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 11:30 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 6.76 9.52 3.09 27.63 BBB+ Baa1 219.40 20.88 KEY-T KEYERA CORP 6.72 4.54 0.00 26.38 BBB- N-A 682.71 21.71 PPL-T PEMBINA PIPELINE CORP 6.42 5.84 0.00 22.59 BBB N-A N-A 15.08 GEI-T GIBSON ENERGY INC 6.07 1.18 2.94 16.03 BBB- Ba2 163.77 27.11 TRP-T TC ENERGY CORP 5.67 9.02 7.41 19.73 BBB+ Baa2 68.32 13.52 CPX-T CAPITAL POWER CORP 5.60 7.02 6.80 15.20 BBB- N-A 250.00 28.17 SPB-T SUPERIOR PLUS CORP 5.56 0.00 0.00 7.39 BB- N-A 168.31 N-A BCE-T BCE INC 5.33 5.09 5.11 25.89 BBB+ Baa2 132.54 20.29 CJR-B-T CORUS ENTERTAINMENT INC-B SH 5.07 -26.77 0.00 11.99 BB N-A 28.98 5.41 SU-T SUNCOR ENERGY INC 5.03 -1.97 -4.11 45.73 BBB+ Baa1 N-A 17.12 CHP-UN-T CHOICE PROPERTIES REIT 5.03 1.41 0.00 19.02 BBB N-A 116.18 N-A CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.98 3.87 3.81 12.45 BBB N-A 216.91 34.79 CU-T CANADIAN UTILITIES LTD-A 4.95 6.24 1.01 19.37 A- N-A 131.95 21.48 AQN-T ALGONQUIN POWER & UTILITIES 4.87 8.96 3.00 -12.12 BBB N-A 44.49 23.96 IGM-T IGM FINANCIAL INC 4.80 0.00 0.00 39.16 A N-A 70.14 12.17 RUS-T RUSSEL METALS INC 4.62 0.00 0.00 47.73 BB+ Ba2 385.71 6.68 GWO-T GREAT-WEST LIFECO INC 4.59 5.44 2.97 30.79 A+ N-A 55.23 7.56 TCL-A-T TRANSCONTINENTAL INC-CL A 4.58 3.99 0.00 -3.74 BBB- N-A 59.95 13.40 T-T TELUS CORP 4.43 6.68 7.26 17.40 BBB+ Baa1 125.93 28.18 MFC-T MANULIFE FINANCIAL CORP 4.40 9.60 4.46 11.35 A N-A 38.05 7.36 BNS-T BANK OF NOVA SCOTIA 4.39 4.85 2.78 38.28 A+ N-A 46.54 11.60 ACO-X-T ATCO LTD -CLASS I 4.38 9.48 3.01 16.22 A- N-A 79.02 45.98 EMA-T EMERA INC 4.35 5.24 4.04 22.91 BBB Baa3 64.93 20.93 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.26 -7.40 -33.33 37.90 BBB N-A N-A 14.59 POW-T POWER CORP OF CANADA 4.24 6.90 2.65 48.10 A+ N-A 58.13 8.91 LB-T LAURENTIAN BANK OF CANADA 4.16 -7.26 -12.30 34.68 BBB N-A 154.91 8.96 CM-T CAN IMPERIAL BK OF COMMERCE 4.15 4.36 2.57 44.94 A+ N-A 41.81 10.64 INE-T INNERGEX RENEWABLE ENERGY 4.12 2.38 0.00 -42.38 NR N-A N-A N-A ALA-T ALTAGAS LTD 4.03 -13.21 3.77 44.42 BBB- N-A 55.14 17.99 CNQ-T CANADIAN NATURAL RESOURCES 4.03 16.27 17.50 77.33 BBB- Baa2 N-A 14.84 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.80 2.51 3.05 22.06 N-A Baa2 41.02 15.64 BMO-T BANK OF MONTREAL 3.75 4.51 0.00 48.47 A+ N-A 36.56 11.32 QSR-T RESTAURANT BRANDS INTERN 3.71 26.88 -3.48 -5.08 BB N-A 129.25 19.81 FTS-T FORTIS INC 3.66 6.10 5.81 18.99 A- Baa3 75.68 22.25 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.63 -0.70 -12.50 -28.53 BBB+ N-A N-A N-A TD-T TORONTO-DOMINION BANK 3.57 8.18 3.16 39.69 AA- N-A 40.86 12.80 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.53 4.52 -3.77 22.86 BBB+ N-A 410.70 23.06 NA-T NATIONAL BANK OF CANADA 3.53 6.40 5.63 40.40 A N-A 31.36 10.97 CAS-T CASCADES INC 3.42 20.11 25.00 -2.30 BB- Ba2 15.50 37.55 RY-T ROYAL BANK OF CANADA 3.40 5.92 0.70 35.29 AA- N-A 39.02 12.74 NPI-T NORTHLAND POWER INC 3.36 2.13 0.00 -23.68 BBB N-A 62.34 122.18 ITP-T INTERTAPE POLYMER GROUP INC 3.34 3.15 1.72 7.99 BB- Ba2 48.69 13.80 H-T HYDRO ONE LTD 3.33 1.65 5.01 13.51 A- N-A 33.84 19.75 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.27 0.82 0.00 4.79 BBB+ *- Baa1 *- 63.44 17.23 YRI-T YAMANA GOLD INC 3.13 40.20 48.02 -32.60 BB+ Baa3 26.03 14.71 