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 UNH Unitedhealth Group Inc 302.91 621.24 247.13 22.57% 6/16 Yes 8.51 2.77% 8.07% 3.96% 12.09% 23.95% 35.64% Options Chain 17.73 28.00 0.09 14 69 None
2 TGT Target Corp 102.43 162.93 86.36 18.61% 8/13 Yes 4.48 4.39% 2.70% 1.34% 9.60% 11.54% 49.23% Options Chain 6.50 8.03 0.08 14 65 None
3 SLB SLB 36.25 49.52 30.85 17.50% 6/04 Yes 1.12 3.07% 3.64% 1.80% 22.88% 3.48% 37.97% Options Chain 1.30 2.11 0.06 11 68 None
4 HAL Halliburton Company 22.19 36.11 18.56 19.56% 6/04 Yes 0.68 3.26% 0.00% 0.00% 39.41% 2.18% 28.45% Options Chain 1.18 1.24 0.06 11 64 None
5 COP Conoco Phillips 94.52 115.03 79.21 19.33% 5/19 Yes 3.12 3.37% 0.00% 0.00% 12.47% 5.93% 39.54% Options Chain 4.60 4.65 0.05 12 76 None
6 MRK Merck & Co Inc 83.71 125.69 72.58 15.33% 6/16 Yes 3.20 3.96% 3.85% 1.90% 5.25% 9.17% 46.51% Options Chain 3.18 4.05 0.05 15 73 None
7 BKR Baker Hughes Co - Class A 39.35 48.85 31.72 24.05% 5/06 Yes 0.88 2.19% 9.52% 4.65% 6.32% 2.60% 30.03% Options Chain 1.83 1.90 0.05 12 66 None
8 EOG EOG Resources Inc 121.90 136.61 101.59 19.99% 10/17 Yes 3.77 3.15% 8.38% 9.34% 25.07% 15.56% 33.69% Options Chain 4.75 5.45 0.04 15 77
Dividend Stock List
9 WY Weyerhaeuser Company 26.15 33.31 23.91 9.37% 5/30 Yes 0.82 3.13% 5.00% 2.47% -8.15% 2.22% 167.35% Options Chain 1.15 0.70 0.04 9 52 None
10 AMGN AMGEN Inc 296.52 336.01 249.07 19.05% 5/16 Yes 9.26 3.12% 5.78% 2.85% 7.84% 16.50% 84.49% Options Chain 11.58 13.03 0.04 11 71 None
11 CVX Chevron Corp 152.69 166.93 130.45 17.05% 5/19 Yes 6.68 4.53% 4.91% 2.42% 6.53% 6.15% 76.26% Options Chain 5.70 6.70 0.04 12 77 None
12 PCAR Paccar Inc 98.67 115.03 84.36 16.96% 5/14 Yes 3.96 4.01% 12.82% 6.22% 10.25% 9.67% 60.09% Options Chain 3.40 4.30 0.04 13 71 None
13 ARE Alexandria Real Estate Equities Inc 77.99 123.00 66.16 17.88% 6/30 Yes 5.26 6.83% 1.73% 0.86% 4.19% 3.89% 692.11% Options Chain 3.25 3.35 0.04 14 67 None
14 BDX Becton Dickinson & Company 175.50 249.34 162.35 8.10% 6/09 Yes 4.07 2.33% 6.94% 3.41% 5.48% 10.58% 79.03% Options Chain 7.45 6.05 0.04 12 62 None
15 CHRW C.H. Robinson Worldwide Inc 99.12 113.35 82.18 20.61% 6/06 Yes 2.48 2.52% 0.81% 0.41% 4.50% 15.17% 59.19% Options Chain 3.45 4.20 0.04 14 55 None
16 CLX Clorox Company 126.00 168.60 117.35 7.37% 4/23 Yes 4.88 3.92% 0.83% 0.41% 1.82% 8.97% 87.61% Options Chain 5.10 4.65 0.04 15 55 None
17 OMC Omnicom Group Inc 72.50 104.25 68.37 6.04% 6/10 Yes 2.80 3.75% 0.00% 0.00% 0.00% 10.60% 38.25% Options Chain 2.90 2.83 0.04 14 70 None
