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.

BE

BEI.UN

Boardwalk Real Estate Investment Trust

Risk 17
Risk level Low

Yield

2.64%

P/E

16.5

Payout

26.7%

Real Estate
TD

TD.PF.E

Toronto-Dominion Bank (The) Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares Serie

Risk 26
Risk level Low

Yield

3.22%

P/E

9.6

Payout

6.9%

Finance
RY

RY

Royal Bank of Canada

Risk 30
Risk level Low

Yield

2.69%

P/E

16.4

Payout

43.9%

Finance
CC

CCRE

CIBC Core Fixed Income Pool

Risk 34
Risk level Low

Yield

4.29%

P/E

150.1

Payout

—

—
FF

FFH.PR.I

Fairfax Financial Holdings Limited Cumulative 5-Year Rate Reset Preferred Shares Series I

Risk 36
Risk level Low

Yield

3.3%

P/E

8.2

Payout

0.3%

Finance
FF

FFH.PR.J

Fairfax Financial Holdings Limited Cumulative Floating Rate Preferred Shares Series J

Risk 36
Risk level Low

Yield

5.49%

P/E

8.2

Payout

0.5%

Finance
BI

BIP.UN

Brookfield Infrastructure Partners L.P.

Risk 39
Risk level Low

Yield

4.52%

P/E

60.0

Payout

2275.0%

Utilities
UN

UNC.PR.C

United Corporations Limited 2nd Pref.1963 Series

Risk 41
Risk level Low

Yield

4.39%

P/E

1.5

Payout

14.4%

Finance
RS

RS.PR.A

Real Estate Split Corp. Preferred Shares

Risk 42
Risk level Low

Yield

5.66%

P/E

45.8

Payout

87.9%

—

Balanced — Growth & Income

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

MF

MFC.PR.Q

Manulife Financial Corporation Non-Cumulative Rate Reset Class 1 Shares Series 25

Risk 44
Risk level Moderate

Yield

5.78%

P/E

15.5

Payout

48.2%

Finance
EN

ENB.PR.I

Enbridge Inc. Cumulative Redeemable Preference Shares Series I

Risk 46
Risk level Moderate

Yield

5.53%

P/E

28.0

Payout

36.7%

Energy
BN

BN.PF.H

Brookfield Corporation Class A Preference Shares Series 44

Risk 49
Risk level Moderate

Yield

4.94%

P/E

91.3

Payout

240.4%

Finance
GS

GSY

goeasy Ltd.

Risk 52
Risk level Moderate

Yield

4.47%

P/E

9.6

Payout

40.1%

Finance
BP

BPO.PR.E

Brookfield Office Properties Inc. Class AAA Preference Shares Series EE

Risk 52
Risk level Moderate

Yield

5.77%

P/E

—

Payout

—

Real Estate
LN

LNR

Linamar Corporation

Risk 54
Risk level Moderate

Yield

1.34%

P/E

20.5

Payout

33.0%

Consumer Discretionary
SP

SPGI

S&P Global CDR (CAD Hedged)

Risk 56
Risk level Moderate

Yield

0.92%

P/E

33.8

Payout

0.9%

—
TA

TA.PR.H

TransAlta Corporation cumulative redeemable rate reset first preferred shares series E

Risk 57
Risk level Moderate

Yield

6.67%

P/E

—

Payout

—

Utilities
PP

PPL.PR.C

Pembina Pipeline Corporation cumulative redeemable rate reset Class A preferred shares

Risk 59
Risk level Moderate

Yield

5.9%

P/E

20.9

Payout

56.4%

Energy

High Risk — High Reward

Higher volatility or elevated yield. For experienced investors.

EN

ENGH

Enghouse Systems Limited

Risk 100
Risk level High

Yield

7.08%

P/E

13.2

Payout

98.4%

Technology
FF

FFN

North American Financial 15 Split Corp. Class A Shares

Risk 86
Risk level High

Yield

16.79%

P/E

13.2

Payout

24.0%

Finance
GG

GGPY.F

Guardian Directed Premium Yield Portfolio

Risk 79
Risk level High

Yield

8.36%

P/E

36.1

Payout

—

Finance
PH

PHX

PHX Energy Services Corp.

Risk 77
Risk level High

Yield

5.95%

P/E

11.2

Payout

66.1%

Energy
BI

BIP.PR.F

Brookfield Infrastructure Partners L.P. Cumulative Class A Preferred Limited Partnership Units Series 11

Risk 72
Risk level High

Yield

6.17%

P/E

60.0

Payout

1465.1%

Utilities
BN

BN.PF.L

Brookfield Corporation Class A Preference Shares Series 52

Risk 69
Risk level High

Yield

3.56%

P/E

80.6

Payout

116.4%

Finance
HM

HMM.A

Hammond Manufacturing Company Limited Class A Subordinate Voting Shares

Risk 66
Risk level High

Yield

0.57%

P/E

6.2

Payout

3.5%

Industrials
BT

BTE

Baytex Energy Corp.

Risk 64
Risk level High

Yield

1.64%

P/E

—

Payout

32.1%

Energy
BN

BN.PR.X

Brookfield Corporation Class A Preference Shares Series 28

Risk 64
Risk level High

Yield

5.7%

P/E

81.1

Payout

217.3%

Finance

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