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 TRP-T TC ENERGY CORP 7.23 7.57 3.45 -20.88 BBB+ Baa2 560.84 7.86 AP-UN-T ALLIED PROPERTIES REAL ESTAT 7.21 2.72 2.89 -45.33 N/A Baa2 *- 142.41 32.41 GEI-T GIBSON ENERGY INC 7.16 2.31 5.71 -5.50 BBB- Ba2 141.43 15.09 ENB-T ENBRIDGE INC 6.99 6.75 3.05 -4.20 BBB+ Baa1 269.06 14.15 TCL-A-T TRANSCONTINENTAL INC-CL A 6.70 2.38 0.00 -20.64 BBB- N/A 55.33 9.56 KEY-T KEYERA CORP 6.63 2.89 0.00 2.36 BBB- N/A 129.66 14.56 SES-T SECURE ENERGY SERVICES INC 6.56 -13.72 308.33 15.69 B B1 20.61 9.12 SPB-T SUPERIOR PLUS CORP 6.52 0.00 0.00 1.11 BB- N/A N/A 56.16 BCE-T BCE INC 6.47 5.09 5.15 -6.76 BBB+ Baa2 123.50 17.88 BNS-T BANK OF NOVA SCOTIA 6.27 5.70 10.54 -25.02 A+ N/A 50.41 8.58 PPL-T PEMBINA PIPELINE CORP 6.19 4.64 3.57 -1.99 BBB N/A 49.58 12.17 POW-T POWER CORP OF CANADA 5.96 6.67 7.76 -3.76 A+ N/A 69.41 12.65 CM-T CAN IMPERIAL BK OF COMMERCE 5.94 5.22 10.68 -25.57 A+ N/A 48.83 9.39 MFC-T MANULIFE FINANCIAL CORP 5.91 10.17 11.07 1.46 A N/A 35.73 2.37 GWO-T GREAT-WEST LIFECO INC 5.90 5.96 7.22 3.97 A+ N/A 56.73 1.57 LB-T LAURENTIAN BANK OF CANADA 5.76 -6.21 9.76 -23.20 BBB N/A 35.90 6.34 AQN-T ALGONQUIN POWER & UTILITIES 5.67 9.35 11.30 -41.13 BBB N/A 165.34 12.49 CPX-T CAPITAL POWER CORP 5.60 6.90 6.37 4.92 BBB- N/A 265.66 11.15 IGM-T IGM FINANCIAL INC 5.55 0.00 0.00 -6.28 A N/A 61.87 11.16 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.51 -5.50 50.00 -10.88 BBB- Baa3 N/A 98.75 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.50 4.01 3.67 -8.69 BBB N/A 135.11 34.82 CIX-T CI FINANCIAL CORP 5.43 -12.52 0.00 -32.14 BBB- Baa2 45.83 7.23 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.28 -6.25 6.22 -17.42 BBB N/A 131.00 16.02 POU-T PARAMOUNT RESOURCES LTD -A 5.27 N/A 332.19 8.03 B+ Ba3 23.57 6.66 T-T TELUS CORP 5.22 6.70 7.16 -13.33 BBB Baa2 117.19 20.06 CHP-UN-T CHOICE PROPERTIES REIT 5.22 0.14 0.00 -4.72 BBB N/A 71.93 8.36 SU-T SUNCOR ENERGY INC 5.19 8.45 57.14 6.34 BBB Baa1 28.73 5.97 CNQ-T CANADIAN NATURAL RESOURCES 5.16 32.57 108.56 -3.79 BBB- Baa1 19.04 7.42 CCA-T COGECO COMMUNICATIONS INC 4.99 10.35 10.11 -37.38 BB+ N/A 30.80 6.52 ALA-T ALTAGAS LTD 4.98 -12.78 1.42 -16.59 BBB- N/A 74.69 14.47 EMA-T EMERA INC 4.97 4.46 4.04 -3.04 BBB Baa3 75.03 13.02 CU-T CANADIAN UTILITIES LTD-A 4.85 3.97 1.00 5.27 BBB+ N/A 85.85 13.09 TD-T TORONTO-DOMINION BANK 4.84 8.63 11.35 -19.07 AA- N/A 37.52 9.18 BMO-T BANK OF MONTREAL 4.79 8.94 22.84 -17.89 A+ N/A 27.31 9.94 PKI-T PARKLAND CORP 4.78 2.40 5.28 -10.36 BB N/A 195.88 5.32 SLF-T SUN LIFE FINANCIAL INC 4.68 9.64 16.53 -7.60 A+ N/A 52.85 10.70 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.64 4.88 11.69 -10.65 BBB+ N/A 693.95 382.96 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.58 1.10 11.09 -19.28 BBB+ N/A N/A N/A ACO-X-T ATCO LTD -CLASS I 4.50 6.48 2.99 4.09 BBB+ N/A 56.88 11.64 RUS-T RUSSEL METALS INC 4.43 0.00 0.00 8.78 BB+ Ba1 25.71 5.84 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.15 17.10 30.05 -9.45 BBB N/A 35.45 9.22 RY-T ROYAL BANK OF CANADA 4.05 7.37 14.41 -4.23 AA- N/A 44.68 12.48 NA-T NATIONAL BANK OF CANADA 4.00 9.67 22.67 1.19 A N/A 36.83 10.25 TVE-T TAMARACK VALLEY