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 10.91 -26.77 0.00 -56.85 BB N-A N-A 4.35 AQN-T ALGONQUIN POWER & UTILITIES 9.58 8.82 10.75 -41.01 BBB N-A 165.34 9.90 SPB-T SUPERIOR PLUS CORP 7.24 0.00 0.00 -24.67 BB- N-A N-A 96.18 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.72 2.66 2.92 -38.90 N-A Baa2 48.86 27.57 KEY-T KEYERA CORP 6.64 3.27 0.00 2.77 BBB- N-A 130.89 12.45 ENB-T ENBRIDGE INC 6.40 7.35 2.99 13.24 BBB+ Baa1 116.18 18.22 GWO-T GREAT-WEST LIFECO INC 6.32 6.26 11.87 -13.24 A+ N-A 53.58 1.42 GEI-T GIBSON ENERGY INC 6.28 2.04 5.04 7.06 BBB- Ba2 141.43 18.49 POW-T POWER CORP OF CANADA 6.18 7.38 10.61 -18.79 A+ N-A 42.63 13.82 BNS-T BANK OF NOVA SCOTIA 5.95 5.89 12.78 -12.46 A+ N-A 46.54 8.11 BCE-T BCE INC 5.93 5.10 5.13 1.84 BBB+ Baa2 117.09 18.21 TCL-A-T TRANSCONTINENTAL INC-CL A 5.87 2.77 0.00 -14.92 BBB- N-A 59.95 11.08 CAS-T CASCADES INC 5.78 24.57 33.33 -39.72 BB- Ba2 N-A 75.08 IGM-T IGM FINANCIAL INC 5.74 0.00 0.00 -18.06 A N-A 54.89 10.18 TRP-T TC ENERGY CORP 5.71 7.91 4.39 11.52 BBB+ Baa2 187.82 14.66 MFC-T MANULIFE FINANCIAL CORP 5.67 10.53 17.86 -0.93 A N-A 32.98 2.65 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.62 4.04 4.03 -8.65 BBB N-A 91.62 28.27 PPL-T PEMBINA PIPELINE CORP 5.61 4.86 0.60 18.06 BBB N-A 126.23 12.97 LB-T LAURENTIAN BANK OF CANADA 5.47 -6.27 11.25 -17.27 BBB N-A 154.91 6.80 CPX-T CAPITAL POWER CORP 5.33 6.96 6.59 12.16 BBB- N-A 505.52 13.51 RUS-T RUSSEL METALS INC 5.29 0.00 0.00 -13.82 BB+ Ba1 22.07 4.37 EMA-T EMERA INC 5.27 4.66 3.98 -9.61 BBB Baa3 128.82 12.73 CM-T CAN IMPERIAL BK OF COMMERCE 5.22 5.18 11.99 -10.77 A+ N-A 41.81 8.67 CHP-UN-T CHOICE PROPERTIES REIT 5.21 0.41 0.00 -0.59 BBB N-A 2325.65 7.49 CU-T CANADIAN UTILITIES LTD-A 5.03 4.44 1.00 4.17 BBB+ N-A 144.73 12.58 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.91 -6.55 -3.37 -3.75 BBB N-A 50.83 15.52 T-T TELUS CORP 4.86 6.49 6.15 4.39 BBB+ *- Baa1 103.37 21.39 CIX-T CI FINANCIAL CORP 4.80 -12.39 0.00 -49.79 BBB- Baa2 35.78 6.04 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.70 17.61 24.47 -12.20 BBB N-A 26.67 8.52 SLF-T SUN LIFE FINANCIAL INC 4.65 9.57 22.73 -8.24 A+ N-A 34.41 10.99 ALA-T ALTAGAS LTD 4.56 -12.78 6.39 -6.17 BBB- N-A 122.17 44.93 ACO-X-T ATCO LTD -CLASS I 4.50 7.66 2.99 1.53 BBB+ N-A 83.22 11.41 SU-T SUNCOR ENERGY INC 4.42 7.33 111.90 56.51 BBB Baa1 37.96 6.98 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.40 0.06 7.54 -14.70 BBB+ N-A N-A N-A CNQ-T CANADIAN NATURAL RESOURCES 4.33 32.18 136.38 60.54 BBB- Baa1 30.79 7.82 FTS-T FORTIS INC 4.30 5.95 5.85 -1.92 A- Baa3 79.85 19.58 CCA-T COGECO COMMUNICATIONS INC 4.25 10.37 12.93 -21.90 BB+ N-A 30.80 7.75 BMO-T BANK OF MONTREAL 4.24 8.85 28.30 -1.56 A+ N-A 36.56 9.72 TD-T TORONTO-DOMINION BANK 4.01 8.66 12.66 0.03 AA- N-A 40.86 10.91 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.00 3.60 3.32 -19.01 N-A (P)Baa2 14.71 19.36 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.97 4.21 7.97 4.75 BBB+ N-A 108.86 107.03 