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 CT Equity | CORUS ENTERTAINMENT INC-B SH | 10.00 | -26.77 | 0.00 | -52.44 | BB | N/A | N/A | 4.77 |
| AQN CT Equity | ALGONQUIN POWER & UTILITIES | 9.44 | 8.82 | 10.75 | -38.96 | BBB | N/A | 165.34 | 10.11 |
| SPB CT Equity | SUPERIOR PLUS CORP | 7.10 | 0.00 | 0.00 | -23.57 | BB- | N/A | N/A | 98.71 |
| AP-U CT Equity | ALLIED PROPERTIES REAL ESTAT | 6.50 | 2.66 | 2.92 | -36.06 | N/A | Baa2 | 48.86 | 28.91 |
| KEY CT Equity | KEYERA CORP | 6.42 | 3.17 | 0.00 | 8.06 | BBB- | N/A | 130.89 | 12.73 |
| ENB CT Equity | ENBRIDGE INC | 6.20 | 7.35 | 2.99 | 16.66 | BBB+ | Baa1 | 116.18 | 18.84 |
| GWO CT Equity | GREAT-WEST LIFECO INC | 6.09 | 6.26 | 11.87 | -10.69 | A+ | N/A | 53.58 | 1.46 |
| GEI CT Equity | GIBSON ENERGY INC | 6.00 | 2.04 | 5.04 | 9.40 | BBB- | Ba2 | 141.43 | 19.08 |
| POW CT Equity | POWER CORP OF CANADA | 5.88 | 7.38 | 10.61 | -16.12 | A+ | N/A | 42.63 | 14.10 |
| BNS CT Equity | BANK OF NOVA SCOTIA | 5.80 | 5.89 | 12.78 | -10.84 | A+ | N/A | 46.54 | 8.37 |
| IGM CT Equity | IGM FINANCIAL INC | 5.78 | 0.00 | 0.00 | -17.01 | A | N/A | 54.89 | 10.25 |
| BCE CT Equity | BCE INC | 5.76 | 5.10 | 5.13 | 3.42 | BBB+ | Baa2 | 117.09 | 18.76 |
| CAS CT Equity | CASCADES INC | 5.72 | 24.57 | 20.00 | -38.70 | BB- | Ba2 | N/A | 76.63 |
| CRT-U CT Equity | CT REAL ESTATE INVESTMENT TR | 5.53 | 4.04 | 4.03 | -6.75 | BBB | N/A | 91.62 | 28.73 |
| TCL/A CT Equity | TRANSCONTINENTAL INC-CL A | 5.52 | 2.77 | 0.00 | -10.93 | BBB- | N/A | 59.95 | 11.79 |
| TRP CT Equity | TC ENERGY CORP | 5.52 | 7.91 | 4.39 | 11.80 | BBB+ | Baa2 | 187.82 | 14.94 |
| MFC CT Equity | MANULIFE FINANCIAL CORP | 5.51 | 10.81 | 22.32 | 3.04 | A | N/A | 32.98 | 2.71 |
| PPL CT Equity | PEMBINA PIPELINE CORP | 5.50 | 4.71 | 0.89 | 27.29 | BBB | N/A | 126.23 | 13.15 |
| LB CT Equity | LAURENTIAN BANK OF CANADA | 5.37 | -6.27 | 11.25 | -10.34 | BBB | N/A | 154.91 | 6.92 |
| EMA CT Equity | EMERA INC | 5.35 | 4.66 | 3.98 | -8.81 | BBB | Baa3 | 128.82 | 12.82 |
| CPX CT Equity | CAPITAL POWER CORP | 5.17 | 6.96 | 6.59 | 18.21 | BBB- | N/A | 505.52 | 14.04 |
| CM CT Equity | CAN IMPERIAL BK OF COMMERCE | 5.13 | 5.18 | 11.99 | -9.17 | A+ | N/A | 41.81 | 8.89 |
| CHP-U CT Equity | CHOICE PROPERTIES REIT | 5.13 | 0.41 | 0.00 | 1.23 | BBB | N/A | 2325.65 | 7.61 |
| RUS CT Equity | RUSSEL METALS INC | 5.12 | 0.00 | 0.00 | -10.98 | BB+ | Ba1 | 22.07 | 4.51 |
| CIX CT Equity | CI FINANCIAL CORP | 5.01 | -12.39 | 0.00 | -50.41 | BBB- | Baa2 | 35.78 | 6.07 |
| CU CT Equity | CANADIAN UTILITIES LTD-A | 4.86 | 4.44 | 1.00 | 8.19 | BBB+ | N/A | 144.73 | 12.99 |
| T CT Equity | TELUS CORP | 4.85 | 6.49 | 6.15 | 2.07 | BBB | Baa1 | 103.37 | 21.37 |
| REI-U CT Equity | RIOCAN REAL ESTATE INVST TR | 4.77 | -6.55 | -3.37 | -2.23 | BBB | N/A | 50.83 | 15.89 |
