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 GWO-T GREAT-WEST LIFECO INC 6.38 6.00 8.90 -13.01 A+ N-A 53.58 4.13 SPB-T SUPERIOR PLUS CORP 6.37 0.00 0.00 -23.25 BB- N-A N-A 59.36 CJR-B-T CORUS ENTERTAINMENT INC-B SH 6.30 -26.77 0.00 -30.45 BB N-A 28.98 5.51 ENB-T ENBRIDGE INC 6.22 8.51 3.04 21.35 BBB+ Baa1 116.18 19.24 IGM-T IGM FINANCIAL INC 6.20 0.00 0.00 -13.04 A N-A 54.89 8.77 KEY-T KEYERA CORP 6.13 3.55 0.00 3.96 BBB- N-A 130.89 16.09 GEI-T GIBSON ENERGY INC 5.87 1.76 4.35 17.68 BBB- Ba2 141.43 23.92 MFC-T MANULIFE FINANCIAL CORP 5.84 10.24 13.39 -0.84 A N-A 32.98 7.60 BCE-T BCE INC 5.83 5.10 5.12 8.05 BBB+ Baa2 117.09 18.58 POW-T POWER CORP OF CANADA 5.81 7.22 7.96 -8.48 A+ N-A 42.63 9.11 RUS-T RUSSEL METALS INC 5.63 0.00 0.00 -17.26 BB+ Ba1 22.07 3.75 TCL-A-T TRANSCONTINENTAL INC-CL A 5.63 3.17 0.00 -29.23 BBB- N-A 59.95 12.34 BNS-T BANK OF NOVA SCOTIA 5.47 5.55 9.17 2.11 A+ N-A 46.54 8.97 AQN-T ALGONQUIN POWER & UTILITIES 5.44 8.28 8.25 -6.47 BBB N-A 165.34 26.56 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.38 4.00 4.57 0.37 BBB N-A 91.62 23.63 PPL-T PEMBINA PIPELINE CORP 5.37 5.15 0.00 26.19 BBB N-A 126.23 16.26 AP-UN-T ALLIED PROPERTIES REAL ESTAT 5.30 2.60 2.97 -24.13 N-A Baa2 48.86 43.85 TRP-T TC ENERGY CORP 5.30 8.26 5.36 17.62 BBB+ Baa2 187.82 15.55 CM-T CAN IMPERIAL BK OF COMMERCE 5.30 4.91 8.56 -8.04 A+ N-A 41.81 8.50 CHP-UN-T CHOICE PROPERTIES REIT 5.25 0.69 0.00 1.39 BBB N-A 2325.65 16.34 ABX-T BARRICK GOLD CORP 5.12 48.86 57.62 -20.43 BBB+ Baa1 32.55 14.31 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.06 -6.92 -17.92 -5.26 BBB N-A 50.83 11.66 CAS-T CASCADES INC 4.98 24.57 50.00 -36.58 BB- Ba2 N-A N-A CIX-T CI FINANCIAL CORP 4.87 -12.26 0.00 -32.84 BBB- Baa2 35.78 5.31 SLF-T SUN LIFE FINANCIAL INC 4.82 8.79 16.36 -6.87 A+ N-A 34.41 9.02 T-T TELUS CORP 4.70 6.49 6.48 9.01 BBB+ Baa1 103.37 26.02 SU-T SUNCOR ENERGY INC 4.66 4.50 80.95 60.23 BBB+ Baa1 37.96 9.91 CPX-T CAPITAL POWER CORP 4.62 7.02 6.83 21.11 BBB- N-A 505.52 23.94 CNQ-T CANADIAN NATURAL RESOURCES 4.62 19.95 42.88 64.79 BBB- Baa1 30.79 9.05 CU-T CANADIAN UTILITIES LTD-A 4.51 5.31 1.01 18.27 BBB+ N-A 144.73 19.09 EMA-T EMERA INC 4.48 4.66 3.96 7.15 BBB Baa3 128.82 15.25 BMO-T BANK OF MONTREAL 4.43 6.55 12.74 5.15 A+ N-A 36.56 9.07 LB-T LAURENTIAN BANK OF CANADA 4.36 -6.65 8.12 2.62 BBB N-A 154.91 8.49 TD-T TORONTO-DOMINION BANK 4.33 8.51 9.49 3.66 AA- N-A 40.86 10.26 NA-T NATIONAL BANK OF CANADA 4.13 8.42 18.66 -1.22 A N-A 31.36 9.10 RY-T ROYAL BANK OF CANADA 4.13 6.43 5.56 2.01 AA- N-A 39.02 10.84 ACO-X-T ATCO LTD -CLASS I 4.10 8.24 3.00 7.60 BBB+ N-A 83.22 20.18 QSR-T RESTAURANT BRANDS INTERN 4.10 23.99 2.79 -13.27 BB N-A 78.42 16.26 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.00 3.83 3.31 -7.78 N-A (P)Baa2 14.71 N-A IAG-T IA FINANCIAL CORP INC 3.90 11.99 21.65 0.50 A N-A 26.99 N-A AEM-T AGNICO EAGLE MINES LTD 3.87 29.12 20.17 -27.86 NR Baa2 62.61 23.10 ALA-T ALTAGAS LTD 3.87 -12.78 7.82 7.27 BBB- N-A 122.17 34.98 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.79 15.10 7.03 -8.44 BBB N-A 