18 FDX Fedex Corp 236.50 307.10 193.05 22.51% 6/23 No 5.59 2.38% 7.41% 3.64% 18.92% 16.72% 33.25% Options Chain 7.13 9.28 0.04 12 63 None
19 REG Regency Centers Corporation 69.02 76.68 60.59 13.91% 6/11 Yes 2.79 4.00% 3.87% 1.92% 4.01% 2.29% 131.99% Options Chain 2.63 0.04 12 69 None
20 CMCSA Comcast Corp - Class A 35.63 44.12 31.15 14.38% 7/02 Yes 1.28 3.61% 8.20% 4.02% 7.73% 29.38% 31.53% Options Chain 0.89 1.35 0.04 12 63 None
21 XOM Exxon Mobil Corp 113.80 123.07 96.91 17.43% 5/15 Yes 3.92 3.43% 3.13% 1.55% 3.21% 5.80% 51.99% Options Chain 4.25 4.13 0.04 12 76 None
22 MET Metlife Inc 78.24 87.83 64.73 20.87% 5/06 Yes 2.20 2.78% 5.34% 2.63% 4.55% 7.13% 35.99% Options Chain 2.88 2.03 0.04 20 73 None
23 SYY Sysco Corp 76.33 80.56 66.65 14.52% 7/03 Yes 2.07 2.70% 6.93% 3.41% 4.09% 15.53% 53.49% Options Chain 2.10 2.80 0.04 14 62 None
24 TSN Tyson Foods Inc - Class A 55.08 65.23 53.09 3.75% 8/29 Yes 1.99 3.57% 1.52% 0.76% 2.74% 17.72% 77.43% Options Chain 1.93 1.98 0.04 13 63 None
25 CTRA Coterra Energy Inc 25.12 29.56 21.75 15.49% 5/15 Yes 0.86 3.46% 4.76% 2.35% 9.15% 13.36% 50.29% Options Chain 0.65 0.90 0.04 12 70 None
26 CL Colgate-Palmolive Company 91.55 107.54 84.85 7.90% 7/18 Yes 2.02 2.16% 5.05% 2.49% 3.83% 8.64% 57.22% Options Chain 3.28 3.10 0.04 13 63 None
27 MDT Medtronic Plc 89.00 94.71 73.88 20.47% 6/27 Yes 2.81 3.21% 1.79% 0.89% 3.55% 16.48% 77.84% Options Chain 3.12 2.88 0.04 12 63 None
28 OKE Oneok Inc 81.16 115.36 74.38 9.12% 5/05 Yes 4.04 4.95% 4.04% 2.00% 2.45% 7.04% 78.91% Options Chain 0.98 2.80 0.03 13 74 None
29 SPG Simon Property Group Inc 162.93 185.37 134.57 21.07% 6/09 Yes 8.35 5.11% 3.70% 1.84% 9.47% 5.13% 132.75% Options Chain 4.50 5.60 0.03 9 71 None
30 QSR Restaurant Brands International Inc 67.25 72.44 58.16 15.63% 6/24 Yes 2.40 3.52% 6.90% 3.39% 4.00% 23.10% 81.36% Options Chain 2.18 2.05 0.03 9 69 None
31 EQR Equity Residential Properties Trust 66.53 76.06 58.81 13.13% 6/24 Yes 2.73 4.10% 4.53% 2.24% 3.54% 3.41% 104.39% Options Chain 1.63 2.15 0.03 11 63 None
32 UNP Union Pacific Corp 236.49 253.90 203.43 16.25% 5/30 Yes 5.36 2.27% 1.52% 0.75% 5.72% 8.43% 48.24% Options Chain 6.00 7.35 0.03 11 70 None
33 OHI Omega Healthcare Investors Inc 36.38 42.14 31.86 14.19% 5/05 Yes 2.68 7.38% 0.00% 0.00% 0.00% 1.02% 166.46% Options Chain 1.03 1.13 0.03 13 70 None
