Canadian (TSX) Utilities Dividend Stocks

UPDATED Apr 17, 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
WEB
Westbridge Renewable Energy
CA$0.613.4%-29.1%CA$61.7mCA$4.20PE1.1xE12.3%16.4%
MXG
Maxim Power
CA$3.72-8.4%-18.4%CA$241.4mn/aPE10.8xn/a13.4%
RE
RE Royalties
CA$0.431.2%-12.2%CA$19.5mn/aPS5.7xn/a9.3%
SPB
Superior Plus
CA$6.634.2%-29.5%CA$1.5bCA$9.78PB1.2xE66.9%8.4%
PIF
Polaris Renewable Energy
CA$11.734.5%-0.5%CA$243.8mCA$24.14PE59.7xS8.3%7.1%
NPI
Northland Power
CA$18.440.9%-12.1%CA$4.8bCA$27.82PE18.1xE16.3%6.5%
CUP.U
Caribbean Utilities Company
US$13.312.4%-3.2%US$561.6mUS$14.00PE13.5xE6.0%5.6%
CPX
Capital Power
CA$47.205.2%30.7%CA$6.5bCA$66.38PE9.9xE-36.9%5.5%
CU
Canadian Utilities
CA$37.607.4%26.1%CA$10.1bCA$38.92PE25.3xS7.3%4.9%
AQN
Algonquin Power & Utilities
CA$7.479.4%-7.2%CA$5.6bCA$6.84PE35.9xE30.4%4.8%
EMA
Emera
CA$61.034.1%31.5%CA$18.0bCA$59.23PE36.8xE13.4%4.8%
ACO.X
ATCO
CA$50.235.3%38.7%CA$5.6bCA$54.17PE13.1xS6.5%4.0%
FTS
Fortis
CA$66.705.5%27.3%CA$33.1bCA$63.80PE20.8xE6.7%3.7%
ALA
AltaGas
CA$40.005.8%35.7%CA$12.0bCA$39.40PE20.7xE10.8%3.2%
INE
Innergex Renewable Energy
CA$13.480%67.2%CA$2.7bCA$12.56PE266.8xE41.6%2.7%
H
Hydro One
CA$51.127.8%35.4%CA$30.0bCA$45.96PE26.5xE6.5%2.5%
BLX
Boralex
CA$29.443.8%8.7%CA$3.0bCA$38.55PE84xE34.2%2.2%
TA
TransAlta
CA$12.071.3%36.4%CA$3.6bCA$18.05PE20.3xE-14.1%2.2%
CFY
CF Energy
CA$0.26-1.9%8.3%CA$17.1mn/aPB0.2xn/a0%
SXI
Synex Renewable Energy
CA$2.302.2%19.2%CA$11.5mn/aPS3.8xn/a0%