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 9.84 -26.77 0.00 -46.13 BB N-A N-A 4.85 AQN-T ALGONQUIN POWER & UTILITIES 9.51 8.82 10.75 -38.05 BBB N-A 165.34 10.03 SPB-T SUPERIOR PLUS CORP 7.23 0.00 0.00 -20.88 BB- N-A N-A 96.96 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.64 2.67 2.91 -34.31 N-A Baa2 48.86 28.32 ENB-T ENBRIDGE INC 6.45 7.35 2.99 22.37 BBB+ Baa1 116.18 18.67 GWO-T GREAT-WEST LIFECO INC 6.22 5.95 8.65 -9.97 A+ N-A 53.58 1.43 GEI-T GIBSON ENERGY INC 6.14 2.04 5.04 14.05 BBB- Ba2 141.43 18.67 TRP-T TC ENERGY CORP 6.12 7.91 4.39 5.50 BBB+ Baa2 187.82 13.46 KEY-T KEYERA CORP 6.12 3.17 0.00 20.45 BBB- N-A 130.89 13.35 BNS-T BANK OF NOVA SCOTIA 5.87 5.89 12.78 -12.73 A+ N-A 50.41 8.30 POW-T POWER CORP OF CANADA 5.83 7.38 10.61 -13.96 A+ N-A 42.63 14.21 BCE-T BCE INC 5.76 5.10 5.13 3.07 BBB+ Baa2 117.09 18.77 CAS-T CASCADES INC 5.70 24.57 20.00 -34.12 BB- Ba2 N-A 76.91 CM-T CAN IMPERIAL BK OF COMMERCE 5.68 5.18 11.99 -8.59 A+ N-A 48.83 8.96 IGM-T IGM FINANCIAL INC 5.63 0.00 0.00 -9.11 A N-A 54.89 10.51 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.56 4.05 3.94 -2.21 BBB N-A 91.62 28.56 LB-T LAURENTIAN BANK OF CANADA 5.42 -6.27 11.25 -7.79 BBB N-A 154.91 6.85 MFC-T MANULIFE FINANCIAL CORP 5.42 9.99 12.82 9.98 A N-A 32.98 2.75 PPL-T PEMBINA PIPELINE CORP 5.31 4.71 0.89 36.40 BBB N-A 126.23 13.62 TCL-A-T TRANSCONTINENTAL INC-CL A 5.29 2.77 0.00 -4.08 BBB- N-A 59.95 12.28 EMA-T EMERA INC 5.24 4.66 3.98 -6.31 BBB Baa3 128.82 13.10 RUS-T RUSSEL METALS INC 5.23 0.00 0.00 -7.96 BB+ Ba1 22.07 4.41 CHP-UN-T CHOICE PROPERTIES REIT 5.03 0.34 0.00 7.79 BBB N-A 2325.65 7.76 CIX-T CI FINANCIAL CORP 4.95 -12.42 0.00 -45.65 BBB- Baa2 35.78 6.15 CPX-T CAPITAL POWER CORP 4.92 6.96 6.59 28.79 BBB- N-A 505.52 14.75 T-T TELUS CORP 4.91 6.49 6.15 1.48 BBB Baa1 103.37 21.10 CU-T CANADIAN UTILITIES LTD-A 4.85 4.44 1.00 11.97 BBB+ N-A 144.73 13.01 SU-T SUNCOR ENERGY INC 4.82 7.99 79.05 45.74 BBB Baa1 37.96 6.23 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.81 -6.46 1.00 4.22 BBB N-A 50.83 15.74 ALA-T ALTAGAS LTD 4.62 -12.84 6.04 -2.79 BBB- N-A 122.17 45.48 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.52 0.60 9.78 -10.90 BBB+ N-A N-A N-A SLF-T SUN LIFE FINANCIAL INC 4.52 9.60 19.48 -3.07 A+ N-A 34.41 11.30 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.48 17.61 24.47 -8.00 BBB N-A 26.67 8.89 ACO-X-T ATCO LTD -CLASS I 4.33 7.82 2.99 9.10 BBB+ N-A 83.22 11.68 BMO-T BANK OF MONTREAL 4.30 8.85 28.30 2.76 A+ N-A 27.31 10.05 CNQ-T CANADIAN NATURAL RESOURCES 4.23 32.18 136.38 65.32 BBB- Baa1 30.79 7.85 TD-T TORONTO-DOMINION BANK 4.18 8.66 12.66 -1.01 AA- N-A 37.52 10.45 FTS-T FORTIS INC 4.17 5.95 5.85 0.27 A- Baa3 79.85 20.17 NA-T NATIONAL BANK OF CANADA 4.05 9.44 26.06 3.26 A N-A 36.83 9.95 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.05 4.49 10.30 4.68 BBB+ N-A 108.86 209.60 CCA-T COGECO COMMUNICATIONS INC 3.99 10.37 10.13 -18.65 BB+ N-A 30.80 8.11 RY-T ROYAL BANK OF CANADA 3.92 7.34 14.81 9.18 AA- N-A 44.68 12.19 