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 rating agency are excluded from the table. 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 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 due to differences in time frame used or method of calculation for after tax income.
Data is as of 10 am Friday.
Indicated 5Y Dividend 1Y Dividend 1Y Total S&P LT Moody's LT Payout PE KEY-T KEYERA CORP 7.30 5.63 2.13 79.16 BBB- N/A 682.71 16.69 ENB-T ENBRIDGE INC 7.16 11.15 7.97 25.19 BBB+ Baa2 219.40 21.81 PPL-T PEMBINA PIPELINE CORP 6.80 6.70 4.13 49.22 BBB N/A N/A 17.93 GEI-T GIBSON ENERGY INC 6.53 1.21 3.01 25.50 BBB- Ba2 163.77 24.58 BCE-T BCE INC 6.01 5.08 5.06 7.24 BBB+ Baa2 132.54 18.90 TRP-T TC ENERGY CORP 5.79 9.20 7.84 1.73 BBB+ Baa2 68.32 14.10 IGM-T IGM FINANCIAL INC 5.65 0.00 0.00 71.63 A N/A 70.14 12.71 RUS-T RUSSEL METALS INC 5.47 0.00 0.00 114.26 BB Ba3 385.71 185.53 CPX-T CAPITAL POWER CORP 5.40 7.05 6.89 52.48 BBB- N/A 250.00 32.39 POW-T POWER CORP OF CANADA 5.21 7.53 7.67 84.80 A+ N/A 58.13 11.38 CHP-U-T CHOICE PROPERTIES REIT 5.19 2.47 0.00 14.59 BBB N/A 116.18 14.60 CU-T CANADIAN UTILITIES LTD-A 5.13 7.61 2.49 3.01 A- N/A 131.95 18.45 GWO-T GREAT-WEST LIFECO INC 5.06 5.76 4.47 69.92 A+ N/A 55.23 N/A SPB-T SUPERIOR PLUS CORP 4.92 0.00 0.00 74.99 BB- N/A 168.31 108.41 CRT-U-T CT REAL ESTATE INVESTMENT TR 4.86 3.60 3.99 36.97 BBB N/A 216.91 65.53 T-T TELUS CORP 4.82 6.98 5.23 20.88 BBB+ Baa1 125.93 23.57 CNQ-T CANADIAN NATURAL RESOURCES 4.80 13.66 12.58 147.75 BBB- Baa2 N/A N/A REI-U-T RIOCAN REAL ESTATE INVST TR 4.75 -1.31 -8.33 36.25 BBB N/A N/A N/A CM-T CAN IMPERIAL BK OF COMMERCE 4.69 5.17 1.74 68.44 A+ N/A 70.67 12.68 ALA-T ALTAGAS LTD 4.68 -12.87 1.38 54.93 BBB- N/A 55.14 20.85 BNS-T BANK OF NOVA SCOTIA 4.64 5.15 0.84 57.96 A+ N/A 66.29 14.39 EMA-T EMERA INC 4.49 7.39 4.17 8.34 BBB Baa3 64.93 21.17 ACO-X-T ATCO LTD -CLASS I 4.22 11.29 6.32 16.16 A- N/A 79.02 22.16 MFC-T MANULIFE FINANCIAL CORP 4.16 10.01 8.74 74.95 A N/A 38.05 9.22 AP-U-T ALLIED PROPERTIES REAL ESTAT 4.02 2.45 3.30 -1.20 N/A Baa2 41.02 24.03 LB-T LAURENTIAN BANK OF CANADA 3.96 -6.84 -39.85 48.87 BBB N/A 90.17 13.04 AQN-T ALGONQUIN POWER & UTILITIES 3.84 9.95 7.75 11.04 BBB N/A 44.49 30.50 GRT-U-T GRANITE REAL ESTATE INVESTME 3.83 4.87 3.67 35.58 N/A (P)Baa2 38.32 27.99 CJR-B-T CORUS ENTERTAINMENT INC-B SH 3.82 -26.77 0.00 158.33 BB N/A N/A 7.77 TD-T TORONTO-DOMINION BANK 3.82 8.72 4.98 58.89 AA- N/A 48.28 12.45 TCL-A-T TRANSCONTINENTAL INC-CL A 3.78 5.31 1.69 117.24 BBB- N/A 59.19 11.72 CIX-T CI FINANCIAL CORP 3.74 -11.35 0.00 48.51 BBB N/A 32.63 7.95 BIP-U-T BROOKFIELD INFRASTRUCTURE PA 3.72 6.33 -5.85 35.70 BBB+ N/A 410.70 103.23 BMO-T BANK OF MONTREAL 3.70 5.27 2.91 78.73 A+ N/A 56.14 13.94 FTS-T FORTIS INC 3.68 6.56 5.93 6.02 A- Baa3 75.68 21.19 RY-T ROYAL BANK OF CANADA 3.65 6.72 4.35 48.30 AA- N/A 54.74 14.65 SJR-B-T SHAW COMMUNICATIONS INC-B 3.38 0.00 0.00 67.46 BBB- Baa2 *- 89.88 24.08 SLF-T SUN LIFE FINANCIAL INC 3.38 7.39 2.33 54.26 A+ Baa1 (hyb) 53.54 17.29 H-T HYDRO ONE LTD 3.32 24.44 5.01 23.21 A- N/A 33.84 10.32 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.31 0.82 0.00 5.62 BBB+ *- Baa1 *- 63.44 17.88 NTR-T NUTRIEN LTD 3.29 N/A -0.44 52.87 BBB Baa2 223.39 36.59 NA-T NATIONAL BANK OF CANADA 3.26 6.02 2.16 80.00 A N/A 49.55 13.21 QSR-T RESTAURANT BRANDS INTERN 3.23 33.31 0.30 40.32 BB N/A 129.25 36.90 SU-T SUNCOR ENERGY INC 3.16 -6.09 -51.30 36.56 BBB+ Baa1 N/A N/A INE-T INNERGEX RENEWABLE ENERGY 3.15 2.87 2.13 25.15 BB+ N/A N/A N/A PKI-T PARKLAND CORP 3.11 2.32 1.71 49.30 BB Ba2 224.39 68.01 BEP-U-T BROOKFIELD RENEWABLE PARTNER 2.82 1.98 -12.15 66.30 BBB+ N/A N/A N/A IAG-T IA FINANCIAL CORP INC 2.81 10.45 5.72 71.18 A N/A 33.99 N/A ITP-T INTERTAPE POLYMER GROUP INC 2.77 3.47 0.44 154.59 BB- Ba3 48.69 18.52 NPI-T NORTHLAND POWER INC 2.74 2.13 0.00 56.11 BBB N/A 62.34 25.52 IMO-T IMPERIAL OIL LTD 2.73 9.86 0.00 111.97 AA- N/A N/A N/A IPL-T INTER PIPELINE LTD 2.68 -20.46 -71.93 88.26 BBB- N/A 93.51 23.95 FTT-T FINNING INTERNATIONAL INC 2.59 2.35 0.00 125.85 BBB+ N/A 57.01 27.50 FCR-U-T FIRST CAPITAL REAL ESTATE IN 2.48 -2.62 -12.44 35.41 BBB- Baa3 7017.98 20.55 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.45 16.37 7.94 114.36 BBB N/A 9.52 14.95 AEM-T AGNICO EAGLE MINES LTD 2.25 27.90 72.43 5.79 NR Baa2 44.72 32.30 YRI-T YAMANA GOLD INC 2.23 11.40 120.53 -1.62 BB+ Baa3 26.03 18.71 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.19 -2.74 -2.99 54.07 BBB- Baa3 151.65 N/A CAS-T CASCADES INC 2.13 14.87 14.29 22.09 BB- Ba2 15.50 7.13 CCA-T COGECO COMMUNICATIONS