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The table below ranks all S&P/TSX 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.

Notes on data: The dividend yield quoted is based on annualizing the most recent payment. Payout ratio may be different than elsewhere quoted owing to differences in time frame used or method of calculation for after-tax income.

Data is as market close Thursday.

Indicated Dividend Yield5Y Dividend Growth1Y Dividend Growth1Y Total ReturnS&P LT Credit RatingMoody's LT Credit RatingPayout RatioPE Ratio
IGM-TIGM FINANCIAL INC6.180.000.00-14.44AN-A54.898.79
ENB-TENBRIDGE INC6.048.513.0430.50BBB+Baa1116.1819.82
SPB-TSUPERIOR PLUS CORP5.960.000.00-15.51BB-N-AN-A63.50
GWO-TGREAT-WEST LIFECO INC5.895.735.94-5.70A+N-A53.584.48
MFC-TMANULIFE FINANCIAL CORP5.839.368.93-5.65AN-A32.987.61
TCL-A-TTRANSCONTINENTAL INC-CL A5.813.580.00-27.79BBB-N-A59.9511.90
CJR-B-TCORUS ENTERTAINMENT INC-B SH5.80-26.770.00-26.09BBN-A28.985.47
GEI-TGIBSON ENERGY INC5.771.473.6515.19BBB-Ba2141.4324.33
KEY-TKEYERA CORP5.713.940.0019.06BBB-N-A130.8917.27
POW-TPOWER CORP OF CANADA5.697.065.31-5.49A+N-A42.639.30
BCE-TBCE INC5.495.105.1118.52BBB+Baa2117.0919.77
AQN-TALGONQUIN POWER & UTILITIES5.028.245.513.54BBBN-A165.3428.75
PPL-TPEMBINA PIPELINE CORP5.005.480.0038.28BBBN-A126.2317.44
CHP-UN-TCHOICE PROPERTIES REIT5.001.020.008.05BBBN-A2325.65N-A
BNS-TBANK OF NOVA SCOTIA4.975.125.566.46A+N-A46.549.89
TRP-TTC ENERGY CORP4.928.636.3627.38BBB+Baa2187.8216.73
CIX-TCI FINANCIAL CORP4.91-12.200.00-31.55BBB-Baa235.785.36
CRT-UN-TCT REAL ESTATE INVESTMENT TR4.903.974.638.51BBBN-A91.6225.11
CPX-TCAPITAL POWER CORP4.887.026.8218.29BBB-N-A505.5222.68
RUS-TRUSSEL METALS INC4.830.000.00-0.98BB+Ba222.074.37
CAS-TCASCADES INC4.7122.4237.50-21.29BB-Ba2N-AN-A
CM-TCAN IMPERIAL BK OF COMMERCE4.704.495.146.30A+N-A41.819.10
LB-TLAURENTIAN BANK OF CANADA4.68-7.045.00-8.42BBBN-A154.917.85
REI-UN-TRIOCAN REAL ESTATE INVST TR4.60-7.11-23.839.29BBBN-A50.8312.80
AP-UN-TALLIED PROPERTIES REAL ESTAT4.512.573.00-8.11N-ABaa248.8651.47
CU-TCANADIAN UTILITIES LTD-A4.485.311.0118.13BBB+N-A144.7317.65
SLF-TSUN LIFE FINANCIAL INC4.477.9610.00-1.31A+N-A34.419.78
T-TTELUS CORP4.426.496.8320.04BBB+Baa1103.3727.67
QSR-TRESTAURANT BRANDS INTERN4.3023.60-0.78-19.41BBN-A78.4215.45
EMA-TEMERA INC4.194.663.9616.86BBBBaa3128.8216.30
BMO-TBANK OF MONTREAL4.076.5512.7410.03A+N-A36.569.76
ACO/X-TATCO LTD -CLASS I3.968.853.0011.35BBB+N-A83.2220.93
CTC-A-TCANADIAN TIRE CORP-CLASS A3.8915.107.03-17.20BBBN-A26.678.66
TD-TTORONTO-DOMINION BANK3.888.356.338.35AA-N-A40.8611.42
IAG-TIA FINANCIAL CORP INC3.8711.1314.43-5.14AN-A26.99N-A
SU-TSUNCOR ENERGY INC3.871.1550.0081.75BBB+Baa137.9611.92
ABX-TBARRICK GOLD CORP3.8653.00129.16-7.75BBB+Baa132.5519.12
CNQ-TCANADIAN NATURAL RESOURCES3.7918.2530.52106.09BBB-Baa111.5611.04
RY-TROYAL BANK OF CANADA3.786.435.566.85AA-N-A39.0211.29
