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 10.77 2.84 2.88 -28.98 N-A Baa3 142.41 N-A TCL-A-T TRANSCONTINENTAL INC-CL A 8.31 1.63 0.00 -24.64 BBB- N-A 55.33 8.12 ENB-T ENBRIDGE INC 7.80 5.75 3.20 -9.37 BBB+ Baa1 269.06 15.32 GEI-T GIBSON ENERGY INC 7.68 3.13 5.48 -7.41 BBB- N-A 96.51 13.47 SPB-T SUPERIOR PLUS CORP 7.48 0.00 0.00 4.62 BB- N-A N-A 50.81 TRP-T TC ENERGY CORP 7.47 6.49 3.36 -16.52 BBB+ Baa3 560.84 7.70 AQN-T ALGONQUIN POWER & UTILITIES 7.45 1.48 -25.07 -13.38 BBB N-A N-A 41.05 BCE-T BCE INC 7.13 5.09 5.16 -6.72 BBB+ Baa2 123.50 16.80 LB-T LAURENTIAN BANK OF CANADA 7.08 -6.04 4.49 -16.31 BBB N-A 35.90 5.43 BNS-T BANK OF NOVA SCOTIA 6.96 4.97 2.96 -6.14 A+ N-A 50.41 8.88 CRT-UN-T CT REAL ESTATE INVESTMENT TR 6.80 3.94 3.44 -5.84 BBB N-A 135.11 23.68 CCA-T COGECO COMMUNICATIONS INC 6.70 10.29 10.07 -27.52 BB N-A N-A 5.40 IGM-T IGM FINANCIAL INC 6.58 0.00 0.00 -8.54 A N-A 62.69 10.39 CM-T CAN IMPERIAL BK OF COMMERCE 6.49 5.28 5.20 -9.60 A+ N-A 48.83 9.18 KEY-T KEYERA CORP 6.33 2.77 2.08 14.45 BBB N-A 129.66 16.26 REI-UN-T RIOCAN REAL ESTATE INVST TR 6.27 -5.79 5.97 -12.09 BBB N-A 131.00 10.65 CPX-T CAPITAL POWER CORP 6.22 6.74 5.96 -3.94 BBB- N-A 265.66 6.16 T-T TELUS CORP 6.14 6.77 7.31 -11.42 BBB Baa2 117.19 24.38 PPL-T PEMBINA PIPELINE CORP 6.04 3.60 4.54 -1.01 BBB N-A 49.53 18.06 EMA-T EMERA INC 5.92 4.08 4.11 0.21 BBB Baa3 75.03 11.21 POW-T POWER CORP OF CANADA 5.79 6.93 4.55 17.08 A+ N-A 69.41 9.02 CHP-UN-T CHOICE PROPERTIES REIT 5.77 0.18 0.90 -3.03 BBB N-A 71.93 12.69 CIX-T CI FINANCIAL CORP 5.72 0.00 0.00 2.93 NR Baa2 45.83 5.70 MFC-T MANULIFE FINANCIAL CORP 5.61 10.50 7.95 17.14 A N-A 35.73 9.72 POU-T PARAMOUNT RESOURCES LTD -A 5.51 N-A 134.74 -3.74 BB- Ba3 23.57 7.43 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 5.50 5.28 12.39 -19.30 BBB+ N-A 653.13 N-A BEP-UN-T BROOKFIELD RENEWABLE PARTNER 5.48 1.72 11.63 -7.80 BBB+ N-A N-A N-A NPI-T NORTHLAND POWER INC 5.45 0.17 0.00 -37.39 BBB N-A 34.85 15.48 BMO-T BANK OF MONTREAL 5.27 8.94 6.62 -11.17 A+ N-A 27.31 10.80 SES-T SECURE ENERGY SERVICES INC 5.13 8.28 N-A 9.66 B B1 20.61 12.64 GWO-T GREAT-WEST LIFECO INC 4.90 5.97 4.59 43.45 A+ N-A 56.73 N-A CTC-A-T CANADIAN TIRE CORP-CLASS A 4.88 13.90 17.95 2.37 BBB N-A 35.45 14.76 SU-T SUNCOR ENERGY INC 4.86 8.24 16.85 -3.33 BBB Baa1 28.73 8.90 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.71 3.30 3.26 -8.00 N-A (P)Baa2 129.76 12.57 TD-T TORONTO-DOMINION BANK 4.63 8.03 7.87 -1.02 AA- N-A 37.52 9.91 CNQ-T CANADIAN NATURAL RESOURCES 4.51 22.63 -18.16 15.21 BBB- Baa1 47.74 13.92 SLF-T SUN LIFE FINANCIAL INC 4.51 9.59 8.89 16.84 A+ N-A 52.85 10.91 NA-T NATIONAL BANK OF CANADA 4.51 10.28 11.17 -2.13 A N-A 36.83 9.72 RY-T ROYAL BANK OF CANADA 4.49 7.21 7.66 -5.58 AA- N-A 44.68 11.57 FTS-T FORTIS INC 4.20 6.09 5.30 11.90 A- Baa3 79.32 18.00 RUS-T RUSSEL METALS INC 4.14 0.52 2.63 40.39 BB+ Ba1 25.71 8.66 ALA-T ALTAGAS LTD 4.10 -12.79 