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
ENB-T ENBRIDGE INC 7.15 9.52 3.09 18.35 BBB+ Baa1 219.40 19.72
KEY-T KEYERA CORP 6.77 4.65 0.00 26.26 BBB- N-A 682.71 21.53
PPL-T PEMBINA PIPELINE CORP 6.74 5.92 0.40 15.57 BBB N-A N-A 14.35
GEI-T GIBSON ENERGY INC 6.25 1.19 2.96 8.63 BBB- Ba2 163.77 26.36
TRP-T TC ENERGY CORP 6.02 9.08 7.55 5.24 BBB+ Baa2 68.32 12.74
CPX-T CAPITAL POWER CORP 5.66 7.02 6.79 16.55 BBB- N-A 250.00 27.91
SU-T SUNCOR ENERGY INC 5.42 -1.97 -4.11 34.37 BBB+ Baa1 N-A 15.88
BCE-T BCE INC 5.33 5.09 5.09 18.91 BBB+ Baa2 132.54 20.28
SPB-T SUPERIOR PLUS CORP 5.23 0.00 0.00 15.65 BB- N-A 168.31 N-A
CHP-UN-T CHOICE PROPERTIES REIT 5.11 1.56 0.00 14.08 BBB N-A 116.18 N-A
CJR-B-T CORUS ENTERTAINMENT INC-B SH 5.05 -26.77 0.00 13.84 BB N-A 28.98 5.43
CU-T CANADIAN UTILITIES LTD-A 5.01 6.24 1.01 15.00 A- N-A 131.95 21.21
CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.96 3.84 3.60 16.95 BBB N-A 216.91 34.97
AQN-T ALGONQUIN POWER & UTILITIES 4.89 8.85 2.28 -9.43 BBB N-A 44.49 23.40
IGM-T IGM FINANCIAL INC 4.81 0.00 0.00 40.25 A N-A 70.14 12.12
MFC-T MANULIFE FINANCIAL CORP 4.66 9.60 4.46 9.52 A N-A 38.05 6.95
BNS-T BANK OF NOVA SCOTIA 4.64 4.56 0.00 32.24 A+ N-A 46.54 10.96
GWO-T GREAT-WEST LIFECO INC 4.61 5.44 2.97 35.96 A+ N-A 55.23 7.52
TCL-A-T TRANSCONTINENTAL INC-CL A 4.56 4.42 0.56 1.69 BBB- N-A 59.95 13.45
CM-T CAN IMPERIAL BK OF COMMERCE 4.54 4.22 0.34 32.84 A+ N-A 41.81 9.73
T-T TELUS CORP 4.50 6.68 7.26 18.96 BBB+ Baa1 125.93 27.75
CNQ-T CANADIAN NATURAL RESOURCES 4.48 16.27 17.50 71.74 BBB- Baa2 N-A 13.33
RUS-T RUSSEL METALS INC 4.46 0.00 0.00 65.00 BB+ Ba2 385.71 6.92
EMA-T EMERA INC 4.43 5.24 4.04 15.18 BBB Baa3 64.93 20.53
LB-T LAURENTIAN BANK OF CANADA 4.41 -7.48 -25.23 25.98 BBB N-A 0.00 8.55
REI-UN-T RIOCAN REAL ESTATE INVST TR 4.35 -6.64 -30.56 34.06 BBB N-A N-A 14.30
ACO/X-T ATCO LTD -CLASS I 4.32 9.48 3.01 12.31 A- N-A 79.02 46.61
ALA-T ALTAGAS LTD 4.26 -13.12 4.12 34.18 BBB- N-A 55.14 17.00
POW-T POWER CORP OF CANADA 4.24 6.34 2.43 48.51 A+ N-A 58.13 8.92
INE-T INNERGEX RENEWABLE ENERGY 3.94 2.54 0.70 -23.85 NR N-A N-A N-A
AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.91 2.49 3.08 13.67 N-A Baa2 41.02 15.19
BMO-T BANK OF MONTREAL 3.85 4.51 0.00 47.12 A+ N-A 36.56 11.02
TD-T TORONTO-DOMINION BANK 3.72 7.91 1.61 37.38 AA- N-A 40.86 12.27
RY-T ROYAL BANK OF CANADA 3.70 5.92 0.70 26.49 AA- N-A 39.02 11.73
FTS-T FORTIS INC 3.69 6.10 5.81 14.19 A- Baa3 75.68 22.06
BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.64 -0.70 -12.50 -10.72 BBB+ N-A N-A N-A
NA-T NATIONAL BANK OF CANADA 3.58 5.43 0.00 38.77 A N-A 31.36 10.81
BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.57 4.52 -3.77 13.71 BBB+ N-A 410.70 22.70
QSR-T RESTAURANT BRANDS INTERN 3.57 26.69 -3.95 -0.54 BB N-A 129.25 20.15
RCI-B-T ROGERS COMMUNICATIONS INC-B 3.50 0.82 0.00 -2.89 BBB+ *- Baa1 *- 63.44 16.07
CAS-T CASCADES INC 3.44 20.11 25.00 -4.74 BB- Ba2 15.50 37.26
H-T HYDRO ONE LTD 3.42 6.73 5.01 12.02 A- N-A 33.84 19.24
ITP-T INTERTAPE POLYMER GROUP INC 3.41 2.87 0.34 3.34 BB- Ba2 48.69 13.40
LUN-T LUNDIN MINING CORP 3.35 N-A 143.75 12.29 NR N-A 69.58 9.42
NPI-T NORTHLAND POWER INC 3.21 2.13 0.00 -12.03 BBB N-A 62.34 127.94
SJR-B-T SHAW COMMUNICATIONS INC-B 3.18 0.00 0.00 66.28 BBB- Baa2 *- 61.07 18.82
