Motley Fool Premium
  1. Category
    2. /
  2. Investing
    3. /
  3. Dividend Stocks
    4. /

Dividend Stocks

What are dividend stocks?

Dividend stocks are stocks that send you a sum of money (usually quarterly, but sometimes annually) simply for owning shares in the company.

To be clear, this money isn’t a capital gain, which you earn when share prices go up or when you sell the stock for profit. A dividend is more like a “bonus” that comes to you in the form of cash or more shares in the company’s stock.

Which companies have dividend stocks?

It’s important to note that not all companies pay out dividends. Dividend-paying companies are usually older, more established corporations that have a long track history of positive growth and expansion.

Usually when a company earns more money than it can reinvest in itself, it creates a dividend paying policy for shareholders. For that reason, you’ll rarely see growth companies, small caps, or start-ups issue dividends.

In Canada, some top dividend stocks include:

More information about dividend stocks in Canada:

To learn more about Dividend Stocks, take a look at our Guide to Dividend Investing for all the details.

Check back here for the most up to date information about dividend stocks in Canada.

Recent Dividend Stocks News

Couple working on laptops at home and fist bumping
Dividend Stocks

TFSA Investors: 1 “Set-it-and-Forget-it” Stock for 2026

| Kay Ng

This "set-it-and-forget-it" stock for the TFSA today offers a rare combination of discounted valuation, income, and high growth potential.

Read more »

dividend stocks are a good way to earn passive income
Dividend Stocks

My 3 Favourite Canadian Stocks for Passive Income

| Jitendra Parashar

These three stocks offer a simple way to build reliable passive income over time.

Read more »

dividend stocks are a good way to earn passive income
Dividend Stocks

A Practically Perfect TFSA Stock With a 10.3% Monthly Payout for March 2026

| Amy Legate-Wolfe

PGI.UN is a TFSA-friendly way to target high monthly income, but the payout only matters if the fund’s bond portfolio…

Read more »

woman gazes forward out window to future
Dividend Stocks

How to Create Your Own Pension With Dividend Stocks

| Puja Tayal

Find out important information about pensions, focusing on the Canada Pension Plan and how it impacts your retirement.

Read more »

woman considering the future
Dividend Stocks

5 Canadian Stocks Built for Buy-and-Hold Investors

| Andrew Walker

These TSX dividend stars have the balance sheet strength to ride out market turbulence.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Transform Any TFSA Into a Cash-Generating Machine With Even $10,000

| Amy Legate-Wolfe

Turn $10,000 in a TFSA into a tax-free income engine by pairing a steady dividend grower with a higher-yield monthly…

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Dividend Stocks

How to Convert $25,000 in TFSA Savings Into Reliable Cash Flow

| Demetris Afxentiou

Learn how to turn $25,000 in TFSA savings into a reliable cash flow using BNS, ENB, and PPL for steady,…

Read more »

AI concept person in profile
Dividend Stocks

1 Magnificent Canadian Tech Stock Down 35% to Buy and Hold for Decades

| Amy Legate-Wolfe

Enghouse is a profitable Canadian software company that looks cheaper now, even as it keeps generating cash.

Read more »

Canadian dollars in a magnifying glass
Dividend Stocks

BCE’s Dividend Is Under the Microscope – Here’s What I See

| Joey Frenette

BCE (TSX:BCE) stock may have reduced its dividend, but it's in better shape today and could be on the path…

Read more »

TFSA (Tax-Free Savings Account) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

Got $21,000? Turn Your TFSA Into a Cash-Gushing Machine

| Amy Legate-Wolfe

Want to put $21,000 in a TFSA to work? A high-yield monthly payer like Timbercreek can turn it into tax-free…

Read more »

Business success of growth metaverse finance and investment profit graph concept or development analysis progress chart on financial market achievement strategy background with increase hand diagram
Dividend Stocks