| ALA CT Equity | ALTAGAS LTD | 4.70 | -12.84 | 6.04 | -8.19 | BBB- | N/A | 122.17 | 44.65 |
| SLF CT Equity | SUN LIFE FINANCIAL INC | 4.65 | 10.05 | 19.48 | -7.14 | A+ | N/A | 34.41 | 10.99 |
| CTC/A CT Equity | CANADIAN TIRE CORP-CLASS A | 4.59 | 17.61 | 24.47 | -10.60 | BBB | N/A | 26.67 | 8.68 |
| BEP-U CT Equity | BROOKFIELD RENEWABLE PARTNER | 4.37 | 0.06 | 7.54 | -12.03 | BBB+ | N/A | N/A | N/A |
| SU CT Equity | SUNCOR ENERGY INC | 4.35 | 7.33 | 111.90 | 46.97 | BBB | Baa1 | 37.96 | 6.90 |
| ACO/X CT Equity | ATCO LTD -CLASS I | 4.31 | 7.66 | 2.99 | 6.63 | BBB+ | N/A | 83.22 | 11.75 |
| CNQ CT Equity | CANADIAN NATURAL RESOURCES | 4.23 | 32.18 | 136.38 | 54.18 | BBB- | Baa1 | 30.79 | 7.85 |
| FTS CT Equity | FORTIS INC | 4.23 | 5.95 | 5.85 | -1.07 | A- | Baa3 | 79.85 | 19.92 |
| BMO CT Equity | BANK OF MONTREAL | 4.20 | 8.85 | 28.30 | -2.12 | A+ | N/A | 36.56 | 9.80 |
| CCA CT Equity | COGECO COMMUNICATIONS INC | 4.19 | 10.37 | 10.13 | -24.21 | BB+ | N/A | 30.80 | 7.71 |
| TD CT Equity | TORONTO-DOMINION BANK | 3.91 | 8.66 | 12.66 | -1.56 | AA- | N/A | 40.86 | 11.18 |
| GRT-U CT Equity | GRANITE REAL ESTATE INVESTME | 3.89 | 3.60 | 3.32 | -18.69 | N/A | (P)Baa2 | 14.71 | 19.78 |
| BIP-U CT Equity | BROOKFIELD INFRASTRUCTURE PA | 3.80 | 4.21 | 7.97 | 8.55 | BBB+ | N/A | 108.86 | 220.55 |
| RY CT Equity | ROYAL BANK OF CANADA | 3.80 | 7.34 | 14.81 | 5.48 | AA- | N/A | 39.02 | 12.26 |
| NA CT Equity | NATIONAL BANK OF CANADA | 3.72 | 9.44 | 26.06 | -1.01 | A | N/A | 31.36 | 10.12 |
| IAG CT Equity | IA FINANCIAL CORP INC | 3.65 | 12.70 | 25.00 | 5.95 | A | N/A | 26.99 | 3.06 |
| ABX CT Equity | BARRICK GOLD CORP | 3.64 | 45.52 | 17.43 | -6.66 | BBB+ | Baa1 | 32.55 | 18.24 |
| RCI/B CT Equity | ROGERS COMMUNICATIONS INC-B | 3.33 | 0.82 | 0.00 | 4.10 | BBB+ *- | Baa1 *- | 64.83 | 16.38 |
| OTEX CT Equity | OPEN TEXT CORP | 3.26 | 12.23 | 12.40 | -35.72 | BB+ | Ba2 | 60.36 | 37.79 |
| QSR CT Equity | RESTAURANT BRANDS INTERN | 3.24 | 23.46 | 4.53 | 23.04 | BB | N/A | 78.42 | 24.60 |
| SJR/B CT Equity | SHAW COMMUNICATIONS INC-B | 3.23 | 0.00 | 0.00 | 3.02 | BBB- | Baa2 *- | 61.07 | 21.62 |
| AEM CT Equity | AGNICO EAGLE MINES LTD | 3.16 | 30.44 | 12.57 | 6.50 | NR | Baa2 | 62.61 | 30.50 |
| H CT Equity | HYDRO ONE LTD | 3.08 | 4.89 | 5.00 | 21.08 | A- | N/A | 65.18 | 21.09 |
| GSY CT Equity | GOEASY LTD | 2.97 | 38.51 | 39.51 | -32.95 | BB- | Ba3 | 24.90 | 12.72 |
| MG CT Equity | MAGNA INTERNATIONAL INC | 2.94 | 10.21 | 8.49 | -19.98 | A- | A3 | 33.95 | 12.92 |
| FTT CT Equity | FINNING INTERNATIONAL INC | 2.91 | 4.60 | 8.49 | -3.63 | BBB+ | N/A | 38.94 | 10.97 |
| K CT Equity | KINROSS GOLD CORP | 2.80 | N/A | 1.87 | -25.16 | BBB- | Baa3 | 0.00 | 24.68 |
