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Over the last 7 days, the Canadian market has remained flat, yet it is up 21% over the past year with earnings forecast to grow by 16% annually. In this context, dividend stocks that offer consistent payouts and potential for growth are particularly appealing to investors seeking stability and income in a dynamic market environment.
Top 10 Dividend Stocks In Canada
| Name | Dividend Yield | Dividend Rating |
| Whitecap Resources (TSX:WCP) | 7.04% | ★★★★★★ |
| Acadian Timber (TSX:ADN) | 6.56% | ★★★★★★ |
| Canadian Imperial Bank of Commerce (TSX:CM) | 4.01% | ★★★★★☆ |
| Power Corporation of Canada (TSX:POW) | 4.92% | ★★★★★☆ |
| Enghouse Systems (TSX:ENGH) | 3.49% | ★★★★★☆ |
| Firm Capital Mortgage Investment (TSX:FC) | 8.67% | ★★★★★☆ |
| Canadian Natural Resources (TSX:CNQ) | 4.45% | ★★★★★☆ |
| Russel Metals (TSX:RUS) | 3.92% | ★★★★★☆ |
| Royal Bank of Canada (TSX:RY) | 3.31% | ★★★★★☆ |
| Sun Life Financial (TSX:SLF) | 3.95% | ★★★★★☆ |
Click here to see the full list of 30 stocks from our Top TSX Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Alaris Equity Partners Income Trust
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Alaris Equity Partners Income Trust is a private equity firm focusing on management buyouts, growth capital, and mature investments in the lower and middle market sectors, with a market cap of CA$882.66 million.
Operations: Alaris Equity Partners Income Trust generates revenue from unclassified services amounting to CA$198.46 million.
Dividend Yield: 7.1%
Alaris Equity Partners Income Trust offers a high dividend yield of 7.05%, placing it in the top 25% of Canadian dividend payers. Despite recent earnings growth, its dividends have been volatile over the past decade, with historical declines exceeding 20%. The payout ratio is sustainable at 31.4%, but cash flow coverage is tighter at 83.8%. Recent Q3 results showed a decline in revenue to C$69.51 million from C$86.76 million year-over-year, though net income rose significantly over nine months to C$156.48 million from C$97.71 million previously.
Amerigo Resources
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Amerigo Resources Ltd., through its subsidiary Minera Valle Central S.A., produces and sells copper and molybdenum concentrates from Codelco’s El Teniente underground mine in Chile, with a market cap of CA$275.23 million.
Operations: Amerigo Resources Ltd. generates revenue primarily from the production of copper concentrates under a tolling agreement with DET, amounting to $184.41 million.