Best High Dividend Stocks in Canada (July 2025)
High-yield dividend stocks this month include E-L Financial Corporation Limited (ELF.TO), Canadian Life Companies Split Corp. (LFE.TO), and Dividend 15 Split Corp. II (DF.TO). Meyka AI screens for U.S. companies with +4% dividend yields across defensive and income-rich sectors. Updated for July 2025.
| Symbol | Price | Change | Volume | Dividend Yield | Market Cap | Sector / Industry |
|---|---|---|---|---|---|---|
| ELF.TO E-L Financial Corporation Limited | $15.44 | -1.34% -0.21 | 15.7K | +0.73% | 5.3B | Financial Services Insurance - Life |
| LFE.TO Canadian Life Companies Split Corp. | $6.08 | -0.16% -0.01 | 36.9K | +0.23% | 78.2M | Financial Services Asset Management |
| DF.TO Dividend 15 Split Corp. II | $6.20 | +0.08% +0.00 | 53.4K | +0.21% | 142.3M | Financial Services Asset Management |
| DFN.TO Dividend 15 Split Corp. | $6.23 | -0.32% -0.02 | 303K | +0.20% | 834.1M | Financial Services Asset Management |
| FFN.TO North American Financial 15 Split Corp. | $7.04 | -0.56% -0.04 | 210.2K | +0.20% | 419.4M | Financial Services Asset Management |
| DGS.TO Dividend Growth Split Corp. | $6.97 | +0.29% +0.02 | 91K | +0.20% | 339.1M | Financial Services Asset Management |
| MKZ-UN.TO Mackenzie Master Limited Partnership | $0.43 | +1.18% +0.01 | 2K | +0.18% | 2.7M | Financial Services Asset Management |
| PIC-A.TO Premium Income Corporation | $6.90 | -1.15% -0.08 | 138.4K | +0.18% | 112.2M | Financial Services Asset Management - Income |
| FTN.TO Financial 15 Split Corp. | $9.75 | -0.20% -0.02 | 124.7K | +0.16% | 604.2M | Financial Services Asset Management |
| RS.TO Real Estate Split Corp. | $10.08 | +0.30% +0.03 | 25.9K | +0.16% | 115.7M | Financial Services Asset Management |
| BK.TO Canadian Banc Corp. | $12.21 | -0.16% -0.02 | 101.4K | +0.14% | 465.7M | Financial Services Asset Management |
| LBS.TO Life & Banc Split Corp. | $9.56 | -0.21% -0.02 | 20.1K | +0.13% | 449.1M | Financial Services Asset Management |
| GDV.TO Global Dividend Growth Split Corp. | $10.89 | -0.27% -0.03 | 16.9K | +0.13% | 174.8M | Financial Services Asset Management - Global |
| ENS.TO E Split Corp. | $13.98 | +0.07% +0.01 | 26.1K | +0.12% | 311.1M | Financial Services Investment - Banking & Investment Services |
| SBC.TO Brompton Split Banc Corp. | $10.74 | -1.38% -0.15 | 15.3K | +0.11% | 248.1M | Financial Services Asset Management |
| PWI.TO Sustainable Power & Infrastructure Split Corp. | $9.28 | -0.96% -0.09 | 23.1K | +0.11% | 30.6M | Financial Services Asset Management |
| MKP.TO MCAN Mortgage Corporation | $19.52 | -0.10% -0.02 | 21.9K | +0.10% | 766.6M | Financial Services Financial - Mortgages |
| BNK.TO Big Banc Split Corp. | $15.49 | +0.58% +0.09 | 1.8K | +0.10% | 20.8M | Financial Services Asset Management |
| DS.TO Dividend Select 15 Corp. | $6.63 | -0.30% -0.02 | 11.4K | +0.10% | 51.1M | Financial Services Asset Management |
| RMAX.TO HAMILTON REITS YIELD MAXIMIZER | $16.73 | +0.06% +0.01 | 4.2K | +0.10% | 80.6M | Financial Services Asset Management |
| PDV.TO Prime Dividend Corp. | $8.52 | +0.83% +0.07 | 1.2K | +0.09% | 5M | Financial Services Asset Management |
| BNS.TO The Bank of Nova Scotia | $74.67 | -0.84% -0.63 | 5.3M | +0.09% | 93B | Financial Services Banks - Diversified |
