The table below ranks all S&P/TSX companies by indicated dividend yield, according to Bloomberg data.
Yield-paying index stocks where no credit rating is available from either rating agency are excluded from the table. It is intended as a starting point for further research.
We hope the data provided is helpful and credible, but recognize it is not sufficient grounds for actual market transactions on its own.
Investors should verify the data provided and investigate all cases where ‘NAs’ 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.
Notes on data: The dividend yield quoted is based on annualizing the most recent payment. Payout ratio may be different than elsewhere quoted due to differences in time frame used or method of calculation for after tax income.
Data is as of 11:15 a.m. ET Friday.
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 KEY-T KEYERA CORP 7.46 5.49 1.59 61.72 BBB- N-A 682.71 16.33 ENB-T ENBRIDGE INC 7.20 11.15 7.97 23.20 BBB+ Baa2 219.40 21.70 PPL-T PEMBINA PIPELINE CORP 6.81 6.52 3.28 42.21 BBB N-A N-A 17.92 GEI-T GIBSON ENERGY INC 6.67 1.21 3.01 11.82 BBB- Ba2 163.77 24.04 BCE-T BCE INC 6.03 5.08 5.06 9.19 BBB+ Baa2 132.54 18.84 TRP-T TC ENERGY CORP 5.86 9.20 7.84 -1.70 BBB+ Baa2 68.32 13.93 IGM-T IGM FINANCIAL INC 5.46 0.00 0.00 63.97 A N-A 70.14 13.15 RUS-T RUSSEL METALS INC 5.42 0.00 0.00 114.43 BB Ba3 385.71 187.26 CPX-T CAPITAL POWER CORP 5.36 7.05 6.89 54.17 BBB- N-A 250.00 32.61 CHP-UN-T CHOICE PROPERTIES REIT 5.19 2.47 0.00 23.21 BBB N-A 116.18 14.59 POW-T POWER CORP OF CANADA 5.15 7.53 7.67 82.11 A+ N-A 58.13 11.50 CNQ-T CANADIAN NATURAL RESOURCES 5.10 13.66 12.58 102.22 BBB- Baa2 N-A N-A CU-T CANADIAN UTILITIES LTD-A 5.09 7.61 2.49 8.13 A- N-A 131.95 18.60 GWO-T GREAT-WEST LIFECO INC 4.98 5.76 4.47 80.41 A+ N-A 55.23 N-A CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.86 3.60 3.99 40.89 BBB N-A 216.91 65.45 SPB-T SUPERIOR PLUS CORP 4.86 0.00 0.00 70.40 BB- N-A 168.31 109.96 T-T TELUS CORP 4.82 6.98 5.23 21.57 BBB+ Baa1 125.93 23.59 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.68 -1.31 -8.33 49.05 BBB N-A N-A N-A ALA-T ALTAGAS LTD 4.63 -12.96 1.72 56.31 BBB- N-A 55.14 21.05 CM-T CAN IMPERIAL BK OF COMMERCE 4.63 5.17 1.74 70.87 A+ N-A 70.67 12.85 BNS-T BANK OF NOVA SCOTIA 4.62 5.15 0.84 56.13 A+ N-A 66.29 14.45 EMA-T EMERA INC 4.43 7.39 4.17 10.26 BBB Baa3 64.93 21.45 MFC-T MANULIFE FINANCIAL CORP 4.25 10.01 8.74 73.10 A N-A 38.05 9.02 ACO-X-T ATCO LTD -CLASS I 4.22 11.29 6.32 20.20 A- N-A 79.02 22.18 AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.15 2.45 3.30 3.79 N-A Baa2 41.02 23.28 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.01 -26.77 0.00 127.04 BB N-A N-A 7.41 TCL-A-T TRANSCONTINENTAL INC-CL A 3.85 5.31 1.69 110.12 BBB- N-A 59.19 11.49 AQN-T ALGONQUIN POWER & UTILITIES 3.84 9.95 7.75 12.63 BBB N-A 44.49 30.52 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.82 4.87 3.67 31.32 N-A (P)Baa2 38.32 28.07 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.80 6.33 -5.85 32.81 BBB+ N-A 410.70 101.38 TD-T TORONTO-DOMINION BANK 3.79 8.72 4.98 60.81 AA- N-A 48.28 12.55 LB-T LAURENTIAN BANK OF CANADA 3.75 -6.84 -39.85 50.33 BBB N-A 90.17 13.78 RY-T ROYAL BANK OF CANADA 3.71 6.45 2.86 47.46 AA- N-A 54.74 14.38 CIX-T CI FINANCIAL CORP 3.70 -11.35 0.00 47.19 BBB N-A 32.63 8.03 BMO-T BANK OF MONTREAL 3.69 5.27 2.91 81.42 A+ N-A 56.14 13.99 FTS-T FORTIS INC 3.63 6.56 5.93 8.74 A- Baa3 75.68 21.50 NTR-T NUTRIEN LTD 3.46 N-A -0.44 44.99 BBB Baa2 223.39 34.89 SJR-B-T SHAW COMMUNICATIONS INC-B 3.42 0.00 0.00 62.54 BBB- Baa2 *- 89.88 23.84 H-T HYDRO ONE LTD 3.35 24.44 5.01 23.56 A- N-A 33.84 10.24 SLF-T SUN LIFE FINANCIAL INC 3.33 7.39 2.33 59.59 A+ Baa1 (hyb) 53.54 17.55 SU-T SUNCOR ENERGY INC 