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

Dividend Stocks

The Penny Plan Is Paying Off for Parkland Fuel Corp. Investors

| Scott Brandt

Parkland Fuel Corp.'s (TSX:PKI) stock closed up 16% on Tuesday, setting a 52-week high following the announcement that it's entered…

Read more »

The Motley Fool
Dividend Stocks

Why Bank of Montreal Rallied 2% on Tuesday

| Joseph Solitro

Bank of Montreal (TSX:BMO)(NYSE:BMO) beat third-quarter earnings estimates on Tuesday, and its stock reacted by rising over 2%. Could it…

Read more »

The Motley Fool
Dividend Stocks

Just Starting Your Portfolio? Here Are 3 Great Stocks Under $100 to Consider

| Demetris Afxentiou

Canadian Apartment Properties REIT (TSX:CAR.UN), Telus Corporation (TSX:T)(NYSE:TU), and Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) are great investment opportunities for any portfolio.

Read more »

The Motley Fool
Dividend Stocks

Investors: Protect Your Portfolio With These 3 Easy Steps

| Nelson Smith

Protect your portfolio today by buying iShares DEX Universe Bond Index Fund (TSX:XBB) and TransAlta Corporation (TSX:TA)(NYSE:TAC) over Fortis Inc.…

Read more »

Dividend Stocks

Get Big Income With These 3 +7% Yielders

| Nelson Smith

Give yourself a raise with Alaris Royalty Corp. (TSX:AD), Capital Power Corp. (TSX:CPX), and Artis Real Estate Investment Trust (TSX:AX.UN)--three…

Read more »

Dividend Stocks

Hungry for Income? Buy BCE Inc.

| Jacob Donnelly

BCE Inc. (TSX:BCE)(NYSE:BCE) is an income-generating beast because of a wide moat, strong and steady earnings, and an ability to…

Read more »

The Motley Fool
Dividend Stocks

Retirees: Supplement Your Income With These +5% Yielders

| Joseph Solitro

Need income? If so, consider investing in Veresen Inc. (TSX:VSN) and Pure Industrial Real Estate Trust (TSX:AAR.UN) today.

Read more »

Dividend Stocks

Investors: Don’t Miss Out on This +$1 Trillion Opportunity

| Nelson Smith

Invest in an aging population with Northwest Prop Real Est Inv Trust (TSX:NWH.UN), Extendicare Inc. (TSX:EXE), and Jean Coutu Group…

Read more »

The Motley Fool
Dividend Stocks

Telus Corporation: The Perfect Stock for Your TFSA

| Joseph Solitro

Are you looking for a stock to add to your TFSA? If so, Telus Corporation (TSX:T)(NYSE:TU) should be one of…

Read more »

Dividend Stocks

Retirees: Give Yourself a Raise With These 3 Preferred Shares

| Nelson Smith

Preferred shares of Bank of Montreal (TSX:BMO)(NYSE:BMO), George Weston Limited (TSX:WN), and Bombardier, Inc. (TSX:BBD.B) pay much higher dividends than…

Read more »

The Motley Fool
Dividend Stocks

Why Has Alimentation Couche-Tard Inc. Risen 6% Intraday?

| Kay Ng

Alimentation Couche-Tard Inc.’s (TSX:ATD.B) growth story continues as it acquires CST Brands. Is Couche-Tard still a good investment today?

Read more »

Dividend Stocks

2 Dividend Stocks I’d Buy Today With a $5,000 Windfall

| Andrew Walker

Here's why Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) and Altagas Ltd. (TSX:ALA) are worth a look.

Read more »

The Motley Fool
Dividend Stocks

Is This Winning Growth Stock on Your Radar?

| Kay Ng

Are you looking for outsized returns? Then you must consider Stella-Jones Inc. (TSX:SJ). Here’s why.

Read more »

Dividend Stocks

Fortis Inc. Is 1 Step Closer to Completing an Acquisition

| Jacob Donnelly

Fortis Inc. (TSX:FTS) is one step closer to completing its biggest acquisition yet. I believe it's a buy because of…

Read more »

The Motley Fool
Dividend Stocks

Why Bank of Montreal Should Form the Backbone of Any Portfolio

| Demetris Afxentiou

Bank of Montreal (TSX:BMO)(NYSE:BMO) exhibits strong earnings, growth prospects, and dividend income, making the bank a good candidate for any…

Read more »

The Motley Fool
Dividend Stocks

Smart REIT: A Smart Pick for Income Investors

| Joseph Solitro

Are you looking for a great income stock to buy today? If so, Smart REIT (TSX:SRU.UN) should be one of…

Read more »

The Motley Fool
Dividend Stocks

Is Dream Office Real Estate Investment Trst Still a Buy?

| Jacob Donnelly

Because of a 31.25% discount to NAV and a strong 9.23% yield, I believe investors should buy Dream Office Real…

Read more »

The Motley Fool
Dividend Stocks

3 Reasons to Add Cineplex Inc. to Your Portfolio

| Demetris Afxentiou

Cineplex Inc. (TSX:CGX) is a well-diversified, multi-revenue-stream company with one of the best dividends in the market.

Read more »

The Motley Fool
Dividend Stocks

2 Great Income Stocks With Yields Over 5%

| Joseph Solitro

If you’re looking for a great income stock to buy and hold, then Chorus Aviation Inc. (TSX:CHR.B) and Keg Royalties…

Read more »

The Motley Fool
Dividend Stocks

Does Telus Corporation Belong in Your Portfolio?

| Jacob Donnelly

Telus Corporation (TSX:T)(NYSE:TU) is a buy because it continues to add new subscribers and pays a really lucrative yield.

