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 8.25 2.75 2.89 -42.69 N-A Baa2 *- 142.41 N-A SPB-T SUPERIOR PLUS CORP 7.71 0.00 0.00 -13.92 BB- N-A N-A 47.47 GEI-T GIBSON ENERGY INC 7.14 2.59 5.63 -9.00 BBB- Ba2 96.51 12.26 TRP-T TC ENERGY CORP 6.73 7.19 3.42 -16.43 BBB+ Baa2 560.84 8.19 SES-T SECURE ENERGY SERVICES INC 6.70 -3.82 616.67 -9.40 B B1 20.61 8.38 ENB-T ENBRIDGE INC 6.68 6.75 3.05 -1.01 BBB+ Baa1 269.06 15.65 CM-T CAN IMPERIAL BK OF COMMERCE 6.30 5.26 9.45 -18.36 A+ N-A 48.83 8.85 TCL-A-T TRANSCONTINENTAL INC-CL A 6.28 2.13 0.00 -1.98 BBB- N-A 55.33 10.18 BNS-T BANK OF NOVA SCOTIA 6.27 5.45 8.42 -15.47 A+ N-A 50.41 8.57 KEY-T KEYERA CORP 6.26 2.71 0.00 2.11 BBB- N-A 129.66 15.44 PPL-T PEMBINA PIPELINE CORP 6.21 4.34 3.57 -7.70 BBB N-A 49.58 12.87 BCE-T BCE INC 6.01 5.09 5.15 -0.86 BBB+ Baa2 123.50 19.88 CIX-T CI FINANCIAL CORP 5.97 -12.58 0.00 -22.28 NR Baa2 45.83 6.58 POW-T POWER CORP OF CANADA 5.90 6.99 6.63 1.85 A+ N-A 69.41 12.77 LB-T LAURENTIAN BANK OF CANADA 5.87 -6.15 8.33 -14.26 BBB N-A 35.90 6.22 IGM-T IGM FINANCIAL INC 5.83 0.00 0.00 2.59 A N-A 61.87 8.93 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.61 -3.49 66.67 1.88 BBB- Baa3 N-A 71.57 MFC-T MANULIFE FINANCIAL CORP 5.60 10.17 11.07 10.87 A N-A 35.73 2.51 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.57 3.99 3.49 -6.08 BBB N-A 135.11 34.35 GWO-T GREAT-WEST LIFECO INC 5.41 5.96 7.22 19.20 A+ N-A 56.73 1.71 SU-T SUNCOR ENERGY INC 5.39 8.45 57.14 -14.93 BBB Baa1 28.73 4.85 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.29 -6.13 6.15 -7.02 BBB N-A 131.00 15.96 CHP-UN-T CHOICE PROPERTIES REIT 5.21 0.04 0.23 1.00 BBB N-A 71.93 7.69 T-T TELUS CORP 5.16 6.70 7.16 -6.45 BBB Baa2 117.19 22.99 CPX-T CAPITAL POWER CORP 5.10 6.85 6.15 8.06 BBB- N-A 265.66 8.81 BMO-T BANK OF MONTREAL 5.00 9.03 17.99 -11.54 A+ N-A 27.31 9.52 AQN-T ALGONQUIN POWER & UTILITIES 4.99 7.97 1.46 -29.05 BBB N-A N-A 79.45 POU-T PARAMOUNT RESOURCES LTD -A 4.98 N-A 307.99 -5.69 B+ Ba3 23.57 6.14 CCA-T COGECO COMMUNICATIONS INC 4.93 10.33 10.09 -32.47 BB+ N-A 30.80 6.66 ALA-T ALTAGAS LTD 4.86 -12.90 1.42 -16.54 BBB- N-A 74.69 14.65 CNQ-T CANADIAN NATURAL RESOURCES 4.85 32.57 108.56 -3.27 BBB- Baa1 47.74 8.77 TD-T TORONTO-DOMINION BANK 4.70 8.42 10.12 -8.54 AA- N-A 37.52 9.45 EMA-T EMERA INC 4.68 4.27 4.10 1.35 BBB Baa3 75.03 13.82 CU-T CANADIAN UTILITIES LTD-A 4.62 4.03 1.00 5.51 BBB+ N-A 85.85 12.95 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.58 1.10 11.09 -7.31 BBB+ N-A N-A N-A SLF-T SUN LIFE FINANCIAL INC 4.47 9.64 16.53 5.35 A+ N-A 52.85 11.19 RUS-T RUSSEL METALS INC 4.36 0.00 0.00 9.70 BB+ Ba1 25.71 5.94 PKI-T PARKLAND CORP 4.35 2.58 6.03 -8.35 BB N-A 70.14 13.74 GSY-T GOEASY LTD 4.34 36.98 27.68 -20.26 BB- Ba3 44.60 9.48 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.32 4.88 11.69 -5.14 BBB+ N-A 653.13 72.52 TVE-T TAMARACK VALLEY ENERGY LTD 4.32 N-A 301.51 -27.75 B N-A 0.00 4.90 ACO-X-T ATCO LTD -CLASS I 4.25 6.48 2.99 2.30 BBB+ N-A 56.88 11.24 RY-T ROYAL BANK OF CANADA 4.08 7.45 14.04 3.27 AA- N-A 44.68 12.37 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.02 