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

person with spyglass looks at ocean horizon
Dividend Stocks

This 5.9% Dividend Stock Is One I’ll Never Sell — Here’s Why

| Jitendra Parashar

This Canadian dividend stock has a great combination of a 5.8% dividend yield, resilient cash flow, and billions of dollars…

Read more »

concept of growth
Dividend Stocks

The Dividend Stock I’d Never Sell, Even in a Downturn

| Demetris Afxentiou

Fortis is a dividend stock I'd hold through a downturn. Its regulated utilities and dividend growth support a patient approach…

Read more »

frustrated shopper at grocery store
Dividend Stocks

2 Dividend Stocks Retirees Can Count on for Decades

| Jitendra Parashar

These two Canadian dividend stocks offer a great mix of essential businesses, regular dividends, and long-term growth investments that could…

Read more »

customer comparison shops in liquor store
Dividend Stocks

How Much TFSA Income Triggers an OAS Clawback?

| Jitendra Parashar

The OAS clawback is based on net world income, with a 2025 minimum recovery threshold of $93,454, not on a…

Read more »

ETF is short for exchange traded fund, a popular investment choice for Canadians
Dividend Stocks

Create a Set-And-Forget Portfolio With Just 3 ETFs

| Demetris Afxentiou

Build a set-and-forget portfolio with VCN, XUU, and XEF, three ETFs offering broad exposure to Canadian, U.S., and international stocks.

Read more »

voice-recognition-talking-to-a-smartphone
Dividend Stocks

1 Canadian Dividend Stock Down 22% I’d Buy Right Now

| Sneha Nahata

The Canadian dividend stock has witnessed a notable pullback, creating a buying opportunity for investors looking for steady income.

Read more »

Colored pins on calendar showing a month
Dividend Stocks

How to Build a Canadian Portfolio That Pays You Monthly

| Robin Brown

If you like monthly income, this mix of five real estate, industrials, and energy stocks can pay you attractive monthly…

Read more »

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

The Best Monthly-Paying Dividend Stock on the TSX Right Now

| Jitendra Parashar

This monthly dividend stock offers an attractive mix of nearly 5% yield, monthly distributions, and a deeply discounted unit price…

Read more »

Warning sign with the text "Trade war" in front of container ship
Dividend Stocks

The Trade War Is Raising Prices Again: This Canadian Grocer Can Protect Its Margins

| Amy Legate-Wolfe

Trade tensions can raise specific retail costs even when overall grocery inflation is slowing, putting purchasing scale at a premium.

Read more »

Forklift in a warehouse
Dividend Stocks

Apartment Rents Are Slowing: I’d Buy This Canadian REIT Instead

| Amy Legate-Wolfe

Cooling apartment asking rents make industrial real estate worth another look for investors seeking a different source of monthly income.

Read more »

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

3 Ways to Maximize Your TFSA Before Year-End

| Demetris Afxentiou

Maximize your TFSA before year-end with three different approaches to investing for long-term income and growth.

Read more »

monthly calendar with clock
Dividend Stocks

Turn Your TFSA Contribution Room Into $92 of Monthly Income

| Sneha Nahata

These high yield Canadian stocks offer monthly payouts and have sustainable payouts to generate steady recurring income.

Read more »

runner checks her biodata on smartwatch
Dividend Stocks

A 7% Yield Won’t Protect You From a Dividend Cut: This Payout Looks Safer

| Amy Legate-Wolfe

A smaller dividend backed by growing earnings can be more useful in retirement than an unsustainable headline yield.

Read more »

money goes up and down in balance
Dividend Stocks

One $7,000 TFSA Contribution Could Grow Into $50,000: Here’s How Long It Takes

| Amy Legate-Wolfe

Once the money is inside a TFSA account, a $7,000 investment can become $10,000, $20,000, or considerably more with compounding,…

Read more »

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

You’ve Maxed Your TFSA – Now What?

| Demetris Afxentiou

Maxed your TFSA? These three Canadian growth stocks can help investors keep building wealth while they plan their next investing…

Read more »

workers walk through an office building
Dividend Stocks

Is This 12.2%-Yielding Stock too Good to Be True?

| Jitendra Parashar

Allied Properties REIT’s 12.2% yield looks tempting, but investors should weigh weakening cash flow against its improving leasing and debt-reduction…

Read more »

shoppers in an indoor mall
Dividend Stocks

A Top-Tier 6.8% Dividend Stock That Pays Cash Every Month

| Jitendra Parashar

This Canadian monthly dividend stock is a great combination of a 6.8% annualized yield, monthly cash distributions, and a highly…

Read more »

Warning sign with the text "Trade war" in front of container ship
Dividend Stocks

Forget the Noise: Why Cascades Packaging Could Outlast the Trade War

| Jitendra Parashar

Cascades stock has rallied 73% over the last year, and improving profitability, lower debt, and tariff-mitigation efforts could help keep…

Read more »

a sign flashes global stock data
Dividend Stocks

The Best Ways to Invest in the TSX Near All-Time Highs

| Demetris Afxentiou

Learn how to invest in the TSX near all-time highs with a broad-market ETF, a lower-volatility option, and a proven…

Read more »

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

How to Convert $40,000 Into a TFSA Income Machine

| Robin Brown

Want to earn $1,770 of extra dividend income? Here's how to structure a TFSA portfolio for a mix of income,…

Read more »

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

2 Stocks to Build a Strong Canadian Income Portfolio

| Jitendra Parashar

These two Canadian dividend stocks offer investors two different ways to build dependable passive income while still keeping long-term growth…

Read more »

dumpsters sit outside for waste collection and trash removal
Dividend Stocks

Tariffs Are Hitting Canadian Manufacturers: I’d Buy This Essential-Service Stock Instead

| Amy Legate-Wolfe

Tariff uncertainty is pressuring Canadian manufacturers, making essential-service businesses an attractive source of portfolio diversification.

