The table below ranks all S&P/TSX Composite Index 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.
Data as of Monday 10:00 a.m. ET.
Indicated Dividend Yield 5Y Dividend Growth 1Y Dividend Growth 1Y Total Return S&P LT Credit Rating Moody's LT Credit Rating Payout Ratio PE Ratio SPB-T SUPERIOR PLUS CORP 7.10 0.00 0.00 -16.51 BB- N-A N-A 93.68 ENB-T ENBRIDGE INC 6.50 7.35 2.99 6.25 BBB+ Baa1 116.18 18.53 KEY-T KEYERA CORP 6.45 2.98 0.00 4.01 BBB- N-A 130.89 12.69 TRP-T TC ENERGY CORP 6.40 7.57 3.45 -7.71 BBB+ Baa2 187.82 12.87 GEI-T GIBSON ENERGY INC 6.28 2.31 5.71 3.02 BBB- Ba2 141.43 18.24 BCE-T BCE INC 6.27 5.10 5.14 -3.76 BBB+ Baa2 123.50 18.44 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.22 2.70 2.89 -29.78 N-A Baa2 12.21 37.62 TCL-A-T TRANSCONTINENTAL INC-CL A 6.02 2.38 0.00 -23.85 BBB- N-A 55.33 9.84 AQN-T ALGONQUIN POWER & UTILITIES 5.89 9.35 11.30 -40.99 BBB N-A 165.34 9.73 BNS-T BANK OF NOVA SCOTIA 5.64 5.70 10.54 -17.20 A+ N-A 50.41 8.65 PPL-T PEMBINA PIPELINE CORP 5.61 4.36 1.19 19.06 BBB N-A 126.23 12.89 GWO-T GREAT-WEST LIFECO INC 5.58 5.95 8.65 -8.48 A+ N-A 53.58 1.60 CM-T CAN IMPERIAL BK OF COMMERCE 5.51 5.22 10.68 -20.65 A+ N-A 48.83 9.07 POW-T POWER CORP OF CANADA 5.50 7.02 7.76 -8.84 A+ N-A 42.63 15.09 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.40 4.02 3.76 -0.94 BBB N-A 91.62 29.44 IGM-T IGM FINANCIAL INC 5.38 0.00 0.00 -1.99 A N-A 54.89 11.00 CPX-T CAPITAL POWER CORP 5.33 6.90 6.37 16.64 BBB- N-A 505.52 13.63 LB-T LAURENTIAN BANK OF CANADA 5.22 -6.21 9.76 -17.50 BBB N-A 35.90 6.92 POU-T PARAMOUNT RESOURCES LTD -A 5.12 N-A 392.47 18.08 B+ Ba3 11.28 11.08 EMA-T EMERA INC 5.11 4.46 4.04 -5.23 BBB Baa3 128.82 13.42 SES-T SECURE ENERGY SERVICES INC 5.08 -13.55 308.33 28.86 B B1 N-A 12.55 CHP-UN-T CHOICE PROPERTIES REIT 5.08 0.20 0.00 6.02 BBB N-A 2325.65 7.69 MFC-T MANULIFE FINANCIAL CORP 5.07 9.99 12.82 4.05 A N-A 32.98 2.95 CU-T CANADIAN UTILITIES LTD-A 4.96 4.49 1.00 5.84 BBB+ N-A 144.73 12.86 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.96 0.60 9.78 -9.36 BBB+ N-A N-A N-A T-T TELUS CORP 4.93 6.60 6.66 -3.39 BBB Baa1 103.37 21.00 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 4.85 -6.58 41.67 4.08 BBB- Baa3 20.57 N-A SU-T SUNCOR ENERGY INC 4.68 7.99 79.05 26.76 BBB Baa1 37.96 6.42 RUS-T RUSSEL METALS INC 4.67 0.00 0.00 6.73 BB+ Ba1 22.07 4.93 INE-T INNERGEX RENEWABLE ENERGY 4.56 1.76 0.00 -6.60 NR N-A N-A N-A ALA-T ALTAGAS LTD 4.51 -12.97 6.04 -2.29 BBB- N-A 122.17 49.15 ACO-X-T ATCO LTD -CLASS I 4.51 7.11 2.99 3.72 BBB+ N-A 83.22 11.57 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.51 -6.30 6.25 4.82 BBB N-A 50.83 16.81 CCA-T COGECO COMMUNICATIONS INC 4.45 10.35 10.11 -29.90 BB+ N-A 30.80 7.31 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.43 4.49 10.30 -6.30 BBB+ N-A 693.95 403.09 CNQ-T CANADIAN NATURAL RESOURCES 4.39 33.13 130.29 20.72 BBB- Baa1 30.79 7.57 CIX-T CI FINANCIAL CORP 4.35 -12.48 0.00 -25.21 BBB- Baa2 35.78 6.99 SLF-T SUN LIFE FINANCIAL INC 4.31 9.60 19.48 -4.33 A+ N-A 34.41 11.83 PKI-T PARKLAND CORP 4.26 2.43 5.43 -8.03 BB N-A 195.88 6.28 BMO-T BANK OF MONTREAL 4.25 8.94 22.84 -5.48 A+ N-A 27.31 10.16 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.19 17.10 30.05 -7.62 BBB N-A 26.67 9.50 TD-T TORONTO-DOMINION BANK 4.18 8.63 11.35 -9.31 AA- N-A 37.52 10.46 FTS-T