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 10:45 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
KEY-T KEYERA CORP 6.76 4.65 0.00 30.62 BBB- N-A 682.71 21.56
ENB-T ENBRIDGE INC 6.72 9.52 3.09 29.33 BBB+ Baa1 219.40 20.40
PPL-T PEMBINA PIPELINE CORP 6.57 5.92 0.40 20.63 BBB N-A N-A 14.72
GEI-T GIBSON ENERGY INC 6.03 1.19 2.96 15.82 BBB- Ba2 163.77 27.33
TRP-T TC ENERGY CORP 5.70 9.08 7.55 9.86 BBB+ Baa2 68.32 13.44
CPX-T CAPITAL POWER CORP 5.54 7.02 6.79 26.43 BBB- N-A 250.00 28.48
SU-T SUNCOR ENERGY INC 5.41 -6.25 -35.63 41.80 BBB+ Baa1 N-A 15.91
BCE-T BCE INC 5.39 5.09 5.09 20.91 BBB+ Baa2 132.54 20.06
SPB-T SUPERIOR PLUS CORP 5.23 0.00 0.00 21.68 BB- N-A 168.31 N-A
CHP-UN-T CHOICE PROPERTIES REIT 5.00 1.71 0.00 16.48 BBB N-A 116.18 N-A
CU-T CANADIAN UTILITIES LTD-A 5.00 6.24 1.01 13.74 A- N-A 131.95 21.26
AQN-T ALGONQUIN POWER & UTILITIES 4.93 8.85 2.28 -9.30 BBB N-A 44.49 23.07
CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.82 3.81 3.72 21.18 BBB N-A 216.91 35.99
TCL-A-T TRANSCONTINENTAL INC-CL A 4.74 4.42 0.56 3.91 BBB- N-A 59.19 9.55
MFC-T MANULIFE FINANCIAL CORP 4.68 8.64 0.00 11.03 A N-A 38.05 6.93
GWO-T GREAT-WEST LIFECO INC 4.67 5.13 1.45 27.89 A+ N-A 55.23 7.43
IGM-T IGM FINANCIAL INC 4.62 0.00 0.00 47.19 A N-A 70.14 12.63
CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.61 -26.77 0.00 27.80 BB N-A 28.98 5.96
CNQ-T CANADIAN NATURAL RESOURCES 4.50 14.81 11.21 76.55 BBB- Baa2 N-A 13.27
EMA-T EMERA INC 4.47 5.24 4.04 13.82 BBB Baa3 64.93 20.34
T-T TELUS CORP 4.45 6.87 7.71 23.71 BBB+ Baa1 125.93 28.07
RUS-T RUSSEL METALS INC 4.42 0.00 0.00 70.02 BB+ Ba2 385.71 6.97
BNS-T BANK OF NOVA SCOTIA 4.38 4.56 0.00 32.81 A+ N-A 66.29 11.39
POW-T POWER CORP OF CANADA 4.29 6.73 2.43 47.12 A+ N-A 58.13 8.81
REI-UN-T RIOCAN REAL ESTATE INVST TR 4.29 -5.91 -27.78 28.72 BBB N-A N-A 14.49
ACO-X-T ATCO LTD -CLASS I 4.27 10.06 4.08 11.76 A- N-A 79.02 47.13
LB-T LAURENTIAN BANK OF CANADA 4.14 -7.48 -25.23 20.51 BBB N-A 90.17 8.46
ALA-T ALTAGAS LTD 4.04 -13.12 4.12 37.33 BBB- N-A 55.14 16.93
CM-T CAN IMPERIAL BK OF COMMERCE 3.97 4.22 0.34 38.25 A+ N-A 70.67 10.70
AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.95 2.48 3.11 8.70 N-A Baa2 41.02 15.06
FTS-T FORTIS INC 3.82 6.10 5.81 9.70 A- Baa3 75.68 21.27
INE-T INNERGEX RENEWABLE ENERGY 3.75 2.54 0.70 -19.92 NR N-A N-A N-A
QSR-T RESTAURANT BRANDS INTERN 3.66 28.37 -3.95 -1.42 BB N-A 129.25 19.51
BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.63 4.89 -5.92 11.86 BBB+ N-A 410.70 22.08
LUN-T LUNDIN MINING CORP 3.58 N-A 126.67 2.95 NR N-A 69.58 8.75
ITP-T INTERTAPE POLYMER GROUP INC 3.45 2.87 0.34 7.35 BB- Ba2 48.69 13.14
H-T HYDRO ONE LTD 3.44 6.47 5.01 8.76 A- N-A 33.84 19.10
RCI-B-T ROGERS COMMUNICATIONS INC-B 3.40 0.82 0.00 -0.13 BBB+ *- Baa1 *- 63.44 16.54
BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.38 -0.47 -17.03 -13.42 BBB+ N-A N-A N-A
CAS-T CASCADES INC 3.37 20.11 25.00 0.51 BB- Ba2 15.50 38.01
TD-T TORONTO-DOMINION BANK 3.34 7.91 1.61 38.70 AA- N-A 48.28 11.07
RY-T ROYAL BANK OF CANADA 3.32 5.92 0.70 24.68 AA- N-A 54.74 12.26
SJR-B-T SHAW COMMUNICATIONS INC-B 3.22 0.00 0.00 68.23 BBB- Baa2 *- 61.07 18.57
SLF-T SUN LIFE FINANCIAL INC 3.22 7.76 5.00 20.73 A+ WR (hyb) 53.54 10.99
NPI-T NORTHLAND POWER INC 3.09 2.13 0.00 -11.69 BBB N-A 62.34 132.88
