Canada's Best Dividend Stocks of 2016: Top 100

Top 100 Dividend Stocks of 2016

Search and sort through the top 100 stocks to retire on

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Top 100 Dividend Stocks

Name Name Ticker Industry Price (Sept 1, 2016) Price (Sept 1, 2016) Market Cap ($M) Dividend Yield Dividend Yield Dividend Growth (5Yr Avg) Price/ Earnings Dividends/ Earnings Debt/ Equity Price/ Cash Flow Price/ Book One-Year Total Return Five-Year Total Return Grade Grade
Agnico Eagle Mines Agnico Eagle Mines AEM Metals & Mining $68.15 $68.15 $15,303 0.8% 0.8% -9.0% 324.97 250% 28% 17.30 2.65 115.5% 9.0% F F
Algonquin Power Algonquin Power AQN Utilities $12.01 $12.01 $3,282 4.6% 4.6% 14.0% 28.42 131% 102% 9.91 2.06 33.6% 161.9% D D
Alimentation Couche-Tard Alimentation Couche-Tard ATD.B Retail – Consumer Staples $68.06 $68.06 $38,702 0.5% 0.5% 31.7% 24.35 11% 54% 15.50 5.59 20.6% 623.7% D D
AltaGas AltaGas ALA Oil, Gas & Coal $34.13 $34.13 $5,590 6.2% 6.2% 8.5% 131.27 808% 83% 12.58 1.43 2.0% 55.0% C C
ARC Resources ARC Resources ARX Oil, Gas & Coal $22.92 $22.92 $8,061 2.6% 2.6% -6.7% 30% 12.14 2.38 27.0% 17.6% F F
ATCO ATCO ACO.X Utilities $48.30 $48.30 $5,534 2.4% 2.4% 14.1% 25.03 59% 121% 4.28 1.65 28.9% 71.4% C C
Bank of Montreal Bank of Montreal BMO Banking $87.02 $87.02 $56,116 4.0% 4.0% 3.7% 12.89 51% 201% 9.96 1.50 32.1% 78.3% A A
Bank of Nova Scotia Bank of Nova Scotia BNS Banking $70.08 $70.08 $84,434 4.2% 4.2% 7.1% 12.32 52% 221% 5.57 1.66 26.2% 59.3% A A
Barrick Gold Barrick Gold ABX Metals & Mining $23.31 $23.31 $27,164 0.5% 0.5% -30.1% 93% 7.07 2.82 163.9% -50.2% F F
BCE BCE BCE Telecom $61.35 $61.35 $53,356 4.5% 4.5% 6.7% 19.41 86% 121% 8.03 4.29 23.7% 102.1% C C
Brookfield Asset Management Brookfield Asset Management BAM.A Real Estate $44.28 $44.28 $43,719 1.5% 1.5% 8.4% 25.59 39% 107% 11.91 1.50 12.2% 161.7% D D
CAE CAE CAE Aerospace & Defense $18.66 $18.66 $5,015 1.7% 1.7% 13.4% 19.85 34% 64% 11.24 2.71 34.1% 93.8% D D
Cameco Cameco CCO Metals & Mining $11.95 $11.95 $4,730 3.4% 3.4% 0.0% 33% 258.19 0.89 -30.7% -41.7% D D
Canadian National Railway Canadian National Railway CNR Transportation & Logistics $84.72 $84.72 $65,446 1.8% 1.8% 18.2% 18.58 33% 70% 12.66 4.42 20.2% 156.4% D D
Canadian Natural Resources Canadian Natural Resources CNQ Oil, Gas & Coal $40.78 $40.78 $44,920 2.3% 2.3% 22.8% 66% 10.17 1.72 50.0% 26.0% D D
Canadian Pacific Railway Canadian Pacific Railway CP Transportation & Logistics $201.43 $201.43 $29,742 1.0% 1.0% 6.9% 20.49 20% 183% 15.16 6.37 9.5% 281.0% D D
Canadian Tire Canadian Tire CTC.A Retail – Discretionary $135.66 $135.66 $9,993 1.7% 1.7% 16.8% 15.04 25% 75% 13.88 2.06 12.9% 168.6% D D
