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 long-term credit ratings from Standard & Poor’s and Moody’s. Yield-paying index stocks where no credit rating is available from either rating agency 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.
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 BPY-UN-T BROOKFIELD PROPERTY PARTNERS 12.01 7.95 4.25 -32.68 BBB N/A 74.87 9.82 REI-UN-T RIOCAN REAL ESTATE INVST TR 9.41 0.42 0.00 -37.65 BBB N/A 57.29 5.78 KEY-T KEYERA CORP 8.99 7.55 6.11 -34.35 BBB- N/A 89.46 7.20 RUS-T RUSSEL METALS INC 8.79 0.00 0.00 -9.05 BB Ba3 123.37 19.58 CJR-B-T CORUS ENTERTAINMENT INC-B SH 8.57 -26.45 0.00 -52.04 BB N/A 32.60 3.53 ENB-T ENBRIDGE INC 7.71 13.69 9.87 -5.16 BBB+ Baa2 111.80 17.44 PPL-T PEMBINA PIPELINE CORP 7.44 6.99 6.96 -28.12 BBB N/A 89.13 10.26 POW-T POWER CORP OF CANADA 7.20 7.62 9.93 -6.04 A+ N/A 79.05 8.06 GWO-T GREAT-WEST LIFECO INC 7.18 6.08 6.11 -13.06 A+ N/A 66.25 114.25 CNQ-T CANADIAN NATURAL RESOURCES 7.17 11.95 12.68 -25.43 BBB Baa2 34.08 13.41 CPX-T CAPITAL POWER CORP 6.88 7.14 7.26 -2.09 BBB- N/A 250.00 7.26 IGM-T IGM FINANCIAL INC 6.75 0.22 0.00 -2.43 A N/A 72.05 10.67 SPB-T SUPERIOR PLUS CORP 6.40 1.15 0.00 -8.20 BB- N/A 88.29 18.22 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 6.37 0.00 0.00 -34.47 BBB- Baa3 36.86 8.81 BNS-T BANK OF NOVA SCOTIA 6.33 6.08 4.65 -13.72 A+ N/A 51.90 8.94 CM-T CAN IMPERIAL BK OF COMMERCE 6.29 6.77 5.07 -3.26 A+ N/A 49.91 9.34 TCL-A-T TRANSCONTINENTAL INC-CL A 6.19 6.16 3.49 12.81 BBB- N/A 46.25 9.86 MIC-T GENWORTH MI CANADA INC 6.17 38.76 317.92 -8.49 BBB+ N/A 126.89 6.61 GEI-T GIBSON ENERGY INC 6.11 1.56 1.52 -2.44 N/A Ba2 108.88 19.52 ALA-T ALTAGAS LTD 5.89 -11.76 -34.80 -12.34 BBB- N/A 34.93 N/A MFC-T MANULIFE FINANCIAL CORP 5.85 10.79 9.28 -17.26 A N/A 36.19 8.21 LB-T LAURENTIAN BANK OF CANADA 5.79 2.13 -7.69 -33.84 BBB N/A 69.32 9.03 BCE-T BCE INC 5.78 5.09 5.01 2.01 BBB+ Baa2 93.93 15.98 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.69 3.34 4.00 1.00 BBB N/A 123.28 35.03 BMO-T BANK OF MONTREAL 5.65 5.75 6.63 -20.85 A+ N/A 46.76 9.26 CHP-UN-T CHOICE PROPERTIES REIT 5.61 2.63 0.00 1.59 BBB N/A N/A 11.53 ITP-T INTERTAPE POLYMER GROUP INC 5.53 7.02 8.13 -13.34 BB- Ba3 82.47 10.85 TRP-T TC ENERGY CORP 5.40 9.30 8.33 -3.88 BBB+ Baa2 70.27 13.57 NTR-T NUTRIEN LTD 