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.
Data as of Thursday close.
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 10.71 -26.77 0.00 -58.26 BB N-A 28.98 3.24 SPB-T SUPERIOR PLUS CORP 7.20 0.00 0.00 -23.64 BB- N-A N-A 30.21 AQN-T ALGONQUIN POWER & UTILITIES 6.84 8.82 10.75 -18.84 BBB N-A 165.34 20.98 KEY-T KEYERA CORP 6.82 3.36 0.00 -9.05 BBB- N-A 130.89 12.34 ENB-T ENBRIDGE INC 6.73 7.92 3.02 3.33 BBB+ Baa1 116.18 18.10 GWO-T GREAT-WEST LIFECO INC 6.69 6.26 11.87 -19.73 A+ N-A 53.58 1.58 GEI-T GIBSON ENERGY INC 6.68 2.04 5.04 -0.15 BBB- Ba2 141.43 21.22 POW-T POWER CORP OF CANADA 6.40 7.38 10.61 -23.03 A+ N-A 42.63 10.39 IGM-T IGM FINANCIAL INC 6.39 0.00 0.00 -19.21 A N-A 54.89 8.76 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.38 2.64 2.93 -30.62 N-A Baa2 48.86 34.82 TRP-T TC ENERGY CORP 6.32 7.91 4.39 -7.30 BBB+ Baa2 187.82 13.45 BNS-T BANK OF NOVA SCOTIA 6.25 5.89 12.78 -12.29 A+ N-A 46.54 7.76 BCE-T BCE INC 6.25 5.10 5.13 -2.41 BBB+ Baa2 117.09 16.88 LB-T LAURENTIAN BANK OF CANADA 6.12 -6.27 11.25 -23.94 BBB N-A 154.91 6.07 MFC-T MANULIFE FINANCIAL CORP 6.04 10.53 17.86 -7.01 A N-A 32.98 2.44 PPL-T PEMBINA PIPELINE CORP 6.03 5.00 0.30 8.20 BBB N-A 126.23 14.38 RUS-T RUSSEL METALS INC 5.99 0.00 0.00 -18.61 BB+ Ba1 22.07 3.50 CHP-UN-T CHOICE PROPERTIES REIT 5.87 0.48 0.00 -10.77 BBB N-A 2325.65 14.60 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.83 4.03 4.12 -10.92 BBB N-A 91.62 27.57 CM-T CAN IMPERIAL BK OF COMMERCE 5.73 5.18 11.99 -16.75 A+ N-A 41.81 7.96 CIX-T CI FINANCIAL CORP 5.73 -12.36 0.00 -50.55 BBB- Baa2 35.78 5.38 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.45 -6.64 -7.41 -12.82 BBB N-A 50.83 14.26 CPX-T CAPITAL POWER CORP 5.44 6.96 6.59 3.48 BBB- N-A 505.52 17.49 CAS-T CASCADES INC 5.44 24.57 33.33 -41.46 BB- Ba2 N-A N-A TCL-A-T TRANSCONTINENTAL INC-CL A 5.25 2.77 0.00 -8.31 BBB- N-A 59.95 12.38 ABX-T BARRICK GOLD CORP 5.19 45.52 17.43 -13.33 BBB+ Baa1 32.55 13.97 CU-T CANADIAN UTILITIES LTD-A 5.17 4.87 1.00 2.72 BBB+ N-A 144.73 12.71 EMA-T EMERA INC 5.15 4.86 3.92 -4.70 BBB Baa3 128.82 13.59 SLF-T SUN LIFE FINANCIAL INC 4.99 9.57 22.73 -16.09 A+ N-A 34.41 8.74 T-T TELUS CORP 4.94 6.49 6.15 2.66 BBB+ Baa1 103.37 22.75 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.66 3.66 3.32 -27.55 N-A (P)Baa2 14.71 37.09 BMO-T BANK OF MONTREAL 4.65 7.74 20.52 -4.99 A+ N-A 36.56 8.86 ACO-X-T ATCO LTD -CLASS I 4.50 7.66 2.99 3.51 BBB+ N-A 83.22 11.75 FTS-T FORTIS INC 4.44 5.99 5.94 -6.98 A- Baa3 79.85 19.56 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.38 16.42 15.82 -15.30 BBB N-A 26.67 8.22 CCA-T COGECO COMMUNICATIONS INC 4.31 10.39 10.16 -37.67 BB+ N-A 30.22 7.07 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.30 0.06 7.54 -14.53 BBB+ N-A N-A N-A NA-T NATIONAL BANK OF CANADA 4.25 9.44 26.06 -10.78 A N-A 31.36 8.84 SU-T SUNCOR ENERGY INC 4.24 7.33 111.90 59.53 BBB Baa1 37.96 7.33 TD-T TORONTO-DOMINION BANK 4.22 8.66 12.66 2.56 AA- N-A 40.86 10.37 RY-T ROYAL BANK OF CANADA 4.20 6.96 10.19 -2.61 AA- N-A 39.02 11.10 ALA-T ALTAGAS LTD 4.10 -12.78 6.75 2.88 