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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 market close Thursday.

Indicated Dividend Yield5Y Dividend Growth1Y Dividend Growth1Y Total ReturnS&P LT Credit RatingMoody's LT Credit RatingPayout RatioPE Ratio
IGM-TIGM FINANCIAL INC6.430.000.00-14.90AN-A54.898.69
GWO-TGREAT-WEST LIFECO INC6.195.735.94-7.31A+N-A53.584.31
TCL-A-TTRANSCONTINENTAL INC-CL A6.183.580.00-33.65BBB-N-A59.9511.30
ENB-TENBRIDGE INC6.158.513.0426.97BBB+Baa1116.1819.34
GEI-TGIBSON ENERGY INC6.061.473.6513.21BBB-Ba2141.4323.46
SPB-TSUPERIOR PLUS CORP6.050.000.00-15.73BB-N-AN-A61.88
KEY-TKEYERA CORP5.964.140.0015.16BBB-N-A130.8916.55
MFC-TMANULIFE FINANCIAL CORP5.899.368.93-11.28AN-A32.987.35
CJR-B-TCORUS ENTERTAINMENT INC-B SH5.85-26.770.00-28.82BBN-A28.985.26
POW-TPOWER CORP OF CANADA5.837.065.31-5.29A+N-A42.638.94
BCE-TBCE INC5.495.105.1121.15BBB+Baa2117.0920.00
AQN-TALGONQUIN POWER & UTILITIES5.288.245.51-0.63BBBN-A165.3426.75
PPL-TPEMBINA PIPELINE CORP5.255.480.0035.37BBBN-A126.2316.80
CIX-TCI FINANCIAL CORP5.14-12.200.00-29.58BBB-Baa235.785.23
CPX-TCAPITAL POWER CORP5.087.026.8218.33BBB-N-A505.5221.78
CAS-TCASCADES INC5.0522.4237.50-29.46BB-Ba2N-AN-A
TRP-TTC ENERGY CORP5.048.636.3624.26BBB+Baa2187.8216.23
RUS-TRUSSEL METALS INC5.030.000.00-2.58BB+Ba222.074.21
CHP-UN-TCHOICE PROPERTIES REIT4.951.020.007.26BBBN-A2325.65N-A
BNS-TBANK OF NOVA SCOTIA4.945.125.565.95A+N-A46.549.87
LB-TLAURENTIAN BANK OF CANADA4.73-7.045.00-9.87BBBN-A154.917.76
CRT-UN-TCT REAL ESTATE INVESTMENT TR4.693.974.637.60BBBN-A91.6224.59
CM-TCAN IMPERIAL BK OF COMMERCE4.684.495.146.95A+N-A41.818.98
REI-UN-TRIOCAN REAL ESTATE INVST TR4.67-7.11-23.836.27BBBN-A50.8312.19
CU-TCANADIAN UTILITIES LTD-A4.625.311.0115.51BBB+N-A144.7317.21
AP-UN-TALLIED PROPERTIES REAL ESTAT4.582.573.00-6.05N-ABaa248.8650.74
SLF-TSUN LIFE FINANCIAL INC4.437.9610.00-2.51A+N-A34.419.67
T-TTELUS CORP4.366.496.8323.21BBB+Baa1103.3727.98
QSR-TRESTAURANT BRANDS INTERN4.2323.60-0.78-16.82BBN-A78.4215.38
EMA-TEMERA INC4.214.663.9616.07BBBBaa3128.8216.00
IAG-TIA FINANCIAL CORP INC4.1611.1314.43-12.64AN-A26.99N-A
BMO-TBANK OF MONTREAL4.066.5512.7413.42A+N-A36.569.76
SU-TSUNCOR ENERGY INC4.061.1550.0074.19BBB+Baa137.9611.29
ACO-X-TATCO LTD -CLASS I4.008.853.0010.00BBB+N-A83.2220.63
NA-TNATIONAL BANK OF CANADA3.987.3211.270.75AN-A31.369.35
CNQ-TCANADIAN NATURAL RESOURCES3.9618.2530.5294.85BBB-Baa111.5610.46
ABX-TBARRICK GOLD CORP3.9253.00129.16-4.04BBB+Baa132.5518.78
TD-TTORONTO-DOMINION BANK3.858.356.339.62AA-N-A40.8611.45
RY-TROYAL BANK OF CANADA3.836.435.567.06AA-N-A39.0211.14
CTC-A-TCANADIAN TIRE CORP-CLASS A3.8015.107.03-15.73BBBN-A26.679.05
ALA-TALTAGAS LTD3.69-12.538.5522.87BBB-N-A122.1735.89
