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 41.35 47.10 44.23
Profitability Analysis 5.47%
0.06 0.48 0.53 -0.61 735.64 730.00 11/20/2026 Yes 10/19 1.51 1.63 20 12 10 67 None
CAT Caterpillar Inc Options Chain 38.70 47.90 43.30
Profitability Analysis 6.02%
0.06 0.44 0.52 -0.55 735.64 735.00 11/27/2026 Yes 10/19 1.51 1.63 20 12 10 67 None
DELL Dell Technologies Inc - Class C Options Chain 38.75 42.60 40.68
Profitability Analysis 4.84%
0.09 0.67 0.54 -0.52 473.39 455.00 11/27/2026 Yes 10/20 0.63 0.63 19 4 14 59 None
AMAT Applied Materials Inc Options Chain 27.10 31.20 29.15
Profitability Analysis 2.97%
0.07 0.53 0.54 -0.36 427.00 410.00 11/27/2026 Yes 11/19 0.53 0.53 21 8 16 67
Dividend Stock List
CMI Cummins Inc Options Chain 26.00 29.50 27.75
Profitability Analysis 5.11%
0.05 0.39 0.55 -0.40 532.73 530.00 11/20/2026 Yes 11/20 2.00 2.20 20 20 9 64 None
MSFT Microsoft Corporation Options Chain 23.35 25.40 24.38
Profitability Analysis 2.51%
0.05 0.31 0.55 -0.27 536.88 525.00 11/27/2026 Yes 11/19 0.91 0.98 21 21 11 66 None
CMI Cummins Inc Options Chain 21.40 24.70 23.05
Profitability Analysis 6.10%
0.04 0.39 0.49 -0.40 532.73 540.00 11/20/2026 Yes 11/20 2.00 2.20 20 20 9 64 None
MSFT Microsoft Corporation Options Chain 21.20 23.45 22.33
Profitability Analysis 3.06%
0.04 0.31 0.52 -0.27 536.88 530.00 11/27/2026 Yes 11/19 0.91 0.98 21 21 11 66 None
TXN Texas Instruments Inc Options Chain 16.70 19.70 18.20
Profitability Analysis 6.60%
0.07 0.47 0.54 -0.20 276.48 275.00 11/27/2026 Yes 10/30 1.42 1.52 21 22 12 66 None
TXN Texas Instruments Inc Options Chain 14.45 17.35 15.90
Profitability Analysis 7.57%
0.06 0.47 0.49 -0.20 276.48 280.00 11/27/2026 Yes 10/30 1.42 1.52 21 22 12 66 None
ENTG Entegris Inc Options Chain 11.00 12.60 11.80
Profitability Analysis 3.42%
0.08 0.69 0.54 -0.19 146.87 140.00 11/20/2026 Yes 10/28 0.10 0.10 20 0 9 21 None
GLW Corning Inc Options Chain 8.90 10.00 9.45
Profitability Analysis 4.55%
0.07 0.58 0.51 -0.14 138.43 135.00 11/27/2026 Yes 11/13 0.28 0.28 21 0 10 54 None
NVT nVent Electric plc Options Chain 8.80 10.00 9.40
Profitability Analysis 8.86%
0.06 0.50 0.55 -0.15 142.03 145.00 11/20/2026 Yes 10/23 0.21 0.21 21 2 8 58 None
JNJ Johnson & Johnson Options Chain 8.15 9.25 8.70
Profitability Analysis 4.39%
0.03 0.24 0.53 -0.10 253.90 255.00 11/27/2026 No 11/24 1.34 1.34 21 43 9 66 None
TEL TE Connectivity plc Options Chain 6.00 9.00 7.50
Profitability Analysis 7.36%
0.03 0.39 0.43 -0.15 212.64 220.00 11/20/2026 Yes 11/20 0.78 0.78 21 15 12 67 None
MCD McDonald`s Corp Options Chain 7.00 7.75 7.38
Profitability Analysis 4.89%
0.03 0.23 0.50 -0.11 242.45 245.00 11/27/2026 Yes 12/01 1.86 1.93 21 46 9 52 None
TGT Target Corp Options Chain 6.95 7.30 7.13
Profitability Analysis 5.85%
0.05 0.41 0.50 -0.10 154.26 155.00 11/20/2026 Yes 11/10 1.16 1.16 21 40 15 72 None
TMUS T-Mobile US Inc Options Chain 6.30 7.50 6.90
Profitability Analysis 5.64%
0.04 0.37 0.50 -0.10 159.10 160.00 11/20/2026 Yes 11/25 1.02 1.17 13 3 12 77 None
JNJ Johnson & Johnson Options Chain 5.85 6.75 6.30
Profitability Analysis 5.41%
0.02 0.24 0.43 -0.10 253.90 260.00 11/27/2026 No 11/24 1.34 1.34 21 43 9 66 None
TJX TJX Companies Inc Options Chain 5.30 6.50 5.90
Profitability Analysis 3.43%
0.04 0.27 0.55 -0.07 147.33 146.00 11/27/2026 Yes 11/12 0.48 0.48 21 5 13 62 None
TJX TJX Companies Inc Options Chain 4.10 6.10 5.10
Profitability Analysis 4.92%
