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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 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 are helpful and credible, but recognize they are not sufficient grounds for actual market transactions on their own.

Investors should verify the data provided and investigate all cases where “N/As” 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 owing to differences in time frame used or method of calculation for after-tax income.

Data is as of 10 a.m. ET on Friday.

S&P/TSX dividend stocks, by indicated dividend yield

COMPANYTickerIndicated Div. Yld. (%)5Y Div. Grth. (%)1Y Div. Grth. (%)1Y Ttl. Rtn. (%)S&P LT Credit RatingMoody's LT Credit RatingPayout RatioP/E Ratio
ENBRIDGE INCENB-T6.999.523.0929.58BBB+Baa1219.4020.19
KEYERA CORPKEY-T6.784.540.0033.81BBB-N/A682.7121.51
PEMBINA PIPELINE CORPPPL-T6.615.840.0035.36BBBN/AN/A14.64
GIBSON ENERGY INCGEI-T6.281.182.9415.25BBB-Ba2163.7726.23
TC ENERGY CORPTRP-T5.929.027.4120.45BBB+Baa268.3212.96
CAPITAL POWER CORPCPX-T5.587.026.8018.31BBB-N/A250.0028.29
SUPERIOR PLUS CORPSPB-T5.550.000.0012.15BB-N/A168.31N/A
BCE INCBCE-T5.325.095.1127.80BBB+Baa2132.5420.32
SUNCOR ENERGY INCSU-T5.32-1.97-4.1153.52BBB+Baa1N/A16.19
CORUS ENTERTAINMENTCJR-B-T5.05-26.770.0015.88BBN/A28.985.43
IGM FINANCIAL INCIGM-T4.930.000.0039.20AN/A70.1411.83
CHOICE PROPERTIES REITCHP-UN-T4.891.410.0022.51BBBN/A116.18N/A
CT REITCRT-UN-T4.873.873.8115.23BBBN/A216.9135.51
CANADIAN UTILITIES LTDCU-T4.796.241.0124.20A-N/A131.9522.15
ALGONQUIN POWER & UTILITIESAQN-T4.768.963.00-8.48BBBN/A44.4924.47
GREAT-WEST LIFECO INCGWO-T4.645.442.9730.76A+N/A55.237.47
MANULIFE FINANCIAL CORPMFC-T4.629.604.4612.14AN/A38.057.00
RUSSEL METALS INCRUS-T4.560.000.0053.76BB+Ba2385.716.76
BANK OF NOVA SCOTIABNS-T4.444.852.7838.83A+N/A46.5411.46
TRANSCONTINENTAL INCTCL-A-T4.433.990.563.37BBB-N/A59.9513.86
CANADIAN NATURAL RESOURCESCNQ-T4.4116.2717.5082.25BBB-Baa2N/A13.55
TELUS CORPT-T4.406.687.2623.44BBB+Baa1125.9328.39
LAURENTIAN BANK OF CANADALB-T4.38-7.26-12.3034.09BBBN/A154.918.52
CAN IMPERIAL BK OF COMMERCECM-T4.384.362.5741.23A+N/A41.8110.09
POWER CORP OF CANADAPOW-T4.286.902.6550.06A+N/A58.138.84
ATCO LTDACO-X-T4.239.483.0121.44A-N/A79.0247.64
EMERA INCEMA-T4.195.244.0422.51BBBBaa364.9321.75
RIOCAN REITREI-UN-T4.18-7.40-33.3343.40BBBN/AN/A14.86
BANK OF MONTREALBMO-T3.914.510.0045.93A+N/A36.5610.85
ALTAGAS LTDALA-T3.90-13.213.7751.54BBB-N/A55.1418.60
INNERGEX RENEWABLE ENERGYINE-T3.892.380.00-29.90NRN/AN/AN/A
ALLIED PROPERTIES REITAP-UN-T3.872.513.0520.97N/ABaa241.0215.37
TORONTO-DOMINION BANKTD-T3.677.911.6140.14AA-N/A40.8612.44
LUNDIN MINING CORPLUN-T3.66N/A143.75-9.76NRN/A69.588.63
NATIONAL BANK OF CANADANA-T3.616.405.6339.04AN/A31.3610.72
RESTAURANT BRANDS INT'LQSR-T3.5826.88-3.481.97BBN/A129.2520.52
ROYAL BANK OF CANADARY-T3.575.920.7033.18AA-N/A39.0212.14
FORTIS INCFTS-T3.506.105.8121.91A-Baa375.6823.22
BROOKFIELD RENEWABLE BEP-UN-T3.47-0.70-12.50-16.18BBB+N/AN/AN/A
CASCADES INCCAS-T3.4520.1125.00-1.74BB-Ba215.5037.21