2 Stocks I Loaded Up on in 2025 for Long-Term Wealth

| Amy Legate-Wolfe

If you want long-term wealth builders on the TSX, one offers instant diversification while the other compounds through insurance profits…

Read more »

buildings lined up in a row
Dividend Stocks

This TSX Dividend Stock Is Down 60% and Worth Holding for Decades

| Amy Legate-Wolfe

Allied Properties looks battered after a brutal sell-off, but a dividend reset and debt-reduction plan could set up a long…

Read more »

A child pretends to blast off into space.
Dividend Stocks

2 Growth Stocks Set to Skyrocket in 2026

| Jitendra Parashar

These two Canadian growth stocks are showing strong momentum and could deliver big gains in 2026.

Read more »

Safety helmets and gloves hang from a rack on a mining site.
Dividend Stocks

1 Canadian Dividend Stock Down 10% to Hold Forever

| Amy Legate-Wolfe

This beaten-down TSX dividend payer is quietly boosting cash flow, buying back units, and raising its monthly payout.

Read more »

pregnant mother juggles work and childcare
Dividend Stocks

2 Dividend Stocks to Hold for the Next 20 Years

| Demetris Afxentiou

These two reliable dividend stocks to hold for can provide stability, income, and growth for investors building a 20-year portfolio.

Read more »

fast shopping cart in grocery store
Dividend Stocks

The Best Canadian Stocks to Buy and Hold Forever in a TFSA

| Jitendra Parashar

These two Canadian stocks could be perfect long-term TFSA picks for steady and reliable wealth building.

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

Here Are My 2 Favourite ETFs to Buy for High-Yield Passive Income in 2026

| Daniel Da Costa

These two reliable ETFs are easily some of the top funds that Canadian investors can buy for compelling passive income…

Read more »

delivery truck drives into sunset
Dividend Stocks

The Absolute Best Canadian Stocks to Buy and Hold Forever in a TFSA

| Jitendra Parashar

Strong businesses, steady growth, and reliable returns make these two stocks ideal TFSA picks.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

This TSX-Listed ETF Pumps Tax-Free Monthly Cash Into Your TFSA

| Brian Paradza, CFA

This ultra‑lean dividend ETF delivers monthly payouts from the top 21 of Canada’s highest‑quality dividend stocks -- tax‑free inside your…

Read more »

young people dance to exercise
Dividend Stocks

4 Canadian Stocks to Buy if You Want Instant Income

| Amy Legate-Wolfe

Get paid while you wait: four TSX income names with cash-flow support that can make dividends feel less like a…

Read more »

man in bowtie poses with abacus
Dividend Stocks

TFSA Investors: Don’t Chase Yield — Do This Instead

| Daniel Da Costa

Here's how you can find the best dividend stocks to buy in your TFSA for years of significant, consistent, and…

Read more »

cookies stack up for growing profit
Dividend Stocks

5 Canadian Dividend Stocks That Could Grow Your Paycheque Over Time

| Amy Legate-Wolfe

Dividend “paycheques” grow fastest when payouts are covered by earnings or FFO and management keeps raising them responsibly.

Read more »

workers walk through an office building
Dividend Stocks

Here’s the Average TFSA and RRSP at Age 45

| Puja Tayal

Learn why a TFSA is crucial for Canadians planning for retirement. Find out how it compares to an RRSP for…

Read more »

businessmen shake hands to close a deal
Dividend Stocks

1 High-Yield Dividend Stock You Can Buy and Hold for a Decade of Income

| Daniel Da Costa

This top TSX dividend stock to buy now not only offers an attractive high yield, but also reliable dividend growth…

Read more »

young adult uses credit card to shop online
Dividend Stocks

5 Canadian Stocks I’d Buy if I Wanted Instant Income

| Amy Legate-Wolfe

Build a “get paid while you wait” portfolio with five TSX dividend names that spread income across utilities, real estate,…

Read more »

Trans Alaska Pipeline with Autumn Colors
Dividend Stocks

Enbridge Stock: Buy Now or Wait for a Pullback?

| Andrew Walker

Enbridge just hit a record high. Are more gains on the way?

