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.

Top Articles

A plant grows from coins.
Dividend Stocks

3 TSX Dividend Stocks That Could Pay You Forever

| Jed Lloren

Are you interested in dividend stocks? These three picks could pay you forever!

Read more »

Dividend Stocks

Enbridge Is a High-Yielding Canadian Dividend Stock to Buy Now and Own Forever

| Demetris Afxentiou

Are you looking for a high-yielding Canadian dividend stock to buy? Enbridge (TSX:ENB) has plenty to offer investors.

Read more »

Dividend Stocks

TFSA Investors: Why You Should Invest Your Room ASAP With These 3 Stocks

| Adam Othman

Choosing the right TFSA stocks for your portfolio might take some time. But with the right choices, you can stick…

Read more »

Dividend Stocks

How to Generate $500 in Passive Income Each Month

| Puja Tayal

Instead of letting the stock market control your earnings, take control. Earn stable passive income with this strategy.

Read more »

Dividend Stocks

Need Passive Income? Turn $5,000 Into $23.85 Every Month

| Amy Legate-Wolfe

If you're looking for passive income that comes in like a paycheque, this dividend stock provides that to you along…

Read more »

Dividend Stocks

TFSA Investors: Park These 2 TSX Stocks Before They Soar

| Adam Othman

Consider investing in these two Canadian stocks if you’re looking for assets to buy, hold, and park in a self-directed…

Read more »

A worker uses a double monitor computer screen in an office.
Dividend Stocks

This TSX Stock Is Super Cheap and Pays a Monster Dividend

| Puja Tayal

The bear market has created an opportunity to make short-term gains and lock in high dividends by buying this TSX…

Read more »

Dividend Stocks

3 Growth Stocks You Can Buy Right Now with Less Than $100

| Christopher Liew, CFA

Capital of less than $100 is enough to buy one of these three promising growth stocks that don't belong to…

Read more »

Recent Dividend Stocks News

Income and growth financial chart
Dividend Stocks

Stock Market Sell-Off: 3 Stocks I’m Still Buying Now

| Christopher Liew, CFA

A cautious but opportunistic approach using three TSX stocks can help navigate the current war-driven volatility and ensuing market sell-offs.

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

Passive-Income Investors: This TSX Stock Has a 3.38% Dividend Yield With Monthly Payouts

| Karen Thomas, MSc, CFA

Northland Power's stock price has fallen 36% in three years, providing a rare opportunity to buy this passive-income stock on…

Read more »

An investor uses a tablet
Dividend Stocks

2 Bruised Dividend Titans Worth Buying on the Cheap

| Brian Paradza, CFA

Here's why Propel Holdings (TSX:PRL) and goeasy (TSX:GSY) are cheap dividends stocks that could rock a contrarian investor's portfolio...

Read more »

Aerial view of a wind farm
Dividend Stocks

This Stock Yields 3.3% and Pays Out Each Month

| Rajiv Nanjapla

Given the favourable industry backdrop, ongoing growth initiatives, and its attractive valuation, Northland Power appears to be a compelling option…

Read more »

chart reflected in eyeglass lenses
Dividend Stocks

This TSX Dividend Stock is Down 48% and Still Worth Every Dollar

| Brian Paradza, CFA

Down 48% from its highs, goeasy (TSX:GSY) stock offers a 5.2% yield. The lender is ripe for bargain hunting before…

Read more »

Data center servers IT workers
Dividend Stocks

A TFSA Dividend Stock Yielding 4.7% With Consistent Cash Flow

| Karen Thomas, MSc, CFA

Brookfield Infrastructure Partners is an ideal stock for your TFSA due to its strong cash flow producing infrastructure assets.

Read more »

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

Your TFSA Should Be Your Income Engine, Not Your RRSP

| Chris MacDonald

Here's a compelling argument as to why a TFSA may actually be the better investing vehicle for long-term dividend compounding…

Read more »

Map of Canada showing connectivity
Dividend Stocks

Got $21,000? A Dividend Stock Worth Buying in a TFSA

| Rajiv Nanjapla

Given its resilient underlying business, visible growth prospects, and long track record of consistent dividend increases, Fortis would be an…

Read more »

Real estate investment concept
Dividend Stocks

1 Incredibly Cheap Canadian Dividend Growth Stock to Buy Now and Hold for Decades

| Sneha Nahata

This TSX dividend grower is trading incredibly cheap, while its strong revenue and earnings base will likely support payouts.