| TF.TO Timbercreek Financial Corp. | $7.65 | +0.13% +0.01 | 179.4K | +0.09% | 633.1M | Financial Services Financial - Mortgages |
| BNK-PA.TO Big Banc Split Corp. | $10.65 | +0.09% +0.01 | 600 | +0.09% | 16.5M | Financial Services Asset Management |
| OLY.TO Olympia Financial Group Inc. | $121.24 | -0.50% -0.61 | 1K | +0.08% | 291.7M | Financial Services Asset Management |
| PCON.TO PIMCO Managed Conservative Bond Pool | $17.96 | -0.06% -0.01 | 5.2K | +0.08% | 91.7M | Financial Services Asset Management |
| BIP-PE.TO Brookfield Infrastructure Partners L.P. | $25.01 | +0.24% +0.06 | 1K | +0.08% | 10B | Utilities Diversified Utilities |
| FC.TO Firm Capital Mortgage Investment Corporation | $12.36 | +0.73% +0.09 | 101.3K | +0.08% | 454.1M | Financial Services Financial - Mortgages |
| AI.TO Atrium Mortgage Investment Corporation | $11.50 | +0.52% +0.06 | 210.7K | +0.08% | 547.9M | Financial Services Financial - Mortgages |
| KPT.TO KP Tissue Inc. | $8.77 | -0.34% -0.03 | 18.3K | +0.08% | 87.7M | Consumer Defensive Household & Personal Products |
| RSI.TO Rogers Sugar Inc. | $5.62 | -0.18% -0.01 | 143.1K | +0.08% | 719.7M | Consumer Defensive Food Confectioners |
| FN.TO First National Financial Corporation | $41.93 | -0.47% -0.20 | 7.9K | +0.08% | 2.5B | Financial Services Financial - Mortgages |
| JEPQ.TO Jpmorgan Nasdaq Eqty Prem Inc. A | $25.40 | -0.04% -0.01 | 28.8K | +0.08% | 65.5M | Financial Services Asset Management |
| CSW-A.TO Corby Spirit and Wine Limited | $14.56 | +0.62% +0.09 | 6.8K | +0.08% | 411.5M | Consumer Defensive Beverages - Wineries & Distilleries |
| LB.TO Laurentian Bank of Canada | $31.10 | -0.38% -0.12 | 156.7K | +0.08% | 1.4B | Financial Services Banks - Regional |
| LEAD.TO Evolve Future Leadership Hedged | $23.84 | -0.04% -0.01 | 0 | +0.07% | 18.7M | Financial Services Asset Management |
| BEP-UN.TO Brookfield Renewable Partners L.P. | $34.75 | -0.46% -0.16 | 160.5K | +0.07% | 9.9B | Utilities Renewable Utilities |
| PIF.TO Polaris Renewable Energy Inc. | $12.22 | +0.16% +0.02 | 5.5K | +0.07% | 257.1M | Utilities Renewable Utilities |
| IGM.TO IGM Financial Inc. | $42.36 | -0.52% -0.22 | 301.3K | +0.07% | 10B | Financial Services Asset Management |
| RIIN.TO Russell Investments Global Infrastructure Pool | $21.93 | +0.09% +0.02 | 1.4K | +0.07% | 1.2B | Financial Services Asset Management |
| XTD.TO TDb Split Corp. | $4.42 | -3.70% -0.17 | 37.1K | +0.07% | 20.5M | Financial Services Asset Management |
| NA-PC.TO National Bank of Canada | $26.60 | +0.30% +0.08 | 2.4K | +0.07% | 26.5B | Financial Services Banks - Diversified |
| PCOR.TO PIMCO Managed Core Bond Pool | $18.08 | -0.22% -0.04 | 4.6K | +0.07% | 1.6B | Financial Services Asset Management - Bonds |
| BIP-UN.TO Brookfield Infrastructure Partners L.P. | $44.29 | -1.34% -0.60 | 300K | +0.06% | 20.5B | Utilities Diversified Utilities |
| BIPC.TO Brookfield Infrastructure Corporation | $55.85 | -1.34% -0.76 | 166.9K | +0.06% | 6.7B | Utilities Regulated Gas |
| EMA-PC.TO Emera Incorporated | $24.41 | +0.04% +0.01 | 500 | +0.06% | 17.1B | Utilities Regulated Electric |
| EMA.TO Emera Incorporated | $62.97 | +0.70% +0.44 | 405.9K | +0.06% | 18.8B | Utilities Regulated Electric |