NA-T NATIONAL BANK OF CANADA 3.91 9.44 26.06 -4.74 A N-A 31.36 9.86 ABX-T BARRICK GOLD CORP 3.89 45.52 17.43 -16.75 BBB+ Baa1 32.55 17.24 RY-T ROYAL BANK OF CANADA 3.85 7.34 14.81 4.30 AA- N-A 39.02 12.04 IAG-T IA FINANCIAL CORP INC 3.80 13.67 25.00 1.58 A N-A 26.99 2.99 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.45 0.82 0.00 2.22 BBB+ *- Baa1 *- 64.83 15.99 SJR-B-T SHAW COMMUNICATIONS INC-B 3.39 0.00 0.00 1.62 BBB- Baa2 *- 61.07 21.37 AEM-T AGNICO EAGLE MINES LTD 3.37 30.44 12.57 -7.65 NR Baa2 62.61 28.46 OTEX-T OPEN TEXT CORP 3.32 12.23 12.40 -39.87 BB+ Ba2 60.36 36.65 QSR-T RESTAURANT BRANDS INTERN 3.30 23.46 4.53 28.64 BB N-A 78.42 24.57 H-T HYDRO ONE LTD 3.20 4.89 5.00 18.02 A- N-A 65.18 20.31 GSY-T GOEASY LTD 3.08 38.51 39.51 -37.54 BB- Ba3 24.90 12.21 FTT-T FINNING INTERNATIONAL INC 3.02 4.57 9.76 -9.82 BBB+ N-A 38.94 10.57 MG-T MAGNA INTERNATIONAL INC 2.96 10.40 8.49 -23.69 A- A3 33.95 13.01 K-T KINROSS GOLD CORP 2.95 N-A 1.87 -34.85 BBB- Baa3 0.00 23.52 YRI-T YAMANA GOLD INC 2.48 42.74 13.13 20.87 BBB- Baa3 71.05 18.32 NTR-T NUTRIEN LTD 2.44 N-A 6.49 23.57 BBB Baa2 33.24 5.97 IMO-T IMPERIAL OIL LTD 2.38 15.78 31.63 75.92 AA- N-A 29.41 8.03 EFN-T ELEMENT FLEET MANAGEMENT COR 2.20 4.40 19.23 43.75 BBB N-A 35.21 20.02 IFC-T INTACT FINANCIAL CORP 2.11 9.36 17.77 17.54 N-A Baa1 27.42 14.08 SAP-T SAPUTO INC 2.07 3.37 2.13 22.15 N-A Baa1 109.01 28.92 RBA-T RITCHIE BROS AUCTIONEERS 1.92 7.74 13.75 -18.67 BB+ Ba2 *- 70.46 32.65 MX-T METHANEX CORP 1.90 -13.16 147.32 -6.96 BB Ba1 5.11 5.97 TA-T TRANSALTA CORP 1.80 4.56 12.68 -8.06 BB+ Ba1 N-A 38.03 CNR-T CANADIAN NATL RAILWAY CO 1.78 11.77 16.22 3.00 A A2 35.63 23.28 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.68 -0.88 -1.30 31.42 BBB Baa3 7.73 20.18 MRU-T METRO INC/CN 1.63 11.10 10.00 20.82 BBB N-A 31.19 20.76 CCL-B-T CCL INDUSTRIES INC - CL B 1.60 15.88 14.81 -5.75 BBB Baa2 25.20 18.00 TRI-T THOMSON REUTERS CORP 1.59 3.02 13.87 -1.56 BBB Baa2 14.06 73.70 CVE-T CENOVUS ENERGY INC 1.54 14.52 650.48 73.73 BBB- Baa2 29.98 10.33 L-T LOBLAW COMPANIES LTD 1.47 7.76 12.41 14.07 BBB N-A 25.34 17.64 WFG-T WEST FRASER TIMBER CO LTD 1.45 33.59 51.28 0.70 BBB- Baa3 2.88 3.49 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.23 7.96 10.21 -19.08 A- Baa1 22.69 69.46 TECK-B-T TECK RESOURCES LTD-CLS B 1.14 35.84 362.50 35.17 BBB- Baa3 3.71 4.49 FM-T FIRST QUANTUM MINERALS LTD 1.10 75.18 N-A 9.27 B+ N-A 0.83 11.73 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 9.62 BBB+ N-A 18.11 28.79 WCN-T WASTE CONNECTIONS INC 0.70 13.30 16.23 6.91 BBB+ Baa2 35.63 41.52 CCO-T CAMECO CORP 0.38 -27.52 0.00 -5.99 BBB- N-A N-A 108.49 SNC-T SNC-LAVALIN GROUP INC 0.33 -40.71 0.00 -27.62 BB+ N-A 14.02 33.76 DOL-T DOLLARAMA INC 0.29 8.57 9.25 34.01 BBB N-A 9.16 30.79 HBM-T HUDBAY MINERALS INC 0.28 0.00 0.00 -19.34 B B1 N-A 8.09 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.19 N-A 13.37 -32.02 B+ B1 N-A N-A
Source: Bloomberg
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