Read more »

dividends grow over time
Dividend Stocks

The Canadian Dividend Champion Has Raised Its Payout for 52 Straight Years

| Jitendra Parashar

Fortis pairs a 52-year dividend-growth streak with a $28.8 billion capital plan aimed at supporting steady long-term expansion.

Read more »

pregnant mother juggles work and childcare
Dividend Stocks

3 Top TSX Stocks for Beginner Investors

| Sneha Nahata

These top TSX stocks are positioned to navigate economic uncertainty and deliver solid total returns through capital gains and dividends.

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

Got $10,000 for a TFSA? This Dividend Stock Could Start Paying You Now

| Amy Legate-Wolfe

A $10,000 TFSA investment can already start generating tax-free dividend income without chasing an extreme yield.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

The TFSA Mistake Most Canadians Are Making

| Jitendra Parashar

Your 2026 TFSA dollar limit may be $7,000, but your actual room can be very different.

Read more »

person on phone leaning against outside wall with scenic view at airbnb rental property
Dividend Stocks

Is BCE Still a Buy? Here’s My Verdict

| Brian Paradza, CFA

Down 60% from its peak, BCE stock now offers a 6.1% yield. Is this Canadian telecom giant a dividend trap…

Read more »

senior man and woman stretch their legs on yoga mats outside
Dividend Stocks

2 TFSA Habits That Work While Saving But Backfire in Retirement

| Jitendra Parashar

These two common TFSA habits may become less effective once you enter retirement.

Read more »

man looks worried about something on his phone
Dividend Stocks

Is Telus Still a Buy Right Now? Here’s My Verdict

| Jitendra Parashar

Telus stock has been hit hard in 2026, but its push to reduce debt and improve cash flow could give…

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

Forget GICs — This 6.93% Dividend Stock Pays You Monthly

| Demetris Afxentiou

SmartCentres is a monthly dividend stock yielding 6.93% and paying investors monthly. Here’s why this Canadian REIT could appeal.

Read more »

data analyze research
Dividend Stocks

Before You Buy a Dividend Stock for Retirement, Check This Number

| Amy Legate-Wolfe

A tempting dividend yield means little if the company doesn't generate enough earnings or cash flow to support it.

Read more »

man touches brain to show a good idea
Dividend Stocks

You’ve Already Missed a Year of Dividends: Here’s Why I Wouldn’t Miss Another

| Demetris Afxentiou

You may have missed a year of dividends from one of Canada’s largest banks, but its growing income stream can…

Read more »

happy woman throws cash
Dividend Stocks

The Dividend Stock for People Who Are Tired of Worrying About Money

| Jitendra Parashar

This Canadian dividend stock offers a 4.3% yield supported by regulated utility operations and a multibillion-dollar growth plan through 2030.

Read more »

A family watches tv using Roku at home.
Dividend Stocks

Why I Keep Passing on Telus and BCE for This Dividend Stock Instead

| Jitendra Parashar

Rogers may not offer the highest telecom dividend yield, but its improving cash flow, lower capital spending, and valuable sports…

Read more »

woman looks at iPhone
Dividend Stocks

RESP or RRSP? Where Should Your Next Contribution Go?

| Amy Legate-Wolfe

RESP grants can make the first education contribution attractive, but retirement savings shouldn't disappear while parents fund their children.

Read more »

top TSX stocks to buy
Dividend Stocks

Dividend Investors: 2 Discounted TSX Stocks to Consider Now

| Andrew Walker

These Canadian dividend stars might be getting oversold.

Read more »

data analyze research
Dividend Stocks

What Could $5,000 in Canadian Dividend Stocks Actually Pay You?

| Jitendra Parashar

A $5,000 investment split between these two Canadian stocks could generate roughly $222.50 in dividend income while keeping investors exposed…

Read more »

senior relaxes in hammock with e-book
Dividend Stocks

Your Cash Is Sitting There Doing Nothing: This Dividend Stock Won’t Let It

| Brian Paradza, CFA

Idle cash loses purchasing power to inflation. Capital Power stock offers investors a 4.6% yield, dividend hikes, and capital gains…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Think You Know Your TFSA? These Questions Could Surprise You

| Amy Legate-Wolfe

The TFSA looks simple until withdrawals, investment losses, and contribution-room rules start creating expensive surprises.

Read more »

top TSX stocks to buy
Dividend Stocks

The Dividend Snowball That Starts With Just 1 Share

| Demetris Afxentiou

One Canadian National share can begin a dividend snowball. See how reinvesting Canadian National Railway dividends can steadily build income…

Read more »