The table below ranks all S&P/TSX Composite Index 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.
Data as of Thursday’s close.
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 CJR-B-T CORUS ENTERTAINMENT INC-B SH 11.94 -26.77 0.00 -57.47 BB N-A N-A 6.55 SPB-T SUPERIOR PLUS CORP 6.37 0.00 0.00 -4.48 BB- N-A N-A 104.45 ENB-T ENBRIDGE INC 6.37 7.35 2.99 13.53 BBB+ Baa1 116.18 18.92 AP-UN-T ALLIED PROPERTIES REAL ESTAT 6.24 2.69 2.89 -31.55 N-A Baa2 48.86 30.99 TRP-T TC ENERGY CORP 6.22 7.57 3.45 -3.83 BBB+ Baa2 187.82 13.26 AQN-T ALGONQUIN POWER & UTILITIES 6.21 9.35 11.30 -43.32 BBB N-A 165.34 9.25 KEY-T KEYERA CORP 6.16 2.98 0.00 17.18 BBB- N-A 130.89 13.27 GEI-T GIBSON ENERGY INC 6.04 2.31 5.71 10.40 BBB- Ba2 141.43 18.96 BNS-T BANK OF NOVA SCOTIA 5.97 5.70 10.54 -19.88 A+ N-A 50.41 8.16 BCE-T BCE INC 5.92 5.10 5.14 0.16 BBB+ Baa2 117.09 18.27 TCL-A-T TRANSCONTINENTAL INC-CL A 5.92 2.38 0.00 -21.45 BBB- N-A 55.33 10.02 CM-T CAN IMPERIAL BK OF COMMERCE 5.86 5.22 10.68 -24.49 A+ N-A 48.83 8.53 GWO-T GREAT-WEST LIFECO INC 5.76 5.95 8.65 -6.19 A+ N-A 53.58 1.55 POW-T POWER CORP OF CANADA 5.65 7.02 7.76 -10.83 A+ N-A 42.63 14.67 IGM-T IGM FINANCIAL INC 5.55 0.00 0.00 -9.21 A N-A 54.89 10.66 CAS-T CASCADES INC 5.52 24.57 20.00 -31.40 BB- Ba2 N-A 79.37 PPL-T PEMBINA PIPELINE CORP 5.40 4.56 1.19 28.63 BBB N-A 126.23 13.41 CRT-UN-T CT REAL ESTATE INVESTMENT TR 5.34 4.04 3.85 1.75 BBB N-A 91.62 29.74 LB-T LAURENTIAN BANK OF CANADA 5.31 -6.21 9.76 -15.76 BBB N-A 35.90 6.79 MFC-T MANULIFE FINANCIAL CORP 5.25 9.99 12.82 3.70 A N-A 32.98 2.84 RUS-T RUSSEL METALS INC 5.16 0.00 0.00 -5.53 BB+ Ba1 22.07 4.47 EMA-T EMERA INC 5.10 4.66 3.98 -4.57 BBB Baa3 128.82 13.44 CPX-T CAPITAL POWER CORP 5.07 6.90 6.37 25.26 BBB- N-A 505.52 14.32 T-T TELUS CORP 4.97 6.60 6.66 -0.25 BBB Baa1 103.37 20.82 CHP-UN-T CHOICE PROPERTIES REIT 4.82 0.27 0.00 12.01 BBB N-A 2325.65 8.10 CU-T CANADIAN UTILITIES LTD-A 4.75 4.44 1.00 11.23 BBB+ N-A 144.73 13.43 CIX-T CI FINANCIAL CORP 4.68 -12.45 0.00 -36.52 BBB- Baa2 35.78 6.49 SU-T SUNCOR ENERGY INC 4.66 7.99 79.05 31.83 BBB Baa1 37.96 6.44 CCA-T COGECO COMMUNICATIONS INC 4.66 10.37 10.13 -31.05 BB+ N-A 30.80 6.98 ALA-T ALTAGAS LTD 4.63 -12.90 6.04 -5.58 BBB- N-A 122.17 47.96 REI-UN-T RIOCAN REAL ESTATE INVST TR 4.55 -6.36 5.73 3.80 BBB N-A 50.83 16.65 BEP-UN-T BROOKFIELD RENEWABLE PARTNER 4.51 0.60 9.78 -2.77 BBB+ N-A N-A N-A SLF-T SUN LIFE FINANCIAL INC 4.45 9.60 19.48 -5.10 A+ N-A 34.41 11.46 CTC-A-T CANADIAN TIRE CORP-CLASS A 4.43 17.61 24.47 -11.00 BBB N-A 26.67 8.99 ACO-X-T ATCO LTD -CLASS I 4.36 7.11 2.99 11.47 BBB+ N-A 83.22 11.95 BMO-T BANK OF MONTREAL 4.35 8.85 28.30 -6.17 A+ N-A 27.31 9.93 TD-T TORONTO-DOMINION BANK 4.34 8.63 11.35 -9.27 AA- N-A 37.52 10.08 CNQ-T CANADIAN NATURAL RESOURCES 4.25 33.13 130.29 29.06 BBB- Baa1 30.79 7.82 BIP-UN-T BROOKFIELD INFRASTRUCTURE PA 4.24 4.49 10.30 -5.01 BBB+ N-A 108.86 200.23 GRT-UN-T GRANITE REAL ESTATE