34 NLY Annaly Capital Management Inc 19.72 20.59 16.00 23.25% 6/30 Yes 2.70 13.84% 7.69% 3.77% -5.56% -0.43% 293.48% Options Chain 0.42 0.61 0.03 10 64 None
35 KHC Kraft Heinz Company 26.50 35.08 25.44 4.17% 5/30 Yes 1.60 6.13% 0.00% 0.00% 0.00% -4.69% 73.06% Options Chain 0.80 0.76 0.03 10 68 None
36 CNI Canadian National Railway Company 104.75 121.10 91.08 15.01% 6/09 Yes 3.46 3.37% 5.03% 2.48% 9.60% 15.33% 66.00% Options Chain 3.15 2.85 0.03 12 64 None
37 MCD McDonald`s Corp 294.00 324.48 240.24 22.38% 6/02 Yes 6.98 2.38% 4.42% 2.19% 7.76% 17.86% 61.99% Options Chain 8.18 8.30 0.03 9 66 None
38 VZ Verizon Communications Inc 42.61 46.61 36.83 15.69% 7/10 Yes 2.70 6.26% 1.40% 0.70% 1.81% 2.99% 64.23% Options Chain 0.84 1.15 0.03 14 72 None
39 TTE TotalEnergies SE 62.56 66.80 51.01 22.64% 9/30 Yes 3.50 5.65% 2.08% 1.03% 2.58% 1.07% 58.67% Options Chain 0.58 1.68 0.03 13 61 None
40 VTR Ventas Inc 62.76 70.82 50.75 23.67% 6/30 Yes 1.86 2.96% 6.67% 3.28% 1.63% 2.96% 563.64% Options Chain 0.33 1.48 0.02 8 62 None
41 GIS General Mills Inc 51.51 73.73 50.19 2.63% 7/10 No 2.40 4.63% 2.52% 1.25% 4.58% 7.59% 58.54% Options Chain 0.85 1.18 0.02 11 63 None
42 PG Procter & Gamble Company 157.52 178.84 155.17 1.51% 4/21 Yes 4.08 2.58% 6.74% 3.32% 5.59% 8.68% 64.70% Options Chain 2.91 3.60 0.02 11 72 None
43 UL Unilever plc 60.80 65.11 53.42 13.82% 5/16 Yes 1.94 3.19% 11.45% 5.57% 0.61% 3.75% 71.86% Options Chain 1.03 1.20 0.02 11 63 None
44 DOC Healthpeak OP LLC 18.30 22.31 16.54 10.64% 9/19 Yes 3.01 16.74% 0.00% 0.00% 0.00% 0.00% 752.50% Options Chain 0.08 0.35 0.02 13 48 None
45 JNJ Johnson & Johnson 156.19 168.55 138.38 12.87% 5/27 Yes 5.02 3.23% 5.91% 2.91% 5.55% 13.03% 55.84% Options Chain 2.15 2.73 0.02 16 66 None
46 O Realty Income Corp 56.92 62.20 50.00 13.84% 7/01 Yes 3.19 5.54% 5.52% 2.73% 3.61% 3.03% 289.73% Options Chain 0.88 0.60 0.02 11 61 None
47 VICI VICI Properties Inc 32.95 33.57 26.76 23.13% 6/18 Yes 1.73 5.24% 2.06% 1.03% 5.81% 9.24% 69.20% Options Chain 0.10 0.40 0.01 11 78 None
48 WPC W. P. Carey Inc 61.80 64.23 51.06 21.03% 6/30 Yes 3.54 5.69% 3.15% 1.56% -3.81% 2.92% 182.73% Options Chain 0.43 0.73 0.01 9 59 None
49 KIM Kimco Realty Corporation 21.35 24.97 17.71 20.55% 6/06 Yes 0.99 4.67% 3.09% 1.53% 10.12% 3.55% 130.26% Options Chain 0.25 0.18 0.01 11 60 None
50 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 14 52 None
51 GLPI Gaming and Leisure Properties Inc 48.29 50.60 42.14 14.59% 6/13 No 3.06 6.43% 2.63% 1.31% 4.07% 3.87% 108.13% Options Chain 12 73 None