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 8.07 2.76 2.89 -38.22 N-A Baa2 *- 142.41 N-A SPB-T SUPERIOR PLUS CORP 7.40 -1.73 -8.33 -17.95 BB- N-A N-A 157.70 ENB-T ENBRIDGE INC 7.29 6.41 3.10 -11.94 BBB+ Baa1 269.06 14.31 GEI-T GIBSON ENERGY INC 7.20 2.59 5.63 -15.77 BBB- Ba2 96.51 12.16 TRP-T TC ENERGY CORP 6.92 7.19 3.42 -22.79 BBB+ Baa2 560.84 7.96 SES-T SECURE ENERGY SERVICES INC 6.67 -3.91 616.67 -16.77 B B1 20.61 8.43 BNS-T BANK OF NOVA SCOTIA 6.47 5.45 8.42 -19.07 A+ N-A 50.41 9.12 PPL-T PEMBINA PIPELINE CORP 6.43 4.15 3.57 -16.97 BBB N-A 49.58 12.42 TCL-A-T TRANSCONTINENTAL INC-CL A 6.34 2.13 0.00 -8.35 BBB- N-A 55.33 10.10 BCE-T BCE INC 6.34 5.09 5.15 -5.93 BBB+ Baa2 123.50 18.93 CM-T CAN IMPERIAL BK OF COMMERCE 6.28 5.26 9.45 -17.31 A+ N-A 48.83 9.02 KEY-T KEYERA CORP 6.27 0.93 -8.33 -7.67 BBB- N-A 129.66 14.95 CRT-UN-T CT REAL ESTATE INVESTMENT TR 6.06 3.98 3.40 -10.34 BBB N-A 135.11 35.43 POW-T POWER CORP OF CANADA 6.00 6.99 6.63 1.23 A+ N-A 69.41 13.09 LB-T LAURENTIAN BANK OF CANADA 5.89 -6.15 8.33 -21.39 BBB N-A 35.90 6.65 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.83 -2.54 75.00 -0.19 BBB- Baa3 N-A 68.92 MFC-T MANULIFE FINANCIAL CORP 5.78 10.34 9.45 13.45 A N-A 35.73 2.62 IGM-T IGM FINANCIAL INC 5.70 0.00 0.00 7.73 A N-A 61.87 11.10 T-T TELUS CORP 5.67 6.70 7.16 -15.28 BBB Baa2 117.19 19.12 CHP-UN-T CHOICE PROPERTIES REIT 5.56 0.07 0.34 -5.09 BBB N-A 71.93 7.20 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.44 -6.07 6.12 -8.14 BBB N-A 131.00 15.01 CIX-T CI FINANCIAL CORP 5.41 -12.58 0.00 -12.46 NR Baa2 45.83 7.37 GWO-T GREAT-WEST LIFECO INC 5.40 5.96 5.87 20.74 A+ N-A 56.73 3.00 SU-T SUNCOR ENERGY INC 5.40 8.34 33.55 -20.41 BBB Baa1 28.73 5.42 POU-T PARAMOUNT RESOURCES LTD -A 5.24 N-A 275.36 -18.20 B+ Ba3 23.57 5.87 CPX-T CAPITAL POWER CORP 5.19 6.85 6.15 3.39 BBB- N-A 265.66 8.66 BMO-T BANK OF MONTREAL 5.18 9.03 17.99 -14.19 A+ N-A 27.31 10.45 AQN-T ALGONQUIN POWER & UTILITIES 5.06 7.97 1.46 -32.82 BBB N-A N-A 32.40 TD-T TORONTO-DOMINION BANK 4.97 8.42 10.12 -16.55 AA- N-A 37.52 9.03 CU-T CANADIAN UTILITIES LTD-A 4.96 3.53 1.00 -5.11 BBB+ N-A 85.85 12.09 EMA-T EMERA INC 4.94 4.27 4.10 -7.59 BBB Baa3 75.03 12.83 CNQ-T CANADIAN NATURAL RESOURCES 4.88 32.57 108.56 -7.98 BBB- Baa1 47.74 8.73 CCA-T COGECO COMMUNICATIONS INC 4.83 10.33 10.09 -33.06 BB+ N-A 30.80 6.81 ALA-T ALTAGAS LTD 4.77 -12.97 1.42 -18.97 BBB- N-A 74.69 14.95 ACO-X-T ATCO LTD -CLASS I 4.63 6.64 3.00 -5.14 BBB+ N-A 56.88 10.33 SLF-T SUN LIFE FINANCIAL INC 4.56 9.61 12.50 10.04 A+ N-A 52.85 11.62 RUS-T RUSSEL METALS INC 4.48 0.26 1.32 17.31 BB+ Ba1 25.71 6.51 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.47 1.71 11.81 -4.92 BBB+ N-A N-A N-A RY-T ROYAL BANK OF CANADA 4.44 7.45 14.04 -4.73 AA- N-A 44.68 12.01 TVE-T TAMARACK VALLEY ENERGY LTD 4.37 N-A 231.33 -33.78 B N-A 0.00 6.19 NA-T NATIONAL BANK OF CANADA 4.28 9.88 19.62 1.59 A N-A 36.83 10.25 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.28 5.39 12.51 -3.20 BBB+ N-A 653.13 74.10 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.20 