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

dividend growth for passive income
Dividend Stocks

3 Dividend Stocks That Are Growth Plays, Too

| Chris MacDonald

Finding top-tier dividend stocks that provide more than just their yield (also long-term upside) isn't easy. But these three stocks…

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Transform Your TFSA Into a Money-Making Machine With Just $10,000

| Daniel Da Costa

Here's how you can use your TFSA to build real wealth and two top dividend growth stocks that are ideal…

Read more »

Yellow caution tape attached to traffic cone
Dividend Stocks

Why Chasing High Yields Is the Fastest Way to Lose Money

| Daniel Da Costa

Here's why high-yield dividend stocks come with so much risk, and how to ensure the stocks you're buying are safe…

Read more »

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

1 Dynamic Dividend Stock Down 19% to Buy Now and Hold for Decades

| Andrew Walker

This stock might have finally found a bottom.

Read more »

Abstract Human Skull representing AI
Dividend Stocks

How to Invest in AI Without Buying Tech Stocks

| Puja Tayal

Learn how AI can positively impact your income. Explore investment options for growth and regular earnings in AI sectors.

Read more »

Piggy bank and Canadian coins
Dividend Stocks

How to Leverage a TFSA to Effectively Double Your Contribution

| Kay Ng

Aim to generate a mix of income and price appreciation to achieve $7,000 of returns a year, effectively "doubling" your…

Read more »

happy woman throws cash
Dividend Stocks

Beat The TSX With These Cash-Gushing Dividend Stocks

| Puja Tayal

Explore the latest trends in stocks and learn how to identify safe dividend stocks for your investment portfolio.

Read more »

worker carries stack of pizza boxes for delivery
Dividend Stocks

5.8% Dividend Yield: I’m Loading Up on This Monthly Passive Income Stock

| Daniel Da Costa

Here's why this reliable royalty stock made for dividend investors is the perfect pick to help boost your passive income…

Read more »

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

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

| Daniel Da Costa

These four picks offer a mix of the best Canadian dividend and growth stocks to buy in your TFSA now…

Read more »

woman checks off all the boxes
Dividend Stocks

5 Tricks of TFSA Millionaires

| Amy Legate-Wolfe

TFSA millionaires aren’t chasing a secret stock. They’re using simple habits and low-fee ETFs like VGRO to compound tax-free for…

Read more »

chatting concept
Dividend Stocks

5 TSX Dividend Stocks to Hold for the Next Decade

| Andrew Walker

These TSX stocks should be solid picks for a buy-and-hold portfolio.

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

This Monthly Dividend Stock Could Make March Feel Like Payday Season

| Amy Legate-Wolfe

Dream Industrial’s monthly payout can make budgeting feel easier, but the real appeal is its industrial rent coverage and steady…

Read more »

senior man smiles next to a light-filled window
Dividend Stocks

3 Top Investing Strategies for Baby Boomers Nearing Retirement

| Chris MacDonald

Investors who are nearing retirement have plenty to consider. That said, here are three top strategies I'm personally implementing and…

Read more »

Child measures his height on wall. He is growing taller.
Dividend Stocks

If Growth Is Your Game, We Have the Name of the Dividend Stock for You

| Puja Tayal

Are you confused about investing in dividend or growth stocks? Here are a few dividend stocks generating capital and dividend…

Read more »

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

Grab These Dividend Stocks Now, Before Their Prices Rise and Yields Drop

| Chris MacDonald

These dividend stocks look like unparalleled total return opportunities over time, and still look undervalued relative to their potential.

Read more »

shoppers in an indoor mall
Dividend Stocks

This Perfect TFSA Stock Yields 5.5 Percent Annually and Pays Cash Every Single Month

| Brian Paradza, CFA

TFSA investors, own the buildings Canadian Tire (TSX:CTC.A) operates from through CT REIT (TSX:CRT.UN), earn a growing 5.5% yield, paid…

Read more »

A child pretends to blast off into space.
Dividend Stocks

1 TSX Stock Set to Soar in 2026 and Beyond

| Amy Legate-Wolfe

MDA Space looks like a 2026 “soarer” candidate because its backlog-powered space business can turn government and defence spending into…

Read more »

A meter measures energy use.
Dividend Stocks

2 Canadian Utility Stocks Poised to Win Big in 2026

| Amy Legate-Wolfe

Utilities could surprise in 2026 if rates ease and power demand keeps rising, and CPX and CU offer two different…

Read more »

man looks worried about something on his phone
Dividend Stocks

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

| Joey Frenette

BCE (TSX:BCE) stock might be worth buying and holding for its huge dividend yield and recovery prospects.

Read more »

data analyze research
Dividend Stocks

Buy Alert: The Top TSX Stocks to Own Right Now

| Daniel Da Costa

Here's why these three impressive TSX stocks are some of the top companies Canadian investors can buy now and hold…

Read more »

Asset allocation is an important consideration for a portfolio
Dividend Stocks

1 Superb Canadian Dividend Stock Down 10% to Buy in Bulk

| Chris MacDonald

Here's why Restaurant Brands (TSX:QSR) could be the single best Canadian stock long-term investors should consider adding right now.

