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 Stocks

Fairfax Financial Now Pays $20.29 in Dividends Per Share: Time to Buy the Stock?

| Amy Legate-Wolfe

Sure, Fairfax comes with a hefty price tag. However, that price tag also comes with a hefty, and safe, dividend!

Read more »

Dividend Stocks

Passive Income 101: Double Down on This 1 Dividend Stock

| Joey Frenette

Royal Bank of Canada (TSX:RY) stock is taking off, but its shares remain way too cheap right here.

Read more »

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

Passive Income: 2 Safe Dividend Stocks to Own for the Next 10 Years

| Karen Thomas, MSc, CFA

Dividend stocks like Fortis have the ideal businesses that lend themselves well to providing safe and reliable passive income.

Read more »

Dividend Stocks

How to Use a TFSA to Earn $300 in Tax-Free Passive Income Each Month

| Amy Legate-Wolfe

Do you want passive income? How about making it tax free? That's what investors can get from picking up this…

Read more »

Dividend Stocks

3 Stocks Ready for Dividend Hikes in 2024

| Daniel Da Costa

These three top Canadian stocks offer significant dividend growth potential and are highly reliable, making them some of the best…

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

3 TSX Stocks to Help Turn $30,000 Into $1,500 Every Year

| Robin Brown

Want to earn $1,500 of extra passive income every year? Check out these quality TSX dividend stocks to add to…

Read more »

Dividend Stocks

How Canadians Can Make $1,000 Each Month in Retirement

| Rajiv Nanjapla

Given their high dividend yields, these three monthly paying dividend stocks could help retirees earn $1,000 monthly.

Read more »

exchange traded funds
Dividend Stocks

2 Canadian ETFs to Buy and Hold in Your TFSA Forever and Ever

| Amy Legate-Wolfe

ETFs are a perfect, hands-off way to constantly have the perfect portfolio on hand. And these two are at the…

Read more »

Dividend Stocks

2 Stocks That Could Make You a TFSA Millionaire by Retirement

| Adam Othman

Becoming a TFSA millionaire is more than just about the capital and time you have. It’s also about choosing the…

Read more »

Dividend Stocks

The 11.5% Dividend Stock Set to Dominate the TSX

| Amy Legate-Wolfe

Fiera (TSX:FSZ) stock offers a massive amount of passive income through dividends. But there are some red flags to watch.

Read more »

jar with coins and plant
Dividend Stocks

In 10 Years, You’ll Be Glad You Bought These Magnificent TSX Dividend Stocks

| Puja Tayal

If you are looking to boost your passive income, these magnificent dividend stocks can help you grow your income in…

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Passive Income: How Much Canadians Need to Invest to Get $750 Monthly

| Christopher Liew, CFA

Earning $750 in monthly income is possible through dividend stocks, the gold standard of passive-income investing.

Read more »

RRSP (Registered Retirement Savings Plan) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

3 Evergreen RRSP Stocks Every Canadian Investor Should Own

| Adam Othman

While each Canadian investor may have their own selection criteria for retirement stocks, there are some that are viable picks…

Read more »

calculate and analyze stock
Dividend Stocks

6% Dividend Yield! I’m Buying and Holding These TSX Stocks for Decades

| Sneha Nahata

These TSX stocks provide a compelling yield of at least 6%. Moreover, they could continue to grow their quarterly payouts.

Read more »

lift into sky
Dividend Stocks

3 Canadian Industry Giants to Buy and Hold for Decades

| Adam Othman

Choosing the right long-term stocks to build your nest egg gradually is a strong commitment, so it's essential to be…

Read more »

Dividend Stocks

How Much Cash Do You Need to Quit Work and Live Off Dividend Income?

| Amy Legate-Wolfe

If you're looking for early retirement, you've come to the right place. Start saving, and start earning massive income for…

Read more »

Dividend Stocks

3 Safe Canadian Dividend Stocks Everyone Should Own

| Amy Legate-Wolfe

Dividend stocks are great, but they're the best when they're safe. Let's get into three of the best.

Read more »

Dividend Stocks

3 Stocks Under-$50 New Investors Can Buy Confidently

| Sneha Nahata

These Canadian companies can consistently deliver profitable growth, offer regular dividends, and have promising growth potential.

Read more »

rising arrow with flames
Dividend Stocks

The 8.8 Percent Dividend Stock Set to Dominate the TSX

| Adam Othman

Choosing the right high-yield stock with stable financials can help you develop or improve a generous passive-income portfolio.

