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 Standard & Poor’s and Moody’s 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 is as of 10:15 a.m. ET on Friday.
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 ENB-T ENBRIDGE INC 6.71 9.52 3.09 40.14 BBB+ Baa1 219.40 20.42 KEY-T KEYERA CORP 6.59 4.65 0.00 42.88 BBB- N-A 682.71 22.13 PPL-T PEMBINA PIPELINE CORP 6.10 6.01 0.80 40.45 BBB N-A N-A 15.86 GEI-T GIBSON ENERGY INC 5.97 1.19 2.96 22.35 BBB- Ba2 163.77 27.60 TRP-T TC ENERGY CORP 5.82 9.08 7.55 14.43 BBB+ Baa2 68.32 13.18 BCE-T BCE INC 5.44 5.09 5.09 20.07 BBB+ Baa2 132.54 19.88 CPX-T CAPITAL POWER CORP 5.38 7.02 6.79 35.83 BBB- N-A 250.00 29.31 SU-T SUNCOR ENERGY INC 5.32 -6.25 -35.63 62.02 BBB+ Baa1 N-A 16.17 SPB-T SUPERIOR PLUS CORP 5.18 0.00 0.00 28.53 BB- N-A 168.31 N-A CU-T CANADIAN UTILITIES LTD-A 4.94 6.24 1.01 20.16 A- N-A 131.95 21.51 CHP-UN-T CHOICE PROPERTIES REIT 4.92 1.71 0.00 18.11 BBB N-A 116.18 N-A AQN-T ALGONQUIN POWER & UTILITIES 4.78 8.85 2.28 -6.94 BBB N-A 44.49 23.84 TCL-A-T TRANSCONTINENTAL INC-CL A 4.76 4.42 0.56 10.11 BBB- N-A 59.19 9.52 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.71 3.81 3.72 27.32 BBB N-A 216.91 36.83 GWO-T GREAT-WEST LIFECO INC 4.62 5.13 1.45 32.34 A+ N-A 55.23 7.51 CNQ-T CANADIAN NATURAL RESOURCES 4.59 14.81 11.21 92.20 BBB- Baa2 N-A 13.01 MFC-T MANULIFE FINANCIAL CORP 4.58 8.64 2.75 17.87 A N-A 38.05 7.08 IGM-T IGM FINANCIAL INC 4.52 0.00 0.00 53.94 A N-A 70.14 12.90 T-T TELUS CORP 4.51 6.87 7.71 24.13 BBB+ Baa1 125.93 27.73 EMA-T EMERA INC 4.49 5.24 4.04 12.64 BBB Baa3 64.93 20.29 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.48 -26.77 0.00 31.48 BB N-A 28.98 6.13 BNS-T BANK OF NOVA SCOTIA 4.38 4.56 0.00 36.94 A+ N-A 66.29 11.41 RUS-T RUSSEL METALS INC 4.36 0.00 0.00 78.07 BB Ba2 385.71 7.08 ACO-X-T ATCO LTD -CLASS I 4.24 10.06 4.08 17.28 A- N-A 79.02 47.56 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.20 -5.91 -27.78 39.78 BBB N-A N-A 14.81 POW-T POWER CORP OF CANADA 4.20 6.73 2.43 53.48 A+ N-A 58.13 9.01 ALA-T ALTAGAS LTD 4.03 -13.10 3.78 43.91 BBB- N-A 55.14 16.97 CM-T CAN IMPERIAL BK OF COMMERCE 3.99 4.22 0.34 39.91 A+ N-A 70.67 10.66 LB-T LAURENTIAN BANK OF CANADA 3.89 -7.48 -25.23 39.73 BBB N-A 90.17 9.00 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.87 2.48 3.11 15.75 N-A Baa2 41.02 15.35 FTS-T FORTIS INC 3.83 6.10 5.81 9.28 A- Baa3 75.68 21.23 QSR-T RESTAURANT BRANDS INTERN 3.73 28.37 -3.95 -4.95 BB N-A 129.25 19.22 INE-T INNERGEX RENEWABLE ENERGY 3.66 2.54 0.70 -12.74 NR N-A N-A N-A BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.52 4.89 -5.92 12.01 BBB+ N-A 410.70 22.86 H-T HYDRO ONE LTD 3.47 6.47 5.01 11.63 A- N-A 33.84 18.95 TD-T TORONTO-DOMINION BANK 3.45 7.91 1.61 39.26 AA- N-A 48.28 10.72 ITP-T INTERTAPE POLYMER GROUP INC 3.42 2.87 0.34 16.30 BB- Ba2 48.69 13.32 LUN-T LUNDIN MINING CORP 3.42 N-A 126.67 23.35 NR N-A 69.58 9.28 CAS-T CASCADES INC 3.40 17.61 12.50 0.30 BB- Ba2 15.50 37.77 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.40 0.82 0.00 1.83 BBB+ *- Baa1 *- 63.44 16.58 RY-T ROYAL BANK OF CANADA 3.30 5.92 0.70 30.59 AA- N-A 54.74 12.33 SJR-B-T SHAW COMMUNICATIONS INC-B 3.22 0.00 0.00 66.02 BBB- Baa2 *- 61.07 18.60 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.20 -0.47 -17.03 0.61 BBB+ N-A N-A N-A SLF-T SUN LIFE FINANCIAL INC 3.15 6.71 0.00 22.86 A+ WR (hyb) 53.54 11.23 BMO-T BANK