| EMA-PH.TO Emera Incorporated | $25.25 | -0.39% -0.10 | 600 | +0.06% | 13.6B | Utilities Regulated Electric |
| IGB.TO Purpose Global Bond Class | $18.35 | -0.11% -0.02 | 1.1K | +0.06% | 616.8M | Financial Services Asset Management - Bonds |
| CU.TO Canadian Utilities Limited | $37.91 | -0.11% -0.04 | 372.7K | +0.06% | 7.8B | Utilities Diversified Utilities |
| PWF-PZ.TO Power Financial Corporation | $22.15 | -0.67% -0.15 | 3.2K | +0.06% | 19.3B | Financial Services Insurance - Life |
| HLF.TO High Liner Foods Incorporated | $18.12 | -0.71% -0.13 | 9.9K | +0.06% | 527.2M | Consumer Defensive Packaged Foods |
| NA-PE.TO National Bank of Canada | $25.32 | -0.08% -0.02 | 3.8K | +0.06% | 27.4B | Financial Services Banks - Diversified |
| GWO-PI.TO Great-West Lifeco Inc. | $19.75 | -0.55% -0.11 | 420 | +0.06% | 26.8B | Financial Services Insurance - Life |
| GCG.TO Guardian Capital Group Limited | $45.50 | +6.16% +2.64 | 2.6K | +0.06% | 1.2B | Financial Services Asset Management |
| GCG-A.TO Guardian Capital Group Limited | $43.48 | +2.31% +0.98 | 4.8K | +0.06% | 1.1B | Financial Services Asset Management |
| POW.TO Power Corporation of Canada | $53.41 | +0.56% +0.30 | 2.7M | +0.06% | 34.1B | Financial Services Insurance - Life |
| BEPC.TO Brookfield Renewable Corporation | $44.94 | -1.30% -0.59 | 134.4K | +0.06% | 6.5B | Utilities Renewable Utilities |
| NPI.TO Northland Power Inc. | $22.85 | -0.26% -0.06 | 456.5K | +0.06% | 6B | Utilities Renewable Utilities |
| CGRE.TO CI Global REIT Private Pool | $21.24 | +0.09% +0.02 | 600 | +0.05% | 64.8M | Financial Services Asset Management |
| SFC.TO Sagicor Financial Company Ltd. | $8.38 | +0.84% +0.07 | 2.5K | +0.05% | 1.1B | Financial Services Insurance - Life |
| TD-PFL.TO The Toronto-Dominion Bank | $24.99 | -0.04% -0.01 | 1.4K | +0.05% | 135.5B | Financial Services Banks - Diversified |
| TD.TO The Toronto-Dominion Bank | $100.69 | -0.29% -0.29 | 7.5M | +0.05% | 176.4B | Financial Services Banks - Diversified |
| TD-PFI.TO The Toronto-Dominion Bank | $26.27 | -0.72% -0.19 | 2.8K | +0.05% | 166.1B | Financial Services Banks - Diversified |
| TD-PFK.TO The Toronto-Dominion Bank | $24.97 | -0.10% -0.02 | 2K | +0.05% | 171.3B | Financial Services Banks - Diversified |
| FTS.TO Fortis Inc. | $64.61 | +0.28% +0.18 | 1.2M | +0.05% | 32.4B | Utilities Regulated Electric |
| MFC.TO Manulife Financial Corporation | $41.71 | -0.67% -0.28 | 3.3M | +0.05% | 71.4B | Financial Services Insurance - Life |
| MFC-PC.TO Manulife Financial Corporation | $20.38 | -0.05% -0.01 | 2.4K | +0.05% | 46.1B | Financial Services Insurance - Life |
| ACO-Y.TO ATCO Ltd. | $51.02 | -0.76% -0.39 | 300 | +0.05% | 5.5B | Utilities Diversified Utilities |
| ACO-X.TO ATCO Ltd. | $49.87 | -0.56% -0.28 | 233.1K | +0.05% | 5.7B | Utilities Diversified Utilities |
| SLF.TO Sun Life Financial Inc. | $85.00 | +0.27% +0.23 | 1.3M | +0.05% | 48.1B | Financial Services Insurance - Diversified |
| RIRA.TO Russell Investments Real Assets | $17.86 | +0.06% +0.01 | 1.7K | +0.05% | 170.4M | Financial Services Asset Management |
| ADW-A.TO Andrew Peller Limited | $5.16 | -1.15% -0.06 | 13.1K | +0.05% | 235.4M | Consumer Defensive Beverages - Wineries & Distilleries |
