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 11.06 -26.77 0.00 -59.42 BB N-A N-A 4.31 SPB-T SUPERIOR PLUS CORP 7.27 0.00 0.00 -26.57 BB- N-A N-A 96.38 KEY-T KEYERA CORP 6.81 3.27 0.00 -2.11 BBB- N-A 130.89 12.01 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.73 2.66 2.92 -38.29 N-A Baa2 48.86 27.95 GWO-T GREAT-WEST LIFECO INC 6.37 6.26 11.87 -15.36 A+ N-A 53.58 1.40 ENB-T ENBRIDGE INC 6.31 7.92 3.02 10.37 BBB+ Baa1 116.18 18.51 AQN-T ALGONQUIN POWER & UTILITIES 6.29 8.82 10.75 -9.41 BBB N-A 165.34 25.20 GEI-T GIBSON ENERGY INC 6.14 2.04 5.04 7.01 BBB- Ba2 141.43 18.66 POW-T POWER CORP OF CANADA 6.06 7.38 10.61 -18.98 A+ N-A 42.63 14.29 BNS-T BANK OF NOVA SCOTIA 5.97 5.89 12.78 -12.08 A+ N-A 46.54 8.13 TCL-A-T TRANSCONTINENTAL INC-CL A 5.90 2.77 0.00 -19.15 BBB- N-A 59.95 11.02 BCE-T BCE INC 5.89 5.10 5.13 3.11 BBB+ Baa2 117.09 18.35 IGM-T IGM FINANCIAL INC 5.79 0.00 0.00 -19.30 A N-A 54.89 10.23 MFC-T MANULIFE FINANCIAL CORP 5.73 10.53 17.86 -2.80 A N-A 32.98 2.61 TRP-T TC ENERGY CORP 5.70 7.91 4.39 7.11 BBB+ Baa2 187.82 14.46 PPL-T PEMBINA PIPELINE CORP 5.69 4.86 0.60 16.71 BBB N-A 126.23 12.71 CAS-T CASCADES INC 5.63 24.57 33.33 -37.87 BB- Ba2 N-A N-A LB-T LAURENTIAN BANK OF CANADA 5.63 -6.27 11.25 -21.15 BBB N-A 154.91 6.60 EMA-T EMERA INC 5.40 4.66 3.98 -9.12 BBB Baa3 128.82 12.68 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.36 4.04 4.03 -5.59 BBB N-A 91.62 29.66 CHP-UN-T CHOICE PROPERTIES REIT 5.27 0.41 0.00 -2.22 BBB N-A 2325.65 9.25 CPX-T CAPITAL POWER CORP 5.22 6.96 6.59 15.14 BBB- N-A 505.52 13.91 CM-T CAN IMPERIAL BK OF COMMERCE 5.19 5.18 11.99 -10.30 A+ N-A 41.81 8.79 RUS-T RUSSEL METALS INC 5.13 0.00 0.00 -12.51 BB+ Ba1 22.07 4.50 CIX-T CI FINANCIAL CORP 4.97 -12.39 0.00 -49.93 BBB- Baa2 35.78 6.51 CU-T CANADIAN UTILITIES LTD-A 4.97 4.44 1.00 6.24 BBB+ N-A 144.73 12.71 T-T TELUS CORP 4.85 6.49 6.15 4.35 BBB+ *- Baa1 103.37 21.34 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.85 -6.55 -3.37 -2.77 BBB N-A 50.83 15.63 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.72 17.61 24.47 -16.13 BBB N-A 26.67 8.43 SLF-T SUN LIFE FINANCIAL INC 4.72 9.57 22.73 -10.03 A+ N-A 34.41 10.83 ALA-T ALTAGAS LTD 4.58 -12.78 6.39 -4.53 BBB- N-A 122.17 45.84 ACO-X-T ATCO LTD -CLASS I 4.40 7.66 2.99 5.34 BBB+ N-A 83.22 11.51 CCA-T COGECO COMMUNICATIONS INC 4.35 10.94 12.93 -30.04 BB+ N-A 30.80 7.44 BMO-T BANK OF MONTREAL 4.23 8.85 28.30 -2.28 A+ N-A 36.56 9.73 FTS-T FORTIS INC 4.20 5.99 5.94 -1.45 A- Baa3 79.85 20.05 CNQ-T CANADIAN NATURAL RESOURCES 4.19 32.18 136.38 64.50 BBB- Baa1 30.79 7.94 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.11 0.06 7.54 -11.58 BBB+ N-A N-A N-A GRT-UN-T GRANITE REAL ESTATE INVESTME 4.04 3.60 3.32 -19.92 N-A (P)Baa2 14.71 19.06 TD-T TORONTO-DOMINION BANK 3.99 8.66 12.66 0.08 AA- N-A 40.86 10.98 SU-T SUNCOR ENERGY INC 3.94 7.33 111.90 53.68 BBB Baa1 37.96 6.88 RY-T ROYAL BANK OF CANADA 3.91 7.34 14.81 2.06 AA- N-A 39.02 11.91 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.83 