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 10.07 2.86 2.88 -26.39 N-A Baa3 142.41 PE Ratio TCL-A-T TRANSCONTINENTAL INC-CL A 8.09 1.63 0.00 -30.10 BBB- N-A 55.33 8.35 ENB-T ENBRIDGE INC 7.72 5.75 3.20 -7.52 BBB+ Baa1 269.06 16.02 GEI-T GIBSON ENERGY INC 7.62 3.13 5.48 -8.70 BBB- N-A 96.51 13.41 TRP-T TC ENERGY CORP 7.31 6.49 3.36 -7.02 BBB+ Baa3 560.84 7.88 SPB-T SUPERIOR PLUS CORP 7.27 0.00 0.00 5.29 BB- N-A N-A 51.86 LB-T LAURENTIAN BANK OF CANADA 7.27 -6.04 4.49 -17.47 BBB N-A 35.90 5.39 BCE-T BCE INC 7.24 5.09 5.16 -10.78 BBB+ Baa2 123.50 16.56 AQN-T ALGONQUIN POWER & UTILITIES 7.02 1.48 -25.07 -12.18 BBB N-A N-A 43.19 BNS-T BANK OF NOVA SCOTIA 6.99 4.97 2.96 -7.75 A+ N-A 71.57 10.31 IGM-T IGM FINANCIAL INC 6.68 0.00 0.00 -10.56 A N-A 62.69 10.49 CPX-T CAPITAL POWER CORP 6.67 6.74 5.96 -17.29 BBB- N-A 265.66 5.79 CRT-UN-T CT REAL ESTATE INVESTMENT TR 6.59 3.94 3.45 -7.40 BBB N-A 135.11 23.50 CCA-T COGECO COMMUNICATIONS INC 6.56 10.29 10.07 -29.57 BB N-A N-A N-A CM-T CAN IMPERIAL BK OF COMMERCE 6.42 5.28 5.20 -0.16 A+ N-A 66.60 9.37 T-T TELUS CORP 6.20 6.77 7.31 -10.30 BBB Baa2 117.19 24.35 REI-UN-T RIOCAN REAL ESTATE INVST TR 6.18 -5.73 5.94 -13.03 BBB N-A 131.00 10.67 EMA-T EMERA INC 6.02 4.08 4.11 -4.57 BBB Baa3 75.03 10.98 PPL-T PEMBINA PIPELINE CORP 5.88 3.51 4.23 -2.77 BBB N-A 49.53 18.73 KEY-T KEYERA CORP 5.85 2.65 2.08 14.79 BBB N-A 129.66 17.59 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 5.85 5.03 10.69 -22.96 BBB+ N-A 653.13 N-A CHP-UN-T CHOICE PROPERTIES REIT 5.70 0.20 1.01 -5.47 BBB N-A 71.93 12.81 CIX-T CI FINANCIAL CORP 5.69 0.00 0.00 1.60 NR Baa2 45.83 5.73 POU-T PARAMOUNT RESOURCES LTD -A 5.61 N-A 134.74 -3.07 BB- Ba3 23.57 7.34 POW-T POWER CORP OF CANADA 5.59 6.93 4.55 17.53 A+ N-A 69.41 9.32 MFC-T MANULIFE FINANCIAL CORP 5.49 9.92 10.61 15.55 A N-A 35.73 9.98 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 5.47 1.58 9.87 -8.30 BBB+ N-A N-A N-A NPI-T NORTHLAND POWER INC 5.44 0.00 0.00 -38.50 BBB N-A 34.85 15.24 BMO-T BANK OF MONTREAL 5.42 8.94 6.62 -12.09 A+ N-A 102.83 11.23 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.96 13.90 17.95 -4.45 BBB N-A 35.45 14.28 SES-T SECURE ENERGY SERVICES INC 4.93 8.18 N-A 16.62 B B1 20.61 13.21 TD-T TORONTO-DOMINION BANK 4.93 8.03 7.87 -5.58 AA- N-A 68.32 10.98 SU-T SUNCOR ENERGY INC 4.87 7.89 11.97 8.68 BBB Baa1 28.73 8.93 GWO-T GREAT-WEST LIFECO INC 4.80 5.98 3.38 45.10 A+ N-A 56.73 N-A NA-T NATIONAL BANK OF CANADA 4.72 10.28 11.17 -2.10 A N-A 36.83 9.66 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.66 3.28 3.25 -10.47 N-A (P)Baa2 129.76 12.56 SLF-T SUN LIFE FINANCIAL INC 4.55 9.51 8.70 12.46 A+ N-A 52.85 10.81 RY-T ROYAL BANK OF CANADA 4.50 7.21 7.66 -5.01 AA- N-A 50.90 11.54 CNQ-T CANADIAN NATURAL RESOURCES 4.41 22.63 -18.16 18.16 BBB- Baa1 47.74 14.34 FTS-T FORTIS INC 4.34 5.78 5.30 4.56 A- Baa3 79.32 17.32 RUS-T RUSSEL METALS INC 4.18 0.78 3.95 37.43 BB+ Ba1 25.71 8.57 TVE-T