.35 0.49 -0.29 577.39 580.00 2/20/2026 Yes 1/20 1.51 1.51 21 11 10 66 None
PWR Quanta Services Inc Options Chain 19.60 20.70 20.15
Profitability Analysis 6.68%
0.05 0.36 0.49 -0.25 422.06 430.00 2/20/2026 Yes 1/02 0.10 0.11 21 0 9 53 None
MA Mastercard Incorporated - Class A Options Chain 19.15 19.75 19.45
Profitability Analysis 3.41%
0.03 0.21 0.55 -0.19 570.88 570.00 2/20/2026 Yes 1/09 0.76 0.87 21 13 9 61 None
MA Mastercard Incorporated - Class A Options Chain 15.25 17.50 16.38
Profitability Analysis 3.74%
0.03 0.20 0.50 -0.19 570.88 575.00 2/20/2026 Yes 1/09 0.76 0.87 21 13 9 61 None
AXP American Express Company Options Chain 14.90 15.25 15.08
Profitability Analysis 3.35%
0.04 0.26 0.54 -0.15 373.38 370.00 2/20/2026 Yes 1/02 0.82 0.82 21 3 12 69 None
AMGN AMGEN Inc Options Chain 13.05 13.75 13.40
Profitability Analysis 3.06%
0.04 0.25 0.54 -0.12 330.80 325.00 2/20/2026 Yes 2/13 2.38 2.52 21 14 9 65 None
JPM JPMorgan Chase & Company Options Chain 12.50 12.95 12.73
Profitability Analysis 3.41%
0.04 0.24 0.55 -0.11 323.22 320.00 2/20/2026 Yes 1/06 1.50 1.50 21 14 11 78 None
ORCL Oracle Corp Options Chain 12.45 12.75 12.60
Profitability Analysis 6.77%
0.06 0.42 0.54 -0.13 194.91 195.00 2/20/2026 No 1/09 0.50 0.50 21 11 7 61 None
AMGN AMGEN Inc Options Chain 10.50 11.00 10.75
Profitability Analysis 3.77%
0.03 0.25 0.48 -0.12 330.80 330.00 2/20/2026 Yes 2/13 2.38 2.52 21 14 9 65 None
JPM JPMorgan Chase & Company Options Chain 9.75 10.25 10.00
Profitability Analysis 4.11%
0.03 0.23 0.48 -0.11 323.22 325.00 2/20/2026 Yes 1/06 1.50 1.50 21 14 11 78 None
APD Air Products & Chemicals Inc Options Chain 8.60 10.10 9.35
Profitability Analysis 4.92%
0.04 0.29 0.47 -0.10 248.89 250.00 2/20/2026 Yes 1/02 1.79 1.79 21 0 3 53 None
CAH Cardinal Health Inc Options Chain 7.50 11.10 9.30
Profitability Analysis 3.67%
0.05 0.30 0.55 -0.10 207.21 205.00 2/13/2026 Yes 1/02 0.51 0.51 21 0 14 52 None
ESS Essex Property Trust Inc Options Chain 7.40 10.50 8.95
Profitability Analysis 3.76%
0.03 0.22 0.53 -0.08 261.68 260.00 2/20/2026 Yes 1/02 2.57 2.57 21 0 9 57 None
LOW Lowe`s Cos. Inc Options Chain 8.50 9.30 8.90
Profitability Analysis 2.85%
0.04 0.23 0.54 -0.08 243.17 240.00 2/20/2026 No 1/21 1.20 1.20 21 39 7 53 None
RGLD Royal Gold Inc Options Chain 7.60 10.10 8.85
Profitability Analysis 7.66%
0.04 0.35 0.44 -0.13 222.29 230.00 2/20/2026 Yes 1/02 0.45 0.47 21 9 11 67 None
ACN Accenture plc - Class A Options Chain 8.50 9.00 8.75
Profitability Analysis 3.99%
0.03 0.24 0.49 -0.09 269.63 270.00 2/20/2026 No 1/13 1.63 1.63 21 5 13 57 None
WSM Williams-Sonoma Inc Options Chain 7.40 9.00 8.20
Profitability Analysis 4.12%
0.05 0.32 0.51 -0.09 181.39 180.00 2/20/2026 No 1/16 0.66 0.66 21 19 15 61 None
DELL Dell Technologies Inc - Class C Options Chain 8.05 8.30 8.18
Profitability Analysis 4.54%
0.07 0.41 0.55 -0.08 127.90 125.00 2/20/2026 No 1/20 0.53 0.53 16 3 17 63 None
TOL Toll Brothers Inc Options Chain 6.90 7.30 7.10
Profitability Analysis 4.58%
