Best Dividend Stocks for Option Income

This report lists what Tim considers to be the best dividend stocks for producing option 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 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. 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 or cash-secured puts on. The report also has direct links to the options chain page for each stock as well.



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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 RCI Rogers Communications Inc - Class B 27.58 39.99 22.86 20.65% 6/09 Yes 2.00 7.21% 0.00% 0.00% 0.00% 29.97% 83.68% Options Chain 1.43 2.50 0.09 16 55 None
2 UNH Unitedhealth Group Inc 306.29 621.24 247.13 23.94% 6/16 Yes 8.51 2.82% 8.07% 3.96% 12.09% 23.95% 35.83% Options Chain 19.78 26.23 0.09 14 69 None
3 NKE Nike Inc - Class B 59.51 95.97 51.93 14.60% 6/02 Yes 1.57 2.63% 5.96% 2.94% 9.08% 15.51% 52.51% Options Chain 4.08 4.83 0.08 16 50 None
4 FDX Fedex Corp 223.30 309.09 194.29 14.93% 6/23 Yes 5.52 2.47% 7.41% 3.64% 18.92% 16.72% 34.72% Options Chain 12.68 14.98 0.07 14 55 None
5 BKR Baker Hughes Co - Class A 39.00 48.85 31.72 22.95% 5/06 Yes 0.88 2.26% 9.52% 4.65% 6.32% 2.60% 30.03% Options Chain 2.23 2.55 0.07 12 56 None
6 MRK Merck & Co Inc 79.29 130.23 72.58 9.24% 6/16 Yes 3.20 4.04% 3.85% 1.90% 5.25% 9.17% 46.51% Options Chain 4.50 5.13 0.06 15 64 None
7 NLY Annaly Capital Management Inc 19.18 21.36 16.60 15.54% 6/30 Yes 2.65 13.85% 7.69% 3.77% -5.56% -0.43% 288.04% Options Chain 1.24 0.81 0.06 10 46 None
8 CHRW C.H. Robinson Worldwide Inc 92.63 113.35 82.18 12.72% 6/06 Yes 2.48 2.68% 0.81% 0.41% 4.50% 15.17% 59.19% Options Chain 3.80 5.65 0.06 14 47 None
9 AMGN AMGEN Inc 289.33 336.01 249.07 16.16% 5/16 Yes 9.26 3.20% 5.78% 2.85% 7.84% 16.50% 84.34% Options Chain 15.23 17.43 0.06 11 61 None
10 TGT Target Corp 95.26 162.93 86.36 10.31% 8/13 No 4.48 4.69% 2.70% 1.34% 9.60% 11.54% 49.18% Options Chain 5.70 5.45 0.06 14 57 None
11 JNPR Juniper Networks Inc 35.85 39.07 33.22 7.92% 6/02 Yes 0.88 2.45% 0.00% 0.00% 2.41% 9.16% 83.81% Options Chain 2.13 2.08 0.06 15 49 None
12 BAH Booz Allen Hamilton Holding Corp - Class A 99.97 188.04 99.13 0.85% 6/11 Yes 2.12 2.12% 7.84% 3.85% 10.42% 15.55% 29.24% Options Chain 3.80 5.90 0.06 16 56 None
13 GSK GSK Plc 38.64 43.19 31.01 24.60% 5/16 Yes 1.60 4.14% 10.10% 4.93% -11.09% 0.33% 78.40% Options Chain 2.25 1.93 0.06 12 54 None
14 FITB Fifth Third Bancorp 38.78 48.18 32.25 20.25% 6/30 Yes 1.46 3.76% 2.78% 1.38% 6.74% 8.29% 46.35% Options Chain 2.10 1.85 0.05 10 65 None
15 COP Conoco Phillips 93.80 115.03 79.21 18.42% 5/19 Yes 3.12 3.33% 0.00% 0.00% 12.47% 5.93% 39.54% Options Chain 5.05 5.00 0.05 12 66 None
16 TROW T. Rowe Price Group Inc 91.27 121.15 76.80 18.84% 6/13 Yes 5.02 5.39% 2.42% 1.20% 4.13% 17.19% 56.66% Options Chain 3.40 4.85 0.05 20 62
