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

four people hold happy emoji masks
Dividend Stocks

5 Top Canadian Dividend Stocks to Buy in May 2024

| Sneha Nahata

These Canadian stocks have stellar dividend payments and growth history. Moreover, they are poised to consistently enhance their shareholders’ returns…

Read more »

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

2 Ridiculously Cheap Growth Stocks to Buy Hand Over Fist in 2024

| Amy Legate-Wolfe

One stock is a recovery bet; the other has the potential for more growth. Either one is a great growth…

Read more »

Dividend Stocks

Best Dividend Stock to Buy for Passive-Income Investors: BCE vs. TC Energy

| Andrew Walker

BCE and TC Energy now offer high dividend yields. Is one stock oversold?

Read more »

Dividend Stocks

Better Dividend Stock to Buy: Fortis vs. Enbridge

| Andrew Walker

Fortis and Enbridge have raised their dividends annually for decades.

Read more »

Dividend Stocks

TFSA Magic: Earn Enormous Passive Income That the CRA Can’t Touch

| Aditya Raghunath

Canadian investors can use the TFSA to create a passive-income stream by investing in GICs, dividend stocks, and ETFs.

Read more »

investment research
Dividend Stocks

Better RRSP Buy: BCE or Royal Bank Stock?

| Andrew Walker

BCE and Royal Bank have good track records of dividend growth.

Read more »

Dividend Stocks

Want $500 in Monthly Passive Income? Buy 5,177 Shares of This TSX Stock 

| Puja Tayal

Do you want to earn $500 in monthly passive income? Consider buying 5,177 shares of this stock and also get…

Read more »

Dividend Stocks

3 No-Brainer Stocks I’d Buy Right Now Without Hesitation

| Daniel Da Costa

These three Canadian stocks are some of the best to buy now, from a reliable utility company to a high-potential…

Read more »

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

Down by 9%: Is Alimentation Couche-Tard Stock a Buy in April?

| Adam Othman

Even though a discount alone shouldn't be the primary reason to choose a stock, it can be an important incentive…

Read more »

Dividend Stocks

Zero to Hero: Transform $20,000 Into Over $1,200 in Annual Passive Income

| Christopher Liew, CFA

Savings, income from side hustles, and even tax refunds can be the seed capital to purchase dividend stocks and create…

Read more »

Dividend Stocks

3 Rare Situations Where it Makes Sense to Take CPP at 60

| Andrew Button

If you get lots of dividends from stocks like Brookfield Asset Management (TSX:BAM), you may be able to get away…

Read more »

A lake in the shape of a solar, wind and energy storage system in the middle of a lush forest as a metaphor for the concept of clean and organic renewable energy.
Dividend Stocks

Forget Suncor: This Growth Stock is Poised for a Potential Bull Run

| Andrew Button

Suncor Energy (TSX:SU) stock has been on a great run, but Brookfield Renewable Corporation (TSX:BEPC) has better growth.

Read more »

Dividend Stocks

Smart TFSA Contributions: Where to Invest $7,000 Wisely

| Christopher Liew, CFA

TFSA investors can play smart and get the most from their new $7,000 contribution from two high-yield dividend payers.

Read more »

Dividend Stocks

TFSA Investors: 3 High-Yield Stocks to Own for Passive Income

| Andrew Walker

Top TSX stocks for high-yield passive income.

Read more »

Dividend Stocks

Canadian Retirees: 2 Top Dividend Stocks for Tax-Free Passive Income

| Adam Othman

When establishing a reliable dividend income that can sustain you through retirement, it's usually smart to stick to Aristocrats with…

Read more »

money cash dividends
Dividend Stocks

My Top Dividend Pick for 2024 Is a Passive-Income Powerhouse

| Christopher Liew, CFA

Energy is back as TSX’s top-performing sector and one passive-income powerhouse is a top pick for dividend investors.

Read more »

Dividend Stocks

Better Telecom Buy: Telus Stock or BCE?

| Adam Othman

Take a closer look at these two top TSX telecom stocks to determine which might be a better investment right…

Read more »

dividends grow over time
Dividend Stocks

Have $75,000 to Invest? Make an Average of $100/Week Tax-Free

| Daniel Da Costa

If you have cash to invest in your TFSA, these two high-yield dividend stocks are some of the best passive-income…

Read more »

Dividend Stocks

BCE Stock Needs to Cut Its Dividend – Now

| Amy Legate-Wolfe

BCE stock (TSX:BCE) has seen shares fall drastically with more debt rising, so why on earth did it increase its…

Read more »

Dividend Stocks

Is Now the Right Time to Buy goeasy Stock? Here’s My Take

| Kay Ng

Is now the time to buy goeasy stock?

