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 Friday 9:45 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 KEY-T KEYERA CORP 7.70 5.78 2.67 -15.09 BBB- N-A 682.71 15.83 BPY-UN-T BROOKFIELD PROPERTY PARTNERS 7.68 4.28 -0.82 9.27 BBB N-A N-A 51.95 ENB-T ENBRIDGE INC 7.63 11.15 7.97 -5.42 BBB+ Baa2 219.40 20.47 PPL-T PEMBINA PIPELINE CORP 7.58 6.78 5.00 -25.58 BBB N-A 89.13 16.39 IGM-T IGM FINANCIAL INC 6.47 0.00 0.00 4.87 A N-A 70.14 11.10 TRP-T TC ENERGY CORP 6.45 9.27 8.00 -18.36 BBB+ Baa2 68.32 12.65 BCE-T BCE INC 6.41 5.07 5.05 -1.75 BBB+ Baa2 132.54 17.72 GEI-T GIBSON ENERGY INC 6.40 1.22 3.03 -8.38 BBB- Ba2 163.77 25.06 RUS-T RUSSEL METALS INC 6.26 0.00 0.00 33.34 BB Ba3 385.71 162.23 CPX-T CAPITAL POWER CORP 5.95 7.08 7.01 9.94 BBB- N-A 250.00 29.40 CHP-UN-T CHOICE PROPERTIES REIT 5.87 2.52 0.00 -1.16 BBB N-A 116.18 12.91 POW-T POWER CORP OF CANADA 5.84 7.90 10.49 10.92 A+ N-A 79.05 10.78 CU-T CANADIAN UTILITIES LTD-A 5.71 7.61 2.49 -18.09 A- N-A 52.15 16.56 SPB-T SUPERIOR PLUS CORP 5.47 0.00 0.00 40.06 BB- N-A 168.31 97.65 GWO-T GREAT-WEST LIFECO INC 5.43 6.08 6.05 9.02 A+ N-A 55.23 N-A SJR-B-T SHAW COMMUNICATIONS INC-B 5.31 0.00 0.00 1.12 BBB- Baa2 89.88 16.55 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.20 3.61 4.51 5.61 BBB N-A 216.91 61.09 ALA-T ALTAGAS LTD 5.07 -12.77 1.03 4.10 BBB- N-A 34.93 20.31 REI-UN-T RIOCAN REAL ESTATE INVST TR 5.04 -0.72 -5.56 -17.27 BBB N-A N-A N-A EMA-T EMERA INC 5.04 7.39 4.17 -6.37 BBB Baa3 64.93 16.76 MIC-T SAGEN MI CANADA INC 4.98 5.92 -74.85 -7.75 BBB+ N-A 133.07 8.59 CM-T CAN IMPERIAL BK OF COMMERCE 4.93 5.73 2.82 23.31 A+ N-A 70.67 12.08 T-T TELUS CORP 4.87 7.12 5.21 10.64 BBB+ Baa1 125.93 23.34 CNQ-T CANADIAN NATURAL RESOURCES 4.84 13.07 13.33 10.71 BBB- Baa2 32.98 N-A BNS-T BANK OF NOVA SCOTIA 4.79 5.46 1.69 13.76 A+ N-A 66.29 13.99 ACO-X-T ATCO LTD -CLASS I 4.72 11.95 7.51 -20.88 A- N-A 36.19 11.06 LB-T LAURENTIAN BANK OF CANADA 4.66 -3.55 -29.17 -4.11 BBB N-A 90.17 12.01 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.55 -26.77 0.00 34.33 BB N-A N-A 7.02 AP-UN-T ALLIED PROPERTIES REAL ESTAT 4.44 2.45 3.62 -26.55 N-A Baa2 41.02 21.78 MFC-T MANULIFE FINANCIAL CORP 4.39 10.01 8.74 19.47 A N-A 38.05 8.73 OSB-T NORBORD INC 4.21 15.90 -17.86 N-A BBB- Ba1 *+ 27.67 7.12 TCL-A-T TRANSCONTINENTAL INC-CL A 4.16 5.77 2.27 41.42 BBB- N-A 59.19 10.63 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.11 4.91 4.05 11.34 N-A (P)Baa2 36.04 22.98 CIX-T CI FINANCIAL CORP 4.08 -11.28 0.00 -17.12 BBB N-A 31.71 7.28 FTS-T FORTIS INC 4.07 6.56 5.93 -5.25 A- Baa3 75.68 19.13 TD-T TORONTO-DOMINION BANK 4.05 9.15 6.76 18.63 AA- N-A 48.28 11.73 BMO-T BANK OF MONTREAL 4.02 5.27 2.91 21.87 A+ N-A 56.14 12.82 AQN-T ALGONQUIN POWER & UTILITIES 3.96 10.76 12.30 2.27 BBB N-A 53.18 24.10 RY-T ROYAL BANK OF CANADA 3.94 6.72 4.35 14.97 AA- N-A 54.74 13.55 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.92 6.33 -3.82 10.60 BBB+ N-A 410.70 96.84 H-T HYDRO ONE LTD 3.76 N-A 5.01 4.01 A- N-A 33.84 9.13 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.62 0.82 0.00 -6.99 BBB+ Baa1 253.77 16.53 SLF-T SUN LIFE FINANCIAL INC 3.54 7.82 4.76 11.38 A+ Baa1 (hyb) 53.54 16.49 NA-T NATIONAL BANK OF CANADA 3.54 6.43 4.41 20.50 A N-A 49.55 12.18 QSR-T RESTAURANT BRANDS INTERN 3.44 37.25 4.67 2.23 BB N-A 129.25 34.44 ITP-T INTERTAPE POLYMER