The table below ranks all S&P/TSX companies by indicated dividend yield, according to Bloomberg data.
Yield-paying index stocks where no credit rating is available from either Standard & Poor’s and Moody’s are excluded from the table. It is intended as a starting point for further research.
We hope the data provided are helpful and credible, but recognize they are not sufficient grounds for actual market transactions on their own.
Investors should verify the data provided and investigate all cases where “N/As” appear in the table before making buy and sell decisions.
As for methodology, we are relying heavily on long-term credit ratings from Standard & Poor’s and Moody’s. Credit rating, payout ratio and trailing price-to-earnings ratios are included so that investors can begin to assess the sustainability of current dividend income and the potential for dividend growth over time.
Notes on data: The dividend yield quoted is based on annualizing the most recent payment. Payout ratio may be different than elsewhere quoted owing to differences in time frame used or method of calculation for after-tax income.
Data is as market close Thursday.
Indicated Dividend Yield 5Y Dividend Growth 1Y Dividend Growth 1Y Total Return S&P LT Credit Rating Moody's LT Credit Rating Payout Ratio PE Ratio IGM-T IGM FINANCIAL INC 6.18 0.00 0.00 -14.44 A N-A 54.89 8.79 ENB-T ENBRIDGE INC 6.04 8.51 3.04 30.50 BBB+ Baa1 116.18 19.82 SPB-T SUPERIOR PLUS CORP 5.96 0.00 0.00 -15.51 BB- N-A N-A 63.50 GWO-T GREAT-WEST LIFECO INC 5.89 5.73 5.94 -5.70 A+ N-A 53.58 4.48 MFC-T MANULIFE FINANCIAL CORP 5.83 9.36 8.93 -5.65 A N-A 32.98 7.61 TCL-A-T TRANSCONTINENTAL INC-CL A 5.81 3.58 0.00 -27.79 BBB- N-A 59.95 11.90 CJR-B-T CORUS ENTERTAINMENT INC-B SH 5.80 -26.77 0.00 -26.09 BB N-A 28.98 5.47 GEI-T GIBSON ENERGY INC 5.77 1.47 3.65 15.19 BBB- Ba2 141.43 24.33 KEY-T KEYERA CORP 5.71 3.94 0.00 19.06 BBB- N-A 130.89 17.27 POW-T POWER CORP OF CANADA 5.69 7.06 5.31 -5.49 A+ N-A 42.63 9.30 BCE-T BCE INC 5.49 5.10 5.11 18.52 BBB+ Baa2 117.09 19.77 AQN-T ALGONQUIN POWER & UTILITIES 5.02 8.24 5.51 3.54 BBB N-A 165.34 28.75 PPL-T PEMBINA PIPELINE CORP 5.00 5.48 0.00 38.28 BBB N-A 126.23 17.44 CHP-UN-T CHOICE PROPERTIES REIT 5.00 1.02 0.00 8.05 BBB N-A 2325.65 N-A BNS-T BANK OF NOVA SCOTIA 4.97 5.12 5.56 6.46 A+ N-A 46.54 9.89 TRP-T TC ENERGY CORP 4.92 8.63 6.36 27.38 BBB+ Baa2 187.82 16.73 CIX-T CI FINANCIAL CORP 4.91 -12.20 0.00 -31.55 BBB- Baa2 35.78 5.36 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.90 3.97 4.63 8.51 BBB N-A 91.62 25.11 CPX-T CAPITAL POWER CORP 4.88 7.02 6.82 18.29 BBB- N-A 505.52 22.68 RUS-T RUSSEL METALS INC 4.83 0.00 0.00 -0.98 BB+ Ba2 22.07 4.37 CAS-T CASCADES INC 4.71 22.42 37.50 -21.29 BB- Ba2 N-A N-A CM-T CAN IMPERIAL BK OF COMMERCE 4.70 4.49 5.14 6.30 A+ N-A 41.81 9.10 LB-T LAURENTIAN BANK OF CANADA 4.68 -7.04 5.00 -8.42 BBB N-A 154.91 7.85 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.60 -7.11 -23.83 9.29 BBB N-A 50.83 12.80 AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.51 2.57 3.00 -8.11 N-A Baa2 48.86 51.47 CU-T CANADIAN UTILITIES LTD-A 4.48 5.31 1.01 18.13 BBB+ N-A 144.73 17.65 SLF-T SUN LIFE FINANCIAL INC 4.47 7.96 10.00 -1.31 A+ N-A 34.41 9.78 T-T TELUS CORP 4.42 6.49 6.83 20.04 BBB+ Baa1 103.37 27.67 QSR-T RESTAURANT BRANDS INTERN 4.30 23.60 -0.78 -19.41 BB N-A 78.42 15.45 EMA-T EMERA INC 4.19 4.66 3.96 16.86 BBB Baa3 128.82 16.30 BMO-T BANK OF MONTREAL 4.07 6.55 12.74 10.03 A+ N-A 36.56 9.76 ACO/X-T ATCO LTD -CLASS I 3.96 8.85 3.00 11.35 BBB+ N-A 83.22 20.93 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.89 15.10 7.03 -17.20 BBB N-A 26.67 8.66 TD-T TORONTO-DOMINION BANK 3.88 8.35 6.33 8.35 AA- N-A 40.86 11.42 IAG-T IA