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.
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 12:30 p.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 BPY-UN-T BROOKFIELD PROPERTY PARTNERS 8.68 5.36 0.73 -12.76 BBB N-A 74.87 N-A KEY-T KEYERA CORP 8.45 6.56 4.35 -23.57 BBB- N-A 89.46 11.50 REI-UN-T RIOCAN REAL ESTATE INVST TR 8.09 0.42 0.00 -28.69 BBB N-A 57.29 N-A ENB-T ENBRIDGE INC 7.94 11.74 9.76 -12.77 BBB+ Baa2 111.80 17.33 PPL-T PEMBINA PIPELINE CORP 7.64 6.97 6.81 -23.57 BBB N-A 89.13 13.18 RUS-T RUSSEL METALS INC 7.34 0.00 0.00 0.46 BB Ba3 123.37 53.66 IGM-T IGM FINANCIAL INC 6.58 0.00 0.00 -3.62 A N-A 72.05 11.06 GEI-T GIBSON ENERGY INC 6.51 1.39 2.27 -10.53 BBB- Ba2 108.88 20.00 CPX-T CAPITAL POWER CORP 6.24 7.11 7.13 5.51 BBB- N-A 250.00 9.42 POW-T POWER CORP OF CANADA 6.13 7.76 11.02 -1.71 A+ N-A 79.05 10.28 SPB-T SUPERIOR PLUS CORP 5.96 0.00 0.00 2.65 BB- N-A 88.29 34.49 BCE-T BCE INC 5.89 5.08 5.03 -6.49 BBB+ Baa2 93.93 17.81 GWO-T GREAT-WEST LIFECO INC 5.83 6.08 6.08 -4.41 A+ N-A 66.25 N-A BNS-T BANK OF NOVA SCOTIA 5.65 5.77 3.15 -9.63 A+ N-A 51.90 11.56 TRP-T TC ENERGY CORP 5.63 9.28 8.16 -9.82 BBB+ Baa2 70.27 13.43 CNQ-T CANADIAN NATURAL RESOURCES 5.63 12.52 13.01 -11.75 BBB Baa2 32.98 N-A FCR-UN-T FIRST CAPITAL REAL ESTATE IN 5.62 0.00 0.00 -24.93 BBB- Baa3 36.86 10.21 CHP-UN-T CHOICE PROPERTIES REIT 5.60 2.63 0.00 1.81 BBB N-A N-A 9.51 CJR-B-T CORUS ENTERTAINMENT INC-B SH 5.53 -26.67 0.00 -19.39 BB N-A N-A 5.81 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.42 3.64 4.69 2.76 BBB N-A 123.28 42.29 CU-T CANADIAN UTILITIES LTD-A 5.41 8.10 3.00 -13.26 A- N-A 52.15 18.50 CM-T CAN IMPERIAL BK OF COMMERCE 5.33 6.24 3.93 1.00 A+ N-A 49.91 11.55 SJR-B-T SHAW COMMUNICATIONS INC-B 5.26 0.36 0.00 -13.64 BBB- Baa2 89.88 16.95 ALA-T ALTAGAS LTD 5.23 -12.46 0.00 -1.40 BBB- N-A 34.93 N-A MFC-T MANULIFE FINANCIAL CORP 5.09 10.99 12.00 -10.98 A N-A 36.19 8.33 OSB-T NORBORD INC 5.00 10.44 -17.86 35.88 BB *+ Ba1 *+ N-A 13.43 T-T TELUS CORP 4.97 7.28 5.19 4.80 BBB+ Baa1 77.78 20.46 MIC-T GENWORTH MI CANADA INC 4.94 40.09 118.88 -6.70 BBB+ N-A 126.89 8.82 LB-T LAURENTIAN BANK OF CANADA 4.91 -0.55 -18.32 -24.80 BBB N-A 69.32 11.06 EMA-T EMERA INC 4.73 8.28 4.21 3.20 BBB Baa3 85.22 21.64 TCL-A-T