OF MONTREAL 3.09 4.51 0.00 54.39 A+ N-A 56.14 11.83 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.99 15.36 3.30 10.84 BBB N-A 9.52 9.32 NPI-T NORTHLAND POWER INC 2.99 2.13 0.00 0.53 BBB N-A 62.34 137.36 GRT-UN-T GRANITE REAL ESTATE INVESTME 2.98 4.58 3.35 39.07 N-A (P)Baa2 38.32 127.71 CCA-T COGECO COMMUNICATIONS INC 2.83 9.86 7.56 8.03 BB+ N-A 30.22 11.66 NA-T NATIONAL BANK OF CANADA 2.72 5.43 0.00 53.17 A N-A 49.55 12.24 NTR-T NUTRIEN LTD 2.71 N-A -5.45 50.87 BBB Baa2 223.39 18.33 YRI-T YAMANA GOLD INC 2.70 28.02 81.68 -16.76 BB+ Baa3 26.03 16.85 IAG-T IA FINANCIAL CORP INC 2.70 10.54 7.22 28.57 A N-A 33.99 N-A IMO-T IMPERIAL OIL LTD 2.53 11.06 11.36 94.82 AA- N-A N-A 60.50 FTT-T FINNING INTERNATIONAL INC 2.53 2.85 2.44 48.42 BBB+ N-A 57.01 17.80 AEM-T AGNICO EAGLE MINES LTD 2.52 31.42 70.08 -18.84 NR Baa2 44.72 21.48 CIX-T CI FINANCIAL CORP 2.43 -11.81 0.00 77.80 BBB Baa2 32.63 11.98 SAP-T SAPUTO INC 2.40 4.90 2.92 -10.22 N-A Baa1 45.54 26.70 EFN-T ELEMENT FLEET MANAGEMENT COR 2.39 21.06 44.44 2.19 BBB N-A 35.79 17.46 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.32 -10.16 -41.47 25.25 BBB- Baa3 7017.98 14.29 IFC-T INTACT FINANCIAL CORP 2.19 7.90 2.15 14.62 N-A Baa1 46.12 14.68 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.18 -2.74 -2.99 35.67 BBB- Baa3 151.65 32.30 MG-T MAGNA INTERNATIONAL INC 1.98 11.08 0.42 40.70 A- A3 61.69 12.80 K-T KINROSS GOLD CORP 1.76 N-A 279.15 -11.07 BBB- Baa3 0.00 12.92 ABX-T BARRICK GOLD CORP 1.74 49.88 121.63 -15.10 BBB Baa1 25.25 18.18 OTEX-T OPEN TEXT CORP 1.68 12.78 10.50 21.14 BB+ Ba1 68.16 43.23 MRU-T METRO INC/CN 1.57 12.30 11.11 7.36 BBB N-A 29.91 19.28 CNR-T CANADIAN NATL RAILWAY CO 1.51 10.98 6.96 15.87 A A2 45.93 28.80 L-T LOBLAW COMPANIES LTD 1.48 6.08 8.73 56.28 BBB N-A 41.33 22.59 TA-T TRANSALTA CORP 1.47 -9.96 5.97 62.85 BB+ Ba1 N-A N-A GSY-T GOEASY LTD 1.38 38.61 46.39 119.40 BB- Ba3 17.51 13.38 RBA-T RITCHIE BROS AUCTIONEERS 1.36 5.69 4.48 10.84 BB+ *- Ba2 54.12 43.60 TRI-T THOMSON REUTERS CORP 1.31 0.39 -0.54 50.10 BBB Baa2 65.83 9.65 PRMW-T PRIMO WATER CORP 1.28 -0.86 -5.99 23.02 B B1 N-A 66.90 CCL-B-T CCL INDUSTRIES INC - CL B 1.27 16.65 14.08 14.54 BBB Baa2 24.29 19.81 AGI-T ALAMOS GOLD INC-CLASS A 1.19 35.47 59.90 -4.67 NR N-A 17.66 17.31 MX-T METHANEX CORP 1.15 -27.21 -72.30 10.67 BB Ba1 N-A 14.05 CVE-T CENOVUS ENERGY INC 0.91 -29.89 -58.00 154.67 BBB- Baa3 N-A 18.42 WFG-T WEST FRASER TIMBER CO LTD 0.91 26.30 12.50 55.18 BBB- Baa3 7.09 3.16 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.88 7.31 2.48 42.12 A- Baa1 N-A 180.98 CP-T CANADIAN PACIFIC RAILWAY LTD 0.80 17.45 10.47 9.00 BBB+ N-A 19.60 19.79 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.67 19.27 28.44 21.91 BBB Baa2 13.58 17.11 WCN-T WASTE CONNECTIONS INC 0.66 9.26 3.05 27.22 BBB+ Baa2 97.66 51.61 TECK-B-T TECK RESOURCES LTD-CLS B 0.61 14.87 0.00 70.74 BBB- Baa3 N-A 9.63 DOL-T DOLLARAMA INC 0.35 8.77 12.44 15.25 BBB N-A 9.85 30.00 CCO-T CAMECO CORP 0.24 -27.52 0.00 154.75 BBB- N-A N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.24 -40.13 0.00 48.06 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.23 0.00 0.00 17.79 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.11 N-A 32.36 51.67 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.04 -7.79 0.00 60.69 B N-A N-A 26.26
Source: Bloomberg
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Scott Barlow