Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(}function setPanelState(o){dom.root.classList[o?"add":"remove"](,dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

The table below ranks all S&P/TSX companies by indicated dividend yield as reported by Bloomberg.

Yield-paying index stocks where no credit rating is available from either rating agency are excluded from the table. 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.

Story continues below advertisement

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. 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 11:15 a.m. ET.

Indicated Dividend Yield5Y Dividend Growth1Y Dividend Growth1Y Total ReturnS&P LT Credit RatingMoody's LT Credit RatingPayout RatioPE Ratio
KEY-TKEYERA CORP9.976.834.92-31.45BBB-N/A89.468.58
PPL-TPEMBINA PIPELINE CORP9.156.976.84-36.06BBBN/A89.1310.57
ENB-TENBRIDGE INC8.9112.679.81-19.84BBB+Baa2111.8015.03
RUS-TRUSSEL METALS INC8.440.000.00-9.91BBBa3123.3739.40
CNQ-TCANADIAN NATURAL RESOURCES7.9812.5213.01-32.12BBBBaa232.9865.00
IGM-TIGM FINANCIAL INC7.540.000.00-14.90AN/A72.059.50
FCR-UN-TFIRST CAPITAL REAL ESTATE IN7.210.000.00-42.35BBB-Baa336.868.27
POW-TPOWER CORP OF CANADA6.967.7611.02-9.30A+N/A79.057.90
GEI-TGIBSON ENERGY INC6.921.392.27-8.52BBB-Ba2108.8816.01
CPX-TCAPITAL POWER CORP6.747.117.133.52BBB-N/A250.007.68
BNS-TBANK OF NOVA SCOTIA6.495.773.15-22.28A+N/A51.9010.06
GWO-TGREAT-WEST LIFECO INC6.386.086.08-8.91A+N/A66.25N/A
TRP-TTC ENERGY CORP6.259.288.16-18.62BBB+Baa270.2712.11
BCE-TBCE INC6.225.085.03-9.27BBB+Baa293.9316.14
MFC-TMANULIFE FINANCIAL CORP6.1910.899.00-23.12AN/A36.199.28
LB-TLAURENTIAN BANK OF CANADA6.07-0.55-18.32-38.58BBBN/A69.328.94
SPB-TSUPERIOR PLUS CORP5.970.000.008.23BB-N/A88.2929.86
CM-TCAN IMPERIAL BK OF COMMERCE5.846.243.93-5.96A+N/A49.9110.52
CRT-UN-TCT REAL ESTATE INVESTMENT TR5.823.574.52-1.36BBBN/A123.2837.12
ALA-TALTAGAS LTD5.61-12.30-9.65-4.70BBB-N/A34.93N/A
SU-TSUNCOR ENERGY INC5.592.92-19.44-61.46BBB+Baa190.35N/A
TCL-A-TTRANSCONTINENTAL INC-CL A5.575.962.8712.81BBB-N/A46.257.82
CU-TCANADIAN UTILITIES LTD-A5.518.454.06-14.32A-N/A52.1518.16
SJR-B-TSHAW COMMUNICATIONS INC-B5.390.490.00-14.26BBB-Baa289.8816.54
TD-TTORONTO-DOMINION BANK5.369.237.61-17.89AA-N/A46.0911.17
BMO-TBANK OF MONTREAL5.345.534.43-14.57A+N/A46.7610.54
AP-UN-TALLIED PROPERTIES REAL ESTAT5.142.433.01-38.40N/ABaa228.6518.84
ITP-TINTERTAPE POLYMER GROUP INC5.075.566.00-4.43BB-Ba382.4711.55
MIC-TGENWORTH MI CANADA INC4.9133.95120.57-1.54BBB+N/A126.899.02
EMA-TEMERA INC4.768.284.212.81BBBBaa385.2222.98
IMO-TIMPERIAL OIL LTD4.7510.677.32-42.02AAN/A29.36N/A
RY-TROYAL BANK OF CANADA4.646.855.41-8.64AA-N/A46.3811.97
ACO-X-TATCO LTD -CLASS I4.6412.307.50-17.66A-N/A36.1917.07
CIX-TCI FINANCIAL CORP4.60-11.010.00-15.13BBBN/A31.716.55
NTR-TNUTRIEN LTD4.43N/A5.12-9.87BBBBaa2103.3125.07
NA-TNATIONAL BANK OF CANADA4.396.846.77-0.70AN/A41.6810.67
SLF-TSUN LIFE FINANCIAL INC4.138.257.32-6.30A+Baa1 (hyb)47.2113.77
IAG-TIA FINANCIAL CORP INC4.1210.8110.12-23.25AN/A27.37N/A
