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

Man data analyze
Dividend Stocks

2 Deeply Undervalued Dividend Stocks to Buy in November

| Joey Frenette

Here are two stocks that I view as deeply undervalued this November.

Read more »

Dividend Stocks

The 2 Best Canadian Blue-Chip Stocks to Buy Now

| Amy Legate-Wolfe

Blue-chip stocks can be some of the best stocks to have in any portfolio. But when they're trending upwards, investors…

Read more »

Canadian dollars in a magnifying glass
Dividend Stocks

Here Are My Top 3 Dividend Stocks to Buy Now

| Sneha Nahata

These top dividends stocks have consistently paid and increased their dividends. Further, this trend will continue.

Read more »

dividends can compound over time
Dividend Stocks

Want a 7% Yield? The 3 TSX Stocks to Buy Today

| Sneha Nahata

These TSX stocks are offering high yields of over 7%, making them attractive for investors seeking steady passive income.

Read more »

how to save money
Dividend Stocks

The Smartest Dividend Stocks to Buy With $200 Right Now

| Sneha Nahata

These smartest dividend stocks can consistently pay and increase their dividends in the coming years, irrespective of the macro uncertainty.

Read more »

Electricity transmission towers with orange glowing wires against night sky
Dividend Stocks

3 Utility Stocks That Are Smart Buys for Canadians in November

| Sneha Nahata

These utility stocks benefit from regulated businesses and generate predictable cash flows that support higher dividend payouts.

Read more »

Start line on the highway
Dividend Stocks

Invest $10,000 in This Dividend Stock for $600 in Passive Income

| Demetris Afxentiou

Do you want to generate passive income? Forget the rental unit! This option will save you the mortgage yet still…

Read more »

Senior uses a laptop computer
Dividend Stocks

1 Reliable Dividend Stock for the Ultimate Retirement Income Stream

| Joey Frenette

TD Bank (TSX:TD) shares are way too cheap with way too swollen a yield for retirees to pass up right…

Read more »

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

Is Brookfield Infrastructure Partners a Buy for its 4.75% Yield?

| Andrew Button

Brookfield Infrastructure Partners (BIP) has a 4.75% dividend yield. Is it worth it?

Read more »

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

Where to Invest Your $7,000 TFSA Contribution

| Andrew Walker

The TFSA is attractive for investors who want to generate tax-free passive income.

Read more »

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

TFSA Investors: 3 Dividend Stocks Worth Holding Forever

| Sneha Nahata

These TSX stocks have the potential to grow their dividends over the next decade, making them top investments for TFSA…

Read more »

Tractor spraying a field of wheat
Dividend Stocks

Is Nutrien Stock a Buy for its Dividend Yield?

| Andrew Walker

Nutrien is down more than 50% form the 2022 highs. Is NTR stock now oversold?

Read more »

golden sunset in crude oil refinery with pipeline system
Dividend Stocks

Best Stock to Buy Right Now: Enbridge vs TC Energy?

| Andrew Walker

Enbridge and TC Energy rebounded nicely over the past year. Are more gains on the way?

Read more »

Electricity transmission towers with orange glowing wires against night sky
Dividend Stocks

2 Utility Stocks That Are Smart Buys for Canadians in November

| Demetris Afxentiou

Are you looking for some of the smart buys to consider in November? These utility stocks offer growth and a…

Read more »

View of high rise corporate buildings in the financial district of Toronto, Canada
Dividend Stocks

Is Power Corporation of Canada Stock a Buy for its 5% Dividend Yield?

| Brian Paradza, CFA

Is Power Corporation of Canada (TSX:POW) stock's 5% dividend yield worth it? Discover why this resilient stock could be a…

Read more »

hand stacks coins
Dividend Stocks

Here Are My Top 3 Dividend Stocks to Buy Now

| Rajiv Nanjapla

These three dividend stocks are ideal for strengthening your portfolio and earning a stable passive income.

Read more »

man touches brain to show a good idea
Dividend Stocks

3 No-Brainer REIT Stocks to Buy Right Now for Less Than $200

| Amy Legate-Wolfe

REITs have long been touted as some of the best dividend stocks out there if you want recurring, strong income.…

Read more »

customer uses bank ATM
Dividend Stocks

3 Stocks Retirees Should Absolutely Love

| Puja Tayal

Being a retiree doesn’t mean you should not invest in stocks. These stocks can give you the financial freedom for…

Read more »

grow money, wealth build
Dividend Stocks

3 Top High-Yield Stocks to Buy in November

| Amy Legate-Wolfe

If you want passive income, high yield dividend stocks are the clear choice. These are the best, and safest, out…

Read more »

ways to boost income
Dividend Stocks

How to Earn $2,000 in Passive Income in 2025 With Less Than $45,000 in Savings

| Robin Brown

Looking to get a passive income boost in your portfolio. Here's how to get a great mix of low-risk income…

Read more »

Oil industry worker works in oilfield
Dividend Stocks

Is CNQ Stock a Buy for its 4.7% Dividend Yield?

| Jitendra Parashar

Besides its attractive 4.7% annualized dividend yield, these fundamental factors make CNQ stock really attractive to buy now and hold…

Read more »

Investor wonders if it's safe to buy stocks now
Dividend Stocks

Is Restaurant Brands International Stock a Buy for its 3% Dividend?

| Demetris Afxentiou

Here's a look at whether or not Restaurant Brands International stock is a buy right now.

