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

Dividend Stocks

How Maxing Out Your TFSA Could Make You $955,000

| Andrew Button

You can hold stocks like Brookfield Corp (TSX:BN) in a TFSA.

Read more »

Dividend Stocks

1 Dividend Stock I’m Buying for Superior Passive Income in 2024

| Jed Lloren

Are you interested in buying dividend stocks for passive income in 2024? Here’s one stock I’m buying!

Read more »

Dividend Stocks

Is Canadian Natural Resources Stock a Good Buy Right Now?

| Aditya Raghunath

CNQ stock has crushed the broader markets in the past two decades. Is the TSX dividend stock still a good…

Read more »

Dividend Stocks

2 Canadian Dividend Stocks to Buy Under $30

| Joey Frenette

Maple Leaf Foods (TSX:MFI) and another great dividend stock go for less than $30.

Read more »

Dividend Stocks

Here’s the Average CPP Benefit at Age 70

| Aditya Raghunath

Canadian retirees can consider supplementing their CPP payouts by investing in blue-chip dividend stocks such as RBC.

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

3 Stocks Warren Buffett Owns That Should Be on Your List Too

| Adam Othman

Add these three stocks to your self-directed investment portfolio if you want long-term holdings aligning with Warren Buffett’s investing philosophy.

Read more »

top TSX stocks to buy
Dividend Stocks

Passive Income: How Much Should You Invest to Earn $500 Every Month?

| Tony Dong, MSc, CETF®

These two Hamilton ETFs could be the perfect way to achieve modest passive-income potential.

Read more »

Dividend Stocks

3 Growth Stocks That Could More Than Double Their Revenue by 2025

| Christopher Liew, CFA

Three growth stocks outside the tech sector are strong buys for their massive revenue growth potential by 2025.

Read more »

Dividend Stocks

These 2 TSX Dividend Machines Pay You Monthly

| Jitendra Parashar

Here are two of the best monthly dividend stocks you can buy in Canada right now and hold for the…

Read more »

Dividend Stocks

This 8% Dividend Stock Pays Cash Every Month

| Amy Legate-Wolfe

This dividend stock has a solid present, and a strong future for investors looking to gain monthly passive income while…

Read more »

Dividend Stocks

How to Earn at Least $1,560 in Passive Income in 2024 With Less Than $40K in Savings

| Amy Legate-Wolfe

If you have $40,000 sitting around, here is exactly how you can put it away and gain at least $1,560…

Read more »

Dividend Stocks

1 Under-$50 Dividend Stock to Buy for Monthly Passive Income

| Christopher Liew, CFA

A dividend stock under $50 is the best option for those investing for monthly passive income.

Read more »

Dividend Stocks

3 No-Brainer Stocks to Buy Right Now for Less Than $10

| Amy Legate-Wolfe

These three dividend stocks are no-brainer buys right now, especially since it won't take much cash at all to buy…

Read more »

A meter measures energy use.
Dividend Stocks

Forget Air Canada: Buy This Magnificent Utilities Stock Instead

| Christopher Liew, CFA

A Dividend Aristocrat in the utility sector is a better buy than Air Canada.

Read more »

Dividend Stocks

Is BCE Stock the Best High-Yield Dividend Stock for You?

| Jitendra Parashar

While it might now double your money in the short term, BCE stock can help you generate reliable passive income…

Read more »

Dividend Stocks

1 Passive-Income Stream and 1 Dividend Stock for $14,727 in 2024

| Amy Legate-Wolfe

Passive income should be passive, bringing in the easiest cash possible. And with AI in use along with a dividend…

Read more »

Dividend Stocks

2 Stocks Ready for Dividend Hikes in 2024

| Adam Othman

These two top TSX dividend-growth stocks look cheap and ripe for income-seeking investors to add to their holdings.

Read more »

Dividend Stocks

If You’d Invested $5,000 in Brookfield Renewable Partners Stock in 2023, This Is How Much You Would Have Today

| Aditya Raghunath

Shares of Brookfield Renewable Partners are trading 50% below record highs, increasing the dividend yield to more than 6%.

Read more »

Dividend Stocks

TSX Information Technology in March 2024: The Best Stocks to Buy Right Now

| Adam Othman

Two TSX stocks with massive growth potential are the best stocks to buy in the information technology industry right now.

Read more »

protect, safe, trust
Dividend Stocks

2 Dividend Stocks to Buy in March 2024 for Safe Passive Income

| Rajiv Nanjapla

Given their stable cash flows and long-term growth prospects, these two dividend stocks are excellent buys for income-seeking investors.

