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 CJR-B-T CORUS ENTERTAINMENT INC-B SH 6.70 -26.77 0.00 -37.68 BB N-A 28.98 5.18 SPB-T SUPERIOR PLUS CORP 6.62 0.00 0.00 -22.01 BB- N-A N-A 32.84 ENB-T ENBRIDGE INC 6.39 7.92 3.02 13.03 BBB+ Baa1 116.18 19.07 KEY-T KEYERA CORP 6.30 3.46 0.00 5.88 BBB- N-A 130.89 13.36 GWO-T GREAT-WEST LIFECO INC 6.22 6.26 11.87 -14.37 A+ N-A 53.58 1.71 IGM-T IGM FINANCIAL INC 6.16 0.00 0.00 -18.24 A N-A 54.89 9.08 GEI-T GIBSON ENERGY INC 6.11 1.76 4.35 10.24 BBB- Ba2 141.43 23.21 BCE-T BCE INC 5.85 5.10 5.12 -0.35 BBB+ Baa2 117.09 18.05 POW-T POWER CORP OF CANADA 5.84 6.86 7.96 -17.96 A+ N-A 42.63 11.39 MFC-T MANULIFE FINANCIAL CORP 5.80 10.53 17.86 -2.24 A N-A 32.98 2.54 TRP-T TC ENERGY CORP 5.77 8.26 5.36 7.98 BBB+ Baa2 187.82 14.73 PPL-T PEMBINA PIPELINE CORP 5.74 5.05 0.00 23.86 BBB N-A 126.23 15.10 BNS-T BANK OF NOVA SCOTIA 5.67 5.55 9.17 -2.57 A+ N-A 46.54 8.55 AP-UN-T ALLIED PROPERTIES REAL ESTAT 5.57 2.63 2.95 -22.17 N-A Baa2 48.86 39.88 LB-T LAURENTIAN BANK OF CANADA 5.42 -6.65 8.12 -15.08 BBB N-A 154.91 6.85 CHP-UN-T CHOICE PROPERTIES REIT 5.42 0.55 0.00 -4.79 BBB N-A 2325.65 15.81 CAS-T CASCADES INC 5.39 24.57 33.33 -42.00 BB- Ba2 N-A N-A RUS-T RUSSEL METALS INC 5.38 0.00 0.00 -11.67 BB+ Ba1 22.07 3.90 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.30 4.02 4.21 -3.02 BBB N-A 91.62 30.34 CM-T CAN IMPERIAL BK OF COMMERCE 5.28 4.91 8.56 -10.33 A+ N-A 41.81 8.65 AQN-T ALGONQUIN POWER & UTILITIES 5.23 8.28 8.25 -3.98 BBB N-A 165.34 27.62 TCL-A-T TRANSCONTINENTAL INC-CL A 5.18 3.17 0.00 -17.12 BBB- N-A 59.95 12.55 ABX-T BARRICK GOLD CORP 5.13 45.52 17.43 -14.63 BBB+ Baa1 32.55 14.58 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.06 -6.73 -11.16 -6.96 BBB N-A 50.83 15.33 CIX-T CI FINANCIAL CORP 4.86 -12.33 0.00 -38.77 BBB- Baa2 35.78 6.34 SLF-T SUN LIFE FINANCIAL INC 4.75 9.57 22.73 -7.55 A+ N-A 34.41 9.18 T-T TELUS CORP 4.70 6.49 6.15 2.30 BBB+ Baa1 103.37 23.93 SU-T SUNCOR ENERGY INC 4.67 7.33 111.90 79.59 BBB Baa1 37.96 6.65 CPX-T CAPITAL POWER CORP 4.55 7.02 6.83 22.15 BBB- N-A 505.52 20.94 BMO-T BANK OF MONTREAL 4.47 7.74 20.52 0.68 A+ N-A 36.56 9.21 CU-T CANADIAN UTILITIES LTD-A 4.35 4.87 1.00 21.59 BBB+ N-A 144.73 15.11 CNQ-T CANADIAN NATURAL RESOURCES 4.31 31.55 126.68 74.04 BBB- Baa1 30.79 7.52 EMA-T EMERA INC 4.26 4.86 3.92 9.19 BBB Baa3 128.82 15.78 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.21 3.72 3.32 -18.59 N-A (P)Baa2 14.71 40.99 TD-T TORONTO-DOMINION BANK 4.13 8.51 9.49 8.57 AA- N-A 40.86 10.60 NA-T NATIONAL BANK OF CANADA 4.11 8.42 18.66 -4.82 A N-A 31.36 9.15 RY-T ROYAL BANK OF CANADA 4.08 6.96 10.19 0.30 AA- N-A 39.02 11.43 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.06 16.42 15.82 -14.20 BBB N-A 26.67 8.86 ACO-X-T ATCO LTD -CLASS I 3.89 7.66 2.99 19.47 BBB+ N-A 83.22 13.58 IAG-T IA FINANCIAL CORP INC 3.83 13.23 31.44 1.54 A N-A 26.99 2.70 AEM-T AGNICO EAGLE MINES LTD 3.71 30.44 12.57 -19.11 NR Baa2 62.61 25.02 ALA-T ALTAGAS LTD 3.68 -12.78 7.10 13.78 BBB- N-A 122.17 42.04 CCA-T COGECO