Canadian Utilities Canadian Utilities CU Utilities $37.84 $37.84 $10,133 3.4% 3.4% 9.9% 24.11 83% 134% 7.71 2.26 11.4% 48.1% D D
CCL Industries CCL Industries CCL.B Containers & Packaging $250.77 $250.77 $8,780 0.8% 0.8% 20.6% 27.74 22% 103% 20.81 5.36 43.5% 791.6% D D
Cenovus Energy Cenovus Energy CVE Oil, Gas & Coal $19.11 $19.11 $15,922 1.1% 1.1% -12.1% 20.55 22% 53% 12.73 1.36 9.9% -36.2% D D
CI Financial CI Financial CIX Asset Management $25.03 $25.03 $6,855 5.5% 5.5% 9.3% 13.46 74% 34% 11.44 3.72 -13.6% 49.8% C C
CIBC CIBC CM Banking $104.12 $104.12 $41,118 4.7% 4.7% 6.0% 10.08 47% 103% 6.78 1.91 15.6% 72.4% A A
Cineplex Cineplex CGX Recreation Facilities $50.76 $50.76 $3,223 3.2% 3.2% 4.5% 25.00 80% 59% 16.83 4.32 11.3% 135.4% C C
Cogeco Communications Cogeco Communications CCA Media $63.98 $63.98 $3,158 2.4% 2.4% 17.1% 211% 4.15 2.20 1.3% 58.5% F F
Constellation Software Constellation Software CSU Software $577.99 $577.99 $12,248 0.9% 0.9% 14.9% 50.40 46% 99% 22.84 25.13 3.9% 800.6% D D
Cott Cott BCB Consumer Products $20.96 $20.96 $2,889 1.5% 1.5% 533.05 800% 203% 7.31 2.23 59.2% 200.8% F F
Crescent Point Energy Crescent Point Energy CPG Oil, Gas & Coal $19.80 $19.80 $10,043 1.8% 1.8% -22.3% 44% 5.48 1.05 29.0% -36.0% D D
DH DH DH Software $29.90 $29.90 $3,194 4.3% 4.3% 0.6% 58.63 251% 90% 11.73 1.48 -24.5% 106.8% D D
Dollarama Dollarama DOL Retail – Consumer Staples $101.19 $101.19 $12,024 0.4% 0.4% 53.2% 30.03 12% 476% 23.55 47.82 33.3% 533.8% D D
Element Financial Element Financial EFN Specialty Finance $13.57 $13.57 $5,248 0.7% 0.7% 19.67 14% 328% 1.07 -27.1% 224.8% D D
Emera Emera EMA Utilities $47.86 $47.86 $9,595 4.4% 4.4% 8.4% 14.76 64% 275% 9.16 2.02 12.5% 83.5% C C
Empire Empire EMP.A Retail – Consumer Staples $21.44 $21.44 $5,924 1.9% 1.9% 7.9% 64% 7.28 1.61 -26.7% 21.7% D D
Enbridge Enbridge ENB Oil, Gas & Coal $51.79 $51.79 $48,384 4.1% 4.1% 16.7% 36.22 148% 168% 9.20 3.53 2.4% 86.5% D D
Encana Encana ECA Oil, Gas & Coal $12.32 $12.32 $10,471 0.6% 0.6% -40.4% 117% 6.97 1.63 40.3% -42.8% F F
Fairfax Financial Fairfax Financial FFH Insurance $754.00 $754.00 $18,536 1.7% 1.7% 0.0% 19.30 34% 30% 1.42 27.1% 110.8% D D
Finning International Finning International FTT Industrial Services $23.48 $23.48 $3,947 3.1% 3.1% 7.9% 81% 6.03 2.09 15.1% 9.5% D D
First Capital Realty First Capital Realty FCR Real Estate $22.20 $22.20 $5,391 3.9% 3.9% 1.5% 16.95 66% 97% 21.36 1.32 31.0% 65.1% D D
First Quantum Minerals First Quantum Minerals FM Metals & Mining $10.05 $10.05 $6,928 0.1% 0.1% -38.7% 48% 3.50 0.56 64.0% -57.0% F F
Fortis Fortis FTS Utilities $41.54 $41.54 $11,817 3.6% 3.6% 5.5% 21.09 76% 119% 6.94 1.47 22.3% 53.6% B B