Read more »

Start line on the highway
Dividend Stocks

This Stock Yields 6% and Pays Out Every Month

| Amy Legate-Wolfe

NorthWest Healthcare’s 6% monthly payout looks tempting, but the real story is whether its debt-reduction plan keeps improving coverage.

Read more »

Utility, wind power
Dividend Stocks

Is Brookfield Renewable Stock a Buy for its 4.89 Percent Dividend Yield?

| Karen Thomas, MSc, CFA

A diversified set of energy solutions combined with a strong balance sheet make Brookfield Renewable stock a buy.

Read more »

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

Citi Resets Enbridge Stock Price Target in 2026

| Aditya Raghunath

Citi just raised its stock price target for Enbridge following the energy giant's stellar Q4 results and impressive pipeline of…

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Got $25,000? Transform a TFSA Into a Cash-Gushing Machine

| Aditya Raghunath

Owning quality dividend stocks in the TFSA can help you create a long-term, low-cost passive-income stream with just $25,000.

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

Love Dividend ETFs? 3 Favourites for Outsized Passive Income in 2026

| Chris MacDonald

Canadian investors looking for top dividend ETFs to choose from have three excellent options I'm going to dive into in…

Read more »

dividend growth for passive income
Dividend Stocks

These 3 TSX Stocks Have Delivered More Than 30 Years of Dividend Growth

| Chris MacDonald

These top Canadian dividend stocks look poised to continue what has been very impressive dividend growth runs over the past…

Read more »

A Canada Pension Plan Statement of Contributions with a 100 dollar banknote and dollar coins.
Dividend Stocks

How to Build Your Own Pension When Your Employer Won’t

| Amy Legate-Wolfe

A TFSA can work like a personal pension, and Hydro One is pitched as a steady, regulated stock to anchor…

Read more »

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

Invest $7,000 in This Dividend Stock for $279 in Annual Passive Income

| Puja Tayal

Discover the ideal dividend stock to invest in with your $7,000 TFSA contribution. Learn what to consider before choosing.

Read more »

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

What the TFSA Fine Print Says About Holding U.S. Stocks

| Daniel Da Costa

Here's what to consider before buying U.S. stocks in your TFSA and why the RRSP might be a better option…

Read more »

man touches brain to show a good idea
Dividend Stocks

1 Incredible TSX Dividend Stock to Buy While it’s Down 55%

| Amy Legate-Wolfe

Algonquin’s battered TSX dividend stock could reward patient investors if its turnaround keeps strengthening cash flow and protecting payouts.

Read more »

A plant grows from coins.
Dividend Stocks

Forget GICs! These Dividend Stocks Are a Far Better Buy

| Daniel Da Costa

Although GICs are popular for their safety, these three reliable Canadian dividend stocks are the far better buy for passive…

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

1 Canadian Stock I’d Trust for the Next 10 Years

| Chris MacDonald

Here's why Fortis (TSX:FTS) still looks like one of the best opportunities in the market right now for long-term investors…

Read more »

woman looks at iPhone
Dividend Stocks

2 Safer, High-Yield Dividend Stocks for Canadian Retirees

| Karen Thomas, MSc, CFA

Enbridge and Telus are two quality high-yield dividend stocks worth considering for your retirement income needs.

Read more »

Concept of multiple streams of income
Dividend Stocks

Buy 500 Shares of This Top Dividend Stock for $50/Month in Passive Income

| Amy Legate-Wolfe

DFN’s eye-popping 15%+ yield looks like easy monthly income, but it only lasts if its portfolio value stays safely above…

Read more »

top tfsa stock for monthly passive income 2026
Dividend Stocks

The Top TFSA Stock for Monthly Income in 2026

| Iain Butler and Nick Sciple

Discover the top TFSA stock for monthly passive income with our analysis of this REIT.

Read more »

Woman checking her computer and holding coffee cup
Dividend Stocks

Where Could Telus Stock Be in 3 Years?

| Aditya Raghunath

Down 46% from all-time highs, TELUS is a TSX dividend stock that offers upside potential to long-term shareholders.

Read more »

man looks surprised at investment growth
Dividend Stocks

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

| Amy Legate-Wolfe

Great-West looks like the kind of “buy now, brag later” dividend grower because it can raise payouts without stretching its…

Read more »

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

Boost Your Passive Income With These 3 High-Yield Dividend Stocks

| Rajiv Nanjapla

Given stable cash flows, attractive yield, and a visible growth pipeline, these three Canadian stocks could boost your passive income.

Read more »

Map of Canada with city lights illuminated
Dividend Stocks

3 Canadian Utilities Stocks Poised to Win Big in 2026

| Daniel Da Costa

Here's why these Canadian utilities stocks are some of the best and most reliable investments to buy in 2026 and…

Read more »