TRANSCONTINENTAL INC-CL A 4.69 5.96 2.87 39.10 BBB- N-A 46.25 9.31 TD-T TORONTO-DOMINION BANK 4.52 9.23 7.61 -4.07 AA- N-A 46.09 13.26 ACO-X-T ATCO LTD -CLASS I 4.51 12.30 7.50 -20.44 A- N-A 36.19 17.55 BMO-T BANK OF MONTREAL 4.47 5.53 4.43 -2.08 A+ N-A 46.76 12.61 CIX-T CI FINANCIAL CORP 4.22 -11.08 0.00 -14.93 BBB N-A 31.71 7.11 AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.08 2.43 3.10 -21.27 N-A Baa2 28.65 23.70 RY-T ROYAL BANK OF CANADA 4.04 6.85 5.41 2.86 AA- N-A 46.38 13.73 AQN-T ALGONQUIN POWER & UTILITIES 3.98 11.85 11.82 13.52 BBB N-A 53.18 23.79 NA-T NATIONAL BANK OF CANADA 3.92 6.84 6.77 6.56 A N-A 41.68 11.94 SU-T SUNCOR ENERGY INC 3.91 2.74 -19.44 -46.00 BBB+ Baa1 90.35 N-A BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.90 7.85 -0.89 7.58 BBB+ N-A 1103.95 N-A FTS-T FORTIS INC 3.88 6.79 6.02 3.80 A- Baa3 49.61 20.60 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.82 4.74 -6.20 15.43 N-A (P)Baa2 36.04 23.88 SLF-T SUN LIFE FINANCIAL INC 3.82 7.82 4.76 -1.16 A+ Baa1 (hyb) 47.21 15.91 NTR-T NUTRIEN LTD 3.79 N-A 5.12 6.50 BBB Baa2 103.31 34.02 IMO-T IMPERIAL OIL LTD 3.79 10.67 7.32 -27.69 AA N-A 29.36 N-A IPL-T INTER PIPELINE LTD 3.70 -9.64 -47.95 -37.25 BBB- N-A 131.06 17.85 QSR-T RESTAURANT BRANDS INTERN 3.65 37.17 6.60 -12.13 BB N-A 83.36 25.73 ITP-T INTERTAPE POLYMER GROUP INC 3.48 5.56 6.00 56.00 BB- Ba3 82.47 15.26 H-T HYDRO ONE LTD 3.43 N-A 5.01 22.77 A- N-A 73.26 9.04 IAG-T IA FINANCIAL CORP INC 3.39 10.83 9.92 -12.57 A N-A 27.37 N-A RCI-B-T ROGERS COMMUNICATIONS INC-B 3.28 1.06 1.01 -2.22 BBB+ Baa1 50.02 17.93 FTT-T FINNING INTERNATIONAL INC 3.12 2.49 0.61 13.94 BBB+ N-A 55.38 24.72 PKI-T PARKLAND CORP 3.07 2.38 1.72 -13.26 BB Ba2 42.75 19.99 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.93 1.71 -1.93 -24.23 BBB- Baa3 13.74 167.97 BEI-UN-T BOARDWALK REAL ESTATE INVEST 2.93 -21.88 0.00 -27.29 N-A N-A 133.58 N-A CTC-A-T CANADIAN TIRE CORP-CLASS A 2.82 16.72 9.64 11.64 BBB N-A 33.74 16.82 INE-T INNERGEX RENEWABLE ENERGY 2.81 3.06 2.88 55.17 BBB- N-A N-A N-A BEP-UN-T BROOKFIELD RENEWABLE PARTNER 2.77 4.06 -5.02 71.01 BBB+ N-A N-A N-A CCA-T COGECO COMMUNICATIONS INC 2.73 10.57 10.44 -16.29 BB+ N-A 29.99 12.56 NPI-T NORTHLAND POWER INC 2.68 2.13 0.00 68.69 BBB N-A 