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

top TSX stocks to buy
Dividend Stocks

2 Dividend Stocks I’d Buy and Hold Forever for Huge Passive Income

| Amy Legate-Wolfe

If you're looking for passive income that lasts a lifetime, look to sectors that will be around for a lifetime!…

Read more »

Dividend Stocks

Retirees: Here’s How to Boost Your CPP Pension in 2024

| Aditya Raghunath

Investing in quality dividend stocks such as Enbridge can help you supplement your CPP payments in 2024.

Read more »

Dividend Stocks

3 High-Yield Stocks for Considerable Passive Income (7% Dividends!)

| Sneha Nahata

Are you seeking high-yield stocks for passive income? Consider these top Canadian stocks.

Read more »

Dividend Stocks

How to Earn $4,987.50 Per Year in Passive Income and Share None With the CRA

| Andrew Walker

This investing strategy can put tax-free income in your pocket and reduce risk.

Read more »

Dividend Stocks

Is BCE Stock a Smart Buy Right Now for Dividends?

| Andrew Walker

BCE is down 40% from the 2022 high. Is the stock now undervalued?

Read more »

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

TSX Domination: The 6% Dividend Stock to Watch

| Nicholas Dobroruka

There’s a lot to like about this high-yielding dividend stock. Don’t miss your chance to load up at these discounted…

Read more »

Dividend Stocks

Are You Eligible for the GST/HST Refund in 2024?

| Aditya Raghunath

Here's how Canadian households can consider investing benefits from tax credits and create a retirement nest egg.

Read more »

Dividend Stocks

Low Risk Investors: Here’s Why You Should Keep Fortis Stock on Your Watchlist

| Tony Dong, MSc, CETF®

Here's why I like Fortis as a defensive buy-and-hold dividend stock.

Read more »

Dividend Stocks

TSX Cash Kings: 2 Dividend Stocks That Pay You Monthly

| Aditya Raghunath

Monthly paying TSX dividend stocks such as Savaria and Exchange Income can help you deliver outsized gains in 2024.

Read more »

Dividend Stocks

How Retirees Can Earn $5,225 Per Year in Passive Income and Avoid the OAS Clawback

| Andrew Walker

Here's how retirees can earn high-yield, tax-free returns while reducing risk.

Read more »

data analyze research
Dividend Stocks

2 Canadian Stocks to Buy and Hold Forever in Your RRSP

| Aditya Raghunath

Canadian investors can buy and hold blue-chip dividend stocks such as Brookfield Asset Management in the RRSP.

Read more »

Dividend Stocks

Should You Buy the 3 Highest-Paying Dividend Stocks in the TSX Composite?

| Andrew Button

Should you buy high-yielding TSX stocks like BCE Inc (TSX:BCE)?

Read more »

Dividend Stocks

Passive Income: How Much to Invest to Earn $1,000 Each Year

| Aditya Raghunath

Enbridge remains a popular choice among income-seeking investors due to its strong financials, reasonable valuation, and growing dividend.

Read more »

Dividend Stocks

New Investors: How to Use a TFSA to Earn $4,750 Per Year in Tax-Free Passive Income

| Andrew Walker

Here are top investments for TFSA passive income.

Read more »

dividends grow over time
Dividend Stocks

How to Build a Bulletproof Monthly Passive-Income Portfolio With Just $10,000

| Aditya Raghunath

You can begin a passive-income stream with just $10,000 by investing in these quality stocks and ETFs right now.

Read more »

Dividend Stocks

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

| Adam Othman

While a stellar dividend history is essential when choosing a long-term dividend payer, you should also look into its future…

Read more »

Dividend Stocks

Slow and Steady: 2 Passive-Income Stocks With Yields Over 5%

| Joey Frenette

Great-West Lifeco (TSX:GWO) and another financial dividend juggernaut may be worth a big bet if you like passive-income payments.

Read more »

Dividend Stocks

Retirees: 2 Great Canadian Dividend Stocks With High Yields

| Andrew Walker

Top TSX dividend stocks now offer attractive yields for investors seeking passive income.

Read more »

Dividend Stocks

Monthly Income Mastery: How to Build a $37,300 Portfolio for Endless Cash Flow

| Christopher Liew, CFA

Two dividend stocks with impressive dividend track records can provide endless monthly cash flows.

Read more »

Dividend Stocks

1 Top Dividend Stock to Buy With $500

| Adam Othman

Waiting for your capital to hit a certain threshold before you buy a dividend stock might not be the best…

Read more »

Dividend Stocks

RRSP Investors: 2 Great Dividend Stocks to Buy for Total Returns

| Andrew Walker

These top TSX dividend stocks have increased their payouts annually for decades.