0.03 0.30 0.47 -0.07 147.33 149.00 11/27/2026 Yes 11/12 0.48 0.48 21 5 13 62 None
CVS CVS Health Corp Options Chain 4.00 5.20 4.60
Profitability Analysis 5.06%
0.05 0.35 0.54 -0.05 92.58 92.00 11/27/2026 Yes 10/22 0.67 0.67 21 0 11 64 None
PCAR Paccar Inc Options Chain 3.30 5.10 4.20
Profitability Analysis 4.13%
0.04 0.28 0.54 -0.05 110.01 110.00 11/20/2026 Yes 11/10 0.35 0.35 26 5 10 62 None
PG Procter & Gamble Company Options Chain 3.60 4.25 3.93
Profitability Analysis 3.56%
0.02 0.21 0.47 -0.05 159.35 160.00 11/27/2026 Yes 10/23 1.09 1.09 21 40 8 67 None
CVS CVS Health Corp Options Chain 3.80 3.90 3.85
Profitability Analysis 4.79%
0.04 0.35 0.51 -0.05 92.58 92.50 11/20/2026 Yes 10/22 0.67 0.67 21 0 11 64 None
ZTS Zoetis Inc - Class A Options Chain 3.30 4.20 3.75
Profitability Analysis 6.17%
0.05 0.46 0.47 -0.06 79.38 80.00 11/20/2026 Yes 10/30 0.53 0.53 21 13 15 64 None
RY Royal Bank Of Canada Options Chain 3.10 4.00 3.55
Profitability Analysis 3.80%
0.02 0.19 0.43 -0.06 197.80 200.00 11/20/2026 No 10/26 1.76 1.76 21 15 12 73 None
BG Bunge Global SA Options Chain 2.85 3.80 3.33
Profitability Analysis 6.59%
0.03 0.37 0.40 -0.07 107.00 110.00 11/20/2026 Yes 11/17 0.72 0.72 22 5 12 71 None
CARR Carrier Global Corp Options Chain 2.55 3.10 2.83
Profitability Analysis 5.66%
0.05 0.38 0.52 -0.03 54.96 55.00 11/27/2026 Yes 10/29 0.24 0.24 21 0 9 62 None
EQT EQT Corp Options Chain 2.28 2.75 2.52
Profitability Analysis 8.07%
0.05 0.32 0.54 -0.03 52.45 54.00 11/27/2026 Yes 11/04 0.17 0.17 19 4 15 69 None
EQNR Equinor ASA Options Chain 2.20 2.40 2.30
Profitability Analysis 10.62%
0.05 0.41 0.51 -0.03 44.92 47.00 11/20/2026 Yes 11/16 0.39 0.39 33 4 13 61 None
KR Kroger Company Options Chain 1.90 2.57 2.24
Profitability Analysis 6.20%
0.04 0.28 0.49 -0.03 62.74 64.00 11/27/2026 No 11/16 0.39 0.39 21 19 10 55 None
PCAR Paccar Inc Options Chain 1.65 2.65 2.15
Profitability Analysis 6.81%
0.02 0.28 0.34 -0.05 110.01 115.00 11/20/2026 Yes 11/10 0.35 0.35 26 5 10 62 None
EQT EQT Corp Options Chain 1.93 2.05 1.99
Profitability Analysis 8.97%
0.04 0.34 0.47 -0.03 52.45 55.00 11/20/2026 Yes 11/04 0.17 0.17 19 4 15 69 None
IP International Paper Company Options Chain 1.45 2.15 1.80
Profitability Analysis 6.34%
0.05 0.42 0.51 -0.02 34.10 34.00 11/27/2026 Yes 11/16 0.46 0.46 21 0 6 60 None
CSX CSX Corp Options Chain 0.85 2.55 1.70
Profitability Analysis 4.42%
0.03 0.27 0.50 -0.02 48.69 49.00 11/27/2026 Yes 11/30 0.14 0.14 21 21 8 60 None
MET Metlife Inc Options Chain 1.50 1.90 1.70
Profitability Analysis 7.24%
0.02 0.25 0.34 -0.04 100.05 105.00 11/20/2026 Yes 11/03 0.59 0.59 21 13 15 62 None
IP International Paper Company Options Chain 1.25 1.55 1.40
Profitability Analysis 8.10%
0.04 0.46 0.43 -0.02 34.10 35.00 11/20/2026 Yes 11/16 0.46 0.46 21 0 6 60 None
DUK Duke Energy Corp Options Chain 1.15 1.30 1.23
Profitability Analysis 7.10%
0.01 0.17 0.31 -0.03 118.88 125.00 11/20/2026 Yes 11/13 1.08 1.08 21 18 8 67 None
CNP Centerpoint Energy Inc Options Chain 0.70 0.95 0.83
Profitability Analysis 5.70%
0.02 0.21 0.44 -0.01 39.80 41.00 11/20/2026 Yes 11/19 0.24 0.24 21 4 7 58 None
FAST Fastenal Company Options Chain 0.55 1.05 0.80
Profitability Analysis 6.31%
0.02 0.23 0.34 -0.02 50.38 52.50 11/20/2026 No 10/28 0.24 0.26 21 27 13 55 None
EPD Enterprise Products Partners L P Options Chain 0.57 0.99 0.78
Profitability Analysis 7.79%
0.02 0.19 0.42 -0.01 35.57 37.00 11/27/2026 Yes 10/30 0.56 0.56 21 28 12 67 None