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

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

How to Rebalance Your Portfolio for 2026

| Demetris Afxentiou

There are plenty of to-dos for investors before the year ends and 2026 starts. One thing to not forget is…

Read more »

Asset Management
Dividend Stocks

3 of the Best Dividend Stocks to Buy for Long-Term Passive Income

| Daniel Da Costa

These three stocks consistently grow their profitability and dividends, making them three of the best to buy now for passive…

Read more »

container trucks and cargo planes are part of global logistics system
Dividend Stocks

Down 32%, This Passive Income Stock Still Looks Like a Buy

| Amy Legate-Wolfe

A beaten‑up freight leader with a rising dividend, why TFII could reward patient TFSA investors when the cycle turns.

Read more »

monthly calendar with clock
Dividend Stocks

Invest $20,000 in This Dividend Stock for $104 in Monthly Passive Income

| Jitendra Parashar

Here is a closer look at a top Canadian monthly dividend stock that can turn everyday retail demand into reliable…

Read more »

man looks surprised at investment growth
Dividend Stocks

This 7.5% TSX Dividend Stock Slashed its Payout by 50% in 2025: Is it Finally a Good Buy?

| Aditya Raghunath

Down more than 30% in 2025, this TSX dividend stock offers you a forward yield of 7.4%, which is quite…

Read more »

c
Dividend Stocks

1 Canadian Stock to Buy Today and Hold Forever

| Amy Legate-Wolfe

Trash never takes a day off. Here’s why Waste Connections’ essential, low‑drama business can power a TFSA for decades despite…

Read more »

Forklift in a warehouse
Dividend Stocks

Retiring in Canada: Build $1,000 a Month in Dividend Income

| Amy Legate-Wolfe

Granite REIT’s warehouses generate steady monthly cash, and rising cash flow and occupancy show why it can anchor a TFSA…

Read more »

data analyze research
Dividend Stocks

2 Canadian Dividend Giants to Buy and Never Sell

| Amy Legate-Wolfe

Here's why Great‑West and TELUS can power a TFSA with steady cash and decade‑long compounding.

Read more »

Concept of multiple streams of income
Dividend Stocks

1 Smart Buy-and-Hold Canadian Stock

| Daniel Da Costa

This Canadian stock is reliable, has years of potential, and pays a consistently growing dividend, making it one of the…

Read more »

dividends grow over time
Dividend Stocks

2 TSX Giants to Buy and Hold for the Next 20 Years

| Amy Legate-Wolfe

Here's why CP’s rail network and North West’s essential stores can quietly compound while you sleep.

Read more »

A worker drinks out of a mug in an office.
Dividend Stocks

A Dividend Giant I’d Buy Over Telus Stock Right Now

| Jitendra Parashar

As Telus resets its dividend strategy, this top Canadian dividend stock continues to deliver the consistent income investors value most.

Read more »

Oil industry worker works in oilfield
Dividend Stocks

This 10.7% Dividend Stock Is My Top Pick for Immediate Income

| Aditya Raghunath

Down 42% from all-time highs, Alvopetro Energy is a dividend stock that offers you an annualized yield of 10.7% in…

Read more »

shopper pushes cart through grocery store
Dividend Stocks

Buy 2,000 Shares of This Dividend Stock for $198 a Month in Passive Income

| Amy Legate-Wolfe

A boring, grocery‑anchored REIT paying monthly. Why Slate Grocery REIT could fit a TFSA income plan and the key risks…

Read more »

the word REIT is an acronym for real estate investment trust
Dividend Stocks

Forget Finance for Dividends, but Are REITs Any Better?

| Amy Legate-Wolfe

Looking beyond banks, this office REIT offers monthly income and diversification, but you’ll need to stomach office headlines and watch…

Read more »

woman checks off all the boxes
Dividend Stocks

2 Ultra-Safe Dividend Stocks to Own for the Next 10 Years

| Jitendra Parashar

If dependable income matters to you more than short-term gains, these ultra-safe dividend stocks deserve a spot in your portfolio.

Read more »

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

Should You Buy Telus Stock for its 9.3% Dividend Yield in 2026?

| Aditya Raghunath

Down more than 50% from all-time highs, Telus is a blue-chip dividend stock that offers you a yield of 9.3%.

Read more »

gift is bigger than the other
Dividend Stocks

2 No-Brainer Safe Stocks to Buy Right Now for Less Than $200

| Daniel Da Costa

These two defensive stocks provide consistent growth, pay safe dividends, and you can buy them now for less than $200…

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

This Cash-Gushing Dividend Stock Could Beat the TSX

| Amy Legate-Wolfe

A cash-rich miner pays you now and builds for tomorrow. Here's why DPM could outpace the TSX in a TFSA…

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

2 Blue-Chip Stocks Every Canadian Should Own

| Daniel Da Costa

These two top blue-chip stocks are some of the best companies in Canada, making them ideal investments for every Canadian.

