<div id="readability-page-1"><div><p>As the Canadian market navigates a landscape marked by sector-specific opportunities and challenges, diversification emerges as a key strategy for investors looking to capitalize on potential growth areas like energy and industrials. In this context, dividend stocks such as those from the Canadian Imperial Bank of Commerce offer reliable income generation, making them attractive options for those seeking stability amidst evolving market dynamics.</p><h3>Top 10 Dividend Stocks In Canada</h3><table><tbody><tr><td><strong>Name</strong></td><td><strong>Dividend Yield</strong></td><td><strong>Dividend Rating</strong></td></tr><tr><td>Wajax (TSX:WJX)</td><td>5.10%</td><td>★★★★★☆</td></tr><tr><td>Transcontinental (TSX:TCL.A)</td><td>3.96%</td><td>★★★★★☆</td></tr><tr><td>Toronto-Dominion Bank (TSX:TD)</td><td>3.34%</td><td>★★★★★☆</td></tr><tr><td>Pulse Seismic (TSX:PSD)</td><td>14.69%</td><td>★★★★★☆</td></tr><tr><td>Power Corporation of Canada (TSX:POW)</td><td>3.34%</td><td>★★★★★☆</td></tr><tr><td>Olympia Financial Group (TSX:OLY)</td><td>6.52%</td><td>★★★★★☆</td></tr><tr><td>Great-West Lifeco (TSX:GWO)</td><td>3.62%</td><td>★★★★★☆</td></tr><tr><td>Firm Capital Mortgage Investment (TSX:FC)</td><td>8.64%</td><td>★★★★★☆</td></tr><tr><td>Canadian Imperial Bank of Commerce (TSX:CM)</td><td>3.38%</td><td>★★★★★☆</td></tr><tr><td>Bank of Montreal (TSX:BMO)</td><td>3.74%</td><td>★★★★★☆</td></tr></tbody></table><p>Click here to see the full list of 18 stocks from our Top TSX Dividend Stocks screener.</p><p>Underneath we present a selection of stocks filtered out by our screen.</p><h2>Canadian Imperial Bank of Commerce (TSX:CM)</h2><p><strong>Simply Wall St Dividend Rating:</strong> ★★★★★☆</p><p><strong>Overview:</strong> Canadian Imperial Bank of Commerce is a diversified financial institution offering a range of financial products and services to personal, business, public sector, and institutional clients across Canada, the United States, and internationally with a market cap of approximately CA$117.17 billion.</p><p><strong>Operations:</strong> Canadian Imperial Bank of Commerce generates revenue through segments including Canadian Personal and Business Banking (CA$10.27 billion), Capital Markets and Direct Financial Services (CA$5.94 billion), U.S. Commercial Banking and Wealth Management (CA$3.04 billion), and Canadian Commercial Banking and Wealth Management (CA$6.74 billion).</p><p><strong>Dividend Yield:</strong> 3.4%</p><p>Canadian Imperial Bank of Commerce has demonstrated a consistent dividend history, with payouts reliably covered by earnings due to a low payout ratio of 45%. Recent news highlights an increase in quarterly dividends by $0.10 to $1.07 per share, reflecting its commitment to returning value to shareholders. However, its dividend yield of 3.38% is relatively lower compared to the top Canadian market payers. The bank's recent fixed-income offerings and strategic expansions indicate robust financial health and growth potential, supporting sustainable dividends moving forward.</p><ul><li>Navigate through the intricacies of Canadian Imperial Bank of Commerce with our comprehensive dividend report here.</li><li>Upon reviewing our latest valuation report, Canadian Imperial Bank of Commerce's share price might be too pessimistic.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/84128a80-2f40-4084-b2cd-09602974ca6b/chart/historic-dividend?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/84128a80-2f40-4084-b2cd-09602974ca6b/chart/historic-dividend"/><figcaption>TSX:CM Dividend History as at Dec 2025</figcaption></figure><h2>Suncor Energy (TSX:SU)</h2><p><strong>Simply Wall St Dividend Rating:</strong> ★★★★☆☆</p><p><strong>Overview:</strong> Suncor Energy Inc. is an integrated energy company operating in Canada, the United States, and internationally with a market cap of approximately CA$71.29 billion.</p><p><strong>Operations:</strong> Suncor Energy Inc.'s revenue is derived from its Oil Sands segment at CA$25.06 billion, Refining and Marketing at CA$30.57 billion, and Exploration and Production at CA$2.03 billion.