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 AP-UN-T ALLIED PROPERTIES REAL ESTAT 7.52 2.73 2.89 -42.69 N-A Baa2 *- 142.41 31.10 GEI-T GIBSON ENERGY INC 7.07 2.59 5.63 -5.90 BBB- Ba2 96.51 14.56 ENB-T ENBRIDGE INC 6.69 6.75 3.05 -3.01 BBB+ Baa1 269.06 14.79 TRP-T TC ENERGY CORP 6.64 7.19 3.42 -18.42 BBB+ Baa2 560.84 8.56 SPB-T SUPERIOR PLUS CORP 6.58 0.00 0.00 -0.88 BB- N-A N-A 55.65 TCL-A-T TRANSCONTINENTAL INC-CL A 6.31 2.13 0.00 -5.01 BBB- N-A 55.33 10.15 KEY-T KEYERA CORP 6.08 2.71 0.00 1.15 BBB- N-A 129.66 15.89 BCE-T BCE INC 6.05 5.09 5.15 -7.11 BBB+ Baa2 123.50 19.11 BNS-T BANK OF NOVA SCOTIA 5.99 5.45 8.42 -15.47 A+ N-A 50.41 8.98 SES-T SECURE ENERGY SERVICES INC 5.95 -3.64 616.67 4.12 B B1 20.61 10.05 PPL-T PEMBINA PIPELINE CORP 5.90 4.44 3.57 -6.57 BBB N-A 49.58 12.76 POW-T POWER CORP OF CANADA 5.90 6.99 6.63 -3.18 A+ N-A 69.41 12.78 CM-T CAN IMPERIAL BK OF COMMERCE 5.84 5.26 9.45 -16.27 A+ N-A 48.83 9.54 LB-T LAURENTIAN BANK OF CANADA 5.79 -6.15 8.33 -16.90 BBB N-A 35.90 6.31 MFC-T MANULIFE FINANCIAL CORP 5.58 10.17 11.07 3.59 A N-A 35.73 2.51 GWO-T GREAT-WEST LIFECO INC 5.52 5.96 7.22 8.01 A+ N-A 56.73 1.68 IGM-T IGM FINANCIAL INC 5.45 0.00 0.00 2.01 A N-A 61.87 11.37 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.44 -4.48 58.33 -5.01 BBB- Baa3 N-A 99.88 CPX-T CAPITAL POWER CORP 5.44 6.85 6.15 5.19 BBB- N-A 265.66 11.48 AQN-T ALGONQUIN POWER & UTILITIES 5.39 7.97 1.46 -40.68 BBB N-A N-A 73.34 CIX-T CI FINANCIAL CORP 5.36 -12.55 0.00 -23.86 BBB- Baa2 45.83 7.33 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.34 4.00 3.58 -6.23 BBB N-A 135.11 35.83 CHP-UN-T CHOICE PROPERTIES REIT 5.11 0.09 0.11 -0.51 BBB N-A 71.93 8.52 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.07 -6.19 6.19 -9.95 BBB N-A 131.00 16.68 SU-T SUNCOR ENERGY INC 5.04 8.45 57.14 2.83 BBB Baa1 28.73 5.18 ALA-T ALTAGAS LTD 4.99 -12.84 1.42 -21.99 BBB- N-A 74.69 14.46 T-T TELUS CORP 4.94 6.70 7.16 -11.57 BBB Baa2 117.19 21.18 EMA-T EMERA INC 4.77 4.46 4.04 -5.79 BBB Baa3 75.03 13.56 POU-T PARAMOUNT RESOURCES LTD -A 4.69 N-A 307.99 16.30 B+ Ba3 23.57 7.47 CCA-T COGECO COMMUNICATIONS INC 4.68 10.35 10.11 -38.96 BB+ N-A 30.80 7.03 BMO-T BANK OF MONTREAL 4.62 8.94 22.84 -11.47 A+ N-A 27.31 10.31 CU-T CANADIAN UTILITIES LTD-A 4.61 3.97 1.00 3.59 BBB+ N-A 85.85 13.79 TD-T TORONTO-DOMINION BANK 4.60 8.42 10.12 -7.79 AA- N-A 37.52 9.66 RUS-T RUSSEL METALS INC 4.54 0.00 0.00 -1.39 BB+ Ba1 25.71 5.70 CNQ-T CANADIAN NATURAL RESOURCES 4.47 32.57 108.56 3.52 BBB- Baa1 47.74 8.57 SLF-T SUN LIFE FINANCIAL INC 4.41 9.64 16.53 0.54 A+ N-A 52.85 11.35 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.40 1.10 11.09 -5.84 BBB+ N-A N-A N-A BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.35 4.88 11.69 -11.52 BBB+ N-A 653.13 63.16 PKI-T PARKLAND CORP 4.29 2.58 6.03 -6.06 BB N-A 70.14 7.04 ACO-X-T ATCO LTD -CLASS I 4.25 6.48 2.99 1.74 BBB+ N-A 56.88 12.32 GSY-T GOEASY LTD 4.17 36.98 27.68 -21.36 BB- Ba3 44.60 9.85 NA-T NATIONAL BANK OF CANADA 3.92 9.88 19.62 8.89 A N-A 36.83 10.45 RY-T ROYAL BANK OF CANADA 3.92 7.37 14.41 1.16 AA- N-A 44.68 12.89 TVE-T TAMARACK VALLEY ENERGY LTD 