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 Monday 10:00 a.m. ET.
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
AP-UN-T ALLIED PROPERTIES REAL ESTAT 7.79 2.73 2.89 -44.79 N-A Baa2 *- 142.41 30.04
GEI-T GIBSON ENERGY INC 6.89 2.59 5.63 -3.85 BBB- Ba2 96.51 14.94
SPB-T SUPERIOR PLUS CORP 6.88 0.00 0.00 -5.80 BB- N-A N-A 53.16
ENB-T ENBRIDGE INC 6.62 6.75 3.05 -1.95 BBB+ Baa1 269.06 14.95
TRP-T TC ENERGY CORP 6.59 7.19 3.42 -17.00 BBB+ Baa2 560.84 8.63
TCL-A-T TRANSCONTINENTAL INC-CL A 6.29 2.13 0.00 -10.49 BBB- N-A 55.33 10.18
BCE-T BCE INC 6.05 5.09 5.15 -7.38 BBB+ Baa2 123.50 19.13
BNS-T BANK OF NOVA SCOTIA 6.03 5.45 8.42 -14.87 A+ N-A 50.41 8.91
KEY-T KEYERA CORP 5.99 2.80 0.00 1.28 BBB- N-A 129.66 16.14
POW-T POWER CORP OF CANADA 5.97 6.99 6.63 -2.72 A+ N-A 69.41 12.62
CM-T CAN IMPERIAL BK OF COMMERCE 5.89 5.26 9.45 -15.53 A+ N-A 48.83 9.46
SES-T SECURE ENERGY SERVICES INC 5.82 -3.64 616.67 21.78 B B1 20.61 10.28
PPL-T PEMBINA PIPELINE CORP 5.78 4.44 3.57 -4.81 BBB N-A 49.58 13.01
LB-T LAURENTIAN BANK OF CANADA 5.77 -6.15 8.33 -15.45 BBB N-A 35.90 6.33
CIX-T CI FINANCIAL CORP 5.69 -12.55 0.00 -27.18 BBB- Baa2 45.83 6.91
MFC-T MANULIFE FINANCIAL CORP 5.68 10.17 11.07 1.03 A N-A 35.73 2.47
GWO-T GREAT-WEST LIFECO INC 5.58 5.96 7.22 7.65 A+ N-A 56.73 1.66
IGM-T IGM FINANCIAL INC 5.56 0.00 0.00 1.05 A N-A 61.87 11.16
FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.42 -4.48 58.33 -4.37 BBB- Baa3 N-A 100.32
CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.37 4.00 3.58 -4.77 BBB N-A 135.11 35.61
CPX-T CAPITAL POWER CORP 5.34 6.85 6.15 8.06 BBB- N-A 265.66 11.69
CHP-UN-T CHOICE PROPERTIES REIT 5.12 0.09 0.11 -0.70 BBB N-A 71.93 8.52
REI-UN-T RIOCAN REAL ESTATE INVST TR 5.04 -6.19 6.19 -9.15 BBB N-A 131.00 16.77
AQN-T ALGONQUIN POWER & UTILITIES 4.99 7.97 1.46 -36.09 BBB N-A N-A 80.10
T-T TELUS CORP 4.95 6.70 7.16 -11.69 BBB Baa2 117.19 21.15
ALA-T ALTAGAS LTD 4.86 -12.84 1.42 -21.32 BBB- N-A 74.69 14.83
CCA-T COGECO COMMUNICATIONS INC 4.85 10.35 10.11 -40.09 BB+ N-A 30.80 6.78
EMA-T EMERA INC 4.79 4.46 4.04 -6.24 BBB Baa3 75.03 13.52
SU-T SUNCOR ENERGY INC 4.78 8.45 57.14 6.71 BBB Baa1 28.73 5.46
TD-T TORONTO-DOMINION BANK 4.73 8.42 10.12 -9.71 AA- N-A 37.52 9.40
BMO-T BANK OF MONTREAL 4.69 8.94 22.84 -11.17 A+ N-A 27.31 10.15
CU-T CANADIAN UTILITIES LTD-A 4.66 3.97 1.00 2.89 BBB+ N-A 85.85 13.63
RUS-T RUSSEL METALS INC 4.63 0.00 0.00 5.58 BB+ Ba1 25.71 5.59
SLF-T SUN LIFE FINANCIAL INC 4.50 9.64 16.53 -2.69 A+ N-A 52.85 11.13
POU-T PARAMOUNT RESOURCES LTD -A 4.49 N-A 307.99 16.29 B+ Ba3 23.57 7.80
BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.45 1.10 11.09 -10.38 BBB+ N-A N-A N-A
BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.37 4.88 11.69 -11.83 BBB+ N-A 653.13 63.54
CNQ-T CANADIAN NATURAL RESOURCES 4.34 32.57 108.56 6.70 BBB- Baa1 47.74 8.82
PKI-T PARKLAND CORP 4.27 2.61 6.03 -9.39 BB N-A 70.14 7.07
ACO-X-T ATCO LTD -CLASS I 4.25 6.48 2.99 2.95 BBB+ N-A 56.88 12.31
GSY-T GOEASY LTD 4.04 36.98 27.68 -21.76 BB- Ba3 44.60 10.18
NA-T NATIONAL BANK OF CANADA 3.98 9.88 19.62 8.03 A N-A 36.83 10.30
RY-T ROYAL BANK OF CANADA 3.97 7.37 14.41 1.04 AA- N-A 44.68 12.72