Franco-Nevada Franco-Nevada FNV Metals & Mining $94.03 $94.03 $16,670 1.2% 1.2% 12.4% 224.19 275% 0% 38.83 3.07 69.9% 137.7% D D
Genworth MI Canada Genworth MI Canada MIC Insurance $33.99 $33.99 $3,122 4.9% 4.9% 10.1% 8.58 42% 12% 5.41 0.88 22.8% 104.3% A A
George Weston George Weston WN Retail – Consumer Staples $114.44 $114.44 $14,636 1.5% 1.5% 4.1% 32.15 49% 92% 4.82 2.18 7.7% 85.2% D D
Gildan Activewear Gildan Activewear GIL Apparel & Textile $38.46 $38.46 $8,913 1.1% 1.1% 15.5% 20.24 22% 36% 15.10 3.35 -3.9% 206.6% D D
Goldcorp Goldcorp G Metals & Mining $20.42 $20.42 $17,426 0.5% 0.5% -16.7% 24% 11.38 1.01 13.6% -56.9% D D
Great-West Lifeco Great-West Lifeco GWO Insurance $31.44 $31.44 $31,216 4.4% 4.4% 2.1% 11.59 51% 22% 5.41 1.65 -1.0% 79.4% A A
Hudson’s Bay Hudson’s Bay HBC Retail – Discretionary $18.10 $18.10 $3,298 1.1% 1.1% 9.61 11% 136% 1.21 -17.3% D D
Hydro One Hydro One H Utilities $26.19 $26.19 $15,583 3.2% 3.2% 22.11 71% 106% 1.64 C C
IGM Financial IGM Financial IGM Asset Management $36.25 $36.25 $8,718 6.2% 6.2% 1.9% 12.37 77% 28% 14.13 1.96 8.8% 7.1% B B
Imperial Oil Imperial Oil IMO Oil, Gas & Coal $40.02 $40.02 $33,921 1.5% 1.5% 5.7% 114.34 171% 39% 16.96 1.47 -8.8% 5.6% D D
Industrial Alliance Insurance Industrial Alliance Insurance IAG Insurance $46.87 $46.87 $4,809 2.7% 2.7% 4.8% 13.51 37% 20% 6.93 1.25 20.1% 56.3% B B
Intact Financial Intact Financial IFC Insurance $96.30 $96.30 $12,630 2.4% 2.4% 9.3% 22.94 55% 24% 13.73 2.37 9.1% 101.1% D D
Inter Pipeline Inter Pipeline IPL Oil, Gas & Coal $28.52 $28.52 $10,250 5.5% 5.5% 10.3% 20.97 115% 159% 11.60 3.57 13.6% 126.4% D D
Jean Coutu Jean Coutu PJC.A Retail – Consumer Staples $19.38 $19.38 $3,593 2.5% 2.5% 14.9% 16.85 42% 0% 14.39 3.12 -3.1% 80.7% D D
Keyera Keyera KEY Oil, Gas & Coal $41.27 $41.27 $7,537 3.9% 3.9% 10.1% 27.37 105% 78% 14.80 4.18 9.6% 117.6% D D
Linamar Linamar LNR Automotive $53.84 $53.84 $3,510 0.7% 0.7% 5.9% 7.22 5% 74% 4.52 1.47 -18.2% 276.5% B B
Loblaw Loblaw L Retail – Consumer Staples $71.53 $71.53 $29,008 1.5% 1.5% 3.8% 54.68 80% 90% 10.78 2.30 5.3% 113.3% D D
MacDonald Dettwiler MacDonald Dettwiler MDA Hardware $86.53 $86.53 $3,141 1.7% 1.7% 24.2% 24.65 42% 87% 17.25 2.94 14.9% 98.2% D D
Magna International Magna International MG Automotive $52.65 $52.65 $20,483 2.5% 2.5% 14.9% 7.62 19% 33% 6.14 1.64 -13.8% 223.2% B B
Manulife Financial Manulife Financial MFC Insurance $17.86 $17.86 $35,236 4.1% 4.1% 6.9% 14.17 59% 76% 2.98 0.92 -8.6% 61.4% B B
Maple Leaf Foods Maple Leaf Foods MFI Consumer Products $29.24 $29.24 $3,938 1.2% 1.2% 16.3% 32.13 40% 1% 17.44 1.88 37.8% 182.5% C C
