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 10.33 2.84 2.88 -29.91 N-A Baa3 142.41 N-A TCL-A-T TRANSCONTINENTAL INC-CL A 8.20 1.63 0.00 -28.58 BBB- N-A 55.33 8.19 ENB-T ENBRIDGE INC 7.61 5.75 3.20 -10.14 BBB+ Baa1 269.06 15.71 GEI-T GIBSON ENERGY INC 7.57 3.13 5.48 -9.83 BBB- N-A 96.51 13.54 TRP-T TC ENERGY CORP 7.30 6.49 3.36 -16.65 BBB+ Baa3 560.84 7.84 AQN-T ALGONQUIN POWER & UTILITIES 7.29 1.48 -25.07 -14.41 BBB N-A N-A 41.74 LB-T LAURENTIAN BANK OF CANADA 7.26 -6.04 4.49 -18.17 BBB N-A 35.90 5.40 BCE-T BCE INC 7.20 5.09 5.16 -10.19 BBB+ Baa2 123.50 16.67 SPB-T SUPERIOR PLUS CORP 7.19 0.00 0.00 6.24 BB- N-A N-A 52.96 BNS-T BANK OF NOVA SCOTIA 7.10 4.97 2.96 -9.67 A+ N-A 50.41 8.83 IGM-T IGM FINANCIAL INC 6.82 0.00 0.00 -9.00 A N-A 62.69 10.40 CPX-T CAPITAL POWER CORP 6.75 6.74 5.96 -13.79 BBB- N-A 265.66 5.75 CRT-UN-T CT REAL ESTATE INVESTMENT TR 6.53 3.94 3.44 -6.87 BBB N-A 135.11 23.80 CCA-T COGECO COMMUNICATIONS INC 6.51 10.29 10.07 -26.21 BB N-A N-A N-A CM-T CAN IMPERIAL BK OF COMMERCE 6.44 5.28 5.20 -11.68 A+ N-A 48.83 9.19 T-T TELUS CORP 6.26 6.77 7.31 -12.32 BBB Baa2 117.19 24.11 KEY-T KEYERA CORP 6.25 2.65 2.08 16.38 BBB N-A 129.66 17.00 REI-UN-T RIOCAN REAL ESTATE INVST TR 6.10 -5.79 5.97 -13.56 BBB N-A 131.00 10.72 EMA-T EMERA INC 5.94 4.08 4.11 -1.27 BBB Baa3 75.03 11.12 PPL-T PEMBINA PIPELINE CORP 5.93 3.51 4.23 -0.06 BBB N-A 49.53 18.58 CIX-T CI FINANCIAL CORP 5.86 0.00 0.00 1.04 NR Baa2 45.83 5.62 CHP-UN-T CHOICE PROPERTIES REIT 5.74 0.18 0.90 -3.76 BBB N-A 71.93 12.81 POW-T POWER CORP OF CANADA 5.74 6.93 4.55 17.71 A+ N-A 69.41 9.26 MFC-T MANULIFE FINANCIAL CORP 5.57 9.92 6.57 15.84 A N-A 35.73 9.85 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 5.55 1.72 11.63 -9.71 BBB+ N-A N-A N-A BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 5.52 5.28 12.39 -23.39 BBB+ N-A 653.13 N-A POU-T PARAMOUNT RESOURCES LTD -A 5.45 N-A 134.74 -3.35 BB- Ba3 23.57 7.42 BMO-T BANK OF MONTREAL 5.35 8.94 6.62 -12.60 A+ N-A 27.31 10.72 NPI-T NORTHLAND POWER INC 5.30 0.17 0.00 -38.85 BBB N-A 34.85 15.39 SES-T SECURE ENERGY SERVICES INC 5.19 8.28 N-A 8.65 B B1 20.61 12.61 CTC-A-T CANADIAN TIRE CORP-CLASS A 5.04 13.90 17.95 -3.11 BBB N-A 35.45 14.13 GWO-T GREAT-WEST LIFECO INC 5.01 5.97 4.59 43.45 A+ N-A 56.73 N-A SU-T SUNCOR ENERGY INC 4.84 8.24 16.85 -1.97 BBB Baa1 28.73 8.92 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.67 3.30 3.26 -8.97 N-A (P)Baa2 129.76 12.71 TD-T TORONTO-DOMINION BANK 4.63 8.03 7.87 -4.20 AA- N-A 37.52 9.83 NA-T NATIONAL BANK OF CANADA 4.56 10.28 11.17 -5.54 A N-A 36.83 9.63 RY-T ROYAL BANK OF CANADA 4.55 7.21 7.66 -8.16 AA- N-A 44.68 11.46 CNQ-T CANADIAN NATURAL RESOURCES 4.53 22.63 -18.16 16.55 BBB- Baa1 47.74 14.13 SLF-T SUN LIFE FINANCIAL INC 4.52 9.59 6.52 16.22 A+ N-A 52.85 10.99 FTS-T FORTIS INC 4.21 5.78 5.30 9.53 A- Baa3 79.32 17.92 TVE-T TAMARACK VALLEY ENERGY LTD 4.19 N-A 63.93 -26.18 B N-A 1.67 14.58 