INC 2.12 10.52 10.41 30.46 BB+ N/A 29.99 14.74 IFC-T INTACT FINANCIAL CORP 2.04 8.88 6.75 21.78 N/A Baa1 46.12 23.71 GSY-T GOEASY LTD 2.01 36.45 45.65 264.53 BB- Ba3 17.51 16.98 WN-T WESTON (GEORGE) LTD 1.95 4.81 2.38 10.87 BBB N/A 35.47 19.27 L-T LOBLAW COMPANIES LTD 1.91 5.39 3.17 -2.84 BBB N/A 41.33 20.78 EFN-T ELEMENT FLEET MANAGEMENT COR 1.86 34.49 22.22 59.37 BBB N/A 35.79 18.91 MG-T MAGNA INTERNATIONAL INC 1.82 12.56 7.70 154.82 A- A3 61.69 22.99 TRI-T THOMSON REUTERS CORP 1.78 0.97 4.40 17.31 BBB Baa2 65.83 46.74 SAP-T SAPUTO INC 1.78 5.37 2.96 15.87 N/A Baa1 46.28 25.13 MRU-T METRO INC/CN 1.69 13.55 12.12 0.51 BBB N/A 27.74 18.32 CNR-T CANADIAN NATL RAILWAY CO 1.67 12.26 6.97 36.07 A A2 45.93 27.69 ABX-T BARRICK GOLD CORP 1.66 24.85 61.86 -20.40 BBB Baa1 25.25 19.66 OTEX-T OPEN TEXT CORP 1.64 13.34 5.21 18.01 BB+ Ba1 80.76 84.43 K-T KINROSS GOLD CORP 1.62 N/A N/A 9.43 BBB- Baa3 0.00 11.78 TA-T TRANSALTA CORP 1.46 -21.54 6.15 65.55 BB+ Ba1 N/A N/A PRMW-T PRIMO WATER CORP 1.46 -0.02 -2.60 58.99 B B1 N/A 107.91 RBA-T RITCHIE BROS AUCTIONEERS 1.42 6.58 8.94 43.73 BB+ Ba2 54.12 39.27 CCL-B-T CCL INDUSTRIES INC - CL B 1.19 18.20 8.70 69.40 BBB Baa2 24.29 22.81 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 1.13 8.35 9.08 26.38 A- Baa1 N/A 82.48 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.84 20.79 22.33 9.91 BBB Baa2 12.48 14.05 CP-T CANADIAN PACIFIC RAILWAY LTD 0.82 21.32 10.84 50.79 BBB+ N/A 19.60 26.08 WFG-T WEST FRASER TIMBER CO LTD 0.76 23.36 0.00 270.87 BBB- Baa3 7.09 9.61 TECK-B-T TECK RESOURCES LTD-CLS B 0.72 0.00 0.00 153.00 BBB- Baa3 N/A 125.14 WCN-T WASTE CONNECTIONS INC 0.71 2.19 12.56 20.79 BBB+ Baa2 97.66 51.48 CVE-T CENOVUS ENERGY INC 0.69 -33.95 -64.44 185.58 BBB- Baa3 N/A N/A CCO-T CAMECO CORP 0.39 -27.52 0.00 50.83 BBB- N/A N/A N/A MX-T METHANEX CORP 0.38 -33.04 -89.92 183.07 BB Ba1 N/A N/A DOL-T DOLLARAMA INC 0.35 9.08 5.28 33.54 BBB N/A 9.85 32.01 SNC-T SNC-LAVALIN GROUP INC 0.29 -39.78 -50.00 23.72 BB+ N/A N/A N/A HBM-T HUDBAY MINERALS INC 0.20 0.00 0.00 259.08 B B2 N/A N/A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.13 N/A N/A 101.96 B+ B1 N/A N/A FM-T FIRST QUANTUM MINERALS LTD 0.03 -25.30 0.00 310.97 B N/A N/A N/A
Source: Bloomberg
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