Ranking
Top dividend yield
Every company we analyze that pays income, ranked by dividend yield — the trailing cash paid out over the past year divided by the share price. A higher yield means more income per dollar invested, though a very high yield can also signal that the market doubts the payout is safe. Real-estate investment trusts and other trusts pay distributions rather than dividends; those are included here and labelled (dist.).
Approximate, as of early August 2026. * = estimated. Yields move with prices and payout changes — see each report for the detail, and confirm before acting.
Income yield (highest first)
| # | Company | Ticker | Sector | Income yield | Basis |
|---|---|---|---|---|---|
| 1 | Fiera Capital | FSZ | Diversified Financials | ≈8.4%* | "Pays a very high dividend yielding roughly 8.4%" |
| 2 | Allied Properties REIT | AP.UN | Real Estate & REITs | ≈7%* (dist.) | "monthly distribution yielding roughly 7%" |
| 3 | Lundin Gold | LUG | Gold & Precious Metals | ≈7%* | "trailing dividend yield looks very high (~7%)" — inflated by special dividends |
| 4 | NorthWest Healthcare Properties REIT | NWH.UN | Real Estate & REITs | ≈6.5%* (dist.) | "monthly distribution yielding roughly 6-7%"; midpoint of range |
| 5 | Cogeco Communications | CCA | Telecom | ≈6.5%* | "C$3.95/yr dividend (~6.5% yield)"; long dividend-growth record |
| 6 | Freehold Royalties | FRU | Energy | ≈6.5%* | "Monthly dividend of C$0.09 (C$1.08/yr) yields ~6.5%" |
| 7 | SmartCentres REIT | SRU.UN | Real Estate & REITs | ≈6.4%* (dist.) | "CAD 1.85 per unit annually, yielding roughly 6.4%" |
| 8 | Parex Resources | PXT | Energy | ≈6.4%* | "$1.54 per share annually (CAD) for a yield of roughly 6.4%" |
| 9 | Peyto Exploration & Development | PEY | Energy | ≈5.8%* | "about C$1.44 annualized, a yield near 5.8%" |
| 10 | BCE Inc. | BCE | Telecom | ≈5.7%* | "current ~C$1.75 annualized payout yields ~5.7%" after 2025 reset |
| 11 | Gibson Energy | GEI | Midstream & Pipelines | ≈5.6%* | "C$1.80 per share annually, ~5.6% yield" |
| 12 | H&R REIT | HR.UN | Real Estate & REITs | ≈5.5%* (dist.) | "about CAD 0.60 per unit annually, yielding roughly 5.5%" |
| 13 | Dream Office REIT | D.UN | Real Estate & REITs | ≈5.5%* (dist.) | "$1.00 annualized) for a yield of roughly 5.5%" |
| 14 | CT REIT | CRT.UN | Real Estate & REITs | ≈5.4%* (dist.) | "about CAD 0.98 per unit annually (yielding ~5.4%)"; long track record of annual increases |
| 15 | South Bow | SOBO | Midstream & Pipelines | ≈5.4%* | "US$2.00/yr, ~5.4% yield in CAD terms" |
| 16 | RioCan REIT | REI.UN | Real Estate & REITs | ≈5.31% (dist.) | "Verified cash distribution yield 5.31% (C$1.16/unit ÷ C$21.79)" |
| 17 | Enbridge Inc. | ENB | Energy | ≈5.2%* | "31st consecutive annual dividend increase, +3%... (~5.2% yield)" |
| 18 | Choice Properties REIT | CHP.UN | Real Estate & REITs | ≈5%* (dist.) | "monthly distribution yielding roughly 5%" |
| 19 | Dream Industrial REIT | DIR.UN | Real Estate & REITs | ≈5%* (dist.) | "Pays a monthly distribution yielding roughly 5%" |
