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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 Thursday market close.

Indicated Dividend Yield5Y Dividend Growth1Y Dividend Growth1Y Total ReturnS&P LT Credit RatingMoody's LT Credit RatingPayout RatioPE Ratio
SPB-TSUPERIOR PLUS CORP6.060.000.00-14.11BB-N-AN-AN-A
ENB-TENBRIDGE INC5.929.143.0633.31BBB+Baa1116.1820.59
GEI-TGIBSON ENERGY INC5.911.473.6518.47BBB-Ba2141.4325.57
KEY-TKEYERA CORP5.844.240.0033.11BBB-N-A130.8918.18
GWO-TGREAT-WEST LIFECO INC5.365.735.9411.76A+N-A55.2320.16
IGM-TIGM FINANCIAL INC5.330.000.0012.30AN-A54.8910.36
PPL-TPEMBINA PIPELINE CORP5.225.590.0039.61BBBN-A126.2318.25
TCL-A-TTRANSCONTINENTAL INC-CL A5.213.580.00-23.62BBB-N-A59.95N-A
CPX-TCAPITAL POWER CORP5.197.026.8218.11BBB-N-A505.5224.86
POW-TPOWER CORP OF CANADA5.147.065.3119.49A+N-A42.639.08
CJR-B-TCORUS ENTERTAINMENT INC-B SH5.06-26.770.00-15.23BBN-A28.986.25
BCE-TBCE INC5.055.105.1133.27BBB+Baa2117.0922.72
MFC-TMANULIFE FINANCIAL CORP4.989.938.932.82AN-A32.9813.86
TRP-TTC ENERGY CORP4.888.636.3631.72BBB+Baa2187.8216.85
RUS-TRUSSEL METALS INC4.850.000.0021.14BB+Ba222.074.52
CRT-UN-TCT REAL ESTATE INVESTMENT TR4.783.954.4312.41BBBN-A91.6226.88
CHP-UN-TCHOICE PROPERTIES REIT4.671.120.0019.92BBBN-A2325.65N-A
BNS-TBANK OF NOVA SCOTIA4.575.125.5616.89A+N-A46.5410.75
CU-TCANADIAN UTILITIES LTD-A4.535.771.0121.15BBB+N-A144.7324.79
CM-TCAN IMPERIAL BK OF COMMERCE4.414.495.1422.89A+N-A41.819.70
LB-TLAURENTIAN BANK OF CANADA4.29-7.045.005.36BBBN-A154.918.56
AQN-TALGONQUIN POWER & UTILITIES4.248.245.511.82BBBN-A165.3436.63
ACO-X-TATCO LTD -CLASS I4.168.853.0010.29BBB+N-A83.2229.16
REI-UN-TRIOCAN REAL ESTATE INVST TR4.12-7.21-26.5228.94BBBN-A50.8315.13
EMA-TEMERA INC4.094.954.0019.52BBBBaa3128.8216.41
SU-TSUNCOR ENERGY INC4.091.1550.0061.97BBB+Baa137.9615.37
AP-UN-TALLIED PROPERTIES REAL ESTAT3.902.553.019.52N-ABaa248.8677.57
SLF-TSUN LIFE FINANCIAL INC3.857.9610.0010.54A+WR (hyb)34.4110.48
T-TTELUS CORP3.826.496.8339.21BBB+Baa1103.3732.09
CNQ-TCANADIAN NATURAL RESOURCES3.7818.2530.52112.96BBB-Baa211.5613.98
CIX-TCI FINANCIAL CORP3.75-12.140.003.02BBBBaa235.787.50
NA-TNATIONAL BANK OF CANADA3.737.3211.2712.00AN-A31.369.83
CAS-TCASCADES INC3.7122.4237.50-8.47BB-Ba2N-AN-A
BMO-TBANK OF MONTREAL3.705.576.3730.35A+N-A36.5610.75
TD-TTORONTO-DOMINION BANK3.698.356.3320.98AA-N-A40.8612.00
QSR-TRESTAURANT BRANDS INTERN3.6525.47-0.78-7.60BBN-A78.4218.26
ALA-TALTAGAS LTD3.58-12.448.9244.29BBB-N-A122.1734.17
RY-TROYAL BANK OF CANADA3.546.242.7820.14AA-N-A39.0212.05
IAG-TIA FINANCIAL CORP INC3.4111.1314.437.97AN-A26.99N-A
FTS-TFORTIS INC3.306.065.8522.63A-Baa379.8525.13
GRT-UN-TGRANITE REAL ESTATE INVESTME3.294.013.3124.47N-A(P)Baa214.71453.08
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.274.371.0626.25BBB+N-A108.8640.25
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.25-0.42-5.37-3.58BBB+N-AN-AN-A