0.05 0.33 0.55 -0.07 136.12 135.00 2/20/2026 Yes 1/09 0.25 0.25 21 4 8 56 None
CAH Cardinal Health Inc Options Chain 5.70 8.20 6.95
Profitability Analysis 4.95%
0.03 0.28 0.44 -0.08 207.21 210.00 2/20/2026 Yes 1/02 0.51 0.51 21 0 14 52 None
DELL Dell Technologies Inc - Class C Options Chain 6.35 7.40 6.88
Profitability Analysis 4.30%
0.05 0.43 0.52 -0.09 127.90 126.00 2/6/2026 No 1/20 0.53 0.53 16 3 17 63 None
ZTS Zoetis Inc - Class A Options Chain 6.50 7.10 6.80
Profitability Analysis 5.70%
0.05 0.34 0.55 -0.06 125.19 125.00 2/20/2026 Yes 1/20 0.50 0.53 21 12 14 64 None
RJF Raymond James Financial Inc Options Chain 6.30 7.10 6.70
Profitability Analysis 4.14%
0.04 0.26 0.55 -0.06 160.59 160.00 2/20/2026 Yes 1/02 0.50 0.54 21 0 16 63 None
MRVL Marvell Technology Inc Options Chain 6.10 6.30 6.20
Profitability Analysis 7.39%
0.07 0.47 0.55 -0.06 84.98 85.00 2/20/2026 No 1/09 0.06 0.06 20 0 13 55 None
LOW Lowe`s Cos. Inc Options Chain 4.50 7.60 6.05
Profitability Analysis 3.73%
0.02 0.22 0.45 -0.09 243.17 245.00 2/13/2026 No 1/21 1.20 1.20 21 39 7 53 None
PGR Progressive Corp Options Chain 3.90 6.60 5.25
Profitability Analysis 7.08%
0.02 0.22 0.51 -0.01 227.72 225.00 2/20/2026 Yes 1/02 0.10 13.60 22 1 17 74 None
STT State Street Corp Options Chain 4.20 6.20 5.20
Profitability Analysis 3.95%
0.04 0.30 0.49 -0.05 130.87 130.00 2/20/2026 Yes 1/02 0.84 0.84 21 0 13 65 None
NVT nVent Electric plc Options Chain 4.90 5.50 5.20
Profitability Analysis 8.28%
0.05 0.41 0.47 -0.07 101.97 105.00 2/20/2026 Yes 1/23 0.20 0.21 21 1 9 60 None
TOL Toll Brothers Inc Options Chain 4.70 5.10 4.90
Profitability Analysis 6.63%
0.04 0.33 0.42 -0.07 136.12 140.00 2/20/2026 Yes 1/09 0.25 0.25 21 4 8 56 None
CLX Clorox Company Options Chain 4.00 5.30 4.65
Profitability Analysis 5.10%
0.05 0.30 0.54 -0.04 100.75 100.00 2/20/2026 Yes 1/28 1.24 1.24 21 39 13 54 None
DRI Darden Restaurants Inc Options Chain 3.80 5.50 4.65
Profitability Analysis 3.87%
0.03 0.20 0.47 -0.05 184.02 185.00 2/20/2026 No 1/09 1.50 1.50 21 4 14 70 None
ESS Essex Property Trust Inc Options Chain 3.10 6.00 4.55
Profitability Analysis 5.90%
0.02 0.21 0.34 -0.07 261.68 270.00 2/20/2026 Yes 1/02 2.57 2.57 21 0 9 57 None
DG Dollar General Corp Options Chain 3.80 5.00 4.40
Profitability Analysis 3.18%
0.03 0.24 0.54 -0.06 132.77 132.00 2/6/2026 No 1/06 0.59 0.59 21 1 11 54 None
ZTS Zoetis Inc - Class A Options Chain 4.20 4.60 4.40
Profitability Analysis 7.78%
0.03 0.32 0.41 -0.06 125.19 130.00 2/20/2026 Yes 1/20 0.50 0.53 21 12 14 64 None
RJF Raymond James Financial Inc Options Chain 4.00 4.60 4.30
Profitability Analysis 5.76%
0.03 0.25 0.41 -0.06 160.59 165.00 2/20/2026 Yes 1/02 0.50 0.54 21 0 16 63 None
ABT Abbott Laboratories Options Chain 4.15 4.40 4.28
Profitability Analysis 3.17%
0.03 0.22 0.53 -0.04 125.92 125.00 2/20/2026 Yes 1/15 0.59 0.63 21 11 15 63 None
DG Dollar General Corp Options Chain 4.15 4.40 4.28
Profitability Analysis 5.35%
0.03 0.27 0.45 -0.05 132.77 135.00 2/20/2026 No 1/06 0.59 0.59 21 1 11 54 None