BBB- N-A 122.17 36.82 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.09 4.21 7.97 1.45 BBB+ N-A 108.86 40.81 CNQ-T CANADIAN NATURAL RESOURCES 3.99 32.18 136.38 55.44 BBB- Baa1 30.79 8.12 QSR-T RESTAURANT BRANDS INTERN 3.89 23.46 4.53 0.97 BB N-A 78.42 16.99 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.84 0.82 0.00 -10.27 BBB+ *- Baa1 *- 64.83 13.52 AEM-T AGNICO EAGLE MINES LTD 3.82 30.44 12.57 -17.32 N-A Baa2 62.61 24.27 FTT-T FINNING INTERNATIONAL INC 3.71 4.57 9.76 -21.52 BBB+ N-A 38.94 9.80 IAG-T IA FINANCIAL CORP INC 3.69 13.23 31.44 3.02 A N-A 26.99 2.80 OTEX-T OPEN TEXT CORP 3.58 12.23 12.40 -41.07 BB+ Ba1 *- 60.36 15.75 H-T HYDRO ONE LTD 3.50 4.89 5.00 8.16 A- N-A 65.18 18.69 SJR-B-T SHAW COMMUNICATIONS INC-B 3.50 0.00 0.00 -4.01 BBB- Baa2 *- 61.07 19.96 MG-T MAGNA INTERNATIONAL INC 3.41 9.85 6.73 -34.36 A- A3 33.95 10.94 GSY-T GOEASY LTD 3.39 38.51 39.51 -40.46 BB- Ba3 24.90 10.30 K-T KINROSS GOLD CORP 3.17 N-A 1.87 -34.14 BBB- Baa3 0.00 24.21 YRI-T YAMANA GOLD INC 2.57 42.74 13.13 20.79 BBB- Baa3 71.05 17.61 SAP-T SAPUTO INC 2.23 3.37 2.13 6.05 N-A Baa1 109.01 29.84 NTR-T NUTRIEN LTD 2.20 N-A 6.49 37.25 BBB Baa2 33.24 7.23 IFC-T INTACT FINANCIAL CORP 2.08 9.36 17.77 17.88 N-A Baa1 27.42 14.13 IMO-T IMPERIAL OIL LTD 2.05 15.78 31.63 60.29 AA- N-A 29.41 8.51 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.99 -0.88 -1.30 23.31 BBB Baa3 7.73 25.48 CNR-T CANADIAN NATL RAILWAY CO 1.94 11.77 16.22 2.21 A A2 35.63 23.26 MX-T METHANEX CORP 1.89 -13.16 147.32 -19.85 BB Ba1 5.11 5.51 TA-T TRANSALTA CORP 1.84 4.56 12.68 -20.98 BB+ Ba1 N-A N-A EFN-T ELEMENT FLEET MANAGEMENT COR 1.76 4.40 19.23 32.29 BBB N-A 35.21 20.67 CVE-T CENOVUS ENERGY INC 1.72 6.96 433.33 69.98 BBB- N-A 29.98 10.02 RBA-T RITCHIE BROS AUCTIONEERS 1.66 7.74 13.75 4.46 BB+ Ba2 70.46 37.75 TRI-T THOMSON REUTERS CORP 1.64 2.08 10.61 -1.48 BBB Baa2 14.06 295.90 WFG-T WEST FRASER TIMBER CO LTD 1.58 33.59 51.28 -8.49 BBB- Baa3 2.88 2.95 MRU-T METRO INC/CN 1.58 11.37 10.26 15.06 BBB N-A 29.91 19.66 L-T LOBLAW COMPANIES LTD 1.48 7.76 12.41 21.31 BBB N-A 25.34 18.61 CCL-B-T CCL INDUSTRIES INC - CL B 1.48 15.88 14.81 -1.63 BBB Baa2 25.20 19.14 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.36 7.96 10.21 -24.40 A- Baa1 22.69 176.64 FM-T FIRST QUANTUM MINERALS LTD 1.30 75.18 N-A -10.60 B+ N-A 0.83 8.44 TECK-B-T TECK RESOURCES LTD-CLS B 1.09 35.84 362.50 33.56 BBB- Baa3 3.71 4.60 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 1.87 -43.57 N-A BBB Baa2 16.52 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.80 12.33 0.00 8.24 BBB+ N-A 18.11 27.14 WCN-T WASTE CONNECTIONS INC 0.67 12.95 13.51 10.07 BBB+ Baa2 35.63 41.28 CCO-T CAMECO CORP 0.39 -27.52 0.00 -1.41 BBB- N-A N-A 248.31 HBM-T HUDBAY MINERALS INC 0.36 0.00 0.00 -37.70 B B1 N-A 35.21 SNC-T SNC-LAVALIN GROUP INC 0.35 -40.57 0.00 -31.54 BB+ N-A 14.02 37.16 DOL-T DOLLARAMA INC 0.27 8.57 9.25 43.87 BBB N-A 9.16 32.61 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.20 N-A 13.98 -30.45 B+ B1 N-A N-A
Source: Bloomberg
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