SJR-B-T SHAW COMMUNICATIONS INC-B 3.12 0.00 0.00 75.08 BBB- Baa2 *- 61.07 19.20 SLF-T SUN LIFE FINANCIAL INC 3.11 7.35 5.00 20.93 A+ WR (hyb) 53.54 11.39 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.08 4.38 3.31 34.47 N-A (P)Baa2 38.32 127.80 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.90 15.36 3.30 5.74 BBB N-A 9.52 9.62 AEM-T AGNICO EAGLE MINES LTD 2.85 29.77 39.36 -33.28 NR Baa2 44.72 19.30 CCA-T COGECO COMMUNICATIONS INC 2.81 10.41 10.29 4.86 BB+ N-A 30.22 11.76 FTT-T FINNING INTERNATIONAL INC 2.81 3.33 4.88 11.51 BBB+ N-A 57.01 16.01 CIX-T CI FINANCIAL CORP 2.73 -11.94 0.00 65.16 BBB Baa2 32.63 10.68 NTR-T NUTRIEN LTD 2.68 N-A -4.38 37.81 BBB Baa2 223.39 18.77 IAG-T IA FINANCIAL CORP INC 2.53 10.54 7.22 38.62 A N-A 33.99 N-A SAP-T SAPUTO INC 2.47 4.49 2.90 -18.08 N-A Baa1 45.54 25.93 EFN-T ELEMENT FLEET MANAGEMENT COR 2.36 22.20 36.25 1.28 BBB N-A 35.79 17.71 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.35 -12.86 -49.77 31.83 BBB- Baa3 7017.98 14.08 IMO-T IMPERIAL OIL LTD 2.25 11.79 17.05 77.04 AA- N-A N-A 68.16 K-T KINROSS GOLD CORP 2.25 N-A 90.58 -29.80 BBB- Baa3 0.00 10.31 IFC-T INTACT FINANCIAL CORP 2.20 7.94 2.41 16.48 N-A Baa1 46.12 14.61 MG-T MAGNA INTERNATIONAL INC 2.02 10.33 0.42 16.04 A- A3 61.69 12.56 ABX-T BARRICK GOLD CORP 2.01 55.94 137.59 -24.32 BBB Baa1 25.25 15.97 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.01 -2.74 -2.99 41.59 BBB- Baa3 151.65 35.19 OTEX-T OPEN TEXT CORP 1.96 12.49 10.03 3.87 BB+ Ba1 68.16 37.69 RBA-T RITCHIE BROS AUCTIONEERS 1.70 5.86 5.31 -12.72 BB+ *- Ba2 54.12 35.16 GSY-T GOEASY LTD 1.59 39.48 46.67 69.44 BB- Ba3 17.51 11.59 CNR-T CANADIAN NATL RAILWAY CO 1.59 10.40 6.96 9.41 A A2 45.93 27.42 MRU-T METRO INC/CN 1.49 12.30 11.11 20.16 BBB N-A 29.91 20.34 TA-T TRANSALTA CORP 1.46 2.95 8.82 33.03 BB+ Ba1 N-A N-A AGI-T ALAMOS GOLD INC-CLASS A 1.44 36.89 44.33 -24.86 NR N-A 17.66 14.44 TRI-T THOMSON REUTERS CORP 1.43 0.39 -0.54 41.47 BBB Baa2 65.83 8.83 L-T LOBLAW COMPANIES LTD 1.42 6.33 9.38 62.05 BBB N-A 41.33 23.47 PRMW-T PRIMO WATER CORP 1.41 -1.07 -6.35 9.49 B B1 N-A 61.20 CCL-B-T CCL INDUSTRIES INC - CL B 1.29 16.00 16.67 7.27 BBB Baa2 24.29 19.39 MX-T METHANEX CORP 1.18 -22.26 -37.04 -10.24 BB Ba1 N-A 13.90 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.92 7.19 1.80 48.89 A- Baa1 N-A 175.47 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 18.98 25.21 N-A BBB Baa2 13.58 16.27 WFG-T WEST FRASER TIMBER CO LTD 0.88 27.84 19.51 43.56 BBB- Baa3 7.09 3.32 CVE-T CENOVUS ENERGY INC 0.82 -15.24 -30.00 99.65 BBB- Baa3 N-A 20.54 CP-T CANADIAN PACIFIC RAILWAY LTD 0.80 15.48 6.74 1.43 BBB+ N-A 19.60 19.60 WCN-T WASTE CONNECTIONS INC 0.69 9.26 3.05 26.24 BBB+ Baa2 97.66 48.73 TECK-B-T TECK RESOURCES LTD-CLS B 0.53 14.87 0.00 50.60 BBB- Baa3 N-A 11.04 DOL-T DOLLARAMA INC 0.33 8.58 12.40 16.60 BBB N-A 9.85 30.69 CCO-T CAMECO CORP 0.28 -27.52 0.00 53.26 BBB- N-A N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.26 -40.13 0.00 38.75 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.22 0.00 0.00 -6.02 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.13 N-A 32.36 18.02 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 -7.79 0.00 12.93 B N-A N-A 28.78
Source: Bloomberg
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Scott Barlow