Dividend Stocks for Covered Calls

Selling a covered call rents out shares you already own: you collect a premium now and agree to sell at a set price if the stock gets there. It works best on companies you'd be content to hold either way, which is why this list starts from quality rather than from the fattest premium — a rich premium is the market pricing risk, not a gift. These are large US-listed dividend payers ($10B+), the corner of the market where listed options actually trade. Quantic doesn't check the option chain on this page: size and listing are a proxy for "has options worth selling", not a guarantee. The wheel screener prices the real contracts.

This list features large, US-listed dividend-paying companies with market capitalizations over $10 billion. These stocks have options liquid enough for covered call strategies. Each company is ranked by Quantic's quality score, considering factors such as yield, dividend streak, growth, and safety.

#	Stock	Yield	Streak	5y growth	Safety
1	MK MKC McCormick & Company, Incorporat	1.99%	29y	7.74%	Watch
2	CM CMCSA Comcast Corporation	2.87%	17y	7.49%	Watch
3	VC VCISY Vinci SA	4.15%	5y	24.38%	Watch
4	NV NVO Novo Nordisk A/S	0.82%	7y	20.87%	Watch
5	NE NEE NextEra Energy, Inc.	2.54%	29y	10.13%	Watch
6	ZT ZTS Zoetis Inc.	0.89%	12y	20.11%	Watch
7	AC ACN Accenture plc	0.75%	5y	13.09%	Safe
8	TR TROW T. Rowe Price Group, Inc.	3.99%	29y	7.13%	Safe
9	OR ORI Old Republic International Corp	3.48%	16y	6.67%	Watch
10	VI VICI VICI Properties Inc.	5.16%	7y	7.05%	Safe
11	T T AT&T Inc.	6.47%	0y	-11.77%	At risk
12	CC CCL Carnival Corporation Ltd.	—	—	—	Watch
13	DK DKS Dick's Sporting Goods Inc	2.20%	11y	31.12%	Safe
14	TM TM Toyota Motor Corporation	2.86%	3y	10.27%	Safe
15	CN CNQ Canadian Natural Resources Limi	4.56%	10y	21.85%	Watch
16	BF BF-B Brown Forman Inc	1.65%	29y	5.46%	Safe
17	BT BTI British American Tobacco Indus	3.87%	2y	2.04%	Watch
18	HS HSY The Hershey Company	2.36%	0y	11.68%	Safe
19	ED ED Consolidated Edison, Inc.	3.58%	29y	2.13%	Safe
20	SO SO Southern Company (The)	3.79%	25y	2.95%	Watch
21	CB CB Chubb Limited	1.56%	17y	3.80%	Watch
22	TS TSCO Tractor Supply Company	1.62%	15y	25.12%	Watch
23	DP DPZ Domino's Pizza Inc	1.24%	12y	17.41%	Safe
24	LO LOW Lowe's Companies, Inc.	1.81%	28y	16.40%	Safe
25	DO DOV Dover Corporation	1.28%	29y	1.00%	Safe
26	AX AXP American Express Company	1.20%	4y	13.78%	Safe
27	AF AFL AFLAC Incorporated	2.32%	15y	15.68%	Watch
28	CI CINF Cincinnati Financial Corporatio	2.47%	29y	7.71%	Safe
29	PY PYPL PayPal Holdings, Inc.	0.20%	—	—	Safe
30	BM BMY Bristol-Myers Squibb Company	3.89%	16y	6.62%	Watch
31	AT ATO Atmos Energy Corporation	2.47%	29y	8.64%	Safe
32	SI SIRI SiriusXM Holdings Inc.	2.55%	0y	15.74%	Watch
33	SP SPG Simon Property Group, Inc.	5.36%	5y	10.33%	Watch
34	GF GFI Gold Fields Limited	3.05%	1y	36.20%	Safe
35	AE AEP American Electric Power Company	3.59%	16y	5.85%	Watch
36	PG PG Procter & Gamble	2.52%	28y	5.97%	Watch
37	HP HPQ HP Inc.	3.37%	15y	10.43%	Watch
38	AG AGNC AGNC Investment Corp.	13.16%	0y	0.00%	Watch
39	PP PPL PPL Corporation	3.83%	3y	-8.03%	At risk
40	DU DUK Duke Energy Corporation (Holdin	3.91%	21y	2.01%	Watch
41	NK NKE Nike, Inc.	1.41%	23y	10.30%	Safe