</p><p><strong>Dividend Yield:</strong> 4.1%</p><p>Suncor Energy's dividends have grown over the past decade, supported by a payout ratio of 53.1% and a cash payout ratio of 36%, indicating sustainable coverage by earnings and cash flows. However, its dividend yield is lower than top Canadian payers, and payments have been volatile historically. Recent developments include a CAD 0.60 per share dividend increase and debt refinancing through $1 billion in senior unsecured notes to manage existing obligations efficiently.</p><ul><li>Click here to discover the nuances of Suncor Energy with our detailed analytical dividend report.</li><li>Insights from our recent valuation report point to the potential undervaluation of Suncor Energy shares in the market.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b68f281e-9dd1-4157-9ddb-ea16eb7568a2/chart/historic-dividend?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b68f281e-9dd1-4157-9ddb-ea16eb7568a2/chart/historic-dividend"/><figcaption>TSX:SU Dividend History as at Dec 2025</figcaption></figure><h2>PetroTal (TSX:TAL)</h2><p><strong>Simply Wall St Dividend Rating:</strong> ★★★★☆☆</p><p><strong>Overview:</strong> PetroTal Corp. is involved in the acquisition, exploration, appraisal, development, and production of oil and natural gas properties in Peru with a market cap of CA$356.06 million.</p><p><strong>Operations:</strong> PetroTal Corp.'s revenue is primarily generated from its Oil &amp; Gas - Exploration &amp; Production segment, amounting to $310.85 million.</p><p><strong>Dividend Yield:</strong> 21%</p><p>PetroTal's dividend strategy faces challenges, with recent suspension of its quarterly dividend due to financial prudence and a need to maintain a minimum cash balance of US$60 million. While dividends were previously covered by earnings (payout ratio: 74.9%) and cash flows (cash payout ratio: 67.7%), the company must prioritize development investments over the next year. Despite volatile past payments, PetroTal remains committed to returning capital when conditions improve, having returned nearly $155 million since 2023.</p><ul><li>Unlock comprehensive insights into our analysis of PetroTal stock in this dividend report.</li><li>Our expertly prepared valuation report PetroTal implies its share price may be lower than expected.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/c814473c-8b63-4f79-a6c3-89f6c35eb01c/chart/historic-dividend?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/c814473c-8b63-4f79-a6c3-89f6c35eb01c/chart/historic-dividend"/><figcaption>TSX:TAL Dividend History as at Dec 2025</figcaption></figure><h2>Turning Ideas Into Actions</h2><ul><li>Take a closer look at our Top TSX Dividend Stocks list of 18 companies by clicking here.</li><li>Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.</li><li>Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.</li></ul><h2>Looking For Alternative Opportunities?</h2><ul><li>Explore high-performing small cap companies that haven't yet garnered significant analyst attention.</li><li>Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.</li><li>Find companies with promising cash flow potential yet trading below their fair value.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data      and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your      financial situation. We aim to bring you long-term focused analysis driven by fundamental data.      Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.      Simply Wall St has no position in any stocks mentioned.</em></p><div><p>Mobile Infrastructure for Defense and Disaster</p><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p><p>Get the investor briefing before the next round of contracts</p><p><span>Sponsored On Behalf of CiTech</span></p></div></div></div>

<p>The Canadian market presents opportunities for investors, particularly in dividend stocks like the Canadian Imperial Bank of Commerce (CIBC), which offers a 3.38% yield. CIBC has a strong financial foundation with a low payout ratio of 45% and recently increased its quarterly dividend to $1.07 per share. Other notable dividend stocks include Wajax (5.10%), Transcontinental (3.96%), and Suncor Energy (4.1%). Investors are encouraged to diversify their portfolios with these reliable income generators amidst market fluctuations.</p>

TSX Dividend Stocks Canadian Imperial Bank of Commerce Plus 2 Reliable Income Generators