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

For a Shot at $6,228/Year in Passive Income, Buy 755 Shares of This TSX Stock

| Amy Legate-Wolfe

Looking for passive income? You'll need to look beyond only dividends. Which is why EIF stock could be one of…

Read more »

Piggy bank with word TFSA for tax-free savings accounts.
Dividend Stocks

TFSA Investors: 2 Dividend Stocks I’d Buy and Hold Forever

| Kay Ng

These two stocks could provide long-term investors multi-year returns of more or less 10% per year

Read more »

crypto, chart, stocks
Dividend Stocks

Why Waste Connections Stock Keeps Going Up

| Amy Legate-Wolfe

Waste Connections stock (TSX:WCN) continues to hit all-time highs. But is more on the way, or is an investment wasteful?

Read more »

Dividend Stocks

A Dividend Giant I’d Buy Over Suncor Stock

| Aditya Raghunath

Suncor Energy is a blue-chip TSX dividend stock that offers you a tasty yield. But this TSX dividend giant is…

Read more »

Two seniors walk in the forest
Dividend Stocks

Passive Income Investors: The Best Bargain to Buy in June

| Demetris Afxentiou

Passive income investors shopping for stocks to own this month will be hard-pressed to find two better options that can…

Read more »

Dividend Stocks

Love Real Estate? 3 Top TSX REITs to Watch in June

| Chris MacDonald

For investors seeking exposure to real estate investment trusts, or REITs, here are three top Canadian options to consider buying…

Read more »

Dividend Stocks

The Best Canadian REITs to Invest in This Month

| Demetris Afxentiou

Do you want to own some of the best Canadian REITs? Here are two options that offer growth and insane…

Read more »

RRSP Canadian Registered Retirement Savings Plan concept
Dividend Stocks

Here’s the Average RRSP Balance at Age 35 in Canada

| Andrew Button

The average 35-year-old Canadian has little invested in RRSPs, but even a small RRSP balance can go a long way…

Read more »

Dividend Stocks

Buy 1,000 Shares of This Top Dividend Stock for $100/Month in Passive Income

| Jitendra Parashar

Here’s how this top Canadian dividend stock could help you earn stable passive income each month for years to come.

Read more »

Dividend Stocks

Income Stocks: A Once-in-a-Decade Chance to Get Rich

| Amy Legate-Wolfe

When it comes to income stocks, there are some that provide soaring opportunities for the next decade. And this dividend…

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

Dividend Aristocrats: Reliable Stocks for Steady Income in 2024

| Amy Legate-Wolfe

Dividend Aristocrats are perfect for investors seeking long-term income, as well as steady income in 2024. But this one has…

Read more »

Dividend Stocks

TFSA Pension: How to Earn $5,270 Per Year in Tax-Free Income

| Aditya Raghunath

Here's you can create a diversified TFSA portfolio and earn over $5,000 in passive income each year.

Read more »

Dividend Stocks

Contrarian Investors: 2 Discounted High-Yield Dividend Stocks for Passive Income

| Andrew Walker

These top TSX dividend stocks now have 7% dividend yields.

Read more »

Dividend Stocks

Bank of Canada Rate Cuts: Best Stocks to Buy Right Now

| Amy Legate-Wolfe

These are the best stocks to buy with interest rates coming down. Don't just save money; start making it, too!

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

2 of the Top Dividend Stocks in Canada

| Jitendra Parashar

Here are two of the best buy-and-hold-forever dividend stocks in Canada you can bet on.

Read more »

A meter measures energy use.
Dividend Stocks

2 Utility Stocks That Benefit From Interest Rate Cuts

| Kay Ng

Further rate cuts could mean a healthy rise in share price for these two undervalued utility stocks.

Read more »

Dividend Stocks

Goldilocks Markets and Record Highs: What Investors Need to Know

| Amy Legate-Wolfe

Right now, conditions are "just right" for a "Goldilocks" market, so here's what investors need to know and where to…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Avoid These TFSA Pitfalls to Keep More of Your Money

| Amy Legate-Wolfe

Investors continue to make many mistakes in a TFSA, so let's look at how to overcome them with these tips,…

Read more »

A close up color image of a small green plant sprouting out of a pile of Canadian dollar coins "loonies."
Dividend Stocks

Beat the TSX With These Cash-Gushing Dividend Stocks 

| Puja Tayal

The TSX is a gold mine for dividend stocks. You can find 6% yield stocks that even grow their dividend…

Read more »

Dividend Stocks

These 5 Stocks Have Unstoppable Dividend Growth

| Christopher Liew, CFA

These five stocks can form a diversified stock portfolio of dividend aristocrats from the TSX.