42	SR SRE DBA Sempra	3.17%	15y	4.30%	Safe
43	PB PBR-A Petroleo Brasileiro S.A. Petrob	22.99%	0y	—	At risk
44	PE PEP Pepsico, Inc.	3.12%	29y	6.82%	Watch
45	SH SHEL Shell PLC	3.97%	5y	17.01%	Safe
46	TM TMUS T-Mobile US, Inc.	1.43%	1y	—	Watch
47	XE XEL Xcel Energy Inc.	3.12%	22y	5.80%	Watch
48	DA DAL Delta Air Lines, Inc.	1.08%	2y	—	Watch
49	GG GGG Graco Inc.	1.20%	26y	9.46%	Safe
50	IC ICE Intercontinental Exchange Inc.	1.28%	11y	9.86%	Safe
51	VZ VZ Verizon Communications	6.00%	19y	1.97%	Watch
52	QS QSR Restaurant Brands International	3.44%	10y	3.58%	Watch
53	NR NRG NRG Energy, Inc.	2.82%	6y	7.96%	Watch
54	ML MLI Mueller Industries, Inc.	1.34%	5y	37.97%	Safe
55	NP NPSNY Naspers Ltd.	0.25%	—	—	Safe
56	WM WM Waste Management, Inc.	1.57%	21y	8.65%	Watch
57	AM AMT American Tower Corporation (REI	2.85%	13y	8.70%	Watch
58	EO EOG EOG Resources, Inc.	2.81%	2y	21.06%	Safe
59	PS PSX Phillips 66	3.99%	4y	5.92%	Safe
60	LM LMT Lockheed Martin Corporation	2.70%	23y	6.58%	Watch
61	OH OHI Omega Healthcare Investors, Inc	8.00%	0y	0.00%	Watch
62	MO MO Altria Group, Inc.	7.86%	17y	4.12%	Watch
63	SN SNA Snap-On Incorporated	2.49%	15y	14.66%	Safe
64	JD JD JD.com, Inc.	2.32%	2y	—	Watch
65	MS MSCI MSCI Inc.	1.03%	10y	19.78%	Watch
66	CH CHRW C.H. Robinson Worldwide, Inc.	2.34%	4y	3.98%	Safe
67	ME META Meta Platforms, Inc.	0.35%	1y	—	Safe
68	MC MCD McDonald's Corporation	2.24%	17y	7.20%	Safe
69	VL VLO Valero Energy Corporation	3.64%	3y	2.89%	Safe
70	BB BBVA Banco Bilbao Vizcaya Argentaria	11.41%	4y	—	Safe
71	BA BAC Bank of America Corporation	2.41%	12y	8.45%	Safe
72	CL CLX Clorox Company (The)	3.21%	23y	2.54%	Watch
73	AO AON Aon plc	0.79%	5y	11.11%	Safe
74	BR BR Broadridge Financial Solutions,	1.66%	18y	10.72%	Watch
75	HD HD Home Depot, Inc. (The)	2.41%	16y	8.92%	Watch
76	QC QCOM QUALCOMM Incorporated	2.17%	6y	6.49%	Safe
77	MP MPC Marathon Petroleum Corporation	2.56%	3y	9.43%	Safe
78	NI NI NiSource Inc	3.34%	14y	5.92%	Watch
79	GD GD General Dynamics Corporation	2.20%	28y	6.40%	Safe
80	KM KMI Kinder Morgan, Inc.	5.79%	8y	2.18%	Watch
81	UP UPS United Parcel Service, Inc.	4.11%	16y	10.18%	Safe
82	WP WPC W. P. Carey Inc. REIT	5.77%	1y	-2.39%	At risk
83	CM CME CME Group Inc.	2.49%	12y	8.02%	Safe
84	MF MFC Manulife Financial Corporation	4.81%	12y	7.97%	Safe
85	IB IBM International Business Machines	4.10%	29y	1.52%	Watch
86	MR MRSH Marsh	1.45%	15y	13.26%	Safe
87	AL ALL Allstate Corporation (The)	2.47%	15y	13.12%	Watch
88	KS KSPI Joint Stock Company Kaspi.kz -	6.29%	—	—	Safe
89	MD MDLZ Mondelez International, Inc.	2.50%	12y	10.08%	Watch
90	EM EME EMCOR Group, Inc.	0.34%	0y	25.59%	Safe
91	EV EVRG Evergy, Inc.	3.92%	21y	5.75%	Watch
92	EL ELV Elevance Health, Inc.	1.35%	14y	12.47%	Safe
93	BN BN Brookfield Corporation	0.85%	2y	-1.35%	At risk
94	WM WMT Walmart Inc.	1.35%	29y	5.48%	Watch
95	CE CEG Constellation Energy Corporatio	0.79%	3y	—	Safe
96	BK BKNG Booking Holdings Inc. Common St	0.80%	1y	—	Safe
97	AR ARCC Ares Capital Corporation	9.09%	0y	3.71%	Watch
98	CN CNI Canadian National Railway Compa	2.05%	16y	8.15%	Watch
99	LI LIN Linde plc	1.38%	29y	9.27%	Watch
100	CO COST Costco Wholesale Corporation	0.66%	21y	13.18%	Safe

Dividend Stocks for Covered Calls

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