Read more »

The Motley Fool
Dividend Stocks

Why Shaw Communications Inc. Is Unlike Any Other Telecom

| Demetris Afxentiou

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) offers investors a handsome monthly dividend, strong results, and an aggressive plan for growth.

Read more »

Dividend Stocks

2 Top REITs to Buy for Passive Income

| Joseph Solitro

Want to earn passive income? If so, consider investing in high-quality REITs such as Milestone Apartments Real Estate Invt Tr…

Read more »

The Motley Fool
Dividend Stocks

2 Dividend-Growth Stocks for Your RRSP

| Andrew Walker

Here's why Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and Fortis Inc. (TSX:FTS) should be on your RRSP radar.

Read more »

The Motley Fool
Dividend Stocks

The Case to Buy TransAlta Renewables Inc. Today

| Joseph Solitro

Are you looking for a great stock to add to your portfolio? If so, TransAlta Renewables Inc. (TSX:RNW) could be…

Read more »

The Motley Fool
Dividend Stocks

There’s More to These 2 Office REITs Than Just Income

| Kay Ng

Dream Office Real Estate Investment Trst (TSX:D.UN) and another office REIT yield about 9%. Why did one overwhelmingly outperform and…

Read more »

The Motley Fool
Dividend Stocks

Attention Retirees: These Top Picks Offer Great Monthly Payouts

| Andrew Walker

Here's why A&W Revenue Royalties Income Fund (TSX:AW.UN) and Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) should be on your income radar.

Read more »

Dividend Stocks

RESP Investors: These 5% Dividend-Yielding Stocks Are Top of Their Class

| Scott Brandt

Inter Pipeline Ltd. (TSX:IPL) and Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) are among an elite class of companies that can boast dividend…

Read more »

The Motley Fool
Dividend Stocks

Dividend Investors: 2 Top Stocks to Help You Retire Rich

| Andrew Walker

Here's how stocks such as Royal Bank of Canada (TSX:RY)(NYSE:RY) and Suncor Energy Inc. (TSX:SU)(NYSE:SU) can turn small initial investments…

Read more »

Dividend Stocks

Boost Your Portfolio’s Yield With These 2 Stocks

| Joseph Solitro

Does your portfolio lack yield? If so, consider investing in Pattern Energy Group Inc. (TSX:PEG)(NASDAQ:PEGI) and Canadian Apartment Properties REIT…

Read more »

The Motley Fool
Dividend Stocks

Is RioCan Real Estate Investment Trust a Smart Income Play?

| Jacob Donnelly

Because of reduced leverage and strong development, I believe investors should consider buying RioCan Real Estate Investment Trust (TSX:REI.UN).

Read more »

Dividend Stocks

5 Top Reasons to Invest in Altagas Ltd.

| Kay Ng

Altagas Ltd. (TSX:ALA) yields +6%, but that's not the only reason to invest in the stock.

Read more »

The Motley Fool
Dividend Stocks

Is Boardwalk REIT’s 4.5% Yield Good Enough?

| Kay Ng

What dictates Boardwalk REIT's (TSX:BEI.UN) performance? Is the 4.5% yield a big enough margin of safety to invest?

Read more »

Dividend Stocks

2 Reliable +5% Yielders for Your Income Portfolio

| Joseph Solitro

Looking for a reliable income stock with a high yield? If so, H&R Real Estate Investment Trust (TSX:HR.UN) and Chemtrade…

Read more »

The Motley Fool
Dividend Stocks

Enbridge Inc. May Be Just the Thing Income Investors Need

| Jacob Donnelly

Because of its lucrative tollbooth-like business and diversified clean-energy production, the dividend is only going to grow at Enbridge Inc.…

Read more »

The Motley Fool
Dividend Stocks

Yawn All the Way to the Bank With BCE Inc.

| Nelson Smith

Stocks don't get much more boring than BCE Inc. (TSX:BCE)(NYSE:BCE), which is exactly the thought process behind owning it.

Read more »

Dividend Stocks

RRSP Investors: 3 Great Dividend Stocks for the Next Decade

| Nelson Smith

Sleep well at night by stuffing your RRSP full of great stocks such as Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM),…

Read more »

The Motley Fool
Dividend Stocks

The Easy Way to Build Your Own Real Estate Empire

| Nelson Smith

Become the laziest landlord ever with H&R Real Estate Investment Trust (TSX:HR.UN), Northview Apartment REIT (TSX:NVU.UN), and Crombie Real Estate…

Read more »

The Motley Fool
Dividend Stocks

Dream Office Real Estate Investment Trst: Are Shares a Bargain After Falling 42%?

| Kay Ng

Is Dream Office Real Estate Investment Trst's (TSX:D.UN) 9% yield safe? Is it worth investing in today?

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: 2 Top Dividend Stocks I’d Buy With an Extra $8,500

| Andrew Walker

Here's why Inter Pipeline Ltd. (TSX:IPL) and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) are attractive picks for investing a cash windfall.

Read more »

The Motley Fool
Dividend Stocks

Concordia International Corp.’s Latest 50% Drop Is Attracting Some Institutional Investors

| Scott Brandt

Concordia International Corp. (TSX:CXR)(NASDAQ:CXRX) is caught in the wake of dismal earnings reports, negative sentiment about the pharmaceutical industry’s pricing…

Read more »