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 of 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 SPB-T SUPERIOR PLUS CORP 6.38 0.00 0.00 -24.11 BB- N-A N-A 34.08 GWO-T GREAT-WEST LIFECO INC 6.10 6.00 8.90 -14.25 A+ N-A 53.58 1.74 ENB-T ENBRIDGE INC 6.08 7.92 3.02 22.75 BBB+ Baa1 116.18 20.03 CJR-B-T CORUS ENTERTAINMENT INC-B SH 6.05 -26.77 0.00 -30.08 BB N-A 28.98 5.74 KEY-T KEYERA CORP 5.98 3.55 0.00 9.13 BBB- N-A 130.89 14.07 GEI-T GIBSON ENERGY INC 5.96 1.76 4.35 15.91 BBB- Ba2 141.43 23.77 IGM-T IGM FINANCIAL INC 5.94 0.00 0.00 -13.65 A N-A 54.89 9.42 BCE-T BCE INC 5.72 5.10 5.12 6.56 BBB+ Baa2 117.09 18.44 POW-T POWER CORP OF CANADA 5.63 7.22 7.96 -12.69 A+ N-A 42.63 11.81 TRP-T TC ENERGY CORP 5.56 8.26 5.36 13.53 BBB+ Baa2 187.82 15.29 MFC-T MANULIFE FINANCIAL CORP 5.53 10.24 13.39 -1.65 A N-A 32.98 2.67 TCL-A-T TRANSCONTINENTAL INC-CL A 5.40 3.17 0.00 -32.36 BBB- N-A 59.95 12.88 RUS-T RUSSEL METALS INC 5.34 0.00 0.00 -19.36 BB+ Ba1 22.07 3.93 PPL-T PEMBINA PIPELINE CORP 5.25 5.15 0.00 25.71 BBB N-A 126.23 15.93 BNS-T BANK OF NOVA SCOTIA 5.17 5.55 9.17 3.06 A+ N-A 46.54 9.49 CHP-UN-T CHOICE PROPERTIES REIT 5.15 0.62 0.00 0.92 BBB N-A 2325.65 16.64 AP-UN-T ALLIED PROPERTIES REAL ESTAT 5.15 2.61 2.96 -18.89 N-A Baa2 48.86 43.15 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.08 4.01 4.31 2.94 BBB N-A 91.62 31.67 CAS-T CASCADES INC 4.99 24.57 50.00 -31.97 BB- Ba2 N-A N-A AQN-T ALGONQUIN POWER & UTILITIES 4.99 8.28 8.25 -0.66 BBB N-A 165.34 28.86 CM-T CAN IMPERIAL BK OF COMMERCE 4.98 4.91 8.56 -6.20 A+ N-A 41.81 9.03 ABX-T BARRICK GOLD CORP 4.87 48.86 57.62 -13.30 BBB+ Baa1 32.55 15.24 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.78 -6.83 -14.66 -0.51 BBB N-A 50.83 16.25 CIX-T CI FINANCIAL CORP 4.78 -12.30 0.00 -37.55 BBB- Baa2 35.78 6.16 CPX-T CAPITAL POWER CORP 4.67 7.02 6.83 24.10 BBB- N-A 505.52 20.39 SU-T SUNCOR ENERGY INC 4.62 4.50 80.95 73.58 BBB+ Baa1 37.96 6.71 T-T TELUS CORP 4.54 6.49 6.48 9.57 BBB+ Baa1 103.37 24.75 SLF-T SUN LIFE FINANCIAL INC 4.52 8.79 16.36 -4.69 A+ N-A 34.41 9.65 CU-T CANADIAN UTILITIES LTD-A 4.36 4.87 1.00 20.11 BBB+ N-A 144.73 15.06 EMA-T EMERA INC 4.34 4.86 3.92 8.33 BBB Baa3 128.82 15.50 BMO-T BANK OF MONTREAL 4.27 7.74 20.52 4.79 A+ N-A 36.56 9.42 LB-T LAURENTIAN BANK OF CANADA 4.26 -6.65 8.12 3.14 BBB N-A 154.91 8.69 CNQ-T CANADIAN NATURAL RESOURCES 4.21 19.95 42.88 78.55 BBB- Baa1 30.79 7.70 TD-T TORONTO-DOMINION BANK 4.17 8.51 9.49 2.53 AA- N-A 40.86 10.65 RY-T ROYAL BANK OF CANADA 4.03 6.96 10.19 0.34 AA- N-A 39.02 11.08 NA-T NATIONAL BANK OF CANADA 3.97 8.42 18.66 -1.09 A N-A 31.36 9.46 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.97 16.42 15.82 -16.38 BBB N-A 26.67 9.06 ACO-X-T ATCO LTD -CLASS I 3.88 8.24 3.00 15.61 BBB+ N-A 83.22 13.63 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.82 3.77 3.32 -6.07 N-A (P)Baa2 14.71 45.25 IAG-T IA FINANCIAL CORP INC 3.74 13.73 31.44 1.03 A N-A 26.99 2.77 ALA-T ALTAGAS LTD 3.70 -12.78 7.46 14.34 BBB- N-A 122.17 41.86 FTS-T FORTIS INC 3.58 6.02 5.90 7.18 A- Baa3 79.85 22.98 