The table below ranks all S&P/TSX Composite Index 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’s 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 -50.88 BB N-A N-A 7.14 ENB-T ENBRIDGE INC 6.53 7.35 2.99 9.91 BBB+ Baa1 116.18 18.40 SPB-T SUPERIOR PLUS CORP 6.35 0.00 0.00 -6.84 BB- N-A N-A 105.09 KEY-T KEYERA CORP 6.30 2.98 0.00 15.29 BBB- N-A 130.89 13.05 TRP-T TC ENERGY CORP 6.23 7.57 3.45 -5.78 BBB+ Baa2 187.82 13.18 GEI-T GIBSON ENERGY INC 6.07 2.31 5.71 6.25 BBB- Ba2 141.43 18.51 AQN-T ALGONQUIN POWER & UTILITIES 6.00 9.35 11.30 -40.89 BBB N-A 165.34 9.65 AP-UN-T ALLIED PROPERTIES REAL ESTAT 5.99 2.69 2.89 -28.27 N-A Baa2 48.86 32.24 BCE-T BCE INC 5.88 5.10 5.14 0.81 BBB+ Baa2 117.09 18.35 TCL-A-T TRANSCONTINENTAL INC-CL A 5.83 2.38 0.00 -19.99 BBB- N-A 55.33 10.17 CM-T CAN IMPERIAL BK OF COMMERCE 5.76 5.22 10.68 -22.27 A+ N-A 48.83 8.65 BNS-T BANK OF NOVA SCOTIA 5.76 5.70 10.54 -16.95 A+ N-A 50.41 8.42 GWO-T GREAT-WEST LIFECO INC 5.62 5.95 8.65 -4.53 A+ N-A 53.58 1.59 POW-T POWER CORP OF CANADA 5.52 7.02 7.76 -5.41 A+ N-A 42.63 15.05 PPL-T PEMBINA PIPELINE CORP 5.51 4.36 1.19 27.17 BBB N-A 126.23 13.24 IGM-T IGM FINANCIAL INC 5.36 0.00 0.00 -0.55 A N-A 54.89 10.96 CAS-T CASCADES INC 5.32 24.57 20.00 -28.51 BB- Ba2 N-A 83.21 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.29 4.04 3.85 4.30 BBB N-A 91.62 30.07 LB-T LAURENTIAN BANK OF CANADA 5.19 -6.21 9.76 -13.69 BBB N-A 35.90 6.91 EMA-T EMERA INC 5.08 4.66 3.98 -6.56 BBB Baa3 128.82 13.41 CPX-T CAPITAL POWER CORP 4.97 6.90 6.37 24.32 BBB- N-A 505.52 14.12 MFC-T MANULIFE FINANCIAL CORP 4.95 9.99 12.82 7.71 A N-A 32.98 3.00 RUS-T RUSSEL METALS INC 4.92 0.00 0.00 4.28 BB+ Ba1 22.07 4.71 T-T TELUS CORP 4.92 6.60 6.66 1.08 BBB Baa1 103.37 21.06 CHP-UN-T CHOICE PROPERTIES REIT 4.82 0.27 0.00 12.06 BBB N-A 2325.65 8.14 CU-T CANADIAN UTILITIES LTD-A 4.72 4.44 1.00 7.82 BBB+ N-A 144.73 13.27 CCA-T COGECO COMMUNICATIONS INC 4.53 10.35 10.11 -26.80 BB+ N-A 30.80 7.16 SU-T SUNCOR ENERGY INC 4.51 7.99 79.05 32.66 BBB Baa1 37.96 6.65 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.49 0.60 9.78 -0.98 BBB+ N-A N-A N-A REI-UN-T RIOCAN REAL ESTATE INVST TR 4.48 -6.36 5.73 12.00 BBB N-A 50.83 17.24 ALA-T ALTAGAS LTD 4.48 -12.97 6.04 -0.66 BBB- N-A 122.17 49.27 CIX-T CI FINANCIAL CORP 4.46 -12.45 0.00 -27.19 BBB- Baa2 35.78 6.78 ACO-X-T ATCO LTD -CLASS I 4.46 7.11 2.99 3.85 BBB+ N-A 83.22 11.60 SLF-T SUN LIFE FINANCIAL INC 4.32 9.60 19.48 -1.30 A+ N-A 34.41 11.78 CNQ-T CANADIAN NATURAL RESOURCES 4.29 33.13 130.29 32.27 BBB- Baa1 30.79 7.92 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.27 17.61 24.47 -5.78 BBB N-A 26.67 9.27 BMO-T BANK OF MONTREAL 4.24 9.25 30.66 -1.72 A+ N-A 27.31 10.22 TD-T TORONTO-DOMINION BANK 4.23 8.63 11.35 -6.02 AA- N-A 37.52 10.33 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.12 4.49 10.30 -0.33 BBB+ N-A 108.86 209.51 FTS-T FORTIS INC 4.11 5.95 5.85 -3.41 A- Baa3 79.85 20.49 