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 KEY-T KEYERA CORP 6.71 3.75 0.00 -8.47 BBB- N-A 130.89 14.70 ENB-T ENBRIDGE INC 6.49 8.51 3.04 14.40 BBB+ Baa1 116.18 18.43 GWO-T GREAT-WEST LIFECO INC 6.41 6.00 8.90 -12.68 A+ N-A 53.58 4.11 IGM-T IGM FINANCIAL INC 6.40 0.00 0.00 -18.13 A N-A 54.89 8.50 SPB-T SUPERIOR PLUS CORP 6.39 0.00 0.00 -23.33 BB- N-A N-A 59.15 GEI-T GIBSON ENERGY INC 6.37 1.47 3.65 -0.31 BBB- Ba2 141.43 22.06 CJR-B-T CORUS ENTERTAINMENT INC-B SH 6.28 -26.77 0.00 -31.34 BB N-A 28.98 5.05 MFC-T MANULIFE FINANCIAL CORP 6.16 10.24 13.39 -6.60 A N-A 32.98 7.20 RUS-T RUSSEL METALS INC 6.07 0.00 0.00 -23.10 BB+ Ba1 22.07 3.48 POW-T POWER CORP OF CANADA 5.98 6.69 5.31 -13.83 A+ N-A 42.63 8.85 BCE-T BCE INC 5.92 5.10 5.12 8.19 BBB+ Baa2 117.09 18.32 PPL-T PEMBINA PIPELINE CORP 5.84 5.26 0.00 13.88 BBB N-A 126.23 14.95 TCL-A-T TRANSCONTINENTAL INC-CL A 5.82 3.58 0.00 -31.88 BBB- N-A 59.95 11.93 CHP-UN-T CHOICE PROPERTIES REIT 5.49 0.85 0.00 -2.01 BBB N-A 2325.65 N-A BNS-T BANK OF NOVA SCOTIA 5.45 5.12 5.56 -1.43 A+ N-A 46.54 9.00 TRP-T TC ENERGY CORP 5.42 8.63 6.36 11.36 BBB+ Baa2 187.82 15.19 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.40 3.99 4.84 1.85 BBB N-A 91.62 23.56 AQN-T ALGONQUIN POWER & UTILITIES 5.35 8.24 5.51 -2.19 BBB N-A 165.34 26.95 CM-T CAN IMPERIAL BK OF COMMERCE 5.33 4.49 5.14 -11.03 A+ N-A 41.81 9.49 AP-UN-T ALLIED PROPERTIES REAL ESTAT 5.20 2.58 2.99 -23.03 N-A Baa2 48.86 44.66 CIX-T CI FINANCIAL CORP 5.11 -12.23 0.00 -37.20 BBB- Baa2 35.78 5.06 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.04 -7.02 -20.97 -4.38 BBB N-A 50.83 11.70 CPX-T CAPITAL POWER CORP 4.89 7.02 6.82 12.75 BBB- N-A 505.52 22.63 CAS-T CASCADES INC 4.77 24.57 50.00 -31.40 BB- Ba2 N-A N-A CU-T CANADIAN UTILITIES LTD-A 4.77 5.31 1.01 10.96 BBB+ N-A 144.73 17.07 SLF-T SUN LIFE FINANCIAL INC 4.77 8.79 16.36 -4.52 A+ N-A 34.41 9.16 T-T TELUS CORP 4.76 6.49 6.48 7.88 BBB+ Baa1 103.37 25.71 LB-T LAURENTIAN BANK OF CANADA 4.71 -7.04 5.00 -10.72 BBB N-A 154.91 7.86 CNQ-T CANADIAN NATURAL RESOURCES 4.64 19.95 42.88 49.97 BBB- Baa1 30.79 9.00 BMO-T BANK OF MONTREAL 4.56 6.55 12.74 -1.13 A+ N-A 36.56 8.81 EMA-T EMERA INC 4.44 4.66 3.96 10.21 BBB Baa3 128.82 15.39 QSR-T RESTAURANT BRANDS INTERN 4.42 23.99 2.79 -18.17 BB N-A 78.42 14.94 NA-T NATIONAL BANK OF CANADA 4.41 8.42 18.66 -7.02 A N-A 31.36 8.51 SU-T SUNCOR ENERGY INC 4.40 4.50 80.95 45.32 BBB+ Baa1 37.96 10.49 ACO-X-T ATCO LTD -CLASS I 4.36 8.24 3.00 -1.99 BBB+ N-A 83.22 18.99 ABX-T BARRICK GOLD CORP 4.25 48.86 57.62 -3.39 BBB+ Baa1 32.55 17.08 TD-T TORONTO-DOMINION BANK 4.24 8.35 6.33 -0.03 AA- N-A 40.86 10.48 IAG-T IA FINANCIAL CORP INC 4.18 11.99 21.65 -9.96 A N-A 26.99 N-A RY-T ROYAL BANK OF CANADA 4.15 6.43 5.56 1.53 AA- N-A 39.02 10.77 ALA-T ALTAGAS LTD 4.04 -12.70 7.82 3.66 BBB- N-A 122.17 33.46 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.00 15.10 7.03 -14.54 BBB N-A 26.67 8.44 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.92 3.89 3.31 -0.33 N-A (P)Baa2 14.71 N-A BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.81 