Methanex Methanex MX Chemicals $39.20 $39.20 $3,520 3.7% 3.7% 10.1% 43.98 162% 83% 9.55 1.63 -22.0% 74.5% C C
Metro Metro MRU Retail – Consumer Staples $44.64 $44.64 $10,542 1.3% 1.3% 16.6% 19.16 24% 46% 14.61 3.92 31.8% 212.0% D D
National Bank of Canada National Bank of Canada NA Banking $46.57 $46.57 $15,726 4.7% 4.7% 10.2% 13.38 63% 310% 1.47 1.64 15.8% 58.7% B B
Northland Power Northland Power NPI Utilities $23.92 $23.92 $4,089 4.5% 4.5% 0.0% 458% 11.84 6.64 57.8% 103.4% F F
Onex Onex OCX Asset Management $80.30 $80.30 $8,289 0.3% 0.3% 18.4% 1425% 5.01 0.5% 134.6% F F
Open Text Open Text OTC Software $82.66 $82.66 $10,039 1.5% 1.5% 26.95 39% 108% 14.56 3.87 40.4% 206.5% F F
Pan American Silver Pan American Silver PAA Metals & Mining $23.64 $23.64 $3,598 0.3% 0.3% -12.3% 3% 22.26 2.06 167.4% -16.0% F F
Pembina Pipeline Pembina Pipeline PPL Oil, Gas & Coal $39.21 $39.21 $15,182 4.9% 4.9% 3.7% 35.97 176% 44% 14.26 2.28 16.7% 97.9% D D
Peyto Exploration Peyto Exploration PEY Oil, Gas & Coal $37.85 $37.85 $6,231 3.5% 3.5% 6.6% 46.00 160% 63% 11.86 3.76 31.1% 106.4% D D
Power Corp of Canada Power Corp of Canada POW Insurance $27.68 $27.68 $12,822 4.8% 4.8% 1.8% 11.31 55% 23% 2.08 1.05 3.1% 46.0% B B
Power Financial Power Financial PWF Insurance $30.23 $30.23 $21,561 5.2% 5.2% 1.8% 11.41 59% 46% 3.41 1.34 1.0% 44.4% C C
Quebecor Quebecor QBR.B Telecom $39.92 $39.92 $4,879 0.5% 0.5% 9.9% 37.53 17% 897% 4.06 14.35 46.9% 150.7% D D
Restaurant Brands Restaurant Brands QSR Restaurants $63.52 $63.52 $29,292 1.3% 1.3% 43.66 58% 128% 8.67 6.66 30.6% F F
Ritchie Bros Auctioneers Ritchie Bros Auctioneers RBA Industrial Services $45.48 $45.48 $4,849 2.0% 2.0% 8.6% 27.32 54% 16% 93.46 5.19 34.0% 133.3% D D
Rogers Communications Rogers Communications RCI.B Telecom $56.80 $56.80 $29,250 3.4% 3.4% 7.3% 20.81 70% 290% 7.09 4.93 35.0% 83.3% D D
Royal Bank of Canada Royal Bank of Canada RY Banking $81.46 $81.46 $120,975 4.1% 4.1% 9.4% 11.84 48% 250% 5.51 1.93 19.1% 103.0% B B
Saputo Saputo SAP Consumer Products $44.10 $44.10 $17,324 1.4% 1.4% 11.6% 27.06 37% 39% 16.33 4.23 51.0% 149.9% D D
Shaw Communications Shaw Communications SJR.B Media $26.38 $26.38 $12,943 4.5% 4.5% 5.7% 9.56 43% 90% 7.64 2.14 6.4% 52.0% B B
Silver Wheaton Silver Wheaton SLW Metals & Mining $34.35 $34.35 $15,121 0.8% 0.8% 10.8% 15% 22.47 2.38 122.2% -5.8% D D
SNC-Lavalin Group SNC-Lavalin Group SNC Engineering & Construction $56.07 $56.07 $8,422 1.9% 1.9% 5.2% 17.31 32% 23% 92.76 2.23 47.8% 20.8% D D
Stantec Stantec STN Engineering & Construction $31.25 $31.25 $3,560 1.4% 1.4% 23.50 34% 59% 11.73 1.91 4.4% 184.5% D D
Stella-Jones Stella-Jones SJ Construction Materials $45.64 $45.64 $3,160 0.9% 0.9% 24.9% 19.42 17% 78% 39.45 3.37 2.4% 394.8% D D
