Overview Dividend All-Stars Top 100 Dividend Stocks Past Performance Methodology

How To Use This Table

J U M P A H E A D

DIVIDEND 100

We packed a plethora of information about the Dividend All-Stars into the tables. Use them to learn more about our high-grade stocks and the runners-up.

We awarded grades based on hard data, starting with dividend yield. Stocks with generous yields get better grades. We also like stocks that have boosted their dividends over the last five years. Both of these important metrics are shown in separate columns.

Because we want to sleep well at night, we reward firms that earn more than they pay out in dividends. You can spot them using the dividends-to-earnings ratio. We also want to avoid stocks that have loaded up their balance sheets with debt. Companies with low debt-to-equity ratios compared to their peers get higher grades. Both ratios are displayed in separate columns along with one showing each company’s industry group.

We’re always on the hunt for bargains. That’s why we award higher grades to stocks trading at reasonable price-to-book-value and price-to-earnings ratios. Both are classic value ratios.

All of these factors are combined to determine each stock’s grade. The very best get an A. Good candidates land a B while solid firms get a C. Stocks that lack these qualities take home a D or even an F. Remember, our grades are based purely on the numbers. Intangible and more qualitative considerations don’t enter into it.

We also include extra information in our tables for the curious. The market capitalization of each stock (shares outstanding times price per share) is a handy measure of a stock’s size. Value investors also like to consider price-to-cash flow ratios when searching for deals. We round out the tables with columns showing one- and five-year total returns, which indicate where a stock has been.

Use these tables as a starting point for your own investigations. Focus on the facts and figures that mean the most to you.

