Member Login
  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:

  • Procter & Gamble
  • Pembina Pipeline
  • Brookfield Infrastructure Partners
  • Fortis Inc.
  • Polaris Infrastructure

More information about dividend stocks in Canada:

[KevelPitch/]

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

Printing canadian dollar bills on a print machine
Dividend Stocks

Turn Your TFSA Into a $500/Monthly Dividend Machine

| Amy Legate-Wolfe

Turn your TFSA into a tax-free monthly paycheque with a balanced mix of reliable dividend stocks, REITs, and disciplined reinvestment.

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

Affordable Stability: Large-Cap Stocks You Can Buy Under $50

| Daniel Da Costa

Here are four of the best large-cap stocks that Canadian investors can buy now and hold for years to come.

Read more »

coins jump into piggy bank
Dividend Stocks

2 Dividend Stocks to Buy for Steady Passive Income

| Kay Ng

Investors focused on earning passive income can take a closer look at these two solid names.

Read more »

hand stacks coins
Dividend Stocks

The 3 Best Dividend Stocks for Canadians in 2025

| Amy Legate-Wolfe

Hunting for dependable TSX dividend winners in 2025? Waste Connections, Fortis, and Telus combine steady cash flow, dividend growth, and…

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 Blue-Chip Canadian Stocks That Offer 5.6% Dividend Yields

| Brian Paradza, CFA

Here's why BCE’s 5.4% dividend yield and Enbridge’s 5.6% yield tell two compelling passive income investment stories

Read more »

dividends can compound over time
Dividend Stocks

1 No-Brainer Dividend Stock to Buy Now and Hold Forever

| Daniel Da Costa

Here’s why this global company is one of the best dividend stocks to buy right now and hold for decades…

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

Retirement Edging in? It’s Not too Late to Catch Up

| Amy Legate-Wolfe

Late to saving? VXC gives cheap, global diversification so your TFSA can compound growth and help you catch up.

Read more »

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

Turn Your TFSA Into a $1,000/Month Dividend Machine

| Sneha Nahata

These TSX-listed stocks reward shareholders with monthly dividends and offer a high and sustainable yield of 7% or more.

Read more »

The RRSP (Canadian Registered Retirement Savings Plan) is a smart way to save and invest for the future
Dividend Stocks

3 Canadian Dividend Stocks to Own for Retirement Income

| Sneha Nahata

These Canadian dividend stocks have time-tested business models, generate consistent profitability, and pay and increase their dividends.

Read more »

Dividend Stocks

The Smartest Canadian Stock to Invest $5,000 in Right Now

| Christopher Liew, CFA

A top-tier Canadian gold stock is a smart buy right now regardless of the investment amount.

Read more »

An investor uses a tablet
Dividend Stocks

Protect Your Investments With These 2 TSX Stocks

| Adam Othman

Add these two TSX stocks to your self-directed investment portfolio to secure long-term capital gains.

Read more »

Happy golf player walks the course
Dividend Stocks

3 Top Dividend Stocks for Yield-Loving Investors

| Chris MacDonald

Let's dive into three of the top Canadian dividend stocks yield-hungry investors can buy and hold long term and sleep…

Read more »

top TSX stocks to buy
Dividend Stocks

3 Blue-Chip Dividend Stocks Every Canadian Should Own

| Sneha Nahata

These TSX blue-chip stocks have paid and increased their dividends for decades and are likely to sustain their payouts over…

Read more »

ways to boost income
Dividend Stocks

An 8.12%-Yield Dividend Stock That Could Benefit After Recent Bank of Canada Rate Cuts

| Joey Frenette

Telus (TSX:T) stock is a dirt-cheap bargain after recent rate cuts, even amid considerable industry challenges.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Investors: How to Turn $20K Into a Cash Flow Machine

| Robin Brown

$20,000 can become an income-yielding machine. Here's a four-stock portfolio that could earn nearly $950 a year in cash.

Read more »

Two seniors walk in the forest
Dividend Stocks

Steps to Take if CPP Is Partial Replacement of Pre-Retirement Income

| Christopher Liew, CFA

Canadians have ways or can take steps to fill the CPP’s shortfall and boost retirement income.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Turn Your TFSA Into a $500/Monthly Dividend Machine

| Demetris Afxentiou

Here are two stellar REITs that pay monthly.

Read more »

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

Which Dividend Stocks in Canada Can Survive Rate Cuts?

| Amy Legate-Wolfe

Bank of Canada rate cuts shift the landscape, and Granite REIT could benefit, offering reliable, growing income from industrial, logistics,…

Read more »

Dam of hydroelectric power plant in Canadian Rockies
Dividend Stocks

2 Canadian Dividend Giants That Belong in Every Portfolio

| Amy Legate-Wolfe

Want dependable, growing income? Hydro One and BMO offer steady, rising dividends backed by essential services and strong balance sheets.