5.35 N/A 8.39 -29.85 BBB Baa2 103.31 18.71 TD-T TORONTO-DOMINION BANK 5.16 9.32 8.51 -15.82 AA- N/A 46.09 10.60 CU-T CANADIAN UTILITIES LTD-A 4.97 8.81 5.16 0.66 A- N/A 52.15 14.06 T-T TELUS CORP 4.91 7.62 6.08 3.70 BBB+ Baa1 77.78 16.81 SJR-B-T SHAW COMMUNICATIONS INC-B 4.83 0.86 0.00 1.48 BBB- Baa2 83.87 18.92 AQN-T ALGONQUIN POWER & UTILITIES 4.65 12.81 12.04 19.41 BBB N/A 53.18 22.73 NA-T NATIONAL BANK OF CANADA 4.57 7.04 8.08 4.14 A N/A 41.68 10.40 RY-T ROYAL BANK OF CANADA 4.49 7.10 7.14 -4.68 AA- N/A 46.38 12.29 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.48 11.36 5.76 19.23 BBB+ N/A 1103.95 N/A FTT-T FINNING INTERNATIONAL INC 4.32 2.78 1.86 -14.21 BBB+ N/A 55.38 11.44 EMA-T EMERA INC 4.30 9.54 4.19 8.61 BBB Baa3 85.22 23.53 IAG-T IA FINANCIAL CORP INC 4.28 11.20 10.32 -12.63 A N/A 27.37 N/A SLF-T SUN LIFE FINANCIAL INC 4.16 8.30 8.75 -0.53 A+ Baa1 (hyb) 47.21 13.27 ACO-X-T ATCO LTD -CLASS I 4.14 12.68 7.50 1.68 A- N/A 36.19 7.62 IMO-T IMPERIAL OIL LTD 4.00 11.10 11.39 -37.43 AA N/A 29.36 10.10 CIX-T CI FINANCIAL CORP 4.00 -10.45 0.00 -11.83 BBB N/A 31.71 7.79 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.97 4.82 -6.75 24.52 N/A (P)Baa2 36.04 24.05 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.93 8.47 6.82 68.08 BBB+ N/A N/A N/A IPL-T INTER PIPELINE LTD 3.85 -0.32 -17.62 -38.56 BBB- N/A 131.06 10.09 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.77 2.44 2.66 -8.98 N/A Baa2 28.65 27.61 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.74 16.24 12.26 -12.99 BBB N/A 33.74 10.99 H-T HYDRO ONE LTD 3.63 N/A 5.00 23.88 A- N/A 73.26 17.15 SU-T SUNCOR ENERGY INC 3.61 6.23 -2.88 -41.03 BBB+ Baa1 90.35 16.33 QSR-T RESTAURANT BRANDS INTERN 3.61 63.18 8.49 -15.04 BB N/A 83.36 19.85 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.51 1.30 2.04 -15.00 BBB+ Baa1 50.02 14.07 PKI-T PARKLAND CORP 3.48 2.37 1.58 -16.76 BB Ba2 42.75 14.71 FTS-T FORTIS INC 3.47 7.36 6.06 9.87 A- Baa3 49.61 22.02 MG-T MAGNA INTERNATIONAL INC 3.44 16.17 11.86 6.33 A- A3 25.44 9.17 NPI-T NORTHLAND POWER INC 3.33 2.13 0.00 47.05 BBB N/A 70.02 18.46 BEI-UN-T BOARDWALK REAL ESTATE INVEST 3.18 -21.88 0.00 -24.59 N/A N/A 133.58 N/A INE-T INNERGEX RENEWABLE ENERGY 3.16 3.08 2.90 56.51 BBB- N/A N/A N/A FFH-T FAIRFAX FINANCIAL HLDGS LTD 3.15 1.71 -1.93 -31.79 BBB- Baa3 13.74 