QSR-T RESTAURANT BRANDS INTERN 3.57 23.99 2.79 -1.85 BB N-A 78.42 18.98 AEM-T AGNICO EAGLE MINES LTD 3.56 29.12 20.17 -18.77 NR Baa2 62.61 26.00 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.46 4.02 5.74 17.99 BBB+ N-A 108.86 50.46 SJR-B-T SHAW COMMUNICATIONS INC-B 3.43 0.00 0.00 -2.44 BBB- Baa2 *- 61.07 20.38 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.41 0.82 0.00 -4.68 BBB+ *- Baa1 *- 64.83 15.23 K-T KINROSS GOLD CORP 3.40 N-A 0.06 -37.90 BBB- Baa3 0.00 23.95 CCA-T COGECO COMMUNICATIONS INC 3.35 10.39 10.16 -25.56 BB+ N-A 30.22 9.11 FTT-T FINNING INTERNATIONAL INC 3.28 4.53 11.10 -13.85 BBB+ N-A 38.94 11.09 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.21 -0.34 5.41 8.66 BBB+ N-A N-A N-A H-T HYDRO ONE LTD 3.16 4.88 5.00 17.25 A- N-A 65.18 20.72 MG-T MAGNA INTERNATIONAL INC 2.77 10.22 7.90 -21.16 A- A3 33.95 14.46 GSY-T GOEASY LTD 2.63 38.78 41.44 -21.41 BB- Ba3 24.90 13.28 OTEX-T OPEN TEXT CORP 2.48 12.02 13.54 -23.28 BB+ Ba1 60.36 23.66 YRI-T YAMANA GOLD INC 2.39 41.88 24.32 25.33 BBB- Baa3 71.05 19.05 IMO-T IMPERIAL OIL LTD 2.31 14.87 31.18 74.49 AA- N-A 29.41 7.54 ITP-T INTERTAPE POLYMER GROUP INC 2.18 3.21 10.61 N-A NR WR 56.98 35.28 SAP-T SAPUTO INC 2.12 3.71 2.86 -4.65 N-A Baa1 109.01 31.41 NTR-T NUTRIEN LTD 2.12 N-A 2.58 48.55 BBB Baa2 33.24 7.55 IFC-T INTACT FINANCIAL CORP 2.10 8.92 12.65 11.79 N-A Baa1 27.42 14.03 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.88 -0.88 -1.30 21.50 BBB Baa3 7.73 29.11 EFN-T ELEMENT FLEET MANAGEMENT COR 1.86 8.27 23.96 20.21 BBB N-A 35.21 19.66 MX-T METHANEX CORP 1.85 -14.91 250.54 15.45 BB Ba1 5.11 5.84 CNR-T CANADIAN NATL RAILWAY CO 1.81 11.34 13.24 21.76 A A2 35.63 24.98 CVE-T CENOVUS ENERGY INC 1.77 -0.76 450.00 126.76 BBB- N-A 29.98 9.72 MRU-T METRO INC/CN 1.57 11.66 10.53 12.11 BBB N-A 29.91 19.72 TA-T TRANSALTA CORP 1.57 4.04 11.43 3.44 BB+ Ba1 N-A N-A RBA-T RITCHIE BROS AUCTIONEERS 1.54 6.94 13.16 17.93 BB+ Ba2 70.46 43.10 TRI-T THOMSON REUTERS CORP 1.54 1.53 8.08 4.99 BBB Baa2 14.06 245.76 CCL-B-T CCL INDUSTRIES INC - CL B 1.50 15.92 15.38 -9.87 BBB Baa2 25.20 18.90 L-T LOBLAW COMPANIES LTD 1.37 7.39 13.64 37.92 BBB N-A 25.34 20.14 FM-T FIRST QUANTUM MINERALS LTD 1.31 0.00 0.00 -5.32 B+ N-A 0.83 9.01 WFG-T WEST FRASER TIMBER CO LTD 1.28 34.00 42.30 33.43 BBB- Baa3 2.88 3.78 TECK-B-T TECK RESOURCES LTD-CLS B 1.18 41.47 325.00 51.04 BBB- Baa3 3.71 4.24 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.04 7.54 8.30 -2.49 A- Baa1 22.69 242.29 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 0.74 13.00 0.00 14.23 BBB+ N-A 18.11 29.40 WCN-T WASTE CONNECTIONS INC 0.66 12.22 11.04 12.82 BBB+ Baa2 35.63 44.47 CCO-T CAMECO CORP 0.37 -27.52 0.00 50.80 BBB- N-A N-A 261.47 HBM-T HUDBAY MINERALS INC 0.33 0.00 0.00 -26.36 B B1 N-A 40.91 SNC-T SNC-LAVALIN GROUP INC 0.30 -40.42 0.00 -22.26 BB+ N-A 14.02 45.78 DOL-T DOLLARAMA INC 0.28 8.57 10.23 35.59 BBB N-A 9.16 34.07 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.17 N-A 8.68 -17.52 B+ B1 N-A N-A
Source: Bloomberg
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