NA-TNATIONAL BANK OF CANADA3.787.3211.272.24AN-A31.369.70
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.62-0.42-5.37-3.27BBB+N-AN-AN-A
ALA-TALTAGAS LTD3.57-12.538.5527.33BBB-N-A122.1737.88
GRT-UN-TGRANITE REAL ESTATE INVESTME3.573.953.3110.29N-A(P)Baa214.71N-A
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.574.371.0624.00BBB+N-A108.8635.49
FTS-TFORTIS INC3.386.025.9018.77A-Baa379.8524.46
GSY-TGOEASY LTD3.3339.1043.78-23.38BB-Ba324.9011.80
SJR-B-TSHAW COMMUNICATIONS INC-B3.310.000.002.61BBB-Baa2 *-61.0717.84
H-THYDRO ONE LTD3.194.865.0119.87A-N-A65.1820.89
RCI-B-TROGERS COMMUNICATIONS INC-B3.100.820.007.72BBB+ *-Baa1 *-64.8317.15
AEM-TAGNICO EAGLE MINES LTD2.9629.4926.62-19.98N-ABaa262.6130.18
MG-TMAGNA INTERNATIONAL INC2.9210.696.82-28.98A-A333.9511.86
SAP-TSAPUTO INC2.884.102.88-35.39N-ABaa145.5427.56
FTT-TFINNING INTERNATIONAL INC2.853.817.325.20BBB+N-A38.9414.06
CCA-TCOGECO COMMUNICATIONS INC2.7610.4010.20-9.57BB+N-A30.2211.27
K-TKINROSS GOLD CORP2.67N-A29.47-39.80BBB-Baa30.0018.20
OTEX-TOPEN TEXT CORP2.3112.3010.38-10.66BB+Ba168.1621.00
YRI-TYAMANA GOLD INC2.2840.8031.2710.36BBB-Baa371.0521.13
IFC-TINTACT FINANCIAL CORP2.278.457.5312.40N-ABaa127.4214.67
EFN-TELEMENT FLEET MANAGEMENT COR2.2613.7029.554.52BBBN-A35.2117.79
ITP-TINTERTAPE POLYMER GROUP INC2.253.085.8832.29BB- *-Ba2 *-56.9833.70
IMO-TIMPERIAL OIL LTD2.0913.9030.6873.08AA-N-A29.4114.06
CNR-TCANADIAN NATL RAILWAY CO2.0610.8910.1512.67AA235.6323.60
NTR-TNUTRIEN LTD1.90N-A-1.4284.48BBBBaa233.2412.49
TRI-TTHOMSON REUTERS CORP1.860.753.988.24BBBBaa214.0630.76
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.81-0.88-1.3024.81BBB-Baa37.7335.61
RBA-TRITCHIE BROS AUCTIONEERS1.656.007.285.41BB+ *-Ba270.4635.86
MRU-TMETRO INC/CN1.6411.6610.5316.83BBBN-A29.9119.48
CCL-B-TCCL INDUSTRIES INC - CL B1.5915.9616.00-9.75BBBBaa225.2018.07
CVE-TCENOVUS ENERGY INC1.55-12.09500.00189.13BBB-N-A29.9814.74
L-TLOBLAW COMPANIES LTD1.486.5810.0049.61BBBN-A25.3418.90
TA-TTRANSALTA CORP1.383.5010.1432.28BB+Ba1N-A424.93
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.217.473.771.98A-Baa122.69N-A
MX-TMETHANEX CORP1.16-18.44168.1346.94BBBa15.117.88
WFG-TWEST FRASER TIMBER CO LTD1.1330.8034.0023.42BBB-Baa32.882.93
TECK-B-TTECK RESOURCES LTD-CLS B0.9750.61287.5090.03BBB-Baa33.716.84
ATD-B-TALIMENTATION COUCHE-TARD -B0.8911.22-9.52N-ABBBBaa213.58N-A
CP-TCANADIAN PACIFIC RAILWAY LTD0.8613.703.26-8.75BBB+N-A18.1118.99
WCN-TWASTE CONNECTIONS INC0.7513.0611.047.41BBB+Baa235.6342.01
CCO-TCAMECO CORP0.41-27.520.0025.13BBB-N-AN-AN-A
DOL-TDOLLARAMA INC0.348.5711.2822.15BBBN-A9.1630.15
SNC-TSNC-LAVALIN GROUP INC0.31-40.420.00-23.15BB+N-A14.0262.70
HBM-THUDBAY MINERALS INC0.270.000.00-19.79BB2N-AN-A
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.17N-A5.86-6.23B+B1N-AN-A
FM-TFIRST QUANTUM MINERALS LTD0.030.000.0030.45B+N-A0.8317.28

Source: Bloomberg

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