The table below ranks all S&P/TSX companies by indicated dividend yield as reported by Bloomberg. It is intended as a starting point for further research.
We hope the data provided is helpful and credible, but recognize it is not sufficient grounds for actual market transactions on its own.
Investors should verify the data provided and investigate all cases where ‘NAs’ appear in the table before making buy and sell decisions.
As for methodology, we are relying heavily on S&P long-term credit ratings. Index stocks where no credit rating is available are excluded from the table. 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 is of 9:45 a.m. ET on Monday.
Company Ind Dividend Yield Ave Ann 5Y Div Growth rate 1Y Div Growth rate Total Return 12M S&P LT Credit Rating Payout Ratio % PE Ratio TTM BPY-UN-T BROOKFIELD PROPERTY PARTNERS 13.07 7.95 4.25 -38.12 BBB 74.87 9.11 RUS-T RUSSEL METALS INC 10.38 0.00 0.00 -25.74 BB 123.37 16.57 REI-UN-T RIOCAN REAL ESTATE INVST TR 9.66 0.42 0.00 -40.52 BBB 57.29 5.54 KEY-T KEYERA CORP 8.75 7.68 6.74 -28.07 BBB- 89.46 7.34 GWO-T GREAT-WEST LIFECO INC 8.14 6.08 6.11 -22.17 A+ 66.25 105.41 POW-T POWER CORP OF CANADA 7.93 7.46 8.80 -15.30 A+ 79.05 7.30 SPB-T SUPERIOR PLUS CORP 7.83 1.45 0.00 -17.83 BB 88.29 15.11 TCL-A-T TRANSCONTINENTAL INC-CL A 7.51 6.37 4.12 -10.76 BBB- 46.25 7.46 PPL-T PEMBINA PIPELINE CORP 7.33 6.99 6.99 -24.41 BBB 89.13 10.49 ENB-T ENBRIDGE INC 7.28 13.69 9.87 -4.01 BBB+ 111.80 18.77 CJR-B-T CORUS ENTERTAINMENT INC-B SH 7.27 -26.34 0.00 -47.33 BB 32.60 3.43 CPX-T CAPITAL POWER CORP 7.25 7.17 7.24 -6.11 BBB- 250.00 6.91 MIC-T GENWORTH MI CANADA INC 6.99 39.85 421.50 -7.25 BBB+ 126.89 6.14 IGM-T IGM FINANCIAL INC 6.90 0.45 0.00 -4.51 A 72.05 10.31 CNQ-T CANADIAN NATURAL RESOURCES 6.87 11.36 12.32 -26.24 BBB 34.08 14.32 ITP-T INTERTAPE POLYMER GROUP INC 6.65 9.07 6.72 -29.39 BB- 82.47 8.85 CM-T CAN IMPERIAL BK OF COMMERCE 6.60 7.01 5.32 -8.74 A+ 49.91 8.81 MFC-T MANULIFE FINANCIAL CORP 6.57 10.79 9.28 -20.73 A 36.19 7.34 ALA-T ALTAGAS LTD 6.50 -11.64 -39.05 -20.05 BBB- 34.93 N-A BNS-T BANK OF NOVA SCOTIA 6.49 6.22 5.31 -15.18 A+ 51.90 8.71 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 6.48 0.12 0.00 -34.14 BBB- 36.86 8.41 BMO-T BANK OF MONTREAL 6.21 5.75 6.63 -27.51 A+ 46.76 8.43 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.89 3.30 4.00 0.67 BBB 123.28 33.31 CHP-UN-T CHOICE PROPERTIES REIT 5.83 2.63 0.00 1.40 BBB N-A 11.32 BCE-T BCE INC 5.82 5.11 4.99 -0.86 BBB+ 93.93 15.88 LB-T LAURENTIAN BANK OF CANADA 5.71 4.64 3.10 -29.00 BBB 69.32 9.26 TD-T TORONTO-DOMINION BANK 5.37 9.41 9.45 -16.70 AA- 46.09 10.14 CU-T CANADIAN UTILITIES LTD-A 5.27 8.81 5.16 -9.15 A- 52.15 13.51 TRP-T TC ENERGY CORP 5.26 9.32 8.51 -1.28 BBB+ 70.27 13.94 NTR-T NUTRIEN LTD 5.26 N-A 7.67 -25.77 BBB 103.31 19.31 SJR-B-T SHAW COMMUNICATIONS INC-B 5.10 1.11 0.00 -11.25 BBB- 83.87 16.92 T-T TELUS CORP 4.88 7.98 7.01 0.11 BBB+ 77.78 16.82 RY-T ROYAL BANK OF CANADA 4.85 7.10 7.14 -8.26 AA- 46.38 11.45 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.84 11.36 5.76 15.63 BBB+ 1103.95 N-A SLF-T SUN LIFE FINANCIAL INC 4.74 8.30 8.75 -6.32 A+ 47.21 11.84 NA-T NATIONAL BANK OF CANADA 4.71 7.24 9.45 3.31 A 41.68 9.90 EMA-T EMERA INC 4.54 9.54 