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
CAT Caterpillar Inc Options Chain 42.60 47.10 44.85
Profitability Analysis 5.78%
0.06 0.38 0.55 -0.48 790.66 790.00 5/29/2026 Yes 4/20 1.51 1.51 20 12 7 62 None
CAT Caterpillar Inc Options Chain 38.70 45.75 42.23
Profitability Analysis 6.08%
0.05 0.38 0.53 -0.48 790.66 795.00 5/29/2026 Yes 4/20 1.51 1.51 20 12 7 62 None
AMAT Applied Materials Inc Options Chain 30.45 34.00 32.23
Profitability Analysis 7.50%
0.08 0.56 0.55 -0.37 397.90 395.00 5/29/2026 Yes 5/21 0.46 0.53 21 8 17 65
Dividend Stock List
AMAT Applied Materials Inc Options Chain 28.60 31.55 30.08
Profitability Analysis 8.22%
0.08 0.56 0.53 -0.37 397.90 400.00 5/29/2026 Yes 5/21 0.46 0.53 21 8 17 65
Dividend Stock List
MSFT Microsoft Corporation Options Chain 17.90 18.15 18.03
Profitability Analysis 10.95%
0.05 0.36 0.51 -0.26 373.10 395.00 5/22/2026 Yes 5/21 0.91 0.91 21 21 15 72 None
DELL Dell Technologies Inc - Class C Options Chain 13.80 15.95 14.88
Profitability Analysis 10.22%
0.08 0.57 0.54 -0.17 181.91 185.00 5/29/2026 No 4/21 0.53 0.63 17 4 15 61 None
TEL TE Connectivity plc Options Chain 10.70 12.20 11.45
Profitability Analysis 10.33%
0.05 0.45 0.50 -0.22 228.62 240.00 5/15/2026 Yes 5/22 0.71 0.78 21 15 10 61 None
LH Laboratory Corp Of America Holdings Options Chain 9.10 10.30 9.70
Profitability Analysis 2.88%
0.04 0.32 0.51 -0.17 272.58 270.00 5/15/2026 Yes 5/29 0.72 0.72 16 0 13 67 None
LOW Lowe`s Cos. Inc Options Chain 8.20 9.70 8.95
Profitability Analysis 4.36%
0.04 0.31 0.49 -0.12 249.27 250.00 5/22/2026 Yes 4/22 1.20 1.20 21 40 8 61 None
TMUS T-Mobile US Inc Options Chain 8.10 9.50 8.80
Profitability Analysis 0.66%
0.05 0.33 0.53 -0.10 198.50 190.00 5/29/2026 Yes 5/29 1.02 1.02 11 3 11 74 None
WSM Williams-Sonoma Inc Options Chain 7.60 8.50 8.05
Profitability Analysis 6.53%
0.04 0.38 0.51 -0.15 191.31 195.00 5/15/2026 No 4/17 0.66 0.76 21 20 10 57 None
NVT nVent Electric plc Options Chain 7.50 8.00 7.75
Profitability Analysis 9.97%
0.06 0.50 0.52 -0.13 130.00 135.00 5/15/2026 Yes 4/24 0.21 0.21 21 2 8 58 None
TGT Target Corp Options Chain 6.05 7.60 6.83
Profitability Analysis 2.00%
0.06 0.39 0.54 -0.06 123.50 118.00 5/29/2026 Yes 5/13 1.14 1.14 21 40 13 64 None
C Citigroup Inc Options Chain 5.15 6.75 5.95
Profitability Analysis 8.53%
0.05 0.31 0.54 -0.06 124.90 129.00 5/29/2026 Yes 5/04 0.60 0.60 21 3 14 76 None
STZ Constellation Brands Inc - Class A Options Chain 5.00 6.60 5.80
Profitability Analysis 5.59%
0.04 0.26 0.50 -0.06 162.72 165.00 5/29/2026 No 4/29 1.02 1.02 20 11 8 60 None
