Dividend Wheel Kings
The wheel is already an income strategy — adding dividend-paying underlyings stacks two yield streams on top of each other. When you get assigned, you collect the dividend while you wait. When the stock gets called away, you've collected premium twice plus dividend. This list filters live for stocks with ≥2% yield and ≥$10B market cap, automatically excluding small-cap dividend traps.
Selection Criteria
- Dividend yield ≥ 2%
- Market cap ≥ $10 billion (excludes small-cap dividend traps)
- Updated live from current market data
- Filters apply on top of standard screener criteria
Who This List Is For
Income-focused wheelers who want to combine option premium with reliable dividend income.
Open this list in the ScreenerCurrent picks (50)
| Symbol | Name | Price | Chg | Score | IV | IV Rank | Yield | Cap | Sector |
|---|---|---|---|---|---|---|---|---|---|
| TMUS | T-Mobile US, Inc. | $192.43 | -0.22% | 96 | 46% | 100% | 0.02% | $208.25B | Communication Services |
| MDT | Medtronic plc | $83.20 | -0.43% | 94 | 29% | 49% | 0.03% | $106.50B | Healthcare |
| PPL | PPL Corporation | $35.85 | -1.46% | 94 | 25% | 74% | 0.03% | $26.97B | Utilities |
| BABA | Alibaba Group Holding Limited American Depositary Shares, each represents eight Ordinary Shares | $114.97 | -1.97% | 93 | 47% | 39% | 0.06% | $275.57B | Other |
| YUMC | Yum China Holdings, Inc. Common Stock | $43.87 | -1.04% | 92 | 36% | 45% | 0.02% | $15.08B | Consumer Cyclical |
| AIG | American International Group, Inc. | $80.50 | +3.17% | 92 | 38% | 57% | 0.02% | $42.68B | Financial Services |
| SYY | Sysco Corporation | $81.69 | -0.68% | 92 | 28% | 47% | 0.03% | $39.06B | Consumer Cyclical |
| DVN | Devon Energy Corporation | $43.83 | +2.02% | 92 | 41% | 40% | 0.02% | $50.55B | Energy |
| SLB | SLB Limited | $46.99 | -0.17% | 91 | 40% | 36% | 0.02% | $70.25B | Energy |
| JEF | Jefferies Financial Group Inc. | $54.87 | -1.67% | 91 | 43% | 26% | 0.03% | $11.16B | Financial Services |
| PFE | Pfizer Inc. | $25.05 | -0.28% | 91 | 28% | 79% | 0.07% | $142.77B | Healthcare |
| DPZ | Domino's Pizza Inc. | $322.18 | -1.42% | 91 | 46% | 99% | 0.02% | $10.72B | Consumer Cyclical |
| CMS | CMS Energy Corporation | $73.65 | -0.99% | 91 | 22% | 40% | 0.03% | $22.75B | Utilities |
| VZ | Verizon Communications | $43.59 | -0.46% | 90 | 34% | 55% | 0.06% | $182.01B | Communication Services |
| XEL | Xcel Energy, Inc. | $78.77 | -1.44% | 90 | 26% | 77% | 0.03% | $49.17B | Utilities |
| OTIS | Otis Worldwide Corporation | $73.45 | -2.07% | 90 | 33% | 91% | 0.02% | $28.18B | Industrials |
| CTSH | Cognizant Technology Solutions | $44.77 | +0.43% | 90 | 59% | 56% | 0.03% | $21.18B | Technology |
| DB | Deutsche Bank Aktiengesellschaft | $35.20 | -2.38% | 89 | 42% | 58% | 0.03% | $67.34B | Other |
| ABT | Abbott Laboratories | $100.68 | +1.87% | 89 | 31% | 59% | 0.03% | $175.37B | Healthcare |
| BX | Blackstone Inc. | $126.91 | -1.61% | 88 | 45% | 59% | 0.04% | $155.12B | Financial Services |
| HII | Huntington Ingalls Industries, Inc. | $269.13 | -0.76% | 88 | 48% | 28% | 0.02% | $10.60B | Consumer Cyclical |
| XOM | ExxonMobil Holdings Corporation | $147.36 | +1.34% | 88 | 34% | 60% | 0.03% | $610.80B | Energy |
| PPG | PPG Industries, Inc. | $117.36 | -1.11% | 88 | 38% | 75% | 0.02% | $26.16B | Basic Materials |
| WEC | WEC Energy Group, Inc. | $113.35 | -1.00% | 88 | 23% | 63% | 0.03% | $36.92B | Utilities |
| FNF | Fidelity National Financial, Inc. | $51.90 | -0.12% | 87 | 31% | 20% | 0.04% | $13.97B | Financial Services |
