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.
Notes on data: The dividend yield quoted is based on annualizing the most recent payment. Payout ratio may be different than elsewhere quoted due to differences in time frame used or method of calculation for after tax income.
Data as of Monday 11:15 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
BPY-UN-T BROOKFIELD PROPERTY PARTNERS 7.96 5.36 0.73 -4.99 BBB N-A 74.87 #N-A N-A
KEY-T KEYERA CORP 7.73 6.03 3.23 -22.31 BBB- N-A 89.46 12.58
ENB-T ENBRIDGE INC 7.61 11.74 9.76 -12.49 BBB+ Baa2 111.80 18.67
PPL-T PEMBINA PIPELINE CORP 7.27 6.87 5.88 -26.39 BBB N-A 89.13 13.85
GEI-T GIBSON ENERGY INC 6.70 1.22 3.03 -19.74 BBB- Ba2 108.88 19.45
RUS-T RUSSEL METALS INC 6.57 0.00 0.00 11.95 BB Ba3 123.37 59.98
IGM-T IGM FINANCIAL INC 6.54 0.00 0.00 -5.11 A N-A 72.05 11.14
BCE-T BCE INC 6.04 5.07 5.05 -6.44 BBB+ Baa2 93.93 17.37
POW-T POWER CORP OF CANADA 5.86 7.90 12.09 -2.49 A+ N-A 79.05 10.76
GWO-T GREAT-WEST LIFECO INC 5.85 6.08 6.05 -7.07 A+ N-A 66.25 N-A
SPB-T SUPERIOR PLUS CORP 5.78 0.00 0.00 4.48 BB- N-A 88.29 35.57
CHP-UN-T CHOICE PROPERTIES REIT 5.78 2.63 0.00 -8.38 BBB N-A N-A 9.22
TRP-T TC ENERGY CORP 5.76 9.27 8.00 -17.67 BBB+ Baa2 70.27 13.13
CNQ-T CANADIAN NATURAL RESOURCES 5.56 13.07 13.33 -16.26 BBB Baa2 32.98 N-A
REI-UN-T RIOCAN REAL ESTATE INVST TR 5.50 0.42 0.00 -30.70 BBB N-A 57.29 N-A
CU-T CANADIAN UTILITIES LTD-A 5.43 8.10 3.00 -15.22 A- N-A 52.15 18.63
CPX-T CAPITAL POWER CORP 5.42 7.08 7.01 13.09 BBB- N-A 250.00 10.85
SJR-B-T SHAW COMMUNICATIONS INC-B 5.34 0.12 0.00 -10.28 BBB- Baa2 89.88 16.48
CM-T CAN IMPERIAL BK OF COMMERCE 5.28 5.73 2.82 8.05 A+ N-A 70.67 11.71
BNS-T BANK OF NOVA SCOTIA 5.18 5.46 1.69 0.75 A+ N-A 66.29 13.43
CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.11 3.63 4.51 1.45 BBB N-A 123.28 44.91
LB-T LAURENTIAN BANK OF CANADA 5.10 -3.55 -29.17 -24.56 BBB N-A 90.17 10.95
ALA-T ALTAGAS LTD 5.08 -12.67 0.69 2.30 BBB- N-A 34.93 N-A
MIC-T GENWORTH MI CANADA INC 4.95 31.53 0.32 -17.37 BBB+ N-A 126.89 8.81
CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.93 -26.77 0.00 -2.50 BB N-A N-A 6.48
EMA-T EMERA INC 4.78 8.28 4.21 -7.71 BBB Baa3 85.22 21.41
MFC-T MANULIFE FINANCIAL CORP 4.72 10.99 12.00 -7.54 A N-A 36.19 8.99
ACO-X-T ATCO LTD -CLASS I 4.71 11.95 7.51 -23.54 A- N-A 36.19 17.30
