The table below ranks all S&P/TSX Composite Index 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.
Data as of Thursday’s close.
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 CJR-B-T CORUS ENTERTAINMENT INC-B SH 10.62 -26.77 0.00 -53.64 BB N-A N-A 7.29 AQN-T ALGONQUIN POWER & UTILITIES 6.10 9.35 11.30 -41.94 BBB N-A 165.34 9.42 TRP-T TC ENERGY CORP 6.38 7.57 3.45 -5.91 BBB+ Baa2 187.82 12.93 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.02 2.69 2.89 -31.16 N-A Baa2 48.86 31.21 KEY-T KEYERA CORP 6.21 3.08 0.00 14.68 BBB- N-A 130.89 13.17 ENB-T ENBRIDGE INC 6.33 7.35 2.99 14.36 BBB+ Baa1 116.18 19.03 GEI-T GIBSON ENERGY INC 6.03 2.31 5.71 11.04 BBB- Ba2 141.43 19.01 SPB-T SUPERIOR PLUS CORP 6.41 0.00 0.00 -4.45 BB- N-A N-A 103.89 BNS-T BANK OF NOVA SCOTIA 6.01 5.70 10.54 -21.34 A+ N-A 50.41 8.11 CM-T CAN IMPERIAL BK OF COMMERCE 5.88 5.22 10.68 -25.50 A+ N-A 48.83 8.51 BCE-T BCE INC 5.93 5.10 5.14 -0.70 BBB+ Baa2 117.09 18.23 GWO-T GREAT-WEST LIFECO INC 5.76 5.95 8.65 -6.61 A+ N-A 53.58 1.55 POW-T POWER CORP OF CANADA 5.68 7.02 7.76 -14.14 A+ N-A 42.63 14.60 IGM-T IGM FINANCIAL INC 5.53 0.00 0.00 -9.56 A N-A 54.89 10.70 TCL-A-T TRANSCONTINENTAL INC-CL A 5.86 2.38 0.00 -19.96 BBB- N-A 55.33 10.12 PPL-T PEMBINA PIPELINE CORP 5.44 4.56 1.19 26.29 BBB N-A 126.23 13.30 LB-T LAURENTIAN BANK OF CANADA 5.29 -6.21 9.76 -16.57 BBB N-A 35.90 6.82 CAS-T CASCADES INC 5.37 24.57 20.00 -31.84 BB- Ba2 N-A 81.66 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.26 4.04 3.85 2.10 BBB N-A 91.62 30.21 MFC-T MANULIFE FINANCIAL CORP 5.21 9.99 12.82 3.56 A N-A 32.98 2.87 EMA-T EMERA INC 5.21 4.66 3.98 -8.31 BBB Baa3 128.82 13.17 T-T TELUS CORP 5.05 6.60 6.66 -2.29 BBB Baa1 103.37 20.52 RUS-T RUSSEL METALS INC 4.87 0.00 0.00 -2.65 BB+ Ba1 22.07 4.73 CIX-T CI FINANCIAL CORP 4.76 -12.45 0.00 -39.44 BBB- Baa2 35.78 6.39 CPX-T CAPITAL POWER CORP 5.07 6.90 6.37 24.36 BBB- N-A 505.52 14.31 SU-T SUNCOR ENERGY INC 4.82 7.99 79.05 29.28 BBB Baa1 37.96 6.23 CHP-UN-T CHOICE PROPERTIES REIT 4.80 0.27 0.00 9.42 BBB N-A 2325.65 8.14 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.69 0.60 9.78 -8.30 BBB+ N-A N-A N-A CU-T CANADIAN UTILITIES LTD-A 4.78 4.44 1.00 10.28 BBB+ N-A 144.73 13.33 ALA-T ALTAGAS LTD 4.70 -12.90 6.04 -9.38 BBB- N-A 122.17 47.19 CNQ-T CANADIAN NATURAL RESOURCES 4.47 33.13 130.29 28.77 BBB- Baa1 30.79 7.44 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.52 -6.36 5.73 3.08 BBB N-A 50.83 16.74 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.48 17.61 24.47 -13.56 BBB N-A 26.67 8.89 SLF-T SUN LIFE FINANCIAL INC 4.45 9.60 19.48 -6.20 A+ N-A 34.41 11.47 BMO-T BANK OF MONTREAL 4.40 8.85 28.30 -8.24 A+ N-A 27.31 9.83 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.33 3.52 3.31 -23.86 N-A (P)Baa2 14.71 18.36 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.30 4.49 10.30 -4.57 BBB+ N-A 108.86 198.77 TD-T TORONTO-DOMINION BANK 4.35 8.63 11.35 -9.62 AA- N-A 37.52 10.04 ACO-X-T ATCO LTD -CLASS I 4.43 7.11 2.99 8.43 BBB+ N-A 83.22 11.77 NA-T NATIONAL BANK OF CANADA 3.97 9.67 22.67 1.04 A N-A 36.83 10.15 FTS-T FORTIS INC 4.05 5.95 5.85 -1.88 A- Baa3 79.85 20.76 RY-T ROYAL BANK OF CANADA 3.96 7.34 14.81 -4.66 AA- N-A 44.68 12.13 CCA-T COGECO COMMUNICATIONS INC 3.80 10.37 10.13 -15.30 BB+ N-A 30.80 8.56 GSY-T GOEASY LTD 3.22 38.28 37.88 -30.52 BB- Ba3 24.90 11.74 QSR-T RESTAURANT BRANDS INTERN 3.35 22.84 5.60 25.99 BB N-A 78.42 24.24 IAG-T IA FINANCIAL CORP INC 3.35 12.70 25.00 5.41 A N-A 26.99 3.33 ABX-T BARRICK GOLD CORP 3.14 40.38 -13.14 14.44 BBB+ A3 32.55 21.55 OTEX-T OPEN TEXT CORP 3.02 12.50 13.83 -24.82 BB+ Ba2 60.36 40.94 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.12 0.82 0.00 7.37 BBB+ *- Baa1 *- 64.83 17.50 H-T HYDRO ONE LTD 3.04 4.90 5.00 19.02 A- N-A 65.18 21.36 SJR-B-T SHAW COMMUNICATIONS INC-B 3.06 0.00 0.00 6.10 BBB- Baa2 *- 83.85 25.96 MG-T MAGNA INTERNATIONAL INC 2.81 10.21 8.49 -21.38 A- A3 33.95 13.51 AEM-T AGNICO EAGLE MINES LTD 2.93 31.25 18.31 17.66 NR Baa2 62.61 33.30 FTT-T FINNING INTERNATIONAL INC 2.56 4.60 8.49 12.73 BBB+ N-A 38.94 12.50 IMO-T IMPERIAL OIL LTD 2.73 18.30 41.75 32.33 AA- N-A 29.41 6.86 K-T KINROSS GOLD CORP 2.59 N-A 3.72 -9.18 BBB- Baa3 0.00 27.00 NTR-T NUTRIEN LTD 2.55 N-A 8.55 17.37 BBB Baa2 33.24 5.77 EFN-T ELEMENT FLEET MANAGEMENT COR 2.13 2.08 22.02 44.12 BBB N-A 35.21 20.66 SAP-T SAPUTO INC 2.03 3.04 1.41 26.27 N-A Baa1 109.01 28.63 YRI-T YAMANA GOLD INC 2.02 43.70 10.90 56.32 BBB- Baa3 71.05 22.27 IFC-T INTACT FINANCIAL CORP 2.03 9.34 17.65 22.53 N-A Baa1 27.42 14.46 RBA-T RITCHIE BROS AUCTIONEERS 1.82 8.74 14.45 3.40 BB+ Ba2 *- 70.46 35.17 TA-T TRANSALTA CORP 1.76 5.08 10.81 -3.07 BB+ Ba1 N-A 38.43 MX-T METHANEX CORP 1.60 -11.63 99.23 11.71 BB Ba1 5.11 6.98 CNR-T CANADIAN NATL RAILWAY CO 1.78 12.17 19.11 9.38 A A2 35.63 23.26 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.62 -0.88 -1.30 32.22 BBB Baa3 7.73 22.38 CVE-T CENOVUS ENERGY INC 1.63 18.33 430.29 45.76 BBB- Baa2 29.98 9.70 CCL-B-T CCL INDUSTRIES INC - CL B 1.61 15.85 14.29 -10.15 BBB Baa2 25.20 17.42 WFG-T WEST FRASER TIMBER CO LTD 1.65 33.24 58.13 -19.54 BBB- Baa3 2.88 3.13 TRI-T THOMSON REUTERS CORP 1.52 3.02 13.87 14.23 BBB Baa2 14.06 76.86 MRU-T METRO INC/CN 1.50 11.10 10.00 11.53 BBB N-A 31.19 20.15 L-T LOBLAW COMPANIES LTD 1.40 8.11 12.86 17.12 BBB N-A 25.34 18.51 FM-T FIRST QUANTUM MINERALS LTD 1.02 75.18 N-A -11.99 B+ *- N-A 0.83 12.48 TECK-B-T TECK RESOURCES LTD-CLS B 0.90 10.76 400.00 34.75 BBB- Baa3 3.71 5.69 WCN-T WASTE CONNECTIONS INC 0.79 13.30 16.23 7.80 BBB+ Baa2 35.63 38.27 CP-T CANADIAN PACIFIC RAILWAY LTD 0.73 11.68 0.00 8.86 BBB+ N-A 18.11 28.96 CCO-T CAMECO CORP 0.35 -21.40 50.00 19.63 BBB- N-A N-A 117.92 SNC-T SNC-LAVALIN GROUP INC 0.28 -40.71 0.00 -4.68 BB+ N-A 14.02 39.91 HBM-T HUDBAY MINERALS INC 0.24 0.00 0.00 -15.14 B B1 N-A 9.48 DOL-T DOLLARAMA INC 0.27 8.57 9.94 27.11 BBB N-A 9.16 31.31 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.16 N-A 13.37 -9.91 B+ B1 N-A N-A
Source: Bloomberg
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