FORTIS INC 4.09 5.95 5.85 -4.03 A- Baa3 79.85 20.58 NA-T NATIONAL BANK OF CANADA 3.86 9.67 22.67 1.64 A N-A 36.83 10.43 RY-T ROYAL BANK OF CANADA 3.83 7.37 14.41 -2.42 AA- N-A 44.68 12.53 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.78 3.50 3.31 -10.91 N-A (P)Baa2 14.71 21.05 NPI-T NORTHLAND POWER INC 3.57 1.76 0.00 -2.65 BBB N-A 147.81 18.73 ABX-T BARRICK GOLD CORP 3.34 40.38 -13.14 3.57 BBB+ A3 32.55 20.18 IAG-T IA FINANCIAL CORP INC 3.30 12.70 25.00 2.06 A N-A 26.99 3.38 TVE-T TAMARACK VALLEY ENERGY LTD 3.28 N-A N-A -8.41 B N-A 0.00 6.45 QSR-T RESTAURANT BRANDS INTERN 3.24 22.84 5.60 32.74 BB N-A 78.42 25.01 H-T HYDRO ONE LTD 3.12 4.90 5.00 13.38 A- N-A 65.18 20.87 AEM-T AGNICO EAGLE MINES LTD 3.09 31.25 18.31 17.68 NR Baa2 62.61 30.27 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.05 0.82 0.00 3.78 BBB+ *- Baa1 *- 60.06 17.70 SJR-B-T SHAW COMMUNICATIONS INC-B 2.98 0.00 0.00 9.07 BBB- Baa2 *- 83.85 26.65 OTEX-T OPEN TEXT CORP 2.82 12.50 13.83 -16.47 BB+ Ba2 60.36 23.90 GSY-T GOEASY LTD 2.80 38.28 37.88 -11.59 BB- Ba3 24.90 13.50 K-T KINROSS GOLD CORP 2.78 N-A 3.72 -13.19 BBB- Baa3 0.00 25.10 MG-T MAGNA INTERNATIONAL INC 2.72 10.21 8.49 -10.70 A- A3 33.95 13.88 IMO-T IMPERIAL OIL LTD 2.60 18.30 41.75 26.41 AA- N-A 12.70 6.11 FTT-T FINNING INTERNATIONAL INC 2.54 4.60 8.49 10.52 BBB+ N-A 38.94 12.57 NTR-T NUTRIEN LTD 2.34 N-A 8.55 23.17 BBB Baa2 33.24 6.28 EFN-T ELEMENT FLEET MANAGEMENT COR 2.14 2.08 22.02 49.95 BBB N-A 35.21 20.56 YRI-T YAMANA GOLD INC 2.13 43.70 10.90 52.40 BBB- Baa3 71.05 20.98 IFC-T INTACT FINANCIAL CORP 2.05 9.34 17.65 13.58 N-A Baa1 27.42 14.30 SAP-T SAPUTO INC 2.01 3.04 1.41 29.88 N-A Baa1 109.01 28.93 CNR-T CANADIAN NATL RAILWAY CO 1.97 12.17 19.11 4.83 A A2 39.30 21.49 TA-T TRANSALTA CORP 1.78 5.08 10.81 -7.60 BB+ Ba1 N-A 38.06 MRU-T METRO INC/CN 1.73 11.10 10.00 4.44 BBB N-A 31.19 18.58 RBA-T RITCHIE BROS AUCTIONEERS 1.73 8.74 14.45 10.21 BB+ Ba2 *- 70.46 37.00 CVE-T CENOVUS ENERGY INC 1.68 18.33 430.29 29.00 BBB- Baa2 29.98 9.39 VET-T VERMILION ENERGY INC 1.67 -35.86 N-A -8.01 B+ B1 0.00 1.58 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.57 1.67 7.92 38.74 BBB Baa3 7.73 23.17 BN-T BROOKFIELD CORP 1.57 8.52 12.22 -12.94 A- A3 22.69 56.04 CCL-B-T CCL INDUSTRIES INC - CL B 1.54 15.85 14.29 -1.98 BBB Baa2 25.20 18.15 TRI-T THOMSON REUTERS CORP 1.48 3.02 13.87 21.37 BBB Baa2 14.06 78.91 WFG-T WEST FRASER TIMBER CO LTD 1.41 33.24 58.13 -4.46 BBB- Baa3 2.88 3.65 L-T LOBLAW COMPANIES LTD 1.41 8.11 12.86 15.25 BBB N-A 25.34 18.36 MX-T METHANEX CORP 1.38 -11.63 99.23 11.24 BB Ba1 3.43 11.30 FM-T FIRST QUANTUM MINERALS LTD 1.24 75.18 N-A -20.71 B+ *- N-A 0.83 10.29 ATD-T ALIMENTATION COUCHE-TARD INC 0.94 21.16 26.17 12.75 BBB Baa2 16.52 16.26 TECK-B-T TECK RESOURCES LTD-CLS B 0.89 10.76 400.00 36.05 BBB- Baa3 3.71 5.78 WCN-T WASTE CONNECTIONS INC 0.76 13.30 16.23 14.10 BBB+ Baa2 35.63 39.65 CP-T CANADIAN PACIFIC RAILWAY LTD 0.72 11.68 0.00 18.02 BBB+ N-A 20.10 29.89 CCO-T CAMECO CORP 0.32 -21.40 50.00 45.92 BBB- N-A N-A 127.01 DOL-T DOLLARAMA INC 0.28 8.57 9.94 18.48 BBB N-A 9.16 30.59 HBM-T HUDBAY MINERALS INC 0.27 0.00 0.00 -21.45 B B1 N-A 8.32 SNC-T SNC-LAVALIN GROUP INC 0.27 -40.71 0.00 2.84 BB+ N-A 14.02 42.01 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.15 N-A 15.50 3.83 B+ B1 N-A N-A
Scott Barlow