SJR-B-TSHAW COMMUNICATIONS INC-B3.010.000.0021.23BBB-Baa2 *-61.0719.28
H-THYDRO ONE LTD3.014.865.0122.61A-N-A65.1822.01
MG-TMAGNA INTERNATIONAL INC2.9910.011.69-30.04A-A333.9511.17
GSY-TGOEASY LTD2.9139.1043.78-1.22BB-Ba324.908.42
NPI-TNORTHLAND POWER INC2.842.130.00-6.17BBBN-A147.8162.65
CTC-A-TCANADIAN TIRE CORP-CLASS A2.7615.235.184.57BBBN-A26.6710.03
RCI-B-TROGERS COMMUNICATIONS INC-B2.730.820.0025.42BBB+ *-N-A64.8320.25
CCA-TCOGECO COMMUNICATIONS INC2.6410.4010.25-9.24BB+N-A30.2212.06
EFN-TELEMENT FLEET MANAGEMENT COR2.5813.7029.55-13.67BBBN-A35.2115.79
AEM-TAGNICO EAGLE MINES LTD2.5429.4926.626.34NRBaa262.6128.44
FCR-UN-TFIRST CAPITAL REAL ESTATE IN2.46-12.86-42.633.43BBB-Baa320.5714.90
FTT-TFINNING INTERNATIONAL INC2.453.817.3216.69BBB+N-A9.9616.70
SAP-TSAPUTO INC2.384.102.88-21.81N-ABaa145.5433.24
IMO-TIMPERIAL OIL LTD2.1813.9030.68103.14AA-N-A29.4118.16
ITP-TINTERTAPE POLYMER GROUP INC2.163.085.8842.44BB- *-Ba2 *-56.9822.01
IFC-TINTACT FINANCIAL CORP2.148.457.5321.41N-ABaa127.4215.22
OTEX-TOPEN TEXT CORP2.0912.3010.38-11.88BB+Ba168.1622.90
K-TKINROSS GOLD CORP2.06N-A29.47-18.43BBB-Baa30.0018.66
YRI-TYAMANA GOLD INC2.0640.8031.2726.50BB+Baa371.0524.34
PRMW-TPRIMO WATER CORP1.97-0.230.03-13.02BB1N-A62.50
CNR-TCANADIAN NATL RAILWAY CO1.8310.8910.1511.35AA235.6326.97
NTR-TNUTRIEN LTD1.82N-A-1.4296.18BBBBaa233.2417.80
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.82-0.88-1.3023.12BBB-Baa37.7325.41
RBA-TRITCHIE BROS AUCTIONEERS1.726.517.28-3.41BB+ *-Ba270.4636.30
TRI-TTHOMSON REUTERS CORP1.651.092.0122.14BBBBaa214.069.68
CCL-B-TCCL INDUSTRIES INC - CL B1.6515.9616.00-16.02BBBBaa225.2017.52
ABX-TBARRICK GOLD CORP1.6353.00129.1622.41BBB+Baa132.5522.09
MRU-TMETRO INC/CN1.5011.9710.8127.36BBBN-A29.9121.68
TA-TTRANSALTA CORP1.473.5010.1411.50BB+Ba1N-AN-A
WFG-TWEST FRASER TIMBER CO LTD1.3830.8034.00-9.81BBB-Baa32.882.75
L-TLOBLAW COMPANIES LTD1.256.5810.0069.99BBBN-A25.3421.47
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.017.473.7726.82A-Baa122.69N-A
TECK-B-TTECK RESOURCES LTD-CLS B1.0150.61287.50103.51BBB-Baa33.719.16
MX-TMETHANEX CORP0.92-18.44168.1349.48BBBa15.119.28
ATD-B-TALIMENTATION COUCHE-TARD -B0.8917.3318.25N-ABBBBaa213.58N-A
CP-TCANADIAN PACIFIC RAILWAY LTD0.7913.703.262.69BBB+N-A18.1119.60
CVE-TCENOVUS ENERGY INC0.66-12.0931.25117.73BBB-N-A29.9825.43
WCN-TWASTE CONNECTIONS INC0.6412.565.1228.15BBB+Baa235.6351.16
CCO-TCAMECO CORP0.31-27.520.0074.26BBB-N-AN-AN-A
DOL-TDOLLARAMA INC0.298.5812.4035.38BBBN-A9.1634.65
SNC-TSNC-LAVALIN GROUP INC0.27-40.280.007.22BB+N-A14.0247.46
HBM-THUDBAY MINERALS INC0.210.000.00-6.31BB2N-AN-A
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.14N-A2.70-6.44B+B1N-AN-A
FM-TFIRST QUANTUM MINERALS LTD0.02-7.790.0047.66B+N-A0.8325.30

Source: Bloomberg

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