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 11:30 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 6.28 9.52 3.09 29.64 BBB+ Baa1 219.40 22.46 KEY-T KEYERA CORP 6.28 4.44 0.00 26.87 BBB- N-A 682.71 23.23 PPL-T PEMBINA PIPELINE CORP 6.08 5.76 0.00 26.72 BBB N-A N-A 15.90 GEI-T GIBSON ENERGY INC 5.73 1.18 2.94 23.85 BBB- Ba2 163.77 28.75 CPX-T CAPITAL POWER CORP 5.58 7.02 6.80 12.06 BBB- N-A 250.00 28.28 SPB-T SUPERIOR PLUS CORP 5.55 0.00 0.00 9.17 BB- N-A 168.31 N-A BCE-T BCE INC 5.43 5.09 5.11 27.90 BBB+ Baa2 117.09 21.11 TRP-T TC ENERGY CORP 5.39 9.02 7.41 23.90 BBB+ Baa2 68.32 14.22 CHP-UN-T CHOICE PROPERTIES REIT 5.09 1.31 0.00 17.40 BBB N-A 116.18 N-A IGM-T IGM FINANCIAL INC 5.04 0.00 0.00 29.53 A N-A 70.14 11.58 CU-T CANADIAN UTILITIES LTD-A 4.97 5.77 1.01 18.72 A- N-A 131.95 21.61 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.94 3.90 4.02 14.83 BBB N-A 216.91 35.08 AQN-T ALGONQUIN POWER & UTILITIES 4.88 8.96 3.00 -16.00 BBB N-A 44.49 23.67 RUS-T RUSSEL METALS INC 4.72 0.00 0.00 35.69 BB+ Ba2 385.71 6.53 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.68 -26.77 0.00 8.00 BB N-A 28.98 6.00 SU-T SUNCOR ENERGY INC 4.54 -1.97 -4.11 74.84 BBB+ Baa1 37.96 13.84 EMA-T EMERA INC 4.44 4.95 4.00 19.38 BBB Baa3 64.93 20.51 ACO-X-T ATCO LTD -CLASS I 4.37 9.48 3.01 16.95 A- N-A 79.02 47.46 GWO-T GREAT-WEST LIFECO INC 4.35 5.44 2.97 41.44 A+ N-A 55.23 7.98 TCL-A-T TRANSCONTINENTAL INC-CL A 4.32 3.99 0.00 2.09 BBB- N-A 59.95 14.21 BNS-T BANK OF NOVA SCOTIA 4.30 4.85 2.78 39.35 A+ N-A 46.54 11.84 POW-T POWER CORP OF CANADA 4.29 6.90 2.65 43.91 A+ N-A 58.13 8.81 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.27 -7.40 -31.43 32.45 BBB N-A N-A 14.55 T-T TELUS CORP 4.26 6.68 7.26 20.08 BBB+ Baa1 125.93 29.32 MFC-T MANULIFE FINANCIAL CORP 4.25 9.60 4.46 15.00 A N-A 38.05 7.62 INE-T INNERGEX RENEWABLE ENERGY 4.10 2.38 0.00 -37.34 NR N-A N-A N-A AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.08 2.52 3.04 17.54 N-A Baa2 48.86 24.20 ALA-T ALTAGAS LTD 4.01 -13.30 3.41 39.73 BBB- N-A 55.14 18.06 LB-T LAURENTIAN BANK OF CANADA 3.96 -7.26 -12.30 46.30 BBB N-A 154.91 9.41 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.96 -0.70 -12.50 -28.12 BBB+ N-A N-A N-A CM-T CAN IMPERIAL BK OF COMMERCE 3.93 4.36 2.57 51.71 A+ N-A 41.81 11.23 QSR-T RESTAURANT BRANDS INTERN 3.90 26.88 -3.48 -4.63 BB N-A 129.25 18.71 CAS-T CASCADES INC 3.73 20.11 25.00 -16.82 BB- Ba2 15.50 34.40 BMO-T BANK OF MONTREAL 3.60 5.57 6.37 56.17 A+ N-A 36.56 11.77 FTS-T FORTIS INC 3.58 6.10 5.81 19.56 A- Baa3 75.68 22.73 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.56 4.52 -3.77 14.80 BBB+ N-A 108.86 36.26 ITP-T INTERTAPE POLYMER GROUP INC 3.51 3.15 1.72 8.00 BB- Ba2 48.69 13.02 CNQ-T CANADIAN NATURAL RESOURCES 3.44 16.27 17.50 125.92 BBB- Baa2 N-A 17.39 NPI-T NORTHLAND POWER INC 3.40 2.13 0.00 -25.68 BBB N-A 62.34 120.76 NA-T NATIONAL BANK OF CANADA 3.39 6.40 5.63 45.30 A N-A 31.36 11.41 TD-T TORONTO-DOMINION BANK 3.37 8.18 3.16 46.71 AA- N-A 40.86 13.55 RY-T ROYAL BANK OF CANADA 3.28 6.24 2.78 42.30 AA- N-A 39.02 13.20 H-T HYDRO ONE LTD 3.26 1.65 5.01 13.03 A- N-A 33.84 20.14 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.15 4.22 3.31 33.70 N-A (P)Baa2 38.32 125.10 SJR-B-T SHAW COMMUNICATIONS