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 10 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 ENB-T ENBRIDGE INC 7.11 11.15 7.97 18.90 BBB+ Baa2 219.40 21.96 KEY-T KEYERA CORP 6.91 5.49 1.59 46.28 BBB- N/A 682.71 17.64 PPL-T PEMBINA PIPELINE CORP 6.67 6.52 3.28 27.64 BBB N/A N/A 18.28 GEI-T GIBSON ENERGY INC 6.32 1.21 3.01 19.13 BBB- Ba2 163.77 25.40 BCE-T BCE INC 6.02 5.08 5.06 9.61 BBB+ Baa2 132.54 19.33 TRP-T TC ENERGY CORP 5.75 9.20 7.84 0.14 BBB+ Baa2 68.32 14.19 RUS-T RUSSEL METALS INC 5.45 0.00 0.00 99.99 BB Ba3 385.71 186.26 CPX-T CAPITAL POWER CORP 5.30 7.05 6.89 52.85 BBB- N/A 250.00 24.94 CHP-U-T CHOICE PROPERTIES REIT 5.27 2.42 0.00 17.78 BBB N/A 116.18 104.33 IGM-T IGM FINANCIAL INC 5.20 0.00 0.00 56.71 A N/A 70.14 13.79 CU-T CANADIAN UTILITIES LTD-A 5.06 7.61 2.49 8.11 A- N/A 131.95 19.34 CNQ-T CANADIAN NATURAL RESOURCES 5.05 13.66 12.58 69.77 BBB- Baa2 N/A N/A POW-T POWER CORP OF CANADA 5.00 7.53 7.67 71.50 A+ N/A 58.13 11.84 GWO-T GREAT-WEST LIFECO INC 4.91 5.76 4.47 65.86 A+ N/A 55.23 N/A CRT-U-T CT REAL ESTATE INVESTMENT TR 4.87 3.59 3.82 34.43 BBB N/A 216.91 65.33 T-T TELUS CORP 4.85 6.98 5.23 18.25 BBB+ Baa1 125.93 23.43 SPB-T SUPERIOR PLUS CORP 4.83 0.00 0.00 60.08 BB- N/A 168.31 110.56 BNS-T BANK OF NOVA SCOTIA 4.60 5.15 0.84 48.35 A+ N/A 66.29 14.52 REI-U-T RIOCAN REAL ESTATE INVST TR 4.59 -1.92 -11.11 42.37 BBB N/A N/A N/A CM-T CAN IMPERIAL BK OF COMMERCE 4.59 5.17 1.74 62.97 A+ N/A 70.67 12.96 EMA-T EMERA INC 4.58 6.71 4.12 5.19 BBB Baa3 64.93 20.76 ALA-T ALTAGAS LTD 4.45 -12.96 1.72 42.53 BBB- N/A 55.14 15.00 ACO-X-T ATCO LTD -CLASS I 4.29 11.29 6.32 11.87 A- N/A 79.02 23.22 MFC-T MANULIFE FINANCIAL CORP 4.18 10.01 8.74 61.47 A N/A 38.05 9.17 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.11 -26.77 0.00 95.52 BB N/A N/A 7.22 AP-U-T ALLIED PROPERTIES REAL ESTAT 3.96 2.46 3.27 0.53 N/A Baa2 41.02 23.48 AQN-T ALGONQUIN POWER & UTILITIES 3.94 9.95 7.75 7.56 BBB N/A 44.49 30.29 BIP-U-T BROOKFIELD INFRASTRUCTURE PA 3.86 6.33 -5.85 26.41 BBB+ N/A 410.70 101.52 TCL-A-T TRANSCONTINENTAL INC-CL A 3.84 5.31 1.69 95.12 BBB- N/A 59.19 11.52 GRT-U-T GRANITE REAL ESTATE INVESTME 3.81 4.83 3.63 28.90 N/A (P)Baa2 38.32 28.19 LB-T LAURENTIAN BANK OF CANADA 3.77 -6.84 -39.85 43.66 BBB N/A 90.17 13.71 TD-T TORONTO-DOMINION BANK 3.73 8.72 4.98 52.56 AA- N/A 48.28 12.75 FTS-T FORTIS INC 3.70 6.56 5.93 4.98 A- Baa3 75.68 21.05 RY-T ROYAL BANK OF CANADA 3.67 6.45 2.86 43.24 AA- N/A 54.74 14.54 BMO-T BANK OF MONTREAL 3.66 5.01 1.44 71.81 A+ N/A 56.14 14.10 CIX-T CI FINANCIAL CORP 3.64 -11.42 0.00 39.34 BBB N/A 32.63 8.15 H-T HYDRO ONE LTD 3.45 24.44 5.01 20.79 A- N/A 33.84 9.93 NTR-T NUTRIEN LTD 3.42 N/A -0.44 42.90 BBB Baa2 223.39 35.94 SJR-B-T SHAW COMMUNICATIONS INC-B 3.33 0.00 0.00 64.44 BBB- Baa2 *- 89.88 24.43 INE-T INNERGEX RENEWABLE ENERGY 3.32 2.87 2.13 19.73 BB+ N/A N/A N/A SLF-T SUN LIFE FINANCIAL INC 3.32 7.39 2.33 44.46 A+ Baa1 (hyb) 53.54 17.59 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.29 0.82 0.00 8.05 BBB+ *- Baa1 *- 63.44 17.71 SU-T SUNCOR ENERGY INC 3.20 -6.09 -51.30 9.75 BBB+ Baa1 N/A N/A IMO-T IMPERIAL OIL LTD 3.19 9.86 0.00 56.20 AA- N/A N/A N/A NA-T NATIONAL BANK OF CANADA 3.17 6.02 2.16 65.94 A N/A 49.55 13.57 PKI-T PARKLAND CORP 3.14 2.26 1.70 23.30 BB Ba2 224.39 67.43 