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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

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3 TSX Dividend Stocks That Could Pay You Forever

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Enbridge Is a High-Yielding Canadian Dividend Stock to Buy Now and Own Forever

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Recent Dividend Stocks News

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2 Canadian ETFs to Buy and Hold Forever in Your TFSA

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These are two ETFs you can buy and hold forever in your TFSA.

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These top TSX dividend stocks still look undervalued.

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These two Canadian companies pay dividends every 30 days or offer monthly payouts.

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Investing in blue-chip TSX dividend stocks such as RBC and CNR can help you earn passive income for life.

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These stocks now have dividend yields above 7%.

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The patient investor can build long-term capital with these two stocks growing dividends at an above-average pace.

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TFSA Pension: How to Earn $2,000 a Year in Tax-Free Income

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Dividend Stocks

Invest $10,000 in This Monthly Dividend Stock for $3,500 in Passive Income

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Stocks like Enbridge and Fortis are growing their dividends for decades, and returning higher cash to their shareholders.

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Enbridge (TSX:ENB) stock looks way too cheap to ignore if you seek a dividend heavyweight for cheap this June!

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| Puja Tayal

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| Jitendra Parashar

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