RY Royal Bank Of Canada Options Chain 4.00 4.40 4.20
Profitability Analysis 3.14%
0.02 0.16 0.53 -0.04 170.49 170.00 2/20/2026 No 1/26 1.54 1.64 21 14 13 65 None
EOG EOG Resources Inc Options Chain 3.60 4.60 4.10
Profitability Analysis 4.87%
0.04 0.28 0.50 -0.04 105.01 105.00 2/20/2026 No 1/16 1.02 1.02 29 7 11 68 None
AWK American Water Works Co. Inc Options Chain 3.60 4.50 4.05
Profitability Analysis 3.28%
0.03 0.20 0.53 -0.04 130.59 130.00 2/20/2026 Yes 2/10 0.83 0.83 21 11 10 59 None
A Agilent Technologies Inc Options Chain 3.50 4.10 3.80
Profitability Analysis 5.03%
0.03 0.26 0.41 -0.05 137.16 140.00 2/20/2026 No 1/06 0.25 0.26 21 1 11 59 None
PNR Pentair plc Options Chain 2.70 4.80 3.75
Profitability Analysis 4.69%
0.04 0.24 0.51 -0.04 104.14 105.00 2/20/2026 Yes 1/23 0.25 0.27 21 5 10 56 None
TJX TJX Companies Inc Options Chain 3.35 3.65 3.50
Profitability Analysis 1.89%
0.02 0.16 0.50 -0.04 155.98 155.00 2/20/2026 No 2/12 0.42 0.42 21 4 11 56 None
ACM AECOM Options Chain 2.90 4.00 3.45
Profitability Analysis 4.48%
0.04 0.29 0.45 -0.04 96.92 97.50 2/20/2026 Yes 1/07 0.26 0.31 17 3 11 53 None
ABT Abbott Laboratories Options Chain 2.94 3.90 3.42
Profitability Analysis 3.28%
0.03 0.24 0.48 -0.05 125.92 126.00 2/6/2026 Yes 1/15 0.59 0.63 21 11 15 63 None
WEC WEC Energy Group Inc Options Chain 2.65 3.80 3.23
Profitability Analysis 2.91%
0.03 0.18 0.55 -0.03 106.09 105.00 2/20/2026 Yes 2/13 0.89 0.95 21 9 10 72 None
PGR Progressive Corp Options Chain 2.80 3.50 3.15
Profitability Analysis 8.36%
0.01 0.22 0.33 -0.02 227.72 230.00 2/20/2026 Yes 1/02 0.10 13.60 22 1 17 74 None
BMO Bank of Montreal Options Chain 2.95 3.30 3.13
Profitability Analysis 3.30%
0.02 0.16 0.51 -0.03 130.50 130.00 2/20/2026 No 1/30 1.63 1.67 21 3 15 68 None
CARR Carrier Global Corp Options Chain 2.75 3.40 3.08
Profitability Analysis 4.47%
0.06 0.37 0.54 -0.03 53.43 52.50 2/20/2026 Yes 1/20 0.23 0.24 20 5 10 57 None
FCX Freeport-McMoRan Inc Options Chain 2.48 3.60 3.04
Profitability Analysis 5.80%
0.06 0.44 0.52 -0.03 51.22 51.00 2/13/2026 Yes 1/15 0.15 0.15 20 0 11 57 None
PEGA Pegasystems Inc Options Chain 2.45 3.50 2.98
Profitability Analysis 13.88%
0.05 0.52 0.38 -0.05 59.72 65.00 2/20/2026 Yes 1/02 0.03 0.03 21 0 12 51 None
PCAR Paccar Inc Options Chain 2.40 3.30 2.85
Profitability Analysis 6.64%
0.03 0.27 0.39 -0.04 109.51 113.60 2/20/2026 Yes 2/11 1.40 0.33 26 4 9 58 None
CSCO Cisco Systems Inc Options Chain 2.75 2.89 2.82
Profitability Analysis 4.69%
0.04 0.26 0.49 -0.03 77.11 77.50 2/20/2026 Yes 1/02 0.41 0.41 21 14 8 60 None
CLX Clorox Company Options Chain 2.55 3.00 2.78
Profitability Analysis 8.21%
0.03 0.31 0.37 -0.04 100.75 105.00 2/20/2026 Yes 1/28 1.24 1.24 21 39 13 54 None
CSCO Cisco Systems Inc Options Chain 1.79 3.20 2.50
Profitability Analysis 3.63%
0.03 0.24 0.51 -0.03 77.11 77.00 2/13/2026 Yes 1/02 0.41 0.41 21 14 8 60 None
NYT New York Times Co. - Class A Options Chain 2.00 2.90 2.45
Profitability Analysis 4.62%