SQM Sociedad Quimica Y Minera de Chile S.A. Options Chain 5.30 6.20 5.75
Profitability Analysis 15.63%
0.06 0.62 0.50 -0.10 83.00 90.00 5/15/2026 No 5/08 0.50 0.22 15 0 12 59 None
EOG EOG Resources Inc Options Chain 4.70 6.70 5.70
Profitability Analysis 1.35%
0.04 0.29 0.54 -0.06 138.85 134.00 5/29/2026 Yes 4/16 1.02 1.02 29 8 10 66 None
TGT Target Corp Options Chain 4.90 6.40 5.65
Profitability Analysis 2.66%
0.05 0.38 0.49 -0.06 123.50 120.00 5/29/2026 Yes 5/13 1.14 1.14 21 40 13 64 None
WMT Walmart Inc Options Chain 4.95 6.10 5.53
Profitability Analysis 1.39%
0.04 0.30 0.53 -0.06 128.98 125.00 5/29/2026 Yes 5/08 0.25 0.25 23 42 8 58 None
TJX TJX Companies Inc Options Chain 4.80 6.20 5.50
Profitability Analysis 0.46%
0.03 0.25 0.52 -0.06 165.22 160.00 5/29/2026 Yes 5/14 0.42 0.48 21 5 12 56 None
C Citigroup Inc Options Chain 4.80 5.95 5.38
Profitability Analysis 8.87%
0.04 0.31 0.51 -0.06 124.90 130.00 5/29/2026 Yes 5/04 0.60 0.60 21 3 14 76 None
LEN Lennar Corp - Class A Options Chain 4.60 5.50 5.05
Profitability Analysis 6.32%
0.06 0.39 0.54 -0.06 88.93 89.00 5/29/2026 No 4/22 0.50 0.50 20 0 14 67 None
WMT Walmart Inc Options Chain 3.95 5.20 4.58
Profitability Analysis 1.43%
0.04 0.28 0.50 -0.06 128.98 126.00 5/29/2026 Yes 5/08 0.25 0.25 23 42 8 58 None
ZTS Zoetis Inc - Class A Options Chain 3.90 4.50 4.20
Profitability Analysis 8.47%
0.03 0.41 0.42 -0.09 119.60 125.00 5/15/2026 Yes 4/20 0.53 0.53 21 13 14 63 None
CLX Clorox Company Options Chain 3.50 3.90 3.70
Profitability Analysis 1.91%
0.04 0.36 0.47 -0.06 107.88 105.00 5/15/2026 Yes 4/22 1.24 1.24 21 40 13 54 None
ETR Entergy Corp Options Chain 3.40 3.80 3.60
Profitability Analysis 1.09%
0.03 0.24 0.54 -0.05 117.95 115.00 5/15/2026 Yes 5/01 0.64 0.64 20 11 7 63 None
TJX TJX Companies Inc Options Chain 2.65 3.90 3.28
Profitability Analysis 2.14%
0.02 0.24 0.37 -0.05 165.22 165.00 5/29/2026 Yes 5/14 0.42 0.48 21 5 12 56 None
RY Royal Bank Of Canada Options Chain 2.75 3.30 3.03
Profitability Analysis 4.89%
0.02 0.17 0.47 -0.04 171.30 175.00 5/15/2026 No 4/23 1.64 1.64 21 15 12 74 None
PNR Pentair plc Options Chain 2.55 3.40 2.98
Profitability Analysis 5.85%
0.03 0.35 0.45 -0.06 90.46 92.50 5/15/2026 Yes 4/17 0.27 0.27 21 6 9 58 None
CL Colgate-Palmolive Company Options Chain 2.60 3.20 2.90
Profitability Analysis 3.66%
0.03 0.24 0.53 -0.03 84.34 84.00 5/29/2026 Yes 4/20 0.52 0.53 21 40 9 62 None
DOW Dow Inc Options Chain 2.53 3.05 2.79
Profitability Analysis 10.87%
0.07 0.51 0.53 -0.03 38.01 39.00 5/29/2026 Yes 5/29 0.35 0.35 20 0 6 47 None
