The Globe and Mail attempts to identify securities with a sustainable dividend that can be used to supplement the return of long-term bonds within a portfolio in its Tuesday edition. The Globe's Ryan Gottschalk writes in the Number Cruncher column that with hints of above-target inflation coming into play, it appears that yields that were once sought after in the long-term bond market are coming to an end. With that being said, investors looking to supplement this yield in their portfolios are turning to equity securities that offer bond-like characteristics through long-term dividend stability. Mr. Gottschalk's screen seeks out high yield equity securities by looking at Canadian companies with a dividend yield of at least 5 per cent. To measure the sustainability of these dividend payments, the screen includes a filter for a dividend payout ratio of less than 80 per cent -- ensuring a healthy level of income available to shareholders is being invested back in the business. As well, Mr. Gottschalk's picks needed to have a lower credit risk. His high yielding stocks are Granite REIT, Pure Multi-Family REIT, Smart REIT, CI Financial, Pure Industrial REIT and Westshore Terminals Investment.