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 GEI-T GIBSON ENERGY INC 6.73 1.76 4.35 12.04 BBB- Ba2 141.43 23.09 KEY-T KEYERA CORP 6.53 3.75 0.00 -3.62 BBB- N-A 130.89 15.17 IGM-T IGM FINANCIAL INC 6.41 0.00 0.00 -14.57 A N-A 54.89 8.49 CJR-B-T CORUS ENTERTAINMENT INC-B SH 6.40 -26.77 0.00 -34.89 BB N-A 28.98 5.29 ENB-T ENBRIDGE INC 6.37 8.51 3.04 16.47 BBB+ Baa1 116.18 18.97 SPB-T SUPERIOR PLUS CORP 6.26 0.00 0.00 -21.35 BB- N-A N-A 60.35 GWO-T GREAT-WEST LIFECO INC 6.14 6.00 8.90 -8.41 A+ N-A 53.58 4.27 RUS-T RUSSEL METALS INC 5.89 0.00 0.00 -17.63 BB+ Ba1 22.07 3.58 POW-T POWER CORP OF CANADA 5.82 7.22 7.96 -7.77 A+ N-A 42.63 9.05 MFC-T MANULIFE FINANCIAL CORP 5.79 10.24 13.39 0.90 A N-A 32.98 7.63 TCL-A-T TRANSCONTINENTAL INC-CL A 5.78 3.17 0.00 -29.27 BBB- N-A 59.95 12.02 BCE-T BCE INC 5.73 5.10 5.12 8.77 BBB+ Baa2 117.09 18.81 PPL-T PEMBINA PIPELINE CORP 5.61 5.26 0.00 24.86 BBB N-A 126.23 15.89 BNS-T BANK OF NOVA SCOTIA 5.47 5.55 9.17 1.41 A+ N-A 46.54 8.97 TRP-T TC ENERGY CORP 5.45 8.26 5.36 14.08 BBB+ Baa2 187.82 15.30 AQN-T ALGONQUIN POWER & UTILITIES 5.31 8.28 8.25 -2.20 BBB N-A 165.34 26.72 CHP-UN-T CHOICE PROPERTIES REIT 5.29 0.69 0.00 -0.09 BBB N-A 2325.65 N-A CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.25 4.00 4.57 3.29 BBB N-A 91.62 24.22 CM-T CAN IMPERIAL BK OF COMMERCE 5.22 4.91 8.56 -5.43 A+ N-A 41.81 8.61 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.08 -6.92 -17.92 -6.77 BBB N-A 50.83 11.61 CIX-T CI FINANCIAL CORP 5.02 -12.26 0.00 -34.32 BBB- Baa2 35.78 5.12 AP-UN-T ALLIED PROPERTIES REAL ESTAT 5.02 2.60 2.97 -21.16 N-A Baa2 48.86 45.29 CPX-T CAPITAL POWER CORP 4.87 7.02 6.83 14.96 BBB- N-A 505.52 22.94 CAS-T CASCADES INC 4.80 24.57 50.00 -31.85 BB- Ba2 N-A N-A CU-T CANADIAN UTILITIES LTD-A 4.74 5.31 1.01 15.58 BBB+ N-A 144.73 18.60 T-T TELUS CORP 4.67 6.49 6.48 8.68 BBB+ Baa1 103.37 26.11 SLF-T SUN LIFE FINANCIAL INC 4.63 8.79 16.36 -1.44 A+ N-A 34.41 9.31 CNQ-T CANADIAN NATURAL RESOURCES 4.62 19.95 42.88 52.93 BBB- Baa1 30.79 9.02 LB-T LAURENTIAN BANK OF CANADA 4.61 -6.65 8.12 -3.59 BBB N-A 154.91 8.04 ABX-T BARRICK GOLD CORP 4.57 48.86 57.62 -10.48 BBB+ Baa1 32.55 15.88 BMO-T BANK OF MONTREAL 4.41 6.55 12.74 4.71 A+ N-A 36.56 9.13 EMA-T EMERA INC 4.35 4.66 3.96 9.91 BBB Baa3 128.82 15.51 TD-T TORONTO-DOMINION BANK 4.31 8.51 9.49 2.25 AA- N-A 40.86 10.29 SU-T SUNCOR ENERGY INC 4.31 4.50 80.95 56.53 BBB+ Baa1 37.96 10.63 ACO-X-T ATCO LTD -CLASS I 4.29 8.24 3.00 4.94 BBB+ N-A 83.22 19.78 NA-T NATIONAL BANK OF CANADA 4.24 8.42 18.66 -1.86 A N-A 31.36 8.88 QSR-T RESTAURANT BRANDS INTERN 4.16 23.99 2.79 -12.68 BB N-A 78.42 15.86 RY-T ROYAL BANK OF CANADA 4.00 6.43 5.56 4.87 AA- N-A 39.02 11.13 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.95 3.83 3.31 -5.09 N-A (P)Baa2 14.71 N-A IAG-T IA FINANCIAL CORP INC 3.94 11.99 21.65 0.44 A N-A 26.99 N-A CTC-A-T CANADIAN TIRE CORP-CLASS A 3.92 15.10 7.03 -9.41 BBB N-A 26.67 8.77 ALA-T ALTAGAS LTD 3.87 -12.70 7.82 7.20 BBB- N-A 122.17 34.86 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.65 4.02 5.74 10.98 BBB+ N-A 108.86 