Sun Life Financial Sun Life Financial SLF Insurance $41.29 $41.29 $25,304 3.9% 3.9% 2.0% 12.40 49% 20% 5.43 1.36 5.2% 97.1% A A
Suncor Energy Suncor Energy SU Oil, Gas & Coal $35.20 $35.20 $58,589 3.3% 3.3% 22.5% 39% 10.09 1.32 1.7% 28.4% C C
TD Bank TD Bank TD Banking $58.67 $58.67 $108,864 3.8% 3.8% 10.8% 13.21 50% 158% 1.65 19.2% 79.5% A A
Teck Resources Teck Resources TCK.B Metals & Mining $21.61 $21.61 $12,455 0.5% 0.5% -30.1% 54% 8.60 0.76 155.5% -41.6% F F
TELUS TELUS T Telecom $43.63 $43.63 $25,818 4.2% 4.2% 10.9% 18.26 77% 156% 7.80 3.20 8.3% 97.9% C C
TMX Group TMX Group X Institutional Financial Services $57.04 $57.04 $3,109 2.8% 2.8% 0.0% 35% 13.16 1.09 27.8% D D
Toromont Industries Toromont Industries TIH Industrial Services $40.13 $40.13 $3,135 1.8% 1.8% 3.8% 20.58 37% 19% 29.36 3.87 20.0% 150.8% D D
TransAlta Renewables TransAlta Renewables RNW Utilities $14.22 $14.22 $3,187 6.2% 6.2% 21.88 135% 48% 11.91 1.50 42.0% D D
TransCanada TransCanada TRP Oil, Gas & Coal $60.42 $60.42 $48,327 3.7% 3.7% 5.8% 237% 9.52 3.07 43.6% 75.0% D D
Veresen Veresen VSN Oil, Gas & Coal $13.01 $13.01 $4,061 7.7% 7.7% 0.0% 100.08 769% 42% 14.55 1.70 9.4% 39.2% D D
Vermilion Energy Vermilion Energy VET Oil, Gas & Coal $48.50 $48.50 $5,656 5.3% 5.3% 2.5% 84% 11.24 3.45 16.9% 37.3% D D
Waste Connections Waste Connections WCN Waste Services $101.89 $101.89 $17,873 0.8% 0.8% 14.1% 53.00 40% 68% 10.66 2.45 40.6% 147.9% D D
West Fraser Timber West Fraser Timber WFT Construction Materials $44.16 $44.16 $3,525 0.6% 0.6% 7.0% 19.89 13% 28% 11.24 1.74 -9.7% 119.8% C C
WestJet Airlines WestJet Airlines WJA Passenger Transportation $24.45 $24.45 $2,931 2.3% 2.3% 30.1% 10.45 24% 102% 3.75 1.49 6.6% 90.9% B B
Whitecap Resources Whitecap Resources WCP Oil, Gas & Coal $10.06 $10.06 $3,698 2.8% 2.8% 28% 7.34 1.24 -2.6% 82.3% D D
Winpak Winpak WPK Containers & Packaging $44.21 $44.21 $2,874 0.3% 0.3% 68.3% 21.48 6% 0% 17.17 3.35 13.9% 337.1% D D
WSP Global WSP Global WSP Engineering & Construction $43.44 $43.44 $4,380 3.5% 3.5% 0.0% 28.96 100% 37% 13.00 1.56 6.7% 123.1% D D
Yamana Gold Yamana Gold YRI Metals & Mining $5.57 $5.57 $5,278 0.5% 0.5% -30.1% 34% 5.50 0.82 141.7% -61.1% F F

 

 


While we’re pleased with our long-term track record, we can’t guarantee that you’ll make a fortune with every A- or B-rated stock. The market is just too wild and woolly for that. Nonetheless, we do think they deserve your attention and further research.

Norm Rothery, CFA, PhD, is the founder of StingyInvestor.com and tweets as @NormanRothery. He may hold some of the securities mentioned in this article.

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