APPLE-3

Top 100 Dividend Stocks

Name	Ticker	Industry Group	Market Cap ($M)	Price (Sept. 6, 2017)	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
Bank of Montreal	BMO	Banking	$57,733	$89.00	4.0%	4.7%	10.91	44%	216%	-	1.49	6.6%	90.2%	A
CIBC	CM	Banking	$45,995	$104.98	5.0%	6.7%	9.53	47%	128%	4.51	1.63	6.0%	70.3%	A
Great-West Life	GWO	Insurance	$34,048	$34.40	4.3%	3.3%	13.45	57%	22%	5.78	1.72	15.0%	93.0%	A
Power	POW	Insurance	$14,234	$30.69	4.7%	3.6%	10.38	48%	25%	2.29	1.07	17.3%	59.7%	A
Power Financial	PWF	Insurance	$24,138	$33.84	4.9%	2.8%	11.05	54%	46%	3.75	1.38	18.7%	68.8%	A
Sun Life Financial	SLF	Insurance	$28,739	$46.83	3.7%	3.5%	11.10	41%	19%	8.60	1.43	19.2%	146.5%	A
TD Bank	TD	Banking	$123,061	$66.56	3.6%	10.4%	12.58	45%	167%	-	1.83	17.5%	95.9%	A
ARC Resources	ARX	Oil, Gas & Coal	$5,845	$16.53	3.6%	-12.9%	12.72	46%	27%	9.03	1.60	-26.2%	-11.6%	B
Bank of Nova Scotia	BNS	Banking	$91,723	$76.55	4.1%	7.0%	11.83	49%	228%	3.42	1.72	12.8%	78.1%	B
CI Financial	CIX	Asset Management	$7,257	$27.29	5.2%	8.3%	14.83	77%	55%	11.35	4.30	12.7%	45.2%	B
E-L Financial	ELF	Insurance	$3,376	$839.98	0.6%	58.5%	5.27	3%	8%	10.50	0.64	24.0%	126.8%	B
Fortis	FTS	Utilities	$18,943	$45.33	3.5%	6.1%	19.87	70%	129%	7.81	1.38	12.8%	66.7%	B
Genworth MI Canada	MIC	Insurance	$3,273	$35.60	4.9%	1.2%	6.62	33%	11%	7.39	0.85	9.6%	131.7%	B
Imperial Oil	IMO	Oil, Gas & Coal	$31,586	$37.41	1.7%	5.7%	11.76	20%	21%	13.40	1.26	-6.5%	-14.3%	B
Industrial Alliance Insurance	IAG	Insurance	$5,603	$52.60	2.7%	6.9%	10.21	27%	20%	-	1.24	14.6%	117.0%	B
Linamar	LNR	Automotive	$4,611	$70.62	0.7%	7.5%	8.45	6%	52%	4.89	1.58	31.0%	253.6%	B
Magna International	MG	Automotive	$21,937	$59.22	2.3%	21.3%	8.65	20%	31%	5.48	1.67	14.4%	196.8%	B
Manulife Financial	MFC	Insurance	$47,316	$23.92	3.4%	9.0%	13.00	45%	71%	2.22	1.20	39.2%	144.8%	B
National Bank	NA	Banking	$19,387	$56.82	4.1%	8.4%	11.76	48%	267%	8.29	1.84	25.2%	92.1%	B
Suncor Energy	SU	Oil, Gas & Coal	$66,017	$39.79	3.2%	21.1%	24.41	79%	36%	8.22	1.47	16.0%	43.4%	B
Thomson Reuters	TRI	Technology Services	$39,816	$55.71	3.0%	7.3%	11.11	34%	54%	14.98	2.57	5.4%	137.2%	B
Whitecap Resources	WCP	Oil, Gas & Coal	$3,366	$9.10	3.1%	-	11.12	34%	24%	7.46	1.05	-7.9%	57.8%	B
Algonquin Power	AQN	Utilities	$5,137	$13.43	4.3%	16.1%	32.78	140%	119%	12.04	1.92	16.0%	155.4%	C
AltaGas	ALA	Oil, Gas & Coal	$6,951	$27.55	7.6%	8.9%	42.56	324%	76%	8.92	1.36	-14.3%	11.8%	C
ATCO	ACO.X	Utilities	$5,191	$45.26	2.9%	14.9%	16.40	47%	118%	3.54	1.45	-5.1%	33.4%	C
BCE	BCE	Telecom	$52,761	$58.60	4.9%	5.7%	18.09	89%	123%	7.44	3.58	-0.5%	68.7%	C
Brookfield Asset Management	BAM.A	Real Estate	$47,035	$47.57	1.4%	15.0%	29.61	43%	102%	10.73	1.67	10.1%	135.0%	C
Canadian Tire	CTC.A	Retail - Discretionary	$10,188	$145.09	1.8%	16.5%	14.54	26%	84%	10.34	2.10	9.0%	118.5%	C
Element Fleet Management	EFN	Industrial Services	$3,474	$8.96	3.4%	-	13.17	44%	352%	-	1.04	-17.2%	95.9%	C
Empire	EMP.A	Retail - Consumer Staples	$5,246	$19.31	2.2%	6.2%	33.29	72%	51%	8.42	1.44	-8.9%	9.3%	C
Enbridge	ENB	Oil, Gas & Coal	$82,130	$49.90	4.9%	16.4%	36.16	177%	92%	10.36	1.60	-5.8%	52.4%	C
First Capital Realty	FCR	Real Estate	$4,881	$20.01	4.3%	1.5%	7.86	34%	90%	20.06	1.07	-7.9%	29.7%	C
George Weston	WN	Retail - Consumer Staples	$13,517	$105.67	1.7%	4.3%	22.39	39%	91%	4.66	1.95	-6.1%	82.4%	C
Hydro One	H	Utilities	$13,753	$23.10	3.8%	-	21.19	81%	112%	7.95	1.43	-9.2%	-	C