BEP-U-T BROOKFIELD RENEWABLE PARTNER 3.11 1.98 -12.15 45.22 BBB+ N/A N/A N/A QSR-T RESTAURANT BRANDS INTERN 3.09 33.31 0.30 28.29 BB N/A 129.25 36.76 NPI-T NORTHLAND POWER INC 2.81 2.13 0.00 47.25 BBB N/A 62.34 24.92 IAG-T IA FINANCIAL CORP INC 2.78 10.45 5.72 60.63 A N/A 33.99 N/A IPL-T INTER PIPELINE LTD 2.69 -20.54 -70.14 58.59 BBB- N/A 93.51 23.89 ITP-T INTERTAPE POLYMER GROUP INC 2.64 3.47 0.44 127.91 BB- Ba3 48.69 19.81 FTT-T FINNING INTERNATIONAL INC 2.56 2.35 0.00 88.27 BBB+ N/A 57.01 27.82 FCR-U-T FIRST CAPITAL REAL ESTATE IN 2.43 -3.56 -16.59 30.17 BBB- Baa3 7017.98 20.91 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.40 16.02 6.32 106.20 BBB N/A 9.52 15.27 YRI-T YAMANA GOLD INC 2.29 11.40 120.53 -12.74 BB+ Baa3 26.03 17.49 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.24 -2.74 -2.99 54.10 BBB- Baa3 151.65 55.84 CAS-T CASCADES INC 2.22 14.87 14.29 5.58 BB- Ba2 15.50 6.82 CCA-T COGECO COMMUNICATIONS INC 2.21 10.46 10.38 15.47 BB+ N/A 29.99 14.14 AEM-T AGNICO EAGLE MINES LTD 2.20 27.90 72.43 -2.23 NR Baa2 44.72 24.65 IFC-T INTACT FINANCIAL CORP 2.02 8.88 6.75 26.89 N/A Baa1 46.12 23.97 WN-T WESTON (GEORGE) LTD 2.02 4.81 2.38 12.33 BBB N/A 35.47 18.50 L-T LOBLAW COMPANIES LTD 1.96 5.39 3.17 1.51 BBB N/A 41.33 20.24 MG-T MAGNA INTERNATIONAL INC 1.86 12.56 7.70 122.48 A- A3 61.69 22.91 CNR-T CANADIAN NATL RAILWAY CO 1.86 12.26 6.97 17.19 A A2 *- 45.93 24.07 TRI-T THOMSON REUTERS CORP 1.80 0.97 4.40 18.50 BBB Baa2 65.83 47.19 GSY-T GOEASY LTD 1.80 36.45 45.65 239.02 BB- Ba3 17.51 19.03 MRU-T METRO INC/CN 1.79 13.55 12.12 -0.67 BBB N/A 27.74 17.03 SAP-T SAPUTO INC 1.78 5.37 2.96 14.74 N/A Baa1 46.28 25.13 ABX-T BARRICK GOLD CORP 1.76 24.85 61.86 -26.32 BBB Baa1 25.25 18.85 K-T KINROSS GOLD CORP 1.75 N/A N/A -4.58 BBB- Baa3 0.00 11.10 OTEX-T OPEN TEXT CORP 1.75 13.34 5.21 12.44 BB+ Ba1 80.76 80.67 EFN-T ELEMENT FLEET MANAGEMENT COR 1.74 34.49 22.22 48.55 BBB N/A 35.79 20.25 TA-T TRANSALTA CORP 1.49 -21.54 6.15 50.46 BB+ Ba1 N/A N/A PRMW-T PRIMO WATER CORP 1.47 -0.02 -2.60 46.68 B B1 N/A 109.27 RBA-T RITCHIE BROS AUCTIONEERS 1.41 6.58 8.94 34.64 BB+ Ba2 54.12 40.31 CCL-B-T CCL INDUSTRIES INC - CL B 1.19 18.20 8.70 64.25 BBB Baa2 24.29 22.83 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.16 8.35 9.08 21.17 A- Baa1 N/A 82.13 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.84 20.79 22.33 8.23 BBB Baa2 12.48 14.29 WFG-T WEST FRASER TIMBER CO LTD 0.84 23.36 0.00 149.12 BBB- Baa3 7.09 8.65 CP-T CANADIAN PACIFIC RAILWAY LTD 0.83 21.32 10.84 46.41 BBB+ N/A 19.60 25.87 TECK-B-T TECK RESOURCES LTD-CLS B 0.76 0.00 0.00 117.63 BBB- Baa3 N/A 36.30 CVE-T CENOVUS ENERGY INC 0.73 -33.95 -64.44 89.52 BBB- Baa3 N/A N/A WCN-T WASTE CONNECTIONS INC 0.69 2.19 12.56 22.99 BBB+ Baa2 97.66 51.36 MX-T METHANEX CORP 0.40 -33.04 -89.92 108.05 BB Ba1 N/A N/A CCO-T CAMECO CORP 0.39 -27.52 0.00 49.89 BBB- N/A N/A N/A DOL-T DOLLARAMA INC 0.35 8.48 5.28 32.49 BBB N/A 9.85 32.15 SNC-T SNC-LAVALIN GROUP INC 0.29 -39.78 -50.00 8.67 BB+ N/A N/A N/A HBM-T HUDBAY MINERALS INC 0.22 0.00 0.00 166.36 B B2 N/A N/A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.14 N/A 279.49 68.33 B+ B1 N/A N/A FM-T FIRST QUANTUM MINERALS LTD 0.03 -25.30 0.00 241.73 B N/A N/A N/A
Source: Bloomberg
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