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 26.05 29.60 27.83
Profitability Analysis 5.48%
0.05 0.35 0.53 -0.34 582.45 585.00 2/6/2026 Yes 1/20 1.51 1.51 21 11 9 60 None
MU Micron Technology Inc Options Chain 25.40 26.90 26.15
Profitability Analysis 9.05%
0.10 0.53 0.55 -0.26 276.27 275.00 1/30/2026 No 12/29 0.12 0.12 18 0 17 72 None
MU Micron Technology Inc Options Chain 17.95 18.75 18.35
Profitability Analysis 11.65%
0.06 0.53 0.43 -0.26 276.27 290.00 1/30/2026 No 12/29 0.12 0.12 18 0 17 72 None
MA Mastercard Incorporated - Class A Options Chain 15.60 20.15 17.88
Profitability Analysis 3.02%
0.03 0.21 0.55 -0.23 576.35 575.00 1/30/2026 Yes 1/09 0.76 0.87 21 13 9 61 None
AXP American Express Company Options Chain 14.15 17.70 15.93
Profitability Analysis 3.86%
0.04 0.27 0.55 -0.18 382.00 380.00 2/6/2026 Yes 1/02 0.82 0.82 21 3 10 69 None
MA Mastercard Incorporated - Class A Options Chain 12.80 17.50 15.15
Profitability Analysis 3.41%
0.03 0.21 0.50 -0.22 576.35 580.00 1/30/2026 Yes 1/09 0.76 0.87 21 13 9 61 None
HUM Humana Inc Options Chain 13.00 16.70 14.85
Profitability Analysis 5.40%
0.06 0.39 0.55 -0.17 256.86 255.00 1/30/2026 No 12/26 0.89 0.89 21 0 14 58 None
GE General Electric Company Options Chain 13.80 14.80 14.30
Profitability Analysis 4.48%
0.05 0.33 0.55 -0.19 315.53 315.00 1/30/2026 Yes 12/29 0.36 0.36 20 1 9 62 None
GE General Electric Company Options Chain 10.95 14.45 12.70
Profitability Analysis 5.56%
0.04 0.32 0.49 -0.17 315.53 320.00 2/6/2026 Yes 12/29 0.36 0.36 20 1 9 62 None
HUM Humana Inc Options Chain 10.20 14.70 12.45
Profitability Analysis 6.41%
0.05 0.39 0.49 -0.17 256.86 260.00 1/30/2026 No 12/26 0.89 0.89 21 0 14 58 None
AXP American Express Company Options Chain 11.75 12.75 12.25
Profitability Analysis 4.21%
0.03 0.27 0.49 -0.18 382.00 385.00 1/30/2026 Yes 1/02 0.82 0.82 21 3 10 69 None
ORCL Oracle Corp Options Chain 11.15 12.55 11.85
Profitability Analysis 6.15%
0.06 0.42 0.54 -0.14 195.34 195.00 1/30/2026 No 1/09 0.50 0.50 21 11 10 65 None
JPM JPMorgan Chase & Company Options Chain 9.65 11.45 10.55
Profitability Analysis 3.41%
0.03 0.24 0.52 -0.12 325.93 325.00 1/30/2026 Yes 1/06 1.50 1.50 21 14 11 78 None
ACN Accenture plc - Class A Options Chain 8.50 12.50 10.50
Profitability Analysis 4.20%
0.04 0.27 0.53 -0.11 270.77 270.00 2/6/2026 No 1/13 1.63 1.63 21 5 13 58 None
ORCL Oracle Corp Options Chain 9.40 9.90 9.65
Profitability Analysis 7.58%
0.05 0.43 0.46 -0.14 195.34 200.00 1/30/2026 No 1/09 0.50 0.50 21 11 10 65 None
DHR Danaher Corp Options Chain 7.90 11.10 9.50
Profitability Analysis 4.24%
0.04 0.27 0.54 -0.09 230.06 230.00 2/6/2026 Yes 12/26 0.32 0.32 21 7 9 56 None
DELL Dell Technologies Inc - Class C Options Chain 7.35 10.10 8.73