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.01 3.52 3.31 -11.57 N-A (P)Baa2 14.71 20.02 NA-T NATIONAL BANK OF CANADA 3.93 9.67 22.67 4.26 A N-A 36.83 10.30 RY-T ROYAL BANK OF CANADA 3.90 7.37 14.41 -0.75 AA- N-A 44.68 12.33 QSR-T RESTAURANT BRANDS INTERN 3.38 22.84 5.60 35.57 BB N-A 78.42 24.93 IAG-T IA FINANCIAL CORP INC 3.27 12.70 25.00 6.73 A N-A 26.99 3.41 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.14 0.82 0.00 5.76 BBB+ *- Baa1 *- 64.83 17.84 ABX-T BARRICK GOLD CORP 3.11 40.38 -13.14 14.11 BBB+ A3 32.55 21.84 H-T HYDRO ONE LTD 3.04 4.90 5.00 18.54 A- N-A 65.18 21.41 SJR-B-T SHAW COMMUNICATIONS INC-B 2.98 0.00 0.00 9.45 BBB- Baa2 *- 83.85 26.76 MG-T MAGNA INTERNATIONAL INC 2.93 10.21 8.49 -15.27 A- A3 33.95 13.13 GSY-T GOEASY LTD 2.91 38.28 37.88 -9.25 BB- Ba3 24.90 12.85 OTEX-T OPEN TEXT CORP 2.88 12.50 13.83 -19.56 BB+ Ba2 60.36 43.15 AEM-T AGNICO EAGLE MINES LTD 2.87 31.25 18.31 32.08 NR Baa2 62.61 34.49 FTT-T FINNING INTERNATIONAL INC 2.53 4.60 8.49 13.49 BBB+ N-A 38.94 12.61 K-T KINROSS GOLD CORP 2.52 N-A 3.72 -1.84 BBB- Baa3 0.00 28.04 IMO-T IMPERIAL OIL LTD 2.44 18.30 41.75 39.97 AA- N-A 29.41 7.66 NTR-T NUTRIEN LTD 2.38 N-A 8.55 26.14 BBB Baa2 33.24 6.20 EFN-T ELEMENT FLEET MANAGEMENT COR 2.12 2.08 22.02 52.51 BBB N-A 35.21 20.75 SAP-T SAPUTO INC 2.03 3.04 1.41 31.39 N-A Baa1 109.01 28.67 CNR-T CANADIAN NATL RAILWAY CO 2.01 12.17 19.11 6.13 A A2 39.30 21.14 IFC-T INTACT FINANCIAL CORP 2.01 9.34 17.65 19.23 N-A Baa1 27.42 14.47 YRI-T YAMANA GOLD INC 2.00 43.70 10.90 63.44 BBB- Baa3 71.05 22.82 RBA-T RITCHIE BROS AUCTIONEERS 1.80 8.74 14.45 7.83 BB+ Ba2 *- 70.46 34.85 TA-T TRANSALTA CORP 1.72 5.08 10.81 -3.64 BB+ Ba1 N-A 39.13 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.69 1.67 7.92 48.18 BBB Baa3 7.73 23.74 MRU-T METRO INC/CN 1.65 11.10 10.00 10.96 BBB N-A 31.19 19.46 CVE-T CENOVUS ENERGY INC 1.56 18.33 430.29 48.13 BBB- Baa2 29.98 10.09 MX-T METHANEX CORP 1.55 -11.63 99.23 2.82 BB Ba1 5.11 7.07 TRI-T THOMSON REUTERS CORP 1.51 3.02 13.87 21.89 BBB Baa2 14.06 78.22 CCL-B-T CCL INDUSTRIES INC - CL B 1.51 15.85 14.29 -2.73 BBB Baa2 25.20 18.24 WFG-T WEST FRASER TIMBER CO LTD 1.46 33.24 58.13 1.38 BBB- Baa3 2.88 3.70 L-T LOBLAW COMPANIES LTD 1.39 8.11 12.86 24.31 BBB N-A 25.34 19.10 FM-T FIRST QUANTUM MINERALS LTD 1.03 75.18 N-A 0.96 B+ *- N-A 0.83 12.41 TECK-B-T TECK RESOURCES LTD-CLS B 0.91 10.76 400.00 39.21 BBB- Baa3 3.71 5.68 WCN-T WASTE CONNECTIONS INC 0.78 13.30 16.23 13.30 BBB+ Baa2 35.63 39.17 CP-T CANADIAN PACIFIC RAILWAY LTD 0.74 11.68 0.00 10.07 BBB+ N-A 18.11 28.49 CCO-T CAMECO CORP 0.33 -21.40 50.00 53.69 BBB- N-A N-A 123.81 SNC-T SNC-LAVALIN GROUP INC 0.29 -40.71 0.00 6.97 BB+ N-A 14.02 39.32 DOL-T DOLLARAMA INC 0.27 8.57 9.94 31.28 BBB N-A 9.16 31.92 HBM-T HUDBAY MINERALS INC 0.26 0.00 0.00 -16.63 B B1 N-A 8.71 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.16 N-A 15.50 3.82 B+ B1 N-A N-A
Source: Bloomberg
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