Read more »

A train passes Morant's curve in Banff National Park in the Canadian Rockies.
Dividend Stocks

All-Time Highs, Next-Level Gains: 2 Top TSX Growth Stocks to Watch

| Amy Legate-Wolfe

These growth stocks may be at all-time highs, but that's not just over the last year. To the contrary, these…

Read more »

Dividend Stocks

How Much to Invest to Get $500 in Dividends Every Month

| Rajiv Nanjapla

These three monthly paying dividend stocks could help you earn over $500 monthly in passive income.

Read more »

Piggy bank with word TFSA for tax-free savings accounts.
Dividend Stocks

TFSA Maxed Out? Here Are 5 Other Ways to Grow Your Wealth in Canada

| Christopher Liew, CFA

Canadians have other options to grow wealth after maxing out their TFSA contribution limits.

Read more »

A man smiles while playing a video game.
Dividend Stocks

RRSP: 2 High-Yield Dividend Stocks to Consider Now

| Andrew Walker

These top TSX dividend stocks offer attractive yields today for RRSP investors.

Read more »

Dividend Stocks

2 Bargain Stocks You Can Buy Today and Hold Forever

| Daniel Da Costa

These two stocks are reliable and trade ultra-cheap, making them among the best TSX stocks to buy now and hold…

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

Top 3 Dividend Stocks Yielding Over 7% to Buy in June 2024

| Amy Legate-Wolfe

Are you looking for the best of the best dividend stocks? These three are the ones that belong on your…

Read more »

Dividend Stocks

RRSP Investors: Buy These Top Dividend Stocks for Total Returns

| Aditya Raghunath

RRSP investors can consider adding blue-chip dividend stocks such as Tourmaline Oil to their equity portfolios in 2024.

Read more »

Dividend Stocks

This 8.9 Percent Dividend Stock Pays Cash Every Month

| Jitendra Parashar

You can forget about risks related to short-term market volatility and buy this high-yield monthly dividend stock to expect solid…

Read more »

Dividend Stocks

RRSP Wealth: 2 Great Canadian Dividend Stocks to Buy in June

| Andrew Button

Dividend stocks like Brookfield Asset Management (TSX:BAM) can be great RRSP holdings.

Read more »

Dividend Stocks

How to Build a Monthly Passive-Income Stream With Canadian REITs

| Amy Legate-Wolfe

These two monthly dividend stocks will create passive income you can live off of for life, and now is the…

Read more »

Dividend Stocks

Why I’m Obsessed With This High-Yield Dividend Stock

| Christopher Liew, CFA

A high-yield dividend stock is a strong buy for dividend investors chasing performance and generous passive-income streams.

Read more »

Dividend Stocks

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

| Aditya Raghunath

While Enbridge is a good TSX dividend stock to own in 2024, Whitecap is positioned to grow its dividends at…

Read more »

Dividend Stocks

Dividend Royalties: 2 Fabulous Stocks to Buy Now for Decades of Passive Income 

| Puja Tayal

Instead of working to live paycheque to paycheque, you could work towards building a stock portfolio that gives you a…

Read more »

Dividend Stocks

TFSA: 2 Dividend Stocks to Buy for Growing Passive Income

| Andrew Walker

These top TSX dividend stocks deserve to be on your radar for passive income.

Read more »

Dividend Stocks

2 Absurdly Cheap Stocks to Buy and Hold for Years

| Aditya Raghunath

Cheap TSX dividend stocks such as Stella-Jones should be part of your shopping list in June 2024.

Read more »

Dividend Stocks

Why This High-Yield Dividend Stock Is My Top TFSA Pick

| Christopher Liew, CFA

A low-priced, high-yield dividend stock paying monthly dividends is an ideal holding in a TFSA.

Read more »

Dividend Stocks

RRSP Pension: 2 Dividend Stocks to Buy on the Latest Dip

| Andrew Walker

These high-yield TSX stocks look cheap right now for RRSP investors.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Safe and Sound Stocks for Canadians: My Top 5 Choices

| Kay Ng

Five safe stocks to buy on a market pullback.

Read more »

Dividend Stocks

8.86% Dividend Yield! I’m Buying This TSX Stock and Holding it for Decades

| Puja Tayal

The TSX is a gold mine of lucrative dividend stocks trading near their multi-year low. An 8.86% dividend yield is…

Read more »

Dividend Stocks

Brookfield Infrastructure vs. Brookfield Renewable: Which Brookfield Stock is a Better Buy?

| Kay Ng

Both Brookfield Infrastructure (TSX:BIPC) and Brookfield Renewable (TSX:BEPC) are dividend income earners trading at a discount, but which stock is…

Read more »