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 KEY-T KEYERA CORP 6.72 4.54 0.00 18.82 BBB- N-A 682.71 21.69 ENB-T ENBRIDGE INC 6.62 9.52 3.09 23.75 BBB+ Baa1 219.40 21.32 PPL-T PEMBINA PIPELINE CORP 6.29 5.84 0.00 21.36 BBB N-A N-A 15.39 GEI-T GIBSON ENERGY INC 5.96 1.18 2.94 12.99 BBB- Ba2 163.77 27.64 SPB-T SUPERIOR PLUS CORP 5.76 0.00 0.00 0.04 BB- N-A 168.31 N-A CPX-T CAPITAL POWER CORP 5.68 7.02 6.80 12.31 BBB- N-A 250.00 27.79 TRP-T TC ENERGY CORP 5.60 9.02 7.41 17.55 BBB+ Baa2 68.32 13.68 BCE-T BCE INC 5.27 5.09 5.11 27.92 BBB+ Baa2 132.54 20.53 CHP-UN-T CHOICE PROPERTIES REIT 5.03 1.41 0.00 22.11 BBB N-A 116.18 N-A AQN-T ALGONQUIN POWER & UTILITIES 5.00 8.96 3.00 -14.27 BBB N-A 44.49 23.53 CU-T CANADIAN UTILITIES LTD-A 5.00 6.24 1.01 18.85 A- N-A 131.95 21.47 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.99 3.87 3.81 15.40 BBB N-A 216.91 34.75 SU-T SUNCOR ENERGY INC 4.78 -1.97 -4.11 48.54 BBB+ Baa1 N-A 18.00 IGM-T IGM FINANCIAL INC 4.71 0.00 0.00 41.91 A N-A 70.14 12.39 RUS-T RUSSEL METALS INC 4.53 0.00 0.00 48.45 BB+ Ba2 385.71 6.82 GWO-T GREAT-WEST LIFECO INC 4.51 5.44 2.97 33.09 A+ N-A 55.23 7.70 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.50 -26.77 0.00 13.12 BB N-A 28.98 6.23 ACO-X-T ATCO LTD -CLASS I 4.49 9.48 3.01 14.11 A- N-A 79.02 46.19 TCL-A-T TRANSCONTINENTAL INC-CL A 4.48 3.99 0.00 -2.94 BBB- N-A 59.95 13.71 EMA-T EMERA INC 4.39 5.24 4.04 20.04 BBB Baa3 64.93 20.72 T-T TELUS CORP 4.39 6.68 7.26 19.17 BBB+ Baa1 125.93 28.49 BNS-T BANK OF NOVA SCOTIA 4.34 4.85 2.78 37.73 A+ N-A 46.54 11.72 MFC-T MANULIFE FINANCIAL CORP 4.33 9.60 4.46 10.42 A N-A 38.05 7.48 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.24 -7.40 -33.33 34.40 BBB N-A N-A 14.66 INE-T INNERGEX RENEWABLE ENERGY 4.20 2.38 0.00 -41.01 NR N-A N-A N-A POW-T POWER CORP OF CANADA 4.18 6.90 2.65 45.42 A+ N-A 58.13 9.04 LB-T LAURENTIAN BANK OF CANADA 4.03 -7.26 -12.30 42.65 BBB N-A 154.91 9.25 ALA-T ALTAGAS LTD 3.94 -13.21 3.77 42.88 BBB- N-A 55.14 18.41 CM-T CAN IMPERIAL BK OF COMMERCE 3.92 4.36 2.57 50.63 A+ N-A 41.81 11.27 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.88 2.51 3.05 19.33 N-A Baa2 41.02 15.31 QSR-T RESTAURANT BRANDS INTERN 3.86 26.88 -3.48 -9.50 BB N-A 129.25 19.19 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.74 -0.70 -12.50 -25.71 BBB+ N-A N-A N-A CNQ-T CANADIAN NATURAL RESOURCES 3.64 16.27 17.50 104.67 BBB- Baa2 N-A 16.42 FTS-T FORTIS INC 3.64 6.10 5.81 18.04 A- Baa3 75.68 22.38 BMO-T BANK OF MONTREAL 3.59 4.51 0.00 54.35 A+ N-A 36.56 11.80 CAS-T CASCADES INC 3.55 20.11 25.00 -4.56 BB- Ba2 15.50 36.16 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.50 4.52 -3.77 16.84 BBB+ N-A 410.70 23.50 TD-T TORONTO-DOMINION BANK 3.48 8.18 3.16 40.24 AA- N-A 40.86 13.11 NA-T NATIONAL BANK OF CANADA 3.46 6.40 5.63 42.05 A N-A 31.36 11.19 ITP-T INTERTAPE POLYMER GROUP INC 3.44 3.15 1.72 6.55 BB- Ba2 48.69 13.51 NPI-T NORTHLAND POWER INC 3.40 2.13 0.00 -22.79 BBB N-A 62.34 120.57 H-T HYDRO ONE LTD 3.37 1.65 5.01 11.69 A- N-A 33.84 19.53 RY-T ROYAL BANK OF CANADA 3.29 5.92 0.70 39.83 AA- N-A 39.02 13.18 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.23 0.82 0.00 6.13 BBB+ *- Baa1 *- 63.44 17.44 SJR-B-T SHAW COMMUNICATIONS INC-B 3.15 0.00 0.00 