| NTR CT Equity | NUTRIEN LTD | 2.35 | N/A | 6.49 | 25.42 | BBB | Baa2 | 33.24 | 6.18 |
| IMO CT Equity | IMPERIAL OIL LTD | 2.30 | 15.78 | 31.63 | 75.54 | AA- | N/A | 29.41 | 8.14 |
| YRI CT Equity | YAMANA GOLD INC | 2.24 | 42.74 | 13.13 | 42.70 | BBB- | Baa3 | 71.05 | 19.81 |
| EFN CT Equity | ELEMENT FLEET MANAGEMENT COR | 2.11 | 4.40 | 19.23 | 49.58 | BBB | N/A | 35.21 | 20.84 |
| SAP CT Equity | SAPUTO INC | 2.09 | 3.37 | 2.13 | 17.44 | N/A | Baa1 | 109.01 | 27.75 |
| IFC CT Equity | INTACT FINANCIAL CORP | 2.05 | 9.36 | 17.77 | 21.20 | N/A | Baa1 | 27.42 | 14.29 |
| RBA CT Equity | RITCHIE BROS AUCTIONEERS | 2.00 | 8.46 | 14.45 | -17.17 | BB+ | Ba2 *- | 70.46 | 32.23 |
| TA CT Equity | TRANSALTA CORP | 1.75 | 4.56 | 12.68 | -3.08 | BB+ | Ba1 | N/A | 38.73 |
| MX CT Equity | METHANEX CORP | 1.74 | -13.16 | 147.32 | -2.92 | BB | Ba1 | 5.11 | 6.28 |
| CNR CT Equity | CANADIAN NATL RAILWAY CO | 1.73 | 11.77 | 16.22 | 4.07 | A | A2 | 35.63 | 23.91 |
| FFH CT Equity | FAIRFAX FINANCIAL HLDGS LTD | 1.64 | -0.88 | -1.30 | 32.97 | BBB | Baa3 | 7.73 | 20.58 |
| CVE CT Equity | CENOVUS ENERGY INC | 1.56 | 14.52 | 650.48 | 65.95 | BBB- | Baa2 | 29.98 | 10.13 |
| TRI CT Equity | THOMSON REUTERS CORP | 1.53 | 3.02 | 13.87 | 2.22 | BBB | Baa2 | 14.06 | 76.83 |
| CCL/B CT Equity | CCL INDUSTRIES INC - CL B | 1.50 | 15.88 | 14.81 | 0.54 | BBB | Baa2 | 25.20 | 18.71 |
| WFG CT Equity | WEST FRASER TIMBER CO LTD | 1.46 | 33.59 | 51.28 | 2.02 | BBB- | Baa3 | 2.88 | 3.50 |
| MRU CT Equity | METRO INC/CN | 1.42 | 11.10 | 10.00 | 25.43 | BBB | N/A | 31.19 | 21.17 |
| L CT Equity | LOBLAW COMPANIES LTD | 1.38 | 7.76 | 12.41 | 21.91 | BBB | N/A | 25.34 | 18.67 |
| BAM/A CT Equity | BROOKFIELD ASSET MANAGE-CL A | 1.21 | 7.96 | 10.21 | -17.13 | A- | Baa1 | 22.69 | 71.50 |
| TECK/B CT Equity | TECK RESOURCES LTD-CLS B | 1.10 | 35.84 | 362.50 | 36.87 | BBB- | Baa3 | 3.71 | 4.67 |
| FM CT Equity | FIRST QUANTUM MINERALS LTD | 1.03 | 75.18 | N/A | 9.57 | B+ | N/A | 0.83 | 12.39 |
| ATD/B CT Equity | ALIMENTATION COUCHE-TARD -B | 0.89 | -9.38 | -68.57 | N/A | BBB | Baa2 | 16.52 | N/A |
| WCN CT Equity | WASTE CONNECTIONS INC | 0.71 | 13.30 | 16.23 | 10.01 | BBB+ | Baa2 | 35.63 | 42.75 |
| CP CT Equity | CANADIAN PACIFIC RAILWAY LTD | 0.71 | 12.33 | 0.00 | 14.34 | BBB+ | N/A | 18.11 | 29.87 |
| CCO CT Equity | CAMECO CORP | 0.37 | -27.52 | 0.00 | 1.22 | BBB- | N/A | N/A | 111.83 |
| SNC CT Equity | SNC-LAVALIN GROUP INC | 0.32 | -40.71 | 0.00 | -24.92 | BB+ | N/A | 14.02 | 34.87 |
| DOL CT Equity | DOLLARAMA INC | 0.28 | 8.57 | 9.25 | 40.32 | BBB | N/A | 9.16 | 32.23 |
| HBM CT Equity | HUDBAY MINERALS INC | 0.27 | 0.00 | 0.00 | -17.93 | B | B1 | N/A | 8.51 |
| GFL CT Equity | GFL ENVIRONMENTAL INC-SUB VT | 0.17 | N/A | 13.37 | -23.62 | B+ | B1 | N/A | N/A |
SOURCE: BLOOMBERG