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 6.49 4.34 0.00 25.34 BBB- N-A 130.89 16.35 SPB-T SUPERIOR PLUS CORP 6.41 0.00 0.00 -11.95 BB- N-A N-A N-A ENB-T ENBRIDGE INC 6.09 9.14 3.06 35.80 BBB+ Baa1 116.18 20.00 GEI-T GIBSON ENERGY INC 5.92 1.18 2.94 20.49 BBB- Ba2 141.43 25.52 CPX-T CAPITAL POWER CORP 5.66 7.02 6.80 19.85 BBB- N-A 505.52 22.77 PPL-T PEMBINA PIPELINE CORP 5.51 5.67 0.00 42.40 BBB N-A 126.23 17.30 BCE-T BCE INC 5.35 5.09 5.11 31.04 BBB+ Baa2 117.09 21.44 GWO-T GREAT-WEST LIFECO INC 5.23 5.73 5.94 22.47 A+ N-A 55.23 20.64 MFC-T MANULIFE FINANCIAL CORP 5.17 9.93 8.93 2.66 A N-A 32.98 13.34 TRP-T TC ENERGY CORP 5.13 9.02 7.41 33.44 BBB+ Baa2 187.82 16.03 IGM-T IGM FINANCIAL INC 5.00 0.00 0.00 32.00 A N-A 54.89 11.02 CHP-UN-T CHOICE PROPERTIES REIT 5.00 1.21 0.00 18.78 BBB N-A 2325.65 N-A CU-T CANADIAN UTILITIES LTD-A 4.99 5.77 1.01 24.60 BBB+ N-A 144.73 22.52 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.85 3.92 4.22 15.03 BBB N-A 91.62 26.52 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.76 -26.77 0.00 -7.26 BB N-A 28.98 5.90 AQN-T ALGONQUIN POWER & UTILITIES 4.74 8.96 3.00 -2.35 BBB N-A 44.49 24.59 RUS-T RUSSEL METALS INC 4.72 0.00 0.00 33.64 BB+ Ba2 22.07 4.65 POW-T POWER CORP OF CANADA 4.56 6.90 2.65 30.59 A+ N-A 58.13 8.29 TCL-A-T TRANSCONTINENTAL INC-CL A 4.46 3.99 0.00 -0.77 BBB- N-A 59.95 13.75 ACO-X-T ATCO LTD -CLASS I 4.46 9.65 3.00 15.35 BBB+ N-A 83.22 27.22 EMA-T EMERA INC 4.42 4.95 4.00 22.35 BBB Baa3 128.82 15.21 SU-T SUNCOR ENERGY INC 4.27 1.15 50.00 55.96 BBB+ Baa1 37.96 14.71 BNS-T BANK OF NOVA SCOTIA 4.26 4.85 2.78 27.50 A+ N-A 46.54 11.53 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.07 -7.30 -29.04 34.75 BBB N-A 50.83 15.32 LB-T LAURENTIAN BANK OF CANADA 4.05 -7.26 -12.30 12.67 BBB N-A 154.91 8.91 T-T TELUS CORP 4.00 6.68 7.26 31.41 BBB+ Baa1 103.37 30.65 CM-T CAN IMPERIAL BK OF COMMERCE 4.00 4.36 2.57 38.64 A+ N-A 41.81 10.69 SLF-T SUN LIFE FINANCIAL INC 3.97 7.96 10.00 9.04 A+ WR (hyb) 34.41 10.16 CNQ-T CANADIAN NATURAL RESOURCES 3.96 16.27 17.50 110.37 BBB- Baa2 N-A 19.25 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.90 2.54 3.03 13.80 N-A Baa2 48.86 25.35 QSR-T RESTAURANT BRANDS INTERN 3.90 25.32 -3.48 -10.34 BB N-A 78.42 17.07 ITP-T INTERTAPE POLYMER GROUP INC 3.71 3.15 1.72 -2.50 BB- Ba2 48.69 12.41 ALA-T ALTAGAS LTD 3.71 -14.88 -5.53 52.52 BBB- N-A 55.14 19.52 CAS-T CASCADES INC 3.64 20.11 25.00 -21.56 BB- Ba2 N-A N-A FTS-T FORTIS INC 3.62 6.06 5.85 23.40 A- Baa3 79.85 22.89 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.59 4.37 1.06 22.20 BBB+ N-A 108.86 36.47 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.59 -0.42 -5.37 -12.10 BBB+ N-A N-A N-A BMO-T BANK OF MONTREAL 3.58 5.57 6.37 43.25 A+ N-A 36.56 11.08 TD-T TORONTO-DOMINION BANK 3.54 8.18 3.16 32.10 AA- N-A 40.86 12.51 NA-T NATIONAL BANK OF CANADA 3.45 6.40 5.63 26.96 A N-A 31.36 10.63 RY-T ROYAL BANK OF CANADA 3.43 6.24 2.78 31.79 AA- N-A 39.02 12.42 CIX-T CI FINANCIAL CORP 3.41 -12.07 0.00 27.31 BBB Baa2 32.63 8.66 H-T HYDRO ONE LTD 3.35 1.65 5.01 22.36 A- N-A 65.18 19.75 IAG-T IA FINANCIAL CORP INC 3.35 11.13 14.43 17.76 