| 20 | Brookfield Renewable Partners | BEP.UN | Utilities | ≈4.8%* (dist.) | "US$0.392/unit (~US$1.57/yr, ~4.8% yield)" growing quarterly distribution |
| 21 | Laurentian Bank | LB | Banks | ≈4.7%* | "yielding roughly 4.7%"; yieldBasis anchors dividend yield ~4.7% |
| 22 | Brookfield Infrastructure Partners | BIP.UN | Diversified Financials | ≈4.6%* (dist.) | "raised its quarterly distribution ~6% to US$0.455/unit (US$1.82/yr, ~4.6% yield)" |
| 23 | Whitecap Resources | WCP | Energy | ≈4.5%* | "about C$0.73 per share, a yield near 4.5%" |
| 24 | Algonquin Power & Utilities | AQN | Utilities | ≈4.5%* | "about US$0.26/share, a yield near 4.5%" after two 2023 cuts |
| 25 | Canadian Apartment Properties REIT | CAR.UN | Real Estate & REITs | ≈4.46% (dist.) | "Verified cash distribution yield 4.46% (C$1.55/unit ÷ C$34.78)" |
| 26 | Pason Systems | PSI | Energy | ≈4.2%* | "well-supported dividend yielding roughly 4.2%" |
| 27 | Rogers Communications | RCI.B | Telecom | ≈4.2%* | "frozen at C$2.00/yr (yield ~4.2%)" to prioritize debt reduction |
| 28 | Capital Power | CPX | Utilities | ≈4.2%* | "~C$2.82 per share, a yield of roughly 4.2%" |
| 29 | OpenText Corporation | OTEX | Software | ≈4.2%* | "US$1.10/share annualized for a ~4.2% yield" |
| 30 | Sienna Senior Living | SIA | Real Estate & REITs | ≈4%* (dist.) | "monthly distribution yielding roughly 4% at the recent unit price" |
| 31 | Granite REIT | GRT.UN | Real Estate & REITs | ≈4%* (dist.) | "monthly distribution yielding roughly 4%, with a long record of annual increases" |
| 32 | First Capital REIT | FCR.UN | Real Estate & REITs | ≈4%* (dist.) | "about CAD 0.91 per unit annually, yielding roughly 4%" |
| 33 | Wajax | WJX | Industrials | ≈4%* | "substantial dividend yielding roughly 4%" |
| 34 | Pembina Pipeline | PPL | Midstream & Pipelines | ≈4%* | "Raised the quarterly dividend to C$0.735 (C$2.94 annualized, ~4.0% yield)" |
| 35 | Endeavour Mining | EDV | Gold & Precious Metals | ≈4%* | "one of the sector's higher dividends (yield ~4.0%) alongside buybacks" |
| 36 | Killam Apartment REIT | KMP.UN | Real Estate & REITs | ≈3.9%* (dist.) | "about CAD 0.72 per unit annually, yielding roughly 3.9%" |
| 37 | Brookfield Asset Management | BAM | Diversified Financials | ≈3.9%* | "~US$2.01/yr, ~3.9% yield" on a high, growing dividend |
| 38 | Emera | EMA | Utilities | ≈3.9%* | "~C$2.93 per share, a yield of roughly 3.9%"; multi-decade record of increases |
| 39 | Sun Life Financial | SLF | Insurance | ≈3.7%* | "Announced a 4% dividend increase (yield ~3.7%)" |
| 40 | TC Energy | TRP | Midstream & Pipelines | ≈3.7%* | "C$3.51 annualized, ~3.7% yield"; long dividend-growth track record |
| 41 | Premium Brands Holdings | PBH | Consumer Staples | ≈3.6%* | "CAD 3.40 annual dividend for a yield around 3.6%"; long record of raising |
| 42 | Vermilion Energy | VET | Energy | ≈3.6%* | "about C$0.54 per share, a yield of roughly 3.6%" |
| 43 | Keyera | KEY | Midstream & Pipelines | ≈3.6%* | "C$2.16 per share annually, ~3.6% yield" |
