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 9.41 -26.77 0.00 -53.41 BB N-A 28.98 3.72 SPB-T SUPERIOR PLUS CORP 6.53 0.00 0.00 -22.04 BB- N-A N-A 33.29 GWO-T GREAT-WEST LIFECO INC 6.36 6.26 11.87 -15.30 A+ N-A 53.58 1.70 IGM-T IGM FINANCIAL INC 6.16 0.00 0.00 -19.10 A N-A 54.89 9.13 KEY-T KEYERA CORP 6.11 3.46 0.00 0.43 BBB- N-A 130.89 13.70 ENB-T ENBRIDGE INC 5.95 7.92 3.02 16.08 BBB+ Baa1 116.18 19.62 GEI-T GIBSON ENERGY INC 5.86 1.76 4.35 11.91 BBB- Ba2 141.43 24.03 BCE-T BCE INC 5.75 5.10 5.13 0.25 BBB+ Baa2 117.09 17.66 AP-UN-T ALLIED PROPERTIES REAL ESTAT 5.69 2.63 2.95 -22.12 N-A Baa2 48.86 39.61 MFC-T MANULIFE FINANCIAL CORP 5.62 10.53 17.86 -3.14 A N-A 32.98 2.55 BNS-T BANK OF NOVA SCOTIA 5.50 5.55 9.17 -4.70 A+ N-A 46.54 8.41 POW-T POWER CORP OF CANADA 5.50 6.86 7.96 -17.91 A+ N-A 42.63 11.46 TRP-T TC ENERGY CORP 5.49 8.26 5.36 6.81 BBB+ Baa2 187.82 14.92 TCL-A-T TRANSCONTINENTAL INC-CL A 5.45 3.17 0.00 -17.86 BBB- N-A 59.95 12.04 RUS-T RUSSEL METALS INC 5.45 0.00 0.00 -13.81 BB+ Ba1 22.07 3.85 AQN-T ALGONQUIN POWER & UTILITIES 5.40 8.28 8.25 -5.22 BBB N-A 165.34 26.65 PPL-T PEMBINA PIPELINE CORP 5.34 5.05 0.00 24.01 BBB N-A 126.23 15.68 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.34 4.02 4.21 -3.40 BBB N-A 91.62 30.34 CHP-UN-T CHOICE PROPERTIES REIT 5.32 0.55 0.00 -3.01 BBB N-A 2325.65 15.91 LB-T LAURENTIAN BANK OF CANADA 5.20 -6.65 8.12 -15.01 BBB N-A 154.91 7.06 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.11 -6.73 -11.16 -7.26 BBB N-A 50.83 15.26 ABX-T BARRICK GOLD CORP 4.98 45.52 17.43 -11.28 BBB+ Baa1 32.55 13.99 CM-T CAN IMPERIAL BK OF COMMERCE 4.94 4.91 8.56 -9.46 A+ N-A 41.81 8.81 CIX-T CI FINANCIAL CORP 4.80 -12.33 0.00 -40.51 BBB- Baa2 35.78 6.59 CAS-T CASCADES INC 4.73 24.57 33.33 -32.95 BB- Ba2 N-A N-A CPX-T CAPITAL POWER CORP 4.64 7.02 6.83 20.13 BBB- N-A 505.52 20.66 T-T TELUS CORP 4.51 6.49 6.15 4.03 BBB+ Baa1 103.37 23.76 CU-T CANADIAN UTILITIES LTD-A 4.44 4.87 1.00 21.11 BBB+ N-A 144.73 14.89 SLF-T SUN LIFE FINANCIAL INC 4.42 9.57 22.73 -7.35 A+ N-A 34.41 9.20 SU-T SUNCOR ENERGY INC 4.34 7.33 111.90 73.65 BBB Baa1 37.96 6.81 EMA-T EMERA INC 4.31 4.86 3.92 6.99 BBB Baa3 128.82 15.27 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.23 3.72 3.32 -19.65 N-A (P)Baa2 14.71 40.87 BMO-T BANK OF MONTREAL 4.21 7.74 20.52 3.07 A+ N-A 36.56 9.47 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.14 16.42 15.82 -17.76 BBB N-A 26.67 8.66 CNQ-T CANADIAN NATURAL RESOURCES 4.03 32.18 136.38 73.75 BBB- Baa1 30.79 7.73 ACO-X-T ATCO LTD -CLASS I 3.98 7.66 2.99 18.99 BBB+ N-A 83.22 13.30 NA-T NATIONAL BANK OF CANADA 3.90 8.42 18.66 -3.14 A N-A 31.36 9.41 RY-T ROYAL BANK OF CANADA 3.79 6.96 10.19 2.33 AA- N-A 39.02 11.64 FTS-T FORTIS INC 3.75 5.99 5.94 1.12 A- Baa3 79.85 21.73 CCA-T COGECO COMMUNICATIONS INC 3.71 10.39 10.16 -31.17 BB+ N-A 30.22 8.32 ALA-T ALTAGAS LTD 3.69 -12.78 7.10 16.07 BBB- N-A 122.17 42.18 IAG-T IA FINANCIAL CORP INC 3.69 13.23 31.44 4.74 A N-A 26.99 2.80 AEM-T AGNICO EAGLE MINES LTD 