T-T TELUS CORP 4.66 7.12 5.21 7.25 BBB+ Baa1 77.78 21.83
AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.47 2.44 3.38 -28.34 N-A Baa2 28.65 22.28
TCL-A-T TRANSCONTINENTAL INC-CL A 4.41 5.77 2.27 38.29 BBB- N-A 59.19 9.94
CIX-T CI FINANCIAL CORP 4.41 -11.15 0.00 -26.21 BBB N-A 31.71 6.81
BMO-T BANK OF MONTREAL 4.34 5.53 4.43 -0.97 A+ N-A 56.14 12.92
TD-T TORONTO-DOMINION BANK 4.31 9.15 6.76 3.79 AA- N-A 48.28 11.33
OSB-T NORBORD INC 4.31 10.44 -17.86 47.05 BB *+ Ba1 *+ N-A 15.87
RY-T ROYAL BANK OF CANADA 4.09 6.72 4.35 4.63 AA- N-A 54.74 13.50
GRT-UN-T GRANITE REAL ESTATE INVESTME 3.88 4.80 3.81 13.09 N-A (P)Baa2 36.04 24.34
NA-T NATIONAL BANK OF CANADA 3.85 6.43 4.41 4.58 A N-A 49.55 12.00
FTS-T FORTIS INC 3.85 6.79 6.02 -6.66 A- Baa3 49.61 20.72
SU-T SUNCOR ENERGY INC 3.80 -0.80 -34.82 -45.70 BBB+ Baa1 90.35 N-A
BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.75 7.85 -0.89 8.45 BBB+ N-A 1103.95 N-A
SLF-T SUN LIFE FINANCIAL INC 3.65 7.82 4.76 -1.26 A+ Baa1 (hyb) 47.21 16.66
IPL-T INTER PIPELINE LTD 3.65 -14.42 -59.94 -37.64 BBB- N-A 131.06 18.09
AQN-T ALGONQUIN POWER & UTILITIES 3.54 10.76 12.30 17.63 BBB N-A 53.18 26.75
QSR-T RESTAURANT BRANDS INTERN 3.53 37.25 4.67 -7.35 BB N-A 83.36 29.31
IMO-T IMPERIAL OIL LTD 3.48 10.26 3.53 -21.92 AA N-A 29.36 N-A
NTR-T NUTRIEN LTD 3.47 N-A 4.50 19.65 BBB Baa2 103.31 36.10
ITP-T INTERTAPE POLYMER GROUP INC 3.40 4.36 5.68 52.24 BB- Ba3 82.47 15.55
H-T HYDRO ONE LTD 3.34 N-A 5.01 18.79 A- N-A 73.26 9.29
IAG-T IA FINANCIAL CORP INC 3.34 10.83 9.92 -17.53 A N-A 27.37 N-A
RCI-B-T ROGERS COMMUNICATIONS INC-B 3.23 0.82 0.00 -3.11 BBB+ Baa1 50.02 18.23
PKI-T PARKLAND CORP 3.07 2.38 1.71 -11.70 BB Ba2 42.75 25.42
FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.92 0.00 0.00 -28.04 BBB- Baa3 36.86 9.87
FTT-T FINNING INTERNATIONAL INC 2.84 2.49 0.61 26.12 BBB+ N-A 55.38 27.19
CTC-A-T CANADIAN TIRE CORP-CLASS A 2.76 16.72 9.64 21.77 BBB N-A 33.74 17.18
BEI-UN-T BOARDWALK REAL ESTATE INVEST 2.75 -19.93 0.00 -21.34 N-A N-A 133.58 N-A
FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.75 -2.74 -2.99 -20.94 BBB- Baa3 13.74 177.02
BEP-UN-T BROOKFIELD RENEWABLE PARTNER 2.47 4.06 -5.02 94.53 BBB+ N-A N-A N-A
NPI-T NORTHLAND POWER INC 2.44 2.13 0.00 72.97 BBB N-A 70.02 24.40