4.02 5.74 11.88 BBB+ N-A 108.86 32.31 GSY-T GOEASY LTD 3.74 41.43 41.44 -38.22 BB- Ba3 24.90 10.50 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.66 -0.34 5.41 0.90 BBB+ N-A N-A N-A FTT-T FINNING INTERNATIONAL INC 3.65 4.53 11.10 -19.44 BBB+ N-A 38.94 10.97 FTS-T FORTIS INC 3.61 6.02 5.90 9.66 A- Baa3 79.85 22.92 H-T HYDRO ONE LTD 3.32 4.88 5.00 14.96 A- N-A 65.18 20.04 AEM-T AGNICO EAGLE MINES LTD 3.32 29.12 20.17 -16.60 NR Baa2 62.61 26.89 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.25 0.82 0.00 -1.60 BBB+ *- Baa1 *- 64.83 16.39 CCA-T COGECO COMMUNICATIONS INC 3.22 10.40 10.20 -21.16 BB+ N-A 30.22 9.67 MG-T MAGNA INTERNATIONAL INC 3.21 10.00 6.82 -35.81 A- A3 33.95 11.16 SJR-B-T SHAW COMMUNICATIONS INC-B 3.14 0.00 0.00 10.00 BBB- Baa2 *- 61.07 18.79 K-T KINROSS GOLD CORP 2.95 N-A 0.06 -34.05 BBB- Baa3 0.00 15.99 YRI-T YAMANA GOLD INC 2.55 40.80 31.27 17.22 BBB- Baa3 71.05 18.93 SAP-T SAPUTO INC 2.53 3.71 2.86 -20.58 N-A Baa1 109.01 32.71 NTR-T NUTRIEN LTD 2.43 N-A -1.42 40.13 BBB Baa2 33.24 9.73 EFN-T ELEMENT FLEET MANAGEMENT COR 2.36 13.70 29.55 -7.87 BBB N-A 35.21 17.06 IMO-T IMPERIAL OIL LTD 2.34 14.87 31.18 49.28 AA- N-A 29.41 12.56 OTEX-T OPEN TEXT CORP 2.23 12.02 13.54 -18.62 BB+ Ba1 68.16 21.08 IFC-T INTACT FINANCIAL CORP 2.22 8.92 12.65 8.77 N-A Baa1 27.42 15.00 ITP-T INTERTAPE POLYMER GROUP INC 2.22 3.21 10.61 44.03 BB- *- Ba2 *- 56.98 34.12 CNR-T CANADIAN NATL RAILWAY CO 2.06 11.34 13.24 10.83 A A2 35.63 23.62 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.00 -0.88 -1.30 15.65 BBB Baa3 7.73 31.75 CVE-T CENOVUS ENERGY INC 1.82 -0.76 450.00 93.20 BBB- N-A 29.98 12.59 TRI-T THOMSON REUTERS CORP 1.72 1.53 8.08 11.94 BBB Baa2 14.06 32.84 WFG-T WEST FRASER TIMBER CO LTD 1.65 34.00 42.30 7.62 BBB- Baa3 2.88 2.42 CCL-B-T CCL INDUSTRIES INC - CL B 1.63 15.92 15.38 -14.08 BBB Baa2 25.20 17.58 MRU-T METRO INC/CN 1.63 11.66 10.53 15.87 BBB N-A 29.91 19.56 RBA-T RITCHIE BROS AUCTIONEERS 1.63 6.94 13.16 5.90 BB+ Ba2 70.46 35.82 MX-T METHANEX CORP 1.54 -14.91 250.54 21.43 BB Ba1 5.11 5.94 L-T LOBLAW COMPANIES LTD 1.44 7.39 13.64 49.37 BBB N-A 25.34 19.33 TA-T TRANSALTA CORP 1.42 4.04 11.43 15.38 BB+ Ba1 N-A 411.16 TECK-B-T TECK RESOURCES LTD-CLS B 1.24 41.47 325.00 46.45 BBB- Baa3 3.71 5.34 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.23 7.54 8.30 -7.90 A- Baa1 22.69 N-A 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 0.85 13.70 0.00 -4.59 BBB+ N-A 18.11 19.19 WCN-T WASTE CONNECTIONS INC 0.75 13.06 11.04 6.40 BBB+ Baa2 35.63 41.38 CCO-T CAMECO CORP 0.44 -27.52 0.00 11.55 BBB- N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.38 0.00 0.00 -35.08 B B2 N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.36 -40.42 0.00 -33.79 BB+ N-A 14.02 54.56 DOL-T DOLLARAMA INC 0.30 8.57 11.28 30.85 BBB N-A 9.16 32.11 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.17 N-A 5.86 -10.44 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.04 0.00 0.00 -17.61 B+ N-A 0.83 11.01
Source: Bloomberg
Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today .