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 10:30 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 KEY-T KEYERA CORP 6.61 4.34 0.00 21.96 BBB- N-A 130.89 16.05 ENB-T ENBRIDGE INC 6.47 9.14 3.06 27.11 BBB+ Baa1 116.18 18.82 SPB-T SUPERIOR PLUS CORP 6.42 0.00 0.00 -12.10 BB- N-A N-A N-A GEI-T GIBSON ENERGY INC 6.19 1.18 2.94 15.64 BBB- Ba2 141.43 24.43 PPL-T PEMBINA PIPELINE CORP 5.99 5.67 0.00 27.55 BBB N-A N-A 16.15 CPX-T CAPITAL POWER CORP 5.61 7.02 6.80 16.51 BBB- N-A 250.00 28.13 BCE-T BCE INC 5.60 5.09 5.11 26.97 BBB+ Baa2 117.09 20.49 TRP-T TC ENERGY CORP 5.43 9.02 7.41 25.06 BBB+ Baa2 187.82 15.15 CHP-UN-T CHOICE PROPERTIES REIT 5.17 1.21 0.00 18.17 BBB N-A 2325.65 N-A MFC-T MANULIFE FINANCIAL CORP 5.14 9.93 8.93 5.36 A N-A 32.98 13.42 GWO-T GREAT-WEST LIFECO INC 5.11 5.44 2.97 25.99 A+ N-A 55.23 21.13 IGM-T IGM FINANCIAL INC 5.07 0.00 0.00 32.06 A N-A 54.89 10.88 CU-T CANADIAN UTILITIES LTD-A 5.06 5.77 1.01 17.69 A- N-A 131.95 20.43 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.95 3.85 4.02 15.98 BBB N-A 91.62 25.95 RUS-T RUSSEL METALS INC 4.92 0.00 0.00 28.76 BB+ Ba2 22.07 4.46 AQN-T ALGONQUIN POWER & UTILITIES 4.91 8.96 3.00 -8.36 BBB N-A 44.49 23.36 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.87 -26.77 0.00 -1.19 BB N-A 28.98 5.77 TCL-A-T TRANSCONTINENTAL INC-CL A 4.62 3.99 0.00 -3.88 BBB- N-A 59.95 13.30 POW-T POWER CORP OF CANADA 4.54 6.90 2.65 33.34 A+ N-A 58.13 8.33 BNS-T BANK OF NOVA SCOTIA 4.52 4.85 2.78 21.41 A+ N-A 46.54 11.27 SU-T SUNCOR ENERGY INC 4.51 -1.97 -4.11 43.58 BBB+ Baa1 37.96 13.92 EMA-T EMERA INC 4.49 4.95 4.00 23.63 BBB Baa3 128.82 14.97 ACO/X-T ATCO LTD -CLASS I 4.40 9.48 3.01 16.49 A- N-A 79.02 12.44 LB-T LAURENTIAN BANK OF CANADA 4.23 -7.26 -12.30 23.93 BBB N-A 154.91 8.82 T-T TELUS CORP 4.17 6.68 7.26 28.93 BBB+ Baa1 103.37 29.37 CM-T CAN IMPERIAL BK OF COMMERCE 4.12 4.36 2.57 38.26 A+ N-A 41.81 10.71 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.10 -7.40 -31.43 33.12 BBB N-A 50.83 15.22 AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.05 2.49 3.04 16.24 N-A Baa2 48.86 24.39 SLF-T SUN LIFE FINANCIAL INC 3.96 7.35 5.00 9.03 A+ WR (hyb) 34.41 10.20 CAS-T CASCADES INC 3.95 20.11 25.00 -23.27 BB- Ba2 15.50 N-A ALA-T ALTAGAS LTD 3.91 -13.38 3.06 39.83 BBB- N-A 55.14 18.54 QSR-T RESTAURANT BRANDS INTERN 3.87 26.88 -3.48 -4.87 BB N-A 78.42 19.07 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.83 -0.77 -12.50 -17.62 BBB+ N-A N-A N-A BMO-T BANK OF MONTREAL 3.76 5.57 6.37 35.86 A+ N-A 36.56 11.28 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.70 3.97 -3.77 16.84 BBB+ N-A 108.86 34.93 FTS-T FORTIS INC 3.69 6.06 5.85 21.87 A- Baa3 79.85 22.43 ITP-T INTERTAPE POLYMER GROUP INC 3.67 3.15 1.72 2.88 BB- Ba2 48.69 12.39 CIX-T CI FINANCIAL CORP 3.52 -12.07 0.00 20.22 BBB Baa2 32.63 8.39 TD-T TORONTO-DOMINION BANK 3.51 8.18 3.16 32.46 AA- N-A 40.86 13.01 CNQ-T CANADIAN NATURAL RESOURCES 3.49 16.27 17.50 93.07 BBB- Baa2 N-A 17.12 RY-T ROYAL BANK OF CANADA 3.49 6.24 2.78 27.42 AA- N-A 39.02 12.24 NA-T NATIONAL BANK OF CANADA 3.47 6.40 5.63 30.38 A N-A 31.36 11.16 H-T HYDRO ONE LTD 3.42 1.65 5.01 20.51 A- N-A 33.84 19.20 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.29 