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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
GEI-TGIBSON ENERGY INC6.731.764.3512.04BBB-Ba2141.4323.09
KEY-TKEYERA CORP6.533.750.00-3.62BBB-N-A130.8915.17
IGM-TIGM FINANCIAL INC6.410.000.00-14.57AN-A54.898.49
CJR-B-TCORUS ENTERTAINMENT INC-B SH6.40-26.770.00-34.89BBN-A28.985.29
ENB-TENBRIDGE INC6.378.513.0416.47BBB+Baa1116.1818.97
SPB-TSUPERIOR PLUS CORP6.260.000.00-21.35BB-N-AN-A60.35
GWO-TGREAT-WEST LIFECO INC6.146.008.90-8.41A+N-A53.584.27
RUS-TRUSSEL METALS INC5.890.000.00-17.63BB+Ba122.073.58
POW-TPOWER CORP OF CANADA5.827.227.96-7.77A+N-A42.639.05
MFC-TMANULIFE FINANCIAL CORP5.7910.2413.390.90AN-A32.987.63
TCL-A-TTRANSCONTINENTAL INC-CL A5.783.170.00-29.27BBB-N-A59.9512.02
BCE-TBCE INC5.735.105.128.77BBB+Baa2117.0918.81
PPL-TPEMBINA PIPELINE CORP5.615.260.0024.86BBBN-A126.2315.89
BNS-TBANK OF NOVA SCOTIA5.475.559.171.41A+N-A46.548.97
TRP-TTC ENERGY CORP5.458.265.3614.08BBB+Baa2187.8215.30
AQN-TALGONQUIN POWER & UTILITIES5.318.288.25-2.20BBBN-A165.3426.72
CHP-UN-TCHOICE PROPERTIES REIT5.290.690.00-0.09BBBN-A2325.65N-A
CRT-UN-TCT REAL ESTATE INVESTMENT TR5.254.004.573.29BBBN-A91.6224.22
CM-TCAN IMPERIAL BK OF COMMERCE5.224.918.56-5.43A+N-A41.818.61
REI-UN-TRIOCAN REAL ESTATE INVST TR5.08-6.92-17.92-6.77BBBN-A50.8311.61
CIX-TCI FINANCIAL CORP5.02-12.260.00-34.32BBB-Baa235.785.12
AP-UN-TALLIED PROPERTIES REAL ESTAT5.022.602.97-21.16N-ABaa248.8645.29
CPX-TCAPITAL POWER CORP4.877.026.8314.96BBB-N-A505.5222.94
CAS-TCASCADES INC4.8024.5750.00-31.85BB-Ba2N-AN-A
CU-TCANADIAN UTILITIES LTD-A4.745.311.0115.58BBB+N-A144.7318.60
T-TTELUS CORP4.676.496.488.68BBB+Baa1103.3726.11
SLF-TSUN LIFE FINANCIAL INC4.638.7916.36-1.44A+N-A34.419.31
CNQ-TCANADIAN NATURAL RESOURCES4.6219.9542.8852.93BBB-Baa130.799.02
LB-TLAURENTIAN BANK OF CANADA4.61-6.658.12-3.59BBBN-A154.918.04
ABX-TBARRICK GOLD CORP4.5748.8657.62-10.48BBB+Baa132.5515.88
BMO-TBANK OF MONTREAL4.416.5512.744.71A+N-A36.569.13
EMA-TEMERA INC4.354.663.969.91BBBBaa3128.8215.51
TD-TTORONTO-DOMINION BANK4.318.519.492.25AA-N-A40.8610.29
SU-TSUNCOR ENERGY INC4.314.5080.9556.53BBB+Baa137.9610.63
ACO-X-TATCO LTD -CLASS I4.298.243.004.94BBB+N-A83.2219.78
NA-TNATIONAL BANK OF CANADA4.248.4218.66-1.86AN-A31.368.88
QSR-TRESTAURANT BRANDS INTERN4.1623.992.79-12.68BBN-A78.4215.86
RY-TROYAL BANK OF CANADA4.006.435.564.87AA-N-A39.0211.13
GRT-UN-TGRANITE REAL ESTATE INVESTME3.953.833.31-5.09N-A(P)Baa214.71N-A
IAG-TIA FINANCIAL CORP INC3.9411.9921.650.44AN-A26.99N-A
CTC-A-TCANADIAN TIRE CORP-CLASS A3.9215.107.03-9.41BBBN-A26.678.77
ALA-TALTAGAS LTD3.87-12.707.827.20BBB-N-A122.1734.86
