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 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 ENB-T ENBRIDGE INC 6.75 6.75 3.05 -0.60 BBB+ Baa1 269.06 14.65 TRP-T TC ENERGY CORP 6.71 7.57 3.45 -16.27 BBB+ Baa2 560.84 8.48 GEI-T GIBSON ENERGY INC 6.68 2.31 5.71 -0.12 BBB- Ba2 141.43 16.18 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.52 2.72 2.89 -35.56 N-A Baa2 *- 142.41 35.86 BCE-T BCE INC 6.47 5.10 5.14 -8.60 BBB+ Baa2 123.50 17.89 SPB-T SUPERIOR PLUS CORP 6.45 0.00 0.00 5.75 BB- N-A N-A 56.77 KEY-T KEYERA CORP 6.28 2.89 0.00 10.89 BBB- N-A 129.66 15.37 BNS-T BANK OF NOVA SCOTIA 5.99 5.70 10.54 -22.49 A+ N-A 50.41 8.98 TCL-A-T TRANSCONTINENTAL INC-CL A 5.71 2.38 0.00 -19.48 BBB- N-A 55.33 10.38 AQN-T ALGONQUIN POWER & UTILITIES 5.68 9.35 11.30 -39.98 BBB N-A 165.34 10.11 PPL-T PEMBINA PIPELINE CORP 5.66 2.38 -7.14 5.85 BBB N-A 49.58 13.30 GWO-T GREAT-WEST LIFECO INC 5.66 5.96 7.22 4.81 A+ N-A 56.73 1.64 CPX-T CAPITAL POWER CORP 5.53 6.90 6.37 14.15 BBB- N-A 265.66 11.30 CM-T CAN IMPERIAL BK OF COMMERCE 5.48 5.22 10.68 -18.25 A+ N-A 48.83 10.17 LB-T LAURENTIAN BANK OF CANADA 5.38 -6.21 9.76 -15.71 BBB N-A 35.90 6.79 MFC-T MANULIFE FINANCIAL CORP 5.38 10.17 11.07 12.74 A N-A 35.73 2.61 POW-T POWER CORP OF CANADA 5.37 7.02 7.76 0.69 A+ N-A 42.63 15.44 IGM-T IGM FINANCIAL INC 5.33 0.00 0.00 -0.28 A N-A 61.87 11.62 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.26 4.01 3.67 0.20 BBB N-A 135.11 36.36 EMA-T EMERA INC 5.23 4.46 4.04 -8.29 BBB Baa3 75.03 12.37 T-T TELUS CORP 5.19 6.60 6.66 -13.78 BBB Baa2 117.19 20.16 CU-T CANADIAN UTILITIES LTD-A 5.13 3.97 1.00 2.58 BBB+ N-A 85.85 12.38 CHP-UN-T CHOICE PROPERTIES REIT 5.03 0.14 0.00 3.32 BBB N-A 71.93 8.54 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 5.03 1.10 11.09 -17.94 BBB+ N-A N-A N-A REI-UN-T RIOCAN REAL ESTATE INVST TR 4.95 -6.25 6.22 -8.27 BBB N-A 131.00 17.07 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 4.94 -5.50 50.00 0.05 BBB- Baa3 N-A 110.01 POU-T PARAMOUNT RESOURCES LTD -A 4.82 N-A 370.83 18.24 B+ Ba3 11.28 11.75 CIX-T CI FINANCIAL CORP 4.78 -12.52 0.00 -26.15 BBB- Baa2 35.78 7.52 ALA-T ALTAGAS LTD 4.76 -13.03 15.68 -14.65 BBB- N-A 74.69 15.14 ACO-X-T ATCO LTD -CLASS I 4.70 7.27 2.99 1.84 BBB+ N-A 83.22 11.46 SES-T SECURE ENERGY SERVICES INC 4.65 -13.72 308.33 53.12 B B1 N-A 12.99 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.58 4.88 11.69 -5.08 BBB+ N-A 693.95 391.00 CCA-T COGECO COMMUNICATIONS INC 4.58 10.35 10.11 -30.11 BB+ N-A 30.80 7.11 PKI-T PARKLAND CORP 4.57 2.40 5.28 -1.71 BB N-A 195.88 5.57 CNQ-T CANADIAN NATURAL RESOURCES 4.49 33.13 130.29 17.73 BBB- Baa1 30.79 8.48 BMO-T BANK OF MONTREAL 4.45 8.94 22.84 -9.17 A+ N-A 27.31 10.71 SU-T SUNCOR ENERGY INC 4.40 8.45 57.14 25.97 BBB Baa1 37.96 5.78 SLF-T SUN LIFE FINANCIAL INC 4.35 9.64 16.53 4.46 A+ N-A 52.85 11.51 TD-T TORONTO-DOMINION BANK 4.34 8.63 11.35 -6.19 AA- N-A 37.52 10.24 RUS-T RUSSEL METALS INC 4.26 0.00 0.00 17.18 BB+ Ba1 25.71 6.09 FTS-T FORTIS INC 4.21 5.92 5.77 -5.93 A- Baa3 79.32 19.03 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.08 17.10 30.05 -3.29 BBB N-A 35.45 9.38 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.90 3.48 3.30 -8.89 N-A (P)Baa2 14.71 20.40 RY-T ROYAL BANK OF CANADA 3.88 7.37 14.41 1.91 AA- N-A 44.68 13.03 NA-T NATIONAL BANK OF CANADA 3.80 9.67 22.67 6.12 A N-A 36.83 10.77 NPI-T NORTHLAND POWER INC 3.66 1.57 0.00 -16.53 BBB N-A 34.85 16.34 TVE-T TAMARACK VALLEY ENERGY LTD 3.49 N-A 652.41 -14.56 B N-A 0.00 6.18 QSR-T RESTAURANT BRANDS INTERN 3.44 22.84 5.60 28.94 BB N-A 65.79 28.29 AEM-T AGNICO EAGLE MINES LTD 3.40 31.22 20.33 -0.40 NR Baa2 94.69 24.24 MG-T MAGNA INTERNATIONAL INC 3.27 10.64 8.91 -6.62 A- A3 86.82 13.74 K-T KINROSS GOLD CORP 3.22 N-A 3.72 -22.16 BBB- Baa3 0.00 12.83 H-T HYDRO ONE LTD 3.17 4.90 5.00 14.00 A- N-A 63.05 20.05 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.13 0.82 0.00 -2.44 BBB+ *- Baa1 *- 60.06 17.26 GSY-T GOEASY LTD 3.12 38.28 37.88 -9.77 BB- Ba3 44.60 13.16 IAG-T IA FINANCIAL CORP INC 3.07 12.66 19.37 21.61 A N-A 33.90 2.39 SJR-B-T SHAW COMMUNICATIONS INC-B 3.02 0.00 0.00 6.58 BBB- Baa2 *- 83.85 26.30 OTEX-T OPEN TEXT CORP 2.84 12.88 15.79 -12.47 BB+ Ba2 60.36 23.87 FTT-T FINNING INTERNATIONAL INC 2.76 4.64 7.27 -7.32 BBB+ N-A 29.04 10.48 NTR-T NUTRIEN LTD 2.57 N-A 8.55 0.91 BBB Baa2 13.50 6.34 IMO-T IMPERIAL OIL LTD 2.53 19.51 35.65 24.63 AA- N-A 12.70 6.28 ABX-T BARRICK GOLD CORP 2.44 40.85 -13.47 -22.63 BBB+ A3 266.47 19.28 YRI-T YAMANA GOLD INC 2.29 43.70 10.90 11.50 BBB- Baa3 71.05 19.36 IFC-T INTACT FINANCIAL CORP 2.25 9.34 17.65 9.19 N-A Baa1 29.71 13.06 EFN-T ELEMENT FLEET MANAGEMENT COR 2.07 2.08 22.02 54.64 BBB N-A 35.21 21.22 CNR-T CANADIAN NATL RAILWAY CO 1.97 12.17 19.11 3.20 A A2 39.30 21.45 SAP-T SAPUTO INC 1.97 3.04 1.41 19.95 N-A Baa1 109.01 25.39 TA-T TRANSALTA CORP 1.94 5.59 10.53 -6.86 BB+ Ba1 372.63 N-A RBA-T RITCHIE BROS AUCTIONEERS 1.80 9.76 14.76 14.80 BB+ Ba2 36.04 31.74 MRU-T METRO INC/CN 1.73 11.05 10.00 3.90 BBB N-A 31.19 18.57 VET-T VERMILION ENERGY INC 1.70 -35.86 N-A -20.99 B+ B1 0.00 1.55 CCL-B-T CCL INDUSTRIES INC - CL B 1.63 15.85 14.29 15.49 BBB Baa2 27.35 18.73 CVE-T CENOVUS ENERGY INC 1.62 18.33 430.29 35.39 BBB- Baa2 3.40 8.01 TRI-T THOMSON REUTERS CORP 1.61 4.07 15.60 26.82 BBB Baa2 60.69 50.76 WFG-T WEST FRASER TIMBER CO LTD 1.58 33.24 58.13 -17.26 BBB- Baa3 5.22 3.84 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.43 1.67 7.92 59.90 BBB Baa3 20.60 13.76 L-T LOBLAW COMPANIES LTD 1.40 8.11 12.86 14.52 BBB N-A 27.08 20.44 MX-T METHANEX CORP 1.28 -11.63 99.23 16.53 BB Ba1 3.43 12.24 TECK-B-T TECK RESOURCES LTD-CLS B 0.88 10.76 400.00 13.80 BBB- Baa3 6.44 6.94 ATD-T ALIMENTATION COUCHE-TARD INC 0.88 21.16 26.17 32.80 BBB Baa2 16.52 17.12 FM-T FIRST QUANTUM MINERALS LTD 0.85 75.18 N-A -19.57 B+ *- N-A 11.02 13.54 BN-T BROOKFIELD CORP 0.84 5.69 -2.94 -17.59 A- A3 5.76 22.17 WCN-T WASTE CONNECTIONS INC 0.76 13.69 17.61 10.45 BBB+ Baa2 29.08 39.55 CP-T CANADIAN PACIFIC RAILWAY LTD 0.71 11.68 0.00 13.98 BBB+ N-A 20.10 30.13 CCO-T CAMECO CORP 0.32 -21.40 50.00 22.15 BBB- N-A 58.06 109.20 DOL-T DOLLARAMA INC 0.29 8.57 9.94 16.84 BBB N-A 9.16 29.61 HBM-T HUDBAY MINERALS INC 0.28 0.00 0.00 -32.25 B B1 N-A 9.31 SNC-T SNC-LAVALIN GROUP INC 0.28 -40.71 0.00 3.19 BB+ N-A 14.02 38.17 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.15 N-A 15.50 16.60 B+ B1 N-A N-A
Source: Bloomberg