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.
Remove Filter on Price to 52-Week Low
Remove Filter on Dividend Yield >= 2%

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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 TGT Target Corp 103.96 136.21 83.44 24.59% 2/11 Yes 4.52 4.24% 0.88% 0.44% 3.59% 11.28% 54.72% Options Chain 6.28 7.50 0.07 12 66 None
2 CMCSA Comcast Corp - Class A 29.43 34.35 23.84 23.45% 1/14 Yes 1.32 4.52% 1.54% 0.77% 5.64% 28.34% 21.93% Options Chain 1.43 2.01 0.07 13 69 None
3 ACN Accenture plc - Class A 280.71 389.59 226.59 23.88% 1/13 Yes 6.22 2.21% 7.41% 3.64% 12.78% 13.10% 51.36% Options Chain 13.30 17.25 0.06 13 65 None
4 EOG EOG Resources Inc 108.33 131.01 98.86 9.58% 1/16 Yes 3.99 3.75% 3.42% 1.70% 7.99% 15.56% 38.89% Options Chain 4.70 6.05 0.06 11 60 None
5 SBAC SBA Communications Corp - Class A 187.96 241.44 179.89 4.49% 11/13 Yes 4.44 2.40% 13.27% 14.28% 17.62% 19.01% 55.85% Options Chain 6.70 9.95 0.05 12 57 None
6 DRI Darden Restaurants Inc 196.43 223.20 167.75 17.10% 1/09 Yes 5.90 2.88% 3.45% 1.71% 6.75% 13.54% 61.78% Options Chain 8.00 9.60 0.05 11 62 None
7 CTRA Coterra Energy Inc 27.24 29.04 21.87 24.55% 11/13 Yes 0.88 3.21% 4.76% -13.27% 9.15% 13.10% 40.74% Options Chain 1.30 1.23 0.05 13 70 None
8 SYY Sysco Corp 75.63 82.52 65.74 15.04% 1/02 Yes 2.13 2.77% 2.86% 1.42% 2.99% 15.19% 57.10% Options Chain 3.55 2.75 0.05 11 62 None
9 MET Metlife Inc 77.17 85.47 63.77 21.01% 2/03 Yes 2.25 2.96% 1.00% 0.50% 3.48% 6.89% 42.33% Options Chain 2.20 3.40 0.04 18 71 None
10 HD Home Depot Inc 386.53 424.01 320.39 20.64% 12/04 Yes 9.20 2.40% 2.22% 4.90% 8.66% 27.51% 62.71% Options Chain 16.35 16.60 0.04 6 60 None
11 OMC Omnicom Group Inc 79.79 86.02 67.08 18.95% 12/19 Yes 2.90 3.66% 3.57% 1.77% 0.88% 10.42% 42.77% Options Chain 2.38 3.30 0.04 13 69 None
12 AIG American International Group Inc 72.32 87.29 70.24 2.96% 12/16 Yes 1.75 2.42% 12.18% 11.80% 8.13% 4.67% 31.47% Options Chain 2.50 2.95 0.04 13 78 None
13 ALL Allstate Corp (The) 196.10 215.00 173.48 13.04% 12/01 Yes 4.00 2.07% 8.70% 6.00% 5.41% 8.08% 12.97% Options Chain 6.40 7.90 0.04 18 74 None
14 WRB W.R. Berkley Corp 67.12 77.72 56.56 18.67% 12/15 Yes 1.68 2.49% 11.70% 10.50% 11.47% 10.91% 35.29% Options Chain 2.53 2.70 0.04 15 64 None
15 QSR Restaurant Brands International Inc 67.14 73.05 57.09 17.60% 12/23 Yes 2.48 3.62% 6.90% 6.17% 4.00% 21.18% 87.94% Options Chain 2.70 2.58 0.04 8 62 None
16 T AT&T Inc 23.45 29.13 21.10 11.14% 1/12 Yes 1.11 4.71% 0.00% 0.00% -4.82% 1.94% 36.16% Options Chain 0.72 0.90 0.04 10 60 None
17 ABT Abbott Laboratories 108.70 138.63 105.78 2.76% 1/15 No 2.40 2.24% 6.78% 3.33% 7.60% 8.42% 64.52% Options Chain 3.13 4.13 0.04 15 69 None
18 VZ Verizon Communications Inc 39.52 44.33 36.64 7.86% 1/12 Yes 2.73 6.93% 1.38% 0.69% 1.77% 2.96% 58.32% Options Chain 1.09 1.49 0.04 15 73 None
19 FNF Fidelity National Financial Inc 54.80 62.93 48.10 13.93% 12/17 Yes 2.02 3.68% 4.12% 5.06% 6.67% 2.92% 47.31% Options Chain 2.03 2.05 0.04 17 66 None
20 OKE Oneok Inc 77.50 99.51 64.02 21.06% 2/02 Yes 4.12 5.24% 3.88% 1.92% 3.43% 6.96% 75.74% Options Chain 1.90 2.53 0.03 14 76 None
21 UNP Union Pacific Corp 230.89 247.30 200.99 14.88% 12/05 Yes 5.44 2.35% 3.03% 2.28% 6.12% 8.29% 46.22% Options Chain 7.20 7.00 0.03 11 73 None
22 MCD McDonald`s Corp 312.95 321.79 277.72 12.69% 12/01 Yes 7.17 2.32% 5.75% 7.28% 8.10% 17.52% 61.18% Options Chain 8.50 9.65 0.03 11 65 None
23 PG Procter & Gamble Company 149.49 175.15 136.65 9.40% 1/23 No 4.23 2.82% 1.20% 0.60% 4.03% 8.60% 62.53% Options Chain 3.60 4.23 0.03 11 71 None
24 VICI VICI Properties Inc 28.54 33.01 27.19 4.97% 12/17 Yes 1.76 6.26% 4.13% 4.70% 6.34% 8.49% 66.35% Options Chain 0.30 0.55 0.02 9 67 None
25 MKC McCormick & Co. Inc (Non Voting) 60.78 84.05 59.62 1.95% 12/29 No 1.83 3.01% 7.02% 7.28% 7.12% 11.06% 62.46% Options Chain 0.90 1.03 0.02 10 63 None
26 JNPR Juniper Networks Inc 39.95 39.96 33.22 20.26% 6/02 No 0.88 2.20% 0.00% 0.00% 2.41% 9.16% 83.81% No N/A N/A N/A 12 47 None