The highest yielding stocks on the TSX, plus risk data

25 May 2020, 17:11 by Scott Barlow

The table below ranks all S&P/TSX companies by indicated dividend yield as reported by Bloomberg. 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 S&P long-term credit ratings. Index stocks where no credit rating is available are excluded from the table. 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 is of 10:00 a.m. ET on Monday.

Symbol	Company	Ind Dividend Yield	Ave Ann 5Y Div Growth rate	1Y Div Growth rate	Total Return 12M	S&P LT Credit Rating	Payout Ratio %	PE Ratio TTM
BPY-U CT Equity	BROOKFIELD PROPERTY PARTNERS	14.09	8.88	6.06	-46.39	BBB	74.87	8.28
RUS CT Equity	RUSSEL METALS INC	10.26	0.00	0.00	-28.93	BB	123.37	16.76
REI-U CT Equity	RIOCAN REAL ESTATE INVST TR	9.98	0.42	0.00	-42.38	BBB	57.29	5.49
LB CT Equity	LAURENTIAN BANK OF CANADA	9.43	4.64	3.10	-28.17	BBB	69.32	7.09
KEY CT Equity	KEYERA CORP	8.74	7.68	6.74	-28.41	BBB-	89.46	7.39
GWO CT Equity	GREAT-WEST LIFECO INC	8.57	6.08	6.14	-31.30	A+	66.25	96.11
POW CT Equity	POWER CORP OF CANADA	8.42	7.46	8.80	-20.51	A+	79.05	6.93
CJR/B CT Equity	CORUS ENTERTAINMENT INC-B SH	8.28	-26.34	0.00	-50.41	BB	32.60	3.08
TCL/A CT Equity	TRANSCONTINENTAL INC-CL A	7.98	6.37	4.12	-16.20	BBB-	46.25	7.03
SPB CT Equity	SUPERIOR PLUS CORP	7.83	1.76	0.00	-21.35	BB	88.29	14.70
IGM CT Equity	IGM FINANCIAL INC	7.69	0.45	0.00	-14.58	A	72.05	9.22
MIC CT Equity	GENWORTH MI CANADA INC	7.35	39.85	421.50	-12.20	BBB+	126.89	5.84
CPX CT Equity	CAPITAL POWER CORP	7.32	7.17	7.24	-7.50	BBB-	250.00	6.78
ENB CT Equity	ENBRIDGE INC	7.29	13.69	9.87	-5.88	BBB+	111.80	18.62
ITP CT Equity	INTERTAPE POLYMER GROUP INC	7.13	9.07	6.72	-35.02	BB-	82.47	8.10
PPL CT Equity	PEMBINA PIPELINE CORP	7.10	6.99	6.99	-22.15	BBB	89.13	10.82
CM CT Equity	CAN IMPERIAL BK OF COMMERCE	7.05	7.01	5.32	-16.06	A+	49.91	6.81
BNS CT Equity	BANK OF NOVA SCOTIA	7.00	6.22	5.31	-23.23	A+	51.90	7.30
MFC CT Equity	MANULIFE FINANCIAL CORP	6.98	10.79	9.28	-27.45	A	36.19	6.89
CNQ CT Equity	CANADIAN NATURAL RESOURCES	6.63	11.36	12.32	-21.50	BBB	34.08	14.61
BMO CT Equity	BANK OF MONTREAL	6.57	5.75	6.63	-34.74	A+	46.76	6.93
FCR-U CT Equity	FIRST CAPITAL REAL ESTATE IN	6.55	0.12	0.00	-35.06	BBB-	36.86	8.43
ALA CT Equity	ALTAGAS LTD	6.24	-11.64	-39.05	-15.90	BBB-	34.93	N/A