Read more »

Hourglass projecting a dollar sign as shadow
Dividend Stocks

This 10.2% Dividend Stock Pays Me Every Month Like Clockwork

| Amy Legate-Wolfe

Do you want steady monthly cash flow? HDIF packs diversification and covered‑call income into one ETF, currently paying a roughly…

Read more »

stock chart
Dividend Stocks

Stocks to Hold Tight Through a Dip in the Market

| Robin Brown

If you're looking for some defensive stocks to hold through a market pullback, here are three I’m contemplating adding now.

Read more »

dividends can compound over time
Dividend Stocks

3 Dividend Stocks That Have Never Cut Their Payouts

| Sneha Nahata

These Canadian stocks have never cut their payouts, even during economic downturns, making them top choices for passive income.

Read more »

A meter measures energy use.
Dividend Stocks

The Canadian Dividend Stock I’d Trust for the Next 10 Years

| Demetris Afxentiou

Looking for a dividend stock you can trust for the next decade? Fortis offers unmatched consistency and growth.

Read more »

Young adult concentrates on laptop screen
Stocks for Beginners

My Top 5 Canadian Stock Picks for New Investors

| Kay Ng

New investors can build positions over time for long-term wealth creation and dividend income generation.

Read more »

resting in a hammock with eyes closed
Dividend Stocks

Don’t Sleep on These 2 Small-Cap Canadian Stocks to Buy Now

| Jitendra Parashar

These two Canadian small-cap stocks are showing strong growth momentum and could be gearing up for even bigger gains.

Read more »

Close-up of people hands taking slices of pepperoni pizza from wooden board.
Dividend Stocks

Down 28% But Still a Perfect Buy for Long-Term Passive Income

| Amy Legate-Wolfe

MTY’s nearly 30% pullback could be a buying opportunity. The franchisor’s steady fee income, growing dividend, and acquisition strategy point…

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

This 4.6% Dividend Stock Is the Closest Thing to an Income Guarantee

| Amy Legate-Wolfe

Canadian Utilities offers regulated, predictable cash flow, a +50-year dividend-growth streak, and a 4.6% yield. It's a steady income pick…

Read more »

man looks surprised at investment growth
Stock Market

What’s Going on With BCE Stock After Q3 Earnings?

| Jitendra Parashar

BCE stock is on the move today after the telecom giant delivered a solid earnings beat and free cash flow…

Read more »

Concept of multiple streams of income
Dividend Stocks

A Dividend Champion Every Canadian Needs in Their TFSA

| Jitendra Parashar

Consistent cash flows, smart capital discipline, and growing dividends are turning this Canadian energy stock into a true TFSA champion.

Read more »

Real estate investment concept with person pointing on growth graph and coin stacking to get profit from property
Dividend Stocks

This 8% Dividend Stock Could Be the Ultimate Retirement Hack

| Amy Legate-Wolfe

Firm Capital Property Trust offers a near‑8% monthly yield, diversified real‑estate and mortgage income, and conservative leverage – a steady…

Read more »

shopper pushes cart through grocery store
Dividend Stocks

1 Overlooked TSX Dividend Stock to Buy Now and Hold for Decades

| Chris MacDonald

Could acquisitive Couche-tard shift to a dividend-first strategy and return excess funds to shareholders?

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

3 Canadian Stocks That Deliver Income and Potential Capital Gains

| Amy Legate-Wolfe

These three modest-yielding Canadian dividend stocks combine steady payouts with real growth catalysts that could drive capital gains.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Use Your TFSA to Earn $300 Per Month in Tax-Free Income

| Rajiv Nanjapla

These two monthly-paying dividend stocks with high yields can boost your passive income.

Read more »

monthly calendar with clock
Dividend Stocks

This 5.6% Dividend Stock Pays Me Every Month Like Clockwork

| Sneha Nahata

This 5.6% dividend stock has the ability to sustain it payouts and can help you generate a monthly income of…

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

2 Magnificent TSX Dividend Stocks Trading at a Discount to Buy Now and Own Forever

| Amy Legate-Wolfe

Two under-the-radar TSX dividend stocks offer steady cash flow, durable business models, and undervalued, reliable income potential.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

2 Dividend Stocks to Buy for Lifetime Income

| Demetris Afxentiou

Investors looking to establish a lifetime income stream that continues to grow over time should consider these two gems.

Read more »

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

Buy 305 shares of This Super Dividend Stock for $1,150/Year in Passive Income

| Sneha Nahata

This TSX stock’s steady earnings base and commitment to returning capital to shareholders makes it a must-have in dividend portfolios.

Read more »

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

3 Dividend Stocks That Make Your Money Work Harder So You Don’t Have to

| Amy Legate-Wolfe

These three under-the-radar TSX dividend names offer steady cash flow, high yields, and different strategies to generate reliable income.

Read more »

Canada national flag waving in wind on clear day
Dividend Stocks

3 Canadian Stocks You Can Buy Today and Hold Forever

| Jitendra Parashar

Here are three amazing Canadian stocks with strong fundamentals and consistent performance that make them ideal long-term holdings.

Read more »

coins jump into piggy bank
Dividend Stocks

This Overlooked Dividend Giant Could Fund Your Retirement for Decades

| Amy Legate-Wolfe

Telus pairs a high yield and steady dividend growth with growing tech businesses, making it a potential long-term income cornerstone…

Read more »