CCA-T COGECO COMMUNICATIONS INC 2.42 9.97 10.44 2.88 BB+ N-A 29.99 13.26
WN-T WESTON (GEORGE) LTD 2.34 4.63 1.67 -10.24 BBB N-A 162.12 17.11
IFC-T INTACT FINANCIAL CORP 2.31 9.39 9.21 3.57 N-A Baa1 60.51 20.31
INE-T INNERGEX RENEWABLE ENERGY 2.29 3.04 2.86 74.93 BB+ N-A N-A N-A
MG-T MAGNA INTERNATIONAL INC 2.23 13.46 9.92 39.79 A- A3 25.44 32.07
EFN-T ELEMENT FLEET MANAGEMENT COR 2.11 51.57 11.11 -0.90 BBB N-A 146.09 41.02
L-T LOBLAW COMPANIES LTD 2.10 5.17 3.23 -5.66 BBB N-A 42.38 20.41
CAS-T CASCADES INC 2.07 14.87 33.33 37.37 BB- Ba2 32.69 8.10
YRI-T YAMANA GOLD INC 2.05 4.47 142.57 24.35 BB+ Baa3 10.51 31.32
SAP-T SAPUTO INC 1.95 5.42 2.99 -8.32 N-A Baa1 46.28 23.17
TRI-T THOMSON REUTERS CORP 1.89 1.54 5.73 2.78 BBB Baa2 48.58 77.76
OTEX-T OPEN TEXT CORP 1.76 13.97 6.84 -1.82 BB+ Ba1 80.76 35.88
CNR-T CANADIAN NATL RAILWAY CO 1.69 12.97 6.98 11.71 A A2 36.62 26.56
MRU-T METRO INC/CN 1.58 14.04 12.50 6.02 BBB N-A 27.74 18.03
ABX-T BARRICK GOLD CORP 1.58 18.30 52.93 22.24 BBB Baa1 8.86 30.50
TA-T TRANSALTA CORP 1.57 -25.08 6.25 19.93 BB+ Ba1 65.31 N-A
PRMW-T PRIMO WATER CORP 1.53 0.63 -0.29 6.62 B B1 N-A 79.18
RBA-T RITCHIE BROS AUCTIONEERS 1.39 7.55 10.35 43.99 BB+ Ba2 55.38 39.90
LUN-T LUNDIN MINING CORP 1.33 N-A 33.33 67.94 NR N-A 52.76 46.99
BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.28 9.49 12.46 -9.62 A- Baa1 27.02 52.06
CCL-B-T CCL INDUSTRIES INC - CL B 1.20 19.14 5.88 7.00 BBB Baa2 25.37 20.63
WFT-T WEST FRASER TIMBER CO LTD 0.97 23.36 0.00 45.61 BBB- Baa3 N-A 16.22
ATD-B-T ALIMENTATION COUCHE-TARD -B 0.91 21.74 19.00 -11.82 BBB Baa2 12.48 13.12
CP-T CANADIAN PACIFIC RAILWAY LTD 0.87 20.52 13.38 27.87 BBB+ N-A 17.79 25.04
WCN-T WASTE CONNECTIONS INC 0.82 2.25 15.75 0.73 BBB+ Baa2 30.95 44.77
TECK-B-T TECK RESOURCES LTD-CLS B 0.79 0.00 0.00 35.22 BBB- Baa3 N-A 325.11
HSE-T HUSKY ENERGY INC 0.74 -28.69 -67.50 N-A BBB- Baa3 N-A N-A
CCO-T CAMECO CORP 0.50 -27.52 0.00 46.22 BBB- N-A 42.72 N-A
MX-T METHANEX CORP 0.42 -14.18 -65.16 -4.84 BB Ba1 122.91 N-A
DOL-T DOLLARAMA INC 0.36 8.33 1.70 12.45 BBB N-A 9.80 28.87
SNC-T SNC-LAVALIN GROUP INC 0.35 -39.66 -66.67 -26.78 BB+ N-A 12.84 N-A
HBM-T HUDBAY MINERALS INC 0.25 0.00 0.00 83.17 B B2 N-A 21.40
FM-T FIRST QUANTUM MINERALS LTD 0.04 -34.30 0.00 87.08 CCC+ Caa2 N-A N-A
Source: Bloomberg
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