26.67 8.89 FTS-T FORTIS INC 3.63 6.02 5.90 9.47 A- Baa3 79.85 22.76 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.63 4.02 5.74 14.10 BBB+ N-A 108.86 34.31 K-T KINROSS GOLD CORP 3.62 N-A 0.06 -44.01 BBB- Baa3 0.00 13.18 FTT-T FINNING INTERNATIONAL INC 3.53 4.53 11.10 -11.88 BBB+ N-A 38.94 11.36 SJR-B-T SHAW COMMUNICATIONS INC-B 3.44 0.00 0.00 -2.26 BBB- Baa2 *- 61.07 20.30 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.42 -0.34 5.41 1.60 BBB+ N-A N-A N-A RCI-B-T ROGERS COMMUNICATIONS INC-B 3.33 0.82 0.00 -3.93 BBB+ *- Baa1 *- 64.83 15.99 GSY-T GOEASY LTD 3.30 38.78 41.44 -29.88 BB- Ba3 24.90 11.90 CCA-T COGECO COMMUNICATIONS INC 3.29 10.40 10.20 -26.70 BB+ N-A 30.22 9.27 H-T HYDRO ONE LTD 3.24 4.88 5.00 17.85 A- N-A 65.18 20.56 MG-T MAGNA INTERNATIONAL INC 2.95 10.00 6.82 -23.86 A- A3 33.95 12.25 YRI-T YAMANA GOLD INC 2.54 41.88 24.32 21.66 BBB- Baa3 71.05 18.98 NTR-T NUTRIEN LTD 2.43 N-A 2.58 39.57 BBB Baa2 33.24 9.76 IMO-T IMPERIAL OIL LTD 2.40 14.87 31.18 70.33 AA- N-A 29.41 12.23 SAP-T SAPUTO INC 2.28 3.71 2.86 -10.05 N-A Baa1 109.01 36.24 IFC-T INTACT FINANCIAL CORP 2.24 8.92 12.65 7.43 N-A Baa1 27.42 14.91 EFN-T ELEMENT FLEET MANAGEMENT COR 2.18 8.27 23.96 3.83 BBB N-A 35.21 18.48 ITP-T INTERTAPE POLYMER GROUP INC 2.18 3.21 10.61 N-A NR WR 56.98 35.08 OTEX-T OPEN TEXT CORP 2.11 12.02 13.54 -16.26 BB+ Ba1 68.16 22.46 CNR-T CANADIAN NATL RAILWAY CO 1.96 11.34 13.24 15.31 A A2 35.63 24.80 CVE-T CENOVUS ENERGY INC 1.88 -0.76 450.00 122.21 BBB- N-A 29.98 12.15 MX-T METHANEX CORP 1.81 -14.91 250.54 20.44 BB Ba1 5.11 6.13 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.79 -0.88 -1.30 35.00 BBB Baa3 7.73 35.84 TRI-T THOMSON REUTERS CORP 1.63 1.53 8.08 9.45 BBB Baa2 14.06 35.06 MRU-T METRO INC/CN 1.58 11.66 10.53 15.16 BBB N-A 29.91 20.23 CCL-B-T CCL INDUSTRIES INC - CL B 1.50 15.92 15.38 -4.49 BBB Baa2 25.20 19.14 RBA-T RITCHIE BROS AUCTIONEERS 1.46 6.94 13.16 16.55 BB+ Ba2 70.46 40.29 TECK-B-T TECK RESOURCES LTD-CLS B 1.46 41.47 325.00 31.30 BBB- Baa3 3.71 4.55 L-T LOBLAW COMPANIES LTD 1.37 7.39 13.64 51.79 BBB N-A 25.34 20.42 TA-T TRANSALTA CORP 1.36 4.04 11.43 19.57 BB+ Ba1 N-A 431.96 WFG-T WEST FRASER TIMBER CO LTD 1.23 34.00 42.30 41.98 BBB- Baa3 2.88 3.28 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.15 7.54 8.30 -3.33 A- Baa1 22.69 N-A ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 10.40 -14.29 N-A BBB Baa2 16.52 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.80 13.00 0.00 5.10 BBB+ N-A 18.11 20.58 WCN-T WASTE CONNECTIONS INC 0.72 13.06 11.04 6.02 BBB+ Baa2 35.63 43.85 HBM-T HUDBAY MINERALS INC 0.45 0.00 0.00 -46.82 B B1 N-A N-A CCO-T CAMECO CORP 0.40 -27.52 0.00 38.73 BBB- N-A N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.33 -40.42 0.00 -20.76 BB+ N-A 14.02 60.04 DOL-T DOLLARAMA INC 0.29 8.57 10.23 33.55 BBB N-A 9.16 33.24 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.18 N-A 8.68 -13.23 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.05 0.00 0.00 -17.67 B+ N-A 0.83 9.51
Source: Bloomberg
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