Highest dividend yield Canadian stocks
TELUS Corporation (T.TO) ranks first among 44 Canadian stocks Fisclear covers, with dividend yield of 13.08%, ahead of BCE Inc. at 6.53%.
Data as of 9 October 2026. Rankings update automatically as company reports refresh.
| # | Company | Dividend yield |
|---|---|---|
| 1 | TELUS CorporationT.TO | 13.08% |
| 2 | BCE Inc.BCE.TO | 6.53% |
| 3 | Enbridge Inc.ENB.TO | 5.83% |
| 4 | Algonquin Power & Utilities Corp.AQN.TO | 5.01% |
| 5 | Emera IncorporatedEMA.TO | 4.49% |
| 6 | Brookfield Asset Management Ltd.BAM.TO | 4.35% |
| 7 | TC Energy CorporationTRP.TO | 4.10% |
| 8 | Whitecap Resources Inc.WCP.TO | 3.90% |
| 9 | Canadian Utilities LimitedCU.TO | 3.76% |
| 10 | Canadian Tire Corporation, LimitedCTC-A.TO | 3.74% |
| 11 | The Bank of Nova ScotiaBNS.TO | 3.62% |
| 12 | Canadian Natural Resources LimitedCNQ.TO | 3.53% |
| 13 | Fortis Inc.FTS.TO | 3.37% |
| 14 | Manulife Financial CorporationMFC.TO | 3.20% |
| 15 | Power Corporation of CanadaPOW.TO | 3.00% |
| 16 | Bank of MontrealBMO.TO | 2.95% |
| 17 | Quebecor Inc.QBR-B.TO | 2.89% |
| 18 | Hydro One LimitedH.TO | 2.78% |
| 19 | Canadian Imperial Bank of CommerceCM.TO | 2.75% |
| 20 | The Toronto-Dominion BankTD.TO | 2.73% |
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How this list is built
Forward dividend yield: the expected annual dividend as a share of today's price. A yield is only ranked when it roughly matches the dividends actually paid over the past year, so one-off special dividends and data errors don't top the list. Yields above 15% are excluded.
It ranks the 44 Canadian stocks in Fisclear's coverage with reliable data for this measure, not every listed company. Reports that fail our data sanity checks are left out. See the methodology. This is information, not investment advice.