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 -59.36 BB N-A N-A 4.27 SPB-T SUPERIOR PLUS CORP 7.17 0.00 0.00 -19.95 BB- N-A N-A 30.78 AQN-T ALGONQUIN POWER & UTILITIES 6.60 8.82 10.75 -12.61 BBB N-A 165.34 21.70 GEI-T GIBSON ENERGY INC 6.49 2.04 5.04 -1.90 BBB- Ba2 141.43 22.12 KEY-T KEYERA CORP 6.48 3.27 0.00 -2.52 BBB- N-A 130.89 12.80 ENB-T ENBRIDGE INC 6.43 7.92 3.02 8.10 BBB+ Baa1 116.18 18.76 GWO-T GREAT-WEST LIFECO INC 6.30 6.26 11.87 -11.45 A+ N-A 53.58 1.67 BNS-T BANK OF NOVA SCOTIA 6.24 5.89 12.78 -16.00 A+ N-A 46.54 7.74 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.23 2.69 2.92 -32.08 N-A Baa2 48.86 30.02 IGM-T IGM FINANCIAL INC 6.08 0.00 0.00 -20.90 A N-A 54.89 9.14 BCE-T BCE INC 6.03 5.10 5.13 0.90 BBB+ Baa2 117.09 17.41 MFC-T MANULIFE FINANCIAL CORP 5.98 10.53 17.86 -4.65 A N-A 32.98 2.48 POW-T POWER CORP OF CANADA 5.95 7.38 10.61 -15.89 A+ N-A 42.63 11.18 TRP-T TC ENERGY CORP 5.93 7.91 4.39 -5.56 BBB+ Baa2 187.82 14.22 LB-T LAURENTIAN BANK OF CANADA 5.91 -6.27 11.25 -24.59 BBB N-A 154.91 6.23 PPL-T PEMBINA PIPELINE CORP 5.80 4.86 0.60 14.29 BBB N-A 126.23 14.81 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.72 4.09 4.03 -7.89 BBB N-A 91.62 28.96 TCL-A-T TRANSCONTINENTAL INC-CL A 5.66 2.77 0.00 -13.52 BBB- N-A 59.95 11.53 CAS-T CASCADES INC 5.61 24.57 33.33 -37.88 BB- Ba2 N-A N-A CHP-UN-T CHOICE PROPERTIES REIT 5.58 0.48 0.00 -6.48 BBB N-A 2325.65 15.36 CM-T CAN IMPERIAL BK OF COMMERCE 5.44 5.18 11.99 -15.05 A+ N-A 41.81 8.38 RUS-T RUSSEL METALS INC 5.43 0.00 0.00 -12.08 BB+ Ba1 22.07 3.82 EMA-T EMERA INC 5.37 4.86 3.92 -8.44 BBB Baa3 128.82 12.94 CIX-T CI FINANCIAL CORP 5.22 -12.36 0.00 -49.19 BBB- Baa2 35.78 5.95 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.20 -6.55 -3.37 -8.53 BBB N-A 50.83 14.93 CPX-T CAPITAL POWER CORP 5.16 6.96 6.59 17.49 BBB- N-A 505.52 18.63 ABX-T BARRICK GOLD CORP 5.04 45.52 17.43 -6.58 BBB+ Baa1 32.55 14.66 CU-T CANADIAN UTILITIES LTD-A 4.85 4.87 1.00 6.30 BBB+ N-A 144.73 12.72 SLF-T SUN LIFE FINANCIAL INC 4.80 9.57 22.73 -15.59 A+ N-A 34.41 9.06 T-T TELUS CORP 4.79 6.49 6.15 4.53 BBB+ *- Baa1 103.37 23.59 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.49 3.71 3.32 -26.83 N-A (P)Baa2 14.71 39.09 BMO-T BANK OF MONTREAL 4.38 7.74 20.52 -5.33 A+ N-A 36.56 9.36 ACO-X-T ATCO LTD -CLASS I 4.33 7.66 2.99 8.39 BBB+ N-A 83.22 11.65 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.30 0.06 7.54 -18.63 BBB+ N-A N-A N-A CTC-A-T CANADIAN TIRE CORP-CLASS A 4.28 18.30 24.47 -9.90 BBB N-A 26.67 8.48 FTS-T FORTIS INC 4.28 5.99 5.94 -1.56 A- Baa3 79.85 19.71 CCA-T COGECO COMMUNICATIONS INC 4.16 10.39 10.16 -35.51 BB+ N-A 30.22 7.04 RY-T ROYAL BANK OF CANADA 4.16 7.34 14.81 -1.21 AA- N-A 39.02 11.35 NA-T NATIONAL BANK OF CANADA 4.11 9.44 26.06 -8.80 A N-A 31.36 9.29 SU-T SUNCOR ENERGY INC 4.09 7.33 111.90 48.31 BBB Baa1 37.96 7.49 TD-T TORONTO-DOMINION BANK 4.07 8.66 12.66 1.15 AA- N-A 40.86 10.73 ALA-T ALTAGAS LTD 4.06 -12.78 6.39 1.93 BBB- N-A 122.17 50.96 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.89 4.21 7.97 2.93 BBB+ N-A 108.86 43.75 CNQ-T CANADIAN NATURAL RESOURCES 3.75 32.18 136.38 63.64 BBB- Baa1 30.79 8.79 FTT-T FINNING INTERNATIONAL INC 3.73 4.57 9.76 -23.30 BBB+ N-A 38.94 10.74 QSR-T RESTAURANT BRANDS INTERN 3.71 23.46 4.53 17.46 BB N-A 78.42 18.32 IAG-T IA FINANCIAL CORP INC 3.65 13.23 31.44 5.51 A N-A 26.99 2.90 AEM-T AGNICO EAGLE MINES LTD 3.62 30.44 12.57 -8.03 NR Baa2 62.61 27.06 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.55 0.82 0.00 2.23 BBB+ *- Baa1 *- 64.83 14.87 SJR-B-T SHAW COMMUNICATIONS INC-B 3.48 0.00 0.00 4.33 BBB- Baa2 *- 61.07 21.36 H-T HYDRO ONE LTD 3.44 4.89 5.00 16.81 A- N-A 65.18 19.50 GSY-T GOEASY LTD 3.29 38.51 39.51 -42.31 BB- Ba3 24.90 10.59 OTEX-T OPEN TEXT CORP 3.23 12.23 12.40 -35.10 BB+ Ba1 *- 60.36 17.50 MG-T MAGNA INTERNATIONAL INC 3.12 9.85 6.73 -23.62 A- A3 33.95 12.19 K-T KINROSS GOLD CORP 3.08 N-A 1.87 -33.75 BBB- Baa3 0.00 24.94 YRI-T YAMANA GOLD INC 2.82 42.74 13.13 20.56 BBB- Baa3 71.05 16.81 IMO-T IMPERIAL OIL LTD 2.44 15.78 31.63 52.96 AA- N-A 29.41 7.17 NTR-T NUTRIEN LTD 2.32 N-A 6.49 33.49 BBB Baa2 33.24 6.93 SAP-T SAPUTO INC 2.19 3.37 2.13 11.82 N-A Baa1 109.01 30.61 IFC-T INTACT FINANCIAL CORP 2.00 9.36 17.77 24.02 N-A Baa1 27.42 15.04 MX-T METHANEX CORP 1.93 -13.16 147.32 -13.31 BB Ba1 5.11 5.44 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.89 -0.88 -1.30 33.72 BBB Baa3 7.73 27.18 CNR-T CANADIAN NATL RAILWAY CO 1.84 11.77 16.22 -0.74 A A2 35.63 22.62 EFN-T ELEMENT FLEET MANAGEMENT COR 1.72 4.40 19.23 38.40 BBB N-A 35.21 21.53 TA-T TRANSALTA CORP 1.70 4.56 12.68 -11.48 BB+ Ba1 N-A N-A RBA-T RITCHIE BROS AUCTIONEERS 1.62 7.74 13.75 4.72 BB+ Ba2 70.46 39.15 WFG-T WEST FRASER TIMBER CO LTD 1.61 33.59 51.28 0.46 BBB- Baa3 2.88 3.17 TRI-T THOMSON REUTERS CORP 1.61 2.08 10.61 -0.96 BBB Baa2 14.06 304.43 MRU-T METRO INC/CN 1.57 11.10 10.00 15.87 BBB N-A 29.91 19.98 CVE-T CENOVUS ENERGY INC 1.54 6.96 433.33 89.57 BBB- N-A 29.98 11.21 CCL-B-T CCL INDUSTRIES INC - CL B 1.49 15.88 14.81 -2.04 BBB Baa2 25.20 19.09 L-T LOBLAW COMPANIES LTD 1.45 7.76 12.41 22.52 BBB N-A 25.34 19.15 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.33 7.96 10.21 -28.52 A- Baa1 22.69 178.93 FM-T FIRST QUANTUM MINERALS LTD 1.31 75.18 N-A -7.87 B+ N-A 0.83 10.17 TECK-B-T TECK RESOURCES LTD-CLS B 1.10 35.84 362.50 31.71 BBB- Baa3 3.71 4.67 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 0.75 12.33 0.00 5.36 BBB+ N-A 18.11 27.73 WCN-T WASTE CONNECTIONS INC 0.66 12.95 13.51 11.04 BBB+ Baa2 35.63 42.50 HBM-T HUDBAY MINERALS INC 0.39 0.00 0.00 -36.70 B B1 N-A 35.22 CCO-T CAMECO CORP 0.37 -27.52 0.00 3.57 BBB- N-A N-A 111.89 SNC-T SNC-LAVALIN GROUP INC 0.34 -40.57 0.00 -34.03 BB+ N-A 14.02 38.28 DOL-T DOLLARAMA INC 0.27 8.57 9.25 46.61 BBB N-A 9.16 32.78 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.19 N-A 13.37 -29.24 B+ B1 N-A N-A
Source: Bloomberg
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