4.21 7.97 4.80 BBB+ N-A 108.86 362.27 IAG-T IA FINANCIAL CORP INC 3.82 13.23 31.44 -2.98 A N-A 26.99 2.92 NA-T NATIONAL BANK OF CANADA 3.82 9.44 26.06 -4.54 A N-A 31.36 9.85 ABX-T BARRICK GOLD CORP 3.64 45.52 17.43 -12.36 BBB+ Baa1 32.55 18.34 QSR-T RESTAURANT BRANDS INTERN 3.48 23.46 4.53 19.47 BB N-A 78.42 22.99 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.48 0.82 0.00 -2.40 BBB+ *- Baa1 *- 64.83 15.69 AEM-T AGNICO EAGLE MINES LTD 3.35 30.44 12.57 -8.62 NR Baa2 62.61 28.93 OTEX-T OPEN TEXT CORP 3.33 12.23 12.40 -38.43 BB+ Ba1 *- 60.36 37.18 SJR-B-T SHAW COMMUNICATIONS INC-B 3.29 0.00 0.00 0.94 BBB- Baa2 *- 61.07 21.20 H-T HYDRO ONE LTD 3.26 4.89 5.00 16.98 A- N-A 65.18 19.97 MG-T MAGNA INTERNATIONAL INC 3.04 9.85 6.73 -23.97 A- A3 33.95 12.57 FTT-T FINNING INTERNATIONAL INC 2.88 4.57 9.76 -7.40 BBB+ N-A 38.94 11.10 GSY-T GOEASY LTD 2.84 38.51 39.51 -33.12 BB- Ba3 24.90 13.29 K-T KINROSS GOLD CORP 2.82 N-A 1.87 -31.98 BBB- Baa3 0.00 24.65 YRI-T YAMANA GOLD INC 2.48 42.74 13.13 20.23 BBB- Baa3 71.05 18.44 NTR-T NUTRIEN LTD 2.42 N-A 6.49 25.44 BBB Baa2 33.24 6.03 IMO-T IMPERIAL OIL LTD 2.32 15.78 31.63 81.88 AA- N-A 29.41 8.07 EFN-T ELEMENT FLEET MANAGEMENT COR 2.23 4.40 19.23 39.39 BBB N-A 35.21 19.71 SAP-T SAPUTO INC 2.15 3.37 2.13 10.65 N-A Baa1 109.01 27.07 RBA-T RITCHIE BROS AUCTIONEERS 2.02 7.74 13.75 -18.46 BB+ Ba2 *- 70.46 31.80 IFC-T INTACT FINANCIAL CORP 2.01 9.36 17.77 19.87 N-A Baa1 27.42 14.65 MX-T METHANEX CORP 1.79 -13.16 147.32 -9.28 BB Ba1 5.11 6.10 CNR-T CANADIAN NATL RAILWAY CO 1.78 11.77 16.22 2.41 A A2 35.63 23.23 TA-T TRANSALTA CORP 1.74 4.56 12.68 -6.46 BB+ Ba1 N-A 38.89 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.72 -0.88 -1.30 38.65 BBB Baa3 7.73 19.81 TRI-T THOMSON REUTERS CORP 1.61 2.08 10.61 -0.54 BBB Baa2 14.06 73.22 CCL-B-T CCL INDUSTRIES INC - CL B 1.60 15.88 14.81 -10.26 BBB Baa2 25.20 17.54 CVE-T CENOVUS ENERGY INC 1.51 6.96 433.33 75.12 BBB- N-A 29.98 10.44 MRU-T METRO INC/CN 1.50 11.10 10.00 13.76 BBB N-A 29.91 20.62 WFG-T WEST FRASER TIMBER CO LTD 1.45 33.59 51.28 7.04 BBB- Baa3 2.88 3.55 L-T LOBLAW COMPANIES LTD 1.45 7.76 12.41 15.28 BBB N-A 25.34 19.06 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.25 7.96 10.21 -18.91 A- Baa1 22.69 69.70 TECK-B-T TECK RESOURCES LTD-CLS B 1.09 35.84 362.50 29.85 BBB- Baa3 3.71 4.68 FM-T FIRST QUANTUM MINERALS LTD 1.00 75.18 N-A 14.75 B+ N-A 0.83 12.87 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 0.73 12.33 0.00 8.32 BBB+ N-A 18.11 28.92 WCN-T WASTE CONNECTIONS INC 0.73 12.32 11.29 9.70 BBB+ Baa2 35.63 42.06 CCO-T CAMECO CORP 0.37 -27.52 0.00 -7.38 BBB- N-A N-A 110.38 SNC-T SNC-LAVALIN GROUP INC 0.33 -40.57 0.00 -30.06 BB+ N-A 14.02 33.75 HBM-T HUDBAY MINERALS INC 0.28 0.00 0.00 -22.64 B B1 N-A 8.04 DOL-T DOLLARAMA INC 0.27 8.57 9.25 38.90 BBB N-A 9.16 32.63 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.19 N-A 13.37 -26.06 B+ B1 N-A N-A
Source: Bloomberg
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