| AGF-B.TO AGF Management Limited | $12.63 | -1.56% -0.20 | 32.1K | +0.05% | 824.8M | Financial Services Asset Management |
| CM-PT.TO Canadian Imperial Bank of Commerce | $25.00 | +0.04% +0.01 | 6.8K | +0.05% | 23.2B | Financial Services Banks - Diversified |
| CM.TO Canadian Imperial Bank of Commerce | $100.04 | -0.30% -0.30 | 2.9M | +0.05% | 93.5B | Financial Services Banks - Diversified |
| TPX-B.TO Molson Coors Canada Inc. | $69.21 | +0.64% +0.44 | 1.3K | +0.05% | 13.8B | Consumer Defensive Beverages - Alcoholic |
| CPX.TO Capital Power Corporation | $57.42 | +1.75% +0.99 | 957.7K | +0.05% | 8.9B | Utilities Independent Power Producers |
| CGRA.TO CI Global Real Asset Private Pool | $22.97 | -0.09% -0.02 | 100 | +0.04% | 69.4M | Financial Services Asset Management |
| GWO.TO Great-West Lifeco Inc. | $52.39 | +0.56% +0.29 | 1.5M | +0.04% | 48.6B | Financial Services Insurance - Life |
| BMO.TO Bank of Montreal | $155.66 | -0.61% -0.95 | 2.6M | +0.04% | 112.4B | Financial Services Banks - Diversified |
| RIFI.TO Russell Investments Fixed Income Pool | $17.81 | -0.17% -0.03 | 136 | +0.04% | 27.1M | Financial Services Asset Management - Income |
| CUP-U.TO Caribbean Utilities Company, Ltd. | $12.82 | -0.77% -0.10 | 3.9K | +0.04% | 540.9M | Utilities Regulated Electric |
| RY.TO Royal Bank of Canada | $180.37 | -1.07% -1.96 | 2.3M | +0.04% | 254.4B | Financial Services Banks - Diversified |
| RY-PZ.TO Royal Bank of Canada | $25.00 | +0.04% +0.01 | 448 | +0.04% | 208.6B | Financial Services Banks - Diversified |
| NWC.TO The North West Company Inc. | $47.63 | -0.48% -0.23 | 98.1K | +0.04% | 2.3B | Consumer Defensive Grocery Stores |
| NA.TO National Bank of Canada | $140.85 | -0.26% -0.37 | 1.1M | +0.04% | 55.1B | Financial Services Banks - Diversified |
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Understanding High Dividend Stocks
High dividend stocks are companies that return a significant portion of their earnings to shareholders through dividends. Investors use them to generate passive income and reduce volatility in their portfolios. Our curated list for Canada highlights stocks in utilities, consumer defensive, and financial sectors with dividend yields of 4% or more. Meyka AI updates this list monthly using current yield, payout ratios, and price trends.
Why Track High Dividend Stocks?
Income Generation
- Earn stable income even in uncertain markets
- Use dividends to reinvest or supplement cash flow
- Build long-term passive income portfolios
Smart Allocation
- Spot value in defensive and essential sectors
- Reduce portfolio risk with income-generating assets
- Benchmark against inflation and index returns
Related Resources
Frequently Asked Questions
We list top-performing dividend-paying stocks in key sectors like utilities, finance, and consumer defensive, all yielding 4% or more.
Our system filters stocks by yield, payout history, sector strength, and financial stability to surface reliable income picks.
Yes. In volatile markets, high-dividend stocks offer consistent income and lower downside risk.
Utilities, financial services, and consumer defensive stocks often provide stable dividends above market average.
Some offer quarterly or even monthly dividends, making them useful for building a passive income stream.