Dividend Stock List
17 CMCSA Comcast Corp - Class A 34.26 44.53 31.44 8.97% 7/02 Yes 1.26 3.68% 8.20% 4.02% 7.73% 29.38% 31.27% Options Chain 1.33 1.81 0.05 12 64 None
18 BDX Becton Dickinson & Company 168.42 249.34 162.35 3.74% 6/09 Yes 4.07 2.42% 6.94% 3.41% 5.48% 10.58% 78.88% Options Chain 8.05 8.40 0.05 12 54 None
19 EOG EOG Resources Inc 123.78 136.61 101.59 21.84% 10/17 No 3.77 3.05% 8.38% 9.34% 25.07% 15.56% 34.88% Options Chain 6.10 6.00 0.05 15 68
Dividend Stock List
20 TSN Tyson Foods Inc - Class A 54.47 65.23 53.09 2.60% 8/29 No 1.99 3.66% 1.52% 0.76% 2.74% 17.72% 78.04% Options Chain 2.68 2.28 0.05 13 62 None
21 GIS General Mills Inc 52.96 73.73 52.39 1.09% 4/10 Yes 2.40 4.53% 0.84% 0.42% 4.15% 7.59% 52.75% Options Chain 2.58 2.30 0.05 12 57 None
22 MET Metlife Inc 78.55 87.83 64.73 21.35% 5/06 Yes 2.20 2.80% 5.34% 2.63% 4.55% 7.13% 35.99% Options Chain 3.03 3.75 0.05 20 73 None
23 OMC Omnicom Group Inc 69.42 104.25 68.37 1.54% 6/10 Yes 2.80 3.98% 0.00% 0.00% 0.00% 10.60% 38.15% Options Chain 3.00 3.23 0.05 14 60 None
24 SPG Simon Property Group Inc 157.10 185.37 134.57 16.74% 6/09 Yes 8.35 5.31% 3.70% 1.84% 9.47% 5.13% 132.96% Options Chain 5.40 7.25 0.05 9 73 None
25 VZ Verizon Communications Inc 41.67 46.61 36.83 13.14% 7/10 Yes 2.70 6.47% 1.40% 0.70% 1.81% 2.99% 64.53% Options Chain 1.40 1.85 0.04 14 65 None
26 OKE Oneok Inc 81.17 115.36 74.38 9.13% 5/05 No 4.04 4.90% 4.04% 2.00% 2.45% 7.04% 80.48% Options Chain 2.20 3.58 0.04 13 74 None
27 ARE Alexandria Real Estate Equities Inc 71.37 125.25 67.37 5.94% 6/30 Yes 5.24 7.34% 1.73% 0.86% 4.19% 3.89% 689.47% Options Chain 3.13 2.85 0.04 14 69 None
28 GLPI Gaming and Leisure Properties Inc 46.39 50.60 40.84 13.59% 6/13 Yes 3.06 6.60% 2.63% 1.31% 4.07% 3.87% 108.13% Options Chain 2.00 0.04 12 65 None
29 CVX Chevron Corp 148.19 166.93 130.45 13.60% 5/19 Yes 6.68 4.51% 4.91% 2.42% 6.53% 6.15% 76.43% Options Chain 6.38 5.98 0.04 12 77 None
30 HPQ HP Inc 24.18 38.63 20.97 15.31% 9/10 No 1.14 4.73% 3.71% 1.84% 8.63% 10.23% 44.16% Options Chain 0.88 1.04 0.04 12 54 None
31 XOM Exxon Mobil Corp 113.19 123.07 96.91 16.80% 5/15 Yes 3.92 3.42% 3.13% 1.55% 3.21% 5.80% 52.41% Options Chain 4.70 4.68 0.04 12 76 None
32 HD Home Depot Inc 347.03 431.63 323.83 7.16% 6/05 No 9.10 2.62% 2.22% 1.11% 8.66% 28.30% 61.86% Options Chain 13.95 14.13 0.04 9 60 None
33 OHI Omega Healthcare Investors Inc 37.00 42.14 30.69 20.56% 5/05 Yes 2.68 7.25% 0.00% 0.00% 0.00% 1.02% 166.46% Options Chain 1.23 1.50 0.04 13 63 None
34 UL Unilever plc 62.10 65.11 52.67 17.90% 5/16 Yes 1.94 3.17% 11.45% 5.57% 0.61% 3.75% 74.06% Options Chain 2.50 1.38 0.04 11 64 None
35 KHC Kraft Heinz Company 25.68 35.08 25.53 0.59% 5/30 Yes 1.60 6.23% 0.00% 0.00% 0.00% -4.69% 73.06% Options Chain 0.93 1.03 0.04 11 65 None