33.55 FTS-T FORTIS INC 3.54 6.02 5.90 11.59 A- Baa3 79.85 23.23 AEM-T AGNICO EAGLE MINES LTD 3.54 29.12 20.17 -20.40 NR Baa2 62.61 25.24 GSY-T GOEASY LTD 3.53 38.78 41.44 -33.51 BB- Ba3 24.90 11.14 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.52 -0.34 5.41 -1.17 BBB+ N-A N-A N-A FTT-T FINNING INTERNATIONAL INC 3.47 4.53 11.10 -15.22 BBB+ N-A 38.94 11.28 K-T KINROSS GOLD CORP 3.40 N-A 0.06 -42.24 BBB- Baa3 0.00 13.67 SJR-B-T SHAW COMMUNICATIONS INC-B 3.34 0.00 0.00 4.72 BBB- Baa2 *- 61.07 21.47 H-T HYDRO ONE LTD 3.32 4.88 5.00 16.18 A- N-A 65.18 20.37 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.25 0.82 0.00 -3.85 BBB+ *- Baa1 *- 64.83 16.58 CCA-T COGECO COMMUNICATIONS INC 3.20 10.40 10.20 -23.90 BB+ N-A 30.22 9.72 MG-T MAGNA INTERNATIONAL INC 3.15 10.00 6.82 -32.47 A- A3 33.95 11.16 YRI-T YAMANA GOLD INC 2.56 41.88 24.32 20.59 BBB- Baa3 71.05 18.69 NTR-T NUTRIEN LTD 2.47 N-A 2.58 37.15 BBB Baa2 33.24 9.47 SAP-T SAPUTO INC 2.44 3.71 2.86 -19.09 N-A Baa1 109.01 34.00 IMO-T IMPERIAL OIL LTD 2.41 14.87 31.18 65.24 AA- N-A 29.41 12.37 EFN-T ELEMENT FLEET MANAGEMENT COR 2.24 8.27 23.96 -1.47 BBB N-A 35.21 17.97 ITP-T INTERTAPE POLYMER GROUP INC 2.18 3.21 10.61 N-A NR WR 56.98 34.73 OTEX-T OPEN TEXT CORP 2.14 12.02 13.54 -17.91 BB+ Ba1 68.16 21.75 IFC-T INTACT FINANCIAL CORP 2.13 8.92 12.65 12.35 N-A Baa1 27.42 15.65 CNR-T CANADIAN NATL RAILWAY CO 2.03 11.34 13.24 13.23 A A2 35.63 24.41 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.00 -0.88 -1.30 30.54 BBB Baa3 7.73 35.62 CVE-T CENOVUS ENERGY INC 1.79 -0.76 450.00 111.13 BBB- N-A 29.98 12.82 TRI-T THOMSON REUTERS CORP 1.69 1.53 8.08 11.24 BBB Baa2 14.06 33.99 MRU-T METRO INC/CN 1.54 11.66 10.53 18.99 BBB N-A 29.91 20.53 MX-T METHANEX CORP 1.54 -14.91 250.54 27.71 BB Ba1 5.11 6.14 CCL-B-T CCL INDUSTRIES INC - CL B 1.53 15.92 15.38 -6.53 BBB Baa2 25.20 18.74 RBA-T RITCHIE BROS AUCTIONEERS 1.48 6.94 13.16 16.29 BB+ Ba2 70.46 38.57 WFG-T WEST FRASER TIMBER CO LTD 1.41 34.00 42.30 14.27 BBB- Baa3 2.88 2.74 TA-T TRANSALTA CORP 1.37 4.04 11.43 22.77 BB+ Ba1 N-A 434.30 L-T LOBLAW COMPANIES LTD 1.35 7.39 13.64 53.89 BBB N-A 25.34 20.46 TECK-B-T TECK RESOURCES LTD-CLS B 1.32 41.47 325.00 36.19 BBB- Baa3 3.71 4.96 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.19 7.54 8.30 -4.73 A- Baa1 22.69 N-A ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 11.22 -14.29 N-A BBB Baa2 16.52 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.83 13.00 0.00 3.34 BBB+ N-A 18.11 20.19 WCN-T WASTE CONNECTIONS INC 0.76 13.06 11.04 8.69 BBB+ Baa2 35.63 43.22 CCO-T CAMECO CORP 0.43 -27.52 0.00 27.59 BBB- N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.37 0.00 0.00 -36.42 B B2 N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.34 -40.42 0.00 -27.97 BB+ N-A 14.02 56.40 DOL-T DOLLARAMA INC 0.29 8.57 10.23 34.62 BBB N-A 9.16 33.00 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.18 N-A 5.86 -14.82 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.05 0.00 0.00 -5.22 B+ N-A 0.83 12.66
Source: Bloomberg
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