The table below ranks all S&P/TSX companies by indicated dividend yield as reported by Bloomberg. 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 S&P long-term credit ratings. Index stocks where no credit rating is available are excluded from the table. 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 is of 10:30 a.m. ET on Monday.
Company Ind Dividend Yield Ave Ann 5Y Div Growth rate 1Y Div Growth rate Total Return 12M S&P LT Credit Rating Payout Ratio % PE Ratio TTM MIC-T GENWORTH MI CANADA INC 28.96 40.35 430.61 -5.74 BBB+ 126.89 6.24 FEC-T FRONTERA ENERGY CORP 20.65 N/A 173.74 -61.75 B+ 36.16 0.80 BPY-UN-T BROOKFIELD PROPERTY PARTNERS 14.90 8.88 6.06 -54.71 BBB 74.87 14.84 HSE-T HUSKY ENERGY INC 14.53 -15.70 11.11 -74.13 BBB N/A N/A KEY-T KEYERA CORP 10.88 7.69 6.78 -39.79 BBB- 89.46 7.05 RUS-T RUSSEL METALS INC 10.80 0.40 0.00 -36.35 BB 123.37 11.53 MX-T METHANEX CORP 10.51 10.78 11.03 -73.00 BB 122.91 14.81 REI-UN-T RIOCAN REAL ESTATE INVST TR 9.33 0.42 0.00 -36.91 BBB 57.29 5.81 LB-T LAURENTIAN BANK OF CANADA 9.02 4.64 3.10 -24.60 BBB 69.32 7.41 PPL-T PEMBINA PIPELINE CORP 8.99 7.00 7.02 -39.69 BBB 89.13 7.92 CNQ-T CANADIAN NATURAL RESOURCES 8.90 11.36 12.32 -49.51 BBB 34.08 5.51 POW-T POWER CORP OF CANADA 8.73 7.46 8.80 -27.93 A+ 79.05 6.66 SU-T SUNCOR ENERGY INC 8.69 10.02 15.00 -49.57 BBB+ 90.35 6.60 CJR-B-T CORUS ENTERTAINMENT INC-B SH 8.39 -26.28 0.00 -61.19 BB 32.60 3.04 IGM-T IGM FINANCIAL INC 8.22 0.45 0.00 -20.48 A 72.05 8.58 GWO-T GREAT-WEST LIFECO INC 8.13 6.08 6.14 -32.59 A+ 66.25 42.36 ENB-T ENBRIDGE INC 7.93 14.82 9.92 -13.69 BBB+ 111.80 15.53 TCL-A-T TRANSCONTINENTAL INC-CL A 7.93 6.37 4.12 -24.57 BBB- 46.25 7.07 SPB-T SUPERIOR PLUS CORP 7.52 2.07 0.00 -14.03 BB 88.29 11.13 CM-T CAN IMPERIAL BK OF COMMERCE 7.34 7.01 5.32 -24.96 A+ 49.91 6.53 EXE-T EXTENDICARE INC 7.21 0.00 0.00 -12.33 NR 250.26 38.05 CPX-T CAPITAL POWER CORP 7.08 7.17 7.24 -10.13 BBB- 250.00 6.95 MFC-T MANULIFE FINANCIAL CORP 6.88 11.60 9.57 -30.75 A 36.19 5.87 ITP-T INTERTAPE POLYMER GROUP INC 6.83 9.07 6.72 -29.73 BB- 82.47 9.05 BNS-T BANK OF NOVA SCOTIA 6.70 6.22 5.31 -22.85 A+ 51.90 7.62 ALA-T ALTAGAS LTD 6.50 -11.52 -42.77 -12.22 BBB- 34.93 N/A BMO-T BANK OF MONTREAL 6.21 5.72 7.01 -32.71 A+ 46.76 7.33 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 6.18 0.12 0.00 -32.38 BBB- 36.86 9.30 CRT-UN-T CT REAL ESTATE INVESTMENT TR 6.17 3.24 4.00 -5.24 BBB 123.28 29.26 CHP-UN-T CHOICE PROPERTIES REIT 5.90 2.63 0.00 -3.99 BBB N/A 10.96 BCE-T BCE INC 5.89 5.11 4.99 -1.05 BBB+ 93.93 15.95 TD-T TORONTO-DOMINION BANK 5.74 9.41 9.45 -23.85 AA- 46.09 8.19 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 5.40 12.81 9.33 9.63 BBB+ 1103.95 1784.87 NA-T NATIONAL BANK OF CANADA 5.37 7.24 9.45 -13.05 A 41.68 8.06 NTR-T NUTRIEN LTD 5.20 N/A 7.67 -29.56 BBB 103.31 17.90 RY-T ROYAL BANK OF CANADA 5.17 7.10 7.14 -17.68 AA- 46.38 9.28 T-T TELUS CORP 5.16 7.98 7.01 -4.35 BBB+ 77.78 15.73 CIX-T CI FINANCIAL CORP 5.11 -10.01 0.00 -24.30 BBB 31.71 6.07 CU-T CANADIAN UTILITIES LTD-A 5.11 9.19 6.30 -3.65 A- 52.15 