Read more »

Middle aged man drinks coffee
Dividend Stocks

2 Canadian Dividend Stocks Every Investor Should Consider Owning

| Joey Frenette

Hydro One (TSX:H) and another blue chip that pays fat and growing dividends.

Read more »

Canadian Dollars bills
Dividend Stocks

Turn a TFSA Into $300 in Monthly Tax-Free Income

| Robin Brown

Do you need some extra monthly income? Here are four stocks that can help you earn $300 per month of…

Read more »

woman checks off all the boxes
Dividend Stocks

The 3 Dividend Stocks I Think Every Investor Should Own

| Sneha Nahata

These dividend stocks have sustainable payout ratios and are well-positioned to keep rewarding investors with higher dividend.

Read more »

A woman stands on an apartment balcony in a city
Dividend Stocks

3 Dirt Cheap Stocks to Buy With $1,000 Right Now

| Chris MacDonald

These three Canadian stocks do indeed look dirt cheap to me, as top ways for investors to gain exposure to…

Read more »

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

This 7.6% Dividend Stock Pays Cash Every Month

| Brian Paradza, CFA

For under $5 per unit, BTB REIT (TSX:BTB.UN) could add a juicy 7.6% well-covered monthly passive income stream to your…

Read more »

jar with coins and plant
Dividend Stocks

Income Investors: These Canadian Companies Are Raising Their Payouts

| Joey Frenette

Barrick Mining (TSX:ABX) and another dividend grower to keep on your watchlist this Spring.

Read more »

leader pulls ahead of the pack during bike race
Dividend Stocks

1 Unstoppable Dividend Stock to Buy With $400 Right Now

| Sneha Nahata

This dividend stock has consistently rewarded shareholders with both stable income and strong capital appreciation.

Read more »

Quality Control Inspectors at Waste Management Facility
Dividend Stocks

The Best Stocks to Invest $10,000 in Right Now

| Robin Brown

Looking for some resilient blue-chip stocks that should be safe from AI disruption? Check out these lesser-known industrial stocks.

Read more »

dividend stocks bring in passive income so investors can sit back and relax
Dividend Stocks

3 Dividend Stocks Every Canadian Should Own

| Kay Ng

Canadians should look more closely at these dividend stocks offering a nice blend of stability, global growth exposure, and high…

Read more »

money goes up and down in balance
Dividend Stocks

What to Know About Canadian Value Stocks for 2026

| Chris MacDonald

Here's my broad commentary around why Canadian stocks look cheap right now, and a couple top opportunities for investors to…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Structure a TFSA With $14,000 for Lifelong Monthly Income

| Robin Brown

If you got $14,000 to invest in your TFSA, these four dividend stocks earn you a safe and growing stream…

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

3 Canadian Stocks Billionaires Are Buying in Bulk

| Chris MacDonald

Investors looking for insider buying activity (particularly from billionaires) may want to consider these three Canadian stocks right now.

Read more »

hand stacks coins
Dividend Stocks

3 Canadian Dividend Stocks With Passive Income That Keeps Growing

| Chris MacDonald

These top Canadian dividend stocks provide the sort of total return upside so many investors are looking for. Here's why…

Read more »

A meter measures energy use.
Dividend Stocks

How Does Fortis Stack Up Against Other Utility Stocks?

| Chris MacDonald

Here's why I think Fortis (TSX:FTS) could be among the best world-class stocks investors should consider in the market right…

Read more »

golden sunset in crude oil refinery with pipeline system
Dividend Stocks

Dividend Investors: Top Canadian Energy Stocks for March

| Rajiv Nanjapla

Given their resilient asset base, strong balance sheet, disciplined capital allocation, and consistent dividend growth, these two energy stocks are…

Read more »

