Canadian (TSX) Utilities Dividend Stocks

UPDATED Aug 27, 2025

Discover Canadian Utilities High Yield Dividend Stocks that are on the TSX and sorted by Dividend Yield. An upper limit of 20% is in place to filter out stocks with potentially unsustainable dividends. All companies with high dividend yields (above 5%) should be researched for sustainability. For more options please click on 'Advanced Filters'.

CompanyLast Price7D Return1Y ReturnMarket CapAnalysts TargetValuationGrowthDiv Yield
MXG
Maxim Power
CA$4.522.0%15.6%CA$280.1mn/aPE20.5xn/a11.1%
RE
RE Royalties
CA$0.37-7.5%-24.5%CA$15.8mn/aPB3.9xn/a10.8%
PIF
Polaris Renewable Energy
CA$12.802.0%6.9%CA$268.9mCA$24.15PS2.5xE193.4%6.5%
CUP.U
Caribbean Utilities Company
US$13.25-1.9%-5.0%US$560.1mUS$13.99PE12.6xE5.0%5.7%
NPI
Northland Power
CA$22.230.5%5.0%CA$5.8bCA$27.31PS2.6xE42.3%5.4%
CPX
Capital Power
CA$56.67-5.5%26.5%CA$8.8bCA$64.55PE21.5xE22.5%4.9%
CU
Canadian Utilities
CA$38.04-1.2%13.2%CA$10.3bCA$40.14PE23.2xE15.4%4.8%
AQN
Algonquin Power & Utilities
CA$8.01-0.6%12.3%CA$6.1bCA$7.37PE63xE43.5%4.5%
EMA
Emera
CA$65.46-1.5%29.4%CA$19.7bCA$65.04PE22.4xE6.0%4.4%
ACO.X
ATCO
CA$49.85-1.8%10.8%CA$5.6bCA$55.71PE12.8xE7.0%4.0%
FTS
Fortis
CA$68.95-2.4%16.8%CA$34.6bCA$68.06PE20.4xE6.5%3.6%
ALA
AltaGas
CA$40.50-2.6%19.5%CA$12.1bCA$43.91PE15.6xE-1.2%3.1%
H
Hydro One
CA$50.38-1.1%11.8%CA$30.2bCA$49.61PE24.1xE5.1%2.7%
SPB
Superior Plus
CA$7.22-0.7%-4.6%CA$1.6bCA$9.63PE26.9xE18.4%2.5%
BLX
Boralex
CA$29.29-0.9%-10.8%CA$3.0bCA$38.10PS3.6xE40.3%2.3%
TA
TransAlta
CA$16.64-2.4%39.7%CA$5.0bCA$18.77PS2xE120.4%1.6%
CFY
CF Energy
CA$0.172.9%-12.5%CA$11.2mn/aPE3.6xn/a0%