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.
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 CT Equity
CORUS ENTERTAINMENT INC-B SH
9.88
-26.77
0.00
-54.95
BB
N/A
28.98
3.51
SPB CT Equity
SUPERIOR PLUS CORP
7.13
0.00
0.00
-21.12
BB-
N/A
N/A
30.51
ENB CT Equity
ENBRIDGE INC
6.73
7.92
3.02
6.42
BBB+
Baa1
116.18
18.12
KEY CT Equity
KEYERA CORP
6.69
3.36
0.00
-3.83
BBB-
N/A
130.89
12.58
GEI CT Equity
GIBSON ENERGY INC
6.68
2.04
5.04
1.61
BBB-
Ba2
141.43
21.21
AQN CT Equity
ALGONQUIN POWER & UTILITIES
6.62
8.82
10.75
-14.28
BBB
N/A
165.34
21.63
TRP CT Equity
TC ENERGY CORP
6.43
7.91
4.39
-4.03
BBB+
Baa2
187.82
13.21
AP-U CT Equity
ALLIED PROPERTIES REAL ESTAT
6.40
2.64
2.93
-29.89
N/A
Baa2
48.86
34.72
GWO CT Equity
GREAT-WEST LIFECO INC
6.37
6.26
11.87
-16.15
A+
N/A
53.58
1.67
BCE CT Equity
BCE INC
6.31
5.10
5.13
-2.88
BBB+
Baa2
117.09
16.72
BNS CT Equity
BANK OF NOVA SCOTIA
6.31
5.89
12.78
-11.48
A+
N/A
46.54
7.70
IGM CT Equity
IGM FINANCIAL INC
6.28
0.00
0.00
-16.13
A
N/A
54.89
8.91
POW CT Equity
POWER CORP OF CANADA
6.16
7.38
10.61
-20.01
A+
N/A
42.63
10.79
LB CT Equity
LAURENTIAN BANK OF CANADA
6.08
-6.27
11.25
-23.28
BBB
N/A
154.91
6.11
PPL CT Equity
PEMBINA PIPELINE CORP
6.00
5.00
0.30
14.09
BBB
N/A
126.23
14.43
CHP-U CT Equity
CHOICE PROPERTIES REIT
5.96
0.48
0.00
-10.85
BBB
N/A
2325.65
14.38
RUS CT Equity
RUSSEL METALS INC
5.93
0.00
0.00
-16.52
BB+
Ba1
22.07
3.54
MFC CT Equity
MANULIFE FINANCIAL CORP
5.92
10.53
17.86
-3.55
A
N/A
32.98
2.49
CRT-U CT Equity
CT REAL ESTATE INVESTMENT TR
5.91
4.03
4.12
-11.00
BBB
N/A
91.62
27.22
CAS CT Equity
CASCADES INC
5.63
24.57
33.33
-43.46
BB-
Ba2
N/A
N/A
CM CT Equity
CAN IMPERIAL BK OF COMMERCE
5.56
5.18
11.99
-13.71
A+
N/A
41.81
8.20
TCL/A CT Equity
TRANSCONTINENTAL INC-CL A
5.50
2.77
0.00
-12.52
BBB-
N/A
59.95
11.82
REI-U CT Equity
RIOCAN REAL ESTATE INVST TR
5.42
-6.64
-7.41
-10.81
BBB
N/A
50.83
14.33
CIX CT Equity
CI FINANCIAL CORP
5.42
-12.36
0.00
-46.21
BBB-
Baa2
35.78
5.69
CPX CT Equity
CAPITAL POWER CORP
5.21
6.96
6.59
10.93
BBB-
N/A
505.52
18.29
CU CT Equity
CANADIAN UTILITIES LTD-A
5.13
4.87
1.00
3.88
BBB+
N/A
144.73
12.80
EMA CT Equity
EMERA INC
4.94
4.86
3.92
-3.86
BBB
Baa3
128.82
13.60
T CT Equity
