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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 INC6.510.000.00-18.72AN-A54.898.35
ENB-TENBRIDGE INC6.498.513.0413.11BBB+Baa1116.1818.44
SPB-TSUPERIOR PLUS CORP6.430.000.00-22.74BB-N-AN-A58.83
GWO-TGREAT-WEST LIFECO INC6.356.008.90-11.12A+N-A53.584.16
KEY-TKEYERA CORP6.163.940.000.58BBB-N-A130.8916.01
MFC-TMANULIFE FINANCIAL CORP6.1310.2413.39-6.47AN-A32.987.24
CJR-B-TCORUS ENTERTAINMENT INC-B SH6.12-26.770.00-29.30BBN-A28.985.18
GEI-TGIBSON ENERGY INC6.021.473.652.37BBB-Ba2141.4323.31
POW-TPOWER CORP OF CANADA6.016.695.31-13.57A+N-A42.638.81
BCE-TBCE INC5.995.105.126.03BBB+Baa2117.0918.11
RUS-TRUSSEL METALS INC5.710.000.00-18.37BB+Ba122.073.70
TCL-A-TTRANSCONTINENTAL INC-CL A5.713.580.00-32.12BBB-N-A59.9512.17
CRT-UN-TCT REAL ESTATE INVESTMENT TR5.653.994.84-4.67BBBN-A91.6222.50
AQN-TALGONQUIN POWER & UTILITIES5.548.245.51-4.96BBBN-A165.3425.91
CHP-UN-TCHOICE PROPERTIES REIT5.540.850.00-3.62BBBN-A2325.65N-A
TRP-TTC ENERGY CORP5.428.636.367.69BBB+Baa2187.8215.19
PPL-TPEMBINA PIPELINE CORP5.395.370.0022.04BBBN-A126.2316.20
AP-UN-TALLIED PROPERTIES REAL ESTAT5.302.582.99-25.12N-ABaa248.8643.85
REI-UN-TRIOCAN REAL ESTATE INVST TR5.23-7.02-20.97-6.14BBBN-A50.8311.27
CM-TCAN IMPERIAL BK OF COMMERCE5.214.495.14-8.72A+N-A41.819.70
BNS-TBANK OF NOVA SCOTIA5.195.125.562.77A+N-A46.549.45
CIX-TCI FINANCIAL CORP5.17-12.230.00-34.02BBB-Baa235.785.01
CPX-TCAPITAL POWER CORP4.987.026.8212.82BBB-N-A505.5222.22
T-TTELUS CORP4.906.496.483.35BBB+Baa1103.3724.94
CAS-TCASCADES INC4.9024.5750.00-30.45BB-Ba2N-AN-A
SLF-TSUN LIFE FINANCIAL INC4.818.7916.36-5.19A+N-A34.419.09
CU-TCANADIAN UTILITIES LTD-A4.795.311.019.27BBB+N-A144.7316.50
LB-TLAURENTIAN BANK OF CANADA4.65-7.045.00-6.65BBBN-A154.917.96
QSR-TRESTAURANT BRANDS INTERN4.6123.60-0.78-25.08BBN-A78.4214.35
EMA-TEMERA INC4.574.663.965.12BBBBaa3128.8214.94
BMO-TBANK OF MONTREAL4.406.5512.742.43A+N-A36.569.13
ACO-X-TATCO LTD -CLASS I4.348.243.00-2.71BBB+N-A83.2219.09
NA-TNATIONAL BANK OF CANADA4.307.3211.27-4.54AN-A31.368.74
CNQ-TCANADIAN NATURAL RESOURCES4.1719.9542.8873.38BBB-Baa130.7910.03
TD-TTORONTO-DOMINION BANK4.138.356.332.08AA-N-A40.8610.75
RY-TROYAL BANK OF CANADA4.106.435.561.59AA-N-A39.0210.90
IAG-TIA FINANCIAL CORP INC4.0911.9921.65-6.89AN-A26.99N-A
GRT-UN-TGRANITE REAL ESTATE INVESTME4.063.893.31-5.47N-A(P)Baa214.71N-A
CTC-A-TCANADIAN TIRE CORP-CLASS A4.0315.107.03-16.98BBBN-A26.678.36
ALA-TALTAGAS LTD4.02-12.618.197.74BBB-N-A122.1733.66
ABX-TBARRICK GOLD CORP3.9548.8657.623.48BBB+Baa132.5518.36
SU-TSUNCOR ENERGY INC3.944.5080.9567.61BBB+Baa137.9611.70
GSY-TGOEASY LTD3.7739.1043.78-35.20BB-Ba324.9010.41
