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The table below ranks all S&P/TSX companies by indicated dividend yield, according to Bloomberg data.

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.

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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 is as of 10 a.m. ET Friday.

Indicated Dividend Yield5Y Dividend Growth1Y Dividend Growth1Y Total ReturnS&P LT Credit RatingMoody's LT Credit RatingPayout RatioPE Ratio
ENB-TENBRIDGE INC7.1111.157.9718.90BBB+Baa2219.4021.96
KEY-TKEYERA CORP6.915.491.5946.28BBB-N/A682.7117.64
PPL-TPEMBINA PIPELINE CORP6.676.523.2827.64BBBN/AN/A18.28
GEI-TGIBSON ENERGY INC6.321.213.0119.13BBB-Ba2163.7725.40
BCE-TBCE INC6.025.085.069.61BBB+Baa2132.5419.33
TRP-TTC ENERGY CORP5.759.207.840.14BBB+Baa268.3214.19
RUS-TRUSSEL METALS INC5.450.000.0099.99BBBa3385.71186.26
CPX-TCAPITAL POWER CORP5.307.056.8952.85BBB-N/A250.0024.94
CHP-U-TCHOICE PROPERTIES REIT5.272.420.0017.78BBBN/A116.18104.33
IGM-TIGM FINANCIAL INC5.200.000.0056.71AN/A70.1413.79
CU-TCANADIAN UTILITIES LTD-A5.067.612.498.11A-N/A131.9519.34
CNQ-TCANADIAN NATURAL RESOURCES5.0513.6612.5869.77BBB-Baa2N/AN/A
POW-TPOWER CORP OF CANADA5.007.537.6771.50A+N/A58.1311.84
GWO-TGREAT-WEST LIFECO INC4.915.764.4765.86A+N/A55.23N/A
CRT-U-TCT REAL ESTATE INVESTMENT TR4.873.593.8234.43BBBN/A216.9165.33
T-TTELUS CORP4.856.985.2318.25BBB+Baa1125.9323.43
SPB-TSUPERIOR PLUS CORP4.830.000.0060.08BB-N/A168.31110.56
BNS-TBANK OF NOVA SCOTIA4.605.150.8448.35A+N/A66.2914.52
REI-U-TRIOCAN REAL ESTATE INVST TR4.59-1.92-11.1142.37BBBN/AN/AN/A
CM-TCAN IMPERIAL BK OF COMMERCE4.595.171.7462.97A+N/A70.6712.96
EMA-TEMERA INC4.586.714.125.19BBBBaa364.9320.76
ALA-TALTAGAS LTD4.45-12.961.7242.53BBB-N/A55.1415.00
ACO-X-TATCO LTD -CLASS I4.2911.296.3211.87A-N/A79.0223.22
MFC-TMANULIFE FINANCIAL CORP4.1810.018.7461.47AN/A38.059.17
CJR-B-TCORUS ENTERTAINMENT INC-B SH4.11-26.770.0095.52BBN/AN/A7.22
AP-U-TALLIED PROPERTIES REAL ESTAT3.962.463.270.53N/ABaa241.0223.48
AQN-TALGONQUIN POWER & UTILITIES3.949.957.757.56BBBN/A44.4930.29
BIP-U-TBROOKFIELD INFRASTRUCTURE PA3.866.33-5.8526.41BBB+N/A410.70101.52
TCL-A-TTRANSCONTINENTAL INC-CL A3.845.311.6995.12BBB-N/A59.1911.52
GRT-U-TGRANITE REAL ESTATE INVESTME3.814.833.6328.90N/A(P)Baa238.3228.19
LB-TLAURENTIAN BANK OF CANADA3.77-6.84-39.8543.66BBBN/A90.1713.71
TD-TTORONTO-DOMINION BANK3.738.724.9852.56AA-N/A48.2812.75
FTS-TFORTIS INC3.706.565.934.98A-Baa375.6821.05
RY-TROYAL BANK OF CANADA3.676.452.8643.24AA-N/A54.7414.54
BMO-TBANK OF MONTREAL3.665.011.4471.81A+N/A56.1414.10
CIX-TCI FINANCIAL CORP3.64-11.420.0039.34BBBN/A32.638.15
H-THYDRO ONE LTD3.4524.445.0120.79A-N/A33.849.93
NTR-TNUTRIEN LTD3.42N/A-0.4442.90BBBBaa2223.3935.94
SJR-B-TSHAW COMMUNICATIONS INC-B3.330.000.0064.44BBB-Baa2 *-89.8824.43
INE-TINNERGEX RENEWABLE ENERGY3.322.872.1319.73BB+N/AN/AN/A
SLF-TSUN LIFE FINANCIAL INC3.327.392.3344.46A+Baa1 (hyb)53.5417.59
RCI-B-TROGERS COMMUNICATIONS INC-B3.290.820.008.05BBB+ *-Baa1 *-63.4417.71
