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 10:00 a.m. ET 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 ENB-T ENBRIDGE INC 6.85 10.04 4.64 21.00 BBB+ Baa1 219.40 20.74 PPL-T PEMBINA PIPELINE CORP 6.23 6.26 2.02 23.52 BBB N-A N-A 18.88 GEI-T GIBSON ENERGY INC 6.18 1.20 2.99 -2.00 BBB- Ba2 163.77 34.51 KEY-T KEYERA CORP 6.17 5.06 0.00 38.12 BBB- N-A 682.71 23.31 TRP-T TC ENERGY CORP 5.83 9.14 7.69 -2.29 BBB+ Baa2 68.32 13.49 BCE-T BCE INC 5.48 5.08 5.08 19.44 BBB+ Baa2 132.54 20.09 CPX-T CAPITAL POWER CORP 5.18 7.02 6.77 53.54 BBB- N-A 250.00 25.70 CU-T CANADIAN UTILITIES LTD-A 4.95 6.68 1.50 13.12 A- N-A 131.95 22.53 CHP-UN-T CHOICE PROPERTIES REIT 4.94 2.16 0.00 24.16 BBB N-A 116.18 N-A IGM-T IGM FINANCIAL INC 4.87 0.00 0.00 46.71 A N-A 70.14 13.11 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.80 3.71 4.09 31.84 BBB N-A 216.91 37.02 SPB-T SUPERIOR PLUS CORP 4.59 0.00 0.00 35.74 BB- N-A 168.31 660.97 CNQ-T CANADIAN NATURAL RESOURCES 4.54 14.24 11.88 63.18 BBB- Baa2 N-A 15.01 BNS-T BANK OF NOVA SCOTIA 4.44 4.86 0.00 46.77 A+ N-A 66.29 12.93 T-T TELUS CORP 4.44 6.92 6.48 24.03 BBB+ Baa1 125.93 27.24 GWO-T GREAT-WEST LIFECO INC 4.43 5.45 2.94 54.81 A+ N-A 55.23 10.96 MFC-T MANULIFE FINANCIAL CORP 4.37 9.09 5.66 32.06 A N-A 38.05 6.93 AQN-T ALGONQUIN POWER & UTILITIES 4.35 9.09 3.90 12.03 BBB N-A 44.49 27.93 EMA-T EMERA INC 4.32 5.54 4.08 15.87 BBB Baa3 64.93 20.34 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.27 -3.83 -19.44 53.09 BBB N-A N-A 14.27 POW-T POWER CORP OF CANADA 4.23 7.13 4.99 70.49 A+ N-A 58.13 10.17 ACO-X-T ATCO LTD -CLASS I 4.17 10.66 5.18 9.79 A- N-A 79.02 57.56 RUS-T RUSSEL METALS INC 4.12 0.00 0.00 107.30 BB Ba2 385.71 12.13 CJR-B-T CORUS ENTERTAINMENT INC-B SH 4.02 -26.77 0.00 128.72 BB N-A N-A 6.41 CM-T CAN IMPERIAL BK OF COMMERCE 3.91 4.62 0.69 61.70 A+ N-A 70.67 11.91 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.86 2.47 3.19 15.20 N-A Baa2 41.02 21.36 ALA-T ALTAGAS LTD 3.86 -12.92 2.75 51.58 BBB- N-A 55.14 17.94 LB-T LAURENTIAN BANK OF CANADA 3.74 -7.16 -33.33 59.87 BBB N-A 90.17 10.14 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.67 5.32 -7.33 22.12 BBB+ N-A 410.70 31.07 TD-T TORONTO-DOMINION BANK 3.65 8.31 3.27 42.28 AA- N-A 48.28 11.04 INE-T INNERGEX RENEWABLE ENERGY 3.64 2.71 1.41 -8.29 BB+ N-A N-A N-A TCL-A-T TRANSCONTINENTAL INC-CL A 3.50 4.86 1.12 72.09 BBB- N-A 59.19 12.48 FTS-T FORTIS INC 3.47 6.34 5.84 12.19 A- Baa3 75.68 21.98 SU-T SUNCOR ENERGY INC 3.46 -6.25 -44.55 11.76 BBB+ Baa1 N-A 17.37 H-T HYDRO ONE LTD 3.41 13.31 5.01 16.95 A- N-A 33.84 19.65 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.35 4.70 3.49 22.56 N-A (P)Baa2 38.32 52.87 SLF-T SUN LIFE FINANCIAL INC 3.30 7.05 1.15 22.32 A+ Baa1 (hyb) 53.54 12.36 RY-T ROYAL BANK OF CANADA 3.28 6.19 1.41 40.05 AA- N-A 54.74 13.35 BMO-T BANK OF MONTREAL 3.28 4.76 0.71 73.28 A+ N-A 56.14 12.91 CAS-T CASCADES INC 3.26 14.87 0.00 2.92 BB- Ba2 15.50 10.49 QSR-T RESTAURANT BRANDS INTERN 3.25 30.18 -2.88 17.60 BB N-A 129.25 27.64 SJR-B-T SHAW COMMUNICATIONS INC-B 3.23 0.00 0.00 54.72 BBB- Baa2 *- 89.88 20.23 PKI-T PARKLAND CORP 3.23 2.09 1.70 -1.85 BB Ba2 224.39 28.94 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 3.15 -0.25 -20.64 29.27 BBB+ N-A N-A N-A RCI-B-T ROGERS COMMUNICATIONS INC-B 3.15 0.82 0.00 18.57 BBB+ *- Baa1 *- 63.44 17.64 IMO-T IMPERIAL