FINANCIAL CORP INC 3.87 11.13 14.43 -5.14 A N-A 26.99 N-A SU-T SUNCOR ENERGY INC 3.87 1.15 50.00 81.75 BBB+ Baa1 37.96 11.92 ABX-T BARRICK GOLD CORP 3.86 53.00 129.16 -7.75 BBB+ Baa1 32.55 19.12 CNQ-T CANADIAN NATURAL RESOURCES 3.79 18.25 30.52 106.09 BBB- Baa1 11.56 11.04 RY-T ROYAL BANK OF CANADA 3.78 6.43 5.56 6.85 AA- N-A 39.02 11.29 NA-T NATIONAL BANK OF CANADA 3.78 7.32 11.27 2.24 A N-A 31.36 9.70 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.62 -0.42 -5.37 -3.27 BBB+ N-A N-A N-A ALA-T ALTAGAS LTD 3.57 -12.53 8.55 27.33 BBB- N-A 122.17 37.88 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.57 3.95 3.31 10.29 N-A (P)Baa2 14.71 N-A BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.57 4.37 1.06 24.00 BBB+ N-A 108.86 35.49 FTS-T FORTIS INC 3.38 6.02 5.90 18.77 A- Baa3 79.85 24.46 GSY-T GOEASY LTD 3.33 39.10 43.78 -23.38 BB- Ba3 24.90 11.80 SJR-B-T SHAW COMMUNICATIONS INC-B 3.31 0.00 0.00 2.61 BBB- Baa2 *- 61.07 17.84 H-T HYDRO ONE LTD 3.19 4.86 5.01 19.87 A- N-A 65.18 20.89 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.10 0.82 0.00 7.72 BBB+ *- Baa1 *- 64.83 17.15 AEM-T AGNICO EAGLE MINES LTD 2.96 29.49 26.62 -19.98 N-A Baa2 62.61 30.18 MG-T MAGNA INTERNATIONAL INC 2.92 10.69 6.82 -28.98 A- A3 33.95 11.86 SAP-T SAPUTO INC 2.88 4.10 2.88 -35.39 N-A Baa1 45.54 27.56 FTT-T FINNING INTERNATIONAL INC 2.85 3.81 7.32 5.20 BBB+ N-A 38.94 14.06 CCA-T COGECO COMMUNICATIONS INC 2.76 10.40 10.20 -9.57 BB+ N-A 30.22 11.27 K-T KINROSS GOLD CORP 2.67 N-A 29.47 -39.80 BBB- Baa3 0.00 18.20 OTEX-T OPEN TEXT CORP 2.31 12.30 10.38 -10.66 BB+ Ba1 68.16 21.00 YRI-T YAMANA GOLD INC 2.28 40.80 31.27 10.36 BBB- Baa3 71.05 21.13 IFC-T INTACT FINANCIAL CORP 2.27 8.45 7.53 12.40 N-A Baa1 27.42 14.67 EFN-T ELEMENT FLEET MANAGEMENT COR 2.26 13.70 29.55 4.52 BBB N-A 35.21 17.79 ITP-T INTERTAPE POLYMER GROUP INC 2.25 3.08 5.88 32.29 BB- *- Ba2 *- 56.98 33.70 IMO-T IMPERIAL OIL LTD 2.09 13.90 30.68 73.08 AA- N-A 29.41 14.06 CNR-T CANADIAN NATL RAILWAY CO 2.06 10.89 10.15 12.67 A A2 35.63 23.60 NTR-T NUTRIEN LTD 1.90 N-A -1.42 84.48 BBB Baa2 33.24 12.49 TRI-T THOMSON REUTERS CORP 1.86 0.75 3.98 8.24 BBB Baa2 14.06 30.76 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.81 -0.88 -1.30 24.81 BBB- Baa3 7.73 35.61 RBA-T RITCHIE BROS AUCTIONEERS 1.65 6.00 7.28 5.41 BB+ *- Ba2 70.46 35.86 MRU-T METRO INC/CN 1.64 11.66 10.53 16.83 BBB N-A 29.91 19.48 CCL-B-T CCL INDUSTRIES INC - CL B 1.59 15.96 16.00 -9.75 BBB Baa2 25.20 18.07 CVE-T CENOVUS ENERGY INC 1.55 -12.09 500.00 189.13 BBB- N-A 29.98 14.74 L-T LOBLAW COMPANIES LTD 1.48 6.58 10.00 49.61 BBB N-A 25.34 18.90 TA-T TRANSALTA CORP 1.38 3.50 10.14 32.28 BB+ Ba1 N-A 424.93 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.21 7.47 3.77 1.98 A- Baa1 22.69 N-A MX-T METHANEX CORP 1.16 -18.44 168.13 46.94 BB Ba1 5.11 7.88 WFG-T WEST FRASER TIMBER CO LTD 1.13 30.80 34.00 23.42 BBB- Baa3 2.88 2.93 TECK-B-T TECK RESOURCES LTD-CLS B 0.97 50.61 287.50 90.03 BBB- Baa3 3.71 6.84 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 11.22 -9.52 N-A BBB Baa2 13.58 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.86 13.70 3.26 -8.75 BBB+ N-A 18.11 18.99 WCN-T WASTE CONNECTIONS INC 0.75 13.06 11.04 7.41 BBB+ Baa2 35.63 42.01 CCO-T CAMECO CORP 0.41 -27.52 0.00 25.13 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.34 8.57 11.28 22.15 BBB N-A 9.16 30.15 SNC-T SNC-LAVALIN GROUP INC 0.31 -40.42 0.00 -23.15 BB+ N-A 14.02 62.70 HBM-T HUDBAY MINERALS INC 0.27 0.00 0.00 -19.79 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.17 N-A 5.86 -6.23 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 0.00 0.00 30.45 B+ N-A 0.83 17.28
Source: Bloomberg
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