GROUP INC 3.38 4.36 5.68 77.42 BB- Ba3 82.47 15.76 NTR-T NUTRIEN LTD 3.32 N-A 4.50 35.27 BBB Baa2 224.64 35.84 SU-T SUNCOR ENERGY INC 3.30 -0.80 -34.82 -28.23 BBB+ Baa1 90.35 N-A IMO-T IMPERIAL OIL LTD 3.15 10.26 3.53 -1.29 AA- N-A N-A N-A PKI-T PARKLAND CORP 3.12 2.37 1.71 -4.65 BB Ba2 42.75 25.00 IAG-T IA FINANCIAL CORP INC 2.98 10.45 9.92 5.88 A N-A 33.98 N-A INE-T INNERGEX RENEWABLE ENERGY 2.97 3.04 2.86 27.32 BB+ N-A N-A N-A BEP-UN-T BROOKFIELD RENEWABLE PARTNER 2.94 1.98 -10.62 50.57 BBB+ N-A N-A N-A CTC-A-T CANADIAN TIRE CORP-CLASS A 2.88 16.37 7.94 27.83 BBB N-A 9.52 12.73 NPI-T NORTHLAND POWER INC 2.82 2.13 0.00 47.02 BBB N-A 62.34 24.80 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.76 -1.72 -8.29 -17.40 BBB- Baa3 7017.98 18.40 BEI-UN-T BOARDWALK REAL ESTATE INVEST 2.75 -20.02 0.00 -17.25 N-A N-A 133.58 N-A IPL-T INTER PIPELINE LTD 2.68 -17.24 -65.94 -5.13 BBB- N-A 93.51 23.95 YRI-T YAMANA GOLD INC 2.50 4.47 142.57 2.86 BB+ Baa3 26.03 16.45 FTT-T FINNING INTERNATIONAL INC 2.49 2.49 0.00 72.26 BBB+ N-A 57.01 28.61 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.40 -2.74 -2.99 -6.40 BBB- Baa3 121.09 N-A WN-T WESTON (GEORGE) LTD 2.33 4.63 1.67 -4.55 BBB N-A 162.12 17.17 IFC-T INTACT FINANCIAL CORP 2.32 9.39 9.21 0.66 N-A Baa1 46.12 20.86 CCA-T COGECO COMMUNICATIONS INC 2.25 10.52 10.41 10.00 BB+ N-A 29.99 14.28 L-T LOBLAW COMPANIES LTD 2.16 5.17 3.23 -4.91 BBB N-A 42.38 18.40 EFN-T ELEMENT FLEET MANAGEMENT COR 2.08 51.57 11.11 1.55 BBB N-A 146.09 41.60 MG-T MAGNA INTERNATIONAL INC 2.07 13.46 9.92 77.66 A- A3 63.34 23.14 CAS-T CASCADES INC 1.94 14.87 33.33 54.97 BB- Ba2 32.69 7.07 SAP-T SAPUTO INC 1.92 5.22 2.99 -0.32 N-A Baa1 46.28 23.31 ABX-T BARRICK GOLD CORP 1.87 24.80 148.57 -3.83 BBB Baa1 25.25 17.06 MRU-T METRO INC/CN 1.87 13.55 12.12 3.99 BBB N-A 27.74 16.58 TRI-T THOMSON REUTERS CORP 1.83 0.95 5.73 14.25 BBB Baa2 65.71 44.88 OTEX-T OPEN TEXT CORP 1.78 13.97 6.84 2.57 BB+ Ba1 80.76 76.65 CNR-T CANADIAN NATL RAILWAY CO 1.77 12.97 6.98 24.42 A A2 45.93 26.18 LUN-T LUNDIN MINING CORP 1.67 N-A 33.33 115.32 NR N-A 69.58 45.40 PRMW-T PRIMO WATER CORP 1.62 0.63 -0.29 -0.41 B B1 N-A 96.09 RBA-T RITCHIE BROS AUCTIONEERS 1.60 6.58 8.94 32.91 BB+ Ba2 54.12 34.31 TA-T TRANSALTA CORP 1.60 -21.54 7.81 13.89 BB+ Ba1 65.31 N-A CCL-B-T CCL INDUSTRIES INC - CL B 1.27 19.14 5.88 51.94 BBB Baa2 25.37 21.47 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.25 8.35 12.95 -0.99 A- Baa1 N-A 73.53 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.91 21.74 19.00 -5.33 BBB Baa2 12.48 13.15 CP-T CANADIAN PACIFIC RAILWAY LTD 0.83 20.52 13.38 38.34 BBB+ N-A 19.60 25.78 WCN-T WASTE CONNECTIONS INC 0.83 2.25 11.23 -2.53 BBB+ Baa2 97.66 43.97 HSE-T HUSKY ENERGY INC 0.74 -28.69 -67.50 N-A BBB- Baa3 N-A N-A TECK-B-T TECK RESOURCES LTD-CLS B 0.73 0.00 0.00 105.02 BBB- Baa3 N-A 123.51 MX-T METHANEX CORP 0.40 -14.18 -65.16 26.66 BB Ba1 122.91 N-A DOL-T DOLLARAMA INC 0.40 8.33 1.70 20.75 BBB N-A 9.80 26.26 CCO-T CAMECO CORP 0.39 -27.52 0.00 76.43 BBB- N-A N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.30 -39.66 -66.67 -14.11 BB+ N-A 12.84 N-A HBM-T HUDBAY MINERALS INC 0.21 0.00 0.00 197.42 B B2 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.04 -34.30 0.00 187.41 CCC+ Caa2 N-A N-A
Source: Bloomberg
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Scott Barlow