Top Canadian/US High-Yield Dividend Stocks (May 2025)

Top Canadian High-Yield Dividend Stocks

CompanyTickerSectorDividend YieldNotes
BCE Inc.BCE.TOTelecommunications12.00%High yield; concerns about dividend sustainability due to earnings not covering payouts.
NorthWest Healthcare Properties REITNWH.UNReal Estate Investment Trust (REIT)9.50%High yield; under pressure due to debt and rising interest rates.
Enbridge Inc.ENB.TOEnergy Infrastructure7.79%Stable cash flows; 28 consecutive years of dividend increases.
Telus CorporationT.TOTelecommunications7.90%High yield; continues to be a strong long-term investment.
Brookfield Renewable PartnersBEP.UNRenewable Energy7.20%Diversified renewable assets; attractive yield with growth potential.
Pizza Pizza Royalty Corp.PZA.TOConsumer Discretionary6.80%Monthly dividends; consistent income stream.
Bank of Nova ScotiaBNS.TOFinancials6.52%Strong international presence; dependable dividend payer.
Manulife Financial CorporationMFC.TOFinancials6.17%Global financial services leader; conservative payout ratio.
Suncor Energy Inc.SU.TOEnergy5.00%Increased quarterly dividend by 5%; solid performance.
Canadian Natural Resources LimitedCNQ.TOEnergy5.52%Large crude oil and natural gas producer; strong dividend growth.

⚠️ Considerations

  • Dividend Sustainability: While high yields are attractive, it’s crucial to assess whether the company can maintain its dividend payouts. For instance, BCE Inc.’s high yield comes with concerns about its earnings not covering payouts. Money.ca
  • Sector Risks: Sectors like energy and REITs can be sensitive to economic cycles and interest rate changes. For example, NorthWest Healthcare Properties REIT is under pressure due to debt and rising interest rates.

Top U.S. High-Yield Dividend Stocks (May 2025)

CompanyTickerSectorDividend YieldNotes
Altria Group Inc.MOConsumer Staples7.30%Leading tobacco company with a strong dividend track record.
AT&T Inc.TTelecommunications6.80%Offers a high yield; investors should assess dividend sustainability.
Verizon Communications Inc.VZTelecommunications6.30%High yield; continues to be a strong long-term investment.
Pfizer Inc.PFEHealthcare6.40%Pharmaceutical giant with a solid dividend history.
Chevron Corp.CVXEnergy4.10%Long-term survivor in the oil patch with an attractive yield.
Exxon Mobil Corp.XOMEnergy3.90%Consistent dividend payer in the energy sector.
Realty Income Corp.OReal Estate Investment Trust (REIT)5.60%Known as “The Monthly Dividend Company” with a reliable payout.
Main Street Capital Corp.MAINFinancials6.80%Business development company with a strong dividend history.
AGNC Investment Corp.AGNCFinancials12.00%High yield; investors should evaluate the risks associated with mortgage REITs.
International Business Machines Corp.IBMInformation Technology4.80%Tech company with a long-standing dividend payment record.

⚠️ Considerations

  • Dividend Sustainability: While high yields are attractive, it’s crucial to assess whether the company can maintain its dividend payouts. For instance, AGNC Investment Corp.’s high yield comes with risks associated with mortgage-backed securities.
  • Sector Risks: Sectors like energy and REITs can be sensitive to economic cycles and interest rate changes. For example, Realty Income Corp. operates in the REIT sector, which can be impacted by interest rate fluctuations.