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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 of market close Thursday.

Indicated Dividend Yield5Y Dividend Growth1Y Dividend Growth1Y Total ReturnS&P LT Credit RatingMoody's LT Credit RatingPayout RatioPE Ratio
SPB-TSUPERIOR PLUS CORP6.270.000.00-23.16BB-N/AN/A59.46
CJR-B-TCORUS ENTERTAINMENT INC-B SH6.25-26.770.00-29.54BBN/A28.985.55
GWO-TGREAT-WEST LIFECO INC6.226.008.90-14.32A+N/A53.581.68
ENB-TENBRIDGE INC6.178.513.0420.24BBB+Baa1116.1819.70
KEY-TKEYERA CORP6.133.550.004.62BBB-N/A130.8913.82
GEI-TGIBSON ENERGY INC6.041.764.3516.15BBB-Ba2141.4323.74
IGM-TIGM FINANCIAL INC5.910.000.00-13.22AN/A54.899.40
BCE-TBCE INC5.735.105.127.07BBB+Baa2117.0918.70
TRP-TTC ENERGY CORP5.678.265.3613.68BBB+Baa2187.8215.50
POW-TPOWER CORP OF CANADA5.587.227.96-10.25A+N/A42.639.31
MFC-TMANULIFE FINANCIAL CORP5.5710.2413.390.50AN/A32.987.87
TCL-A-TTRANSCONTINENTAL INC-CL A5.473.170.00-29.32BBB-N/A59.9512.71
RUS-TRUSSEL METALS INC5.470.000.00-19.33BB+Ba122.073.86
PPL-TPEMBINA PIPELINE CORP5.395.150.0022.20BBBN/A126.2315.56
CHP-UN-TCHOICE PROPERTIES REIT5.300.620.000.53BBBN/A2325.6516.19
BNS-TBANK OF NOVA SCOTIA5.265.559.174.16A+N/A46.549.30
AP-UN-TALLIED PROPERTIES REAL ESTAT5.252.612.96-21.56N/ABaa248.8642.77
CRT-UN-TCT REAL ESTATE INVESTMENT TR5.124.014.314.38BBBN/A91.6224.85
CAS-TCASCADES INC5.0824.5750.00-34.76BB-Ba2N/AN/A
AQN-TALGONQUIN POWER & UTILITIES5.088.288.25-4.47BBBN/A165.3428.09
CM-TCAN IMPERIAL BK OF COMMERCE5.084.918.56-6.46A+N/A41.818.80
ABX-TBARRICK GOLD CORP5.0748.8657.62-20.65BBB+Baa132.5514.11
REI-UN-TRIOCAN REAL ESTATE INVST TR4.98-6.83-14.66-4.69BBBN/A50.8311.84
CIX-TCI FINANCIAL CORP4.97-12.300.00-34.23BBB-Baa235.785.28
CPX-TCAPITAL POWER CORP4.837.026.8323.21BBB-N/A505.5220.37
T-TTELUS CORP4.656.496.487.21BBB+Baa1103.3725.02
SU-TSUNCOR ENERGY INC4.634.5080.9568.20BBB+Baa137.966.51
SLF-TSUN LIFE FINANCIAL INC4.628.7916.36-2.85A+N/A34.419.56
CNQ-TCANADIAN NATURAL RESOURCES4.5719.9542.8867.48BBB-Baa130.797.07
CU-TCANADIAN UTILITIES LTD-A4.445.361.0018.60BBB+N/A144.7314.78
EMA-TEMERA INC4.394.863.927.34BBBBaa3128.8215.48
BMO-TBANK OF MONTREAL4.357.7420.525.10A+N/A36.569.18
LB-TLAURENTIAN BANK OF CANADA4.29-6.658.123.54BBBN/A154.918.63
TD-TTORONTO-DOMINION BANK4.258.519.493.04AA-N/A40.8610.36
NA-TNATIONAL BANK OF CANADA4.058.4218.66-2.18AN/A31.369.22
RY-TROYAL BANK OF CANADA4.046.9610.192.46AA-N/A39.0211.04
ACO-X-TATCO LTD -CLASS I4.018.243.0012.97BBB+N/A83.2212.81
IAG-TIA FINANCIAL CORP INC3.9611.9921.653.20AN/A26.992.68
GRT-UN-TGRANITE REAL ESTATE INVESTME3.843.773.32-1.90N/A(P)Baa214.71N/A
CTC-A-TCANADIAN TIRE CORP-CLASS A3.8116.4215.82-10.66BBBN/A26.678.80
ALA-TALTAGAS LTD3.72-12.787.4610.46BBB-N/A122.1741.45