| 44 | Canadian Tire Corporation | CTC.A | Retail | ≈3.55%* | "~C$7.30/share annually, ~3.55% yield"; long multi-decade growth record |
| 45 | Propel Holdings | PRL | Diversified Financials | ≈3.5%* | "Pays a growing dividend yielding roughly 3.5%" |
| 46 | Restaurant Brands International | QSR | Restaurants & Franchising | ≈3.5%* | "US$2.60/share annually, ~3.5% yield" |
| 47 | Northland Power | NPI | Utilities | ≈3.4%* | "~C$0.72 per share, a yield of roughly 3.4%" after a reset |
| 48 | Tourmaline Oil | TOU | Energy | ≈3.3%* | "C$0.50 quarterly base dividend (~C$2.00/yr, ~3.3% yield)" |
| 49 | Canadian Utilities | CU | Utilities | ≈3.3%* | "~C$1.85 per share, a yield of roughly 3.3%"; longest Canadian streak (five decades) |
| 50 | Nutrien | NTR | Materials & Mining | ≈3.3%* | "about US$2.20/share, a ~3.3% yield"; multi-year record of increases |
| 51 | North West Company | NWC | Consumer Staples | ≈3.2%* | "CAD 1.64 annual dividend for a yield around 3.2%" |
| 52 | Fortis Inc. | FTS | Utilities | ≈3.2%* | "C$2.56 per share annually (~3.2% yield)"; 50+ year consecutive increases |
| 53 | PrairieSky Royalty | PSK | Energy | ≈3.1%* | "growing dividend of about C$1.06 per share, a yield near 3.1%" |
| 54 | Cascades | CAS | Materials & Mining | ≈3%* | "mid-single-digit-percent yield (roughly 3%+)" |
| 55 | Chartwell Retirement Residences | CSH.UN | Real Estate & REITs | ≈3%* (dist.) | "monthly distribution yielding roughly 3%" |
| 56 | Mullen Group | MTL | Industrials | ≈3%* | "monthly dividend yielding roughly 3%" |
| 57 | Maple Leaf Foods | MFI | Consumer Staples | ≈2.9%* | "CAD 0.84 annual dividend for a yield around 2.9%" |
| 58 | Magna International | MG | Retail | ≈2.9%* | "~US$1.94/share annually, ~2.9% yield"; long dividend-growth record |
| 59 | Great-West Lifeco | GWO | Insurance | ≈2.88%* | "C$0.67/quarter (C$2.68 annualized), ~2.88% yield" |
| 60 | Power Corporation of Canada | POW | Diversified Financials | ≈2.8%* | "Dividend yield ~2.8% (C$2.67/share)"; long history of annual increases |
| 61 | Boardwalk REIT | BEI.UN | Real Estate & REITs | ≈2.7%* (dist.) | "CAD 1.80 per unit annually, yielding roughly 2.7%" |
| 62 | Canaccord Genuity Group | CF | Diversified Financials | ≈2.7%* | "quarterly dividend yielding roughly 2.7%" |
| 63 | Pet Valu Holdings | PET | Retail | ≈2.7%* | "CAD 0.52 annual dividend for a yield around 2.7%" |
| 64 | IGM Financial | IGM | Diversified Financials | ≈2.7%* | "~C$2.48 annualized, a yield of roughly 2.7%" |
| 65 | ATCO | ACO.X | Utilities | ≈2.6%* | "yielding roughly 2.6%"; multi-decade record of annual increases |
| 66 | Russel Metals | RUS | Materials & Mining | ≈2.5%* | "quarterly dividend yielding roughly 2.5%"; long history of consistent payments |
| 67 | Quebecor | QBR.B | Telecom | ≈2.5%* | "C$1.60/yr dividend (~2.5% yield)" |
| 68 | Thomson Reuters | TRI | Media | ≈2.5%* | "TSX line yields roughly 2.5%"; Canadian dividend aristocrat, consecutive annual increases |
| 69 | ARC Resources | ARX | Energy | ≈2.5%* | "about C$0.84 per share, a yield near 2.5%"; steady increases |