Read more »

Dividend Stocks

Some of the Best TSX Stocks to Buy in September

| Demetris Afxentiou

Contrary to what many believe, the market is full of great options to buy in September. Here's a look at…

Read more »

Dividend Stocks

Retirees: How to Boost Your CPP Pension

| Aditya Raghunath

Investing in quality dividend stocks with a growing payout, such as American Tower should help you deliver outsized gains in…

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

TFSA Passive Income: Earn $500/Month in Canada

| Kay Ng

By strategically investing in high-yield stocks through your TFSA, you can work towards generating passive income of $500/month.

Read more »

Dividend Stocks

How Much Do You Need to Invest to Get $1,500/Month From Dividend Stocks?

| Robin Brown

Here are a couple of stocks to consider to earn $1,500 a month.

Read more »

Dividend Stocks

2 Dividend Stocks That Could Create $1,000 in Passive Income in 2024

| Aditya Raghunath

Investing in high-yield TSX dividend stocks such as Enbridge can help you create a steady dividend income stream.

Read more »

Dividend Stocks

3 Stocks You’ll Be Glad You Bought at These Prices

| Adam Othman

Not all discounted stocks are worth buying, especially in an unpredictable market. However, the ones that are can offer exceptional…

Read more »

Dividend Stocks

Got $5,000? 3 Top Canadian Monthly Paying Dividend Stocks to Buy Now

| Rajiv Nanjapla

These three monthly paying dividend stocks could boost your passive income.

Read more »

Dividend Stocks

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

| Sneha Nahata

These three Canadian stocks have strong fundamentals with a solid dividend growth history and can provide stress-free passive income for…

Read more »

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

3 Secrets of TFSA Millionaires

| Andrew Button

Holding Alimentation Couche-Tard (TSX:ATD) stock in a TFSA has proven to be a winning strategy.

Read more »

Dividend Stocks

This 8.98% Dividend Stock Pays Cash Every Month

| Puja Tayal

High yield and monthly payouts are a rare combination. But this dividend stock has been offering this rare combination for…

Read more »

Dividend Stocks

1 Passive Income Stream and 1 Dividend Stock for Ultimate Easy Earnings

| Amy Legate-Wolfe

Passive income needs to be one thing: passive! Put in minimal effort for more money, and turn it into even…

Read more »

Dividend Stocks

3 TSX Dividend Stocks With Room to Keep Growing

| Aditya Raghunath

Here's why income-seeking Canadians can consider gaining exposure to TSX dividend stocks such as Quebecor right now.

Read more »

Dividend Stocks

The 4.5% Dividend Stock Set to Dominate the TSX

| Amy Legate-Wolfe

Are you looking for some added income at a crazy deal? This area of the market is set to soar,…

Read more »

Dividend Stocks

Restaurant Brands Stock: Deep Value With a 3.5% Dividend

| Joey Frenette

Restaurant Brands International (TSX:QSR) could soar even as the TSX Index slips further into the abyss.

Read more »

Dividend Stocks

3 CRA Red Flags for TFSA Millionaires

| Amy Legate-Wolfe

If you're looking to make millions, make sure you don't fall into these three CRA traps in the TFSA!

Read more »

Dividend Stocks

TFSA Passive Income: 2 Top TSX Stocks Offering 6% Yields

| Andrew Walker

These stocks still look attractive for dividend investors.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

My Top 2 TSX Stocks for This Month

| Aditya Raghunath

Computer Modelling and Propel Holdings are two TSX stocks that can deliver outsized gains to shareholders in the next 12…

Read more »

Dividend Stocks

Boost Your TFSA With 2 Stellar Dividend-Growth Stocks

| Joey Frenette

Canadian Tire (TSX:CTC.A) and another top dividend payer are looking ripe to buy in September 2024.

Read more »

Dividend Stocks

1 Magnificent Dividend Stock Down 24% Offering a Once-in-a-Decade Valuation

| Amy Legate-Wolfe

This REIT may have had a hugely unfortunate last few years, but the numbers don't lie. It's now significantly undervalued.

Read more »

Dividend Stocks

TFSA Passive Income: Earn Over $600/Month

| Aditya Raghunath

Here's how TFSA investors can invest in high-dividend TSX stocks and create a stable passive-income stream in 2024.

Read more »

Dividend Stocks

2 Affordable Passive-Income Stocks That Pay Monthly

| Sneha Nahata

These TSX stocks have fundamentally strong business to support their monthly payouts. Moreover, these passive-income stocks offer high yield.

Read more »