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 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 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 9:50 a.m. ET on 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 6.52 9.52 3.09 44.54 BBB+ Baa1 219.40 21.01
KEY-T KEYERA CORP 6.22 4.75 0.00 66.32 BBB- N-A 682.71 23.43
PPL-T PEMBINA PIPELINE CORP 6.06 6.01 0.80 48.45 BBB N-A N-A 15.96
GEI-T GIBSON ENERGY INC 5.81 1.19 2.96 37.12 BBB- Ba2 163.77 28.36
TRP-T TC ENERGY CORP 5.60 9.08 7.55 22.74 BBB+ Baa2 68.32 13.68
BCE-T BCE INC 5.47 5.09 5.09 20.38 BBB+ Baa2 132.54 19.78
CPX-T CAPITAL POWER CORP 5.40 7.02 6.79 37.04 BBB- N-A 250.00 29.26
SU-T SUNCOR ENERGY INC 5.23 -6.25 -35.63 85.02 BBB+ Baa1 N-A 16.47
SPB-T SUPERIOR PLUS CORP 5.03 0.00 0.00 26.56 BB- N-A 168.31 N-A
CU-T CANADIAN UTILITIES LTD-A 4.99 6.24 1.01 18.30 A- N-A 131.95 21.29
CHP-UN-T CHOICE PROPERTIES REIT 4.87 1.71 0.00 19.27 BBB N-A 116.18 N-A
AQN-T ALGONQUIN POWER & UTILITIES 4.84 8.85 2.28 -13.27 BBB N-A 44.49 23.61
CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.64 3.81 3.72 30.60 BBB N-A 216.91 37.37
GWO-T GREAT-WEST LIFECO INC 4.56 5.13 1.45 38.12 A+ N-A 55.23 7.60
EMA-T EMERA INC 4.52 5.24 4.04 9.69 BBB Baa3 64.93 20.13
CNQ-T CANADIAN NATURAL RESOURCES 4.52 14.81 11.21 108.93 BBB- Baa2 N-A 13.22
T-T TELUS CORP 4.52 6.87 7.71 21.06 BBB+ Baa1 125.93 27.67
TCL-A-T TRANSCONTINENTAL INC-CL A 4.50 4.42 0.56 25.65 BBB- N-A 59.19 10.07
MFC-T MANULIFE FINANCIAL CORP 4.49 9.09 2.75 26.05 A N-A 38.05 7.21
IGM-T IGM FINANCIAL INC 4.41 0.00 0.00 63.20 A N-A 70.14 13.23
BNS-T BANK OF NOVA SCOTIA 4.36 4.56 0.00 42.30 A+ N-A 66.29 11.45
ACO/X-T ATCO LTD -CLASS I 4.33 10.06 4.08 13.06 A- N-A 79.02 46.52
RUS-T RUSSEL METALS INC 4.23 0.00 0.00 96.07 BB Ba2 385.71 7.30
REI-UN-T RIOCAN REAL ESTATE INVST TR 4.23 -5.91 -27.78 50.17 BBB N-A N-A 14.72
POW-T POWER CORP OF CANADA 4.21 6.73 2.43 59.46 A+ N-A 58.13 8.98
CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.20 -26.77 0.00 49.05 BB N-A 28.98 6.54
ALA-T ALTAGAS LTD 3.99 -13.10 3.78 47.73 BBB- N-A 55.14 17.14
CM-T CAN IMPERIAL BK OF COMMERCE 3.91 4.22 0.34 47.43 A+ N-A 70.67 10.87
AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.84 2.48 3.11 18.36 N-A Baa2 41.02 15.46
FTS-T FORTIS INC 3.79 6.13 5.76 7.18 A- Baa3 75.68 21.44
LB-T LAURENTIAN BANK OF CANADA 3.77 -7.48 -25.23 56.55 BBB N-A 90.17 9.29
QSR-T RESTAURANT BRANDS INTERN 3.69 28.37 -3.95 0.10 BB N-A 129.25 19.47
INE-T INNERGEX RENEWABLE ENERGY 3.69 2.54 0.70 -15.74 NR N-A N-A N-A
H-T HYDRO ONE LTD 3.51 6.47 5.01 6.90 A- N-A 33.84 18.75
BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.48 4.89 -5.92 16.21 BBB+ N-A 410.70 23.21
TD-T TORONTO-DOMINION BANK 3.40 7.91 1.61 49.56 AA- N-A 48.28 10.85
CAS-T CASCADES INC 3.36 17.61 12.50 7.95 BB- Ba2 15.50 38.14
RCI-B-T ROGERS COMMUNICATIONS INC-B 3.29 0.82 0.00 4.12 BBB+ *- Baa1 *- 63.44 17.12
LUN-T LUNDIN MINING CORP 3.27 N-A 126.67 31.48 NR N-A 69.58 9.72
RY-T ROYAL BANK OF CANADA 3.25 5.92 0.70 37.58 AA- N-A 54.74 12.53
SJR-B-T SHAW COMMUNICATIONS INC-B 3.22 0.00 0.00 68.68 BBB- Baa2 *- 61.07 18.60
ITP-T INTERTAPE POLYMER GROUP INC 3.18 2.87 0.34 37.31 BB- Ba2 48.69 14.46
BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.16 -0.47 -17.03 -3.10 BBB+ N-A N-A N-A
SLF-T SUN LIFE FINANCIAL INC 3.12 6.71 0.00 24.07 A+ WR (hyb) 53.54 11.35