Read more »

dividends can compound over time
Dividend Stocks

High-Yield Alert: 3 Canadian Dividend Stocks to Buy Now

| Daniel Da Costa

These three high-yield dividend stocks all offer sustainable yields above 6%, making them some of the best stocks Canadians can…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Got $14,000? How to Structure a TFSA for Constant Monthly Income

| Amy Legate-Wolfe

Build a TFSA monthly paycheque by pairing a steady apartment REIT with a higher‑yield lender, and using simple risk checks…

Read more »

the word REIT is an acronym for real estate investment trust
Dividend Stocks

A Perfect TFSA Stock: A 7.4% Payout Each Month

| Aditya Raghunath

Automotive Properties REIT is a TSX dividend stock that offers you a monthly payout and a yield of 7.4% in…

Read more »

Pumps await a car for fueling at a gas and diesel station.
Dividend Stocks

1 Canadian Stock That’s an Easy ‘Yes’

| Amy Legate-Wolfe

A simple, steady compounder. Why Couche‑Tard’s Circle K model can be an “easy yes” for a TFSA without needing a…

Read more »

alcohol
Dividend Stocks

3 Dividend Stocks Yielding at Least 5% for Practically Free Monthly Income

| Amy Legate-Wolfe

Three Canadian dividend payers aiming for 5% TFSA income. Here’s how to get steadier, tax-free cash without chasing the highest…

Read more »

gift is bigger than the other
Dividend Stocks

Here Are My Top 2 TSX Stocks to Buy Right Now

| Daniel Da Costa

These two top TSX stocks both have huge potential and offer attractive yields, making them some of the best to…

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

Use a TFSA to Earn $474 Per Month in Tax-Free Income

| Amy Legate-Wolfe

Do you want tax-free monthly income from your TFSA? Firm Capital’s essential mortgages fund a high-yield payout; just monitor credit…

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

1 High-Yield ETF to Buy for Top-Notch Passive Income

| Amy Legate-Wolfe

Do you want bigger monthly income without betting on one stock? Here’s how HDIV aims to turn Canadian equities into…

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

2 TSX ETFs to Buy for Lifelong TFSA Income

| Amy Legate-Wolfe

Want tax-free monthly income without stockpicking? These two Canadian dividend ETFs aim to keep it simple, diversified, and compounding.

Read more »

Dividend Stocks

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

| Aditya Raghunath

Brookfield Infrastructure is a TSX dividend stock which offers you a yield of over 5% and trades at an attractive…

Read more »

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

3 of the Top Stocks TFSA Investors Can Buy Now

| Daniel Da Costa

These three Canadian stocks are some of the top picks for investors to buy in their TFSAs heading into 2026.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

The Smartest Dividend Stocks to Buy with $1,000 Right Now

| Adam Othman

Add these two TSX dividend stocks to your self-directed investment portfolio to unlock long-term wealth growth.

Read more »

diversification is an important part of building a stable portfolio
Dividend Stocks

The Top 3 Canadian Dividend Stocks I Think Belong in Every Portfolio

| Jitendra Parashar

These three top Canadian dividend stocks combine dependable income with business models built to last through different market cycles.

Read more »

Thrilled women riding roller coaster at amusement park, enjoying fun outdoor activity.
Dividend Stocks

Safe Canadian Stocks to Buy Now and Hold Through Market Volatility

| Daniel Da Costa

Periods of market volatility can make even the most experienced investors uncomfortable, which is why so many Canadians start searching…

Read more »

senior couple looks at investing statements
Dividend Stocks

3 Stocks Canadians Can Buy and Hold for the Next Decade

| Christopher Liew, CFA

Three established dividend payers are ideal for building a buy-and-hold portfolio for the next decade.

Read more »

dividends can compound over time
Dividend Stocks

A Dividend Giant I’d Buy Over BCE Stock Right Now

| Tony Dong, MSc, CETF®

Forget BCE. This critical infrastructure company has a more stable dividend.

Read more »

monthly calendar with clock
Dividend Stocks

This 7.7% Dividend Stock Pays Cash Every Month

| Brian Paradza, CFA

Diversified Royalty Corp (DIV) stock pays monthly dividends from a unique royalty model, and its payout is getting safer.

Read more »

dividends grow over time
Dividend Stocks

My Blueprint for Monthly Income Starting With $40,000

| Tony Dong, MSc, CETF®

Here's how I would combine two monthly-paying, high-yield TSX ETFs for passive income.

Read more »

Concept of multiple streams of income
Dividend Stocks

Invest Ahead: 3 Potential Big Winners in 2026 and Beyond

| Adam Othman

Add these three TSX growth stocks to your self-directed portfolio before the new year comes in with another uptick in…

Read more »

Concept of multiple streams of income
Dividend Stocks

5 Dividend Stocks to Double Up on Right Now

| Adam Othman

Solid dividend track records and visibility over future earnings and payouts make these five TSX dividend stocks compelling holdings for…

Read more »

Colored pins on calendar showing a month
Dividend Stocks

Invest $18,000 in These Dividend Stocks for $1,377 in Passive Income

| Christopher Liew, CFA

Three high-yield dividend stocks offer an opportunity to earn recurring passive income from a capital deployment of $18,000.

Read more »