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 10:45 a.m. ET on Thursday.
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 6.29 9.52 3.09 27.99 BBB+ Baa1 219.40 22.45 KEY-T KEYERA CORP 6.28 4.44 0.00 29.62 BBB- N-A 682.71 23.22 PPL-T PEMBINA PIPELINE CORP 6.02 5.76 0.00 25.96 BBB N-A N-A 16.08 GEI-T GIBSON ENERGY INC 5.83 1.18 2.94 23.38 BBB- Ba2 163.77 28.24 BCE-T BCE INC 5.51 5.09 5.11 27.00 BBB+ Baa2 117.09 20.80 SPB-T SUPERIOR PLUS CORP 5.47 0.00 0.00 7.09 BB- N-A 168.31 N-A CPX-T CAPITAL POWER CORP 5.42 7.02 6.80 13.26 BBB- N-A 250.00 29.12 TRP-T TC ENERGY CORP 5.28 9.02 7.41 28.34 BBB+ Baa2 68.32 14.53 CHP-UN-T CHOICE PROPERTIES REIT 5.10 1.31 0.00 18.53 BBB N-A 116.18 N-A CU-T CANADIAN UTILITIES LTD-A 4.97 5.77 1.01 18.52 A- N-A 131.95 21.59 IGM-T IGM FINANCIAL INC 4.86 0.00 0.00 35.39 A N-A 70.14 12.01 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.83 3.90 4.02 16.65 BBB N-A 216.91 35.86 AQN-T ALGONQUIN POWER & UTILITIES 4.82 8.96 3.00 -14.89 BBB N-A 44.49 24.16 GWO-T GREAT-WEST LIFECO INC 4.81 5.44 2.97 39.42 A+ N-A 55.23 22.47 MFC-T MANULIFE FINANCIAL CORP 4.74 9.60 4.46 18.77 A N-A 32.98 14.56 RUS-T RUSSEL METALS INC 4.59 0.00 0.00 31.45 BB+ Ba2 385.71 6.73 SU-T SUNCOR ENERGY INC 4.53 -1.97 -4.11 67.22 BBB+ Baa1 37.96 13.88 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.51 -26.77 0.00 9.78 BB N-A 28.98 6.22 EMA-T EMERA INC 4.45 4.95 4.00 20.31 BBB Baa3 64.93 20.48 ACO-X-T ATCO LTD -CLASS I 4.35 9.48 3.01 16.91 A- N-A 79.02 47.68 BNS-T BANK OF NOVA SCOTIA 4.26 4.85 2.78 39.02 A+ N-A 46.54 11.93 TCL-A-T TRANSCONTINENTAL INC-CL A 4.22 3.99 0.00 2.42 BBB- N-A 59.95 14.53 POW-T POWER CORP OF CANADA 4.19 6.90 2.65 45.93 A+ N-A 58.13 9.02 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.14 -7.40 -31.43 36.10 BBB N-A N-A 10.17 T-T TELUS CORP 4.14 6.68 7.26 22.22 BBB+ Baa1 125.93 29.71 AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.09 2.52 3.04 22.47 N-A Baa2 48.86 24.18 LB-T LAURENTIAN BANK OF CANADA 3.98 -7.26 -12.30 40.73 BBB N-A 154.91 9.37 CM-T CAN IMPERIAL BK OF COMMERCE 3.90 4.36 2.57 52.11 A+ N-A 41.81 11.31 ALA-T ALTAGAS LTD 3.77 -13.30 3.41 47.47 BBB- N-A 55.14 19.21 QSR-T RESTAURANT BRANDS INTERN 3.72 26.88 -3.48 -0.04 BB N-A 129.25 19.76 SLF-T SUN LIFE FINANCIAL INC 3.70 7.35 5.00 19.69 A+ WR (hyb) 34.38 10.90 CAS-T CASCADES INC 3.69 20.11 25.00 -18.97 BB- Ba2 15.50 34.77 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.69 -0.70 -12.50 -23.88 BBB+ N-A N-A N-A FTS-T FORTIS INC 3.59 6.10 5.81 19.43 A- Baa3 75.68 22.67 CNQ-T CANADIAN NATURAL RESOURCES 3.56 16.27 17.50 109.23 BBB- Baa2 N-A 16.77 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.53 4.52 -3.77 20.65 BBB+ N-A 108.86 36.94 BMO-T BANK OF MONTREAL 3.49 5.57 6.37 62.24 A+ N-A 36.56 12.16 ITP-T INTERTAPE POLYMER GROUP INC 3.44 3.15 1.72 8.96 BB- Ba2 48.69 13.39 NA-T NATIONAL BANK OF CANADA 3.34 6.40 5.63 47.68 A N-A 31.36 11.58 NPI-T NORTHLAND POWER INC 3.30 2.13 0.00 -24.02 BBB N-A 62.34 124.40 TD-T TORONTO-DOMINION BANK 3.29 8.18 3.16 49.61 AA- N-A 40.86 13.88 RY-T ROYAL BANK OF CANADA 3.27 6.24 2.78 43.40 AA- N-A 39.02 13.26 H-T HYDRO ONE LTD 3.25 1.65 5.01 16.83 A- N-A 33.84 20.21 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.19 