Canadian preferred shares ranked by current yield. Higher yields typically indicate higher risk.
| Rank | Symbol | Issuer | Type | Price | Yield | Rating |
|---|---|---|---|---|---|---|
| #1 | TXT.PR.A | split_share | $12.21 | - | - | |
| #2 | BPYP.PR.A | Brookfield Property Preferred L.P. | structured | $22.50 | 9.43% | - |
| #3 | ENB.PR.V | Enbridge Inc | reset | $25.01 | 9.35% | P-2 |
| #4 | ENB.PF.V | Enbridge Inc | reset | $25.05 | 9.31% | P-2 |
| #5 | IFC.PR.M | Intact Financial | perpetual | $24.90 | 8.41% | - |
| #6 | PIC.PR.A | split_share | $16.53 | 7.71% | - | |
| #7 | ECN.PR.C | ECN Capital | reset | $25.95 | 7.65% | P-2 |
| #8 | BPO.PR.T | Brookfield Office Properties Inc | reset | $22.28 | 7.62% | - |
| #9 | BPO.PR.I | Brookfield Office Properties Inc | reset | $20.99 | 7.57% | - |
| #10 | BN.PF.M | Brookfield Asset Management | reset | $26.10 | 7.41% | - |
Reset preferred shares offer a fixed dividend until their reset date, when the rate adjusts based on a spread over government bonds.
Perpetual preferred shares have no maturity date and typically offer a fixed dividend rate indefinitely.
Floating rate preferred shares have dividends that adjust periodically based on a benchmark rate.
| Symbol | Issuer | Yield | Rating |
|---|---|---|---|
| BPO.PR.X | Brookfield Office Properties Inc | 7.17% | - |
| BPO.PR.Y | Brookfield Office Properties Inc | 6.89% | - |
| BPO.PR.W | Brookfield Office Properties Inc | 6.72% | - |
| BBD.PR.B | Bombardier Inc | 6.15% | P-2 |
| BN.PR.C | Brookfield Asset Management | 5.90% | - |
| BN.PR.K | Brookfield Asset Management | 5.89% | - |
| BN.PR.B | Brookfield Asset Management | 5.87% | - |
| BN.PF.K | Brookfield Asset Management | 5.69% | - |
| TA.PR.G | TransAlta | 5.67% | - |
| ENB.PR.I | Enbridge Inc | 5.53% | P-2 |
| PWF.PR.A | Power Financial Corp. | 5.50% | P-2 |
| BCE.PR.S | BCE Inc. | 5.43% | P-2 |
| NPI.PR.B | Northland Power Inc | 5.41% | P-2 |
| BRF.PR.B | Brookfield Renewable Power | 5.41% | - |
| BCE.PR.D | BCE Inc. | 5.39% | P-2 |
| BCE.PR.E | BCE Inc. | 5.39% | P-2 |
| BCE.PR.Y | BCE Inc. | 5.37% | P-2 |
| BCE.PR.B | BCE Inc. | 5.35% | P-2 |
| BCE.PR.J | BCE Inc. | 5.31% | P-2 |
| TRI.PR.B | Thomson Reuters | 5.30% | - |
| TRP.PR.L | TC Energy | 5.21% | - |
| BCE.PR.H | BCE Inc. | 5.13% | P-2 |
| ENB.PR.G | Enbridge Inc | 5.12% | P-2 |
| TA.PR.E | TransAlta | 5.09% | - |
| BCE.PR.N | BCE Inc. | 5.05% | P-2 |
| TRP.PR.F | TC Energy | 4.95% | - |
| TRP.PR.H | TC Energy | 4.94% | - |
| BCE.PR.L | BCE Inc. | 4.90% | P-2 |
| FTS.PR.I | Fortis Inc | 4.77% | P-2 |
| SLF.PR.J | Sun Life Financial | 4.66% | - |
| SLF.PR.K | Sun Life Financial | 4.59% | - |
| MFC.PR.P | Manulife Financial | 4.28% | P-2 |
| FN.PR.B | First National Financial Corp | 4.19% | P-2 |
| CVE.PR.B | Cenovus Energy | 3.90% | P-2 |