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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
CJR-B-TCORUS ENTERTAINMENT INC-B SH7.02-26.770.00-39.36BBN/A28.984.94
GWO-TGREAT-WEST LIFECO INC6.536.008.90-14.56A+N/A53.584.04
IGM-TIGM FINANCIAL INC6.500.000.00-16.85AN/A54.898.36
KEY-TKEYERA CORP6.503.750.00-4.83BBB-N/A130.8915.18
SPB-TSUPERIOR PLUS CORP6.430.000.00-24.24BB-N/AN/A58.78
ENB-TENBRIDGE INC6.398.513.0416.27BBB+Baa1116.1818.74
RUS-TRUSSEL METALS INC6.270.000.00-25.15BB+Ba122.073.37
TCL-A-TTRANSCONTINENTAL INC-CL A6.093.170.00-33.90BBB-N/A59.9511.42
MFC-TMANULIFE FINANCIAL CORP6.0210.2413.39-4.43AN/A32.987.36
POW-TPOWER CORP OF CANADA5.997.227.96-11.21A+N/A42.638.83
GEI-TGIBSON ENERGY INC5.981.764.3512.08BBB-Ba2141.4323.49
BCE-TBCE INC5.755.105.128.57BBB+Baa2117.0918.86
BNS-TBANK OF NOVA SCOTIA5.755.559.17-5.08A+N/A46.548.53
CM-TCAN IMPERIAL BK OF COMMERCE5.604.918.56-13.80A+N/A41.818.03
CRT-UN-TCT REAL ESTATE INVESTMENT TR5.564.004.57-3.61BBBN/A91.6222.87
PPL-TPEMBINA PIPELINE CORP5.555.260.0022.91BBBN/A126.2315.74
CHP-UN-TCHOICE PROPERTIES REIT5.450.690.00-3.09BBBN/A2325.65N/A
TRP-TTC ENERGY CORP5.438.265.3613.26BBB+Baa2187.8215.16
AP-UN-TALLIED PROPERTIES REAL ESTAT5.412.602.97-26.82N/ABaa248.8642.95
CIX-TCI FINANCIAL CORP5.35-12.260.00-38.53BBB-Baa235.784.83
AQN-TALGONQUIN POWER & UTILITIES5.358.288.25-3.33BBBN/A165.3426.58
REI-UN-TRIOCAN REAL ESTATE INVST TR5.21-6.92-17.92-10.58BBBN/A50.8311.31
CAS-TCASCADES INC4.9624.5750.00-37.55BB-Ba2N/AN/A
ABX-TBARRICK GOLD CORP4.9548.8657.62-19.97BBB+Baa132.5514.58
CNQ-TCANADIAN NATURAL RESOURCES4.9119.9542.8849.76BBB-Baa130.798.52
SLF-TSUN LIFE FINANCIAL INC4.888.7916.36-8.29A+N/A34.418.91
SU-TSUNCOR ENERGY INC4.864.5080.9548.05BBB+Baa137.969.50
CPX-TCAPITAL POWER CORP4.737.026.8319.45BBB-N/A505.5223.40
T-TTELUS CORP4.706.496.487.49BBB+Baa1103.3725.99
LB-TLAURENTIAN BANK OF CANADA4.67-6.658.12-6.26BBBN/A154.917.93
BMO-TBANK OF MONTREAL4.666.5512.74-2.14A+N/A36.568.63
TD-TTORONTO-DOMINION BANK4.558.519.49-4.08AA-N/A40.869.76
CU-TCANADIAN UTILITIES LTD-A4.425.311.0120.42BBB+N/A144.7319.46
NA-TNATIONAL BANK OF CANADA4.428.4218.66-8.92AN/A31.368.51
RY-TROYAL BANK OF CANADA4.296.435.56-4.58AA-N/A39.0210.41
EMA-TEMERA INC4.284.663.9612.04BBBBaa3128.8215.94
GRT-UN-TGRANITE REAL ESTATE INVESTME4.173.833.31-11.96N/A(P)Baa214.71N/A
QSR-TRESTAURANT BRANDS INTERN4.1623.992.79-13.37BBN/A78.4215.75
IAG-TIA FINANCIAL CORP INC4.0511.9921.65-4.30AN/A26.99N/A
ACO-X-TATCO LTD -CLASS I4.058.243.008.04BBB+N/A83.2220.46
CTC-A-TCANADIAN TIRE CORP-CLASS A3.9015.107.03-9.13BBBN/A26.678.65
ALA-TALTAGAS LTD3.84-12.707.828.99BBB-N/A122.1735.23
FTT-TFINNING INTERNATIONAL INC3.824.5311.10-19.84BBB+N/A38.9410.49
