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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
ENB-TENBRIDGE INC5.838.513.0434.74BBB+Baa1116.1820.54
GWO-TGREAT-WEST LIFECO INC5.806.008.90-3.52A+N-A53.584.55
IGM-TIGM FINANCIAL INC5.780.000.00-8.82AN-A54.899.40
SPB-TSUPERIOR PLUS CORP5.750.000.00-13.40BB-N-AN-A65.82
MFC-TMANULIFE FINANCIAL CORP5.6110.2413.39-1.90AN-A32.987.91
KEY-TKEYERA CORP5.493.940.0015.29BBB-N-A130.8917.97
TCL-A-TTRANSCONTINENTAL INC-CL A5.473.580.00-21.63BBB-N-A59.9512.64
GEI-TGIBSON ENERGY INC5.391.473.6518.60BBB-Ba2141.4326.06
POW-TPOWER CORP OF CANADA5.397.065.31-2.93A+N-A42.639.82
BCE-TBCE INC5.345.105.1120.03BBB+Baa2117.0920.32
CJR-B-TCORUS ENTERTAINMENT INC-B SH5.33-26.770.00-25.27BBN-A28.985.95
AQN-TALGONQUIN POWER & UTILITIES4.958.245.512.98BBBN-A165.3429.11
CHP-UN-TCHOICE PROPERTIES REIT4.940.850.008.22BBBN-A2325.65N-A
TRP-TTC ENERGY CORP4.868.636.3624.97BBB+Baa2187.8216.95
CPX-TCAPITAL POWER CORP4.817.026.8224.28BBB-N-A505.5222.98
CRT-UN-TCT REAL ESTATE INVESTMENT TR4.813.994.8411.28BBBN-A91.6225.57
PPL-TPEMBINA PIPELINE CORP4.815.370.0045.90BBBN-A126.2318.15
BNS-TBANK OF NOVA SCOTIA4.795.125.5610.23A+N-A46.5410.24
RUS-TRUSSEL METALS INC4.750.000.001.67BB+Ba222.074.44
CM-TCAN IMPERIAL BK OF COMMERCE4.684.495.141.79A+N-A41.8110.81
CAS-TCASCADES INC4.6424.5750.00-20.19BB-Ba2N-AN-A
AP-UN-TALLIED PROPERTIES REAL ESTAT4.542.582.99-11.67N-ABaa248.8651.14
CIX-TCI FINANCIAL CORP4.49-12.230.00-26.13BBB-Baa235.785.76
REI-UN-TRIOCAN REAL ESTATE INVST TR4.48-7.02-20.9710.68BBBN-A50.8313.15
CU-TCANADIAN UTILITIES LTD-A4.445.311.0119.26BBB+N-A144.7317.78
SLF-TSUN LIFE FINANCIAL INC4.418.7916.36-0.36A+N-A34.419.91
T-TTELUS CORP4.266.496.8320.05BBB+Baa1103.3728.69
LB-TLAURENTIAN BANK OF CANADA4.19-7.045.000.61BBBN-A154.918.83
EMA-TEMERA INC4.174.663.9617.33BBBBaa3128.8216.37
QSR-TRESTAURANT BRANDS INTERN4.0823.60-0.78-17.68BBN-A78.4216.22
ACO-X-TATCO LTD -CLASS I4.089.013.008.12BBB+N-A83.2220.31
BMO-TBANK OF MONTREAL4.026.5512.7411.44A+N-A36.56N-A
ABX-TBARRICK GOLD CORP3.8848.8657.62-2.34BBB+Baa132.5519.34
RY-TROYAL BANK OF CANADA3.856.435.569.01AA-N-A39.0211.60
NA-TNATIONAL BANK OF CANADA3.767.3211.278.69AN-A31.369.99
IAG-TIA FINANCIAL CORP INC3.7511.9921.65-2.04AN-A26.99N-A
CTC-A-TCANADIAN TIRE CORP-CLASS A3.7415.107.03-11.66BBBN-A26.679.02
SU-TSUNCOR ENERGY INC3.704.5080.9575.02BBB+Baa137.9612.47
TD-TTORONTO-DOMINION BANK3.688.356.3314.35AA-N-A40.8612.08
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.59-0.345.41-1.22BBB+N-AN-AN-A
ALA-TALTAGAS LTD3.50-12.618.1926.89BBB-N-A122.1738.64
CNQ-TCANADIAN NATURAL RESOURCES3.5018.2530.5298.82BBB-Baa130.7911.94