SLF-T SUN LIFE FINANCIAL INC 3.17 7.35 5.00 25.88 A+ WR (hyb) 53.54 11.15
YRI-T YAMANA GOLD INC 3.07 28.02 81.68 -28.77 BB+ Baa3 26.03 14.85
AEM-T AGNICO EAGLE MINES LTD 2.95 29.77 39.36 -30.97 NR Baa2 44.72 18.58
GRT-UN-T GRANITE REAL ESTATE INVESTME 2.95 4.54 3.31 36.10 N-A (P)Baa2 38.32 129.28
CTC-A-T CANADIAN TIRE CORP-CLASS A 2.91 15.36 3.30 10.56 BBB N-A 9.52 9.60
CCA-T COGECO COMMUNICATIONS INC 2.88 10.41 10.29 4.64 BB+ N-A 30.22 11.48
FTT-T FINNING INTERNATIONAL INC 2.78 3.33 4.88 20.33 BBB+ N-A 57.01 16.17
IAG-T IA FINANCIAL CORP INC 2.74 10.54 7.22 25.41 A N-A 33.99 N-A
NTR-T NUTRIEN LTD 2.60 N-A -5.45 48.65 BBB Baa2 223.39 19.20
CIX-T CI FINANCIAL CORP 2.56 -11.88 0.00 77.13 BBB Baa2 32.63 11.40
SAP-T SAPUTO INC 2.48 4.49 3.65 -21.11 N-A Baa1 45.54 25.80
FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.47 -11.47 -45.62 21.90 BBB- Baa3 7017.98 13.41
IMO-T IMPERIAL OIL LTD 2.47 11.79 17.05 76.40 AA- N-A N-A 62.18
EFN-T ELEMENT FLEET MANAGEMENT COR 2.37 21.06 44.44 3.61 BBB N-A 35.79 17.62
K-T KINROSS GOLD CORP 2.28 N-A 90.58 -26.33 BBB- Baa3 0.00 10.09
IFC-T INTACT FINANCIAL CORP 2.25 7.90 2.15 8.07 N-A Baa1 46.12 14.30
FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.19 -2.74 -2.99 31.94 BBB- Baa3 151.65 32.02
MG-T MAGNA INTERNATIONAL INC 2.13 10.33 0.42 30.82 A- A3 61.69 11.86
ABX-T BARRICK GOLD CORP 2.01 55.94 137.59 -19.17 BBB Baa1 25.25 15.88
OTEX-T OPEN TEXT CORP 1.87 12.49 10.03 5.39 BB+ Ba1 68.16 39.26
MRU-T METRO INC/CN 1.59 12.30 11.11 8.93 BBB N-A 29.91 19.09
GSY-T GOEASY LTD 1.51 38.61 46.39 97.06 BB- Ba3 17.51 12.20
CNR-T CANADIAN NATL RAILWAY CO 1.50 10.40 6.96 19.01 A A2 45.93 29.01
TA-T TRANSALTA CORP 1.47 2.95 8.82 51.97 BB+ Ba1 N-A N-A
L-T LOBLAW COMPANIES LTD 1.47 6.08 8.73 55.23 BBB N-A 41.33 22.76
RBA-T RITCHIE BROS AUCTIONEERS 1.47 5.86 5.31 -4.74 BB+ *- Ba2 54.12 40.47
AGI-T ALAMOS GOLD INC-CLASS A 1.41 36.89 44.33 -20.86 NR N-A 17.66 14.63
PRMW-T PRIMO WATER CORP 1.41 -1.07 -6.35 6.36 B B1 N-A 60.85
TRI-T THOMSON REUTERS CORP 1.33 0.39 -0.54 52.61 BBB Baa2 65.83 9.50
CCL-B-T CCL INDUSTRIES INC - CL B 1.30 15.16 14.08 9.17 BBB Baa2 24.29 19.27
MX-T METHANEX CORP 1.26 -27.21 -72.30 -10.95 BB Ba1 N-A 12.85
CVE-T CENOVUS ENERGY INC 0.91 -29.89 -58.00 97.37 BBB- Baa3 N-A 18.60
WFG-T WEST FRASER TIMBER CO LTD 0.90 26.30 12.50 37.46 BBB- Baa3 7.09 3.23
BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.90 7.19 1.80 39.79 A- Baa1 N-A 179.30
ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 18.98 25.21 N-A BBB Baa2 13.58 16.20
CP-T CANADIAN PACIFIC RAILWAY LTD 0.84 17.45 10.47 5.83 BBB+ N-A 19.60 18.82
WCN-T WASTE CONNECTIONS INC 0.68 9.26 3.05 31.61 BBB+ Baa2 97.66 49.76
TECK-B-T TECK RESOURCES LTD-CLS B 0.58 14.87 0.00 49.28 BBB- Baa3 N-A 10.13
DOL-T DOLLARAMA INC 0.34 8.77 12.44 7.98 BBB N-A 9.85 29.21
CCO-T CAMECO CORP 0.28 -27.52 0.00 78.74 BBB- N-A N-A N-A
SNC-T SNC-LAVALIN GROUP INC 0.25 -40.13 0.00 39.39 BB+ N-A N-A N-A
HBM-T HUDBAY MINERALS INC 0.23 0.00 0.00 3.15 B B2 N-A N-A
GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.11 N-A 32.36 33.45 B+ B1 N-A N-A
FM-T FIRST QUANTUM MINERALS LTD 0.03 -7.79 0.00 41.73 B N-A N-A 28.15
Source: Bloomberg
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