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 11:15 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 SPB-T SUPERIOR PLUS CORP 6.35 0.00 0.00 -16.36 BB- N-A N-A N-A KEY-T KEYERA CORP 6.10 4.24 0.00 26.96 BBB- N-A 130.89 17.40 GEI-T GIBSON ENERGY INC 5.97 1.47 3.65 18.50 BBB- Ba2 141.43 25.30 ENB-T ENBRIDGE INC 5.95 9.14 3.06 33.75 BBB+ Baa1 116.18 20.48 CPX-T CAPITAL POWER CORP 5.39 7.02 6.82 16.48 BBB- N-A 505.52 23.92 GWO-T GREAT-WEST LIFECO INC 5.37 5.73 5.94 14.34 A+ N-A 55.23 20.13 PPL-T PEMBINA PIPELINE CORP 5.31 5.59 0.00 37.81 BBB N-A 126.23 17.96 BCE-T BCE INC 5.31 5.10 5.11 27.96 BBB+ Baa2 117.09 21.58 TCL-A-T TRANSCONTINENTAL INC-CL A 5.18 3.58 0.00 -19.21 BBB- N-A 59.95 N-A POW-T POWER CORP OF CANADA 5.13 7.06 5.31 22.38 A+ N-A 42.63 9.10 IGM-T IGM FINANCIAL INC 5.13 0.00 0.00 19.18 A N-A 54.89 10.75 TRP-T TC ENERGY CORP 5.06 8.63 6.36 28.12 BBB+ Baa2 187.82 16.27 MFC-T MANULIFE FINANCIAL CORP 4.96 9.93 8.93 2.49 A N-A 32.98 13.92 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.92 -26.77 0.00 -11.21 BB N-A 28.98 5.71 CHP-UN-T CHOICE PROPERTIES REIT 4.83 1.12 0.00 18.20 BBB N-A 2325.65 N-A CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.78 3.95 4.43 13.94 BBB N-A 91.62 26.88 CU-T CANADIAN UTILITIES LTD-A 4.69 5.77 1.01 17.82 BBB+ N-A 144.73 23.92 RUS-T RUSSEL METALS INC 4.61 0.00 0.00 35.29 BB+ Ba2 22.07 4.76 BNS-T BANK OF NOVA SCOTIA 4.49 4.56 2.78 17.97 A+ N-A 46.54 10.94 AQN-T ALGONQUIN POWER & UTILITIES 4.41 8.24 5.51 0.79 BBB N-A 165.34 35.43 ACO-X-T ATCO LTD -CLASS I 4.33 8.85 3.00 6.44 BBB+ N-A 83.22 28.01 EMA-T EMERA INC 4.30 4.95 4.00 14.71 BBB Baa3 128.82 15.62 CM-T CAN IMPERIAL BK OF COMMERCE 4.25 4.49 5.14 27.41 A+ N-A 41.81 10.05 LB-T LAURENTIAN BANK OF CANADA 4.24 -7.04 5.00 7.85 BBB N-A 154.91 8.67 SU-T SUNCOR ENERGY INC 4.09 1.15 50.00 58.14 BBB+ Baa1 37.96 15.35 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.03 -7.21 -26.52 35.53 BBB N-A 50.83 15.46 T-T TELUS CORP 4.00 6.49 6.83 34.71 BBB+ Baa1 103.37 30.67 CNQ-T CANADIAN NATURAL RESOURCES 3.82 18.25 30.52 106.61 BBB- Baa2 11.56 13.83 SLF-T SUN LIFE FINANCIAL INC 3.80 7.96 10.00 12.60 A+ WR (hyb) 34.41 10.63 ALA-T ALTAGAS LTD 3.79 -12.44 8.92 37.29 BBB- N-A 122.17 32.22 CAS-T CASCADES INC 3.79 22.42 37.50 -18.63 BB- Ba2 N-A N-A AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.78 2.55 3.01 17.99 N-A Baa2 48.86 26.12 QSR-T RESTAURANT BRANDS INTERN 3.74 25.47 -0.78 -8.49 BB N-A 78.42 17.92 CIX-T CI FINANCIAL CORP 3.67 -12.14 0.00 9.67 BBB Baa2 35.78 7.66 NA-T NATIONAL BANK OF CANADA 3.64 7.32 11.27 15.66 A N-A 31.36 10.06 BMO-T BANK OF MONTREAL 3.62 5.57 6.37 34.51 A+ N-A 36.56 10.96 TD-T TORONTO-DOMINION BANK 3.59 8.18 3.16 24.74 AA- N-A 40.86 12.34 RY-T ROYAL BANK OF CANADA 3.51 6.24 2.78 22.15 AA- N-A 39.02 12.17 FTS-T FORTIS INC 3.48 6.06 5.85 17.05 A- Baa3 79.85 23.79 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.31 4.37 1.06 26.45 BBB+ N-A 108.86 40.02 IAG-T IA FINANCIAL CORP INC 3.31 11.13 14.43 11.83 A N-A 26.99 #N-A N-A GRT-UN-T GRANITE REAL ESTATE INVESTME 3.21 4.01 3.31 30.42 N-A (P)Baa2 14.71 464.42 H-T HYDRO ONE LTD 3.17 4.86 5.01 17.30 A- N-A 65.18 20.87 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.16 -0.42 -5.37 -0.45 