INC-B 3.15 0.00 0.00 73.19 BBB- Baa2 *- 61.07 18.43 CIX-T CI FINANCIAL CORP 3.11 -12.01 0.00 37.49 BBB Baa2 32.63 9.37 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.06 0.82 0.00 13.98 BBB+ *- Baa1 *- 64.82 18.57 SLF-T SUN LIFE FINANCIAL INC 3.03 7.35 5.00 23.26 A+ WR (hyb) 53.54 11.69 YRI-T YAMANA GOLD INC 2.98 40.20 48.02 -13.28 BB+ Baa3 26.03 15.30 AEM-T AGNICO EAGLE MINES LTD 2.92 29.77 39.36 -28.11 NR Baa2 44.72 18.73 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.82 15.23 5.18 8.56 BBB N-A 9.52 9.87 CCA-T COGECO COMMUNICATIONS INC 2.74 10.40 10.25 -4.12 BB+ N-A 30.22 11.65 FTT-T FINNING INTERNATIONAL INC 2.62 3.33 4.88 23.83 BBB+ N-A 57.01 17.20 NTR-T NUTRIEN LTD 2.56 N-A -4.38 41.39 BBB Baa2 223.39 19.51 SAP-T SAPUTO INC 2.54 4.49 2.90 -17.85 N-A Baa1 45.54 25.24 IMO-T IMPERIAL OIL LTD 2.49 11.79 17.05 116.66 AA- N-A 29.41 15.88 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.45 -12.86 -47.59 23.48 BBB- Baa3 7017.98 13.53 EFN-T ELEMENT FLEET MANAGEMENT COR 2.44 22.20 36.25 3.68 BBB N-A 35.79 17.15 IAG-T IA FINANCIAL CORP INC 2.35 10.54 7.22 43.86 A N-A 33.99 N-A K-T KINROSS GOLD CORP 2.22 N-A 90.58 -21.27 BBB- Baa3 0.00 10.35 MG-T MAGNA INTERNATIONAL INC 2.17 10.33 0.42 4.44 A- A3 61.69 11.57 IFC-T INTACT FINANCIAL CORP 2.09 7.94 2.41 22.44 N-A Baa1 46.12 15.41 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.98 -0.88 -1.30 40.48 BBB- Baa3 151.65 34.73 OTEX-T OPEN TEXT CORP 1.95 12.49 10.03 -4.15 BB+ Ba1 68.16 24.51 CNR-T CANADIAN NATL RAILWAY CO 1.88 10.40 6.96 18.64 A A2 35.63 26.35 ABX-T BARRICK GOLD CORP 1.87 55.94 137.59 -9.26 BBB Baa1 25.25 17.04 GSY-T GOEASY LTD 1.75 39.48 46.67 49.97 BB- Ba3 17.51 10.54 RBA-T RITCHIE BROS AUCTIONEERS 1.65 5.86 5.31 3.81 BB+ *- Ba2 54.12 35.76 MRU-T METRO INC/CN 1.62 12.30 11.11 25.43 BBB N-A 29.91 20.06 PRMW-T PRIMO WATER CORP 1.53 -1.07 -6.35 -7.55 B B1 N-A 55.86 TRI-T THOMSON REUTERS CORP 1.52 0.39 -0.54 26.69 BBB Baa2 65.83 8.25 TA-T TRANSALTA CORP 1.47 2.95 8.82 20.82 BB+ Ba1 N-A N-A L-T LOBLAW COMPANIES LTD 1.45 6.33 9.38 64.75 BBB N-A 41.33 23.09 CCL-B-T CCL INDUSTRIES INC - CL B 1.31 16.00 16.67 6.31 BBB Baa2 24.29 19.23 MX-T METHANEX CORP 1.04 -22.26 -37.04 33.10 BB Ba1 5.11 8.07 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.96 7.19 1.80 35.49 A- Baa1 N-A 167.15 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 18.98 25.21 N-A BBB Baa2 13.58 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.84 15.48 6.74 1.40 BBB+ N-A 18.11 18.31 WFG-T WEST FRASER TIMBER CO LTD 0.84 27.84 19.51 43.13 BBB- Baa3 7.09 3.49 WCN-T WASTE CONNECTIONS INC 0.73 9.26 3.05 25.06 BBB+ Baa2 97.66 46.01 CVE-T CENOVUS ENERGY INC 0.71 -15.24 40.00 147.40 BBB- Baa3 N-A 23.88 TECK-B-T TECK RESOURCES LTD-CLS B 0.48 14.87 0.00 80.74 BBB- Baa3 N-A 12.26 CCO-T CAMECO CORP 0.32 -27.52 0.00 45.38 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.30 8.58 12.40 29.94 BBB N-A 9.85 33.04 SNC-T SNC-LAVALIN GROUP INC 0.27 -40.13 0.00 29.29 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.21 0.00 0.00 21.52 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.14 N-A 2.70 1.80 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.31 9.56 15.77 20.08 B N-A N-A 31.35
Source: Bloomberg
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