QSR-TRESTAURANT BRANDS INTERN3.6723.992.79-1.20BBN/A78.4218.61
AEM-TAGNICO EAGLE MINES LTD3.5829.1220.17-25.16NRBaa262.6125.15
FTS-TFORTIS INC3.556.025.909.02A-Baa379.8523.08
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.504.025.7418.03BBB+N/A108.8648.82
RCI-B-TROGERS COMMUNICATIONS INC-B3.480.820.00-8.87BBB+ *-Baa1 *-64.8314.67
K-TKINROSS GOLD CORP3.39N/A0.06-42.10BBB-Baa30.0023.55
SJR-B-TSHAW COMMUNICATIONS INC-B3.390.000.00-0.97BBB-Baa2 *-61.0720.51
CCA-TCOGECO COMMUNICATIONS INC3.3810.3910.16-26.23BB+N/A30.229.04
FTT-TFINNING INTERNATIONAL INC3.274.5311.10-13.72BBB+N/A38.9410.99
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.22-0.345.414.77BBB+N/AN/AN/A
H-THYDRO ONE LTD3.154.885.0020.52A-N/A65.1821.35
GSY-TGOEASY LTD2.9838.7841.44-27.64BB-Ba324.9013.09
MG-TMAGNA INTERNATIONAL INC2.8610.006.82-22.58A-A333.9513.75
IMO-TIMPERIAL OIL LTD2.5114.8731.1863.17AA-N/A29.416.89
YRI-TYAMANA GOLD INC2.4441.8824.3216.62BBB-Baa371.0518.83
SAP-TSAPUTO INC2.353.712.86-3.75N/ABaa1109.0131.46
OTEX-TOPEN TEXT CORP2.3212.0213.54-16.34BB+Ba168.1626.14
NTR-TNUTRIEN LTD2.30N/A2.5849.83BBBBaa233.246.83
ITP-TINTERTAPE POLYMER GROUP INC2.183.2110.61N/ANRWR56.9834.77
IFC-TINTACT FINANCIAL CORP2.098.9212.6514.19N/ABaa127.4213.97
EFN-TELEMENT FLEET MANAGEMENT COR2.048.2723.969.22BBBN/A35.2119.69
CVE-TCENOVUS ENERGY INC2.02-0.76450.00107.29BBB-N/A29.988.49
MX-TMETHANEX CORP1.99-14.91250.5411.42BBBa15.115.47
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.88-0.88-1.3022.43BBBBaa37.7329.06
CNR-TCANADIAN NATL RAILWAY CO1.8111.3413.2421.65AA235.6325.00
CCL-B-TCCL INDUSTRIES INC - CL B1.5715.9215.38-11.57BBBBaa225.2018.85
RBA-TRITCHIE BROS AUCTIONEERS1.546.9413.1627.41BB+Ba270.4644.41
MRU-TMETRO INC/CN1.5411.6610.5311.17BBBN/A29.9120.50
TRI-TTHOMSON REUTERS CORP1.531.538.087.77BBBBaa214.06140.20
FM-TFIRST QUANTUM MINERALS LTD1.440.000.00-15.81B+N/A0.837.79
TA-TTRANSALTA CORP1.434.0411.4311.74BB+Ba1N/AN/A
L-TLOBLAW COMPANIES LTD1.357.3913.6440.53BBBN/A25.3420.17
TECK-B-TTECK RESOURCES LTD-CLS B1.3341.47325.0039.84BBB-Baa33.713.71
WFG-TWEST FRASER TIMBER CO LTD1.3034.0042.3031.91BBB-Baa32.883.53
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.107.548.30-6.45A-Baa122.69N/A
ATD-B-TALIMENTATION COUCHE-TARD -B0.8910.40-14.29N/ABBBBaa216.52N/A
CP-TCANADIAN PACIFIC RAILWAY LTD0.7413.000.0011.73BBB+N/A18.1129.12
WCN-TWASTE CONNECTIONS INC0.6612.2211.0414.49BBB+Baa235.6344.21
HBM-THUDBAY MINERALS INC0.420.000.00-45.15BB1N/AN/A
CCO-TCAMECO CORP0.38-27.520.0051.11BBB-N/AN/A258.48
SNC-TSNC-LAVALIN GROUP INC0.33-40.420.00-28.50BB+N/A14.0249.52
DOL-TDOLLARAMA INC0.288.5710.2332.13BBBN/A9.1633.58
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.18N/A8.68-16.08B+B1N/AN/A

Source: Bloomberg

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