Read more »

protect, safe, trust
Dividend Stocks

This 4%-Yielding Dividend Stock is a Top Option for Safe Income

| Demetris Afxentiou

Looking for a top option for safe income that can also provide growth for years to come? Then consider this…

Read more »

Dividend Stocks

3 No-Brainer Stocks to Buy Right Now for Less Than $13

| Amy Legate-Wolfe

If you want no-brainer stocks, it's best to start out with no-brainer industries, and these three offer just that for…

Read more »

a person prepares to fight by taping their knuckles
Dividend Stocks

These 2 Stocks That Struggled in 2023 Could Make a Big Comeback in 2024

| Adam Othman

After almost one-and-a-half years of fluctuations, the TSX is consistently rising, and many beaten-down picks of 2023 might emerge as…

Read more »

Dividend Stocks

Down by 27%: Is goeasy Stock a Good Buy in April 2024?

| Adam Othman

Some of the best growth stocks typically get inflated over time and slump much harder than their conservative counterparts. But…

Read more »

Dividend Stocks

3 Dividend Stocks With +10% Yields

| Amy Legate-Wolfe

These three dividend stocks are top notch, with each rebounding already on the TSX today!

Read more »

Dividend Stocks

Where Will BCE Stock Be in 3 Years?

| Brian Paradza, CFA

BCE stock has dropped to crisis trading levels. Read this if you intend to buy or hold the high yield…

Read more »

a person looks out a window into a cityscape
Dividend Stocks

A Stellar REIT to Buy and Hold for the Long Term

| Joey Frenette

Canadian Apartment Properties REIT (TSX:CAR.UN) is a great residential property play to consider buying on weakness.

Read more »

Dividend Stocks

Future Legends: 2 Stocks You’ll Want to Keep for Decades

| Christopher Liew, CFA

Two outperforming stocks are potential multi-baggers in 2024 and future legends for their visible, long-growth runways.

Read more »

Dividend Stocks

Passive Income: 2 TSX Dividend Stocks to Buy Now for High Yields

| Andrew Walker

Top TSX dividend stocks still look oversold.

Read more »

Dividend Stocks

Want to Earn $2,000 in Annual Dividend Income? Invest $32,500 in These 3 Stocks

| Aditya Raghunath

Canadian investors can create a stable stream of recurring income in 2024 by investing in dividend stocks such as Enbridge.

Read more »

Dividend Stocks

2 Top Canadian Monthly Dividend Champions

| Christopher Liew, CFA

Most dividend-paying TSX companies offer quarterly payouts, but two high-yield stocks are monthly dividend champions.

Read more »

Man data analyze
Dividend Stocks

1 Dividend Stock Down 7.7% You Can’t Afford to Miss

| Christopher Liew, CFA

A powerhouse dividend stock in the real estate sector with a stable and resilient asset class is a buying opportunity.

Read more »

Dividend Stocks

Should You Buy TC Energy or Telus?

| Andrew Walker

These top TSX stocks now offer 7% dividend yields.

Read more »

Dividend Stocks

5 Canadian Stocks to Buy and Hold Forever in Your TFSA

| Demetris Afxentiou

The market is full of great stocks that can provide a juicy income. Here are five Canadian stocks to buy…

Read more »

Dividend Stocks

Retirees: Is CPP Enough to Live On?

| Aditya Raghunath

Canadian retirees can supplement retirement benefits such as the CPP with quality blue-chip TSX dividend stocks.

Read more »

Dividend Stocks

This 6.5% Dividend Stock Pays Cash Every Month

| Andrew Button

First National Financial (TSX:FN) stock has a 6.5% dividend yield.

Read more »

Dividend Stocks

TFSA Investors: How to Secure $150 Per Month in Growing Passive Wealth

| Christopher Liew, CFA

Investing through a Tax-Free Savings Account (TFSA) is one of the best options for faster money growth. All interest, capital…

Read more »

Dividend Stocks

The Smartest Dividend Stocks to Buy With $400 Right Now

| Demetris Afxentiou

There's no shortage of great investments to buy. Here's a look at some of the smartest dividend stocks on the…

Read more »

Dividend Stocks

3 Strategies to Unlock Hidden Value From Your RRSP Contributions

| Amy Legate-Wolfe

The RRSP has so many benefits, but have you heard of these ones? If not, you're potentially missing out on…

Read more »