12.84 SJR-B-T SHAW COMMUNICATIONS INC-B 5.11 1.24 0.00 -9.46 BBB- 83.87 16.89 TRP-T TC ENERGY CORP 5.06 9.32 8.51 4.29 BBB+ 70.27 14.74 FTT-T FINNING INTERNATIONAL INC 4.95 2.92 2.50 -28.41 BBB+ *- 55.38 10.14 SLF-T SUN LIFE FINANCIAL INC 4.90 8.35 10.26 -15.39 A+ 47.21 10.31 IMO-T IMPERIAL OIL LTD 4.86 11.10 15.79 -52.59 AA 29.36 6.44 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.72 16.71 13.71 -33.12 BBB 33.74 7.85 IAG-T IA FINANCIAL CORP INC 4.66 11.18 12.92 -18.26 A 27.37 6.87 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.63 9.22 7.53 56.20 BBB+ N/A N/A IPL-T INTER PIPELINE LTD 4.63 3.10 -5.16 -49.00 BBB- 131.06 8.06 ACO-X-T ATCO LTD -CLASS I 4.52 13.07 7.49 -12.96 A- 36.19 6.43 EMA-T EMERA INC 4.44 9.86 4.12 14.16 BBB 85.22 21.64 QSR-T RESTAURANT BRANDS INTERN 4.30 88.96 11.28 -22.39 BB 83.36 16.02 MG-T MAGNA INTERNATIONAL INC 4.30 17.09 12.29 -30.31 A- *- 25.44 5.94 PKI-T PARKLAND FUEL CORP 4.21 2.41 1.73 -27.61 BB 42.75 7.66 OSB-T NORBORD INC 4.21 -10.16 -80.33 -41.14 BB N/A N/A AQN-T ALGONQUIN POWER & UTILITIES 4.13 13.87 10.46 31.90 BBB 53.18 22.71 NPI-T NORTHLAND POWER INC 4.05 2.13 0.00 29.76 BBB 70.02 20.77 INE-T INNERGEX RENEWABLE ENERGY 3.91 3.11 2.92 35.38 BBB- N/A N/A H-T HYDRO ONE LTD 3.77 N/A 5.00 22.67 A- 73.26 16.69 FTS-T FORTIS INC 3.54 7.37 6.00 12.70 A- 49.61 21.21 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.46 1.54 3.09 -12.13 BBB+ 50.02 14.19 FFH-T FAIRFAX FINANCIAL HLDGS LTD 3.25 1.71 -1.93 -35.14 BBB- 13.74 11.29 WFT-T WEST FRASER TIMBER CO LTD 2.63 23.36 6.67 -54.69 BBB- N/A N/A PRMW-T PRIMO WATER CORP 2.38 3.23 2.10 -32.71 B N/A 50.50 CCA-T COGECO COMMUNICATIONS INC 2.34 10.90 10.49 14.37 BB+ 30.49 13.20 CAS-T CASCADES INC 2.31 11.84 75.00 81.14 BB- 32.69 15.90 TA-T TRANSALTA CORP 2.11 -25.75 1.56 -9.51 BB+ 65.31 N/A TRI-T THOMSON REUTERS CORP 2.05 3.21 -77.07 24.17 BBB 48.58 91.95 CNR-T CANADIAN NATL RAILWAY CO 2.03 15.54 14.98 -9.45 A 36.62 19.81 WN-T WESTON (GEORGE) LTD 2.03 4.56 4.48 5.77 BBB 162.12 16.84 TECK-B-T TECK RESOURCES LTD-CLS B 2.01 -25.98 -33.33 -68.33 BBB- N/A 5.30 EFN-T ELEMENT FLEET MANAGEMENT COR 1.91 N/A -25.00 14.88 BBB 146.09 35.09 OTEX-T OPEN TEXT CORP 1.79 18.77 17.32 2.55 BB+ 59.31 29.76 RBA-T RITCHIE BROS AUCTIONEERS 1.74 10.49 11.41 33.70 BB+ 55.38 31.90 CCL-B-T CCL INDUSTRIES INC - CL B 1.73 23.01 23.21 -25.20 BBB 25.37 15.14 L-T LOBLAW COMPANIES LTD 1.69 5.15 6.78 16.57 BBB 42.38 23.55 MRU-T METRO INC/CN 1.50 14.64 11.49 25.40 BBB 27.94 20.78 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.42 12.33 10.63 6.14 A- 27.02 13.22 YRI-T YAMANA GOLD INC 1.09 -15.41 89.56 116.07 BB+ 10.51 51.05 CP-T CANADIAN PACIFIC RAILWAY LTD 1.02 18.85 27.69 10.29 BBB+ 17.79 18.03 ABX-T BARRICK GOLD CORP 1.01 3.29 25.51 114.65 BBB 8.86 111.53 WCN-T WASTE CONNECTIONS INC 0.85 1.03 17.14 -0.53 BBB+ 30.95 36.98 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.69 24.09 21.18 2.96 BBB 13.85 16.14 HBM-T HUDBAY MINERALS INC 0.60 0.00 0.00 -63.16 B N/A 4.63
Source: Bloomberg
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Scott Barlow