3.56 30.44 12.57 -17.89 NR Baa2 62.61 23.68 K-T KINROSS GOLD CORP 3.56 N-A 1.87 -36.62 BBB- Baa3 0.00 22.30 QSR-T RESTAURANT BRANDS INTERN 3.55 23.10 2.79 1.51 BB N-A 78.42 18.51 FTT-T FINNING INTERNATIONAL INC 3.51 4.57 9.76 -12.96 BBB+ N-A 38.94 10.35 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.50 0.06 7.54 7.41 BBB+ N-A N-A N-A RCI-B-T ROGERS COMMUNICATIONS INC-B 3.48 0.82 0.00 -4.08 BBB+ *- Baa1 *- 64.83 14.39 SJR-B-T SHAW COMMUNICATIONS INC-B 3.45 0.00 200.00 -3.78 BBB- Baa2 *- 61.07 19.85 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.24 4.21 7.97 19.51 BBB+ N-A 108.86 49.85 OTEX-T OPEN TEXT CORP 3.22 12.23 12.40 -40.53 BB+ Ba1 *- 60.36 17.58 H-T HYDRO ONE LTD 3.17 4.89 5.00 15.55 A- N-A 65.18 20.33 GSY-T GOEASY LTD 3.03 38.78 41.44 -40.23 BB- Ba3 24.90 11.78 MG-T MAGNA INTERNATIONAL INC 2.94 9.85 6.73 -22.04 A- A3 33.95 12.36 YRI-T YAMANA GOLD INC 2.79 41.88 24.32 12.74 BBB- Baa3 71.05 16.28 TD-T TORONTO-DOMINION BANK 2.37 8.51 9.49 10.22 AA- N-A 40.86 10.82 NTR-T NUTRIEN LTD 2.12 N-A 2.58 50.25 BBB Baa2 33.24 7.38 IMO-T IMPERIAL OIL LTD 2.09 15.78 31.63 76.96 AA- N-A 29.41 7.88 SAP-T SAPUTO INC 2.05 3.37 2.13 5.48 N-A Baa1 109.01 32.31 EFN-T ELEMENT FLEET MANAGEMENT COR 2.03 8.27 23.96 25.23 BBB N-A 35.21 19.66 MX-T METHANEX CORP 2.00 -13.16 147.32 -12.95 BB Ba1 5.11 5.28 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.95 -0.88 -1.30 20.72 BBB Baa3 7.73 26.94 IFC-T INTACT FINANCIAL CORP 1.82 9.36 17.77 21.79 N-A Baa1 27.42 15.00 CNR-T CANADIAN NATL RAILWAY CO 1.75 11.77 16.22 8.77 A A2 35.63 24.16 TA-T TRANSALTA CORP 1.69 4.56 12.68 -4.56 BB+ Ba1 N-A N-A CVE-T CENOVUS ENERGY INC 1.68 6.96 433.33 124.35 BBB- N-A 29.98 10.22 RBA-T RITCHIE BROS AUCTIONEERS 1.61 7.74 13.75 10.28 BB+ Ba2 70.46 40.19 TRI-T THOMSON REUTERS CORP 1.54 2.08 10.61 0.39 BBB Baa2 14.06 236.92 MRU-T METRO INC/CN 1.54 11.37 10.26 17.76 BBB N-A 29.91 19.88 WFG-T WEST FRASER TIMBER CO LTD 1.48 34.00 42.30 11.04 BBB- Baa3 2.88 3.24 CCL-B-T CCL INDUSTRIES INC - CL B 1.42 15.88 14.81 -4.18 BBB Baa2 25.20 19.79 L-T LOBLAW COMPANIES LTD 1.41 7.76 12.41 30.81 BBB N-A 25.34 19.22 FM-T FIRST QUANTUM MINERALS LTD 1.28 75.18 N-A -0.77 B+ N-A 0.83 8.27 TECK-B-T TECK RESOURCES LTD-CLS B 1.13 35.84 362.50 33.49 BBB- Baa3 3.71 4.29 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.98 7.96 10.21 -6.70 A- Baa1 22.69 218.99 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 1.87 -43.57 N-A BBB Baa2 16.52 N-A WCN-T WASTE CONNECTIONS INC 0.57 12.95 13.51 19.01 BBB+ Baa2 35.63 46.46 CP-T CANADIAN PACIFIC RAILWAY LTD 0.38 13.00 0.00 16.88 BBB+ N-A 18.11 28.61 HBM-T HUDBAY MINERALS INC 0.36 0.00 0.00 -26.61 B B1 N-A 36.25 SNC-T SNC-LAVALIN GROUP INC 0.31 -40.57 0.00 -32.89 BB+ N-A 14.02 43.48 CCO-T CAMECO CORP 0.30 -27.52 0.00 25.75 BBB- N-A N-A 308.43 DOL-T DOLLARAMA INC 0.28 8.57 10.23 35.94 BBB N-A 9.16 30.59 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.16 N-A 8.68 -14.88 B+ B1 N-A N-A
Source: Bloomberg
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