0.04 0.26 0.49 -0.03 69.42 70.00 2/20/2026 Yes 1/06 0.18 0.18 21 6 12 53 None
CL Colgate-Palmolive Company Options Chain 1.75 2.50 2.13
Profitability Analysis 2.69%
0.03 0.22 0.50 -0.03 79.51 79.00 2/6/2026 Yes 1/21 0.52 0.52 21 39 12 65 None
CL Colgate-Palmolive Company Options Chain 1.90 2.05 1.98
Profitability Analysis 3.76%
0.02 0.20 0.45 -0.02 79.51 80.00 2/20/2026 Yes 1/21 0.52 0.52 21 39 12 65 None
TD Toronto Dominion Bank Options Chain 1.90 2.00 1.95
Profitability Analysis 2.13%
0.02 0.17 0.45 -0.02 95.99 95.00 2/20/2026 No 1/09 1.05 1.08 21 14 15 75 None
EIX Edison International Options Chain 1.70 2.15 1.93
Profitability Analysis 4.38%
0.03 0.24 0.49 -0.02 60.17 60.00 2/20/2026 Yes 1/07 0.83 0.88 21 0 14 76 None
RY Royal Bank Of Canada Options Chain 1.75 2.10 1.93
Profitability Analysis 4.74%
0.01 0.15 0.32 -0.03 170.49 175.00 2/20/2026 No 1/26 1.54 1.64 21 14 13 65 None
CARR Carrier Global Corp Options Chain 1.75 2.00 1.88
Profitability Analysis 6.91%
0.03 0.35 0.40 -0.03 53.43 55.00 2/20/2026 Yes 1/20 0.23 0.24 20 5 10 57 None
EOG EOG Resources Inc Options Chain 1.80 1.95 1.88
Profitability Analysis 7.51%
0.02 0.25 0.31 -0.03 105.01 110.00 2/20/2026 No 1/16 1.02 1.02 29 7 11 68 None
BMY Bristol-Myers Squibb Company Options Chain 1.50 1.93 1.72
Profitability Analysis 3.95%
0.03 0.28 0.48 -0.02 54.21 54.00 2/6/2026 Yes 1/02 0.62 0.63 21 3 10 60 None
AWK American Water Works Co. Inc Options Chain 1.05 2.15 1.60
Profitability Analysis 5.24%
0.01 0.17 0.31 -0.03 130.59 135.00 2/20/2026 Yes 2/10 0.83 0.83 21 11 10 59 None
SYY Sysco Corp Options Chain 1.15 1.80 1.48
Profitability Analysis 4.52%
0.02 0.19 0.40 -0.02 73.69 75.00 2/20/2026 Yes 1/02 0.54 0.54 21 9 9 53 None
CMCSA Comcast Corp - Class A Options Chain 1.26 1.39 1.33
Profitability Analysis 6.03%
0.04 0.32 0.50 -0.01 29.86 30.00 2/20/2026 Yes 1/14 0.33 0.33 21 5 10 53 None
WEC WEC Energy Group Inc Options Chain 0.80 1.20 1.00
Profitability Analysis 5.53%
0.01 0.17 0.25 -0.02 106.09 110.00 2/20/2026 Yes 2/13 0.89 0.95 21 9 10 72 None
KDP Keurig Dr Pepper Inc Options Chain 0.80 1.10 0.95
Profitability Analysis 3.77%
0.03 0.24 0.50 -0.01 28.12 28.00 2/20/2026 Yes 1/02 0.23 0.23 21 4 8 53 None
EIX Edison International Options Chain 0.75 1.15 0.95
Profitability Analysis 6.91%
0.02 0.23 0.30 -0.02 60.17 62.50 2/20/2026 Yes 1/07 0.83 0.88 21 0 14 76 None
VZ Verizon Communications Inc Options Chain 0.87 0.93 0.90
Profitability Analysis 4.72%
0.02 0.20 0.44 -0.01 40.67 41.00 2/20/2026 Yes 1/12 0.69 0.69 21 20 11 55 None
GIS General Mills Inc Options Chain 0.80 0.90 0.85
Profitability Analysis 4.86%
0.02 0.20 0.37 -0.01 46.69 47.50 2/20/2026 No 1/09 0.61 0.61 21 5 8 54 None
T AT&T Inc Options Chain 0.74 0.78 0.76
Profitability Analysis 4.86%
0.03 0.24 0.47 -0.01 24.83 25.00 2/20/2026 Yes 1/12 0.28 0.28 21 0 14 68 None
FE Firstenergy Corp Options Chain 0.55 0.75 0.65
Profitability Analysis 5.19%
0.01 0.18 0.34 -0.01 44.77 46.00 2/20/2026 No 2/06 0.45 0.45 21 2 8 61 None