70.02 22.18 MG-T MAGNA INTERNATIONAL INC 2.61 13.46 9.92 13.28 A- A3 25.44 26.86 IFC-T INTACT FINANCIAL CORP 2.31 9.44 9.06 7.52 N-A Baa1 60.51 20.29 WN-T WESTON (GEORGE) LTD 2.28 4.44 0.96 -8.81 BBB N-A 162.12 17.55 CAS-T CASCADES INC 2.22 14.87 33.33 18.71 BB- Ba2 32.69 7.57 L-T LOBLAW COMPANIES LTD 2.09 4.94 3.28 -8.82 BBB N-A 42.38 20.50 YRI-T YAMANA GOLD INC 2.04 0.45 126.62 40.40 BB+ Baa3 10.51 31.47 EFN-T ELEMENT FLEET MANAGEMENT COR 1.98 N-A 0.00 16.80 BBB N-A 146.09 43.69 SAP-T SAPUTO INC 1.94 5.26 3.01 -8.43 N-A Baa1 46.28 23.22 TRI-T THOMSON REUTERS CORP 1.93 1.54 5.73 13.04 BBB Baa2 48.58 74.98 TA-T TRANSALTA CORP 1.90 -25.08 6.25 1.61 BB+ Ba1 65.31 N-A OTEX-T OPEN TEXT CORP 1.81 13.34 3.90 0.71 BB+ Ba1 80.76 34.44 CNR-T CANADIAN NATL RAILWAY CO 1.65 13.76 9.43 17.85 A A2 36.62 27.18 PRMW-T PRIMO WATER CORP 1.61 0.63 -0.29 10.84 B B1 N-A 73.79 ABX-T BARRICK GOLD CORP 1.57 18.30 52.93 35.85 BBB Baa1 8.86 N-A LUN-T LUNDIN MINING CORP 1.55 N-A 25.00 47.01 NR N-A 0.00 39.68 MRU-T METRO INC/CN 1.50 14.04 12.50 4.48 BBB N-A 27.74 18.98 RBA-T RITCHIE BROS AUCTIONEERS 1.24 7.55 10.35 63.47 BB+ Ba2 55.38 44.84 CCL-B-T CCL INDUSTRIES INC - CL B 1.23 20.03 10.94 4.86 BBB Baa2 25.37 20.10 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.19 9.49 12.46 3.46 A- Baa1 27.02 54.86 WFT-T WEST FRASER TIMBER CO LTD 1.13 23.36 0.00 24.59 BBB- Baa3 N-A 13.88 TECK-B-T TECK RESOURCES LTD-CLS B 0.96 -19.73 -33.33 1.01 BBB- Baa3 N-A 265.86 HSE-T HUSKY ENERGY INC 0.93 -32.67 -67.50 -41.45 BBB *- Baa2 *- N-A N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.91 19.70 16.22 34.45 BBB+ N-A 17.79 24.10 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.81 22.20 14.74 -0.46 BBB Baa2 12.48 15.00 WCN-T WASTE CONNECTIONS INC 0.79 2.56 15.75 13.58 BBB+ Baa2 30.95 45.91 CCO-T CAMECO CORP 0.62 -27.52 0.00 7.92 BBB- N-A 42.72 N-A MX-T METHANEX CORP 0.36 -3.90 -41.42 13.35 BB Ba1 122.91 N-A DOL-T DOLLARAMA INC 0.34 8.57 2.33 7.98 BBB N-A 9.80 30.18 SNC-T SNC-LAVALIN GROUP INC 0.33 -39.66 -66.67 0.74 BB+ N-A 12.84 N-A HBM-T HUDBAY MINERALS INC 0.24 0.00 0.00 90.46 B B2 N-A 22.38 FM-T FIRST QUANTUM MINERALS LTD 0.05 -34.30 0.00 50.37 CCC+ Caa2 N-A N-A
Source: Bloomberg
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Scott Barlow