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 10.53 -26.77 0.00 -58.48 BB N-A N-A 4.27 SPB-T SUPERIOR PLUS CORP 6.89 0.00 0.00 -23.42 BB- N-A N-A 30.60 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.76 2.66 2.92 -38.30 N-A Baa2 48.86 27.93 AQN-T ALGONQUIN POWER & UTILITIES 6.64 8.82 10.75 -12.74 BBB N-A 165.34 21.79 KEY-T KEYERA CORP 6.62 3.27 0.00 2.22 BBB- N-A 130.89 12.81 GWO-T GREAT-WEST LIFECO INC 6.54 6.26 11.87 -16.31 A+ N-A 53.58 1.35 GEI-T GIBSON ENERGY INC 6.45 2.04 5.04 8.16 BBB- Ba2 141.43 18.38 ENB-T ENBRIDGE INC 6.41 7.92 3.02 9.17 BBB+ Baa1 116.18 18.36 BNS-T BANK OF NOVA SCOTIA 6.35 5.89 12.78 -17.71 A+ N-A 46.54 7.64 IGM-T IGM FINANCIAL INC 6.29 0.00 0.00 -24.69 A N-A 54.89 9.27 POW-T POWER CORP OF CANADA 6.19 7.38 10.61 -18.14 A+ N-A 42.63 10.99 LB-T LAURENTIAN BANK OF CANADA 6.05 -6.27 11.25 -25.68 BBB N-A 154.91 6.20 TRP-T TC ENERGY CORP 6.04 7.91 4.39 -4.72 BBB+ Baa2 187.82 14.18 TCL-A-T TRANSCONTINENTAL INC-CL A 6.03 2.77 0.00 -21.12 BBB- N-A 59.95 10.79 MFC-T MANULIFE FINANCIAL CORP 5.99 10.53 17.86 -2.95 A N-A 32.98 2.46 BCE-T BCE INC 5.91 5.10 5.13 1.75 BBB+ Baa2 117.09 17.50 CAS-T CASCADES INC 5.78 24.57 33.33 -40.85 BB- Ba2 N-A N-A CHP-UN-T CHOICE PROPERTIES REIT 5.64 0.41 0.00 -8.87 BBB N-A 2325.65 15.21 PPL-T PEMBINA PIPELINE CORP 5.60 4.86 0.60 18.01 BBB N-A 126.23 12.25 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.56 4.04 4.03 -10.91 BBB N-A 91.62 28.39 CIX-T CI FINANCIAL CORP 5.54 -12.39 0.00 -53.92 BBB- Baa2 35.78 5.61 EMA-T EMERA INC 5.52 4.66 3.98 -11.06 BBB Baa3 128.82 12.58 CM-T CAN IMPERIAL BK OF COMMERCE 5.49 5.18 11.99 -14.64 A+ N-A 41.81 8.38 CPX-T CAPITAL POWER CORP 5.47 6.96 6.59 10.26 BBB- N-A 505.52 13.43 RUS-T RUSSEL METALS INC 5.39 0.00 0.00 -11.09 BB+ Ba1 22.07 3.89 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.37 -6.55 -3.37 -11.95 BBB N-A 50.83 34.00 CU-T CANADIAN UTILITIES LTD-A 5.23 4.92 1.00 4.43 BBB+ N-A 144.73 12.51 SLF-T SUN LIFE FINANCIAL INC 4.88 9.57 22.73 -13.81 A+ N-A 34.41 10.44 T-T TELUS CORP 4.88 6.49 6.15 3.43 BBB+ *- Baa1 103.37 22.18 BMO-T BANK OF MONTREAL 4.48 8.85 28.30 -5.60 A+ N-A 36.56 9.22 ACO-X-T ATCO LTD -CLASS I 4.44 7.66 2.99 5.74 BBB+ N-A 83.22 11.40 ALA-T ALTAGAS LTD 4.44 -12.78 6.39 -5.17 BBB- N-A 122.17 45.88 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.42 3.60 3.32 -27.66 N-A (P)Baa2 14.71 39.08 CCA-T COGECO COMMUNICATIONS INC 4.41 10.39 10.16 -31.43 BB+ N-A 30.80 7.33 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.36 0.06 7.54 -16.61 BBB+ N-A N-A N-A CTC-A-T CANADIAN TIRE CORP-CLASS A 4.31 17.61 24.47 -14.90 BBB N-A 26.67 8.35 FTS-T FORTIS INC 4.29 5.99 5.94 -1.11 A- Baa3 79.85 19.88 ABX-T BARRICK GOLD CORP 4.28 45.52 17.43 -19.94 BBB+ Baa1 32.55 14.77 CNQ-T CANADIAN NATURAL RESOURCES 4.15 32.18 136.38 66.77 BBB- Baa1 30.79 8.01 TD-T TORONTO-DOMINION BANK 4.14 8.66 12.66 -1.12 AA- N-A 40.86 10.67 RY-T ROYAL BANK OF CANADA 4.10 7.34 14.81 -1.67 AA- N-A 39.02 11.41 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.09 4.21 7.97 1.14 BBB+ N-A 