INVESTME 4.06 3.52 3.31 -14.27 N-A (P)Baa2 14.71 19.60 FTS-T FORTIS INC 4.04 5.95 5.85 -0.55 A- Baa3 79.85 20.82 NA-T NATIONAL BANK OF CANADA 3.99 9.67 22.67 1.99 A N-A 36.83 10.11 RY-T ROYAL BANK OF CANADA 3.93 7.34 14.81 -3.87 AA- N-A 44.68 12.23 IAG-T IA FINANCIAL CORP INC 3.34 12.70 25.00 6.04 A N-A 26.99 3.34 QSR-T RESTAURANT BRANDS INTERN 3.34 22.84 5.60 30.56 BB N-A 78.42 24.25 GSY-T GOEASY LTD 3.29 38.28 37.88 -28.10 BB- Ba3 24.90 11.48 ABX-T BARRICK GOLD CORP 3.23 40.38 -13.14 4.99 BBB+ A3 32.55 20.81 RCI-B-T ROGERS COMMUNICATIONS INC-B 3.09 0.82 0.00 8.74 BBB+ *- Baa1 *- 64.83 17.68 SJR-B-T SHAW COMMUNICATIONS INC-B 3.09 0.00 0.00 5.73 BBB- Baa2 *- 83.85 25.77 H-T HYDRO ONE LTD 2.99 4.90 5.00 21.61 A- N-A 65.18 21.72 OTEX-T OPEN TEXT CORP 2.97 12.50 13.83 -22.88 BB+ Ba2 60.36 41.36 AEM-T AGNICO EAGLE MINES LTD 2.90 31.25 18.31 17.79 NR Baa2 62.61 33.56 MG-T MAGNA INTERNATIONAL INC 2.82 10.21 8.49 -13.37 A- A3 33.95 13.37 FTT-T FINNING INTERNATIONAL INC 2.62 4.60 8.49 5.66 BBB+ N-A 38.94 12.19 IMO-T IMPERIAL OIL LTD 2.58 18.30 41.75 34.95 AA- N-A 29.41 7.27 K-T KINROSS GOLD CORP 2.57 N-A 3.72 -10.72 BBB- Baa3 0.00 27.08 NTR-T NUTRIEN LTD 2.53 N-A 8.55 16.56 BBB Baa2 33.24 5.79 EFN-T ELEMENT FLEET MANAGEMENT COR 2.05 2.08 22.02 54.11 BBB N-A 35.21 21.43 IFC-T INTACT FINANCIAL CORP 2.03 9.34 17.65 22.88 N-A Baa1 27.42 14.46 SAP-T SAPUTO INC 2.00 3.04 1.41 36.03 N-A Baa1 109.01 29.08 YRI-T YAMANA GOLD INC 1.99 43.70 10.90 53.41 BBB- Baa3 71.05 22.41 RBA-T RITCHIE BROS AUCTIONEERS 1.81 8.74 14.45 4.17 BB+ Ba2 *- 70.46 35.45 CNR-T CANADIAN NATL RAILWAY CO 1.79 12.17 19.11 8.12 A A2 35.63 23.15 TA-T TRANSALTA CORP 1.75 5.08 10.81 -4.97 BB+ Ba1 N-A 38.76 FFH-T FAIRFAX FINANCIAL HLDGS LTD 1.69 1.67 7.92 31.54 BBB Baa3 7.73 21.46 WFG-T WEST FRASER TIMBER CO LTD 1.68 33.24 58.13 -15.70 BBB- Baa3 2.88 3.07 CVE-T CENOVUS ENERGY INC 1.65 18.33 430.29 40.19 BBB- Baa2 29.98 9.53 MX-T METHANEX CORP 1.60 -11.63 99.23 7.24 BB Ba1 5.11 6.95 CCL-B-T CCL INDUSTRIES INC - CL B 1.60 15.85 14.29 -7.29 BBB Baa2 25.20 17.50 TRI-T THOMSON REUTERS CORP 1.50 3.02 13.87 19.91 BBB Baa2 14.06 77.35 MRU-T METRO INC/CN 1.48 11.10 10.00 16.93 BBB N-A 31.19 20.43 L-T LOBLAW COMPANIES LTD 1.38 8.11 12.86 27.81 BBB N-A 25.34 18.77 FM-T FIRST QUANTUM MINERALS LTD 1.07 75.18 N-A -14.99 B+ *- N-A 0.83 11.87 TECK-B-T TECK RESOURCES LTD-CLS B 0.89 10.76 400.00 37.16 BBB- Baa3 3.71 5.74 WCN-T WASTE CONNECTIONS INC 0.79 13.30 16.23 12.11 BBB+ Baa2 35.63 38.20 CP-T CANADIAN PACIFIC RAILWAY LTD 0.73 11.68 0.00 10.42 BBB+ N-A 18.11 29.14 CCO-T CAMECO CORP 0.35 -21.40 50.00 27.68 BBB- N-A N-A 117.41 SNC-T SNC-LAVALIN GROUP INC 0.29 -40.71 0.00 3.87 BB+ N-A 14.02 38.78 DOL-T DOLLARAMA INC 0.27 8.57 9.94 32.13 BBB N-A 9.16 31.50 HBM-T HUDBAY MINERALS INC 0.25 0.00 0.00 -19.19 B B1 N-A 9.13 GFL-T GFL ENVIRONMENTAL INC-SUB VT 0.16 N-A 15.50 1.06 B+ B1 N-A N-A
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 .