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.494.025.7422.52BBB+N-A108.8636.47
FTS-TFORTIS INC3.396.025.9019.04A-Baa379.8524.41
GRT-UN-TGRANITE REAL ESTATE INVESTME3.373.893.3119.44N-A(P)Baa214.71N-A
SJR-B-TSHAW COMMUNICATIONS INC-B3.320.000.002.21BBB-Baa2 *-61.0717.79
H-THYDRO ONE LTD3.154.865.0119.37A-N-A65.1821.10
RCI-B-TROGERS COMMUNICATIONS INC-B3.100.820.006.75BBB+ *-Baa1 *-64.8317.17
GSY-TGOEASY LTD3.0239.1043.78-15.88BB-Ba324.9013.00
AEM-TAGNICO EAGLE MINES LTD2.8829.1220.17-15.30NRBaa262.6130.92
MG-TMAGNA INTERNATIONAL INC2.8210.006.82-30.61A-A333.9512.51
CCA-TCOGECO COMMUNICATIONS INC2.8210.4010.20-12.78BB+N-A30.2211.05
SAP-TSAPUTO INC2.814.102.88-33.48N-ABaa145.5428.15
FTT-TFINNING INTERNATIONAL INC2.764.5311.1014.21BBB+N-A38.9414.52
K-TKINROSS GOLD CORP2.57N-A0.06-36.72BBB-Baa30.0018.96
EFN-TELEMENT FLEET MANAGEMENT COR2.1913.7029.556.68BBBN-A35.2118.39
IFC-TINTACT FINANCIAL CORP2.168.457.5311.62N-ABaa127.4215.41
OTEX-TOPEN TEXT CORP2.1412.0213.54-8.36BB+Ba168.1622.62
ITP-TINTERTAPE POLYMER GROUP INC2.143.085.8844.17BB- *-Ba2 *-56.9835.43
YRI-TYAMANA GOLD INC2.0440.8031.2722.40BBB-Baa371.0523.54
NTR-TNUTRIEN LTD2.00N-A-1.4263.12BBBBaa233.2411.80
CNR-TCANADIAN NATL RAILWAY CO1.9710.8910.1511.94AA235.6324.69
IMO-TIMPERIAL OIL LTD1.9714.8731.1873.96AA-N-A29.4114.92
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.81-0.88-1.3022.25BBBBaa37.7336.15
TRI-TTHOMSON REUTERS CORP1.801.538.088.51BBBBaa214.0632.37
RBA-TRITCHIE BROS AUCTIONEERS1.656.9413.168.62BB+Ba270.4636.41
CCL-B-TCCL INDUSTRIES INC - CL B1.5615.9616.00-10.06BBBBaa225.2018.36
MRU-TMETRO INC/CN1.5511.6610.5323.43BBBN-A29.9120.53
L-TLOBLAW COMPANIES LTD1.406.5810.0057.07BBBN-A25.3419.91
CVE-TCENOVUS ENERGY INC1.40-12.09500.00171.91BBB-N-A29.9816.35
TA-TTRANSALTA CORP1.384.0411.4328.08BB+Ba1N-A423.17
WFG-TWEST FRASER TIMBER CO LTD1.1230.8034.0026.27BBB-Baa32.882.99
MX-TMETHANEX CORP1.11-18.44168.1348.94BBBa15.118.21
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.107.548.308.60A-Baa122.69N-A
TECK-B-TTECK RESOURCES LTD-CLS B0.9050.61287.5096.71BBB-Baa33.717.41
ATD-B-TALIMENTATION COUCHE-TARD -B0.8911.22-9.52N-ABBBBaa213.58N-A
CP-TCANADIAN PACIFIC RAILWAY LTD0.7913.703.26-1.41BBB+N-A18.1120.74
WCN-TWASTE CONNECTIONS INC0.7213.0611.0412.99BBB+Baa235.6344.69
CCO-TCAMECO CORP0.37-27.520.0026.64BBB-N-AN-AN-A
SNC-TSNC-LAVALIN GROUP INC0.31-40.420.00-19.34BB+N-A14.0262.84
DOL-TDOLLARAMA INC0.318.5711.2832.70BBBN-A9.1632.81
HBM-THUDBAY MINERALS INC0.260.000.00-13.74BB2N-AN-A
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.15N-A5.863.72B+B1N-AN-A
FM-TFIRST QUANTUM MINERALS LTD0.030.000.0036.62B+N-A0.8319.04

Source: Bloomberg

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