36 CLX Clorox Company 120.93 168.60 120.37 0.47% 4/23 Yes 4.88 4.04% 0.83% 0.41% 1.82% 8.97% 87.61% Options Chain 3.25 4.78 0.04 15 56 None
37 USB U.S. Bancorp. 43.27 52.79 35.18 23.00% 6/30 Yes 1.99 4.60% 1.01% 0.50% 3.25% 8.90% 48.66% Options Chain 1.62 1.66 0.04 15 68 None
38 PLD Prologis Inc 105.08 128.08 84.54 24.30% 6/17 Yes 3.94 3.73% 5.21% 2.57% 12.52% 4.21% 98.25% Options Chain 2.98 3.90 0.04 12 59 None
39 CCI Crown Castle Inc 100.18 115.80 81.93 22.28% 6/13 Yes 5.76 5.75% -32.11% -17.60% -6.07% 12.84% -63.90% Options Chain 3.68 3.60 0.04 4 47 None
40 SYY Sysco Corp 73.97 81.12 67.12 10.21% 7/03 Yes 2.04 2.73% 6.93% 3.41% 4.09% 15.53% 52.99% Options Chain 2.60 2.43 0.04 14 53 None
41 MDT Medtronic Plc 85.73 95.49 74.13 15.65% 6/27 No 2.80 3.27% 1.79% 0.89% 3.55% 16.48% 77.56% Options Chain 2.46 2.96 0.03 12 64 None
42 PG Procter & Gamble Company 158.02 178.84 155.17 1.84% 4/21 Yes 4.08 2.56% 6.74% 3.32% 5.59% 8.68% 65.01% Options Chain 4.53 5.45 0.03 12 72 None
43 TTE TotalEnergies SE 62.03 67.13 51.01 21.60% 9/30 Yes 3.50 5.60% 2.08% 1.03% 2.58% 1.07% 57.42% Options Chain 1.65 2.13 0.03 13 56 None
44 WY Weyerhaeuser Company 25.97 33.31 23.91 8.62% 5/30 Yes 0.82 3.13% 5.00% 2.47% -8.15% 2.22% 167.35% Options Chain 0.88 0.60 0.03 9 52 None
45 JNJ Johnson & Johnson 150.73 168.55 138.38 8.92% 5/27 Yes 5.02 3.33% 5.91% 2.91% 5.55% 13.03% 55.90% Options Chain 4.93 3.90 0.03 16 57 None
46 MCD McDonald`s Corp 289.63 324.48 237.93 21.73% 6/02 Yes 6.98 2.41% 4.42% 2.19% 7.76% 17.86% 62.10% Options Chain 9.18 9.25 0.03 9 66 None
47 EQR Equity Residential Properties Trust 68.87 76.83 59.41 15.92% 6/24 Yes 2.72 3.95% 4.53% 2.24% 3.54% 3.41% 103.72% Options Chain 2.13 1.78 0.03 11 63 None
48 O Realty Income Corp 57.58 62.49 49.07 17.34% 7/01 No 3.18 5.56% 5.52% 2.73% 3.61% 3.03% 289.18% Options Chain 1.38 1.75 0.03 11 53 None
49 DOC Healthpeak OP LLC 17.05 22.31 16.54 3.08% 6/16 No 3.01 17.65% 0.00% 0.00% 0.00% 0.00% 734.15% Options Chain 0.48 0.03 13 49 None
50 VICI VICI Properties Inc 32.33 33.13 26.08 23.96% 6/18 Yes 1.73 5.36% 2.06% 1.03% 5.81% 9.24% 69.20% Options Chain 0.85 0.88 0.03 11 68 None
51 REG Regency Centers Corporation 70.72 76.68 58.39 21.12% 6/11 Yes 2.79 3.91% 3.87% 1.92% 4.01% 2.29% 130.75% Options Chain 0.18 1.73 0.02 12 69 None
52 CNI Canadian National Railway Company 101.85 121.10 91.08 11.82% 6/09 Yes 3.46 3.40% 5.03% 2.48% 9.60% 15.33% 65.87% Options Chain 2.00 1.88 0.02 12 57 None
53 WPC W. P. Carey Inc 63.71 65.16 51.66 23.33% 6/30 Yes 3.52 5.54% 3.15% 1.56% -3.81% 2.92% 179.34% Options Chain 1.10 0.88 0.02 9 57 None
54 KIM Kimco Realty Corporation 21.00 24.97 17.71 18.58% 6/06 No 0.99 4.71% 3.09% 1.53% 10.12% 3.55% 128.57% Options Chain 11 60 None