The table below ranks all S&P/TSX companies by indicated dividend yield as reported by Bloomberg. It is intended as a starting point for further research.
We hope the data provided is helpful and credible, but recognize it is not sufficient grounds for actual market transactions on its own.
Investors should verify the data provided and investigate all cases where ‘NAs’ appear in the table before making buy and sell decisions.
As for methodology, we are relying heavily on S&P long-term credit ratings. Index stocks where no credit rating is available are excluded from the table. 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.
Data is of 10:45 a.m. ET on Monday.
Company Ind Dividend Yield Ave Ann 5Y Div Growth rate 1Y Div Growth rate Total Return 12M S&P LT Credit Rating Payout Ratio % PE Ratio TTM BPY-UN-T BROOKFIELD PROPERTY PARTNERS 10.25 7.95 4.25 -23.63 BBB 74.87 11.69 RUS-T RUSSEL METALS INC 8.61 0.00 0.00 -9.96 BB 123.37 19.98 REI-UN-T RIOCAN REAL ESTATE INVST TR 8.18 0.42 0.00 -29.82 BBB 57.29 6.70 KEY-T KEYERA CORP 8.15 7.68 6.74 -21.71 BBB- 89.46 7.92 ENB-T ENBRIDGE INC 7.20 13.69 9.87 1.84 BBB+ 111.80 18.87 GWO-T GREAT-WEST LIFECO INC 7.06 6.08 6.11 -14.74 A+ 66.25 116.60 POW-T POWER CORP OF CANADA 6.98 7.07 7.19 -3.73 A+ 79.05 8.36 TCL-A-T TRANSCONTINENTAL INC-CL A 6.72 6.37 4.12 -0.03 BBB- 46.25 8.35 SPB-T SUPERIOR PLUS CORP 6.66 1.45 0.00 -5.77 BB 88.29 17.29 PPL-T PEMBINA PIPELINE CORP 6.65 6.99 6.99 -17.01 BBB 89.13 11.56 CPX-T CAPITAL POWER CORP 6.45 7.17 7.24 3.58 BBB- 250.00 7.69 IGM-T IGM FINANCIAL INC 6.44 0.45 0.00 0.20 A 72.05 11.01 ITP-T INTERTAPE POLYMER GROUP INC 6.09 9.07 6.72 -27.19 BB- 82.47 9.52 CJR-B-T CORUS ENTERTAINMENT INC-B SH 6.08 -26.34 0.00 -36.38 BB 32.60 4.19 CM-T CAN IMPERIAL BK OF COMMERCE 5.93 7.01 5.32 0.73 A+ 49.91 9.82 BNS-T BANK OF NOVA SCOTIA 5.93 6.22 5.31 -9.07 A+ 51.90 9.59 CNQ-T CANADIAN NATURAL RESOURCES 5.89 11.36 12.32 -13.01 BBB 34.08 16.42 ALA-T ALTAGAS LTD 5.85 -11.64 -39.05 -11.70 BBB- 34.93 N-A MIC-T GENWORTH MI CANADA INC 5.82 39.85 421.50 6.99 BBB+ 126.89 7.37 MFC-T MANULIFE FINANCIAL CORP 5.68 10.79 9.28 -12.68 A 36.19 8.46 BCE-T BCE INC 5.61 5.11 4.99 0.47 BBB+ 93.93 16.46 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.57 3.30 4.00 4.67 BBB 123.28 35.76 BMO-T BANK OF MONTREAL 5.54 5.75 6.63 -19.01 A+ 46.76 9.50 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.48 0.12 0.00 -25.69 BBB- 36.86 10.07 CHP-UN-T CHOICE PROPERTIES REIT 5.46 2.63 0.00 2.97 BBB N-A 11.84 CU-T CANADIAN UTILITIES LTD-A 5.15 8.81 5.16 -7.46 A- 52.15 13.84 TRP-T TC ENERGY CORP 5.06 9.32 8.51 0.69 BBB+ 70.27 14.38 LB-T LAURENTIAN BANK OF CANADA 4.97 4.64 3.10 -22.15 BBB 69.32 10.48 SJR-B-T SHAW COMMUNICATIONS INC-B 4.90 1.11 0.00 -8.49 BBB- 83.87 17.61 TD-T TORONTO-DOMINION BANK 4.84 9.41 9.45 -9.47 AA- 46.09 11.23 T-T TELUS CORP 4.66 7.43 5.17 3.46 BBB+ 77.78 17.63 NTR-T NUTRIEN LTD 4.62 N-A 7.67 -20.59 BBB 103.31 22.00 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.53 8.47 6.82 54.16 BBB+ N-A N-A RY-T ROYAL BANK OF CANADA 4.49 7.10 7.14 -2.65 AA- 46.38 12.35 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.48 11.36 5.76 20.43 BBB+ 1103.95 N-A EMA-T EMERA INC 4.43 9.54 4.19 8.75 BBB 85.22 23.16 ACO-X-T ATCO LTD -CLASS I 4.37 12.68 