Profitability Analysis 6.77%
0.07 0.46 0.55 -0.07 127.62 127.00 2/6/2026 No 1/20 0.53 0.53 16 3 13 55 None
ACN Accenture plc - Class A Options Chain 6.00 10.00 8.00
Profitability Analysis 5.12%
0.03 0.26 0.44 -0.11 270.77 275.00 2/6/2026 No 1/13 1.63 1.63 21 5 13 58 None
JPM JPMorgan Chase & Company Options Chain 7.00 8.30 7.65
Profitability Analysis 4.06%
0.02 0.22 0.44 -0.12 325.93 330.00 1/30/2026 Yes 1/06 1.50 1.50 21 14 11 78 None
DELL Dell Technologies Inc - Class C Options Chain 6.25 6.95 6.60
Profitability Analysis 7.45%
0.05 0.44 0.48 -0.07 127.62 130.00 2/6/2026 No 1/20 0.53 0.53 16 3 13 55 None
DHR Danaher Corp Options Chain 5.60 7.20 6.40
Profitability Analysis 5.07%
0.03 0.26 0.44 -0.10 230.06 235.00 1/30/2026 Yes 12/26 0.32 0.32 21 7 9 56 None
LOW Lowe`s Cos. Inc Options Chain 4.55 6.75 5.65
Profitability Analysis 4.07%
0.02 0.21 0.43 -0.08 242.00 245.00 1/30/2026 No 1/21 1.20 1.20 21 39 7 46 None
MRVL Marvell Technology Inc Options Chain 5.05 5.95 5.50
Profitability Analysis 5.57%
0.06 0.47 0.55 -0.07 87.68 87.00 1/30/2026 No 1/09 0.06 0.06 20 0 9 56 None
DG Dollar General Corp Options Chain 3.80 5.80 4.80
Profitability Analysis 4.22%
0.04 0.26 0.54 -0.05 133.75 134.00 1/30/2026 No 1/06 0.59 0.59 21 1 13 61 None
PGR Progressive Corp Options Chain 2.70 6.80 4.75
Profitability Analysis 6.78%
0.02 0.30 0.51 -0.02 227.89 225.00 1/30/2026 No 1/02 0.10 13.60 22 1 16 74 None
ABT Abbott Laboratories Options Chain 3.15 4.40 3.78
Profitability Analysis 3.39%
0.03 0.22 0.53 -0.04 124.20 124.00 1/30/2026 Yes 1/15 0.59 0.63 21 11 11 55 None
DG Dollar General Corp Options Chain 2.90 4.30 3.60
Profitability Analysis 5.56%
0.03 0.27 0.44 -0.05 133.75 137.00 1/30/2026 No 1/06 0.59 0.59 21 1 13 61 None
EOG EOG Resources Inc Options Chain 2.90 3.50 3.20
Profitability Analysis 4.07%
0.03 0.25 0.51 -0.03 103.99 104.00 1/30/2026 No 1/16 1.02 1.02 29 7 11 68 None
PM Philip Morris International Inc Options Chain 2.45 3.60 3.03
Profitability Analysis 4.59%
0.02 0.20 0.37 -0.04 162.06 165.00 1/30/2026 No 12/26 1.47 1.47 20 17 10 69 None
ABT Abbott Laboratories Options Chain 2.23 3.40 2.82
Profitability Analysis 4.23%
0.02 0.22 0.44 -0.04 124.20 126.00 1/30/2026 Yes 1/15 0.59 0.63 21 11 11 55 None
EOG EOG Resources Inc Options Chain 2.35 3.10 2.73
Profitability Analysis 4.58%
0.03 0.25 0.46 -0.03 103.99 105.00 1/30/2026 No 1/16 1.02 1.02 29 7 11 68 None
PGR Progressive Corp Options Chain 0.50 4.60 2.55
Profitability Analysis 8.01%
0.01 0.20 0.34 -0.03 227.89 230.00 1/30/2026 No 1/02 0.10 13.60 22 1 16 74 None
FCX Freeport-McMoRan Inc Options Chain 2.21 2.51 2.36
Profitability Analysis 5.03%
0.05 0.38 0.50 -0.03 51.90 52.00 1/30/2026 Yes 1/15 0.15 0.15 20 0 11 62 None
MDT Medtronic Plc Options Chain 1.96 2.71 2.34