IGM Financial	IGM	Asset Management	$9,770	$40.61	5.5%	0.9%	12.09	67%	40%	14.68	2.08	16.1%	35.5%	C
Royal Bank	RY	Banking	$132,512	$90.89	4.0%	8.9%	12.35	49%	236%	3.76	2.02	15.6%	97.7%	C
Teck Resources	TECK.B	Metals & Mining	$17,121	$29.62	0.7%	-28.5%	8.20	6%	34%	3.80	0.93	29.6%	24.9%	C
TMX Group	X	Institutional Financial Services	$3,729	$67.38	3.0%	4.6%	18.02	53%	31%	12.83	1.24	20.6%	-	C
Agnico Eagle Mines	AEM	Metals & Mining	$14,332	$61.78	0.8%	-7.3%	45.80	36%	28%	14.09	2.40	-13.2%	39.3%	D
Alimentation Couche-Tard	ATD.B	Retail - Consumer Staples	$34,625	$61.03	0.6%	29.4%	22.61	13%	119%	13.90	4.34	-9.7%	276.1%	D
Barrick Gold	ABX	Metals & Mining	$25,454	$21.83	0.7%	-27.3%	8.79	6%	64%	7.96	2.15	-10.1%	-39.2%	D
BRP	DOO	Leisure Products	$4,349	$39.75	0.8%	-	15.00	12%	0%	7.63	-	59.3%	-	D
CAE	CAE	Aerospace & Defense	$5,501	$20.45	1.8%	14.9%	22.23	39%	58%	14.00	2.66	11.0%	121.1%	D
Cameco	CCO	Metals & Mining	$4,868	$12.30	3.3%	0.0%	-	-	29%	7.03	0.95	3.9%	-35.7%	D
Canadian Natural Resources	CNQ	Oil, Gas & Coal	$48,623	$40.02	2.8%	21.4%	29.21	80%	75%	8.22	1.57	-0.7%	50.9%	D
Canadian Utilities	CU	Utilities	$10,544	$39.00	3.7%	10.1%	18.22	67%	131%	8.45	2.16	6.0%	34.9%	D
CCL Industries	CCL.B	Containers & Packaging	$10,045	$56.93	0.8%	23.8%	26.07	21%	135%	14.42	5.16	13.8%	720.4%	D
Cenovus Energy	CVE	Oil, Gas & Coal	$12,643	$10.29	1.9%	-25.0%	4.33	8%	68%	4.96	0.44	-45.1%	-64.3%	D
CN Railway	CNR	Transportation & Logistics	$74,652	$99.22	1.7%	17.3%	19.42	32%	70%	13.47	4.96	20.3%	138.4%	D
Cogeco Communications	CCA	Media	$4,605	$93.07	1.9%	11.5%	15.11	28%	175%	5.25	2.96	47.3%	184.3%	D
Constellation Software	CSU	Software	$14,417	$680.31	0.7%	5.6%	52.34	38%	70%	23.90	22.84	21.5%	626.6%	D
CP Railway	CP	Transportation & Logistics	$28,298	$193.08	1.2%	10.5%	17.24	20%	158%	12.41	5.29	-2.2%	145.3%	D
Crescent Point Energy	CPG	Oil, Gas & Coal	$4,773	$8.75	4.1%	-33.5%	-	-	42%	2.93	0.49	-54.7%	-70.9%	D
Dollarama	DOL	Retail - Consumer Staples	$13,694	$121.76	0.4%	16.0%	29.20	11%	0%	24.87	-	22.2%	311.9%	D
Emera	EMA	Utilities	$10,125	$47.73	4.4%	9.1%	26.97	118%	225%	8.98	1.65	3.7%	70.0%	D
Encana	ECA	Oil, Gas & Coal	$11,318	$11.63	0.6%	-37.1%	11.01	7%	62%	12.57	1.36	-8.5%	-40.1%	D
Fairfax Financial	FFH	Insurance	$18,430	$622.03	2.0%	5.2%	-	-	38%	3.52	1.34	-14.8%	90.6%	D
Finning International	FTT	Industrial Services	$4,697	$27.94	2.7%	6.4%	31.39	85%	81%	36.31	2.42	22.5%	36.0%	D
First Quantum Minerals	FM	Metals & Mining	$9,941	$14.42	0.1%	-44.4%	-	-	60%	10.04	0.89	39.7%	-25.8%	D
Franco-Nevada	FNV	Metals & Mining	$18,102	$101.34	1.1%	18.6%	104.60	116%	0%	27.61	3.23	5.2%	102.0%	D
Gildan Activewear	GIL	Apparel & Textile Products	$8,651	$38.54	1.2%	25.9%	19.05	23%	34%	11.25	3.37	1.2%	160.0%	D
Goldcorp	G	Metals & Mining	$14,668	$16.92	0.6%	-27.0%	25.08	15%	20%	13.20	0.86	-21.2%	-54.9%	D
Intact Financial	IFC	Insurance	$13,764	$101.61	2.5%	9.6%	19.98	50%	29%	13.37	2.41	9.2%	92.7%	D
Inter Pipeline	IPL	Oil, Gas & Coal	$8,659	$23.12	7.0%	9.4%	17.28	121%	170%	9.33	2.60	-13.1%	41.6%	D
Jean Coutu Group	PJC.A	Retail - Consumer Staples	$4,136	$22.44	2.3%	14.0%	20.97	49%	0%	20.14	3.34	18.9%	74.7%	D
Keyera	KEY	Oil, Gas & Coal	$6,685	$35.85	4.7%	9.9%	26.62	125%	95%	16.71	3.47	-8.2%	92.7%	D
Kirkland Lake Gold	KL	Metals & Mining	$3,388	$16.19	0.3%	-	33.57	8%	7%	7.86	2.73	76.9%	-	D
Loblaw	L	Retail - Consumer Staples	$25,823	$65.33	1.7%	4.6%	21.63	36%	91%	9.48	2.03	-7.6%	108.0%	D