7.50 -10.23 A- 36.19 7.16 NA-T NATIONAL BANK OF CANADA 4.32 7.24 9.45 10.99 A 41.68 10.84 AQN-T ALGONQUIN POWER & UTILITIES 4.30 13.87 10.46 24.20 BBB 53.18 23.78 SLF-T SUN LIFE FINANCIAL INC 4.19 8.30 8.75 1.60 A+ 47.21 13.18 FTT-T FINNING INTERNATIONAL INC 4.01 2.78 1.86 -2.75 BBB+ *- 55.38 12.24 CIX-T CI FINANCIAL CORP 3.94 -10.30 0.00 -9.36 BBB 31.71 7.91 IAG-T IA FINANCIAL CORP INC 3.92 11.20 10.32 -0.79 A 27.37 N-A H-T HYDRO ONE LTD 3.81 N-A 5.00 20.81 A- 73.26 16.40 NPI-T NORTHLAND POWER INC 3.64 2.13 0.00 37.14 BBB 70.02 16.89 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.61 16.24 12.26 -3.78 BBB 33.74 11.39 INE-T INNERGEX RENEWABLE ENERGY 3.60 3.11 2.92 48.02 BBB- N-A N-A FTS-T FORTIS INC 3.56 7.36 6.06 7.20 A- 49.61 21.60 IMO-T IMPERIAL OIL LTD 3.51 11.10 11.39 -29.08 AA 29.36 11.47 QSR-T RESTAURANT BRANDS INTERN 3.50 62.76 11.28 -7.26 BB 83.36 20.51 MG-T MAGNA INTERNATIONAL INC 3.47 16.17 11.86 12.04 A- *- 25.44 9.23 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.39 1.54 2.04 -14.90 BBB+ 50.02 14.47 IPL-T INTER PIPELINE LTD 3.38 1.53 -11.34 -24.38 BBB- 131.06 11.22 PKI-T PARKLAND CORP 3.12 2.41 1.73 -4.83 BB 42.75 16.19 SU-T SUNCOR ENERGY INC 3.00 6.23 -2.88 -27.88 BBB+ 90.35 19.88 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.97 1.71 -1.93 -29.30 BBB- 13.74 36.87 CCA-T COGECO COMMUNICATIONS INC 2.29 10.90 10.49 10.18 BB+ 30.49 13.49 TRI-T THOMSON REUTERS CORP 2.26 3.01 -76.54 7.50 BBB 48.58 72.32 CAS-T CASCADES INC 2.23 14.87 100.00 60.26 BB- 32.69 14.44 WN-T WESTON (GEORGE) LTD 2.16 4.56 4.48 -3.50 BBB 162.12 15.23 TA-T TRANSALTA CORP 1.92 -25.52 3.13 3.75 BB+ 65.31 N-A RBA-T RITCHIE BROS AUCTIONEERS 1.90 10.06 12.36 29.83 BB+ 55.38 31.32 CNR-T CANADIAN NATL RAILWAY CO 1.89 14.61 12.09 2.37 A 36.62 20.10 L-T LOBLAW COMPANIES LTD 1.89 5.15 6.78 -3.99 BBB 42.38 19.81 PRMW-T PRIMO WATER CORP 1.88 2.57 1.09 0.00 B N-A 61.94 WFT-T WEST FRASER TIMBER CO LTD 1.71 23.36 6.67 -12.37 BBB- N-A N-A EFN-T ELEMENT FLEET MANAGEMENT COR 1.69 N-A -25.00 9.31 BBB 146.09 35.05 OTEX-T OPEN TEXT CORP 1.66 17.12 12.42 7.39 BB+ 59.31 39.19 MRU-T METRO INC/CN 1.62 14.42 11.84 12.02 BBB 27.94 19.17 CCL-B-T CCL INDUSTRIES INC - CL B 1.55 23.01 23.21 -26.42 BBB 25.37 16.73 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.34 11.64 11.37 18.06 A- 27.02 22.23 TECK-B-T TECK RESOURCES LTD-CLS B 1.27 -25.98 -33.33 -44.15 BBB- N-A 8.34 YRI-T YAMANA GOLD INC 1.24 -15.41 89.56 154.35 BB+ 10.51 37.38 ABX-T BARRICK GOLD CORP 1.23 5.63 35.56 76.29 BBB 8.86 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.94 18.85 27.69 14.53 BBB+ 17.79 19.51 HSE-T HUSKY ENERGY INC 0.87 -19.89 -22.50 -50.62 BBB N-A N-A WCN-T WASTE CONNECTIONS INC 0.80 2.01 17.59 5.20 BBB+ 30.95 41.04 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.67 24.09 21.18 -0.80 BBB 13.85 17.65 OSB-T NORBORD INC 0.65 -12.94 -85.59 17.17 BB N-A N-A MX-T METHANEX CORP 0.61 10.78 11.03 -37.22 BB 122.91 39.47 CCO-T CAMECO CORP 0.58 -27.52 0.00 1.16 BBB- 42.72 52.77 HBM-T HUDBAY MINERALS INC 0.48 0.00 0.00 -36.16 B N-A 9.01 DOL-T DOLLARAMA INC 0.37 9.86 7.32 10.11 BBB 9.80 26.30 SNC-T SNC-LAVALIN GROUP INC 0.33 -39.41 -89.66 0.46 BB+ 12.84 N-A
Source: Bloomberg
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Scott Barlow