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.87 3.55 3.32 -17.96 N-A (P)Baa2 14.71 19.89 ABX-T BARRICK GOLD CORP 3.55 40.38 -13.14 2.58 BBB+ Baa1 32.55 18.95 IAG-T IA FINANCIAL CORP INC 3.51 12.70 25.00 14.08 A N-A 26.99 3.18 OTEX-T OPEN TEXT CORP 3.31 12.50 13.83 -32.93 BB+ Ba2 60.36 37.12 QSR-T RESTAURANT BRANDS INTERN 3.26 23.46 4.53 28.97 BB N-A 78.42 24.44 SJR-B-T SHAW COMMUNICATIONS INC-B 3.20 0.00 0.00 2.17 BBB- Baa2 *- 83.85 24.38 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.18 0.82 0.00 11.18 BBB+ *- Baa1 *- 64.83 17.17 AEM-T AGNICO EAGLE MINES LTD 3.09 31.25 18.31 18.12 NR Baa2 62.61 31.39 H-T HYDRO ONE LTD 2.98 4.89 5.00 22.85 A- N-A 65.18 21.80 GSY-T GOEASY LTD 2.98 38.51 39.51 -29.30 BB- Ba3 24.90 12.69 MG-T MAGNA INTERNATIONAL INC 2.90 10.21 8.49 -15.42 A- A3 33.95 12.99 FTT-T FINNING INTERNATIONAL INC 2.78 4.60 8.49 8.36 BBB+ N-A 38.94 11.48 K-T KINROSS GOLD CORP 2.75 N-A 3.72 -18.40 BBB- Baa3 0.00 25.31 NTR-T NUTRIEN LTD 2.44 N-A 6.49 25.05 BBB Baa2 33.24 5.94 IMO-T IMPERIAL OIL LTD 2.33 18.30 41.75 76.51 AA- N-A 29.41 8.05 SAP-T SAPUTO INC 2.17 3.37 2.13 21.34 N-A Baa1 109.01 26.79 YRI-T YAMANA GOLD INC 2.11 42.74 13.13 57.07 BBB- Baa3 71.05 20.96 EFN-T ELEMENT FLEET MANAGEMENT COR 2.05 4.40 19.23 57.19 BBB N-A 35.21 21.47 RBA-T RITCHIE BROS AUCTIONEERS 1.98 8.74 14.45 -16.07 BB+ Ba2 *- 70.46 32.10 IFC-T INTACT FINANCIAL CORP 1.98 9.36 17.77 27.02 N-A Baa1 27.42 14.82 MX-T METHANEX CORP 1.81 -13.16 147.32 2.29 BB Ba1 5.11 6.02 TA-T TRANSALTA CORP 1.73 5.08 10.81 -2.02 BB+ Ba1 N-A 39.23 CNR-T CANADIAN NATL RAILWAY CO 1.70 11.77 16.22 6.42 A A2 35.63 24.41 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.61 -0.88 -1.30 38.31 BBB Baa3 7.73 20.80 CVE-T CENOVUS ENERGY INC 1.59 14.52 650.48 73.12 BBB- Baa2 29.98 9.91 CCL-B-T CCL INDUSTRIES INC - CL B 1.53 15.88 14.81 -0.71 BBB Baa2 25.20 18.27 WFG-T WEST FRASER TIMBER CO LTD 1.51 33.59 51.28 -1.40 BBB- Baa3 2.88 3.35 TRI-T THOMSON REUTERS CORP 1.50 3.02 13.87 3.64 BBB Baa2 14.06 77.18 MRU-T METRO INC/CN 1.42 11.10 10.00 26.16 BBB N-A 31.19 21.27 L-T LOBLAW COMPANIES LTD 1.33 7.76 12.41 26.02 BBB N-A 25.34 19.37 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.21 8.52 12.22 -13.29 A- Baa1 22.69 72.06 FM-T FIRST QUANTUM MINERALS LTD 0.99 75.18 N-A 16.94 B+ N-A 0.83 12.69 TECK-B-T TECK RESOURCES LTD-CLS B 0.99 35.84 362.50 52.06 BBB- Baa3 3.71 5.19 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 -9.38 -70.47 N-A BBB Baa2 16.52 N-A WCN-T WASTE CONNECTIONS INC 0.70 13.30 16.23 12.22 BBB+ Baa2 35.63 42.99 CP-T CANADIAN PACIFIC RAILWAY LTD 0.69 12.33 0.00 25.05 BBB+ N-A 18.11 30.81 CCO-T CAMECO CORP 0.38 -21.40 50.00 8.21 BBB- N-A N-A 109.93 SNC-T SNC-LAVALIN GROUP INC 0.33 -40.71 0.00 -20.28 BB+ N-A 14.02 34.45 DOL-T DOLLARAMA INC 0.27 8.57 9.25 48.36 BBB N-A 9.16 33.25 HBM-T HUDBAY MINERALS INC 0.26 0.00 0.00 -9.45 B B1 N-A 8.80 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.17 N-A 13.37 -18.35 B+ B1 N-A N-A
Source: Bloomberg
Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today .