16.67 35.35 -1.67 BBB N-A 35.45 10.83 NPI-T NORTHLAND POWER INC 4.05 1.03 0.00 -20.07 BBB N-A 34.85 15.25 PKI-T PARKLAND CORP 4.05 2.55 15.62 -7.85 BB N-A 70.14 14.77 FTS-T FORTIS INC 3.98 5.89 5.69 -6.58 A- Baa3 79.32 19.26 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.97 3.41 3.29 -8.76 N-A (P)Baa2 129.76 N-A NTR-T NUTRIEN LTD 3.96 38.63 12.82 -38.87 BBB Baa2 13.50 4.59 MG-T MAGNA INTERNATIONAL INC 3.79 9.32 7.18 -18.80 A- A3 86.82 12.52 GSY-T GOEASY LTD 3.60 36.98 27.68 -8.12 BB- Ba3 44.60 9.91 IAG-T IA FINANCIAL CORP INC 3.51 13.37 18.22 35.23 A N-A 33.90 2.32 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.34 0.82 0.00 -3.97 BBB- Baa3 60.12 15.80 IMO-T IMPERIAL OIL LTD 3.19 20.75 40.98 -7.09 AA- N-A 12.70 5.46 H-T HYDRO ONE LTD 3.10 4.91 4.99 11.31 A- N-A 63.05 22.37 AEM-T AGNICO EAGLE MINES LTD 3.09 31.32 13.07 4.40 NR Baa2 108.24 25.46 QSR-T RESTAURANT BRANDS INTERN 2.92 11.75 7.77 58.22 BB N-A 65.79 31.99 VET-T VERMILION ENERGY INC 2.68 -34.28 433.33 -47.18 B+ B1 3.49 1.23 FTT-T FINNING INTERNATIONAL INC 2.67 4.47 5.16 12.85 BBB+ N-A 29.04 10.50 CVE-T CENOVUS ENERGY INC 2.52 21.70 408.57 -24.58 BBB- Baa2 3.40 9.61 K-T KINROSS GOLD CORP 2.48 N-A 5.48 14.67 BBB- Baa3 494.10 16.32 OTEX-T OPEN TEXT CORP 2.33 13.75 16.59 11.10 BB+ Ba2 60.36 24.69 ABX-T BARRICK GOLD CORP 2.32 36.98 -23.83 -7.91 BBB+ A3 266.47 23.87 IFC-T INTACT FINANCIAL CORP 2.23 9.37 14.85 9.18 N-A Baa1 29.71 13.34 SAP-T SAPUTO INC 2.08 2.71 0.70 38.16 N-A Baa1 109.01 24.03 RBA-T RB GLOBAL INC 2.06 27.57 130.36 -4.64 BB+ Ba2 36.04 26.49 YRI-T YAMANA GOLD INC 2.06 36.37 -17.87 N-A BBB- Baa3 N-A N-A CNR-T CANADIAN NATL RAILWAY CO 2.04 12.04 15.91 6.10 A- A2 39.30 19.42 EFN-T ELEMENT FLEET MANAGEMENT COR 1.94 3.42 24.56 49.18 BBB N-A 34.50 21.09 MX-T METHANEX CORP 1.77 -10.63 71.92 -13.04 BB Ba1 3.43 11.18 WFG-T WEST FRASER TIMBER CO LTD 1.77 29.58 49.97 -16.05 BBB- Baa3 5.22 7.77 MRU-T METRO INC/CN 1.69 11.01 10.00 2.63 BBB N-A 31.19 18.42 CCL-B-T CCL INDUSTRIES INC - CL B 1.69 15.70 13.22 3.66 BBB Baa2 27.35 17.61 TA-T TRANSALTA CORP 1.69 6.09 10.26 -8.30 BB+ Ba1 372.63 32.99 TRI-T THOMSON REUTERS CORP 1.58 5.14 15.26 33.74 BBB Baa2 62.05 83.86 L-T LOBLAW COMPANIES LTD 1.51 8.45 13.29 3.27 BBB N-A 27.08 20.61 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.39 1.67 7.92 43.05 BBB Baa3 21.45 10.21 BN-T BROOKFIELD CORP 0.93 2.73 -17.76 -20.78 A- A3 46.05 19.38 TECK-B-T TECK RESOURCES LTD-CLS B 0.91 10.76 29.03 0.67 BBB- Baa3 6.44 7.05 FM-T FIRST QUANTUM MINERALS LTD 0.90 96.10 N-A -25.09 B+ N-A 11.02 17.63 ATD-T ALIMENTATION COUCHE-TARD INC 0.84 22.67 26.58 15.85 BBB Baa1 16.52 17.88 CP-T CANADIAN PACIFIC KANSAS CITY 0.74 11.05 0.00 7.68 BBB+ N-A 17.00 25.93 WCN-T WASTE CONNECTIONS INC 0.74 13.99 16.84 13.70 BBB+ Baa1 29.08 39.96 DOL-T DOLLARAMA INC 0.34 9.55 14.79 14.93 BBB N-A 7.97 29.88 HBM-T HUDBAY MINERALS INC 0.34 0.00 0.00 -22.07 B B1 7.44 14.67 SNC-T SNC-LAVALIN GROUP INC 0.25 -41.01 0.00 26.88 BB+ N-A 84.40 48.36 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.14 N-A 16.65 24.73 B+ B1 N-A N-A
Source: Bloomberg