Senior uses a laptop computer
Dividend Stocks

3 Canadian Dividend Stocks Perfectly Suited for Retirees

| Demetris Afxentiou

Three top Canadian dividend stocks retirees can rely on: Enbridge, Fortis, and CIBC. Stable income, essential services, and long-term dividend…

Read more »

Hourglass and stock price chart
Dividend Stocks

2 Dividend Stocks to Hold for the Next 5 Years

| Rajiv Nanjapla

Given their strong fundamentals, promising growth outlook, and reliable dividend histories, these two stocks present compelling buying opportunities for long-term…

Read more »

child in yellow raincoat joyfully jumps into rain puddle
Dividend Stocks

5 TSX Dividend Stocks I’d Jump to Buy When the TSX Pulls Back

| Amy Legate-Wolfe

A pullback makes high yields more powerful -- but only when businesses can fund them with durable cash generation.

Read more »

monthly calendar with clock
Dividend Stocks

Use a TFSA to Earn $500 a Month With No Tax

| Rajiv Nanjapla

These two dividend stocks could help you earn tax-free monthly payouts of over $500.

Read more »

Yellow caution tape attached to traffic cone
Dividend Stocks

Should You Buy This TSX Dividend Stock for its 9.1% Yield?

| Sneha Nahata

This TSX dividend stock has shown a strong commitment to returning capital to shareholders. However, its ultra high yield warrants…

Read more »

Canadian dollars in a magnifying glass
Dividend Stocks

The Top 3 Dividend Stocks I’d Tell Anyone to Buy

| Demetris Afxentiou

A simple, beginner‑friendly breakdown of three Canadian dividend stocks that offer reliable income, stability, and long-term growth potential.

Read more »

people ride a downhill dip on a roller coaster
Dividend Stocks

3 TSX Stocks to Buy During a Market Dip

| Amy Legate-Wolfe

Market dips can be opportunities if a company’s cash flow covers payouts and its balance sheet can handle higher interest…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Use Your TFSA Contribution Room to Build Monthly Cash Flow

| Sneha Nahata

Allocating $7,000 in these TSX stocks could help you build a TFSA portfolio that will generate $35 per month in…

Read more »

dividend growth for passive income
Dividend Stocks

3 Canadian Dividend Stocks for Passive Income That Keeps Growing

| Kay Ng

Are you looking for passive income? Look into these three Canadian dividend stocks that trade at good valuations.

Read more »

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

Will a Stronger Loonie Reshape TSX Returns?

| Demetris Afxentiou

The Canadian dollar is strengthening. A stronger loonie could reshape TSX sector performance to benefit domestically focused companies.

Read more »

coins jump into piggy bank
Dividend Stocks

Where to Invest During Market Turbulence: Gold, Staples or Cash?

| Demetris Afxentiou

When market turbulence hits, investors rotate out of more volatile areas of the market. Here’s where investors shift to.

Read more »

Man data analyze
Dividend Stocks

3 TSX Dividend Stocks With Payout Ratios You Can Actually Trust

| Daniel Da Costa

These three TSX dividend stocks don't just offer growth potential and attractive yields; they also have highly sustainable dividends.

Read more »

hand stacks coins
Dividend Stocks

Sustainable Stocks for Passive Income Investing in 2026

| Daniel Da Costa

If you're looking for reliable dividend stocks that can generate sustainable passive income for years, these three stocks are among…

Read more »

Muscles Drawn On Black board
Dividend Stocks

3 Canadian Stocks Billionaires Are Buying in Bulk

| Chris MacDonald

Investors looking for insider buying activity (particularly from billionaires) may want to consider these three Canadian stocks right now.

Read more »

Dividend Stocks

Growth, Value, Dividends: 1 Canadian Stock In Each Category to Buy Immediately

| Chris MacDonald

For investors seeking top-tier opportunities in the world of value, growth and dividend stocks, here are three great ideas spanning…

Read more »

man in suit looks at a computer with an anxious expression
Dividend Stocks

A Year Later: 1 Canadian Stock That Proved the Doubters Wrong, and 1 That Didn’t

| Amy Legate-Wolfe

Couche-Tard and goeasy show how patience can pay when strong operators keep executing through ugly headlines.

Read more »