Read more »

Dividend Stocks

Got $100? 2 Top Canadian Stocks to Buy and Hold

| Daniel Da Costa

These two top Canadian stocks are reliable and have impressive long-term growth potential, making them two of the best to…

Read more »

Dividend Stocks

3 Dividend Stocks to Double Up on Right Now

| Amy Legate-Wolfe

These dividend stocks offer the best of the best in terms of future growth and current dividends, so grab on…

Read more »

A red umbrella stands higher than a crowd of black umbrellas.
Dividend Stocks

Beyond Canadian Bank Stocks: 3 Insurance Plays With Nice Dividends

| Amy Legate-Wolfe

Banks are great, but these three insurance stocks offer huge dividends, more diversification, and growth exposure.

Read more »

Dividend Stocks

Passive Income: 2 REITs to Play Lower Rates

| Christopher Liew, CFA

Two prominent REITs are top plays for passive income investors before or once rate cuts begin.

Read more »

Dividend Stocks

Dividend Stocks: What’s Better? Growth or Consistency?

| Jed Lloren

Are you thinking of investing in dividend stocks? Are you struggling to figure out if growth is better than consistency?…

Read more »

Investor wonders if it's safe to buy stocks now
Dividend Stocks

Is Couche-Tard Stock a Buy?

| Amy Legate-Wolfe

ATD (TSX:ATD) stock has had a rough few years, but it has managed to float through it and expand, even…

Read more »

Dividend Stocks

3 No-Brainer Dividend Stocks to Buy Right Now for Less Than $200

| Daniel Da Costa

These three no-brainer dividend stocks are all reliable and have safe dividends, making them some of the best to buy…

Read more »

Dividend Stocks

Why Brookfield Stock Fell on Thursday

| Amy Legate-Wolfe

Brookfield is on the acquisition trail. Should you buy or hold?

Read more »

stock research, analyze data
Dividend Stocks

Invest $500 Each Month to Create $1,564.65 in Passive Income in 2024

| Amy Legate-Wolfe

Passive income can be yours this year, and what's more, it can be done safely -- especially when you consider…

Read more »

The sun sets behind a power source
Dividend Stocks

Forget Canopy Growth: 3 Utility Stocks to Buy Instead

| Adam Othman

Utility stocks are cherished for their reliable dividends, and while they may never match the rapid growth pace of marijuana…

Read more »

Dividend Stocks

3 Cheap Canadian Stocks That Offer 4% Dividend Yields

| Nicholas Dobroruka

These three dividend stocks are not only all yielding above 4% but also trading below $100.

Read more »

Dividend Stocks

TFSA Dividend Stocks: How You Can Earn $261.21 Per Month of Growing Passive Income With Allied Properties Stock

| Amy Legate-Wolfe

AP.UN (TSX:AP.UN) stock could be a real winner for investors wanting passive income, just consider all this before buying.

Read more »

Dividend Stocks

3 No-Brainer TSX Stocks to Buy in 2024

| Jitendra Parashar

Buying these three no-brainer TSX stocks in 2024 could not only minimize risks to your portfolio but also boost your…

Read more »

Dividend Stocks

TFSA: Invest $15,000 in CSU Stock and Get $4,694 in Passive Income

| Amy Legate-Wolfe

CSU stock (TSX:CSU) has surged in the last year, yet even if growth slows by half, you could create immense…

Read more »

Dividend Stocks

TSX Communications in March 2024: The Best Stocks to Buy Right Now

| Christopher Liew, CFA

Two TSX stocks paying hefty dividends are the best stocks to buy in the communications industry right now.

Read more »

bulb idea thinking
Dividend Stocks

3 Things About goeasy Stock Every Smart Investor Should Know

| Amy Legate-Wolfe

If you're looking for a TSX stock still growing, despite a downturn, goeasy (TSX:GSY) stock could be your winner. Yet…

Read more »

Dividend Stocks

2 Canadian Dividend Stocks to Buy Hand Over Fist in March 2024

| Jitendra Parashar

Here are two of the best Canadian dividend stocks you shouldn’t miss buying in March.

Read more »

ETF chart stocks
Dividend Stocks

Build the Best Passive Income Portfolio for $117.62 in Monthly Dividends With XDIV ETF

| Amy Legate-Wolfe

This ETF is perfect as a base for your monthly passive income portfolio, and here's exactly how to get started…

Read more »

Dividend Stocks

Telus Is Paying $1.50 Per Share in Dividends: Time to Buy the Stock?

| Andrew Button

Telus has a 6.5% dividend yield. Should you buy the stock?

Read more »

Dividend Stocks

Monthly Cash: 2 Dividend Stocks to Buy Now and Hold Forever

| Jitendra Parashar

Receiving monthly cash from these two Canadian dividend stocks can give you flexibility and an opportunity to compound your returns…

Read more »