TAMARACK VALLEY ENERGY LTD 4.08 N-A 44.23 -25.11 B N-A 1.67 15.07 ALA-T ALTAGAS LTD 4.06 -12.79 4.25 25.86 BBB- N-A 74.69 16.27 NTR-T NUTRIEN LTD 3.95 12.19 13.20 -29.08 BBB Baa2 13.50 9.10 MG-T MAGNA INTERNATIONAL INC 3.46 7.81 6.98 -8.52 A- A3 86.82 10.82 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.42 0.82 0.00 -3.87 BBB- Baa3 60.12 18.43 IAG-T IA FINANCIAL CORP INC 3.38 13.31 14.23 21.85 A N-A 33.90 10.07 H-T HYDRO ONE LTD 3.14 5.06 5.51 3.82 A- N-A 63.05 20.96 QSR-T RESTAURANT BRANDS INTERN 3.09 7.91 6.16 11.92 BB N-A 65.79 27.02 PKI-T PARKLAND CORP 3.06 2.85 3.46 62.35 BB N-A 70.14 14.52 AEM-T AGNICO EAGLE MINES LTD 2.98 30.60 4.54 7.36 NR Baa2 108.24 27.98 FTT-T FINNING INTERNATIONAL INC 2.90 4.53 5.68 4.45 BBB+ N-A 29.04 8.94 GSY-T GOEASY LTD 2.88 34.69 11.80 13.08 BB- Ba3 44.60 10.47 SAP-T SAPUTO INC 2.81 2.37 0.69 -18.70 N-A Baa1 48.46 16.12 IMO-T IMPERIAL OIL LTD 2.62 21.59 32.88 3.80 AA- N-A 12.70 8.63 OTEX-T OPEN TEXT CORP 2.50 11.78 10.98 41.18 BB+ Ba2 170.56 20.21 VET-T VERMILION ENERGY INC 2.33 -32.44 90.00 -32.31 B+ B1 3.49 2.55 CVE-T CENOVUS ENERGY INC 2.33 19.63 24.37 -6.95 BBB- Baa2 3.40 11.07 ABX-T BARRICK GOLD CORP 2.28 28.39 -36.08 6.12 BBB+ A3 266.47 21.42 EFN-T ELEMENT FLEET MANAGEMENT COR 2.20 5.92 29.03 14.28 BBB N-A 34.50 20.06 TA-T TRANSALTA CORP 2.17 6.58 7.32 -11.81 BB+ Ba1 372.63 6.23 IFC-T INTACT FINANCIAL CORP 2.09 9.43 9.97 6.45 N-A Baa1 29.71 20.08 YRI-T YAMANA GOLD INC 2.06 9.45 -73.84 N-A BBB- Baa3 N-A N-A K-T KINROSS GOLD CORP 2.04 N-A 4.74 38.95 BBB- Baa3 494.10 13.64 CNR-T CANADIAN NATL RAILWAY CO 2.01 11.78 10.31 -7.00 A- A2 39.30 21.36 CCL-B-T CCL INDUSTRIES INC - CL B 1.90 15.43 11.29 -9.15 BBB Baa2 27.35 15.61 MRU-T METRO INC/CN 1.78 10.94 10.00 -10.88 BBB N-A 27.72 15.69 MX-T METHANEX CORP 1.73 -10.27 31.98 13.50 BB Ba1 3.43 16.60 RBA-T RB GLOBAL INC 1.70 26.58 118.59 23.01 BB+ Ba2 36.04 31.88 WFG-T WEST FRASER TIMBER CO LTD 1.65 21.58 19.04 -5.80 BBB- Baa3 5.22 238.88 L-T LOBLAW COMPANIES LTD 1.52 8.54 10.52 -2.33 BBB N-A 27.08 18.13 FM-T FIRST QUANTUM MINERALS LTD 1.44 83.84 27.27 -65.27 B+ N-A 11.02 8.75 TRI-T THOMSON REUTERS CORP 1.41 -21.30 11.46 21.91 BBB Baa1 62.05 29.62 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.08 1.67 7.92 63.57 BBB Baa2 21.45 7.55 TECK-B-T TECK RESOURCES LTD-CLS B 0.98 10.76 8.11 2.76 BBB- Baa3 6.44 10.20 ATD-T ALIMENTATION COUCHE-TARD INC 0.90 24.13 19.15 26.21 BBB+ Baa1 12.18 19.70 WCN-T WASTE CONNECTIONS INC 0.85 13.65 16.51 -4.25 BBB+ Baa1 29.08 38.68 BN-T BROOKFIELD CORP 0.79 -6.03 -47.91 -5.14 A- A3 46.05 42.20 CP-T CANADIAN PACIFIC KANSAS CITY 0.78 9.40 0.00 -11.20 BBB+ N-A 17.00 26.54 HBM-T HUDBAY MINERALS INC 0.32 0.00 0.00 -20.90 B B1 7.44 69.44 DOL-T DOLLARAMA INC 0.29 11.31 23.82 19.32 BBB N-A 7.97 31.80 ATRL-T SNC-LAVALIN GROUP INC 0.20 -41.30 0.00 71.42 BB+ N-A 84.40 42.96 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.18 N-A 11.76 -1.59 B+ B1 N-A N-A
Source: Bloomberg