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 are helpful and credible, but recognize they are not sufficient grounds for actual market transactions on their own.
Investors should verify the data provided and investigate all cases where “N/As” 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 owing to differences in time frame used or method of calculation for after-tax income.
Data is as of 10:00 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 6.72 4.44 0.00 26.34 BBB- N-A 682.71 21.69 ENB-T ENBRIDGE INC 6.53 9.52 3.09 29.53 BBB+ Baa1 219.40 21.61 PPL-T PEMBINA PIPELINE CORP 6.34 5.76 0.00 25.13 BBB N-A N-A 15.25 GEI-T GIBSON ENERGY INC 5.80 1.18 2.94 34.11 BBB- Ba2 163.77 28.38 CPX-T CAPITAL POWER CORP 5.71 7.02 6.80 9.17 BBB- N-A 250.00 27.66 SPB-T SUPERIOR PLUS CORP 5.57 0.00 0.00 10.07 BB- N-A 168.31 N-A TRP-T TC ENERGY CORP 5.35 9.02 7.41 23.41 BBB+ Baa2 68.32 14.33 BCE-T BCE INC 5.31 5.09 5.11 25.93 BBB+ Baa2 132.54 20.37 CHP-UN-T CHOICE PROPERTIES REIT 5.12 1.31 0.00 16.63 BBB N-A 116.18 N-A CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.09 3.90 4.02 10.61 BBB N-A 216.91 34.02 IGM-T IGM FINANCIAL INC 5.09 0.00 0.00 34.84 A N-A 70.14 11.47 AQN-T ALGONQUIN POWER & UTILITIES 4.95 8.96 3.00 -15.19 BBB N-A 44.49 23.35 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.93 -26.77 0.00 4.42 BB N-A 28.98 5.70 RUS-T RUSSEL METALS INC 4.87 0.00 0.00 38.35 BB+ Ba2 385.71 6.33 CU-T CANADIAN UTILITIES LTD-A 4.85 6.24 1.01 22.04 A- N-A 131.95 22.11 SU-T SUNCOR ENERGY INC 4.59 -1.97 -4.11 72.92 BBB+ Baa1 N-A 18.77 GWO-T GREAT-WEST LIFECO INC 4.50 5.44 2.97 38.28 A+ N-A 55.23 7.71 POW-T POWER CORP OF CANADA 4.44 6.90 2.65 39.39 A+ N-A 58.13 8.51 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.44 -7.40 -31.43 31.40 BBB N-A N-A 14.02 BNS-T BANK OF NOVA SCOTIA 4.43 4.85 2.78 36.47 A+ N-A 46.54 11.48 T-T TELUS CORP 4.42 6.68 7.26 14.93 BBB+ Baa1 125.93 28.26 TCL-A-T TRANSCONTINENTAL INC-CL A 4.38 3.99 0.00 2.94 BBB- N-A 59.95 14.01 EMA-T EMERA INC 4.37 5.24 4.04 19.10 BBB Baa3 64.93 20.84 ACO-X-T ATCO LTD -CLASS I 4.32 9.48 3.01 21.85 A- N-A 79.02 48.01 MFC-T MANULIFE FINANCIAL CORP 4.31 9.60 4.46 15.35 A N-A 38.05 7.51 INE-T INNERGEX RENEWABLE ENERGY 4.12 2.38 0.00 -38.29 NR N-A N-A N-A LB-T LAURENTIAN BANK OF CANADA 4.10 -7.26 -12.30 43.75 BBB N-A 154.91 9.10 CM-T CAN IMPERIAL BK OF COMMERCE 4.07 4.36 2.57 49.75 A+ N-A 41.81 10.86 ALA-T ALTAGAS LTD 4.06 -13.30 3.41 42.24 BBB- N-A 55.14 17.84 QSR-T RESTAURANT BRANDS INTERN 4.00 26.88 -3.48 -5.30 BB N-A 129.25 18.25 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.99 2.52 3.04 24.16 N-A Baa2 41.02 15.32 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.75 -0.70 -12.50 -27.20 BBB+ N-A N-A N-A BMO-T BANK OF MONTREAL 3.69 4.51 0.00 52.24 A+ N-A 36.56 11.48 CAS-T CASCADES INC 3.63 20.11 25.00 -11.27 BB- Ba2 15.50 35.31 FTS-T FORTIS INC 3.60 6.10 5.81 19.25 A- Baa3 75.68 22.57 CNQ-T CANADIAN NATURAL RESOURCES 3.56 16.27 17.50 133.16 BBB- Baa2 N-A 16.77 TD-T TORONTO-DOMINION BANK 3.55 8.18 3.16 40.96 AA- N-A 40.86 12.88 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.48 4.52 -3.77 14.89 BBB+ N-A 410.70 23.20 NA-T NATIONAL BANK OF CANADA 3.48 6.40 5.63 39.85 A N-A 31.36 11.11 ITP-T INTERTAPE POLYMER GROUP INC 3.46 3.15 1.72 9.78 BB- Ba2 48.69 13.21 NPI-T NORTHLAND POWER INC 3.39 2.13 0.00 -21.94 BBB N-A 62.34 121.05 RY-T ROYAL BANK OF CANADA 3.38 6.24 2.78 39.75 AA- N-A 39.02 12.83 H-T HYDRO ONE LTD 3.29 1.65 5.01 12.53 