NPI-T NORTHLAND POWER INC 3.10 2.13 0.00 -9.24 BBB N-A 62.34 132.40
BMO-T BANK OF MONTREAL 3.03 4.51 0.00 67.11 A+ N-A 56.14 12.04
GRT-UN-T GRANITE REAL ESTATE INVESTME 3.02 4.58 3.35 33.43 N-A (P)Baa2 38.32 125.99
CTC-A-T CANADIAN TIRE CORP-CLASS A 2.86 15.36 3.30 16.30 BBB N-A 9.52 9.76
NA-T NATIONAL BANK OF CANADA 2.71 5.43 0.00 57.16 A N-A 49.55 12.29
YRI-T YAMANA GOLD INC 2.71 28.02 81.68 -20.36 BB+ Baa3 26.03 16.84
NTR-T NUTRIEN LTD 2.69 N-A -5.45 63.72 BBB Baa2 223.39 18.50
CCA-T COGECO COMMUNICATIONS INC 2.66 10.41 7.56 14.09 BB+ N-A 30.22 12.40
IAG-T IA FINANCIAL CORP INC 2.56 9.36 1.84 39.73 A N-A 33.99 N-A
AEM-T AGNICO EAGLE MINES LTD 2.46 31.42 70.08 -24.92 NR Baa2 44.72 22.11
FTT-T FINNING INTERNATIONAL INC 2.44 2.85 2.44 65.95 BBB+ N-A 57.01 18.40
CIX-T CI FINANCIAL CORP 2.42 -11.81 0.00 86.02 BBB Baa2 32.63 12.04
IMO-T IMPERIAL OIL LTD 2.42 11.06 11.36 116.66 AA- N-A N-A 63.38
FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.35 -2.74 -2.99 32.27 BBB- Baa3 151.65 30.13
EFN-T ELEMENT FLEET MANAGEMENT COR 2.34 21.06 44.44 5.37 BBB N-A 35.79 17.85
SAP-T SAPUTO INC 2.32 4.90 2.92 -8.41 N-A Baa1 45.54 27.58
FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.32 -10.16 -41.47 31.81 BBB- Baa3 7017.98 14.32
IFC-T INTACT FINANCIAL CORP 2.15 7.90 2.15 24.35 N-A Baa1 46.12 14.97
MG-T MAGNA INTERNATIONAL INC 2.01 10.89 1.35 43.48 A- A3 61.69 12.62
K-T KINROSS GOLD CORP 1.76 N-A 279.15 -16.30 BBB- Baa3 0.00 12.95
ABX-T BARRICK GOLD CORP 1.74 49.88 121.63 -21.05 BBB Baa1 25.25 18.27
OTEX-T OPEN TEXT CORP 1.72 12.78 10.50 21.11 BB+ Ba1 68.16 42.32
MRU-T METRO INC/CN 1.53 12.30 11.11 5.55 BBB N-A 27.74 20.07
CNR-T CANADIAN NATL RAILWAY CO 1.50 10.98 6.96 17.47 A A2 45.93 28.92
L-T LOBLAW COMPANIES LTD 1.48 6.08 8.73 48.74 BBB N-A 41.33 24.17
TA-T TRANSALTA CORP 1.45 -9.96 5.97 66.34 BB+ Ba1 N-A N-A
RBA-T RITCHIE BROS AUCTIONEERS 1.41 5.69 4.48 6.42 BB+ *- Ba2 54.12 42.05
TRI-T THOMSON REUTERS CORP 1.35 0.37 -0.47 40.04 BBB Baa2 65.83 9.39
GSY-T GOEASY LTD 1.34 38.61 46.39 151.92 BB- Ba3 17.51 13.82
CCL-B-T CCL INDUSTRIES INC - CL B 1.24 16.65 14.08 23.90 BBB Baa2 24.29 20.31
PRMW-T PRIMO WATER CORP 1.23 -0.86 -5.99 29.81 B B1 N-A 69.51
AGI-T ALAMOS GOLD INC-CLASS A 1.16 35.47 59.90 -6.15 NR N-A 17.66 17.83
MX-T METHANEX CORP 1.09 -27.21 -72.30 29.34 BB Ba1 N-A 14.92
WFG-T WEST FRASER TIMBER CO LTD 0.96 26.30 12.50 53.61 BBB- Baa3 7.09 3.12
CVE-T CENOVUS ENERGY INC 0.88 -29.89 -58.00 196.93 BBB- Baa3 N-A 19.13
BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.86 7.31 2.48 62.83 A- Baa1 N-A 183.11
CP-T CANADIAN PACIFIC RAILWAY LTD 0.78 17.45 10.47 13.47 BBB+ N-A 19.60 20.12
ATD-B-T ALIMENTATION COUCHE-TARD -B 0.69 19.27 28.44 12.79 BBB Baa2 13.58 16.57
WCN-T WASTE CONNECTIONS INC 0.67 9.26 3.05 21.25 BBB+ Baa2 97.66 50.63
TECK-B-T TECK RESOURCES LTD-CLS B 0.55 14.87 0.00 90.99 BBB- Baa3 N-A 10.58
DOL-T DOLLARAMA INC 0.34 8.77 12.44 21.39 BBB N-A 9.85 30.80
CCO-T CAMECO CORP 0.23 -27.52 0.00 178.87 BBB- N-A N-A N-A
SNC-T SNC-LAVALIN GROUP INC 0.23 -40.01 0.00 71.81 BB+ N-A N-A N-A
HBM-T HUDBAY MINERALS INC 0.22 0.00 0.00 36.78 B B2 N-A N-A
GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.11 N-A 32.36 65.48 B+ B1 N-A N-A
FM-T FIRST QUANTUM MINERALS LTD 0.04 -7.79 0.00 83.57 B N-A N-A 27.84
Source: Bloomberg
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