4.25 26.62 BBB- N-A 74.69 16.17 TVE-T TAMARACK VALLEY ENERGY LTD 4.00 N-A 63.93 -23.63 B N-A 1.67 15.23 NTR-T NUTRIEN LTD 3.73 12.19 13.20 -22.73 BBB Baa2 13.50 9.73 IAG-T IA FINANCIAL CORP INC 3.60 13.82 8.39 24.77 A N-A 33.90 9.69 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.43 0.82 0.00 2.55 BBB- Baa3 60.12 18.32 MG-T MAGNA INTERNATIONAL INC 3.39 8.93 6.98 -5.32 A- A3 86.82 10.95 AEM-T AGNICO EAGLE MINES LTD 3.22 30.76 9.32 10.14 NR Baa2 108.24 25.39 H-T HYDRO ONE LTD 3.16 5.06 5.51 13.14 A- N-A 63.05 21.28 PKI-T PARKLAND CORP 3.11 2.88 3.46 79.60 BB N-A 70.14 14.33 QSR-T RESTAURANT BRANDS INTERN 3.11 7.91 6.16 13.46 BB N-A 65.79 26.88 GSY-T GOEASY LTD 3.10 34.69 11.80 11.58 BB- Ba3 44.60 9.94 SAP-T SAPUTO INC 2.77 2.37 0.69 -22.50 N-A Baa1 48.46 16.58 FTT-T FINNING INTERNATIONAL INC 2.74 4.50 5.42 20.15 BBB+ N-A 29.04 9.47 IMO-T IMPERIAL OIL LTD 2.63 21.85 45.74 4.04 AA- N-A 12.70 8.63 OTEX-T OPEN TEXT CORP 2.59 12.48 13.91 41.34 BB+ Ba2 170.56 19.46 ABX-T BARRICK GOLD CORP 2.52 31.68 -34.99 8.36 BBB+ A3 266.47 19.35 CVE-T CENOVUS ENERGY INC 2.31 19.63 24.37 -10.89 BBB- Baa2 3.40 11.05 EFN-T ELEMENT FLEET MANAGEMENT COR 2.29 5.92 29.03 17.01 BBB N-A 34.50 19.15 VET-T VERMILION ENERGY INC 2.28 -32.37 90.00 -30.43 B+ B1 3.49 2.61 K-T KINROSS GOLD CORP 2.21 N-A 6.10 41.63 BBB- Baa3 494.10 12.59 IFC-T INTACT FINANCIAL CORP 2.09 9.43 9.97 11.28 N-A Baa1 29.71 19.94 YRI-T YAMANA GOLD INC 2.06 9.45 -73.84 N-A BBB- Baa3 N-A N-A CNR-T CANADIAN NATL RAILWAY CO 1.99 11.78 10.31 -2.76 A- A2 39.30 21.30 TA-T TRANSALTA CORP 1.97 6.58 10.00 -5.87 BB+ Ba1 372.63 6.45 CCL-B-T CCL INDUSTRIES INC - CL B 1.84 15.43 11.29 -3.46 BBB Baa2 27.35 16.35 MRU-T METRO INC/CN 1.77 10.94 10.00 -5.69 BBB N-A 27.72 16.20 RBA-T RB GLOBAL INC 1.76 27.16 125.51 19.80 BB+ Ba2 36.04 30.80 MX-T METHANEX CORP 1.70 -10.27 31.98 19.73 BB Ba1 3.43 16.94 WFG-T WEST FRASER TIMBER CO LTD 1.57 21.58 19.04 -1.92 BBB- Baa3 5.22 252.27 L-T LOBLAW COMPANIES LTD 1.49 8.54 10.52 12.78 BBB N-A 27.08 19.05 TRI-T THOMSON REUTERS CORP 1.42 5.37 11.46 27.97 BBB Baa2 62.05 28.98 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.11 1.67 7.92 66.63 BBB Baa2 21.45 7.29 FM-T FIRST QUANTUM MINERALS LTD 1.04 83.84 27.27 -48.48 B+ N-A 11.02 11.71 TECK-B-T TECK RESOURCES LTD-CLS B 1.02 10.76 8.11 12.91 BBB- Baa3 6.44 9.69 BN-T BROOKFIELD CORP 0.85 -1.24 -32.61 -2.55 A- A3 46.05 40.74 WCN-T WASTE CONNECTIONS INC 0.85 13.65 16.51 1.21 BBB+ Baa1 29.08 38.55 CP-T CANADIAN PACIFIC KANSAS CITY 0.76 9.40 0.00 -4.07 BBB+ N-A 17.00 26.80 ATD-T ALIMENTATION COUCHE-TARD INC 0.71 24.13 27.27 26.89 BBB+ Baa1 17.28 18.83 HBM-T HUDBAY MINERALS INC 0.33 0.00 0.00 -16.36 B B1 7.44 65.89 DOL-T DOLLARAMA INC 0.29 11.31 23.82 27.60 BBB N-A 7.97 31.49 ATRL-T SNC-LAVALIN GROUP INC 0.18 -41.30 0.00 81.80 BB+ N-A 84.40 44.67 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.18 N-A 11.76 15.68 B+ B1 N-A N-A
Source: Bloomberg