A- N-A 33.84 19.99 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.27 4.22 3.31 29.32 N-A (P)Baa2 38.32 120.36 SJR-B-T SHAW COMMUNICATIONS INC-B 3.13 0.00 0.00 76.06 BBB- Baa2 *- 61.07 18.50 CIX-T CI FINANCIAL CORP 3.13 -12.01 0.00 45.73 BBB Baa2 32.63 9.30 SLF-T SUN LIFE FINANCIAL INC 3.12 7.35 5.00 21.85 A+ WR (hyb) 53.54 11.32 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.08 0.82 0.00 13.87 BBB+ *- Baa1 *- 64.82 18.40 AEM-T AGNICO EAGLE MINES LTD 3.03 29.77 39.36 -31.77 NR Baa2 44.72 17.98 YRI-T YAMANA GOLD INC 3.00 40.20 48.02 -13.19 BB+ Baa3 26.03 15.24 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.97 15.23 5.18 6.00 BBB N-A 9.52 9.39 CCA-T COGECO COMMUNICATIONS INC 2.87 10.40 10.25 -7.95 BB+ N-A 30.22 11.08 NTR-T NUTRIEN LTD 2.66 N-A -4.38 37.32 BBB Baa2 223.39 18.75 FTT-T FINNING INTERNATIONAL INC 2.65 3.33 4.88 25.79 BBB+ N-A 57.01 16.94 SAP-T SAPUTO INC 2.62 4.49 2.90 -19.20 N-A Baa1 45.54 24.47 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.46 -12.86 -47.59 22.14 BBB- Baa3 7017.98 13.49 EFN-T ELEMENT FLEET MANAGEMENT COR 2.45 22.20 36.25 6.77 BBB N-A 35.79 17.07 IAG-T IA FINANCIAL CORP INC 2.40 10.54 7.22 43.19 A N-A 33.99 N-A K-T KINROSS GOLD CORP 2.31 N-A 90.58 -24.05 BBB- Baa3 0.00 9.92 MG-T MAGNA INTERNATIONAL INC 2.20 10.33 0.42 8.98 A- A3 61.69 11.42 IFC-T INTACT FINANCIAL CORP 2.14 7.94 2.41 21.41 N-A Baa1 46.12 15.03 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.04 -0.88 -1.30 32.05 BBB- Baa3 151.65 33.73 IMO-T IMPERIAL OIL LTD 2.01 11.79 17.05 121.93 AA- N-A N-A 76.14 ABX-T BARRICK GOLD CORP 1.96 55.94 137.59 -14.86 BBB Baa1 25.25 16.24 OTEX-T OPEN TEXT CORP 1.96 12.49 10.03 -0.68 BB+ Ba1 68.16 37.38 CNR-T CANADIAN NATL RAILWAY CO 1.94 10.40 6.96 15.38 A A2 35.63 25.49 GSY-T GOEASY LTD 1.92 39.48 46.67 44.12 BB- Ba3 17.51 9.58 RBA-T RITCHIE BROS AUCTIONEERS 1.74 5.86 5.31 -4.29 BB+ *- Ba2 54.12 34.11 MRU-T METRO INC/CN 1.63 12.30 11.11 21.73 BBB N-A 29.91 19.88 TRI-T THOMSON REUTERS CORP 1.56 0.39 -0.54 26.61 BBB Baa2 65.83 8.04 AGI-T ALAMOS GOLD INC-CLASS A 1.51 36.89 44.33 -16.84 NR N-A 17.66 13.60 L-T LOBLAW COMPANIES LTD 1.49 6.33 9.38 57.74 BBB N-A 41.33 22.39 TA-T TRANSALTA CORP 1.47 2.95 8.82 22.36 BB+ Ba1 N-A N-A PRMW-T PRIMO WATER CORP 1.45 -1.07 -6.35 6.26 B B1 N-A 58.81 CCL-B-T CCL INDUSTRIES INC - CL B 1.29 16.00 16.67 10.57 BBB Baa2 24.29 19.44 MX-T METHANEX CORP 1.07 -22.26 -37.04 35.29 BB Ba1 5.11 7.85 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.99 7.19 1.80 34.05 A- Baa1 N-A 161.09 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 18.98 25.21 N-A BBB Baa2 13.58 N-A WFG-T WEST FRASER TIMBER CO LTD 0.89 27.84 19.51 39.14 BBB- Baa3 7.09 3.29 CP-T CANADIAN PACIFIC RAILWAY LTD 0.84 15.48 6.74 3.17 BBB+ N-A 18.11 18.42 CVE-T CENOVUS ENERGY INC 0.75 -15.24 -30.00 150.29 BBB- Baa3 N-A 22.61 WCN-T WASTE CONNECTIONS INC 0.74 9.26 3.05 22.08 BBB+ Baa2 97.66 45.20 TECK-B-T TECK RESOURCES LTD-CLS B 0.52 14.87 0.00 58.04 BBB- Baa3 N-A 11.32 CCO-T CAMECO CORP 0.34 -27.52 0.00 42.46 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.32 8.58 12.40 23.94 BBB N-A 9.85 31.61 SNC-T SNC-LAVALIN GROUP INC 0.31 -40.13 0.00 20.59 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.22 0.00 0.00 18.30 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.14 N-A 2.70 6.21 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 -7.79 0.00 37.41 B N-A N-A 28.84
Source: Bloomberg
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Scott Barlow