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 Friday, 10:05 am.
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 6.67 10.04 4.64 28.08 BBB+ Baa1 219.40 21.28 PPL-T PEMBINA PIPELINE CORP 6.45 6.18 1.61 29.63 BBB N/A N/A 18.24 KEY-T KEYERA CORP 6.31 4.96 0.00 35.95 BBB- N/A 682.71 22.81 GEI-T GIBSON ENERGY INC 6.09 1.20 2.99 0.08 BBB- Ba2 163.77 35.02 TRP-T TC ENERGY CORP 5.75 9.14 7.69 5.10 BBB+ Baa2 68.32 13.67 BCE-T BCE INC 5.32 5.08 5.08 23.87 BBB+ Baa2 132.54 20.71 CPX-T CAPITAL POWER CORP 5.05 7.02 6.77 59.61 BBB- N/A 250.00 26.37 CU-T CANADIAN UTILITIES LTD-A 4.95 6.68 1.50 13.68 A- N/A 131.95 22.50 CHP-UN-T CHOICE PROPERTIES REIT 4.88 2.01 0.00 27.60 BBB N/A 116.18 N/A SPB-T SUPERIOR PLUS CORP 4.86 0.00 0.00 27.08 BB- N/A 168.31 N/A IGM-T IGM FINANCIAL INC 4.83 0.00 0.00 54.14 A N/A 70.14 13.22 CRT-UN-T CT REAL ESTATE INVESTMENT TR 4.68 3.75 3.97 34.86 BBB N/A 216.91 37.95 BNS-T BANK OF NOVA SCOTIA 4.61 4.86 0.00 48.80 A+ N/A 66.29 10.83 MFC-T MANULIFE FINANCIAL CORP 4.59 9.09 2.75 33.03 A N/A 38.05 6.60 RUS-T RUSSEL METALS INC 4.58 0.00 0.00 91.11 BB Ba2 385.71 10.92 GWO-T GREAT-WEST LIFECO INC 4.54 5.13 1.45 56.95 A+ N/A 55.23 10.71 AQN-T ALGONQUIN POWER & UTILITIES 4.37 9.09 3.90 12.66 BBB N/A 44.49 27.86 T-T TELUS CORP 4.33 6.92 6.48 27.11 BBB+ Baa1 125.93 27.88 EMA-T EMERA INC 4.31 5.54 4.08 15.82 BBB Baa3 64.93 20.37 CNQ-T CANADIAN NATURAL RESOURCES 4.29 14.24 11.88 79.64 BBB- Baa2 N/A 15.86 ACO-X-T ATCO LTD -CLASS I 4.28 10.82 4.08 11.34 A- N/A 79.02 56.15 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.26 -4.50 -22.22 59.27 BBB N/A N/A 14.31 POW-T POWER CORP OF CANADA 4.17 7.13 4.99 75.48 A+ N/A 58.13 10.32 CM-T CAN IMPERIAL BK OF COMMERCE 4.02 4.62 0.69 46.38 A+ N/A 70.67 10.57 ALA-T ALTAGAS LTD 3.95 -12.99 3.09 54.35 BBB- N/A 55.14 17.52 AP-UN-T ALLIED PROPERTIES REAL ESTAT 3.93 2.48 3.16 18.78 N/A Baa2 41.02 20.98 TD-T TORONTO-DOMINION BANK 3.84 8.31 3.27 33.69 AA- N/A 48.28 9.62 CJR-B-T CORUS ENTERTAINMENT INC-B SH 3.82 -26.77 0.00 109.56 BB N/A N/A 6.75 LB-T LAURENTIAN BANK OF CANADA 3.80 -7.16 -33.33 61.76 BBB N/A 90.17 9.21 TCL-A-T TRANSCONTINENTAL INC-CL A 3.73 4.86 1.12 65.63 BBB- N/A 59.19 11.70 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 3.60 4.89 -5.92 23.34 BBB+ N/A 410.70 31.83 INE-T INNERGEX RENEWABLE ENERGY 3.55 2.71 1.41 -7.06 BB+ N/A N/A N/A SU-T SUNCOR ENERGY INC 3.53 -6.25 -35.63 19.19 BBB+ Baa1 N/A 17.06 FTS-T FORTIS INC 3.50 6.13 5.76 14.00 A- Baa3 75.68 21.77 SLF-T SUN LIFE FINANCIAL INC 3.40 6.71 0.00 22.58 A+ Baa1 (hyb) 53.54 12.01 H-T HYDRO ONE LTD 3.36 13.31 5.01 20.10 A- N/A 33.84 19.94 RY-T ROYAL BANK OF CANADA 3.34 6.19 1.41 37.40 AA- N/A 54.74 12.17 PKI-T PARKLAND CORP 3.33 2.04 1.69 5.68 BB Ba2 224.39 28.10 BMO-T BANK OF MONTREAL 3.32 4.76 0.71 63.43 A+ N/A 56.14 10.99 QSR-T RESTAURANT BRANDS INTERN 3.30 28.43 -2.88 12.34 BB N/A 129.25 27.27 GRT-UN-T GRANITE REAL ESTATE INVESTME 3.28 4.66 3.44 23.36 N/A (P)Baa2 38.32 53.90 SJR-B-T SHAW COMMUNICATIONS INC-B 3.18 0.00 0.00 59.40 BBB- Baa2 *- 89.88 20.59 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.14 0.82 0.00 15.94 BBB+ *- Baa1 *- 63.44 17.66 IMO-T IMPERIAL