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.654.025.7410.98BBB+N-A108.8633.55
FTS-TFORTIS INC3.546.025.9011.59A-Baa379.8523.23
AEM-TAGNICO EAGLE MINES LTD3.5429.1220.17-20.40NRBaa262.6125.24
GSY-TGOEASY LTD3.5338.7841.44-33.51BB-Ba324.9011.14
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.52-0.345.41-1.17BBB+N-AN-AN-A
FTT-TFINNING INTERNATIONAL INC3.474.5311.10-15.22BBB+N-A38.9411.28
K-TKINROSS GOLD CORP3.40N-A0.06-42.24BBB-Baa30.0013.67
SJR-B-TSHAW COMMUNICATIONS INC-B3.340.000.004.72BBB-Baa2 *-61.0721.47
H-THYDRO ONE LTD3.324.885.0016.18A-N-A65.1820.37
RCI-B-TROGERS COMMUNICATIONS INC-B3.250.820.00-3.85BBB+ *-Baa1 *-64.8316.58
CCA-TCOGECO COMMUNICATIONS INC3.2010.4010.20-23.90BB+N-A30.229.72
MG-TMAGNA INTERNATIONAL INC3.1510.006.82-32.47A-A333.9511.16
YRI-TYAMANA GOLD INC2.5641.8824.3220.59BBB-Baa371.0518.69
NTR-TNUTRIEN LTD2.47N-A2.5837.15BBBBaa233.249.47
SAP-TSAPUTO INC2.443.712.86-19.09N-ABaa1109.0134.00
IMO-TIMPERIAL OIL LTD2.4114.8731.1865.24AA-N-A29.4112.37
EFN-TELEMENT FLEET MANAGEMENT COR2.248.2723.96-1.47BBBN-A35.2117.97
ITP-TINTERTAPE POLYMER GROUP INC2.183.2110.61N-ANRWR56.9834.73
OTEX-TOPEN TEXT CORP2.1412.0213.54-17.91BB+Ba168.1621.75
IFC-TINTACT FINANCIAL CORP2.138.9212.6512.35N-ABaa127.4215.65
CNR-TCANADIAN NATL RAILWAY CO2.0311.3413.2413.23AA235.6324.41
FFH-TFAIRFAX FINANCIAL HLDGS LTD2.00-0.88-1.3030.54BBBBaa37.7335.62
CVE-TCENOVUS ENERGY INC1.79-0.76450.00111.13BBB-N-A29.9812.82
TRI-TTHOMSON REUTERS CORP1.691.538.0811.24BBBBaa214.0633.99
MRU-TMETRO INC/CN1.5411.6610.5318.99BBBN-A29.9120.53
MX-TMETHANEX CORP1.54-14.91250.5427.71BBBa15.116.14
CCL-B-TCCL INDUSTRIES INC - CL B1.5315.9215.38-6.53BBBBaa225.2018.74
RBA-TRITCHIE BROS AUCTIONEERS1.486.9413.1616.29BB+Ba270.4638.57
WFG-TWEST FRASER TIMBER CO LTD1.4134.0042.3014.27BBB-Baa32.882.74
TA-TTRANSALTA CORP1.374.0411.4322.77BB+Ba1N-A434.30
L-TLOBLAW COMPANIES LTD1.357.3913.6453.89BBBN-A25.3420.46
TECK-B-TTECK RESOURCES LTD-CLS B1.3241.47325.0036.19BBB-Baa33.714.96
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.197.548.30-4.73A-Baa122.69N-A
ATD-B-TALIMENTATION COUCHE-TARD -B0.8911.22-14.29N-ABBBBaa216.52N-A
CP-TCANADIAN PACIFIC RAILWAY LTD0.8313.000.003.34BBB+N-A18.1120.19
WCN-TWASTE CONNECTIONS INC0.7613.0611.048.69BBB+Baa235.6343.22
CCO-TCAMECO CORP0.43-27.520.0027.59BBB-N-AN-AN-A
HBM-THUDBAY MINERALS INC0.370.000.00-36.42BB2N-AN-A
SNC-TSNC-LAVALIN GROUP INC0.34-40.420.00-27.97BB+N-A14.0256.40
DOL-TDOLLARAMA INC0.298.5710.2334.62BBBN-A9.1633.00
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.18N-A5.86-14.82B+B1N-AN-A
FM-TFIRST QUANTUM MINERALS LTD0.050.000.00-5.22B+N-A0.8312.66

Source: Bloomberg

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