ALA-T ALTAGAS LTD 4.11 -12.79 4.25 28.48 BBB- N-A 74.69 16.30 RUS-T RUSSEL METALS INC 4.11 0.52 2.63 34.47 BB+ Ba1 25.71 8.55 NTR-T NUTRIEN LTD 3.85 12.19 13.20 -27.89 BBB Baa2 13.50 9.47 IAG-T IA FINANCIAL CORP INC 3.47 13.31 14.23 25.65 A N-A 33.90 9.98 MG-T MAGNA INTERNATIONAL INC 3.42 7.81 6.98 -5.70 A- A3 86.82 10.91 RCI/B-T ROGERS COMMUNICATIONS INC-T 3.40 0.82 0.00 1.44 BBB- Baa3 60.12 18.56 AEM-T AGNICO EAGLE MINES LTD 3.22 30.76 9.32 3.66 NR Baa2 108.24 25.80 QSR-T RESTAURANT BRANDS INTERN 3.14 7.91 6.16 11.74 BB N-A 65.79 26.70 H-T HYDRO ONE LTD 3.13 5.06 5.51 8.33 A- N-A 63.05 21.16 PKI-T PARKLAND CORP 3.06 2.85 3.46 73.46 BB N-A 70.14 14.56 GSY-T GOEASY LTD 2.95 34.69 11.80 9.60 BB- Ba3 44.60 10.18 SAP-T SAPUTO INC 2.78 2.37 0.69 -20.60 N-A Baa1 48.46 16.30 FTT-T FINNING INTERNATIONAL INC 2.78 4.53 5.68 12.03 BBB+ N-A 29.04 9.17 OTEX-T OPEN TEXT CORP 2.59 12.48 13.91 37.55 BB+ Ba2 170.56 19.66 IMO-T IMPERIAL OIL LTD 2.54 21.85 45.74 5.75 AA- N-A 12.70 8.89 ABX-T BARRICK GOLD CORP 2.50 31.68 -34.99 3.18 BBB+ A3 266.47 19.64 CVE-T CENOVUS ENERGY INC 2.29 19.63 24.37 -8.65 BBB- Baa2 3.40 11.11 VET-T VERMILION ENERGY INC 2.29 -32.37 90.00 -29.97 B+ B1 3.49 2.63 EFN-T ELEMENT FLEET MANAGEMENT COR 2.28 5.92 29.03 13.73 BBB N-A 34.50 19.37 TA-T TRANSALTA CORP 2.18 6.58 10.00 -10.90 BB+ Ba1 372.63 6.22 K-T KINROSS GOLD CORP 2.16 N-A 6.10 36.38 BBB- Baa3 494.10 12.81 IFC-T INTACT FINANCIAL CORP 2.08 9.43 9.97 11.07 N-A Baa1 29.71 20.19 YRI-T YAMANA GOLD INC 2.06 9.45 -73.84 N-A BBB- Baa3 N-A N-A CNR-T CANADIAN NATL RAILWAY CO 1.99 11.78 10.31 -4.93 A- A2 39.30 21.39 CCL-B-T CCL INDUSTRIES INC - CL B 1.82 15.43 11.29 -8.40 BBB Baa2 27.35 16.11 MX-T METHANEX CORP 1.76 -10.27 31.98 10.48 BB Ba1 3.43 16.57 RBA-T RB GLOBAL INC 1.75 27.16 118.19 20.45 BB+ Ba2 36.04 30.95 MRU-T METRO INC/CN 1.73 10.94 10.00 -7.69 BBB N-A 27.72 16.17 WFG-T WEST FRASER TIMBER CO LTD 1.56 21.58 19.04 -3.91 BBB- Baa3 5.22 250.23 L-T LOBLAW COMPANIES LTD 1.47 8.54 10.52 5.52 BBB N-A 27.08 18.86 TRI-T THOMSON REUTERS CORP 1.41 5.37 11.46 23.46 BBB Baa2 62.05 29.36 FM-T FIRST QUANTUM MINERALS LTD 1.14 83.84 27.27 -55.88 B+ N-A 11.02 10.67 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.08 1.67 7.92 67.17 BBB Baa2 21.45 7.51 TECK-B-T TECK RESOURCES LTD-CLS B 1.00 10.76 8.11 11.99 BBB- Baa3 6.44 10.00 WCN-T WASTE CONNECTIONS INC 0.86 13.65 16.51 -3.46 BBB+ Baa1 29.08 38.13 BN-T BROOKFIELD CORP 0.83 -1.24 -32.61 -5.61 A- A3 46.05 40.91 CP-T CANADIAN PACIFIC KANSAS CITY 0.78 9.40 0.00 -8.10 BBB+ N-A 17.00 26.63 ATD-T ALIMENTATION COUCHE-TARD INC 0.70 24.13 27.27 32.39 BBB+ Baa1 17.28 20.25 HBM-T HUDBAY MINERALS INC 0.33 0.00 0.00 -16.87 B B1 7.44 69.37 DOL-T DOLLARAMA INC 0.29 11.31 23.82 22.89 BBB N-A 7.97 31.75 ATRL-T SNC-LAVALIN GROUP INC 0.19 -41.30 0.00 73.82 BB+ N-A 84.40 44.09 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.18 N-A 11.76 3.24 B+ B1 N-A N-A
Source: Bloomberg