4.01 3.31 33.27 N-A (P)Baa2 38.32 119.49 IAG-T IA FINANCIAL CORP INC 3.27 9.69 7.22 17.74 A N-A 26.99 N-A NPI-T NORTHLAND POWER INC 3.22 2.13 0.00 -11.22 BBB N-A 62.34 127.55 SJR-B-T SHAW COMMUNICATIONS INC-B 3.17 0.00 0.00 74.36 BBB- Baa2 *- 61.07 18.30 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.07 0.82 0.00 22.07 BBB+ *- Baa1 *- 64.82 18.47 AEM-T AGNICO EAGLE MINES LTD 3.00 29.77 39.36 -9.55 NR Baa2 44.72 20.55 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.86 15.23 5.18 11.96 BBB N-A 26.67 9.66 CCA-T COGECO COMMUNICATIONS INC 2.78 10.40 10.25 -9.42 BB+ N-A 30.22 11.45 GSY-T GOEASY LTD 2.61 39.48 46.67 8.87 BB- Ba3 24.90 9.39 EFN-T ELEMENT FLEET MANAGEMENT COR 2.56 22.20 36.25 -1.37 BBB N-A 35.79 16.31 NTR-T NUTRIEN LTD 2.49 N-A -4.38 43.74 BBB Baa2 33.61 13.11 FTT-T FINNING INTERNATIONAL INC 2.48 3.81 7.32 13.52 BBB+ N-A 9.96 16.51 IMO-T IMPERIAL OIL LTD 2.46 11.79 17.05 95.52 AA- N-A 29.41 16.05 MG-T MAGNA INTERNATIONAL INC 2.46 10.64 1.87 -11.53 A- A3 34.15 13.27 YRI-T YAMANA GOLD INC 2.40 40.20 48.02 16.18 BB+ Baa3 78.38 20.99 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.37 -12.86 -47.59 18.03 BBB- Baa3 20.57 15.44 SAP-T SAPUTO INC 2.34 4.49 2.90 -13.43 N-A Baa1 45.54 33.81 K-T KINROSS GOLD CORP 2.26 N-A 90.58 -18.91 BBB- Baa3 0.00 16.56 IFC-T INTACT FINANCIAL CORP 2.21 7.94 2.41 29.81 N-A Baa1 27.42 14.72 OTEX-T OPEN TEXT CORP 2.10 12.49 10.03 -4.19 BB+ Ba1 68.16 22.50 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.01 -0.88 -1.30 23.56 BBB- Baa3 7.63 20.24 RBA-T RITCHIE BROS AUCTIONEERS 1.94 6.51 7.28 -2.76 BB+ *- Ba2 70.46 31.49 CNR-T CANADIAN NATL RAILWAY CO 1.90 10.40 6.96 13.11 A A2 35.63 25.97 PRMW-T PRIMO WATER CORP 1.90 -1.07 -6.35 -0.45 B B1 N-A 60.78 TRI-T THOMSON REUTERS CORP 1.79 1.09 2.11 15.53 BBB Baa2 14.40 8.75 ABX-T BARRICK GOLD CORP 1.73 52.59 137.59 21.90 BBB Baa1 32.55 20.37 MRU-T METRO INC/CN 1.65 11.97 10.81 28.09 BBB N-A 29.91 19.67 TA-T TRANSALTA CORP 1.54 2.95 8.82 16.53 BB+ Ba1 N-A N-A L-T LOBLAW COMPANIES LTD 1.48 6.33 9.38 64.36 BBB N-A 41.33 17.98 CCL-B-T CCL INDUSTRIES INC - CL B 1.37 16.00 16.67 -5.24 BBB Baa2 24.29 18.26 TECK-B-T TECK RESOURCES LTD-CLS B 1.11 14.87 0.00 52.88 BBB- Baa3 3.71 8.32 WFG-T WEST FRASER TIMBER CO LTD 1.08 27.84 19.51 40.18 BBB- Baa3 2.88 3.47 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.07 6.97 1.80 23.34 A- Baa1 22.54 N-A MX-T METHANEX CORP 1.03 -22.26 -37.04 19.78 BB Ba1 5.11 8.07 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 0.87 15.48 6.74 -3.60 BBB+ N-A 18.11 17.85 WCN-T WASTE CONNECTIONS INC 0.77 9.26 3.05 25.09 BBB+ Baa2 35.63 42.30 CVE-T CENOVUS ENERGY INC 0.72 -15.24 40.00 105.10 BBB- N-A 29.98 23.40 CCO-T CAMECO CORP 0.42 -27.52 0.00 41.48 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.31 8.58 12.40 36.47 BBB N-A 9.85 32.00 SNC-T SNC-LAVALIN GROUP INC 0.29 -40.13 0.00 1.90 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.22 0.00 0.00 -11.11 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.15 N-A 2.70 -8.05 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 -7.79 0.00 9.02 B+ N-A 0.83 20.18
Source: Bloomberg
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