The table below ranks all S&P/TSX companies by indicated dividend yield as reported by Bloomberg. It is intended as a starting point for further research.
We hope the data provided is helpful and credible, but recognize it is not sufficient grounds for actual market transactions on its own.
Investors should verify the data provided and investigate all cases where ‘NAs’ appear in the table before making buy and sell decisions.
As for methodology, we are relying heavily on S&P long-term credit ratings. Yield-paying index stocks where no credit rating is available - like H&R REIT, for example - are excluded from the table. 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.
Data is of 10:30 a.m. ET on Monday.
Symbol Company Ind Dividend Yield Ave Ann 5Y Div Growth rate 1Y Div Growth rate Total Return 12M S&P LT Credit Rating Payout Ratio % PE Ratio TTM BPY-UN-T BROOKFIELD PROPERTY PARTNERS 13.66 7.95 4.25 -41.10 BBB 74.87 8.58 REI-UN-T RIOCAN REAL ESTATE INVST TR 9.63 0.42 0.00 -38.46 BBB 57.29 5.70 KEY-T KEYERA CORP 9.41 7.67 6.70 -34.84 BBB- 89.46 6.86 RUS-T RUSSEL METALS INC 9.38 0.00 0.00 -20.52 BB 123.37 18.35 CJR-B-T CORUS ENTERTAINMENT INC-B SH 8.25 -26.39 0.00 -49.80 BB 32.60 4.04 ENB-T ENBRIDGE INC 7.87 13.69 9.87 -7.16 BBB+ 111.80 17.26 PPL-T PEMBINA PIPELINE CORP 7.61 6.99 6.96 -27.87 BBB 89.13 10.10 POW-T POWER CORP OF CANADA 7.58 7.62 9.93 -9.42 A+ 79.05 7.70 GWO-T GREAT-WEST LIFECO INC 7.47 6.08 6.11 -17.38 A+ 66.25 110.26 CPX-T CAPITAL POWER CORP 7.24 7.14 7.26 -6.09 BBB- 250.00 6.85 CNQ-T CANADIAN NATURAL RESOURCES 7.21 11.95 12.68 -28.03 BBB 34.08 13.42 IGM-T IGM FINANCIAL INC 7.14 0.22 0.00 -9.51 A 72.05 9.93 ITP-T INTERTAPE POLYMER GROUP INC 7.05 7.02 8.13 -34.02 BB- 82.47 8.15 MIC-T GENWORTH MI CANADA INC 6.66 38.76 317.92 -4.27 BBB+ 126.89 6.44 SPB-T SUPERIOR PLUS CORP 6.49 1.15 0.00 -11.36 BB- 88.29 17.74 BNS-T BANK OF NOVA SCOTIA 6.48 6.22 3.78 -17.80 A+ 51.90 8.77 CM-T CAN IMPERIAL BK OF COMMERCE 6.46 6.77 5.07 -6.70 A+ 49.91 9.03 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 6.37 0.00 0.00 -35.65 BBB- 36.86 8.68 ALA-T ALTAGAS LTD 6.30 -11.76 -34.80 -18.78 BBB- 34.93 N-A MFC-T MANULIFE FINANCIAL CORP 6.17 10.79 9.28 -19.82 A 36.19 7.79 TCL-A-T TRANSCONTINENTAL INC-CL A 6.00 6.37 2.91 7.90 BBB- 46.25 9.90 BMO-T BANK OF MONTREAL 5.91 5.75 6.63 -24.01 A+ 46.76 8.91 CHP-UN-T CHOICE PROPERTIES REIT 5.90 2.63 0.00 -3.13 BBB N-A 10.97 BCE-T BCE INC 5.89 5.09 5.01 0.18 BBB+ 93.93 15.69 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.84 3.34 4.00 0.11 BBB 123.28 34.12 TRP-T TC ENERGY CORP 5.65 9.30 8.33 -7.19 BBB+ 70.27 12.88 NTR-T NUTRIEN LTD 5.48 N-A 8.36 -32.89 BBB 103.31 18.45 LB-T LAURENTIAN BANK OF CANADA 5.44 4.25 2.31 -31.16 BBB 69.32 9.58 CU-T CANADIAN UTILITIES LTD-A 5.40 8.81 5.16 -8.50 A- 52.15 13.20 SJR-B-T SHAW COMMUNICATIONS INC-B 5.34 0.98 0.00 -12.89 BBB- 83.87 16.16 TD-T TORONTO-DOMINION BANK 5.23 9.41 9.45 -17.67 AA- 46.09 10.38 T-T TELUS CORP 5.12 7.62 6.08 -1.36 BBB+ 77.78 16.06 AQN-T ALGONQUIN POWER & UTILITIES 4.87 12.81 12.01 14.44 BBB 53.18 20.88 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.84 11.36 5.76 13.15 BBB+ 1103.95 N-A RY-T ROYAL BANK OF CANADA 4.68 7.10 7.14 -7.46 AA- 46.38 11.83 NA-T NATIONAL BANK OF CANADA 