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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 (2/16/23) close.



Indicated Dividend Yield5Y Dividend Growth1Y Dividend Growth1Y Total ReturnS&P LT Credit Rating
CJR-B-TCORUS ENTERTAINMENT INC-B SH11.94-26.770.00-57.47BB
SPB-TSUPERIOR PLUS CORP6.370.000.00-4.48BB-
ENB-TENBRIDGE INC6.377.352.9913.53BBB+
AP-UN-TALLIED PROPERTIES REAL ESTAT6.242.692.89-31.55N-A
TRP-TTC ENERGY CORP6.227.573.45-3.83BBB+
AQN-TALGONQUIN POWER & UTILITIES6.219.3511.30-43.32BBB
KEY-TKEYERA CORP6.162.980.0017.18BBB-
GEI-TGIBSON ENERGY INC6.042.315.7110.40BBB-
BNS-TBANK OF NOVA SCOTIA5.975.7010.54-19.88A+
BCE-TBCE INC5.925.105.140.16BBB+
TCL-A-TTRANSCONTINENTAL INC-CL A5.922.380.00-21.45BBB-
CM-TCAN IMPERIAL BK OF COMMERCE5.865.2210.68-24.49A+
GWO-TGREAT-WEST LIFECO INC5.765.958.65-6.19A+
POW-TPOWER CORP OF CANADA5.657.027.76-10.83A+
IGM-TIGM FINANCIAL INC5.550.000.00-9.21A
CAS-TCASCADES INC5.5224.5720.00-31.40BB-
PPL-TPEMBINA PIPELINE CORP5.404.561.1928.63BBB
CRT-UN-TCT REAL ESTATE INVESTMENT TR5.344.043.851.75BBB
LB-TLAURENTIAN BANK OF CANADA5.31-6.219.76-15.76BBB
MFC-TMANULIFE FINANCIAL CORP5.259.9912.823.70A
RUS-TRUSSEL METALS INC5.160.000.00-5.53BB+
EMA-TEMERA INC5.104.663.98-4.57BBB
CPX-TCAPITAL POWER CORP5.076.906.3725.26BBB-
T-TTELUS CORP4.976.606.66-0.25BBB
CHP-UN-TCHOICE PROPERTIES REIT4.820.270.0012.01BBB
CU-TCANADIAN UTILITIES LTD-A4.754.441.0011.23BBB+
CIX-TCI FINANCIAL CORP4.68-12.450.00-36.52BBB-
SU-TSUNCOR ENERGY INC4.667.9979.0531.83BBB
CCA-TCOGECO COMMUNICATIONS INC4.6610.3710.13-31.05BB+
ALA-TALTAGAS LTD4.63-12.906.04-5.58BBB-
REI-UN-TRIOCAN REAL ESTATE INVST TR4.55-6.365.733.80BBB
BEP-UN-TBROOKFIELD RENEWABLE PARTNER4.510.609.78-2.77BBB+
SLF-TSUN LIFE FINANCIAL INC4.459.6019.48-5.10A+
CTC-A-TCANADIAN TIRE CORP-CLASS A4.4317.6124.47-11.00BBB
ACO-X-TATCO LTD -CLASS I4.367.112.9911.47BBB+
BMO-TBANK OF MONTREAL4.358.8528.30-6.17A+
TD-TTORONTO-DOMINION BANK4.348.6311.35-9.27AA-
CNQ-TCANADIAN NATURAL RESOURCES4.2533.13130.2929.06BBB-
BIP-UN-TBROOKFIELD INFRASTRUCTURE PA4.244.4910.30-5.01BBB+
GRT-UN-TGRANITE REAL ESTATE INVESTME4.063.523.31-14.27N-A
FTS-TFORTIS INC4.045.955.85-0.55A-
NA-TNATIONAL BANK OF CANADA3.999.6722.671.99A
RY-TROYAL BANK OF CANADA3.937.3414.81-3.87AA-
IAG-TIA FINANCIAL CORP INC3.3412.7025.006.04A
QSR-TRESTAURANT BRANDS INTERN3.3422.845.6030.56BB
GSY-TGOEASY LTD3.2938.2837.88-28.10BB-
ABX-TBARRICK GOLD CORP3.2340.38-13.144.99BBB+
RCI-B-TROGERS COMMUNICATIONS INC-B3.090.820.008.74BBB+ *-
SJR-B-TSHAW COMMUNICATIONS INC-B3.090.000.005.73BBB-
H-THYDRO ONE LTD2.994.905.0021.61A-
OTEX-TOPEN TEXT CORP2.9712.5013.83-22.88BB+
AEM-TAGNICO EAGLE MINES LTD2.9031.2518.3117.79NR
MG-TMAGNA INTERNATIONAL INC2.8210.218.49-13.37A-
FTT-TFINNING INTERNATIONAL INC2.624.608.495.66BBB+
IMO-TIMPERIAL OIL LTD2.5818.3041.7534.95AA-
K-TKINROSS GOLD CORP2.57N-A3.72-10.72BBB-
NTR-TNUTRIEN LTD2.53N-A8.5516.56BBB
EFN-TELEMENT FLEET MANAGEMENT COR2.052.0822.0254.11BBB
IFC-TINTACT FINANCIAL CORP2.039.3417.6522.88N-A
SAP-TSAPUTO INC2.003.041.4136.03N-A
YRI-TYAMANA GOLD INC1.9943.7010.9053.41BBB-
RBA-TRITCHIE BROS AUCTIONEERS1.818.7414.454.17BB+
CNR-TCANADIAN NATL RAILWAY CO1.7912.1719.118.12A
TA-TTRANSALTA CORP1.755.0810.81-4.97BB+
FFH-TFAIRFAX FINANCIAL HLDGS LTD1.691.677.9231.54BBB
WFG-TWEST FRASER TIMBER CO LTD1.6833.2458.13-15.70BBB-
CVE-TCENOVUS ENERGY INC1.6518.33430.2940.19BBB-
MX-TMETHANEX CORP1.60-11.6399.237.24BB
CCL-B-TCCL INDUSTRIES INC – CL B1.6015.8514.29-7.29BBB
TRI-TTHOMSON REUTERS CORP1.503.0213.8719.91BBB
MRU-TMETRO INC/CN1.4811.1010.0016.93BBB
L-TLOBLAW COMPANIES LTD1.388.1112.8627.81BBB
FM-TFIRST QUANTUM MINERALS LTD1.0775.18N-A-14.99B+ *-
TECK-B-TTECK RESOURCES LTD-CLS B0.8910.76400.0037.16BBB-
WCN-TWASTE CONNECTIONS INC0.7913.3016.2312.11BBB+
CP-TCANADIAN PACIFIC RAILWAY LTD0.7311.680.0010.42BBB+
CCO-TCAMECO CORP0.35-21.4050.0027.68BBB-
SNC-TSNC-LAVALIN GROUP INC0.29-40.710.003.87BB+
DOL-TDOLLARAMA INC0.278.579.9432.13BBB
HBM-THUDBAY MINERALS INC0.250.000.00-19.19B
GFL-TGFL ENVIRONMENTAL INC-SUB VT0.16N-A15.501.06B+







Source: Bloomberg

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