CRT-U CT Equity	CT REAL ESTATE INVESTMENT TR	6.17	3.27	4.00	-5.65	BBB	123.28	32.27
CHP-U CT Equity	CHOICE PROPERTIES REIT	6.04	2.63	0.00	-6.65	BBB	N/A	10.71
BCE CT Equity	BCE INC	6.03	5.11	4.99	-4.39	BBB+	93.93	15.32
TD CT Equity	TORONTO-DOMINION BANK	5.67	9.41	9.45	-23.49	AA-	46.09	8.30
CU CT Equity	CANADIAN UTILITIES LTD-A	5.51	8.81	5.16	-11.47	A-	52.15	12.92
NTR CT Equity	NUTRIEN LTD	5.47	N/A	7.67	-25.93	BBB	103.31	18.51
TRP CT Equity	TC ENERGY CORP	5.42	9.32	8.51	-4.80	BBB+	70.27	13.44
NA CT Equity	NATIONAL BANK OF CANADA	5.41	7.24	9.45	-11.68	A	41.68	8.00
RY CT Equity	ROYAL BANK OF CANADA	5.25	7.10	7.14	-17.41	AA-	46.38	9.14
SJR/B CT Equity	SHAW COMMUNICATIONS INC-B	5.24	1.11	0.00	-13.18	BBB-	83.87	16.46
T CT Equity	TELUS CORP	5.11	7.98	7.01	-5.10	BBB+	77.78	16.06
BIP-U CT Equity	BROOKFIELD INFRASTRUCTURE PA	4.91	12.81	9.33	12.61	BBB+	1103.95	N/A
IAG CT Equity	IA FINANCIAL CORP INC	4.88	11.20	10.32	-21.03	A	27.37	N/A
ACO/X CT Equity	ATCO LTD -CLASS I	4.70	13.07	7.49	-16.45	A-	36.19	6.65
FTT CT Equity	FINNING INTERNATIONAL INC	4.70	2.78	1.86	-19.51	BBB+ *-	55.38	10.45
SLF CT Equity	SUN LIFE FINANCIAL INC	4.69	8.05	10.26	-9.50	A+	47.21	11.76
EMA CT Equity	EMERA INC	4.63	9.54	4.19	6.62	BBB	85.22	22.14
CIX CT Equity	CI FINANCIAL CORP	4.62	-10.16	0.00	-21.44	BBB	31.71	6.74
AQN CT Equity	ALGONQUIN POWER & UTILITIES	4.62	13.87	10.46	24.09	BBB	53.18	22.06
CTC/A CT Equity	CANADIAN TIRE CORP-CLASS A	4.44	16.24	12.26	-23.53	BBB	33.74	9.27
BEP-U CT Equity	BROOKFIELD RENEWABLE PARTNER	4.44	9.22	7.53	64.26	BBB+	N/A	N/A
IMO CT Equity	IMPERIAL OIL LTD	4.06	11.10	15.79	-39.35	AA	29.36	9.93
H CT Equity	HYDRO ONE LTD	4.00	N/A	5.00	15.51	A-	73.26	15.61
INE CT Equity	INNERGEX RENEWABLE ENERGY	3.99	3.11	2.92	36.03	BBB-	N/A	N/A
MG CT Equity	MAGNA INTERNATIONAL INC	3.95	17.86	11.86	-1.40	A- *-	25.44	7.75
NPI CT Equity	NORTHLAND POWER INC	3.94	2.13	0.00	28.05	BBB	70.02	15.59
IPL CT Equity	INTER PIPELINE LTD	3.90	1.53	-11.34	-34.33	BBB-	131.06	9.71
QSR CT Equity	RESTAURANT BRANDS INTERN	3.87	88.96	11.28	-15.63	BB	83.36	18.47
FTS CT Equity	FORTIS INC	3.74	7.36	6.06	4.10	A-	49.61	20.54
FFH CT Equity	FAIRFAX FINANCIAL HLDGS LTD	3.69	1.71	-1.93	-40.49	BBB-	13.74	28.48
RCI/B CT Equity	ROGERS COMMUNICATIONS INC-B	3.62	1.54	3.09	-19.87	BBB+	50.02	13.58
