Smart Picks

Stock Recommendations

TSX dividend picks ranked by risk — scored on yield, 52-week volatility, payout ratio, sector, analyst consensus, and market cap.

Risk score (0–100) uses: yield extremes, 52-week volatility, estimated payout ratio, sector defensiveness, analyst consensus, and market cap. Low Risk = bottom third by score — Balanced = middle third — High Risk = top third. Not financial advice.

Low Risk — Income & Stability

Defensive, stable dividends. Ideal for capital preservation.

L

L

Loblaw Companies Limited

Risk 15
Risk level Low

Yield

0.95%

P/E

11.7

Payout

27.7%

Consumer Staples
RY

RY.PR.N

Royal Bank of Canada Non-Cumulative First Preferred Shares Series BH

Risk 26
Risk level Low

Yield

5.09%

P/E

15.4

Payout

1.4%

Finance
BN

BN

Brookfield Corporation Class A Limited Voting Shares

Risk 27
Risk level Low

Yield

0.61%

P/E

80.6

Payout

37.3%

Finance
BR

BRF.PR.E

Brookfield Renewable Power Preferred Equity Inc. Class A Preference Shares Series 5

Risk 32
Risk level Low

Yield

5.66%

P/E

—

Payout

—

Utilities
PC

PCON

PIMCO Managed Conservative Bond Pool

Risk 34
Risk level Low

Yield

5.69%

P/E

4.8

Payout

—

—
MF

MFC.PR.C

Manulife Financial Corporation Non-Cumulative Class A Preferred Shares Series 3

Risk 36
Risk level Low

Yield

5.09%

P/E

17.6

Payout

32.5%

Finance
LN

LNF

Leon's Furniture Limited

Risk 37
Risk level Low

Yield

3.91%

P/E

17.5

Payout

42.7%

Consumer Discretionary
HR

HRMS

Hermès CDR (CAD Hedged)

Risk 39
Risk level Low

Yield

0.8%

P/E

0.1

Payout

0.6%

—
MF

MFC.PR.F

Manulife Financial Corporation Non-Cumulative Rate Reset Class 1 Shares Series 3

Risk 41
Risk level Low

Yield

2.74%

P/E

17.6

Payout

17.0%

Finance

Balanced — Growth & Income

Mix of reliability and moderate growth. Suitable for most investors.

RS

RS.PR.A

Real Estate Split Corp. Preferred Shares

Risk 42
Risk level Moderate

Yield

5.58%

P/E

45.8

Payout

87.9%

Finance
GD

GDEP

Guardian Directed Equity Path Portfolio

Risk 44
Risk level Moderate

Yield

4.49%

P/E

33.6

Payout

—

Finance
AM

AMGN

Amgen CDR (CAD Hedged)

Risk 46
Risk level Moderate

Yield

2.99%

P/E

23.6

Payout

3.7%

—
CI

CINF

CI Global Infrastructure Private Pool

Risk 49
Risk level Moderate

Yield

2.41%

P/E

25.0

Payout

—

—
TR

TRP.PR.B

TC Energy Corporation cumulative redeemable first preferred shares series 3

Risk 51
Risk level Moderate

Yield

5.15%

P/E

29.0

Payout

26.0%

Energy
TA

TA.PR.H

TransAlta Corporation cumulative redeemable rate reset first preferred shares series E

Risk 52
Risk level Moderate

Yield

6.6%

P/E

—

Payout

—

Utilities
PI

PIC.PR.A

Premium Income Corporation Preferred Shares

Risk 54
Risk level Moderate

Yield

7.59%

P/E

—

Payout

—

Finance
DE

DEER

Deere CDR (CAD Hedged)

Risk 56
Risk level Moderate

Yield

1.05%

P/E

28.5

Payout

1.4%

Industrials
RT

RTX

RTX CDR (CAD Hedged)

Risk 56
Risk level Moderate

Yield

1.65%

P/E

35.2

Payout

9.1%

Industrials

High Risk — High Reward

Higher volatility or elevated yield. For experienced investors.

EN

ENGH

Enghouse Systems Limited

Risk 100
Risk level High

Yield

7.78%

P/E

12.9

Payout

94.7%

Technology
PR

PRM

Big Pharma Split Corp. Class A Shares

Risk 84
Risk level High

Yield

8.77%

P/E

—

Payout

—

Finance
EN

ENB.PR.H

Enbridge Inc. cumulative redeemable preference shares series H

Risk 79
Risk level High

Yield

6.25%

P/E

24.8

Payout

49.8%

Energy
PP

PPL.PR.Q

Pembina Pipeline Corporation cumulative redeemable rate reset Class A preferred shares Series 17

Risk 74
Risk level High

Yield

6.3%

P/E

22.3

Payout

58.1%

Energy
RF

RFA.PR.E

RFA Financial Inc. Preferred shares Series E

Risk 69
Risk level High

Yield

7.73%

P/E

—

Payout

—

Finance
GS

GS

Goldman Sachs CDR (CAD Hedged)

Risk 66
Risk level High

Yield

1.76%

P/E

20.0

Payout

1.1%

Finance
RA

RAY.B

Stingray Group Inc. Variable Subordinate Voting Shares

Risk 64
Risk level High

Yield

2.05%

P/E

23.4

Payout

46.6%

Media
NV

NVDA

Nvidia CDR (CAD Hedged)

Risk 64
Risk level High

Yield

0.46%

P/E

45.5

Payout

2.5%

Technology
FC

FCD.UN

Firm Capital Property Trust

Risk 60
Risk level High

Yield

7.41%

P/E

9.5

Payout

75.3%

Real Estate

Not financial advice. Risk scores are computed algorithmically from public market data. Always consult a qualified financial advisor before making investment decisions.