KR Kroger Company Options Chain 2.27 3.15 2.71
Profitability Analysis -0.55%
0.04 0.26 0.55 -0.03 70.45 67.00 5/29/2026 No 5/15 0.35 0.35 21 19 9 53 None
UNM Unum Group Options Chain 2.35 3.00 2.68
Profitability Analysis 5.23%
0.03 0.30 0.52 -0.05 76.63 77.50 5/15/2026 Yes 4/24 0.46 0.46 20 17 10 69 None
CL Colgate-Palmolive Company Options Chain 2.05 3.30 2.68
Profitability Analysis 4.59%
0.03 0.26 0.47 -0.03 84.34 85.00 5/29/2026 Yes 4/20 0.52 0.53 21 40 9 62 None
APA APA Corporation Options Chain 2.46 2.82 2.64
Profitability Analysis 2.89%
0.07 0.52 0.53 -0.03 38.77 37.00 5/29/2026 Yes 4/22 0.25 0.25 21 0 9 51 None
DOW Dow Inc Options Chain 2.06 2.65 2.36
Profitability Analysis 12.37%
0.06 0.51 0.47 -0.03 38.01 40.00 5/29/2026 Yes 5/29 0.35 0.35 20 0 6 47 None
BMO Bank of Montreal Options Chain 2.10 2.35 2.23
Profitability Analysis 6.65%
0.01 0.19 0.40 -0.04 144.31 150.00 5/15/2026 No 4/29 1.67 1.67 21 4 14 70 None
APA APA Corporation Options Chain 1.98 2.41 2.20
Profitability Analysis 4.33%
0.06 0.51 0.47 -0.03 38.77 38.00 5/29/2026 Yes 4/22 0.25 0.25 21 0 9 51 None
EQNR Equinor ASA Options Chain 2.00 2.15 2.08
Profitability Analysis 5.72%
0.05 0.48 0.52 -0.03 38.28 38.00 5/15/2026 Yes 5/15 0.37 0.39 33 4 8 51 None
KR Kroger Company Options Chain 1.76 2.06 1.91
Profitability Analysis -0.98%
0.03 0.25 0.51 -0.04 70.45 67.50 5/15/2026 No 5/15 0.35 0.35 21 19 9 53 None
UNM Unum Group Options Chain 1.35 1.85 1.60
Profitability Analysis 7.09%
0.02 0.29 0.39 -0.04 76.63 80.00 5/15/2026 Yes 4/24 0.46 0.46 20 17 10 69 None
ETR Entergy Corp Options Chain 1.35 1.70 1.53
Profitability Analysis 3.58%
0.01 0.24 0.31 -0.04 117.95 120.00 5/15/2026 Yes 5/01 0.64 0.64 20 11 7 63 None
HMY Harmony Gold Mining Co Ltd Options Chain 0.90 1.15 1.03
Profitability Analysis 9.83%
0.06 0.56 0.51 -0.01 16.70 17.00 5/15/2026 Yes 4/24 0.09 0.31 10 3 21 50
Growth Stock List
ING ING Groep N.V. Options Chain 0.90 1.00 0.95
Profitability Analysis 7.65%
0.03 0.28 0.53 -0.01 28.64 29.00 5/15/2026 Yes 4/17 0.20 0.88 13 3 9 54 None
HMY Harmony Gold Mining Co Ltd Options Chain 0.55 0.85 0.70
Profitability Analysis 13.85%
0.04 0.59 0.37 -0.01 16.70 18.00 5/15/2026 Yes 4/24 0.09 0.31 10 3 21 50
Growth Stock List
NI NiSource Inc Options Chain 0.20 1.05 0.63
Profitability Analysis 4.77%
0.01 0.21 0.21 -0.01 48.61 50.00 5/15/2026 Yes 4/30 0.30 0.30 21 9 7 58 None
ING ING Groep N.V. Options Chain 0.50 0.60 0.55
Profitability Analysis 9.74%
0.02 0.28 0.37 -0.01 28.64 30.00 5/15/2026 Yes 4/17 0.20 0.88 13 3 9 54 None