TELUS CORP
4.92
6.49
6.15
3.90
BBB+
Baa1
103.37
22.85
SLF CT Equity
SUN LIFE FINANCIAL INC
4.91
9.57
22.73
-14.11
A+
N/A
34.41
8.89
GRT-U CT Equity
GRANITE REAL ESTATE INVESTME
4.74
3.66
3.32
-26.87
N/A
(P)Baa2
14.71
36.43
ABX CT Equity
BARRICK GOLD CORP
4.72
45.52
17.43
-0.98
BBB+
Baa1
32.55
15.01
BMO CT Equity
BANK OF MONTREAL
4.59
7.74
20.52
-3.18
A+
N/A
36.56
8.97
ACO/X CT Equity
ATCO LTD -CLASS I
4.51
7.66
2.99
2.93
BBB+
N/A
83.22
11.72
FTS CT Equity
FORTIS INC
4.44
5.99
5.94
-6.33
A-
Baa3
79.85
19.57
CTC/A CT Equity
CANADIAN TIRE CORP-CLASS A
4.30
16.42
15.82
-14.38
BBB
N/A
26.67
8.37
TD CT Equity
TORONTO-DOMINION BANK
4.27
8.66
12.66
1.59
AA-
N/A
40.86
10.26
NA CT Equity
NATIONAL BANK OF CANADA
4.20
9.44
26.06
-8.84
A
N/A
31.36
8.96
SU CT Equity
SUNCOR ENERGY INC
4.17
7.33
111.90
68.48
BBB
Baa1
37.96
7.45
RY CT Equity
ROYAL BANK OF CANADA
4.11
6.96
10.19
0.97
AA-
N/A
39.02
11.33
CNQ CT Equity
CANADIAN NATURAL RESOURCES
4.04
32.18
136.38
61.84
BBB-
Baa1
30.79
8.02
ALA CT Equity
ALTAGAS LTD
4.04
-12.78
6.75
8.46
BBB-
N/A
122.17
37.42
CCA CT Equity
COGECO COMMUNICATIONS INC
3.97
10.39
10.16
-35.27
BB+
N/A
30.22
7.69
BEP-U CT Equity
BROOKFIELD RENEWABLE PARTNER
3.94
0.06
7.54
-3.12
BBB+
N/A
N/A
N/A
QSR CT Equity
RESTAURANT BRANDS INTERN
3.91
23.46
4.53
-1.20
BB
N/A
78.42
16.86
RCI/B CT Equity
ROGERS COMMUNICATIONS INC-B
3.87
0.82
0.00
-9.53
BBB+ *-
Baa1 *-
64.83
13.41
BIP-U CT Equity
BROOKFIELD INFRASTRUCTURE PA
3.87
4.21
7.97
6.84
BBB+
N/A
108.86
43.15
FTT CT Equity
FINNING INTERNATIONAL INC
3.68
4.57
9.76
-18.21
BBB+
N/A
38.94
9.89
IAG CT Equity
IA FINANCIAL CORP INC
3.60
13.23
31.44
7.96
A
N/A
26.99
2.87
AEM CT Equity
AGNICO EAGLE MINES LTD
3.54
30.44
12.57
-4.94
N/A
Baa2
62.61
26.18
SJR/B CT Equity
SHAW COMMUNICATIONS INC-B
3.48
0.00
200.00
-4.91
BBB-
Baa2 *-
61.07
20.05
OTEX CT Equity
OPEN TEXT CORP
3.42
12.23
12.40
-38.04
BB+
Ba1 *-
60.36
16.44
H CT Equity
HYDRO ONE LTD
3.41
4.89
5.00
12.31
A-
N/A
65.18
19.15
GSY CT Equity
GOEASY LTD
3.30
38.51
39.51
-40.95
BB-
Ba3
24.90
10.59
MG CT Equity
MAGNA INTERNATIONAL INC
3.28
9.85
6.73
-30.17
A-
A3
33.95
11.37
K CT Equity
KINROSS GOLD CORP
2.89
N/A
1.87
-22.27
BBB-
Baa3
0.00
26.57
YRI CT Equity
YAMANA GOLD INC
