Best 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	T T AT&T Inc.	6.47%	0y	-11.77%	At risk
3	AC ACN Accenture plc	0.75%	5y	13.09%	Safe
4	CM CMCSA Comcast Corporation	2.87%	17y	7.49%	Watch
5	TR TROW T. Rowe Price Group, Inc.	3.99%	29y	7.13%	Safe
6	AU AU AngloGold Ashanti PLC	2.12%	2y	46.61%	Safe
7	TM TM Toyota Motor Corporation	2.86%	3y	10.27%	Safe
8	GF GFI Gold Fields Limited	3.05%	1y	36.20%	Safe
9	VI VICI VICI Properties Inc.	5.16%	7y	7.05%	Safe
10	NE NEM Newmont Corporation	3.04%	0y	0.00%	Watch
11	CC CCL Carnival Corporation Ltd.	—	—	—	Watch
12	ZT ZTS Zoetis Inc.	0.89%	12y	20.11%	Watch
13	SI SIRI SiriusXM Holdings Inc.	2.55%	0y	15.74%	Watch
14	DP DPZ Domino's Pizza Inc	1.24%	12y	17.41%	Safe
15	ED ED Consolidated Edison, Inc.	3.58%	29y	2.13%	Safe
16	LO LOW Lowe's Companies, Inc.	1.81%	28y	16.40%	Safe
17	BM BMY Bristol-Myers Squibb Company	3.89%	16y	6.62%	Watch
18	AG AGNC AGNC Investment Corp.	13.16%	0y	0.00%	Watch
19	DK DKS Dick's Sporting Goods Inc	2.20%	11y	31.12%	Safe
20	HP HPQ HP Inc.	3.37%	15y	10.43%	Watch
21	BR BR Broadridge Financial Solutions,	1.66%	18y	10.72%	Watch
22	NV NVO Novo Nordisk A/S	0.82%	7y	20.87%	Watch
23	PB PBR-A Petroleo Brasileiro S.A. Petrob	22.99%	0y	—	At risk
24	VZ VZ Verizon Communications	6.00%	19y	1.97%	Watch
25	GI GILD Gilead Sciences, Inc.	3.82%	10y	3.04%	Safe
26	TM TMUS T-Mobile US, Inc.	1.43%	1y	—	Watch
27	DO DOV Dover Corporation	1.28%	29y	1.00%	Safe
28	IB IBM International Business Machines	4.10%	29y	1.52%	Watch
29	PN PNR Pentair plc.	1.27%	6y	5.64%	Safe
30	HS HSY The Hershey Company	2.36%	0y	11.68%	Safe
31	CM CME CME Group Inc.	2.49%	12y	8.02%	Safe
32	NE NEE NextEra Energy, Inc.	2.54%	29y	10.13%	Watch
33	OR ORI Old Republic International Corp	3.48%	16y	6.67%	Watch
34	IC ICE Intercontinental Exchange Inc.	1.28%	11y	9.86%	Safe
35	AT ATO Atmos Energy Corporation	2.47%	29y	8.64%	Safe
36	QC QCOM QUALCOMM Incorporated	2.17%	6y	6.49%	Safe
37	NI NI NiSource Inc	3.34%	14y	5.92%	Watch
38	NK NKE Nike, Inc.	1.41%	23y	10.30%	Safe
39	AR ARCC Ares Capital Corporation	9.09%	0y	3.71%	Watch
40	PE PEP Pepsico, Inc.	3.12%	29y	6.82%	Watch
41	AX AXP American Express Company	1.20%	4y	13.78%	Safe
42	CI CINF Cincinnati Financial Corporatio	2.47%	29y	7.71%	Safe
43	SH SHEL Shell PLC	3.97%	5y	17.01%	Safe
44	GG GGG Graco Inc.	1.20%	26y	9.46%	Safe
45	PG PG Procter & Gamble	2.52%	29y	5.97%	Watch
46	PP PPL PPL Corporation	3.83%	3y	-8.03%	At risk
47	CN CNQ Canadian Natural Resources Limi	4.56%	10y	21.85%	Watch
48	CH CHRW C.H. Robinson Worldwide, Inc.	2.34%	4y	3.98%	Safe
49	GD GD General Dynamics Corporation	2.20%	28y	6.40%	Safe
50	LM LMT Lockheed Martin Corporation	2.70%	23y	6.58%	Watch