Lundin Mining	LUN	Metals & Mining	$6,957	$9.57	1.3%	-	17.73	22%	26%	10.84	1.68	81.0%	108.8%	D
Maple Leaf Foods	MFI	Consumer Products	$4,365	$33.94	1.3%	21.3%	25.52	33%	0%	13.05	2.14	17.6%	223.4%	D
Methanex	MX	Chemicals	$5,330	$61.87	2.4%	16.2%	19.48	46%	84%	8.27	2.73	53.1%	140.3%	D
Metro	MRU	Retail - Consumer Staples	$8,987	$39.47	1.7%	17.6%	15.66	26%	53%	13.32	3.26	-10.3%	117.0%	D
Norbord	OSB	Construction Materials	$3,830	$44.47	4.5%	-	11.86	53%	70%	7.58	3.98	37.4%	241.4%	D
Northland Power	NPI	Utilities	$4,092	$23.60	4.6%	0.0%	18.88	86%	451%	6.12	5.74	3.4%	70.6%	D
Onex	ONEX	Asset Management	$9,811	$96.18	0.3%	20.7%	5.18	2%	496%	3.48	3.88	19.9%	150.6%	D
Open Text	OTEX	Software	$10,334	$39.11	1.7%	-	7.61	13%	73%	18.54	2.38	-2.8%	204.5%	D
Pan American Silver	PAAS	Metals & Mining	$3,517	$22.96	0.5%	-5.2%	24.00	13%	3%	12.44	1.97	-8.3%	41.9%	D
Parkland Fuel	PKI	Oil, Gas & Coal	$3,499	$26.82	4.3%	2.3%	67.38	290%	117%	25.12	2.20	-6.1%	102.9%	D
Pembina Pipeline	PPL	Oil, Gas & Coal	$15,987	$40.28	5.1%	4.4%	31.38	159%	57%	13.09	2.34	6.1%	91.9%	D
Peyto Exploration	PEY	Oil, Gas & Coal	$3,451	$20.93	6.3%	12.9%	24.40	154%	73%	6.65	2.10	-41.8%	21.5%	D
Quebecor	QBR.B	Telecom	$5,742	$47.54	0.5%	14.9%	23.42	11%	603%	5.11	10.24	18.2%	176.9%	D
Ritchie Bros Auctioneers	RBA	Industrial Services	$3,925	$36.65	2.3%	14.2%	63.58	145%	114%	12.52	4.50	-17.2%	123.6%	D
Rogers Communications	RCI.B	Telecom	$32,906	$63.96	3.0%	5.1%	31.82	96%	295%	9.01	5.71	16.0%	92.0%	D
Saputo	SAP	Consumer Products	$16,354	$42.35	1.5%	9.4%	21.94	33%	35%	19.80	3.77	-2.8%	121.2%	D
Shaw Communications	SJR.B	Media	$13,707	$27.58	4.3%	4.6%	26.02	112%	95%	8.34	2.46	9.8%	68.0%	D
SNC-Lavalin	SNC	Engineering & Construction	$9,393	$53.54	2.0%	4.4%	29.58	60%	16%	50.90	2.01	-2.4%	66.5%	D
Stantec	STN	Engineering & Construction	$3,933	$34.55	1.5%	25.9%	33.26	48%	42%	11.55	2.06	11.2%	123.3%	D
Stella-Jones	SJ	Construction Materials	$3,320	$47.89	0.9%	22.9%	23.86	22%	58%	14.19	3.14	8.8%	247.2%	D
TELUS	T	Telecom	$26,504	$44.62	4.4%	10.3%	21.25	94%	162%	7.33	3.16	6.5%	72.7%	D
Toromont Industries	TIH	Industrial Services	$4,197	$53.47	1.4%	10.3%	26.08	37%	16%	25.32	4.54	36.4%	189.7%	D
TransAlta Renewables	RNW	Utilities	$3,582	$14.30	6.6%	-	32.75	215%	48%	10.53	1.56	4.7%	-	D
TransCanada	TRP	Oil, Gas & Coal	$54,499	$62.34	4.0%	6.7%	54.21	217%	164%	9.69	2.65	9.1%	67.6%	D
Vermilion Energy	VET	Oil, Gas & Coal	$5,011	$41.35	6.2%	2.5%	66.08	412%	78%	7.98	3.04	-11.5%	18.7%	D
Waste Connections	WCN	Waste Services	$21,283	$80.73	0.7%	-2.8%	55.32	40%	70%	15.93	2.99	20.9%	205.3%	D
West Fraser Timber	WFT	Construction Materials	$5,026	$64.30	0.4%	0.0%	11.09	5%	16%	6.74	2.06	45.2%	133.7%	D
Wheaton Precious Metals	WPM	Metals & Mining	$11,143	$25.21	2.0%	1.1%	40.74	79%	19%	15.62	1.81	-31.1%	-23.1%	D
Winpak	WPK	Containers & Packaging	$3,362	$51.72	0.2%	0.0%	25.56	6%	0%	17.82	3.62	15.0%	270.1%	D
WSP Global	WSP	Engineering & Construction	$5,297	$51.55	2.9%	0.0%	22.81	66%	38%	15.36	1.80	21.7%	179.7%	D
Restaurant Brands	QSR	Restaurants	$34,276	$74.01	1.3%	-	41.33	55%	161%	11.37	7.42	20.3%	-	F
Yamana Gold	YRI	Metals & Mining	$3,527	$3.72	0.7%	-33.6%	-	-	35%	5.61	0.64	-39.6%	-76.1%	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, tweets as @NormanRothery. He may hold some of the securities mentioned in this article.

Illustration by Sam Irland