34.41 IFC-T INTACT FINANCIAL CORP 2.40 9.50 8.90 14.89 N/A Baa1 60.51 26.74 TRI-T THOMSON REUTERS CORP 2.30 3.01 -76.54 10.95 BBB Baa2 48.58 73.39 CCA-T COGECO COMMUNICATIONS INC 2.15 10.90 10.49 2.10 BB+ N/A 30.49 14.18 WN-T WESTON (GEORGE) LTD 2.13 4.50 2.69 9.28 BBB N/A 162.12 16.67 CAS-T CASCADES INC 2.06 14.87 100.00 36.96 BB- Ba2 32.69 16.18 SAP-T SAPUTO INC 1.99 5.51 3.03 -11.33 N/A Baa1 46.28 22.15 TA-T TRANSALTA CORP 1.97 -25.52 3.13 10.39 BB+ Ba1 65.31 N/A LUN-T LUNDIN MINING CORP 1.95 N/A 16.67 17.55 NR N/A 0.00 N/A RBA-T RITCHIE BROS AUCTIONEERS 1.91 10.06 12.36 24.63 BB+ Ba2 55.38 30.84 PRMW-T PRIMO WATER CORP 1.85 2.57 1.09 18.29 B B1 N/A 66.02 EFN-T ELEMENT FLEET MANAGEMENT COR 1.84 N/A -14.29 -3.90 BBB N/A 146.09 32.12 CNR-T CANADIAN NATL RAILWAY CO 1.83 14.61 12.09 10.29 A A2 36.62 21.40 L-T LOBLAW COMPANIES LTD 1.79 5.05 5.00 7.22 BBB N/A 42.38 20.91 CCL-B-T CCL INDUSTRIES INC - CL B 1.66 20.99 16.67 -31.23 BBB Baa2 25.37 16.22 OTEX-T OPEN TEXT CORP 1.63 17.12 12.42 6.59 BB+ Ba1 59.31 39.26 MRU-T METRO INC/CN 1.55 14.42 11.84 21.16 BBB N/A 27.94 20.40 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.41 11.64 11.37 13.47 A- Baa1 27.02 20.90 WFT-T WEST FRASER TIMBER CO LTD 1.33 23.36 0.00 14.20 BBB- Baa3 N/A N/A TECK-B-T TECK RESOURCES LTD-CLS B 1.30 -19.73 -33.33 -46.76 BBB- Baa3 N/A 8.10 YRI-T YAMANA GOLD INC 1.12 -7.29 145.81 106.71 BB+ Baa3 10.51 41.36 HSE-T HUSKY ENERGY INC 1.11 -19.89 -22.50 -55.95 BBB Baa2 N/A N/A ABX-T BARRICK GOLD CORP 1.02 5.63 35.56 66.69 BBB Baa2 8.86 N/A CP-T CANADIAN PACIFIC RAILWAY LTD 0.90 18.85 19.42 20.60 BBB+ N/A 17.79 20.49 WCN-T WASTE CONNECTIONS INC 0.79 1.69 17.59 13.37 BBB+ Baa2 30.95 43.26 MX-T METHANEX CORP 0.73 4.18 -15.91 -48.01 BB Ba1 122.91 32.75 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.61 24.81 17.78 17.41 BBB Baa2 12.48 17.25 OSB-T NORBORD INC 0.50 -12.94 -85.59 34.15 BB Ba1 N/A N/A CCO-T CAMECO CORP 0.49 -27.52 0.00 21.53 BBB- N/A 42.72 62.00 HBM-T HUDBAY MINERALS INC 0.44 0.00 0.00 -36.45 B B2 N/A 9.56 DOL-T DOLLARAMA INC 0.36 9.20 4.76 2.47 BBB N/A 9.80 28.65 SNC-T SNC-LAVALIN GROUP INC 0.32 -39.41 -89.66 -3.75 BB+ N/A 12.84 N/A FM-T FIRST QUANTUM MINERALS LTD 0.08 -36.79 0.00 1.26 CCC+ Caa2 N/A 133.36
Source: Bloomberg
Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today .
Scott Barlow