3.31 -6.09 -51.30 19.43 BBB+ Baa1 N-A N-A PKI-T PARKLAND CORP 3.30 2.26 1.70 40.24 BB Ba2 224.39 64.19 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.25 0.82 0.00 11.11 BBB+ *- Baa1 *- 63.44 18.01 NA-T NATIONAL BANK OF CANADA 3.22 6.02 2.16 75.94 A N-A 49.55 13.37 QSR-T RESTAURANT BRANDS INTERN 3.21 33.31 0.30 31.74 BB N-A 129.25 37.22 INE-T INNERGEX RENEWABLE ENERGY 3.16 2.87 2.13 30.55 BB+ N-A N-A N-A BEP-UN-T BROOKFIELD RENEWABLE PARTNER 2.99 1.98 -12.15 58.62 BBB+ N-A N-A N-A IAG-T IA FINANCIAL CORP INC 2.85 10.45 5.72 72.04 A N-A 33.99 N-A IMO-T IMPERIAL OIL LTD 2.79 9.86 0.00 78.91 AA- N-A N-A N-A NPI-T NORTHLAND POWER INC 2.72 2.13 0.00 56.83 BBB N-A 62.34 25.78 IPL-T INTER PIPELINE LTD 2.65 -20.54 -70.14 81.06 BBB- N-A 93.51 24.25 ITP-T INTERTAPE POLYMER GROUP INC 2.65 3.47 0.44 148.47 BB- Ba3 48.69 19.43 FTT-T FINNING INTERNATIONAL INC 2.61 2.35 0.00 97.11 BBB+ N-A 57.01 27.25 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.47 -2.62 -12.44 37.01 BBB- Baa3 7017.98 20.61 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.36 16.37 7.94 119.75 BBB N-A 9.52 15.56 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.23 -2.74 -2.99 47.36 BBB- Baa3 151.65 N-A YRI-T YAMANA GOLD INC 2.22 11.40 120.53 -8.86 BB+ Baa3 26.03 18.77 CCA-T COGECO COMMUNICATIONS INC 2.16 10.52 7.73 19.45 BB+ N-A 29.99 14.43 AEM-T AGNICO EAGLE MINES LTD 2.16 27.90 72.43 -0.99 NR Baa2 44.72 33.62 CAS-T CASCADES INC 2.12 14.87 14.29 15.85 BB- Ba2 15.50 7.16 IFC-T INTACT FINANCIAL CORP 2.03 8.88 6.75 26.18 N-A Baa1 46.12 23.87 WN-T WESTON (GEORGE) LTD 1.95 4.81 2.38 11.36 BBB N-A 35.47 19.20 L-T LOBLAW COMPANIES LTD 1.92 5.39 3.17 -4.01 BBB N-A 41.33 20.76 GSY-T GOEASY LTD 1.84 36.45 45.65 305.42 BB- Ba3 17.51 18.53 EFN-T ELEMENT FLEET MANAGEMENT COR 1.79 34.49 22.22 59.22 BBB N-A 35.79 19.65 TRI-T THOMSON REUTERS CORP 1.78 0.97 4.40 18.28 BBB Baa2 65.83 46.77 CNR-T CANADIAN NATL RAILWAY CO 1.78 12.26 6.97 29.20 A A2 *- 45.93 26.00 MG-T MAGNA INTERNATIONAL INC 1.78 12.56 7.70 160.13 A- A3 61.69 23.53 SAP-T SAPUTO INC 1.74 5.37 2.96 19.18 N-A Baa1 46.28 25.64 MRU-T METRO INC/CN 1.73 13.55 12.12 -1.95 BBB N-A 27.74 17.63 OTEX-T OPEN TEXT CORP 1.68 13.34 5.21 18.61 BB+ Ba1 80.76 82.67 ABX-T BARRICK GOLD CORP 1.65 24.85 61.86 -25.17 BBB Baa1 25.25 19.77 K-T KINROSS GOLD CORP 1.64 N-A N-A -2.84 BBB- Baa3 0.00 11.65 TA-T TRANSALTA CORP 1.46 -21.54 6.15 62.61 BB+ Ba1 N-A N-A RBA-T RITCHIE BROS AUCTIONEERS 1.43 6.58 8.94 31.15 BB+ Ba2 54.12 38.84 PRMW-T PRIMO WATER CORP 1.42 -0.02 -2.60 61.20 B B1 N-A 110.76 CCL-B-T CCL INDUSTRIES INC - CL B 1.17 18.20 8.70 77.02 BBB Baa2 24.29 23.30 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.16 8.35 9.08 27.93 A- Baa1 N-A 81.06 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.84 20.79 22.33 6.77 BBB Baa2 12.48 14.05 CP-T CANADIAN PACIFIC RAILWAY LTD 0.82 21.32 10.84 45.87 BBB+ N-A 19.60 26.02 WFG-T WEST FRASER TIMBER CO LTD 0.82 23.36 0.00 237.85 BBB- Baa3 7.09 8.89 CVE-T CENOVUS ENERGY INC 0.75 -33.95 -64.44 113.60 BBB- Baa3 N-A N-A TECK-B-T TECK RESOURCES LTD-CLS B 0.73 0.00 0.00 165.50 BBB- Baa3 N-A 123.24 WCN-T WASTE CONNECTIONS INC 0.70 2.19 12.56 23.39 BBB+ Baa2 97.66 52.37 MX-T METHANEX CORP 0.41 -33.04 -89.92 138.02 BB Ba1 N-A N-A CCO-T CAMECO CORP 0.39 -27.52 0.00 48.11 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.35 8.48 5.28 36.28 BBB N-A 9.85 32.23 SNC-T SNC-LAVALIN GROUP INC 0.29 -39.78 -50.00 22.07 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.22 0.00 0.00 183.63 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.13 N-A 279.49 88.47 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.04 -25.30 0.00 243.74 B N-A N-A N-A
Source: Bloomberg
Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today .