| 70 | National Bank of Canada | NA | Banks | ≈2.46%* | "Raised the quarterly dividend C$0.08 to C$1.32 (yield ~2.46%)" |
| 71 | AltaGas | ALA | Midstream & Pipelines | ≈2.4%* | "C$1.34 per share annually, ~2.4% yield" |
| 72 | Hydro One | H | Utilities | ≈2.4%* | "~C$1.41 per share, a yield of roughly 2.4%"; ~5% annual increases |
| 73 | Barrick Mining | ABX | Gold & Precious Metals | ≈2.4%* | "yielding ~2.4% on trailing payouts — the highest of the senior gold group" |
| 74 | AGF Management | AGF.B | Diversified Financials | ≈2.3%* | "Pays a steady dividend yielding roughly 2.3%" |
| 75 | Spin Master | TOY | Retail | ≈2.3%* | "CAD 0.48 per share, for a yield around 2.3%" |
| 76 | Lassonde Industries | LAS.A | Consumer Staples | ≈2.3%* | "CAD 5.00 annual dividend for a yield around 2.3%"; long history of steady payments |
| 77 | Superior Plus | SPB | Utilities | ≈2.2%* | "dividend yielding roughly 2.2%" |
| 78 | Jamieson Wellness | JWEL | Consumer Staples | ≈2.2%* | "CAD 0.92 annual dividend for a yield around 2.2%"; growing |
| 79 | Cenovus Energy | CVE | Energy | ≈2.2%* | "Base dividend of C$0.88/share (~2.2% yield)" |
| 80 | Intact Financial | IFC | Insurance | ≈2.14%* | "C$5.88 annualized, ~2.14% yield"; raised ~10% to C$1.47 from C$1.33 |
| 81 | iA Financial Corporation | IAG | Insurance | ≈2.12%* | "~2.12% yield (roughly C$4.39/share annualized)"; multi-year record of increases |
| 82 | B2Gold | BTO | Gold & Precious Metals | ≈2.1%* | "About US$0.08 a year, a ~2.1% yield" |
| 83 | Saputo Inc. | SAP | Consumer Staples | ≈2.03%* | "Yield around 2.03% on roughly C$0.80/yr" |
| 84 | Total Energy Services | TOT | Energy | ≈2%* | "$0.48 annualized, recently raised 20%" for "a yield of roughly 2%" |
| 85 | Exchange Income | EIF | Industrials | ≈2%* | "substantial, regularly-growing dividend yielding roughly 2%" |
| 86 | Ag Growth International | AFN | Industrials | ≈2%* | "modest dividend yielding roughly 2%" |
| 87 | TMX Group | X | Diversified Financials | ≈2%* | "~C$1.04 annualized, raised 8% this quarter, a yield of roughly 2.0%" |
| 88 | Ovintiv | OVV | Energy | ≈2%* | "about US$1.20 per share, a yield near 2.0%" |
| 89 | West Fraser Timber | WFG | Materials & Mining | ≈2%* | "~US$0.32/quarter (~US$1.28/yr, ~2% yield)" |
| 90 | Birchcliff Energy | BIR | Energy | ≈1.9%* | "about C$0.12 per share, a yield near 1.9%" |
| 91 | Element Fleet Management | EFN | Diversified Financials | ≈1.9%* | "~C$0.60 annualized, a yield near 1.9%"; steady increases |
| 92 | Imperial Oil | IMO | Energy | ≈1.9%* | "raised to C$0.87/share ... (annualized ~C$3.48, ~1.9% yield)"; long history of increases |
| 93 | Empire Company (Sobeys) | EMP.A | Consumer Staples | ≈1.9%* | "~C$0.98/share annually, ~1.9% yield; raised 10.2% in FY2026" |
| 94 | Gildan Activewear | GIL | Retail | ≈1.8%* | "growing dividend yielding roughly 1.8%" |
| 95 | Martinrea International | MRE | Industrials | ≈1.8%* | "modest dividend yielding roughly 1.8%" |