Read more »

grow money, wealth build
Dividend Stocks

5 “Forever” Dividend Stocks to Build Your Wealth

| Amy Legate-Wolfe

If you're looking for dividend stocks you can happily hold forever, consider these five. Some with more growth in returns…

Read more »

The sun sets behind a power source
Dividend Stocks

3 Reasons Why Canadian Utilities Is an Ideal Canadian Dividend Stock

| Amy Legate-Wolfe

Canadian Utilities (TSX:CU) stock is well known as a dividend star, but why? Let's get into three reasons why it's…

Read more »

Dividend Stocks

Cash Kings: 3 TSX Stocks That Pay Monthly

| Sneha Nahata

These stocks are rewarding shareholders with regular monthly dividends and high yields, making them compelling investments for monthly cash.

Read more »

Dividend Stocks

Up 13%, Killam REIT Looks Like It Has More Room to Run

| Amy Legate-Wolfe

Killam REIT (TSX:KMP.UN) has seen shares climb 13% since market bottom, but come down recently after 2023 earnings.

Read more »

Dividend Stocks

Alimentation Couche-Tard Stock: Why I’d Buy the Dip

| Andrew Button

Alimentation Couche-Tard Inc (TSX:ATD) stock has experienced some turbulence, but has a good M&A strategy.

Read more »

Dividend Stocks

The Dividend Dream: 23% Returns to Fuel Your Income Dreams

| Amy Legate-Wolfe

If you want growth and dividend income, consider this dividend stock that continues to rise higher after October lows.

Read more »

Dividend Stocks

Here’s Why CNR Stock Is a No-Brainer Value Stock

| Chris MacDonald

Investors in Canadian National Railway (TSX:CNR) stock have had a great year, and here's why that trajectory can continue.

Read more »

protect, safe, trust
Dividend Stocks

RBC Stock: Defensive Bank for Safe Dividends and Returns

| Kay Ng

Royal Bank of Canada (TSX:RY) is the kind of blue-chip stock that investors can buy and forget.

Read more »

Dividend Stocks

TSX Real Estate in April 2024: The Best Stocks to Buy Right Now

| Kay Ng

High interest rates are creating enticing value in real estate investments. Here are two Canadian REITS to consider buying on…

Read more »

Dividend Stocks

Here’s the Average CPP Benefit at Age 60 in 2024

| Andrew Button

Dividend stocks like Royal Bank of Canada (TSX:RY) can provide passive income that supplements your CPP payments.

Read more »

Dividend Stocks

How Investing $100 Per Week Can Create $1,500 in Annual Dividend Income

| Amy Legate-Wolfe

If you want high dividend income from just $100 per week, then pick up this dividend stock and keep reinvesting.…

Read more »

Dividend Stocks

Should Bank of Nova Scotia or Enbridge Stock Be on Your Buy List Today?

| Andrew Walker

These TSX dividend stocks trade way below their 2022 highs. Is one now undervalued?

Read more »

A meter measures energy use.
Dividend Stocks

Here’s Why Canadian Utilities Is a No-Brainer Dividend Stock

| Puja Tayal

Canadian Utilities stock is down 23% in the last year. Even if it wasn’t down, it is a dividend stock…

Read more »

Dividend Stocks

Got $5,000? Buy and Hold These 3 Value Stocks for Years

| Amy Legate-Wolfe

These essential and valuable value stocks are the perfect addition to any portfolio, especially if you have $5,000 you want…

Read more »

Dividend Stocks

3 Magnificent Ultra-High-Yield Dividend Stocks That Are Screaming Buys in April

| Andrew Button

High yield stocks like BCE (TSX:BCE) can add a lot of income to your portfolio.

Read more »

grow money, wealth build
Dividend Stocks

1 Growth Stock Down 24% to Buy Right Now

| Daniel Da Costa

With this impressive growth stock trading more than 20% off its high, it's the perfect stock to buy right now…

Read more »

Dividend Stocks

What Should Investors Watch in Aecon Stock’s Earnings Report?

| Amy Legate-Wolfe

Aecon (TSX:ARE) stock has earnings coming out this week, and after disappointing fourth-quarter results, this is what investors should watch.

Read more »

Dividend Stocks

CNR Stock: Can the Top Stock Keep it Up?

| Amy Legate-Wolfe

CNR (TSX:CNR) stock has had a pretty crazy last few years, but after a strong fourth quarter, can the top…

Read more »

Dividend Stocks

3 Stocks Ready for Dividend Hikes in 2024

| Andrew Walker

These top TSX dividend stocks should boost their distributions this year.

Read more »

Dividend Stocks

TC Energy Stock: An Undervalued 7.8% Dividend Stock

| Kay Ng

TC Energy stock appears to be trading at a discount of about 20%.

Read more »