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 ENB-T ENBRIDGE INC 5.83 8.51 3.04 34.74 BBB+ Baa1 116.18 20.54 GWO-T GREAT-WEST LIFECO INC 5.80 6.00 8.90 -3.52 A+ N-A 53.58 4.55 IGM-T IGM FINANCIAL INC 5.78 0.00 0.00 -8.82 A N-A 54.89 9.40 SPB-T SUPERIOR PLUS CORP 5.75 0.00 0.00 -13.40 BB- N-A N-A 65.82 MFC-T MANULIFE FINANCIAL CORP 5.61 10.24 13.39 -1.90 A N-A 32.98 7.91 KEY-T KEYERA CORP 5.49 3.94 0.00 15.29 BBB- N-A 130.89 17.97 TCL-A-T TRANSCONTINENTAL INC-CL A 5.47 3.58 0.00 -21.63 BBB- N-A 59.95 12.64 GEI-T GIBSON ENERGY INC 5.39 1.47 3.65 18.60 BBB- Ba2 141.43 26.06 POW-T POWER CORP OF CANADA 5.39 7.06 5.31 -2.93 A+ N-A 42.63 9.82 BCE-T BCE INC 5.34 5.10 5.11 20.03 BBB+ Baa2 117.09 20.32 CJR-B-T CORUS ENTERTAINMENT INC-B SH 5.33 -26.77 0.00 -25.27 BB N-A 28.98 5.95 AQN-T ALGONQUIN POWER & UTILITIES 4.95 8.24 5.51 2.98 BBB N-A 165.34 29.11 CHP-UN-T CHOICE PROPERTIES REIT 4.94 0.85 0.00 8.22 BBB N-A 2325.65 N-A TRP-T TC ENERGY CORP 4.86 8.63 6.36 24.97 BBB+ Baa2 187.82 16.95 CPX-T CAPITAL POWER CORP 4.81 7.02 6.82 24.28 BBB- N-A 505.52 22.98 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.81 3.99 4.84 11.28 BBB N-A 91.62 25.57 PPL-T PEMBINA PIPELINE CORP 4.81 5.37 0.00 45.90 BBB N-A 126.23 18.15 BNS-T BANK OF NOVA SCOTIA 4.79 5.12 5.56 10.23 A+ N-A 46.54 10.24 RUS-T RUSSEL METALS INC 4.75 0.00 0.00 1.67 BB+ Ba2 22.07 4.44 CM-T CAN IMPERIAL BK OF COMMERCE 4.68 4.49 5.14 1.79 A+ N-A 41.81 10.81 CAS-T CASCADES INC 4.64 24.57 50.00 -20.19 BB- Ba2 N-A N-A AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.54 2.58 2.99 -11.67 N-A Baa2 48.86 51.14 CIX-T CI FINANCIAL CORP 4.49 -12.23 0.00 -26.13 BBB- Baa2 35.78 5.76 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.48 -7.02 -20.97 10.68 BBB N-A 50.83 13.15 CU-T CANADIAN UTILITIES LTD-A 4.44 5.31 1.01 19.26 BBB+ N-A 144.73 17.78 SLF-T SUN LIFE FINANCIAL INC 4.41 8.79 16.36 -0.36 A+ N-A 34.41 9.91 T-T TELUS CORP 4.26 6.49 6.83 20.05 BBB+ Baa1 103.37 28.69 LB-T LAURENTIAN BANK OF CANADA 4.19 -7.04 5.00 0.61 BBB N-A 154.91 8.83 EMA-T EMERA INC 4.17 4.66 3.96 17.33 BBB Baa3 128.82 16.37 QSR-T RESTAURANT BRANDS INTERN 4.08 23.60 -0.78 -17.68 BB N-A 78.42 16.22 ACO-X-T ATCO LTD -CLASS I 4.08 9.01 3.00 8.12 BBB+ N-A 83.22 20.31 BMO-T BANK OF MONTREAL 4.02 6.55 12.74 11.44 A+ N-A 36.56 N-A ABX-T BARRICK GOLD CORP 3.88 48.86 57.62 -2.34 BBB+ Baa1 32.55 19.34 RY-T ROYAL BANK OF CANADA 3.85 6.43 5.56 9.01 AA- N-A 39.02 11.60 NA-T NATIONAL BANK OF CANADA 3.76 7.32 11.27 8.69 A N-A 31.36 9.99 IAG-T IA FINANCIAL CORP INC 3.75 11.99 21.65 -2.04 A N-A 26.99 N-A CTC-A-T CANADIAN TIRE CORP-CLASS A 3.74 15.10 7.03 -11.66 BBB N-A 26.67 9.02 SU-T SUNCOR ENERGY INC 3.70 4.50 80.95 75.02 BBB+ Baa1 37.96 12.47 TD-T TORONTO-DOMINION BANK 3.68 8.35 6.33 14.35 AA- N-A 40.86 12.08 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.59 -0.34 5.41 -1.22 BBB+ N-A N-A N-A ALA-T ALTAGAS LTD 3.50 -12.61 8.19 26.89 BBB- N-A 122.17 38.64 CNQ-T CANADIAN NATURAL RESOURCES 3.50 18.25 30.52 98.82 BBB- Baa1 30.79 11.94 