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 7.26 9.52 3.09 20.44 BBB+ Baa1 219.40 19.44
KEY-T KEYERA CORP 6.95 4.65 0.00 26.01 BBB- N-A 682.71 20.97
PPL-T PEMBINA PIPELINE CORP 6.67 5.92 0.40 24.94 BBB N-A N-A 14.50
GEI-T GIBSON ENERGY INC 6.38 1.19 2.96 8.88 BBB- Ba2 163.77 25.80
TRP-T TC ENERGY CORP 5.95 9.08 7.55 11.64 BBB+ Baa2 68.32 12.87
SU-T SUNCOR ENERGY INC 5.67 -1.97 -4.11 37.53 BBB+ Baa1 N-A 15.19
SPB-T SUPERIOR PLUS CORP 5.62 0.00 0.00 7.96 BB- N-A 168.31 N-A
CPX-T CAPITAL POWER CORP 5.60 7.02 6.79 16.99 BBB- N-A 250.00 28.20
CJR-B-T CORUS ENTERTAINMENT INC-B SH 5.43 -26.77 0.00 12.57 BB N-A 28.98 5.05
BCE-T BCE INC 5.33 5.09 5.11 25.43 BBB+ Baa2 132.54 20.31
CHP-UN-T CHOICE PROPERTIES REIT 5.07 1.56 0.00 14.59 BBB N-A 116.18 N-A
CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.98 3.84 3.60 13.41 BBB N-A 216.91 34.85
AQN-T ALGONQUIN POWER & UTILITIES 4.94 8.85 2.28 -10.75 BBB N-A 44.49 23.33
IGM-T IGM FINANCIAL INC 4.91 0.00 0.00 36.97 A N-A 70.14 11.88
CU-T CANADIAN UTILITIES LTD-A 4.84 6.24 1.01 22.18 A- N-A 131.95 21.95
MFC-T MANULIFE FINANCIAL CORP 4.82 9.60 4.46 8.61 A N-A 38.05 6.73
CNQ-T CANADIAN NATURAL RESOURCES 4.74 16.27 17.50 65.90 BBB- Baa2 N-A 12.59
GWO-T GREAT-WEST LIFECO INC 4.65 5.44 2.97 33.20 A+ N-A 55.23 7.46
RUS-T RUSSEL METALS INC 4.65 0.00 0.00 54.27 BB+ Ba2 385.71 6.64
BNS-T BANK OF NOVA SCOTIA 4.61 4.56 0.00 33.70 A+ N-A 46.54 11.05
TCL-A-T TRANSCONTINENTAL INC-CL A 4.51 4.42 0.56 -4.33 BBB- N-A 59.95 13.62
CM-T CAN IMPERIAL BK OF COMMERCE 4.42 4.22 0.34 36.61 A+ N-A 41.81 9.99
T-T TELUS CORP 4.42 6.68 7.26 21.97 BBB+ Baa1 125.93 28.28
LB-T LAURENTIAN BANK OF CANADA 4.41 -7.48 -25.23 30.33 BBB N-A 154.91 8.46
REI-UN-T RIOCAN REAL ESTATE INVST TR 4.32 -6.64 -30.56 32.06 BBB N-A N-A 14.40
POW-T POWER CORP OF CANADA 4.21 6.34 2.43 51.20 A+ N-A 58.13 8.98
ACO-X-T ATCO LTD -CLASS I 4.21 9.48 3.01 20.53 A- N-A 79.02 47.86
EMA-T EMERA INC 4.20 5.24 4.04 21.32 BBB Baa3 64.93 21.65
INE-T INNERGEX RENEWABLE ENERGY 3.99 2.54 0.70 -26.19 NR N-A N-A N-A
BMO-T BANK OF MONTREAL 3.98 4.51 0.00 41.98 A+ N-A 36.56 10.65
ALA-T ALTAGAS LTD 3.97 -13.12 4.12 49.19 BBB- N-A 55.14 18.26
AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.91 2.49 3.08 15.04 N-A Baa2 41.02 15.21
TD-T TORONTO-DOMINION BANK 3.80 7.91 1.61 35.39 AA- N-A 40.86 12.03
QSR-T RESTAURANT BRANDS INTERN 3.70 26.69 -3.95 -4.30 BB N-A 129.25 19.38
RY-T ROYAL BANK OF CANADA 3.66 5.92 0.70 30.35 AA- N-A 39.02 11.86
NA-T NATIONAL BANK OF CANADA 3.62 5.43 0.00 37.95 A N-A 31.36 10.70
BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.55 4.52 -3.77 16.94 BBB+ N-A 410.70 22.66
CAS-T CASCADES INC 3.55 20.11 25.00 -6.49 BB- Ba2 15.50 36.14
FTS-T FORTIS INC 3.54 6.10 5.81 17.83 A- Baa3 75.68 22.99
BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.46 -0.70 -12.50 -7.59 BBB+ N-A N-A N-A
RCI-B-T ROGERS COMMUNICATIONS INC-B 3.43 0.82 0.00 1.51 BBB+ *- Baa1 *- 63.44 16.43
ITP-T INTERTAPE POLYMER GROUP INC 3.41 3.15 1.72 -1.81 BB- Ba2 48.69 13.35
LUN-T LUNDIN MINING CORP 3.34 N-A 143.75 8.09 NR N-A 69.58 9.36
H-T HYDRO ONE LTD 3.29 1.65 5.01 16.96 A- N-A 33.84 20.01
NPI-T NORTHLAND POWER INC 3.21 2.13 0.00 -11.29 BBB N-A 62.34 127.68
SLF-T SUN LIFE FINANCIAL INC 3.19 7.35 5.00 25.78 A+ WR (hyb) 53.54 11.07