AQN-TALGONQUIN POWER & UTILITIES4.0611.8511.8218.57BBBN/A53.1822.65
QSR-TRESTAURANT BRANDS INTERN4.0547.496.60-17.03BBN/A83.3623.34
IPL-TINTER PIPELINE LTD4.03-7.56-41.96-42.31BBB-N/A131.0615.05
FTT-TFINNING INTERNATIONAL INC3.972.641.23-5.40BBB+N/A55.3814.04
GRT-UN-TGRANITE REAL ESTATE INVESTME3.884.75-6.3118.79N/A(P)Baa236.0423.55
FTS-TFORTIS INC3.827.356.110.90A-Baa349.6120.90
RCI-B-TROGERS COMMUNICATIONS INC-B3.691.061.01-9.26BBB+Baa150.0215.96
PKI-TPARKLAND CORP3.652.391.72-21.01BBBa242.7517.03
FFH-TFAIRFAX FINANCIAL HLDGS LTD3.531.71-1.93-34.32BBB-Baa313.74136.56
H-THYDRO ONE LTD3.43N/A5.0125.49A-N/A73.269.23
CTC-A-TCANADIAN TIRE CORP-CLASS A3.0616.729.648.67BBBN/A33.7418.19
MG-TMAGNA INTERNATIONAL INC3.0614.6910.74-0.85A-A325.4436.22
NPI-TNORTHLAND POWER INC2.762.130.0072.22BBBN/A70.0222.46
CCA-TCOGECO COMMUNICATIONS INC2.7510.6310.48-16.86BB+N/A29.9912.45
OSB-TNORBORD INC2.63-8.97-58.3323.58BBBa1N/A913.10
IFC-TINTACT FINANCIAL CORP2.399.449.065.57N/ABaa160.5121.95
CAS-TCASCADES INC2.2514.8760.0013.04BB-Ba232.699.34
WN-TWESTON (GEORGE) LTD2.234.440.96-8.19BBBN/A162.1218.11
SAP-TSAPUTO INC2.155.463.01-12.94N/ABaa146.2820.53
TA-TTRANSALTA CORP2.11-25.304.696.55BB+Ba165.31N/A
LUN-TLUNDIN MINING CORP1.96N/A25.0020.92NRN/A0.0030.65
TRI-TTHOMSON REUTERS CORP1.912.26-76.2120.53BBBBaa248.58103.42
YRI-TYAMANA GOLD INC1.900.45126.6257.63BB+Baa310.5133.93
L-TLOBLAW COMPANIES LTD1.904.943.28-3.21BBBN/A42.3821.47
PRMW-TPRIMO WATER CORP1.901.520.26-1.65BB1N/A101.45
OTEX-TOPEN TEXT CORP1.8715.007.53-7.58BB+Ba180.7632.06
CNR-TCANADIAN NATL RAILWAY CO1.7013.769.4314.34AA236.6225.31
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.5810.4811.73-17.58A-Baa127.0228.01
MRU-TMETRO INC/CN1.4414.8712.5014.54BBBN/A27.9420.36
HSE-THUSKY ENERGY INC1.42-25.20-45.00-60.21BBB *-Baa2 *-N/AN/A
CCL-B-TCCL INDUSTRIES INC - CL B1.4120.0310.94-5.43BBBBaa225.3719.18
RBA-TRITCHIE BROS AUCTIONEERS1.418.7011.0954.84BB+Ba255.3845.36
WFT-TWEST FRASER TIMBER CO LTD1.2423.360.007.33BBB-Baa3N/A12.63
ABX-TBARRICK GOLD CORP1.1811.7548.8960.40BBBBaa18.86N/A
TECK-B-TTECK RESOURCES LTD-CLS B1.12-19.73-33.33-14.29BBB-Baa3N/A229.82
CP-TCANADIAN PACIFIC RAILWAY LTD0.9419.7016.2233.76BBB+N/A17.7923.39
WCN-TWASTE CONNECTIONS INC0.822.1317.7610.73BBB+Baa230.9544.22
ATD-B-TALIMENTATION COUCHE-TARD -B0.6722.2014.745.48BBBBaa212.4814.25
CCO-TCAMECO CORP0.63-27.520.005.89BBB-N/A42.7290.13
MX-TMETHANEX CORP0.51-3.90-41.42-18.58BBBa1122.91N/A
SNC-TSNC-LAVALIN GROUP INC0.42-39.54-84.22-22.54BB+N/A12.84N/A
DOL-TDOLLARAMA INC0.388.572.332.59BBBN/A9.8026.49
HBM-THUDBAY MINERALS INC0.330.000.0022.21BB2N/A17.14

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.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow the author of this article:

Follow topics related to this article:

View more suggestions in Following Read more about following topics and authors
Report an error Editorial code of conduct
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies