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 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 AP-UN-T ALLIED PROPERTIES REAL ESTAT 7.86 2.75 2.89 -36.27 N-A N-A N-A N-A GEI-T GIBSON ENERGY INC 7.17 2.59 5.63 -6.00 BBB- Ba2 96.51 12.21 SPB-T SUPERIOR PLUS CORP 7.09 0.00 0.00 -8.52 BB- N-A N-A 187.71 ENB-T ENBRIDGE INC 6.66 6.92 3.10 2.24 BBB+ Baa1 269.06 15.65 TRP-T TC ENERGY CORP 6.66 7.19 3.42 -16.18 BBB+ Baa2 560.84 8.27 SES-T SECURE ENERGY SERVICES INC 6.57 -3.82 616.67 0.54 B N-A 20.61 8.55 BNS-T BANK OF NOVA SCOTIA 6.19 5.45 8.42 -12.02 A+ N-A 50.41 8.69 PPL-T PEMBINA PIPELINE CORP 6.19 4.34 3.57 -6.32 BBB N-A 49.58 12.91 TCL-A-T TRANSCONTINENTAL INC-CL A 6.09 2.13 0.00 6.81 BBB- N-A 55.33 10.52 CM-T CAN IMPERIAL BK OF COMMERCE 6.05 5.26 9.45 -11.98 A+ N-A 48.83 9.22 BCE-T BCE INC 6.02 5.09 5.15 0.62 BBB+ Baa2 123.50 19.93 KEY-T KEYERA CORP 5.96 2.71 0.00 5.94 BBB- N-A 129.66 15.72 LB-T LAURENTIAN BANK OF CANADA 5.95 -6.15 8.33 -12.11 BBB N-A 35.90 6.14 POW-T POWER CORP OF CANADA 5.85 6.99 6.63 13.97 A+ N-A 69.41 12.88 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.72 -3.49 66.67 5.93 BBB- N-A N-A 70.18 IGM-T IGM FINANCIAL INC 5.70 0.00 0.00 16.72 A N-A N-A 11.05 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.69 3.99 3.49 -0.73 BBB N-A 135.11 27.02 MFC-T MANULIFE FINANCIAL CORP 5.57 10.17 11.07 26.77 A N-A 35.73 2.72 GWO-T GREAT-WEST LIFECO INC 5.49 5.96 7.22 25.60 A+ N-A 56.73 2.05 SU-T SUNCOR ENERGY INC 5.35 8.45 57.14 -11.70 BBB Baa1 28.73 5.47 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.30 -6.13 6.15 1.56 BBB N-A 131.00 15.40 CHP-UN-T CHOICE PROPERTIES REIT 5.26 0.04 0.23 3.25 BBB N-A 71.93 7.61 T-T TELUS CORP 5.26 6.70 7.16 -6.31 BBB Baa2 117.19 20.62 CPX-T CAPITAL POWER CORP 5.06 6.85 6.15 11.80 BBB- N-A 265.66 8.87 AQN-T ALGONQUIN POWER & UTILITIES 5.04 7.97 1.46 -28.83 BBB N-A N-A 96.12 CCA-T COGECO COMMUNICATIONS INC 4.98 10.33 10.09 -32.21 BB+ N-A N-A 6.61 POU-T PARAMOUNT RESOURCES LTD -A 4.95 N-A 312.33 5.25 B+ Ba3 23.57 6.21 BMO-T BANK OF MONTREAL 4.84 9.03 17.99 -5.61 A+ N-A 27.31 9.82 CNQ-T CANADIAN NATURAL RESOURCES 4.79 32.57 108.56 6.99 BBB- N-A 47.74 8.89 ALA-T ALTAGAS LTD 4.73 -12.90 1.42 -12.18 BBB- N-A 74.69 15.06 EMA-T EMERA INC 4.72 4.27 4.10 -1.12 BBB N-A 75.03 13.41 RUS-T RUSSEL METALS INC 4.69 0.00 0.00 18.21 BB+ Ba1 25.71 6.21 CIX-T CI FINANCIAL CORP 4.68 -12.58 0.00 13.45 NR N-A 45.83 11.81 TD-T TORONTO-DOMINION BANK 4.67 8.42 10.12 -6.60 AA- N-A N-A N-A SLF-T SUN LIFE FINANCIAL INC 4.65 9.64 16.53 10.56 A+ N-A 52.85 11.39 CU-T CANADIAN UTILITIES LTD-A 4.57 3.53 1.00 6.42 BBB+ N-A 85.85 13.12 TVE-T TAMARACK VALLEY ENERGY LTD 4.49 N-A 301.51 -20.31 B N-A 0.00 6.03 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.35 4.88 11.69 -3.06 BBB+ N-A 653.13 71.98 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.27 1.10 11.09 0.74 BBB+ N-A N-A N-A ACO-X-T ATCO LTD -CLASS I 4.22 N-A 2.99 2.11 BBB+ N-A 56.88 11.31 NPI-T NORTHLAND POWER INC 4.18 1.21 0.00 -21.32 BBB N-A 34.85 14.79 PKI-T PARKLAND CORP 4.07 2.58 6.03 3.94 BB N-A 70.14 14.68 RY-T ROYAL BANK OF