Profitability Analysis 2.65%
0.02 0.18 0.53 -0.02 97.47 97.00 1/30/2026 No 12/26 0.71 0.71 20 11 12 63 None
NTR Nutrien Ltd Options Chain 1.95 2.55 2.25
Profitability Analysis 3.43%
0.04 0.25 0.54 -0.02 63.61 63.00 1/30/2026 No 12/31 0.55 0.55 21 7 11 64 None
CL Colgate-Palmolive Company Options Chain 1.70 2.60 2.15
Profitability Analysis 3.43%
0.03 0.22 0.49 -0.03 79.93 80.00 1/30/2026 Yes 1/21 0.52 0.52 21 39 9 58 None
BMY Bristol-Myers Squibb Company Options Chain 1.65 2.40 2.03
Profitability Analysis 4.38%
0.04 0.26 0.53 -0.02 54.28 54.00 2/6/2026 Yes 1/02 0.62 0.63 21 3 10 60 None
CSCO Cisco Systems Inc Options Chain 1.77 1.90 1.84
Profitability Analysis 2.86%
0.02 0.20 0.51 -0.03 78.02 78.00 1/30/2026 No 1/02 0.41 0.41 21 14 10 66 None
MDT Medtronic Plc Options Chain 1.39 2.20 1.80
Profitability Analysis 3.12%
0.02 0.18 0.45 -0.02 97.47 98.00 1/30/2026 No 12/26 0.71 0.71 20 11 12 63 None
NTR Nutrien Ltd Options Chain 1.50 2.05 1.78
Profitability Analysis 4.27%
0.03 0.26 0.46 -0.02 63.61 64.00 1/30/2026 No 12/31 0.55 0.55 21 7 11 64 None
BMY Bristol-Myers Squibb Company Options Chain 1.15 1.90 1.53
Profitability Analysis 5.31%
0.03 0.26 0.45 -0.02 54.28 55.00 2/6/2026 Yes 1/02 0.62 0.63 21 3 10 60 None
CL Colgate-Palmolive Company Options Chain 1.00 2.00 1.50
Profitability Analysis 3.87%
0.02 0.20 0.42 -0.03 79.93 81.00 1/30/2026 Yes 1/21 0.52 0.52 21 39 9 58 None
MO Altria Group Inc Options Chain 1.27 1.57 1.42
Profitability Analysis 2.86%
0.02 0.19 0.55 -0.01 58.80 58.00 1/30/2026 Yes 12/26 1.06 1.06 21 15 9 60 None
MDLZ Mondelez International Inc - Class A Options Chain 0.70 1.85 1.28
Profitability Analysis 3.01%
0.02 0.20 0.51 -0.02 54.15 54.00 1/30/2026 No 12/31 0.50 0.50 21 11 5 54 None
USB U.S. Bancorp. Options Chain 1.04 1.40 1.22
Profitability Analysis 4.09%
0.02 0.21 0.45 -0.02 54.51 55.00 1/30/2026 Yes 12/31 0.52 0.52 21 14 15 74 None
CMCSA Comcast Corp - Class A Options Chain 1.13 1.20 1.17
Profitability Analysis 7.22%
0.04 0.37 0.46 -0.02 29.38 30.00 1/30/2026 Yes 1/14 0.33 0.33 21 5 13 63 None
MO Altria Group Inc Options Chain 0.91 1.05 0.98
Profitability Analysis 3.81%
0.02 0.19 0.41 -0.01 58.80 59.00 1/30/2026 Yes 12/26 1.06 1.06 21 15 9 60 None
VZ Verizon Communications Inc Options Chain 0.87 0.97 0.92
Profitability Analysis 4.23%
0.02 0.19 0.46 -0.01 39.92 40.00 1/30/2026 Yes 1/12 0.69 0.69 21 20 14 64 None
MDLZ Mondelez International Inc - Class A Options Chain 0.45 1.35 0.90
Profitability Analysis 4.16%
0.02 0.18 0.39 -0.01 54.15 55.00 1/30/2026 No 12/31 0.50 0.50 21 11 5 54 None
VZ Verizon Communications Inc Options Chain 0.51 0.52 0.52
Profitability Analysis 5.74%
0.01 0.21 0.30 -0.01 39.92 41.00 1/30/2026 Yes 1/12 0.69 0.69 21 20 14 64 None