BBB+ N-A N-A N-A SJR-B-T SHAW COMMUNICATIONS INC-B 3.05 0.00 0.00 20.68 BBB- Baa2 *- 61.07 18.98 NPI-T NORTHLAND POWER INC 2.89 2.13 0.00 -5.94 BBB N-A 147.81 61.44 MG-T MAGNA INTERNATIONAL INC 2.88 10.01 1.69 -27.07 A- A3 33.95 11.68 RCI-B-T ROGERS COMMUNICATIONS INC-B 2.82 0.82 0.00 24.20 BBB+ *- N-A 64.83 19.61 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.77 15.23 5.18 5.89 BBB N-A 26.67 9.98 CCA-T COGECO COMMUNICATIONS INC 2.75 10.40 10.25 -11.04 BB+ N-A 30.22 11.60 EFN-T ELEMENT FLEET MANAGEMENT COR 2.59 13.70 29.55 -12.61 BBB N-A 35.21 15.72 GSY-T GOEASY LTD 2.59 39.10 43.78 11.85 BB- Ba3 24.90 9.48 AEM-T AGNICO EAGLE MINES LTD 2.58 29.49 26.62 6.18 NR Baa2 62.61 27.98 SAP-T SAPUTO INC 2.42 4.10 2.88 -20.55 N-A Baa1 45.54 32.71 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.42 -12.86 -42.63 10.87 BBB- Baa3 20.57 15.13 FTT-T FINNING INTERNATIONAL INC 2.42 3.81 7.32 17.66 BBB+ N-A 9.96 16.97 IMO-T IMPERIAL OIL LTD 2.25 13.90 30.68 96.89 AA- N-A 29.41 17.61 IFC-T INTACT FINANCIAL CORP 2.18 8.45 7.53 19.67 N-A Baa1 27.42 14.93 ITP-T INTERTAPE POLYMER GROUP INC 2.16 3.08 5.88 44.58 BB- *- Ba2 *- 56.98 22.17 YRI-T YAMANA GOLD INC 2.12 40.80 31.27 28.06 BB+ Baa3 71.05 23.78 OTEX-T OPEN TEXT CORP 2.11 12.30 10.38 -10.80 BB+ Ba1 68.16 22.81 K-T KINROSS GOLD CORP 2.09 N-A 29.47 -14.37 BBB- Baa3 0.00 18.55 PRMW-T PRIMO WATER CORP 2.00 -0.23 0.03 -13.24 B B1 N-A 61.82 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.83 -0.88 -1.30 25.56 BBB- Baa3 7.73 25.46 NTR-T NUTRIEN LTD 1.83 N-A -1.42 96.43 BBB Baa2 33.24 17.87 CNR-T CANADIAN NATL RAILWAY CO 1.78 10.89 10.15 13.26 A A2 35.63 27.77 RBA-T RITCHIE BROS AUCTIONEERS 1.71 6.51 7.28 -0.57 BB+ *- Ba2 70.46 36.86 CCL-B-T CCL INDUSTRIES INC - CL B 1.68 15.96 16.00 -17.83 BBB Baa2 25.20 17.22 TRI-T THOMSON REUTERS CORP 1.67 1.09 2.01 22.57 BBB Baa2 14.06 9.66 ABX-T BARRICK GOLD CORP 1.66 53.00 129.16 24.73 BBB+ Baa1 32.55 21.79 TA-T TRANSALTA CORP 1.56 3.50 10.14 7.35 BB+ Ba1 N-A N-A MRU-T METRO INC/CN 1.53 11.97 10.81 25.55 BBB N-A 29.91 21.17 L-T LOBLAW COMPANIES LTD 1.32 6.58 10.00 59.91 BBB N-A 25.34 20.29 WFG-T WEST FRASER TIMBER CO LTD 1.28 30.80 34.00 8.28 BBB- Baa3 2.88 2.99 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.00 7.47 3.77 28.95 A- Baa1 22.69 N-A TECK-B-T TECK RESOURCES LTD-CLS B 0.94 50.61 287.50 119.64 BBB- Baa3 3.71 9.76 MX-T METHANEX CORP 0.93 -18.44 168.13 46.38 BB Ba1 5.11 9.24 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 17.33 18.25 N-A BBB Baa2 13.58 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.76 13.70 3.26 4.32 BBB+ N-A 18.11 20.40 WCN-T WASTE CONNECTIONS INC 0.67 12.56 5.12 27.83 BBB+ Baa2 35.63 49.43 CVE-T CENOVUS ENERGY INC 0.66 -12.09 31.25 118.19 BBB- N-A 29.98 25.72 CCO-T CAMECO CORP 0.32 -27.52 0.00 72.25 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.31 8.58 12.40 25.95 BBB N-A 9.16 32.67 SNC-T SNC-LAVALIN GROUP INC 0.27 -40.28 0.00 11.17 BB+ N-A 14.02 48.44 HBM-T HUDBAY MINERALS INC 0.20 0.00 0.00 10.63 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.13 N-A 2.70 -7.54 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.02 -7.79 0.00 77.40 B+ N-A 0.83 27.13
Source: Bloomberg
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