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.49 4.02 5.74 22.52 BBB+ N-A 108.86 36.47 FTS-T FORTIS INC 3.39 6.02 5.90 19.04 A- Baa3 79.85 24.41 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.37 3.89 3.31 19.44 N-A (P)Baa2 14.71 N-A SJR-B-T SHAW COMMUNICATIONS INC-B 3.32 0.00 0.00 2.21 BBB- Baa2 *- 61.07 17.79 H-T HYDRO ONE LTD 3.15 4.86 5.01 19.37 A- N-A 65.18 21.10 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.10 0.82 0.00 6.75 BBB+ *- Baa1 *- 64.83 17.17 GSY-T GOEASY LTD 3.02 39.10 43.78 -15.88 BB- Ba3 24.90 13.00 AEM-T AGNICO EAGLE MINES LTD 2.88 29.12 20.17 -15.30 NR Baa2 62.61 30.92 MG-T MAGNA INTERNATIONAL INC 2.82 10.00 6.82 -30.61 A- A3 33.95 12.51 CCA-T COGECO COMMUNICATIONS INC 2.82 10.40 10.20 -12.78 BB+ N-A 30.22 11.05 SAP-T SAPUTO INC 2.81 4.10 2.88 -33.48 N-A Baa1 45.54 28.15 FTT-T FINNING INTERNATIONAL INC 2.76 4.53 11.10 14.21 BBB+ N-A 38.94 14.52 K-T KINROSS GOLD CORP 2.57 N-A 0.06 -36.72 BBB- Baa3 0.00 18.96 EFN-T ELEMENT FLEET MANAGEMENT COR 2.19 13.70 29.55 6.68 BBB N-A 35.21 18.39 IFC-T INTACT FINANCIAL CORP 2.16 8.45 7.53 11.62 N-A Baa1 27.42 15.41 OTEX-T OPEN TEXT CORP 2.14 12.02 13.54 -8.36 BB+ Ba1 68.16 22.62 ITP-T INTERTAPE POLYMER GROUP INC 2.14 3.08 5.88 44.17 BB- *- Ba2 *- 56.98 35.43 YRI-T YAMANA GOLD INC 2.04 40.80 31.27 22.40 BBB- Baa3 71.05 23.54 NTR-T NUTRIEN LTD 2.00 N-A -1.42 63.12 BBB Baa2 33.24 11.80 CNR-T CANADIAN NATL RAILWAY CO 1.97 10.89 10.15 11.94 A A2 35.63 24.69 IMO-T IMPERIAL OIL LTD 1.97 14.87 31.18 73.96 AA- N-A 29.41 14.92 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.81 -0.88 -1.30 22.25 BBB Baa3 7.73 36.15 TRI-T THOMSON REUTERS CORP 1.80 1.53 8.08 8.51 BBB Baa2 14.06 32.37 RBA-T RITCHIE BROS AUCTIONEERS 1.65 6.94 13.16 8.62 BB+ Ba2 70.46 36.41 CCL-B-T CCL INDUSTRIES INC - CL B 1.56 15.96 16.00 -10.06 BBB Baa2 25.20 18.36 MRU-T METRO INC/CN 1.55 11.66 10.53 23.43 BBB N-A 29.91 20.53 L-T LOBLAW COMPANIES LTD 1.40 6.58 10.00 57.07 BBB N-A 25.34 19.91 CVE-T CENOVUS ENERGY INC 1.40 -12.09 500.00 171.91 BBB- N-A 29.98 16.35 TA-T TRANSALTA CORP 1.38 4.04 11.43 28.08 BB+ Ba1 N-A 423.17 WFG-T WEST FRASER TIMBER CO LTD 1.12 30.80 34.00 26.27 BBB- Baa3 2.88 2.99 MX-T METHANEX CORP 1.11 -18.44 168.13 48.94 BB Ba1 5.11 8.21 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.10 7.54 8.30 8.60 A- Baa1 22.69 N-A TECK-B-T TECK RESOURCES LTD-CLS B 0.90 50.61 287.50 96.71 BBB- Baa3 3.71 7.41 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 0.79 13.70 3.26 -1.41 BBB+ N-A 18.11 20.74 WCN-T WASTE CONNECTIONS INC 0.72 13.06 11.04 12.99 BBB+ Baa2 35.63 44.69 CCO-T CAMECO CORP 0.37 -27.52 0.00 26.64 BBB- N-A N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.31 -40.42 0.00 -19.34 BB+ N-A 14.02 62.84 DOL-T DOLLARAMA INC 0.31 8.57 11.28 32.70 BBB N-A 9.16 32.81 HBM-T HUDBAY MINERALS INC 0.26 0.00 0.00 -13.74 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.15 N-A 5.86 3.72 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 0.00 0.00 36.62 B+ N-A 0.83 19.04
Source: Bloomberg
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