Read more »

Man in fedora smiles into camera
Dividend Stocks

2 High-Yield Dividend Stocks for Canadian Retirees

| Andrew Walker

These stocks pay attractive dividends that should be safe.

Read more »

Muscles Drawn On Black board
Dividend Stocks

3 Safer Stocks That Canadian Investors Can Rely On in November

| Amy Legate-Wolfe

There are few safe stocks out there that are as easy to pick up as these stocks, and you'll never…

Read more »

Blocks conceptualizing the Registered Retirement Savings Plan
Dividend Stocks

2 Stocks I’ll Be Adding to My RRSP — Even With the TSX at All-Time Highs

| Amy Legate-Wolfe

These two top dividends stocks are easy buys for any RRSP with strong growth both behind and ahead of the…

Read more »

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

3 Canadian Dividend Stocks to Load Up on Now

| Robin Brown

Do you need to reinvest your GICs that are now maturing? Here are three dividend stocks for a great combination…

Read more »

hand stacks coins
Dividend Stocks

2 Canadian Dividend Stocks to Buy on a Pullback

| Andrew Walker

These stocks deserve to be on your radar when the market hits its next correction.

Read more »

worry concern
Dividend Stocks

CRA Money: 3 Tax Breaks You’re Probably Missing

| Andrew Button

BMO Canadian Dividend ETF (TSX:ZDV) can be held tax free using a little-known CRA tax break.

Read more »

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

1 Dividend Deal Worth Loading Up on Right Now

| Joey Frenette

Parkland Fuel (TSX:PKI) could help fuel your portfolio going into a year that could favour Canadian value stocks.

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

3 Canadian Infrastructure Stocks to Buy Now

| Amy Legate-Wolfe

Infrastructure makes up everything we use, from the water we drink to the roads we drive. And these three infra…

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

1 High-Yield Dividend ETF to Buy to Generate Passive Income

| Amy Legate-Wolfe

Investors don't have to invest in a single, risky, high-yield dividend stock. An ETF can provide the best answer to…

Read more »

engineer at wind farm
Dividend Stocks

Safe Canadian Stocks to Buy Now and Hold During Market Volatility

| Daniel Da Costa

Diversify your portfolio with these safe Canadian utility stocks, plus one more diversified play.

Read more »

Make a choice, path to success, sign
Dividend Stocks

3 Secrets to Becoming a TFSA Millionaire

| Kay Ng

Here are some great tips to get you started on your journey to becoming a TFSA millionaire!

Read more »

Dividend Stocks

Is TELUS Stock a Buy for Its 7% Dividend Yield?

| Amy Legate-Wolfe

TELUS stock looks pretty enticing with a 7% dividend yield. But what else should investors consider?

Read more »

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

Pensioners: 3 Reliable Dividend Stocks to Boost Income

| Rajiv Nanjapla

Given their stable cash flows, consistent dividend growth, and healthy dividend yields, these three stocks are ideal for retirees.

Read more »

resting in a hammock with eyes closed
Dividend Stocks

Top Picks: 3 Canadian Dividend Stocks for Stress-Free Passive Income

| Sneha Nahata

These top Canadian dividend stocks have been consistently rewarding their shareholder with higher dividend payments.

Read more »

profit rises over time
Dividend Stocks

The 10 Best Canadian Blue-Chip Stocks to Buy Now

| Amy Legate-Wolfe

This is the only list you're ever going to need if you want strong past performance and a stellar future…

Read more »

a person looks out a window into a cityscape
Dividend Stocks

Is First Capital REIT a Buy for its 4.8% Dividend Yield?

| Brian Paradza, CFA

Discover why First Capital REIT's 4.8% yield and strong Q3 results make it a compelling choice for dividend investors!

Read more »

Car, EV, electric vehicle
Dividend Stocks

Is Magna International Stock a Buy for Its 4.6% Dividend Yield?

| Rajiv Nanjapla

Given its healthy growth prospects, attractive valuation, and high dividend yield, Magna International would be an excellent buy.

Read more »

hand stacking money coins
Dividend Stocks

Where Will Dollarama Stock Be in 5 Years?

| Amy Legate-Wolfe

Dollarama stock seems to always do well no matter what. But can the company keep it up over the next…

Read more »