108.86 342.18 NA-T NATIONAL BANK OF CANADA 4.07 9.44 26.06 -8.85 A N-A 31.36 9.36 QSR-T RESTAURANT BRANDS INTERN 3.94 23.46 4.53 17.31 BB N-A 78.42 18.07 SU-T SUNCOR ENERGY INC 3.84 7.33 111.90 57.03 BBB Baa1 37.96 6.99 AEM-T AGNICO EAGLE MINES LTD 3.84 30.44 12.57 -10.41 NR Baa2 62.61 25.24 IAG-T IA FINANCIAL CORP INC 3.62 13.23 31.44 4.69 A N-A 26.99 2.87 OTEX-T OPEN TEXT CORP 3.52 12.23 12.40 -38.40 BB+ Ba1 *- 60.36 35.88 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.50 0.82 0.00 -2.07 BBB+ *- Baa1 *- 64.83 14.72 FTT-T FINNING INTERNATIONAL INC 3.41 4.57 9.76 -21.80 BBB+ N-A 38.94 10.72 SJR-B-T SHAW COMMUNICATIONS INC-B 3.34 0.00 0.00 2.89 BBB- Baa2 *- 61.07 20.95 H-T HYDRO ONE LTD 3.30 4.89 5.00 15.89 A- N-A 65.18 19.84 MG-T MAGNA INTERNATIONAL INC 3.30 9.85 6.73 -25.52 A- A3 33.95 11.88 GSY-T GOEASY LTD 3.25 38.51 39.51 -39.02 BB- Ba3 24.90 10.55 K-T KINROSS GOLD CORP 3.23 N-A 1.87 -36.50 BBB- Baa3 0.00 23.33 YRI-T YAMANA GOLD INC 2.93 42.74 13.13 14.95 BBB- Baa3 71.05 15.28 NTR-T NUTRIEN LTD 2.66 N-A 6.49 19.61 BBB Baa2 33.24 5.50 SAP-T SAPUTO INC 2.36 3.37 2.13 12.26 N-A Baa1 109.01 30.11 IMO-T IMPERIAL OIL LTD 2.26 15.78 31.63 93.02 AA- N-A 29.41 8.27 IFC-T INTACT FINANCIAL CORP 1.98 9.36 17.77 26.04 N-A Baa1 27.42 15.01 MX-T METHANEX CORP 1.95 -13.16 147.32 -15.53 BB Ba1 5.11 5.61 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.89 -0.88 -1.30 32.40 BBB Baa3 7.73 42.75 CNR-T CANADIAN NATL RAILWAY CO 1.85 11.77 16.22 -1.42 A A2 35.63 22.50 EFN-T ELEMENT FLEET MANAGEMENT COR 1.72 4.40 19.23 34.69 BBB N-A 35.21 21.20 TA-T TRANSALTA CORP 1.71 4.56 12.68 -13.78 BB+ Ba1 N-A N-A TRI-T THOMSON REUTERS CORP 1.64 2.08 10.61 -2.57 BBB Baa2 14.06 69.98 RBA-T RITCHIE BROS AUCTIONEERS 1.64 7.74 13.75 1.26 BB+ Ba2 70.46 38.91 CCL-B-T CCL INDUSTRIES INC - CL B 1.59 15.88 14.81 -10.29 BBB Baa2 25.20 18.14 MRU-T METRO INC/CN 1.57 11.10 10.00 13.18 BBB N-A 29.91 20.08 WFG-T WEST FRASER TIMBER CO LTD 1.54 33.59 51.28 2.03 BBB- Baa3 2.88 3.30 L-T LOBLAW COMPANIES LTD 1.46 7.76 12.41 17.34 BBB N-A 25.34 18.86 CVE-T CENOVUS ENERGY INC 1.45 6.96 433.33 91.05 BBB- N-A 29.98 10.82 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.37 7.96 10.21 -28.48 A- Baa1 22.69 178.08 FM-T FIRST QUANTUM MINERALS LTD 1.23 75.18 N-A -7.55 B+ N-A 0.83 10.04 TECK-B-T TECK RESOURCES LTD-CLS B 1.15 35.84 362.50 25.49 BBB- Baa3 3.71 4.33 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 -9.38 -68.57 N-A BBB Baa2 16.52 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.74 12.33 0.00 7.67 BBB+ N-A 18.11 28.22 WCN-T WASTE CONNECTIONS INC 0.73 12.95 13.51 12.89 BBB+ Baa2 35.63 42.18 CCO-T CAMECO CORP 0.39 -27.52 0.00 -5.83 BBB- N-A N-A 109.42 SNC-T SNC-LAVALIN GROUP INC 0.34 -40.57 0.00 -27.02 BB+ N-A 14.02 32.73 HBM-T HUDBAY MINERALS INC 0.33 0.00 0.00 -30.09 B B1 #N-A N-A 6.60 DOL-T DOLLARAMA INC 0.28 8.57 9.25 40.20 BBB N-A 9.16 32.23 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.19 N-A 13.37 -31.95 B+ B1 N-A N-A
Source: Bloomberg
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