3.92 N-A 418.47 -23.03 B N-A 0.00 5.41 FTS-T FORTIS INC 3.80 5.92 5.77 -3.34 A- Baa3 79.32 21.11 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.78 17.10 30.05 -0.81 BBB N-A 35.45 10.11 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.76 3.45 3.30 -10.60 N-A (P)Baa2 129.76 N-A NPI-T NORTHLAND POWER INC 3.61 1.39 0.00 -14.73 BBB N-A 34.85 16.58 MG-T MAGNA INTERNATIONAL INC 3.49 9.79 8.91 -8.24 A- A3 86.82 12.91 QSR-T RESTAURANT BRANDS INTERN 3.25 16.52 7.77 26.87 BB N-A 65.79 30.41 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.07 0.82 0.00 -9.89 BBB- Baa3 60.12 18.14 IAG-T IA FINANCIAL CORP INC 3.05 12.66 19.37 22.73 A N-A 33.90 2.41 NTR-T NUTRIEN LTD 2.95 38.63 12.82 -26.66 BBB Baa2 13.50 5.51 SJR-B-T SHAW COMMUNICATIONS INC-B 2.93 0.00 0.00 N-A NR Baa2 *- 83.85 27.17 AEM-T AGNICO EAGLE MINES LTD 2.85 31.22 16.08 1.87 NR Baa2 108.24 33.03 H-T HYDRO ONE LTD 2.81 4.91 4.99 15.90 A- N-A 63.05 22.59 FTT-T FINNING INTERNATIONAL INC 2.72 4.64 7.27 -9.18 BBB+ N-A 29.04 10.60 OTEX-T OPEN TEXT CORP 2.57 12.88 15.79 0.07 BB+ Ba2 60.36 26.51 IMO-T IMPERIAL OIL LTD 2.45 19.51 35.65 17.59 AA- N-A 12.70 6.47 K-T KINROSS GOLD CORP 2.41 N-A 4.87 -1.41 BBB- Baa3 0.00 17.42 EFN-T ELEMENT FLEET MANAGEMENT COR 2.31 3.42 24.56 51.11 BBB N-A 34.50 18.44 VET-T VERMILION ENERGY INC 2.29 -34.13 433.33 -33.46 B+ B1 3.49 1.49 IFC-T INTACT FINANCIAL CORP 2.20 9.37 14.85 12.11 N-A Baa1 29.71 13.39 ABX-T BARRICK GOLD CORP 2.10 40.85 -13.47 -11.67 BBB+ A3 266.47 21.55 YRI-T YAMANA GOLD INC 2.06 43.97 7.69 N-A BBB- Baa3 71.05 N-A SAP-T SAPUTO INC 2.05 2.71 0.70 16.91 N-A Baa1 109.01 24.41 CNR-T CANADIAN NATL RAILWAY CO 1.91 12.04 15.91 5.13 A A2 39.30 22.12 TA-T TRANSALTA CORP 1.85 5.59 10.53 -12.50 BB+ Ba1 372.63 N-A RBA-T RITCHIE BROS AUCTIONEERS 1.85 26.87 136.84 14.37 BB+ Ba2 36.04 31.02 CVE-T CENOVUS ENERGY INC 1.76 21.70 408.57 11.35 BBB- Baa2 3.40 7.39 CCL-B-T CCL INDUSTRIES INC - CL B 1.63 15.70 13.22 16.00 BBB Baa2 27.35 18.79 MRU-T METRO INC/CN 1.61 11.05 10.00 8.86 BBB N-A 31.19 19.39 WFG-T WEST FRASER TIMBER CO LTD 1.60 29.58 49.97 -5.43 BBB- Baa3 5.22 3.84 MX-T METHANEX CORP 1.59 -10.63 71.92 -7.44 BB Ba1 3.43 10.03 TRI-T THOMSON REUTERS CORP 1.50 4.07 15.60 36.79 BBB Baa2 62.05 75.00 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.48 1.67 7.92 32.51 BBB Baa3 21.45 15.31 L-T LOBLAW COMPANIES LTD 1.32 8.45 13.29 7.13 BBB N-A 27.08 21.76 BN-T BROOKFIELD CORP 0.85 5.69 -2.94 -18.39 A- A3 5.76 22.07 ATD-T ALIMENTATION COUCHE-TARD INC 0.84 22.67 26.58 17.51 BBB Baa2 16.52 17.78 TECK-B-T TECK RESOURCES LTD-CLS B 0.80 10.76 29.03 27.03 BBB- Baa3 6.44 7.57 FM-T FIRST QUANTUM MINERALS LTD 0.77 96.10 N-A -13.39 B+ *- N-A 11.02 14.93 WCN-T WASTE CONNECTIONS INC 0.72 13.69 17.61 11.38 BBB+ Baa2 29.08 42.36 CP-T CANADIAN PACIFIC KANSAS CITY 0.70 11.05 0.00 12.42 BBB+ N-A 20.10 30.83 DOL-T DOLLARAMA INC 0.34 9.55 14.79 11.51 BBB N-A 7.97 30.47 HBM-T HUDBAY MINERALS INC 0.28 0.00 0.00 -17.41 B B1 N-A 9.47 SNC-T SNC-LAVALIN GROUP INC 0.25 -40.86 0.00 6.01 BB+ N-A 84.40 52.73 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.15 N-A 16.65 12.79 B+ B1 N-A N-A
Source: Bloomberg