4.66 7.04 8.08 2.58 A 41.68 10.06 EMA-T EMERA INC 4.65 9.54 4.19 2.82 BBB 85.22 22.07 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.58 8.47 6.82 50.69 BBB+ N-A N-A SLF-T SUN LIFE FINANCIAL INC 4.52 8.30 8.75 -6.62 A+ 47.21 12.20 ACO-X-T ATCO LTD -CLASS I 4.46 12.68 7.50 -8.30 A- 36.19 7.02 FTT-T FINNING INTERNATIONAL INC 4.34 2.78 1.86 -17.70 BBB+ 55.38 11.30 IAG-T IA FINANCIAL CORP INC 4.33 11.20 10.32 -12.97 A 27.37 N-A CIX-T CI FINANCIAL CORP 4.23 -10.45 0.00 -16.76 BBB 31.71 7.38 IMO-T IMPERIAL OIL LTD 4.16 11.10 11.39 -39.83 AA 29.36 9.68 H-T HYDRO ONE LTD 4.02 N-A 5.00 14.86 A- 73.26 15.55 INE-T INNERGEX RENEWABLE ENERGY 3.94 3.08 2.90 36.61 BBB- N-A N-A IPL-T INTER PIPELINE LTD 3.89 -0.11 -17.50 -34.46 BBB- 131.06 9.74 CTC-A-T CANADIAN TIRE CORP-CLASS A 3.86 16.24 12.26 -14.57 BBB 33.74 10.66 QSR-T RESTAURANT BRANDS INTERN 3.85 63.18 8.49 -16.60 BB 83.36 18.42 MG-T MAGNA INTERNATIONAL INC 3.77 16.17 11.86 -6.00 A- *- 25.44 8.30 FTS-T FORTIS INC 3.75 7.36 6.06 1.93 A- 49.61 20.48 PKI-T PARKLAND CORP 3.72 2.40 1.73 -18.91 BB 42.75 13.58 SU-T SUNCOR ENERGY INC 3.70 6.23 -2.88 -42.05 BBB+ 90.35 16.11 NPI-T NORTHLAND POWER INC 3.68 2.13 0.00 33.35 BBB 70.02 16.68 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.65 1.30 2.04 -19.34 BBB+ 50.02 13.44 FFH-T FAIRFAX FINANCIAL HLDGS LTD 3.14 1.71 -1.93 -34.07 BBB- 13.74 34.13 CCA-T COGECO COMMUNICATIONS INC 2.32 10.90 10.49 8.70 BB+ 30.49 13.35 TRI-T THOMSON REUTERS CORP 2.31 3.01 -76.54 10.59 BBB 48.58 69.22 CAS-T CASCADES INC 2.22 14.87 100.00 40.41 BB- 32.69 14.51 TA-T TRANSALTA CORP 2.15 -25.52 3.13 -5.54 BB+ 65.31 N-A WN-T WESTON (GEORGE) LTD 2.14 4.50 2.69 0.92 BBB 162.12 15.36 RBA-T RITCHIE BROS AUCTIONEERS 2.04 10.06 12.36 26.71 BB+ 55.38 28.62 CNR-T CANADIAN NATL RAILWAY CO 1.93 14.61 12.09 0.34 A 36.62 19.71 L-T LOBLAW COMPANIES LTD 1.91 5.05 5.00 0.52 BBB 42.38 19.66 EFN-T ELEMENT FLEET MANAGEMENT COR 1.85 N-A -14.29 3.41 BBB 146.09 31.95 WFT-T WEST FRASER TIMBER CO LTD 1.76 23.36 0.00 -22.63 BBB- N-A N-A PRMW-T PRIMO WATER CORP 1.76 2.57 1.09 7.68 B N-A 64.79 OTEX-T OPEN TEXT CORP 1.65 17.12 12.42 9.37 BB+ 59.31 38.61 CCL-B-T CCL INDUSTRIES INC - CL B 1.64 20.99 16.67 -30.74 BBB 25.37 15.83 MRU-T METRO INC/CN 1.60 14.42 11.84 16.09 BBB 27.94 19.45 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.49 11.64 11.37 7.49 A- 27.02 19.56 TECK-B-T TECK RESOURCES LTD-CLS B 1.47 -19.73 -33.33 -54.36 BBB- N-A 7.24 YRI-T YAMANA GOLD INC 1.20 -7.30 145.74 116.96 BB+ 10.51 38.45 HSE-T HUSKY ENERGY INC 1.13 -19.89 -22.50 -61.56 BBB N-A N-A ABX-T BARRICK GOLD CORP 1.09 5.63 35.56 73.52 BBB 8.86 N-A CP-T CANADIAN PACIFIC RAILWAY LTD 0.97 18.85 19.42 12.39 BBB+ 17.79 18.95 WCN-T WASTE CONNECTIONS INC 0.84 1.69 17.59 0.09 BBB+ 30.95 38.29 MX-T METHANEX CORP 0.80 4.18 -15.91 -55.04 BB 122.91 29.50 OSB-T NORBORD INC 0.69 -12.94 -85.59 -7.70 BB N-A N-A ATD-B-T ALIMENTATION COUCHE-TARD -B 0.65 24.09 21.18 4.50 BBB 13.85 17.55 CCO-T CAMECO CORP 0.58 -27.52 0.00 -0.64 BBB- 42.72 53.31 HBM-T HUDBAY MINERALS INC 0.52 0.00 0.00 -45.65 B N-A 8.04 DOL-T DOLLARAMA INC 0.39 9.86 7.32 -2.41 BBB 9.80 25.87 SNC-T SNC-LAVALIN GROUP INC 0.36 -39.41 -89.66 -15.54 BB+ 12.84 N-A
Source: Bloomberg
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