OIL LTD 3.13 11.06 11.36 70.45 AA- N/A N/A N/A CAS-T CASCADES INC 3.04 17.61 12.50 16.67 BB- Ba2 15.50 11.25 NTR-T NUTRIEN LTD 2.99 N/A -4.42 63.96 BBB Baa2 223.39 24.82 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 2.94 -0.47 -17.03 35.59 BBB+ N/A N/A N/A CIX-T CI FINANCIAL CORP 2.90 -11.68 0.00 39.35 BBB Baa2 32.63 8.78 NA-T NATIONAL BANK OF CANADA 2.90 5.72 1.07 40.03 A N/A 49.55 11.49 NPI-T NORTHLAND POWER INC 2.84 2.13 0.00 19.06 BBB N/A 62.34 53.06 ITP-T INTERTAPE POLYMER GROUP INC 2.81 2.70 -2.40 106.00 BB- Ba2 48.69 16.06 YRI-T YAMANA GOLD INC 2.76 18.19 87.62 -30.84 BB+ Baa3 26.03 14.18 IAG-T IA FINANCIAL CORP INC 2.76 9.36 1.84 53.93 A N/A 33.99 N/A FTT-T FINNING INTERNATIONAL INC 2.76 2.85 2.44 65.82 BBB+ N/A 57.01 18.51 CTC-A-T CANADIAN TIRE CORP-CLASS A 2.45 15.69 4.78 44.85 BBB N/A 9.52 9.83 AEM-T AGNICO EAGLE MINES LTD 2.42 31.42 70.08 -28.81 NR Baa2 44.72 19.84 FCR-UN-T FIRST CAPITAL REAL ESTATE IN 2.38 -7.75 -33.18 38.33 BBB- Baa3 7017.98 8.05 FFH-T FAIRFAX FINANCIAL HLDGS LTD 2.20 -2.74 -2.99 44.52 BBB- Baa3 151.65 26.48 MG-T MAGNA INTERNATIONAL INC 2.18 10.89 1.35 58.96 A- A3 61.69 9.89 CCA-T COGECO COMMUNICATIONS INC 2.16 10.41 10.34 6.91 BB+ N/A 29.99 14.14 SAP-T SAPUTO INC 2.04 4.90 3.68 10.42 N/A Baa1 45.54 27.05 K-T KINROSS GOLD CORP 1.96 N/A N/A -30.71 BBB- Baa3 0.00 8.84 IFC-T INTACT FINANCIAL CORP 1.92 8.38 4.40 28.44 N/A Baa1 46.12 15.47 EFN-T ELEMENT FLEET MANAGEMENT COR 1.81 26.19 33.33 38.49 BBB N/A 35.79 19.37 ABX-T BARRICK GOLD CORP 1.80 49.88 121.63 -32.22 BBB Baa1 25.25 15.08 WN-T WESTON (GEORGE) LTD 1.76 4.87 3.57 46.03 BBB N/A 35.47 19.23 L-T LOBLAW COMPANIES LTD 1.64 5.50 4.76 33.69 BBB N/A 41.33 21.83 OTEX-T OPEN TEXT CORP 1.62 12.78 10.50 19.32 BB+ Ba1 68.16 47.80 RBA-T RITCHIE BROS AUCTIONEERS 1.58 5.69 4.48 6.60 BB+ *- Ba2 54.12 36.16 MRU-T METRO INC/CN 1.56 12.68 11.43 9.92 BBB N/A 27.74 19.70 CNR-T CANADIAN NATL RAILWAY CO 1.56 11.60 6.97 18.18 A *- A2 *- 45.93 28.84 TA-T TRANSALTA CORP 1.46 -9.96 5.97 49.95 BB+ Ba1 N/A N/A TRI-T THOMSON REUTERS CORP 1.38 0.37 -0.47 48.89 BBB Baa2 65.83 8.75 PRMW-T PRIMO WATER CORP 1.36 -0.86 -5.99 23.42 B B1 N/A 54.42 GSY-T GOEASY LTD 1.34 37.60 46.05 209.41 BB- Ba3 17.51 15.50 MX-T METHANEX CORP 1.30 -33.53 -87.39 61.56 BB Ba1 N/A 38.52 CCL-B-T CCL INDUSTRIES INC - CL B 1.17 17.38 11.43 52.19 BBB Baa2 24.29 20.74 WFG-T WEST FRASER TIMBER CO LTD 1.01 24.87 6.25 46.97 BBB- Baa3 7.09 2.90 BAM-A-T BROOKFIELD ASSET MANAGE-CL A 0.93 7.31 2.48 62.87 A- Baa1 N/A 144.54 CP-T CANADIAN PACIFIC RAILWAY LTD 0.83 19.64 14.46 19.59 BBB+ N/A 19.60 19.10 ATD-B-T ALIMENTATION COUCHE-TARD -B 0.69 19.98 25.47 11.65 BBB Baa2 13.58 16.70 TECK-B-T TECK RESOURCES LTD-CLS B 0.65 14.87 0.00 106.59 BBB- Baa3 N/A 20.09 WCN-T WASTE CONNECTIONS INC 0.63 6.58 3.18 24.72 BBB+ Baa2 97.66 52.16 CVE-T CENOVUS ENERGY INC 0.63 -39.16 -80.00 77.94 BBB- Baa3 N/A 34.29 DOL-T DOLLARAMA INC 0.35 8.63 8.86 12.00 BBB N/A 9.85 30.20 HBM-T HUDBAY MINERALS INC 0.25 0.00 0.00 38.06 B B2 N/A N/A GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.12 N/A 93.89 82.69 B+ B1 N/A N/A
Source: Bloomberg
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