CANADA 4.07 7.45 14.04 7.85 AA- N-A 44.68 12.42 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.03 16.67 35.35 2.09 N-A N-A 35.45 N-A GRT-UN-T GRANITE REAL ESTATE INVESTME 3.94 3.43 3.29 -2.23 N-A N-A 129.76 N-A NA-T NATIONAL BANK OF CANADA 3.84 9.88 19.62 18.73 A N-A 36.83 10.67 FTS-T FORTIS INC 3.70 5.92 5.77 0.59 A- Baa3 79.32 20.74 IAG-T IA FINANCIAL CORP INC 3.59 12.66 19.37 48.49 A N-A 33.90 2.84 GSY-T GOEASY LTD 3.58 36.98 27.68 4.75 BB- Ba3 44.60 9.97 MG-T MAGNA INTERNATIONAL INC 3.45 9.79 5.62 -0.66 A- N-A 86.82 13.65 NTR-T NUTRIEN LTD 3.43 38.63 12.82 -31.36 BBB N-A 13.50 5.29 IMO-T IMPERIAL OIL LTD 3.27 19.51 35.65 1.07 AA- N-A 12.70 5.33 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.03 0.82 0.00 6.92 BBB- Baa3 60.12 17.42 H-T HYDRO ONE LTD 3.03 4.91 4.99 15.56 A- N-A 63.05 22.89 QSR-T RESTAURANT BRANDS INTERN 3.02 16.52 7.77 N-A BB N-A 65.79 30.87 FTT-T FINNING INTERNATIONAL INC 2.82 4.64 7.27 11.07 BBB+ N-A 29.04 9.93 AEM-T AGNICO EAGLE MINES LTD 2.82 31.22 16.08 20.11 NR Baa2 108.24 27.57 CVE-T CENOVUS ENERGY INC 2.62 21.70 408.57 -12.26 BBB- Baa2 3.40 9.28 VET-T VERMILION ENERGY INC 2.52 -34.20 433.33 -31.02 B+ B1 3.49 1.31 OTEX-T OPEN TEXT CORP 2.41 12.88 15.79 20.81 BB+ Ba2 60.36 23.85 K-T KINROSS GOLD CORP 2.25 N-A 4.87 40.72 BBB- N-A 0.00 17.92 IFC-T INTACT FINANCIAL CORP 2.21 N-A 14.85 15.81 N-A Baa1 29.71 14.07 ABX-T BARRICK GOLD CORP 2.10 40.85 -13.47 0.60 N-A A3 266.47 25.96 YRI-T YAMANA GOLD INC 2.06 36.37 -17.87 N-A N-A Baa3 71.05 N-A SAP-T SAPUTO INC 2.02 2.71 0.70 N-A N-A Baa1 109.01 N-A RBA-T RITCHIE BROS AUCTIONEERS 1.98 26.87 136.84 -0.55 BB+ Ba2 36.04 24.14 EFN-T ELEMENT FLEET MANAGEMENT COR 1.98 3.42 24.56 65.55 BBB N-A 34.50 20.66 CNR-T CANADIAN NATL RAILWAY CO 1.95 12.04 15.91 13.78 A- A2 39.30 20.32 MX-T METHANEX CORP 1.76 -10.63 71.92 -4.80 BB Ba1 3.43 11.25 TA-T TRANSALTA CORP 1.69 5.59 10.53 -4.39 BB+ Ba1 372.63 35.39 WFG-T WEST FRASER TIMBER CO LTD 1.65 29.58 49.97 -8.38 BBB- Baa3 5.22 8.32 TRI-T THOMSON REUTERS CORP 1.59 4.07 15.60 39.07 BBB Baa2 62.05 82.96 CCL-B-T CCL INDUSTRIES INC - CL B 1.57 15.70 13.22 21.23 BBB Baa2 27.35 19.02 MRU-T METRO INC/CN 1.55 11.01 10.00 14.51 BBB N-A 31.19 20.06 L-T LOBLAW COMPANIES LTD 1.45 8.45 13.29 10.19 BBB N-A 27.08 21.60 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.44 1.67 7.92 44.54 BBB Baa3 21.45 9.83 BN-T BROOKFIELD CORP 0.90 5.69 -2.94 -11.25 A- A3 46.05 19.77 TECK-B-T TECK RESOURCES LTD-CLS B 0.86 10.76 29.03 27.30 BBB- Baa3 6.44 7.42 FM-T FIRST QUANTUM MINERALS LTD 0.84 96.10 N-A -3.31 B+ N-A 11.02 18.80 ATD-T ALIMENTATION COUCHE-TARD INC 0.83 22.67 N-A 17.36 BBB N-A 16.52 17.94 WCN-T WASTE CONNECTIONS INC 0.71 14.51 21.89 22.13 BBB+ Baa2 29.08 41.64 CP-T CANADIAN PACIFIC KANSAS CITY 0.70 11.05 0.00 23.99 BBB+ N-A 20.10 29.06 DOL-T DOLLARAMA INC 0.34 9.55 14.79 20.06 BBB N-A 7.97 30.65 HBM-T HUDBAY MINERALS INC 0.33 0.00 0.00 -6.54 B B1 7.44 14.95 SNC-T SNC-LAVALIN GROUP INC 0.24 -40.86 0.00 37.94 BB+ N-A 84.40 49.56 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.14 N-A 16.65 46.73 B+ B1 N-A N-A
Source: Bloomberg