4.19 9.82 BBB 85.22 22.92 ACO-X-T ATCO LTD -CLASS I 4.50 13.07 7.49 -13.70 A- 36.19 6.97 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.48 8.47 6.82 62.30 BBB+ N-A N-A FTT-T FINNING INTERNATIONAL INC 4.47 2.78 1.86 -11.96 BBB+ *- 55.38 10.99 AQN-T ALGONQUIN POWER & UTILITIES 4.44 13.87 10.46 27.62 BBB 53.18 23.15 CIX-T CI FINANCIAL CORP 4.40 -10.30 0.00 -16.32 BBB 31.71 7.07 IAG-T IA FINANCIAL CORP INC 4.31 11.20 10.32 -10.29 A 27.37 N-A IMO-T IMPERIAL OIL LTD 4.11 11.10 11.39 -39.22 AA 29.36 9.84 INE-T INNERGEX RENEWABLE ENERGY 3.88 3.11 2.92 40.13 BBB- N-A N-A IPL-T INTER PIPELINE LTD 3.87 1.53 -11.34 -33.52 BBB- 131.06 9.95 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.86 16.24 12.26 -10.05 BBB 33.74 10.64 QSR-T RESTAURANT BRANDS INTERN 3.83 62.76 11.28 -12.58 BB 83.36 18.90 MG-T MAGNA INTERNATIONAL INC 3.82 16.17 11.86 3.67 A- *- 25.44 8.13 H-T HYDRO ONE LTD 3.80 N-A 5.00 21.15 A- 73.26 16.43 NPI-T NORTHLAND POWER INC 3.77 2.13 0.00 33.26 BBB 70.02 16.30 FTS-T FORTIS INC 3.60 7.36 6.06 7.48 A- 49.61 21.32 SU-T SUNCOR ENERGY INC 3.57 10.02 15.00 -40.59 BBB+ 90.35 16.80 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.46 1.54 3.09 -16.31 BBB+ 50.02 14.17 FFH-T FAIRFAX FINANCIAL HLDGS LTD 3.39 1.71 -1.93 -36.99 BBB- 13.74 31.46 PKI-T PARKLAND CORP 3.14 2.41 1.73 -3.80 BB 42.75 16.10 CAS-T CASCADES INC 2.31 14.87 100.00 64.30 BB- 32.69 14.21 TRI-T THOMSON REUTERS CORP 2.29 3.01 -76.54 9.63 BBB 48.58 69.77 CCA-T COGECO COMMUNICATIONS INC 2.26 10.90 10.49 13.31 BB+ 30.49 13.69 WFT-T WEST FRASER TIMBER CO LTD 2.16 23.36 6.67 -28.09 BBB- N-A N-A TA-T TRANSALTA CORP 2.13 -25.52 3.13 -8.27 BB+ 65.31 N-A WN-T WESTON (GEORGE) LTD 2.11 4.56 4.48 0.59 BBB 162.12 15.56 PRMW-T PRIMO WATER CORP 1.99 3.23 1.06 -4.51 B N-A 58.09 CNR-T CANADIAN NATL RAILWAY CO 1.94 15.54 14.98 0.86 A 36.62 19.60 EFN-T ELEMENT FLEET MANAGEMENT COR 1.89 N-A -25.00 1.92 BBB 146.09 32.22 RBA-T RITCHIE BROS AUCTIONEERS 1.85 10.06 12.36 34.70 BB+ 55.38 31.50 L-T LOBLAW COMPANIES LTD 1.85 5.15 6.78 0.12 BBB 42.38 20.26 OTEX-T OPEN TEXT CORP 1.66 17.12 12.42 8.24 BB+ 59.31 37.99 MRU-T METRO INC/CN 1.58 14.42 11.84 18.17 BBB 27.94 19.88 TECK-B-T TECK RESOURCES LTD-CLS B 1.53 -25.98 -33.33 -51.87 BBB- N-A 6.95 CCL-B-T CCL INDUSTRIES INC - CL B 1.52 23.01 23.21 -23.64 BBB 25.37 16.75 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.50 11.64 11.37 5.90 A- 27.02 19.07 HSE-T HUSKY ENERGY INC 1.26 -15.70 11.11 -66.89 BBB N-A N-A YRI-T YAMANA GOLD INC 1.19 -15.41 89.56 178.24 BB+ 10.51 40.29 ABX-T BARRICK GOLD CORP 1.16 5.63 35.56 99.23 BBB 8.86 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.97 18.85 27.69 17.73 BBB+ 17.79 19.06 MX-T METHANEX CORP 0.94 10.78 11.03 -58.10 BB 122.91 25.86 WCN-T WASTE CONNECTIONS INC 0.82 2.01 17.59 2.13 BBB+ 30.95 39.93 OSB-T NORBORD INC 0.77 -12.94 -85.59 2.39 BB N-A N-A ATD-B-T ALIMENTATION COUCHE-TARD -B 0.65 24.09 21.18 4.60 BBB 13.85 17.68 HBM-T HUDBAY MINERALS INC 0.54 0.00 0.00 -43.33 B N-A 7.85 CCO-T CAMECO CORP 0.53 -27.52 0.00 10.39 BBB- 42.72 57.54 SNC-T SNC-LAVALIN GROUP INC 0.38 -39.41 -89.66 -13.00 BB+ 12.84 N-A DOL-T DOLLARAMA INC 0.38 9.86 7.32 9.76 BBB 9.80 26.15
Source: Bloomberg
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Scott Barlow