| 96 | Boralex | BLX | Utilities | ≈1.8%* | "about C$0.66/share, a ~1.8% yield" |
| 97 | Metro Inc. | MRU | Consumer Staples | ≈1.76%* | "Yield around 1.76% on a C$1.63/yr payout"; long-standing dividend grower |
| 98 | Stella-Jones | SJ | Materials & Mining | ≈1.72% | "C$1.36 annualized, a 1.72% yield with a low payout ratio" |
| 99 | Cargojet | CJT | Industrials | ≈1.7%* | "dividend yielding roughly 1.7%" |
| 100 | Richelieu Hardware | RCH | Industrials | ≈1.7%* | "modest, steadily growing dividend yielding roughly 1.7%" |
| 101 | SECURE Waste Infrastructure | SES | Industrials | ≈1.7%* | "growing dividend yielding roughly 1.7%" |
| 102 | Pan American Silver | PAAS | Gold & Precious Metals | ≈1.7%* | "a variable dividend (yield ~1.7%) partly linked to net cash and silver prices" |
| 103 | Aecon Group | ARE | Industrials | ≈1.6%* | "modest dividend yielding roughly 1.6%" |
| 104 | Baytex Energy | BTE | Energy | ≈1.6%* | "small fixed dividend yielding roughly 1.6%" |
| 105 | EQB Inc. | EQB | Banks | ≈1.6%* | "yield around 1.5-1.7%" (midpoint); modest, regularly increased |
| 106 | TransAlta | TA | Utilities | ≈1.6%* | "about C$0.28/share ... a modest ~1.6% yield" |
| 107 | Sprott | SII | Diversified Financials | ≈1.5%* | "Pays a modest dividend yielding roughly 1.5%" |
| 108 | Extendicare | EXE | Real Estate & REITs | ≈1.5%* | "Pays a modest dividend yielding roughly 1.5%" |
| 109 | Tamarack Valley Energy | TVE | Energy | ≈1.5%* | "base dividend of about C$0.20 per share, a yield near 1.5%" |
| 110 | CCL Industries | CCL.B | Materials & Mining | ≈1.5%* | "C$1.44/share annually (~1.5% yield) at a low ~30% payout" |
| 111 | Finning International | FTT | Industrials | ≈1.4%* | "C$1.30 per share annually (yield ~1.40%), recently raised ~9%" |
| 112 | TFI International | TFII | Industrials | ≈1.39%* | "US$2.64 per share annually (yield ~1.39%)" |
| 113 | ECN Capital | ECN | Diversified Financials | ≈1.3%* | "Pays only a token dividend (yield ~1.3%)" |
| 114 | RB Global | RBA | Industrials | ≈1.3%* | "modest and growing dividend, yielding roughly 1.3%" |
| 115 | Methanex | MX | Materials & Mining | ≈1.3%* | "~US$0.185/quarter (~US$0.74/yr, ~1.3% yield)" |
| 116 | George Weston Limited | WN | Consumer Staples | ≈1.23%* | "Yield around 1.23% on a C$1.29/yr payout" |
| 117 | Bird Construction | BDT | Industrials | ≈1.2%* | "dividend yielding roughly 1.2%" |
| 118 | Agnico Eagle Mines | AEM | Gold & Precious Metals | ≈1.2%* | "US$1.80 per share annualized (~1.20% yield)" |
| 119 | BRP | DOO | Retail | ≈1.1%* | "modest dividend yielding roughly 1.1%" |
| 120 | Linamar | LNR | Industrials | ≈1.1%* | "dividend yielding roughly 1.1%" |
| 121 | Torex Gold Resources | TXG | Gold & Precious Metals | ≈1.1%* | "a small dividend (yield ~1.1%) initiated as it exited the build phase" |
| 122 | Definity Financial | DFY | Insurance | ≈1.08%* | "C$0.86/share annualized, ~1.08% yield" |
| 123 | Toromont Industries | TIH | Industrials | ≈1.01%* | "C$2.24 per share annually (yield ~1.01%), recently raised ~8%" |