GRT-UN-T GRANITE REAL ESTATE INVESTME 3.86 3.45 3.30 -10.97 N-A (P)Baa2 129.76 N-A
CTC-A-T CANADIAN TIRE CORP-CLASS A 3.82 17.10 30.05 1.18 BBB N-A 35.45 10.01
FTS-T FORTIS INC 3.82 5.92 5.77 -3.22 A- Baa3 79.32 20.98
TVE-T TAMARACK VALLEY ENERGY LTD 3.66 N-A 418.47 -16.63 B N-A 0.00 5.79
NPI-T NORTHLAND POWER INC 3.54 1.39 0.00 -12.57 BBB N-A 34.85 16.90
MG-T MAGNA INTERNATIONAL INC 3.45 9.79 8.91 -2.63 A- A3 86.82 13.20
QSR-T RESTAURANT BRANDS INTERN 3.31 16.52 7.77 24.45 BB N-A 65.79 30.17
IAG-T IA FINANCIAL CORP INC 3.13 12.66 19.37 21.31 A N-A 33.90 2.35
RCI-B-T ROGERS COMMUNICATIONS INC-B 3.05 0.82 0.00 -9.12 BBB- Baa3 60.12 18.29
SJR-B-T SHAW COMMUNICATIONS INC-B 2.93 0.00 0.00 N-A NR Baa2 *- 83.85 27.17
NTR-T NUTRIEN LTD 2.90 38.63 12.82 -28.32 BBB Baa2 13.50 5.66
AEM-T AGNICO EAGLE MINES LTD 2.84 31.22 16.08 -4.47 NR Baa2 108.24 33.44
H-T HYDRO ONE LTD 2.82 4.91 4.99 17.79 A- N-A 63.05 22.52
FTT-T FINNING INTERNATIONAL INC 2.69 4.64 7.27 -5.82 BBB+ N-A 29.04 10.72
OTEX-T OPEN TEXT CORP 2.52 12.88 15.79 2.89 BB+ Ba2 60.36 27.29
K-T KINROSS GOLD CORP 2.36 N-A 4.87 -7.06 BBB- Baa3 0.00 17.93
IMO-T IMPERIAL OIL LTD 2.34 19.51 35.65 20.11 AA- N-A 12.70 6.78
EFN-T ELEMENT FLEET MANAGEMENT COR 2.28 3.42 24.56 55.60 BBB N-A 34.50 18.63
IFC-T INTACT FINANCIAL CORP 2.23 9.37 14.85 10.66 N-A Baa1 29.71 13.20
VET-T VERMILION ENERGY INC 2.18 -34.13 433.33 -32.14 B+ B1 3.49 1.57
ABX-T BARRICK GOLD CORP 2.10 40.85 -13.47 -15.65 BBB+ A3 266.47 21.71
SAP-T SAPUTO INC 2.06 2.71 0.70 17.23 N-A Baa1 109.01 24.30
YRI-T YAMANA GOLD INC 2.06 43.97 7.69 N-A BBB- Baa3 71.05 N-A
CNR-T CANADIAN NATL RAILWAY CO 1.91 12.04 15.91 5.00 A A2 39.30 22.12
RBA-T RITCHIE BROS AUCTIONEERS 1.83 26.87 136.84 17.64 BB+ Ba2 36.04 31.72
CVE-T CENOVUS ENERGY INC 1.79 21.70 408.57 8.56 BBB- Baa2 3.40 7.25
TA-T TRANSALTA CORP 1.79 5.59 10.53 -8.02 BB+ Ba1 372.63 N-A
MRU-T METRO INC/CN 1.61 11.05 10.00 6.32 BBB N-A 31.19 19.99
CCL-B-T CCL INDUSTRIES INC - CL B 1.60 15.70 13.22 19.42 BBB Baa2 27.35 19.17
WFG-T WEST FRASER TIMBER CO LTD 1.59 29.58 49.97 7.48 BBB- Baa3 5.22 3.91
MX-T METHANEX CORP 1.57 -10.63 71.92 -10.22 BB Ba1 3.43 10.26
FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.53 1.67 7.92 28.28 BBB Baa3 21.45 14.95
TRI-T THOMSON REUTERS CORP 1.52 4.07 15.60 31.96 BBB Baa2 62.05 74.49
L-T LOBLAW COMPANIES LTD 1.29 8.45 13.29 10.14 BBB N-A 27.08 22.20
BN-T BROOKFIELD CORP 0.88 5.69 -2.94 -21.37 A- A3 5.76 21.62
ATD-T ALIMENTATION COUCHE-TARD INC 0.83 22.67 26.58 20.92 BBB Baa2 16.52 18.19
TECK-B-T TECK RESOURCES LTD-CLS B 0.77 10.76 29.03 21.48 BBB- Baa3 6.44 7.82
FM-T FIRST QUANTUM MINERALS LTD 0.76 96.10 N-A -15.77 B+ *- N-A 11.02 15.29
WCN-T WASTE CONNECTIONS INC 0.72 13.69 17.61 10.65 BBB+ Baa2 29.08 42.56
CP-T CANADIAN PACIFIC RAILWAY LTD 0.72 11.05 0.00 10.43 BBB+ N-A 20.10 29.91
DOL-T DOLLARAMA INC 0.34 10.05 14.79 13.41 BBB N-A 7.97 30.01
HBM-T HUDBAY MINERALS INC 0.29 0.00 0.00 -27.57 B B1 N-A 9.18
SNC-T SNC-LAVALIN GROUP INC 0.25 -40.86 0.00 9.05 BB+ N-A 84.40 53.30
GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.15 N-A 16.65 12.80 B+ B1 N-A N-A
Source: Bloomberg