GSY-TGOEASY LTD3.7638.7841.44-37.80BB-Ba324.9010.45
AEM-TAGNICO EAGLE MINES LTD3.7229.1220.17-26.56NRBaa262.6124.06
K-TKINROSS GOLD CORP3.71N/A0.06-48.62BBB-Baa30.0012.63
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.674.025.7412.37BBB+N/A108.8633.37
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.57-0.345.410.89BBB+N/AN/AN/A
SJR-B-TSHAW COMMUNICATIONS INC-B3.500.000.00-3.03BBB-Baa2 *-61.0719.95
FTS-TFORTIS INC3.476.025.9014.42A-Baa379.8523.85
RCI-B-TROGERS COMMUNICATIONS INC-B3.370.820.00-7.99BBB+ *-Baa1 *-64.8315.80
MG-TMAGNA INTERNATIONAL INC3.3010.006.82-33.75A-A333.9510.79
CCA-TCOGECO COMMUNICATIONS INC3.2910.4010.20-26.84BB+N/A30.229.29
H-THYDRO ONE LTD3.164.885.0019.31A-N/A65.1821.09
NTR-TNUTRIEN LTD2.63N/A2.5825.13BBBBaa233.248.88
YRI-TYAMANA GOLD INC2.5841.8824.3211.98BBB-Baa371.0518.43
IMO-TIMPERIAL OIL LTD2.5514.8731.1855.53AA-N/A29.4111.48
SAP-TSAPUTO INC2.373.712.86-14.99N/ABaa1109.0134.91
EFN-TELEMENT FLEET MANAGEMENT COR2.278.2723.96-0.96BBBN/A35.2117.77
OTEX-TOPEN TEXT CORP2.2612.0213.54-21.21BB+Ba168.1620.66
IFC-TINTACT FINANCIAL CORP2.208.9212.659.57N/ABaa127.4215.17
ITP-TINTERTAPE POLYMER GROUP INC2.183.2110.61N/ANRWR56.9834.52
MX-TMETHANEX CORP2.05-14.91250.5410.24BBBa15.115.41
CVE-TCENOVUS ENERGY INC2.02-0.76450.0096.50BBB-N/A29.9811.32
CNR-TCANADIAN NATL RAILWAY CO2.0211.3413.2411.72AA235.6324.11
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.83-0.88-1.3028.86BBBBaa37.7334.40
TRI-TTHOMSON REUTERS CORP1.661.538.089.84BBBBaa214.0633.85
CCL-B-TCCL INDUSTRIES INC - CL B1.5815.9215.38-9.30BBBBaa225.2018.16
MRU-TMETRO INC/CN1.5411.6610.5317.61BBBN/A29.9120.65
TECK-B-TTECK RESOURCES LTD-CLS B1.4841.47325.0021.58BBB-Baa33.714.48
RBA-TRITCHIE BROS AUCTIONEERS1.466.9413.1620.18BB+Ba270.4639.64
WFG-TWEST FRASER TIMBER CO LTD1.4534.0042.3021.74BBB-Baa32.882.74
L-TLOBLAW COMPANIES LTD1.357.3913.6453.50BBBN/A25.3420.68
TA-TTRANSALTA CORP1.334.0411.4322.95BB+Ba1N/A439.57
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.257.548.30-9.96A-Baa122.69N/A
ATD-B-TALIMENTATION COUCHE-TARD -B0.8911.22-14.29N/ABBBBaa216.52N/A
CP-TCANADIAN PACIFIC RAILWAY LTD0.8313.000.001.17BBB+N/A18.1119.79
WCN-TWASTE CONNECTIONS INC0.7313.0611.046.50BBB+Baa235.6342.74
HBM-THUDBAY MINERALS INC0.480.000.00-52.16BB1N/AN/A
CCO-TCAMECO CORP0.41-27.520.0032.75BBB-N/AN/AN/A
SNC-TSNC-LAVALIN GROUP INC0.35-40.420.00-27.97BB+N/A14.0255.44
DOL-TDOLLARAMA INC0.298.5710.2334.27BBBN/A9.1633.16
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.19N/A9.41-19.22B+B1N/AN/A
FM-TFIRST QUANTUM MINERALS LTD0.050.000.00-26.97B+N/A0.839.38

Source: Bloomberg

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