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.75-0.345.41-5.84BBB+N-AN-AN-A
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.684.025.7415.53BBB+N-A108.8633.43
FTS-TFORTIS INC3.666.025.906.46A-Baa379.8522.58
SJR-B-TSHAW COMMUNICATIONS INC-B3.470.000.00-2.35BBB-Baa2 *-61.0717.01
RCI-B-TROGERS COMMUNICATIONS INC-B3.450.820.00-6.71BBB+ *-Baa1 *-64.8315.42
H-THYDRO ONE LTD3.384.885.0011.00A-N-A65.1819.69
MG-TMAGNA INTERNATIONAL INC3.3210.006.82-35.87A-A333.9510.78
FTT-TFINNING INTERNATIONAL INC3.154.5311.10-4.53BBB+N-A38.9412.73
CCA-TCOGECO COMMUNICATIONS INC3.1310.4010.20-20.63BB+N-A30.229.95
AEM-TAGNICO EAGLE MINES LTD3.1129.1220.17-14.05NRBaa262.6128.58
K-TKINROSS GOLD CORP2.83N-A0.06-33.28BBB-Baa30.0016.68
SAP-TSAPUTO INC2.653.572.14-24.38N-ABaa1109.0131.20
EFN-TELEMENT FLEET MANAGEMENT COR2.3613.7029.55-3.28BBBN-A35.2117.09
OTEX-TOPEN TEXT CORP2.3412.0213.54-22.20BB+Ba168.1620.04
IFC-TINTACT FINANCIAL CORP2.328.9212.654.48N-ABaa127.4214.39
YRI-TYAMANA GOLD INC2.3040.8031.2725.50BBB-Baa371.0520.88
NTR-TNUTRIEN LTD2.25N-A-1.4254.65BBBBaa233.2410.45
ITP-TINTERTAPE POLYMER GROUP INC2.243.2110.6144.68BB- *-Ba2 *-56.9833.68
CNR-TCANADIAN NATL RAILWAY CO2.0911.3413.248.78AA235.6323.26
IMO-TIMPERIAL OIL LTD2.0714.8731.1871.08AA-N-A29.4114.17
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.94-0.88-1.3018.22BBBBaa37.7332.68
TRI-TTHOMSON REUTERS CORP1.831.538.084.47BBBBaa214.0630.86
RBA-TRITCHIE BROS AUCTIONEERS1.686.9413.166.30BB+Ba270.4634.73
CCL-B-TCCL INDUSTRIES INC - CL B1.6515.9215.38-12.24BBBBaa225.2017.42
MRU-TMETRO INC/CN1.6411.6610.5314.36BBBN-A29.9119.45
CVE-TCENOVUS ENERGY INC1.62-0.76450.00118.84BBB-N-A29.9814.13
WFG-TWEST FRASER TIMBER CO LTD1.5330.8034.0022.18BBB-Baa32.882.62
L-TLOBLAW COMPANIES LTD1.467.3913.6447.50BBBN-A25.3419.04
TA-TTRANSALTA CORP1.414.0411.4320.57BB+Ba1N-A416.43
MX-TMETHANEX CORP1.39-14.91250.5433.27BBBa15.116.55
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.277.548.30-6.74A-Baa122.69N-A
TECK-B-TTECK RESOURCES LTD-CLS B1.0341.47325.0094.38BBB-Baa33.716.47
ATD-B-TALIMENTATION COUCHE-TARD -B0.8911.22-9.52N-ABBBBaa213.58N-A
CP-TCANADIAN PACIFIC RAILWAY LTD0.8713.703.26-7.99BBB+N-A18.1118.89
WCN-TWASTE CONNECTIONS INC0.7913.0611.040.87BBB+Baa235.6339.28
CCO-TCAMECO CORP0.44-27.520.0015.60BBB-N-AN-AN-A
SNC-TSNC-LAVALIN GROUP INC0.37-40.420.00-31.39BB+N-A14.0253.72
HBM-THUDBAY MINERALS INC0.320.000.00-17.91BB2N-AN-A
DOL-TDOLLARAMA INC0.318.5711.2825.93BBBN-A9.1630.48
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.19N-A5.86-16.80B+B1N-AN-A
FM-TFIRST QUANTUM MINERALS LTD0.030.000.0012.79B+N-A0.8313.74

Source: Bloomberg

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