A N-A 26.99 N-A GRT-UN-T GRANITE REAL ESTATE INVESTME 3.33 4.07 3.31 32.78 N-A (P)Baa2 38.32 118.26 SJR-B-T SHAW COMMUNICATIONS INC-B 3.11 0.00 0.00 73.12 BBB- Baa2 *- 61.07 18.67 AEM-T AGNICO EAGLE MINES LTD 3.04 28.56 22.15 -4.40 NR Baa2 65.08 23.52 RCI-B-T ROGERS COMMUNICATIONS INC-B 2.95 0.82 0.00 24.14 BBB+ *- Baa1 *- 64.82 19.27 NPI-T NORTHLAND POWER INC 2.94 2.13 0.00 -1.03 BBB N-A 147.81 60.45 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.84 15.23 5.18 13.68 BBB N-A 26.67 9.73 CCA-T COGECO COMMUNICATIONS INC 2.78 10.40 10.25 -10.36 BB+ N-A 30.22 11.45 MG-T MAGNA INTERNATIONAL INC 2.65 10.67 2.01 -20.00 A- A3 34.15 12.56 GSY-T GOEASY LTD 2.57 39.48 46.67 13.54 BB- Ba3 24.90 9.55 EFN-T ELEMENT FLEET MANAGEMENT COR 2.45 22.20 36.25 2.70 BBB N-A 35.21 16.64 FTT-T FINNING INTERNATIONAL INC 2.39 3.81 7.32 14.16 BBB+ N-A 9.96 17.12 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.39 -12.86 -45.22 12.99 BBB- Baa3 20.57 15.34 IMO-T IMPERIAL OIL LTD 2.35 13.90 30.68 107.24 AA- N-A 29.41 16.85 YRI-T YAMANA GOLD INC 2.35 40.20 48.02 25.00 BB+ Baa3 71.05 21.50 SAP-T SAPUTO INC 2.34 3.95 2.90 -13.31 N-A Baa1 45.54 33.81 K-T KINROSS GOLD CORP 2.26 N-A 28.79 -15.69 BBB- Baa3 0.00 16.62 IFC-T INTACT FINANCIAL CORP 2.18 7.94 2.41 27.52 N-A Baa1 27.42 14.93 NTR-T NUTRIEN LTD 2.17 N-A -4.38 65.80 BBB Baa2 33.24 15.08 OTEX-T OPEN TEXT CORP 2.06 12.28 12.63 -3.77 BB+ Ba1 68.16 22.93 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.06 -0.88 -1.30 16.78 BBB- Baa3 7.63 20.05 PRMW-T PRIMO WATER CORP 1.89 -1.07 -6.35 2.22 B B1 N-A 62.21 CNR-T CANADIAN NATL RAILWAY CO 1.84 10.40 6.96 14.94 A A2 35.63 26.87 RBA-T RITCHIE BROS AUCTIONEERS 1.78 6.51 7.28 9.43 BB+ *- Ba2 70.46 34.91 ABX-T BARRICK GOLD CORP 1.73 53.00 129.16 24.34 BBB Baa1 32.55 20.71 TRI-T THOMSON REUTERS CORP 1.73 1.09 2.11 20.97 BBB Baa2 14.40 9.23 CCL-B-T CCL INDUSTRIES INC - CL B 1.67 16.00 16.67 -14.56 BBB Baa2 25.20 17.32 MRU-T METRO INC/CN 1.63 11.97 10.81 29.00 BBB N-A 29.91 19.93 TA-T TRANSALTA CORP 1.62 3.50 10.14 18.55 BB+ Ba1 N-A N-A L-T LOBLAW COMPANIES LTD 1.45 6.33 9.38 63.85 BBB N-A 25.34 18.48 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.04 7.47 3.77 33.93 A- Baa1 22.54 N-A TECK-B-T TECK RESOURCES LTD-CLS B 1.01 14.87 0.00 81.75 BBB- Baa3 3.71 9.09 WFG-T WEST FRASER TIMBER CO LTD 0.99 27.84 19.51 54.63 BBB- Baa3 2.88 3.79 MX-T METHANEX CORP 0.96 -22.26 -37.04 34.48 BB Ba1 5.11 8.72 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 0.81 15.48 6.74 3.88 BBB+ N-A 18.11 19.20 WCN-T WASTE CONNECTIONS INC 0.71 12.56 5.12 31.37 BBB+ Baa2 35.63 45.90 CVE-T CENOVUS ENERGY INC 0.70 -15.24 40.00 111.81 BBB- N-A 29.98 24.04 CCO-T CAMECO CORP 0.38 -27.52 0.00 43.39 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.31 8.58 12.40 33.34 BBB N-A 9.85 32.76 SNC-T SNC-LAVALIN GROUP INC 0.30 -40.13 0.00 1.22 BB+ N-A N-A 43.15 HBM-T HUDBAY MINERALS INC 0.19 0.00 0.00 17.48 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.15 N-A 2.70 -13.25 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 -7.79 0.00 36.11 B+ N-A 0.83 23.14
Source: Bloomberg
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