SU-TSUNCOR ENERGY INC3.20-6.09-51.309.75BBB+Baa1N/AN/A
IMO-TIMPERIAL OIL LTD3.199.860.0056.20AA-N/AN/AN/A
NA-TNATIONAL BANK OF CANADA3.176.022.1665.94AN/A49.5513.57
PKI-TPARKLAND CORP3.142.261.7023.30BBBa2224.3967.43
BEP-U-TBROOKFIELD RENEWABLE PARTNER3.111.98-12.1545.22BBB+N/AN/AN/A
QSR-TRESTAURANT BRANDS INTERN3.0933.310.3028.29BBN/A129.2536.76
NPI-TNORTHLAND POWER INC2.812.130.0047.25BBBN/A62.3424.92
IAG-TIA FINANCIAL CORP INC2.7810.455.7260.63AN/A33.99N/A
IPL-TINTER PIPELINE LTD2.69-20.54-70.1458.59BBB-N/A93.5123.89
ITP-TINTERTAPE POLYMER GROUP INC2.643.470.44127.91BB-Ba348.6919.81
FTT-TFINNING INTERNATIONAL INC2.562.350.0088.27BBB+N/A57.0127.82
FCR-U-TFIRST CAPITAL REAL ESTATE IN2.43-3.56-16.5930.17BBB-Baa37017.9820.91
CTC-A-TCANADIAN TIRE CORP-CLASS A2.4016.026.32106.20BBBN/A9.5215.27
YRI-TYAMANA GOLD INC2.2911.40120.53-12.74BB+Baa326.0317.49
FFH-TFAIRFAX FINANCIAL HLDGS LTD2.24-2.74-2.9954.10BBB-Baa3151.6555.84
CAS-TCASCADES INC2.2214.8714.295.58BB-Ba215.506.82
CCA-TCOGECO COMMUNICATIONS INC2.2110.4610.3815.47BB+N/A29.9914.14
AEM-TAGNICO EAGLE MINES LTD2.2027.9072.43-2.23NRBaa244.7224.65
IFC-TINTACT FINANCIAL CORP2.028.886.7526.89N/ABaa146.1223.97
WN-TWESTON (GEORGE) LTD2.024.812.3812.33BBBN/A35.4718.50
L-TLOBLAW COMPANIES LTD1.965.393.171.51BBBN/A41.3320.24
MG-TMAGNA INTERNATIONAL INC1.8612.567.70122.48A-A361.6922.91
CNR-TCANADIAN NATL RAILWAY CO1.8612.266.9717.19AA2 *-45.9324.07
TRI-TTHOMSON REUTERS CORP1.800.974.4018.50BBBBaa265.8347.19
GSY-TGOEASY LTD1.8036.4545.65239.02BB-Ba317.5119.03
MRU-TMETRO INC/CN1.7913.5512.12-0.67BBBN/A27.7417.03
SAP-TSAPUTO INC1.785.372.9614.74N/ABaa146.2825.13
ABX-TBARRICK GOLD CORP1.7624.8561.86-26.32BBBBaa125.2518.85
K-TKINROSS GOLD CORP1.75N/AN/A-4.58BBB-Baa30.0011.10
OTEX-TOPEN TEXT CORP1.7513.345.2112.44BB+Ba180.7680.67
EFN-TELEMENT FLEET MANAGEMENT COR1.7434.4922.2248.55BBBN/A35.7920.25
TA-TTRANSALTA CORP1.49-21.546.1550.46BB+Ba1N/AN/A
PRMW-TPRIMO WATER CORP1.47-0.02-2.6046.68BB1N/A109.27
RBA-TRITCHIE BROS AUCTIONEERS1.416.588.9434.64BB+Ba254.1240.31
CCL-B-TCCL INDUSTRIES INC - CL B1.1918.208.7064.25BBBBaa224.2922.83
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.168.359.0821.17A-Baa1N/A82.13
ATD-B-TALIMENTATION COUCHE-TARD -B0.8420.7922.338.23BBBBaa212.4814.29
WFG-TWEST FRASER TIMBER CO LTD0.8423.360.00149.12BBB-Baa37.098.65
CP-TCANADIAN PACIFIC RAILWAY LTD0.8321.3210.8446.41BBB+N/A19.6025.87
TECK-B-TTECK RESOURCES LTD-CLS B0.760.000.00117.63BBB-Baa3N/A36.30
CVE-TCENOVUS ENERGY INC0.73-33.95-64.4489.52BBB-Baa3N/AN/A
WCN-TWASTE CONNECTIONS INC0.692.1912.5622.99BBB+Baa297.6651.36
MX-TMETHANEX CORP0.40-33.04-89.92108.05BBBa1N/AN/A
CCO-TCAMECO CORP0.39-27.520.0049.89BBB-N/AN/AN/A
DOL-TDOLLARAMA INC0.358.485.2832.49BBBN/A9.8532.15
SNC-TSNC-LAVALIN GROUP INC0.29-39.78-50.008.67BB+N/AN/AN/A
HBM-THUDBAY MINERALS INC0.220.000.00166.36BB2N/AN/A
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.14N/A279.4968.33B+B1N/AN/A
FM-TFIRST QUANTUM MINERALS LTD0.03-25.300.00241.73BN/AN/AN/A

Source: Bloomberg

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