SU CT Equity	SUNCOR ENERGY INC	3.46	10.02	15.00	-39.32	BBB+	90.35	17.23
PKI CT Equity	PARKLAND CORP	3.16	2.41	1.73	-0.96	BB	42.75	15.97
CAS CT Equity	CASCADES INC	2.34	14.87	100.00	51.35	BB-	32.69	13.01
CCA CT Equity	COGECO COMMUNICATIONS INC	2.30	10.90	10.49	13.61	BB+	30.49	13.45
TRI CT Equity	THOMSON REUTERS CORP	2.27	3.01	-76.54	8.90	BBB	48.58	68.84
WN CT Equity	WESTON (GEORGE) LTD	2.17	4.56	4.48	-3.72	BBB	162.12	15.12
TA CT Equity	TRANSALTA CORP	2.14	-25.75	1.56	-7.19	BB+	65.31	N/A
WFT CT Equity	WEST FRASER TIMBER CO LTD	2.11	23.36	6.67	-28.21	BBB-	N/A	N/A
PRMW CT Equity	PRIMO WATER CORP	2.10	3.23	2.10	-8.72	B	N/A	54.91
EFN CT Equity	ELEMENT FLEET MANAGEMENT COR	2.09	N/A	-25.00	-11.89	BBB	146.09	28.33
CNR CT Equity	CANADIAN NATL RAILWAY CO	1.98	15.54	14.98	-3.78	A	36.62	19.19
RBA CT Equity	RITCHIE BROS AUCTIONEERS	1.98	10.49	11.41	26.97	BB+	55.38	29.26
L CT Equity	LOBLAW COMPANIES LTD	1.89	5.15	6.78	-2.90	BBB	42.38	19.82
OTEX CT Equity	OPEN TEXT CORP	1.74	18.77	17.32	4.98	BB+	59.31	36.48
CCL/B CT Equity	CCL INDUSTRIES INC - CL B	1.64	23.01	23.21	-28.33	BBB	25.37	15.87
MRU CT Equity	METRO INC/CN	1.59	14.42	11.84	16.60	BBB	27.94	19.62
BAM/A CT Equity	BROOKFIELD ASSET MANAGE-CL A	1.56	12.33	10.63	3.69	A-	27.02	18.54
TECK/B CT Equity	TECK RESOURCES LTD-CLS B	1.55	-25.98	-33.33	-50.88	BBB-	N/A	6.87
HSE CT Equity	HUSKY ENERGY INC	1.21	-15.70	11.11	-64.50	BBB	N/A	N/A
YRI CT Equity	YAMANA GOLD INC	1.19	-15.41	89.56	196.78	BB+	10.51	38.96
ABX CT Equity	BARRICK GOLD CORP	1.07	3.29	25.51	131.87	BBB	8.86	N/A
CP CT Equity	CANADIAN PACIFIC RAILWAY LTD	0.98	18.85	27.69	14.52	BBB+	17.79	18.79
MX CT Equity	METHANEX CORP	0.93	10.78	11.03	-60.63	BB	122.91	25.63
WCN CT Equity	WASTE CONNECTIONS INC	0.80	2.01	17.59	2.74	BBB+	30.95	39.09
OSB CT Equity	NORBORD INC	0.75	-10.16	-80.33	-2.90	BB	N/A	N/A
ATD/B CT Equity	ALIMENTATION COUCHE-TARD -B	0.66	24.09	21.18	1.03	BBB	13.85	17.03
HBM CT Equity	HUDBAY MINERALS INC	0.57	0.00	0.00	-44.96	B	N/A	7.17
CCO CT Equity	CAMECO CORP	0.57	-27.52	0.00	5.43	BBB-	42.72	54.23
SNC CT Equity	SNC-LAVALIN GROUP INC	0.40	-39.41	-89.66	-19.98	BB+	12.84	N/A
DOL CT Equity	DOLLARAMA INC	0.39	9.86	7.32	4.86	BBB	9.80	25.20

Bloomberg

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