2.38
42.74
13.13
37.92
BBB-
Baa3
71.05
18.98
SAP CT Equity
SAPUTO INC
2.38
3.37
2.13
-2.56
N/A
Baa1
109.01
27.97
NTR CT Equity
NUTRIEN LTD
2.23
N/A
6.49
37.93
BBB
Baa2
33.24
7.14
IMO CT Equity
IMPERIAL OIL LTD
2.06
15.78
31.63
61.33
AA-
N/A
29.41
8.46
IFC CT Equity
INTACT FINANCIAL CORP
2.01
9.36
17.77
22.33
N/A
Baa1
27.42
14.62
MX CT Equity
METHANEX CORP
1.95
-13.16
147.32
-22.92
BB
Ba1
5.11
5.36
FFH CT Equity
FAIRFAX FINANCIAL HLDGS LTD
1.91
-0.88
-1.30
29.65
BBB
Baa3
7.73
26.60
CNR CT Equity
CANADIAN NATL RAILWAY CO
1.90
11.77
16.22
7.11
A
A2
35.63
23.76
EFN CT Equity
ELEMENT FLEET MANAGEMENT COR
1.83
4.40
19.23
32.85
BBB
N/A
35.21
19.92
TA CT Equity
TRANSALTA CORP
1.71
4.56
12.68
-14.49
BB+
Ba1
N/A
N/A
RBA CT Equity
RITCHIE BROS AUCTIONEERS
1.65
7.74
13.75
6.70
BB+
Ba2
70.46
38.01
CVE CT Equity
CENOVUS ENERGY INC
1.64
6.96
433.33
89.16
BBB-
N/A
29.98
10.49
WFG CT Equity
WEST FRASER TIMBER CO LTD
1.64
33.59
51.28
-7.70
BBB-
Baa3
2.88
2.83
MRU CT Equity
METRO INC/CN
1.62
11.37
10.26
11.77
BBB
N/A
29.91
19.16
TRI CT Equity
THOMSON REUTERS CORP
1.60
2.08
10.61
2.65
BBB
Baa2
14.06
303.11
L CT Equity
LOBLAW COMPANIES LTD
1.52
7.76
12.41
19.20
BBB
N/A
25.34
18.18
CCL/B CT Equity
CCL INDUSTRIES INC - CL B
1.49
15.88
14.81
0.28
BBB
Baa2
25.20
19.03
FM CT Equity
FIRST QUANTUM MINERALS LTD
1.34
75.18
N/A
-4.25
B+
N/A
0.83
8.20
BAM/A CT Equity
BROOKFIELD ASSET MANAGE-CL A
1.27
7.96
10.21
-16.49
A-
Baa1
22.69
189.82
TECK/B CT Equity
TECK RESOURCES LTD-CLS B
1.13
35.84
362.50
38.52
BBB-
Baa3
3.71
4.44
ATD/B CT Equity
ALIMENTATION COUCHE-TARD -B
0.89
1.87
-43.57
N/A
BBB
Baa2
16.52
N/A
CP CT Equity
CANADIAN PACIFIC RAILWAY LTD
0.79
12.33
0.00
12.93
BBB+
N/A
18.11
27.35
WCN CT Equity
WASTE CONNECTIONS INC
0.64
12.95
13.51
16.25
BBB+
Baa2
35.63
43.12
SNC CT Equity
SNC-LAVALIN GROUP INC
0.34
-40.57
0.00
-29.30
BB+
N/A
14.02
38.00
HBM CT Equity
HUDBAY MINERALS INC
0.34
0.00
0.00
-26.54
B
B1
N/A
37.08
CCO CT Equity
CAMECO CORP
0.33
-27.52
0.00
31.60
BBB-
N/A
N/A
297.78
DOL CT Equity
DOLLARAMA INC
0.27
8.57
9.25
48.49
BBB
N/A
9.16
32.79
GFL CT Equity
GFL ENVIRONMENTAL INC-SUB VT
0.18
N/A
8.68
-26.10
B+
B1
N/A
N/A
SOURCE: BLOOMBERG
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.