BROOKFIELD INFRASTRUCTUREBIP-UN-T3.404.52-3.7726.22BBB+N/A410.7023.91
ROGERS COMMUNICATIONSRCI-B-T3.330.820.004.80BBB+Baa163.4416.91
INTERTAPE POLYMER GROUPITP-T3.313.151.7211.83BB-Ba248.6913.89
HYDRO ONE LTDH-T3.251.655.0118.53A-N/A33.8420.25
NORTHLAND POWER INCNPI-T3.172.130.00-14.82BBBN/A62.34129.29
SUN LIFE FINANCIAL INCSLF-T3.137.355.0028.57A+WR (hyb)53.5411.29
SHAW COMMUNICATIONS INCSJR-B-T3.090.000.0078.08BBB-Baa261.0719.35
GRANITE REITGRT-UN-T2.954.383.3139.64N/A(P)Baa238.32133.37
CANADIAN TIRE CORPCTC-A-T2.8515.363.3011.65BBBN/A9.529.76
YAMANA GOLD INCYRI-T2.8540.2048.02-23.82BB+Baa326.0316.15
FINNING INTERNATIONAL INCFTT-T2.843.334.8820.29BBB+N/A57.0115.83
COGECO COMMUNICATIONSCCA-T2.8110.4110.294.93BB+N/A30.2211.75
CI FINANCIAL CORPCIX-T2.72-11.940.0073.07BBBBaa232.6310.71
IA FINANCIAL CORP INCIAG-T2.6910.547.2234.57AN/A33.99N/A
AGNICO EAGLE MINES LTDAEM-T2.6829.7739.36-23.31NRBaa244.7220.51
SAPUTO INCSAP-T2.524.492.90-18.16N/ABaa145.5425.40
NUTRIEN LTDNTR-T2.48N/A-4.3859.52BBBBaa2223.3920.27
ELEMENT FLEET MGTEFN-T2.4122.2036.25-1.91BBBN/A35.7917.32
IMPERIAL OIL LTDIMO-T2.4111.7917.0591.15AA-N/AN/A63.71
FIRST CAPITAL REITFCR-UN-T2.30-12.86-49.7742.17BBB-Baa37017.9814.41
INTACT FINANCIAL CORPIFC-T2.227.942.4111.10N/ABaa146.1214.50
MAGNA INTERNATIONAL INCMG-T2.1210.330.4215.78A-A361.6911.93
KINROSS GOLD CORPK-T2.08N/A90.58-19.51BBB-Baa30.0011.08
FAIRFAX FINANCIAL HLDGS LTDFFH-T2.03-2.74-2.9947.26BBB-Baa3151.6534.54
BARRICK GOLD CORPABX-T1.9155.94137.59-13.70BBBBaa125.2516.78
OPEN TEXT CORPOTEX-T1.8712.4910.036.63BB+Ba168.1639.39
RITCHIE BROS AUCTIONEERSRBA-T1.645.865.31-11.07BB+Ba254.1236.35
CANADIAN NATL RAILWAY COCNR-T1.5910.406.9612.36AA245.9327.36
METRO INCMRU-T1.4912.3011.1120.56BBBN/A29.9120.38
GOEASY LTDGSY-T1.4639.4846.6790.22BB-Ba317.5112.61
TRANSALTA CORPTA-T1.442.958.8246.11BB+Ba1N/AN/A
LOBLAW COMPANIES LTDL-T1.416.339.3867.57BBBN/A41.3323.70
PRIMO WATER CORPPRMW-T1.37-1.07-6.3513.29BB1N/A62.87
THOMSON REUTERS CORPTRI-T1.350.39-0.5447.20BBBBaa265.839.34
ALAMOS GOLD INCAGI-T1.3136.8944.33-11.30NRN/A17.6615.78
METHANEX CORPMX-T1.27-22.26-37.04-13.17BBBa1N/A12.90
CCL INDUSTRIES INCCCL-B-T1.2416.0016.6719.02BBBBaa224.2920.30
CENOVUS ENERGY INCCVE-T0.90-15.24-30.00102.64BBB-Baa3N/A18.76
ALIMENT COUCHE-TARDATD-B-T0.8918.9825.21N/ABBBBaa213.5816.24
BROOKFIELD ASSET MGTBAM-A-T0.877.191.8047.64A-Baa1N/A184.96
WEST FRASER TIMBER COWFG-T0.8527.8419.5148.41BBB-Baa37.093.44
CANADIAN PACIFIC RAILWAYCP-T0.8415.486.743.53BBB+N/A19.6018.81
WASTE CONNECTIONS INCWCN-T0.669.263.0533.27BBB+Baa297.6650.80
TECK RESOURCES LTDTECK-B-T0.5614.870.0056.95BBB-Baa3N/A10.56
DOLLARAMA INCDOL-T0.328.7712.4422.82BBBN/A9.8531.65
CAMECO CORPCCO-T0.29-27.520.0061.40BBB-N/AN/AN/A
SNC-LAVALIN GROUP INCSNC-T0.26-40.130.0042.65BB+N/AN/AN/A
HUDBAY MINERALS INCHBM-T0.220.000.002.95BB2N/AN/A
GFL ENVIRONMENTALGFL-T0.11N/A32.3628.51B+B1N/AN/A
FIRST QUANTUM MINERALSFM-T0.03-7.790.0031.95BN/AN/A29.24

Source: Bloomberg. Data as of Dec. 31, 10 a.m. ET

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