74.37 BBB- Baa2 *- 61.07 18.42 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.14 4.38 3.31 35.58 N-A (P)Baa2 38.32 125.40 SLF-T SUN LIFE FINANCIAL INC 3.06 7.35 5.00 25.09 A+ WR (hyb) 53.54 11.57 YRI-T YAMANA GOLD INC 2.94 40.20 48.02 -20.07 BB+ Baa3 26.03 15.80 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.83 15.36 3.30 4.16 BBB N-A 9.52 9.85 CIX-T CI FINANCIAL CORP 2.80 -11.94 0.00 60.87 BBB Baa2 32.63 10.39 AEM-T AGNICO EAGLE MINES LTD 2.80 29.77 39.36 -25.77 NR Baa2 44.72 19.79 CCA-T COGECO COMMUNICATIONS INC 2.78 10.41 10.29 8.13 BB+ N-A 30.22 11.45 FTT-T FINNING INTERNATIONAL INC 2.64 3.33 4.88 17.27 BBB+ N-A 57.01 17.02 NTR-T NUTRIEN LTD 2.64 N-A -4.38 34.50 BBB Baa2 223.39 19.24 SAP-T SAPUTO INC 2.53 4.49 2.90 -18.33 N-A Baa1 45.54 25.28 IAG-T IA FINANCIAL CORP INC 2.47 10.54 7.22 38.25 A N-A 33.99 N-A EFN-T ELEMENT FLEET MANAGEMENT COR 2.36 22.20 36.25 5.68 BBB N-A 35.79 17.69 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.33 -12.86 -49.77 31.72 BBB- Baa3 7017.98 14.22 IFC-T INTACT FINANCIAL CORP 2.25 7.94 2.41 15.72 N-A Baa1 46.12 14.32 K-T KINROSS GOLD CORP 2.21 N-A 90.58 -22.09 BBB- Baa3 0.00 10.56 IMO-T IMPERIAL OIL LTD 2.14 11.79 17.05 86.01 AA- N-A N-A 71.54 ABX-T BARRICK GOLD CORP 1.97 55.94 137.59 -18.97 BBB Baa1 25.25 16.42 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.97 -2.74 -2.99 36.55 BBB- Baa3 151.65 35.66 MG-T MAGNA INTERNATIONAL INC 1.96 10.33 0.42 20.05 A- A3 61.69 13.04 OTEX-T OPEN TEXT CORP 1.92 12.49 10.03 2.14 BB+ Ba1 68.16 38.64 RBA-T RITCHIE BROS AUCTIONEERS 1.61 5.86 5.31 1.14 BB+ *- Ba2 54.12 36.85 CNR-T CANADIAN NATL RAILWAY CO 1.61 10.40 6.96 9.71 A A2 45.93 27.11 GSY-T GOEASY LTD 1.58 39.48 46.67 76.00 BB- Ba3 17.51 11.68 TA-T TRANSALTA CORP 1.54 2.95 8.82 20.35 BB+ Ba1 N-A N-A MRU-T METRO INC/CN 1.50 12.30 11.11 18.72 BBB N-A 29.91 20.22 TRI-T THOMSON REUTERS CORP 1.49 0.39 -0.54 40.37 BBB Baa2 65.83 8.57 L-T LOBLAW COMPANIES LTD 1.47 6.33 9.38 60.41 BBB N-A 41.33 22.76 PRMW-T PRIMO WATER CORP 1.43 -1.07 -6.35 3.43 B B1 N-A 60.83 CCL-B-T CCL INDUSTRIES INC - CL B 1.25 16.00 16.67 11.53 BBB Baa2 24.29 20.08 MX-T METHANEX CORP 1.15 -22.26 -37.04 4.43 BB Ba1 N-A 14.36 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.93 7.19 1.80 48.92 A- Baa1 N-A 175.01 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.89 18.98 25.21 N-A BBB Baa2 13.58 16.41 WFG-T WEST FRASER TIMBER CO LTD 0.84 27.84 19.51 61.57 BBB- Baa3 7.09 3.53 CP-T CANADIAN PACIFIC RAILWAY LTD 0.79 15.48 6.74 7.72 BBB+ N-A 19.60 20.01 CVE-T CENOVUS ENERGY INC 0.78 -15.24 -30.00 120.35 BBB- Baa3 N-A 21.69 WCN-T WASTE CONNECTIONS INC 0.73 9.26 3.05 22.87 BBB+ Baa2 97.66 46.60 TECK-B-T TECK RESOURCES LTD-CLS B 0.47 14.87 0.00 71.15 BBB- Baa3 N-A 12.43 DOL-T DOLLARAMA INC 0.32 8.58 12.40 21.49 BBB N-A 9.85 31.34 CCO-T CAMECO CORP 0.29 -27.52 0.00 60.35 BBB- N-A N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.28 -40.13 0.00 26.22 BB+ N-A N-A N-A HBM-T HUDBAY MINERALS INC 0.21 0.00 0.00 8.43 B B2 N-A N-A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.13 N-A 32.36 13.46 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.03 -7.79 0.00 33.57 B N-A N-A 32.33
Source: Bloomberg
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Scott Barlow