BMO-T BANK OF MONTREAL 3.08 4.51 0.00 46.75 A+ N-A 56.14 11.84
CTC-A-T CANADIAN TIRE CORP-CLASS A 3.05 15.36 3.30 5.33 BBB N-A 9.52 9.14
GRT-UN-T GRANITE REAL ESTATE INVESTME 3.00 4.58 3.35 35.51 N-A (P)Baa2 38.32 127.01
YRI-T YAMANA GOLD INC 2.97 28.02 81.68 -21.62 BB+ Baa3 26.03 15.26
CCA-T COGECO COMMUNICATIONS INC 2.84 10.41 10.29 7.18 BB+ N-A 30.22 11.64
NA-T NATIONAL BANK OF CANADA 2.79 5.43 0.00 42.92 A N-A 49.55 11.94
IAG-T IA FINANCIAL CORP INC 2.75 10.54 7.22 22.93 A N-A 33.99 N-A
AEM-T AGNICO EAGLE MINES LTD 2.72 31.42 39.93 -20.79 NR Baa2 44.72 19.86
NTR-T NUTRIEN LTD 2.70 N-A -5.45 41.58 BBB Baa2 223.39 18.37
FTT-T FINNING INTERNATIONAL INC 2.63 3.33 4.88 34.20 BBB+ N-A 57.01 17.12
IMO-T IMPERIAL OIL LTD 2.57 11.06 11.36 77.21 AA- N-A N-A 59.64
CIX-T CI FINANCIAL CORP 2.45 -11.81 0.00 73.07 BBB Baa2 32.63 11.88
EFN-T ELEMENT FLEET MANAGEMENT COR 2.45 21.06 44.44 -3.69 BBB N-A 35.79 17.03
SAP-T SAPUTO INC 2.45 4.90 2.92 -15.37 N-A Baa1 45.54 26.12
FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.36 -10.16 -41.47 19.19 BBB- Baa3 7017.98 14.06
IFC-T INTACT FINANCIAL CORP 2.24 7.90 2.15 14.60 N-A Baa1 46.12 14.35
FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.22 -2.74 -2.99 31.18 BBB- Baa3 151.65 31.32
MG-T MAGNA INTERNATIONAL INC 2.14 10.33 0.42 30.26 A- A3 61.69 11.73
K-T KINROSS GOLD CORP 1.96 N-A 91.37 -15.73 BBB- Baa3 0.00 11.59
ABX-T BARRICK GOLD CORP 1.84 49.88 121.63 -15.20 BBB Baa1 25.25 17.18
OTEX-T OPEN TEXT CORP 1.79 12.78 10.50 11.43 BB+ Ba1 68.16 40.48
MRU-T METRO INC/CN 1.60 12.30 11.11 5.90 BBB N-A 29.91 18.88
TA-T TRANSALTA CORP 1.53 -9.96 5.97 48.03 BB+ Ba1 N-A N-A
CNR-T CANADIAN NATL RAILWAY CO 1.51 10.98 6.96 16.52 A A2 45.93 28.83
L-T LOBLAW COMPANIES LTD 1.50 6.08 8.73 54.69 BBB N-A 41.33 22.28
GSY-T GOEASY LTD 1.44 38.61 46.39 110.35 BB- Ba3 17.51 12.81
RBA-T RITCHIE BROS AUCTIONEERS 1.42 5.86 5.31 2.70 BB+ *- Ba2 54.12 41.63
PRMW-T PRIMO WATER CORP 1.36 -1.07 -6.35 17.04 B B1 N-A 62.51
CCL-B-T CCL INDUSTRIES INC - CL B 1.33 16.65 14.08 7.34 BBB Baa2 24.29 18.82
TRI-T THOMSON REUTERS CORP 1.32 0.39 -0.54 51.78 BBB Baa2 65.83 9.48
AGI-T ALAMOS GOLD INC-CLASS A 1.28 35.47 59.90 -6.38 NR N-A 17.66 15.96
MX-T METHANEX CORP 1.20 -27.21 -72.30 -2.23 BB Ba1 N-A 13.47
ATD-B-T ALIMENTATION COUCHE-TARD -B 0.93 19.27 28.44 10.84 BBB Baa2 13.58 15.26
WFG-T WEST FRASER TIMBER CO LTD 0.92 26.30 12.50 50.09 BBB- Baa3 7.09 3.07
CVE-T CENOVUS ENERGY INC 0.92 -29.89 -58.00 120.92 BBB- Baa3 N-A 18.23
BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.90 7.31 2.48 41.61 A- Baa1 N-A 175.97
CP-T CANADIAN PACIFIC RAILWAY LTD 0.82 17.45 10.47 10.44 BBB+ N-A 19.60 19.18
WCN-T WASTE CONNECTIONS INC 0.66 9.26 3.05 28.88 BBB+ Baa2 97.66 50.71
TECK-B-T TECK RESOURCES LTD-CLS B 0.62 14.87 0.00 59.94 BBB- Baa3 N-A 9.52
DOL-T DOLLARAMA INC 0.36 8.77 12.44 9.01 BBB N-A 9.85 29.50
CCO-T CAMECO CORP 0.26 -27.52 0.00 133.65 BBB- N-A N-A N-A
SNC-T SNC-LAVALIN GROUP INC 0.25 -40.13 0.00 37.12 BB+ N-A N-A N-A
HBM-T HUDBAY MINERALS INC 0.23 0.00 0.00 3.47 B B2 N-A N-A
GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.11 N-A 32.36 40.58 B+ B1 N-A N-A
FM-T FIRST QUANTUM MINERALS LTD 0.04 -7.79 0.00 49.45 B N-A N-A 25.88
Source: Bloomberg
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