OIL LTD 3.14 10.29 5.68 57.33 AA- N-A N-A N-A NPI-T NORTHLAND POWER INC 3.03 2.13 0.00 10.44 BBB N-A 62.34 49.79 NA-T NATIONAL BANK OF CANADA 2.94 5.72 1.07 51.85 A N-A 49.55 12.32 CIX-T CI FINANCIAL CORP 2.91 -11.62 0.00 31.81 BBB Baa2 32.63 8.74 NTR-T NUTRIEN LTD 2.91 N-A -4.42 61.06 BBB Baa2 223.39 25.42 YRI-T YAMANA GOLD INC 2.81 18.19 87.62 -31.21 BB+ Baa3 26.03 13.79 ITP-T INTERTAPE POLYMER GROUP INC 2.75 2.70 -2.40 103.46 BB- Ba2 48.69 16.39 FTT-T FINNING INTERNATIONAL INC 2.61 2.35 0.00 72.50 BBB+ N-A 57.01 19.53 IAG-T IA FINANCIAL CORP INC 2.59 9.72 3.74 56.14 A N-A 33.99 N-A IPL-T INTER PIPELINE LTD 2.41 -20.77 -63.08 44.04 BBB- N-A 93.51 20.38 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.39 -6.63 -29.03 29.59 BBB- Baa3 7017.98 8.01 AEM-T AGNICO EAGLE MINES LTD 2.39 30.11 68.29 -28.64 NR Baa2 44.72 19.87 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.33 15.69 4.78 59.82 BBB N-A 9.52 10.34 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.24 -2.74 -2.99 40.93 BBB- Baa3 151.65 25.93 CCA-T COGECO COMMUNICATIONS INC 2.18 10.41 10.34 18.16 BB+ N-A 29.99 14.03 K-T KINROSS GOLD CORP 2.01 N-A N-A -34.72 BBB- Baa3 0.00 8.54 MG-T MAGNA INTERNATIONAL INC 2.00 11.18 2.30 58.93 A- A3 61.69 10.53 SAP-T SAPUTO INC 1.98 5.33 2.94 3.78 N-A Baa1 45.54 27.83 IFC-T INTACT FINANCIAL CORP 1.91 8.38 4.40 24.90 N-A Baa1 46.12 15.56 EFN-T ELEMENT FLEET MANAGEMENT COR 1.82 26.19 33.33 30.26 BBB N-A 35.79 19.27 CNR-T CANADIAN NATL RAILWAY CO 1.82 11.60 6.97 1.61 A *- A2 *- 45.93 24.69 WN-T WESTON (GEORGE) LTD 1.80 4.87 3.57 36.21 BBB N-A 35.47 18.76 ABX-T BARRICK GOLD CORP 1.78 42.08 98.55 -28.11 BBB Baa1 25.25 15.12 L-T LOBLAW COMPANIES LTD 1.67 5.50 4.76 25.94 BBB N-A 41.33 21.40 OTEX-T OPEN TEXT CORP 1.66 12.34 5.03 17.05 BB+ Ba1 68.16 46.44 RBA-T RITCHIE BROS AUCTIONEERS 1.64 5.50 4.61 -4.94 BB+ *- Ba2 54.12 34.63 MRU-T METRO INC/CN 1.57 13.10 11.76 8.64 BBB N-A 27.74 19.57 MX-T METHANEX CORP 1.47 -33.53 -87.39 51.04 BB Ba1 N-A 34.00 GSY-T GOEASY LTD 1.46 37.60 46.05 167.75 BB- Ba3 17.51 14.25 TA-T TRANSALTA CORP 1.44 -16.84 6.06 48.39 BB+ Ba1 N-A N-A TRI-T THOMSON REUTERS CORP 1.42 0.25 0.12 46.77 BBB Baa2 65.83 8.44 PRMW-T PRIMO WATER CORP 1.40 -0.81 -5.24 10.60 B B1 N-A 52.45 CCL-B-T CCL INDUSTRIES INC - CL B 1.16 17.38 11.43 46.60 BBB Baa2 24.29 20.84 WFG-T WEST FRASER TIMBER CO LTD 1.08 24.87 6.25 42.36 BBB- Baa3 7.09 2.72 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.92 7.44 3.97 64.62 A- Baa1 N-A 144.38 CP-T CANADIAN PACIFIC RAILWAY LTD 0.83 19.64 14.46 18.46 BBB+ N-A 19.60 19.14 TECK-B-T TECK RESOURCES LTD-CLS B 0.70 14.87 0.00 91.81 BBB- Baa3 N-A 18.85 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.68 19.98 25.47 14.00 BBB Baa2 13.58 16.81 CVE-T CENOVUS ENERGY INC 0.67 -39.16 -80.00 54.02 BBB- Baa3 N-A 32.04 WCN-T WASTE CONNECTIONS INC 0.64 6.35 2.07 21.16 BBB+ Baa2 97.66 50.77 CCO-T CAMECO CORP 0.37 -27.52 0.00 55.89 BBB- N-A N-A N-A DOL-T DOLLARAMA INC 0.34 8.63 8.86 20.56 BBB N-A 9.85 30.95 HBM-T HUDBAY MINERALS INC 0.24 0.00 0.00 56.00 B B2 N-A N-A SNC-T SNC-LAVALIN GROUP INC 0.23 -39.90 0.00 37.33 BB+ N-A N-A 104.73 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.12 N-A 93.89 58.45 B+ B1 N-A N-A FM-T FIRST QUANTUM MINERALS LTD 0.04 -25.30 0.00 119.77 B N-A N-A 50.62
Source: Bloomberg
Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today .