51	SL SLB SLB Limited	2.16%	4y	17.92%	Safe
52	DI DIS Walt Disney Company (The)	0.45%	2y	—	Watch
53	PY PYPL PayPal Holdings, Inc.	0.20%	—	—	Safe
54	AF AFL AFLAC Incorporated	2.32%	15y	15.68%	Watch
55	BB BBVA Banco Bilbao Vizcaya Argentaria	11.41%	4y	—	Safe
56	VL VLO Valero Energy Corporation	3.64%	3y	2.89%	Safe
57	EV EVRG Evergy, Inc.	3.92%	21y	5.75%	Watch
58	MO MO Altria Group, Inc.	7.86%	17y	4.12%	Watch
59	CE CEG Constellation Energy Corporatio	0.79%	3y	—	Safe
60	CB CB Chubb Limited	1.56%	17y	3.80%	Watch
61	HD HD Home Depot, Inc. (The)	2.41%	16y	8.92%	Watch
62	KM KMI Kinder Morgan, Inc.	5.79%	8y	2.18%	Watch
63	UN UNM Unum Group	3.21%	17y	9.07%	Safe
64	MR MRSH Marsh	1.45%	15y	13.26%	Safe
65	BA BAC Bank of America Corporation	2.41%	12y	8.45%	Safe
66	PF PFE Pfizer, Inc.	4.88%	16y	3.59%	Safe
67	KS KSPI Joint Stock Company Kaspi.kz -	6.29%	—	—	Safe
68	EL ELV Elevance Health, Inc.	1.35%	14y	12.47%	Safe
69	RI RIO Rio Tinto Plc	8.43%	0y	-0.68%	At risk
70	EO EOG EOG Resources, Inc.	2.81%	2y	21.06%	Safe
71	RE RELX RELX PLC PLC	2.04%	10y	6.86%	Watch
72	MC MCD McDonald's Corporation	2.24%	17y	7.20%	Safe
73	BF BF-B Brown Forman Inc	1.65%	29y	5.46%	Safe
74	AL ALL Allstate Corporation (The)	2.47%	15y	13.12%	Watch
75	SO SO Southern Company (The)	3.79%	25y	2.95%	Watch
76	ES ES Eversource Energy (D/B/A)	3.81%	25y	5.80%	Watch
77	MS MSCI MSCI Inc.	1.03%	10y	19.78%	Watch
78	CL CLX Clorox Company (The)	3.21%	23y	2.54%	Watch
79	ME META Meta Platforms, Inc.	0.35%	1y	—	Safe
80	CR CRM Salesforce, Inc.	0.59%	1y	—	Watch
81	SA SAN Banco Santander, S.A. Sponsored	7.44%	—	—	At risk
82	CO COST Costco Wholesale Corporation	0.66%	21y	13.18%	Safe
83	UP UPS United Parcel Service, Inc.	4.11%	16y	10.18%	Safe
84	BX BX Blackstone Inc.	3.41%	2y	20.06%	Watch
85	DE DEO Diageo plc	2.75%	0y	2.58%	Safe
86	ML MLI Mueller Industries, Inc.	1.34%	5y	37.97%	Safe
87	EM EME EMCOR Group, Inc.	0.34%	0y	25.59%	Safe
88	KV KVUE Kenvue Inc.	3.86%	2y	—	Watch
89	SP SPG Simon Property Group, Inc.	5.36%	5y	10.33%	Watch
90	KM KMB Kimberly-Clark Corporation	3.65%	29y	3.32%	Watch
91	CO COP ConocoPhillips	2.59%	0y	13.18%	Safe
92	SP SPGI S&P Global Inc.	0.84%	29y	7.46%	Watch
93	AO AON Aon plc	0.79%	5y	11.11%	Safe
94	WM WMT Walmart Inc.	1.35%	29y	5.48%	Watch
95	GO GOOG Alphabet Inc.	0.43%	1y	—	Safe
96	BA BABA Alibaba Group Holding Limited	1.55%	2y	—	At risk
97	ND NDAQ Nasdaq, Inc.	1.38%	12y	10.58%	Watch
98	AM AMT American Tower Corporation (REI	2.85%	13y	8.70%	Watch
99	JP JPM JP Morgan Chase & Co.	2.47%	2y	9.24%	Safe
100	LI LIN Linde plc	1.38%	29y	9.27%	Watch

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