ENERGY LTD 3.99 N/A 652.41 -26.28 B N/A 0.00 5.31 FTS-T FORTIS INC 3.95 5.92 5.77 -1.96 A- Baa3 79.32 20.29 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.83 3.48 3.30 -10.37 N/A (P)Baa2 129.76 N/A NPI-T NORTHLAND POWER INC 3.56 1.57 0.00 -17.50 BBB N/A 34.85 16.81 QSR-T RESTAURANT BRANDS INTERN 3.55 15.90 5.60 20.72 BB N/A 65.79 27.39 MG-T MAGNA INTERNATIONAL INC 3.54 9.79 8.91 -5.99 A- A3 86.82 12.58 GSY-T GOEASY LTD 3.45 38.28 37.88 -13.09 BB- Ba3 44.60 11.90 AEM-T AGNICO EAGLE MINES LTD 3.30 31.22 16.08 -11.40 NR Baa2 94.69 24.80 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.28 0.82 0.00 -7.22 BBB+ *- Baa1 *- 60.12 16.99 IAG-T IA FINANCIAL CORP INC 3.23 12.66 19.37 14.72 A N/A 33.90 2.27 K-T KINROSS GOLD CORP 3.13 N/A 4.87 -24.51 BBB- Baa3 0.00 13.20 SJR-B-T SHAW COMMUNICATIONS INC-B 3.03 0.00 0.00 4.84 BBB- Baa2 *- 83.85 26.25 H-T HYDRO ONE LTD 2.98 4.91 4.99 18.18 A- N/A 63.05 21.32 NTR-T NUTRIEN LTD 2.93 N/A 8.55 -17.78 BBB Baa2 13.50 5.58 FTT-T FINNING INTERNATIONAL INC 2.83 4.64 7.27 -11.27 BBB+ N/A 29.04 10.21 IMO-T IMPERIAL OIL LTD 2.80 19.51 35.65 18.47 AA- N/A 12.70 5.67 OTEX-T OPEN TEXT CORP 2.64 12.88 15.79 -4.42 BB+ Ba2 60.36 25.53 VET-T VERMILION ENERGY INC 2.35 -35.86 N/A -33.72 B+ B1 3.49 1.46 IFC-T INTACT FINANCIAL CORP 2.33 9.37 14.85 3.42 N/A Baa1 29.71 12.61 ABX-T BARRICK GOLD CORP 2.28 40.85 -13.47 -18.43 BBB+ A3 266.47 20.49 YRI-T YAMANA GOLD INC 2.16 43.70 10.90 11.29 BBB- Baa3 71.05 20.28 EFN-T ELEMENT FLEET MANAGEMENT COR 2.15 2.08 22.02 49.98 BBB N/A 34.50 19.83 SAP-T SAPUTO INC 2.08 2.71 0.70 15.51 N/A Baa1 109.01 24.07 TA-T TRANSALTA CORP 1.97 5.59 10.53 -9.98 BB+ Ba1 372.63 N/A RBA-T RITCHIE BROS AUCTIONEERS 1.96 9.76 14.76 -1.07 BB+ Ba2 36.04 28.84 CNR-T CANADIAN NATL RAILWAY CO 1.94 12.04 15.91 2.78 A A2 39.30 21.76 CVE-T CENOVUS ENERGY INC 1.93 21.70 408.57 14.17 BBB- Baa2 3.40 6.74 MRU-T METRO INC/CN 1.72 11.05 10.00 1.31 BBB N/A 31.19 18.64 CCL-B-T CCL INDUSTRIES INC - CL B 1.66 15.70 13.22 10.84 BBB Baa2 27.35 18.42 WFG-T WEST FRASER TIMBER CO LTD 1.65 29.58 49.97 -17.52 BBB- Baa3 5.22 3.68 TRI-T THOMSON REUTERS CORP 1.56 4.07 15.60 27.99 BBB Baa2 62.05 70.96 MX-T METHANEX CORP 1.55 -10.63 71.92 -5.54 BB Ba1 3.43 10.09 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.50 1.67 7.92 48.33 BBB Baa3 21.45 14.86 L-T LOBLAW COMPANIES LTD 1.40 8.45 13.29 2.99 BBB N/A 27.08 20.50 TECK-B-T TECK RESOURCES LTD-CLS B 1.07 10.76 29.03 -2.89 BBB- Baa3 6.44 5.66 FM-T FIRST QUANTUM MINERALS LTD 1.01 75.18 N/A -35.96 B+ *- N/A 11.02 11.28 BN-T BROOKFIELD CORP 0.94 5.69 -2.94 -28.13 A- A3 5.76 19.62 ATD-T ALIMENTATION COUCHE-TARD INC 0.89 21.16 26.17 19.84 BBB Baa2 16.52 16.45 WCN-T WASTE CONNECTIONS INC 0.74 13.69 17.61 8.15 BBB+ Baa2 29.08 40.26 CP-T CANADIAN PACIFIC RAILWAY LTD 0.70 11.68 0.00 9.19 BBB+ N/A 20.10 30.96 CCO-T CAMECO CORP 0.36 -21.40 50.00 -0.97 BBB- N/A 58.06 97.41 HBM-T HUDBAY MINERALS INC 0.33 0.00 0.00 -38.39 B B1 #N/A N/A 7.93 DOL-T DOLLARAMA INC 0.29 8.57 9.94 10.39 BBB N/A 9.16 30.03 SNC-T SNC-LAVALIN GROUP INC 0.25 -40.86 0.00 3.91 BB+ N/A 84.40 53.32 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.14 N/A 15.50 20.74 B+ B1 N/A N/A