Read more »

man in bowtie poses with abacus
Dividend Stocks

How Much Canadians Typically Have in a TFSA by Age 55

| Amy Legate-Wolfe

The average 55-to-59-year-old's TFSA balance is a useful benchmark, but Loblaw shows how investing well can still move the needle.

Read more »

stocks climbing green bull market
Dividend Stocks

The Canadian Dividend Stock I’d Trust When Markets Get Choppy

| Brian Paradza, CFA

Intact Financial (TSX:IFC) stock is the TSX dividend fortress that just keeps delivering

Read more »

dividends can compound over time
Dividend Stocks

3 Ultra-High-Yield Dividend Stocks I’m Still Buying

| Amy Legate-Wolfe

These three ultra-high yields look tempting, but each one pays you in a very different (and with a very different…

Read more »

Aerial view of a wind farm
Dividend Stocks

Maximum TFSA Impact: 2 TSX Stocks to Help Multiply Your Wealth

| Jitendra Parashar

Want to get more out of your TFSA? These two TSX stocks could help you grow wealth steadily over time.

Read more »

Canada day banner background design of flag
Dividend Stocks

The Very Best Canadian Stocks to Hold Forever in a TFSA

| Demetris Afxentiou

The best Canadian stocks to hold forever in a TFSA, and why CNR, BCE, and GRT.UN offer long‑term stability, income,…

Read more »

House models and one with REIT real estate investment trust.
Dividend Stocks

It’s Time to Buy: 1 Oversold TSX Stock Poised for a Comeback

| Daniel Da Costa

Here's why this oversold TSX stock, offering a dividend yield above 4%, might just be the best long-term investment you…

Read more »

Concept of rent, search, purchase real estate, REIT
Dividend Stocks

This 10.4% Dividend Stock Pays Cash Every Single Month

| Amy Legate-Wolfe

Timbercreek’s 10%+ monthly yield is being supported by a growing mortgage book, even as it cleans up older problem assets.

Read more »

middle-aged couple work together on laptop
Dividend Stocks

How to Make Money in a TFSA With Dividend Stocks

| Andrew Walker

Dividend stocks can deliver income as well as capital gains for patient TFSA investors.

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

A TFSA Pick Yielding 6.9% With Dependable Cash Payments

| Puja Tayal

Unlock the potential of your TFSA by understanding its investment opportunities and tax benefits for Canadians.

Read more »

runner checks her biodata on smartwatch
Dividend Stocks

A 4% Dividend Stock That’s Quietly Becoming a Top Pick for 2026

| Amy Legate-Wolfe

Sun Life offers a 4%+ dividend backed by strong earnings, making it a quieter 2026 income pick.

Read more »

Person holding a smartphone with a stock chart on screen
Dividend Stocks

This Canadian Stock Is 23% Cheaper Today, But It’s a “Forever” Hold

| Jitendra Parashar

This beaten-down Canadian stock could be a rare chance to buy a long-term winner at a discount.

Read more »

a person watches a downward arrow crash through the floor
Dividend Stocks

The First 2 Stocks I’m Buying if the Market Crashes

| Jitendra Parashar

If the market crashes, these two reliable dividend stocks are at the top of my buying list for steady income…

Read more »

Colored pins on calendar showing a month
Dividend Stocks

This Canadian Dividend Stock Pays 7.1% and Never Misses a Month

| Daniel Da Costa

This unique Canadian stock isn't just a top high-yield pick; it's also been consistently increasing its dividend in recent years.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

3 Canadian Stocks That Are Winning as the Loonie Falters

| Amy Legate-Wolfe

When the loonie weakens, TSX winners are often companies with U.S.-dollar revenue and costs that don’t rise as fast.

Read more »