| 124 | Computer Modelling Group | CMG | Software | ≈1%* | "small quarterly dividend yielding roughly 1%" |
| 125 | Tecsys | TCS | Software | ≈1%* | "small dividend yielding roughly 1%" |
| 126 | Andlauer Healthcare Group | AND | Industrials | ≈1%* | "small dividend yielding roughly 1%" |
| 127 | Stantec | STN | Industrials | ≈0.97%* | "Pays C$0.98 per share annually (yield ~0.97%)" |
| 128 | Alimentation Couche-Tard | ATD | Consumer Staples | ≈0.95%* | "Yield around 0.95% on a C$0.86/yr payout" |
| 129 | Loblaw Companies | L | Consumer Staples | ≈0.94%* | "Yield around 0.94% (roughly C$0.62/yr)"; long record of annual increases |
| 130 | Fairfax Financial Holdings | FFH | Insurance | ≈0.9%* | "single annual dividend of US$15 per share ... yield of about 0.9%" |
| 131 | Osisko Gold Royalties | OR | Gold & Precious Metals | ≈0.9%* | "a modest and steadily rising quarterly dividend (yield ~0.9%)" |
| 132 | Waste Connections | WCN | Industrials | ≈0.85%* | "~US$1.40/year, yield ≈0.85%"; long record of double-digit increases |
| 133 | WSP Global | WSP | Industrials | ≈0.84%* | "Dividend of C$1.50/year, yield ≈0.84%" |
| 134 | Canadian Pacific Kansas City | CP | Industrials | ≈0.76%* | "Dividend of ~US$0.69/year, yield ≈0.76%" |
| 135 | Franco-Nevada | FNV | Gold & Precious Metals | ≈0.75%* | "US$1.64 per share annualized (~0.75% yield)" |
| 136 | Kinross Gold | K | Gold & Precious Metals | ≈0.7%* | "about US$0.16 a year, a modest ~0.7% yield" |
| 137 | Eldorado Gold | ELD | Gold & Precious Metals | ≈0.7%* | "About US$0.23 a year, a ~0.7% yield" |
| 138 | CGI Inc. | GIB.A | Software | ≈0.7%* | "~C$0.68/share annualized for a slim ~0.7% yield" |
| 139 | Wheaton Precious Metals | WPM | Gold & Precious Metals | ≈0.62%* | "the current yield is a modest ~0.62%" |
| 140 | Brookfield Corporation | BN | Diversified Financials | ≈0.6%* | "US$0.26/yr, ~0.6% yield" |
| 141 | Teck Resources | TECK.B | Materials & Mining | ≈0.6%* | "about C$0.36/share, a thin ~0.6% yield" |
| 142 | Alamos Gold | AGI | Gold & Precious Metals | ≈0.5%* | "About US$0.13 a year, a small ~0.5% yield" |
| 143 | Dundee Precious Metals | DPM | Gold & Precious Metals | ≈0.46%* | "about US$0.22/year, yield ≈0.46%" |
| 144 | Onex Corporation | ONEX | Diversified Financials | ≈0.4%* | "token dividend yielding only ~0.4%"; returns capital via buybacks |
| 145 | Lundin Mining | LUN | Materials & Mining | ≈0.3%* | "recent yield around 0.3%" |
| 146 | Silvercorp Metals | SVM | Gold & Precious Metals | ≈0.25%* | "a small token dividend (roughly a quarter-percent yield)" |
| 147 | Dollarama Inc. | DOL | Retail | ≈0.25%* | "~C$0.48/share annually, ~0.25% yield — a token payout" |
| 148 | Cameco | CCO | Materials & Mining | ≈0.2%* | "about C$0.24/share annually, ~0.2% yield" |
| 149 | GFL Environmental | GFL | Industrials | ≈0.16%* | "Token dividend of ~C$0.07/year, yield ≈0.16%" |
| 150 | Hudbay Minerals | HBM | Materials & Mining | ≈0.1%* | "roughly US$0.01 per quarter (~0.1% yield)" |
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