| DKS | Dick's Sporting Goods, Inc. | $217.36 | +0.22% | 87 | 42% | 41% | 0.02% | $19.45B | Consumer Cyclical |
| CI | The Cigna Group | $281.45 | +0.05% | 87 | 44% | 73% | 0.02% | $74.45B | Financial Services |
| KDP | Keurig Dr Pepper Inc. | $30.91 | -1.56% | 87 | 38% | 32% | 0.03% | $42.05B | Consumer Defensive |
| CCI | Crown Castle Inc. | $79.17 | +0.56% | 87 | 36% | 96% | 0.05% | $34.55B | Real Estate |
| BR | Broadridge Financial Solutions Inc | $149.91 | -2.06% | 87 | 39% | 74% | 0.02% | $17.34B | Industrials |
| BAM | Brookfield Asset Management Ltd. | $48.33 | -2.50% | 86 | 34% | 55% | 0.04% | $77.17B | Financial Services |
| ACN | Accenture PLC | $143.57 | -0.97% | 86 | 51% | 69% | 0.05% | $87.86B | Industrials |
| HSY | The Hershey Company | $171.42 | -1.89% | 86 | 34% | 70% | 0.03% | $34.77B | Consumer Defensive |
| PHG | KONINKLIJKE PHILIPS N.V. | $26.95 | -1.25% | 86 | 40% | 42% | 0.03% | $26.19B | Other |
| LMT | Lockheed Martin Corp. | $508.77 | -0.77% | 86 | 46% | 70% | 0.03% | $117.30B | Consumer Cyclical |
| QSR | Restaurant Brands International Inc. | $75.01 | -2.77% | 86 | 29% | 69% | 0.03% | $34.23B | Consumer Cyclical |
| SRE | Sempra | $92.25 | -1.32% | 86 | 28% | 64% | 0.03% | $60.30B | Utilities |
| DTE | DTE Energy Company | $148.19 | -0.48% | 86 | 23% | 60% | 0.03% | $30.83B | Utilities |
| PR | Permian Resources Corporation | $20.21 | +2.33% | 85 | 41% | 57% | 0.03% | $17.41B | Energy |
| STZ | Constellation Brands, Inc. | $132.87 | -1.82% | 85 | 34% | 51% | 0.03% | $22.69B | Consumer Defensive |
| WFC | Wells Fargo & Co. | $87.51 | -0.57% | 85 | 27% | 32% | 0.02% | $267.80B | Financial Services |
| KMB | Kimberly-Clark Corp. | $108.35 | -1.35% | 85 | 31% | 74% | 0.05% | $35.97B | Basic Materials |
| WMG | Warner Music Group Corp. Class A Common Stock | $28.33 | -0.77% | 85 | 45% | 49% | 0.03% | $14.78B | Consumer Cyclical |
| ARCC | Ares Capital Corporation | $19.17 | -0.10% | 85 | 20% | 7% | 0.10% | $13.76B | Other |
| TRI | Thomson Reuters Corporation Common Shares | $96.20 | -2.65% | 85 | 54% | 53% | 0.03% | $42.00B | Other |
| KEY | KeyCorp | $23.55 | -1.83% | 85 | 28% | 27% | 0.03% | $25.42B | Financial Services |
| AWK | American Water Works Company, Inc | $135.11 | +0.58% | 85 | 24% | 53% | 0.02% | $26.38B | Utilities |
| PAYX | Paychex Inc | $114.39 | -0.09% | 84 | 30% | 46% | 0.04% | $40.68B | Industrials |
| COP | ConocoPhillips | $114.71 | +1.91% | 84 | 34% | 52% | 0.03% | $139.75B | Energy |
| HBAN | Huntington Bancshares Inc | $18.25 | -1.67% | 84 | 28% | 38% | 0.03% | $37.00B | Financial Services |
Live prices and scores are refreshed hourly. Click any symbol to open it in the screener with the full Tier 2 analysis.
Frequently Asked Questions
Do I collect the dividend if I'm short a put?
No — you only collect dividends if you actually own the shares. The wheel is designed so that assignment puts you in the stock, at which point you start collecting dividends until the shares are called away.
Does selling covered calls affect my dividend?
Not directly — you still own the shares, so you collect the dividend as long as you hold through the ex-date. However, if your call goes deep ITM near ex-div, there's a risk of early assignment to capture the dividend.
Why exclude small-cap dividend stocks?
Small-cap stocks with high dividend yields are often 'dividend traps' — high yield because the price has fallen, often signaling fundamental problems. The $10B cap floor screens out most of these.
Other Wheel Lists
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Mega-Cap Wheel Kings
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