COMMUNICATIONS INC 3.68 10.39 10.16 -31.63 BB+ N-A 30.22 8.29 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.68 0.82 0.00 -9.12 BBB+ *- Baa1 *- 64.83 14.11 FTS-T FORTIS INC 3.65 5.99 5.94 4.40 A- Baa3 79.85 22.50 QSR-T RESTAURANT BRANDS INTERN 3.55 23.99 2.79 1.03 BB N-A 78.42 19.16 SJR-B-T SHAW COMMUNICATIONS INC-B 3.46 0.00 0.00 -3.00 BBB- Baa2 *- 61.07 20.19 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.45 4.21 7.97 15.97 BBB+ N-A 108.86 50.99 FTT-T FINNING INTERNATIONAL INC 3.45 4.57 9.76 -12.45 BBB+ N-A 38.94 10.54 K-T KINROSS GOLD CORP 3.44 N-A 1.87 -37.70 BBB- Baa3 0.00 23.55 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.39 0.06 7.54 0.46 BBB+ N-A N-A N-A OTEX-T OPEN TEXT CORP 3.26 12.23 12.40 -40.91 BB+ Ba1 *- 60.36 19.31 H-T HYDRO ONE LTD 3.14 4.88 3.72 16.12 A- N-A 65.18 20.80 MG-T MAGNA INTERNATIONAL INC 3.11 9.85 6.73 -25.10 A- A3 33.95 12.65 GSY-T GOEASY LTD 3.00 38.78 41.44 -41.37 BB- Ba3 24.90 11.65 YRI-T YAMANA GOLD INC 2.63 41.88 24.32 14.38 BBB- Baa3 71.05 17.35 IMO-T IMPERIAL OIL LTD 2.20 15.78 31.63 85.38 AA- N-A 29.41 7.93 SAP-T SAPUTO INC 2.12 3.37 2.13 1.87 N-A Baa1 109.01 31.44 NTR-T NUTRIEN LTD 2.09 N-A 2.58 54.26 BBB Baa2 33.24 7.65 IFC-T INTACT FINANCIAL CORP 2.01 8.92 12.65 17.03 N-A Baa1 27.42 14.61 MX-T METHANEX CORP 1.95 -14.91 250.54 -4.88 BB Ba1 5.11 5.57 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.92 -0.88 -1.30 18.40 BBB Baa3 7.73 27.97 EFN-T ELEMENT FLEET MANAGEMENT COR 1.90 8.27 23.96 18.50 BBB N-A 35.21 19.19 CNR-T CANADIAN NATL RAILWAY CO 1.87 11.77 16.22 4.76 A A2 35.63 24.07 CVE-T CENOVUS ENERGY INC 1.81 -0.76 450.00 121.64 BBB- N-A 29.98 9.52 TA-T TRANSALTA CORP 1.64 4.56 12.68 -2.86 BB+ Ba1 N-A N-A RBA-T RITCHIE BROS AUCTIONEERS 1.57 7.74 13.75 11.16 BB+ Ba2 70.46 42.06 TRI-T THOMSON REUTERS CORP 1.57 2.08 10.61 -0.55 BBB Baa2 14.06 239.93 MRU-T METRO INC/CN 1.56 11.37 10.26 12.88 BBB N-A 29.91 19.86 WFG-T WEST FRASER TIMBER CO LTD 1.44 34.00 42.30 8.97 BBB- Baa3 2.88 3.32 CCL-B-T CCL INDUSTRIES INC - CL B 1.43 15.92 15.38 -6.39 BBB Baa2 25.20 19.86 L-T LOBLAW COMPANIES LTD 1.42 7.39 13.64 27.12 BBB N-A 25.34 19.49 FM-T FIRST QUANTUM MINERALS LTD 1.40 75.18 N-A -5.43 B+ N-A 0.83 8.25 TECK-B-T TECK RESOURCES LTD-CLS B 1.15 41.47 325.00 43.54 BBB- Baa3 3.71 4.37 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.13 7.96 10.21 -7.58 A- Baa1 22.69 224.05 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 2.60 -43.57 N-A BBB Baa2 16.52 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.76 13.00 0.00 14.65 BBB+ N-A 18.11 28.49 WCN-T WASTE CONNECTIONS INC 0.62 12.95 13.51 15.44 BBB+ Baa2 35.63 46.82 HBM-T HUDBAY MINERALS INC 0.35 0.00 0.00 -23.88 B B1 N-A 37.87 SNC-T SNC-LAVALIN GROUP INC 0.31 -40.57 0.00 -27.77 BB+ N-A 14.02 44.69 CCO-T CAMECO CORP 0.30 -27.52 0.00 36.52 BBB- N-A N-A 318.93 DOL-T DOLLARAMA INC 0.28 8.57 10.23 43.21 BBB N-A 9.16 31.90 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.17 N-A 8.68 -18.78 B+ B1 N-A N-A
Source: Bloomberg
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