BEP-UN-TBROOKFIELD RENEWABLE PARTNER3.69-0.42-5.378.11BBB+N-AN-AN-A
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA3.664.371.0623.26BBB+N-A108.8634.32
GRT-UN-TGRANITE REAL ESTATE INVESTME3.603.953.3112.99N-A(P)Baa214.71N-A
SJR-B-TSHAW COMMUNICATIONS INC-B3.560.000.00-3.05BBB-Baa2 *-61.0716.84
FTS-TFORTIS INC3.416.065.8518.85A-Baa379.8524.39
H-THYDRO ONE LTD3.154.865.0120.00A-N-A65.1820.80
MG-TMAGNA INTERNATIONAL INC3.1310.694.85-33.92A-A333.9510.74
AEM-TAGNICO EAGLE MINES LTD3.1029.4926.62-19.27NRBaa262.6128.28
GSY-TGOEASY LTD3.0239.1043.78-24.29BB-Ba324.9011.46
RCI-B-TROGERS COMMUNICATIONS INC-B3.010.820.007.01BBB+ *-Baa1 *-64.8316.99
K-TKINROSS GOLD CORP2.89N-A29.47-41.05BBB-Baa30.0016.38
CCA-TCOGECO COMMUNICATIONS INC2.8010.4010.20-17.20BB+N-A30.2210.59
FTT-TFINNING INTERNATIONAL INC2.783.817.322.25BBB+N-A38.9413.96
SAP-TSAPUTO INC2.734.102.88-31.19N-ABaa145.5428.81
EFN-TELEMENT FLEET MANAGEMENT COR2.7013.7029.55-5.20BBBN-A35.2116.23
YRI-TYAMANA GOLD INC2.5140.8031.277.74BBB-Baa371.0519.64
OTEX-TOPEN TEXT CORP2.4412.3010.38-14.39BB+Ba168.1619.51
IMO-TIMPERIAL OIL LTD2.3213.9030.6865.54AA-N-A29.4113.34
ITP-TINTERTAPE POLYMER GROUP INC2.273.085.8831.66BB- *-Ba2 *-56.9833.36
IFC-TINTACT FINANCIAL CORP2.198.457.5312.02N-ABaa127.4214.68
CNR-TCANADIAN NATL RAILWAY CO2.0110.8910.159.22AA235.6324.09
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.89-0.88-1.3019.17BBB-Baa37.7333.45
NTR-TNUTRIEN LTD1.88N-A-1.4277.05BBBBaa233.2411.77
TRI-TTHOMSON REUTERS CORP1.861.092.017.58BBBBaa214.0629.95
RBA-TRITCHIE BROS AUCTIONEERS1.686.517.284.48BB+ *-Ba270.4634.92
CVE-TCENOVUS ENERGY INC1.67-12.09500.00167.48BBB-N-A29.9813.57
CCL-B-TCCL INDUSTRIES INC - CL B1.6615.9616.00-15.76BBBBaa225.2016.96
MRU-TMETRO INC/CN1.5712.5113.5120.95BBBN-A29.9120.04
TA-TTRANSALTA CORP1.463.5010.1425.77BB+Ba1N-A406.19
L-TLOBLAW COMPANIES LTD1.466.5810.0060.54BBBN-A25.3419.55
MX-TMETHANEX CORP1.24-18.44168.1334.36BBBa15.117.34
WFG-TWEST FRASER TIMBER CO LTD1.2030.8034.0017.18BBB-Baa32.882.85
BAM-A-TBROOKFIELD ASSET MANAGE-CL A1.167.473.778.90A-Baa122.69N-A
TECK-B-TTECK RESOURCES LTD-CLS B1.0550.61287.5058.69BBB-Baa33.716.17
ATD-B-TALIMENTATION COUCHE-TARD -B0.8911.22-9.52N-ABBBBaa213.58N-A
CP-TCANADIAN PACIFIC RAILWAY LTD0.8413.703.26-8.13BBB+N-A18.1119.17
WCN-TWASTE CONNECTIONS INC0.7312.106.439.93BBB+Baa235.6342.21
CCO-TCAMECO CORP0.43-27.520.0018.32BBB-N-AN-AN-A
SNC-TSNC-LAVALIN GROUP INC0.32-40.280.00-12.37BB+N-A14.0259.92
DOL-TDOLLARAMA INC0.318.5711.2833.12BBBN-A9.1632.21
HBM-THUDBAY MINERALS INC0.300.000.00-33.78BB2N-AN-A
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.16N-A5.86-7.92B+B1N-AN-A
FM-TFIRST QUANTUM MINERALS LTD0.030.000.007.81B+N-A0.8315.01

Source: Bloomberg

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