4.22 3.31 30.68 N-A (P)Baa2 38.32 123.40 SJR-B-T SHAW COMMUNICATIONS INC-B 3.14 0.00 0.00 73.26 BBB- Baa2 *- 61.07 18.46 CIX-T CI FINANCIAL CORP 3.04 -12.01 0.00 40.86 BBB Baa2 32.63 9.58 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.03 0.82 0.00 16.82 BBB+ *- Baa1 *- 64.82 18.73 AEM-T AGNICO EAGLE MINES LTD 2.87 29.77 39.36 -31.04 NR Baa2 44.72 19.13 YRI-T YAMANA GOLD INC 2.84 40.20 48.02 -11.45 BB+ Baa3 26.03 16.19 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.78 15.23 5.18 10.10 BBB N-A 9.52 10.03 CCA-T COGECO COMMUNICATIONS INC 2.66 10.40 10.25 -5.66 BB+ N-A 30.22 11.98 SAP-T SAPUTO INC 2.57 4.49 2.90 -23.53 N-A Baa1 45.54 24.91 IMO-T IMPERIAL OIL LTD 2.46 11.79 17.05 118.97 AA- N-A 29.41 16.09 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.42 -12.86 -47.59 24.41 BBB- Baa3 20.57 15.14 FTT-T FINNING INTERNATIONAL INC 2.40 3.33 4.88 27.95 BBB+ N-A 9.96 17.05 EFN-T ELEMENT FLEET MANAGEMENT COR 2.40 22.20 36.25 7.29 BBB N-A 35.79 17.39 NTR-T NUTRIEN LTD 2.39 N-A -4.38 44.47 BBB Baa2 223.39 21.06 IAG-T IA FINANCIAL CORP INC 2.29 10.54 7.22 39.26 A N-A 33.99 N-A IFC-T INTACT FINANCIAL CORP 2.14 7.94 2.41 25.44 N-A Baa1 27.42 15.15 K-T KINROSS GOLD CORP 2.14 N-A 90.58 -21.41 BBB- Baa3 0.00 10.81 MG-T MAGNA INTERNATIONAL INC 2.06 10.33 0.42 10.76 A- A3 61.69 12.30 OTEX-T OPEN TEXT CORP 1.92 12.49 10.03 -4.43 BB+ Ba1 68.16 24.78 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.90 -0.88 -1.30 35.13 BBB- Baa3 151.65 34.58 CNR-T CANADIAN NATL RAILWAY CO 1.86 10.40 6.96 18.49 A A2 35.63 26.61 ABX-T BARRICK GOLD CORP 1.84 55.94 137.59 -9.01 BBB Baa1 25.25 17.46 TRI-T THOMSON REUTERS CORP 1.69 0.39 -0.54 29.67 BBB Baa2 14.40 9.39 RBA-T RITCHIE BROS AUCTIONEERS 1.64 6.51 8.67 8.76 BB+ *- Ba2 54.12 36.23 MRU-T METRO INC/CN 1.63 12.85 10.81 26.22 BBB N-A 29.91 19.99 GSY-T GOEASY LTD 1.55 39.48 46.67 58.30 BB- Ba3 17.51 11.87 PRMW-T PRIMO WATER CORP 1.49 -1.07 -6.35 -5.55 B B1 N-A 57.91 TA-T TRANSALTA CORP 1.47 2.95 8.82 17.75 BB+ Ba1 N-A N-A L-T LOBLAW COMPANIES LTD 1.44 6.33 9.38 65.75 BBB N-A 41.33 23.24 CCL-B-T CCL INDUSTRIES INC - CL B 1.29 16.00 16.67 0.45 BBB Baa2 24.29 19.48 MX-T METHANEX CORP 0.98 -22.26 -37.04 28.07 BB Ba1 5.11 8.59 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.91 7.19 1.80 52.33 A- Baa1 N-A N-A 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 0.82 15.48 6.74 4.25 BBB+ N-A 18.11 18.80 WFG-T WEST FRASER TIMBER CO LTD 0.81 27.84 19.51 41.48 BBB- Baa3 7.09 3.62 WCN-T WASTE CONNECTIONS INC 0.73 9.26 3.05 26.62 BBB+ Baa2 97.66 46.29 CVE-T CENOVUS ENERGY INC 0.73 -15.24 40.00 129.05 BBB- Baa3 29.98 23.25 TECK-B-T TECK RESOURCES LTD-CLS B 0.43 14.87 0.00 89.39 BBB- Baa3 N-A 13.79 CCO-T CAMECO CORP 0.40 -27.52 0.00 42.84 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.30 8.58 12.40 38.52 BBB N-A 9.85 33.99 SNC-T SNC-LAVALIN GROUP INC 0.26 -40.13 0.00 20.96 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.19 0.00 0.00 25.90 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.13 N-A 2.70 15.19 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 -7.79 0.00 54.03 B N-A N-A 36.37
Source: Bloomberg
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