16.67 35.35 2.93 BBB N-A 35.45 9.52 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.91 3.43 3.29 -4.76 N-A (P)Baa2 129.76 N-A NA-T NATIONAL BANK OF CANADA 3.88 9.88 19.62 13.39 A N-A 36.83 10.57 NPI-T NORTHLAND POWER INC 3.73 1.21 0.00 -14.92 BBB N-A 34.85 16.06 FTS-T FORTIS INC 3.72 5.92 5.77 2.27 A- Baa3 79.32 20.59 MG-T MAGNA INTERNATIONAL INC 3.65 9.79 8.91 -8.86 A- A3 86.82 12.86 NTR-T NUTRIEN LTD 3.35 38.63 12.82 -33.91 BBB Baa2 13.50 4.87 IMO-T IMPERIAL OIL LTD 3.32 19.51 35.65 -8.47 AA- N-A 12.70 5.25 QSR-T RESTAURANT BRANDS INTERN 3.10 16.52 7.77 45.55 BB N-A 65.79 30.13 IAG-T IA FINANCIAL CORP INC 3.07 12.66 19.37 36.50 A N-A 33.90 2.39 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.04 0.82 0.00 -0.12 BBB- Baa3 60.12 17.35 H-T HYDRO ONE LTD 2.97 4.91 4.99 17.02 A- N-A 63.05 23.36 SJR-B-T SHAW COMMUNICATIONS INC-B 2.93 0.00 0.00 N-A NR Baa2 *- 83.85 27.17 FTT-T FINNING INTERNATIONAL INC 2.80 4.64 7.27 -6.03 BBB+ N-A 29.04 10.32 CVE-T CENOVUS ENERGY INC 2.71 21.70 408.57 -18.48 BBB- Baa2 3.40 8.95 OTEX-T OPEN TEXT CORP 2.66 12.88 15.79 2.37 BB+ Ba2 60.36 23.06 AEM-T AGNICO EAGLE MINES LTD 2.64 31.22 16.08 13.53 NR Baa2 108.24 29.44 VET-T VERMILION ENERGY INC 2.48 -34.20 433.33 -39.48 B+ B1 3.49 1.33 EFN-T ELEMENT FLEET MANAGEMENT COR 2.34 3.42 24.56 55.47 BBB N-A 34.50 18.22 K-T KINROSS GOLD CORP 2.28 N-A 4.87 16.92 BBB- Baa3 0.00 18.47 IFC-T INTACT FINANCIAL CORP 2.19 9.37 14.85 16.50 N-A Baa1 29.71 13.43 SAP-T SAPUTO INC 2.13 2.71 0.70 28.52 N-A Baa1 109.01 23.52 YRI-T YAMANA GOLD INC 2.06 36.37 -17.87 N-A BBB- Baa3 71.05 N-A CNR-T CANADIAN NATL RAILWAY CO 1.97 12.04 15.91 7.79 A- A2 39.30 20.15 ABX-T BARRICK GOLD CORP 1.96 40.85 -13.47 -0.88 BBB+ A3 266.47 27.95 RBA-T RITCHIE BROS AUCTIONEERS 1.92 26.87 136.84 15.88 BB+ Ba2 36.04 29.92 TA-T TRANSALTA CORP 1.77 5.59 10.53 -8.05 BB+ Ba1 372.63 33.79 MX-T METHANEX CORP 1.71 -10.63 71.92 -11.29 BB Ba1 3.43 11.58 WFG-T WEST FRASER TIMBER CO LTD 1.68 29.58 49.97 -15.81 BBB- Baa3 5.22 8.18 CCL-B-T CCL INDUSTRIES INC - CL B 1.65 15.70 13.22 15.76 BBB Baa2 27.35 18.52 TRI-T THOMSON REUTERS CORP 1.64 4.07 15.60 34.90 BBB Baa2 62.05 80.64 MRU-T METRO INC/CN 1.56 10.48 10.00 14.00 BBB N-A 31.19 19.98 L-T LOBLAW COMPANIES LTD 1.46 8.45 13.29 10.23 BBB N-A 27.08 21.35 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.45 1.67 7.92 39.06 BBB Baa3 21.45 15.61 BN-T BROOKFIELD CORP 0.93 5.69 -2.94 -19.15 A- A3 46.05 20.25 TECK-B-T TECK RESOURCES LTD-CLS B 0.87 10.76 29.03 12.73 BBB- Baa3 6.44 7.39 ATD-T ALIMENTATION COUCHE-TARD INC 0.84 22.67 26.58 21.43 BBB Baa2 16.52 17.77 FM-T FIRST QUANTUM MINERALS LTD 0.77 96.10 N-A -0.80 B+ N-A 11.02 20.43 WCN-T WASTE CONNECTIONS INC 0.73 13.69 17.61 16.14 BBB+ Baa2 29.08 40.55 CP-T CANADIAN PACIFIC KANSAS CITY 0.72 11.05 0.00 14.40 BBB+ N-A 20.10 28.22 DOL-T DOLLARAMA INC 0.34 9.55 14.79 17.15 BBB N-A 7.97 29.87 HBM-T HUDBAY MINERALS INC 0.30 0.00 0.00 -16.44 B B1 7.44 9.31 SNC-T SNC-LAVALIN GROUP INC 0.25 -40.86 0.00 28.64 BB+ N-A 84.40 53.52 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.14 N-A 16.65 29.98 B+ B1 N-A N-A
Source: Bloomberg