SJR-B-T SHAW COMMUNICATIONS INC-B 3.18 0.00 0.00 70.97 BBB- Baa2 *- 61.07 18.83
CTC-A-T CANADIAN TIRE CORP-CLASS A 2.98 15.36 3.30 7.60 BBB N-A 9.52 9.35
GRT-UN-T GRANITE REAL ESTATE INVESTME 2.94 4.54 3.31 33.83 N-A (P)Baa2 38.32 129.74
YRI-T YAMANA GOLD INC 2.93 28.02 81.68 -28.31 BB+ Baa3 26.03 15.53
FTT-T FINNING INTERNATIONAL INC 2.92 3.33 4.88 12.94 BBB+ N-A 57.01 15.40
CCA-T COGECO COMMUNICATIONS INC 2.89 10.41 10.29 1.08 BB+ N-A 30.22 11.42
CIX-T CI FINANCIAL CORP 2.72 -11.88 0.00 69.68 BBB Baa2 32.63 10.72
IAG-T IA FINANCIAL CORP INC 2.71 10.54 7.22 32.44 A N-A 33.99 N-A
AEM-T AGNICO EAGLE MINES LTD 2.69 29.77 39.36 -26.42 NR Baa2 44.72 20.20
SAP-T SAPUTO INC 2.56 4.49 3.65 -19.74 N-A Baa1 45.54 25.05
IMO-T IMPERIAL OIL LTD 2.55 11.79 17.05 78.23 AA- N-A N-A 60.02
NTR-T NUTRIEN LTD 2.54 N-A -5.45 55.03 BBB Baa2 223.39 19.55
EFN-T ELEMENT FLEET MANAGEMENT COR 2.45 21.06 44.44 -0.33 BBB N-A 35.79 17.07
FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.40 -11.47 -45.62 28.22 BBB- Baa3 7017.98 13.81
IFC-T INTACT FINANCIAL CORP 2.24 7.94 2.41 9.57 N-A Baa1 46.12 14.36
MG-T MAGNA INTERNATIONAL INC 2.21 10.33 0.42 21.33 A- A3 61.69 11.33
FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.15 -2.74 -2.99 39.51 BBB- Baa3 151.65 32.25
K-T KINROSS GOLD CORP 2.13 N-A 90.58 -23.41 BBB- Baa3 0.00 10.71
OTEX-T OPEN TEXT CORP 1.91 12.49 10.03 3.92 BB+ Ba1 68.16 38.21
ABX-T BARRICK GOLD CORP 1.90 55.94 137.59 -16.43 BBB Baa1 25.25 16.65
RBA-T RITCHIE BROS AUCTIONEERS 1.57 5.86 5.31 -4.29 BB+ *- Ba2 54.12 37.54
GSY-T GOEASY LTD 1.53 38.61 46.39 77.07 BB- Ba3 17.51 12.06
CNR-T CANADIAN NATL RAILWAY CO 1.50 10.40 6.96 17.78 A A2 45.93 28.99
MRU-T METRO INC/CN 1.48 12.30 11.11 19.28 BBB N-A 29.91 20.51
TA-T TRANSALTA CORP 1.47 2.95 8.82 52.08 BB+ Ba1 N-A N-A
L-T LOBLAW COMPANIES LTD 1.42 6.33 9.38 62.25 BBB N-A 41.33 23.63
PRMW-T PRIMO WATER CORP 1.37 -1.07 -6.35 11.05 B B1 N-A 61.93
TRI-T THOMSON REUTERS CORP 1.37 0.39 -0.54 47.46 BBB Baa2 65.83 9.12
AGI-T ALAMOS GOLD INC-CLASS A 1.35 36.89 44.33 -23.36 NR N-A 17.66 15.16
MX-T METHANEX CORP 1.25 -22.26 -37.04 -8.32 BB Ba1 N-A 12.90
CCL-B-T CCL INDUSTRIES INC - CL B 1.25 16.00 16.67 11.24 BBB Baa2 24.29 20.00
CVE-T CENOVUS ENERGY INC 0.95 -15.24 -30.00 95.03 BBB- Baa3 N-A 17.66
BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.90 7.19 1.80 43.96 A- Baa1 N-A 175.98
WFG-T WEST FRASER TIMBER CO LTD 0.90 26.30 12.50 35.62 BBB- Baa3 7.09 3.21
ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 18.98 25.21 N-A BBB Baa2 13.58 16.06
CP-T CANADIAN PACIFIC RAILWAY LTD 0.82 17.45 10.47 7.67 BBB+ N-A 19.60 19.34
WCN-T WASTE CONNECTIONS INC 0.68 9.26 3.05 29.24 BBB+ Baa2 97.66 48.68
TECK-B-T TECK RESOURCES LTD-CLS B 0.58 14.87 0.00 50.21 BBB- Baa3 N-A 10.19
DOL-T DOLLARAMA INC 0.32 8.77 12.44 14.70 BBB N-A 9.85 30.89
CCO-T CAMECO CORP 0.29 -27.52 0.00 65.77 BBB- N-A N-A N-A
SNC-T SNC-LAVALIN GROUP INC 0.27 -40.13 0.00 36.16 BB+ N-A N-A N-A
HBM-T HUDBAY MINERALS INC 0.24 0.00 0.00 -5.57 B B2 N-A N-A
GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.12 N-A 32.36 28.48 B+ B1 N-A N-A
FM-T FIRST QUANTUM MINERALS LTD 0.04 -7.79 0.00 26.72 B N-A N-A 26.47
Source: Bloomberg
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