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

Is Hydro One Stock a Buy?

| Aditya Raghunath

Hydro One has outpaced the broader markets since its IPO in late 2015. Let's see if this TSX dividend stock…

Read more »

Dividend Stocks

Could Royal Bank Stock Help You Retire a Millionaire?

| Amy Legate-Wolfe

RBC (TSX:RY) stock has a long history dating back decades for those seeking a safe stock to help achieve that…

Read more »

Dividend Stocks

Why Is Algonquin Stock up After Earnings?

| Amy Legate-Wolfe

Algonquin (TSX:AQN) stock plummeted last year after a dividend cut but could be on the rise once more after posting…

Read more »

Dividend Stocks

CRA Money: How Your RRSP Can Boost Your CPP Benefits

| Andrew Button

Here's how RRSP contributions in retirement can boost your CPP income.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Retirees: 2 Dividend Stocks With High Yields to Buy for 2024

| Rajiv Nanjapla

Given their stable cash flows, impressive track record of dividend growth, and high yields, these two stocks are ideal for…

Read more »

Dividend Stocks

What’s the Best Way to Invest in Stocks Without Any Experience? Start With This Index Fund

| Amy Legate-Wolfe

This Index Fund is up significantly in the last five years, and could easily continue to rise with exposure to…

Read more »

oil and gas pipeline
Dividend Stocks

Here’s Why Enbridge Is a No-Brainer Dividend Stock

| Aditya Raghunath

Enbridge is among the highest-yielding dividend stocks in Canada, offering shareholders a tasty forward yield of 7.6%.

Read more »

A shopper makes purchases from an online store.
Dividend Stocks

Is Cascade Stock’s Dividend in Danger After the Company Posted an Underwhelming Q4?

| Amy Legate-Wolfe

Cascades stock (TSX:CAS) currently offers a 4.57% dividend yield, but is that going to stay safe after quite disappointing earnings…

Read more »

Dividend Stocks

3 Essential CRA Benefits to Claim on Your 2023 Taxes

| Andrew Button

If you own dividend stocks like Brookfield Asset Management (TSX:BAM), you may be eligible for the dividend tax credit.

Read more »

Dividend Stocks

1 Dreamy Dividend Stock Just Increased its Dividend by 19%!

| Aditya Raghunath

Here's why Brookfield Asset Management is one of the most popular dividend-growth stocks on the TSX.

Read more »

dividends grow over time
Dividend Stocks

3 Unstoppable Dividend Stocks That Could Pay You for Life

| Sneha Nahata

Dividend stocks like Enbridge have the potential to consistently grow their earnings and dividend payouts.

Read more »

calculate and analyze stock
Dividend Stocks

For Dividend Income, Buy These High-Yield, Blue-Chip Stocks

| Christopher Liew, CFA

Two high-yield dividend payers are no-brainer choices for income investors because they are blue-chip investments.

Read more »

Dividend Stocks

Better Buy: TELUS vs BCE Stock

| Robin Brown

TELUS and BCE are trading with massive dividend yields right now? But does that make them a good buy? Here's…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Retirees: 3 Hacks to Make $2,500 Per Month in Retirement

| Aditya Raghunath

Retirees should look to create a diversified portfolio of income sources by investing in dividend stocks and ETFs.

Read more »

Dividend Stocks

Unlock the Wealth: 3 RRSP Strategies of Millionaires

| Christopher Liew, CFA

Three RRSP strategies can help unlock wealth and make account users millionaires.

Read more »

top TSX stocks to buy
Dividend Stocks

1 Canadian Dividend Stock Quietly Crushing the TSX Today

| Amy Legate-Wolfe

BBU (TSX:BBU.UN) stock has seen shares climb a whopping 71% since October, but there's more room to run according to…

Read more »

Dividend Stocks

If You’d Invested $1,000 in Fortis Stock in 2014, This Is How Much You Would Have Today

| Amy Legate-Wolfe

Fortis (TSX:FTS) stock has long been known for a reliable business and stable dividend. But with shares near 52-week lows,…

Read more »

Dividend Stocks

Retirees: 2 Top TSX Dividend Stocks to Buy Now for Passive Income in 2024

| Aditya Raghunath

High-yield dividend stocks such as Emera and Capital Power also trade at a discount to consensus price target estimates.

Read more »

Dividend Stocks

This Obscure Real Estate Stock Pays a Generous Monthly Dividend

| Christopher Liew, CFA

An obscure REIT with a strategic roadmap and paying generous monthly dividends is a buying opportunity.

Read more »

data analyze research
Dividend Stocks

Best Stock to Buy Now: Is Royal Bank of Canada Stock a Buy After Earnings?

| Amy Legate-Wolfe

RBC stock (TSX:RY) recently reported earnings with provisions climbing higher, so is it a buy? Or buyer beware at this…

Read more »

Dividend Stocks

Married Canadians: Are You Missing This Crucial Tax Break?

| Andrew Button

Thanks to a little-known CRA tax break you can gain a tax refund, which can be invested in stocks like…

Read more »

Dividend Stocks

3 Crazy Reasons You Should Buy BCE Stock Right Now

| Demetris Afxentiou

BCE (TSX:BCE) is one of Canada's largest telecoms with plenty to offer investors. Here's why you should buy BCE stock…

Read more »

grow money, wealth build
Dividend Stocks

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

| Amy Legate-Wolfe

The highest dividend yields may not always mean the best stock. But there is certainly some gold to be dug…

Read more »

rail train
Dividend Stocks

Better Stock: CNR vs CP

| Andrew Button

Canadian National Railway (TSX:CNR) and Canadian Pacific Kansas City Railway (TSX:CP) are two of Canada's biggest railroads. Which is better?

Read more »

Dividend Stocks

3 High-Yield Stocks for Considerable Passive Income

| Aditya Raghunath

High-yield TSX dividend stocks such as Fortis offer shareholders a tasty dividend yield while trading at a cheap multiple.

Read more »

Dividend Stocks

3 High-Yield Stocks That Pay Investors Every Month

| Christopher Liew, CFA

Three Canadian high-yield stocks paying monthly dividends are ideal options for income-oriented investors.

Read more »

Dividend Stocks

2 Dividend Stocks That Could Turn $20,000 Into $100,000 Over Time

| Christopher Liew, CFA

Two dividend stocks with lengthy dividend-growth streaks can grow capital five-fold over time.

Read more »

dividends grow over time
Dividend Stocks

ENB Stock: Can This Dividend Aristocrat Make You Super Rich?

| Jitendra Parashar

Here are the top reasons that make Enbridge one of the most attractive Dividend Aristocrats in Canada today.

Read more »

A person builds a rock tower on a beach.
Dividend Stocks

Beginners: Here Are 2 Dividend Stocks to Get Your Portfolio Started!

| Daniel Da Costa

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

Read more »

Dividend Stocks

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

| Aditya Raghunath

Canadian retirees can supplement their CPP payouts by investing quality, high-yield dividend stocks in 2024.

Read more »

Dividend Stocks

Down 8.6%, This Magnificent Dividend Stock Is a Screaming Buy 

| Puja Tayal

This magnificent dividend stock is trading at its 10-year low due to some headwinds. Its 8.1% dividend yield makes it…

Read more »

Dividend Stocks

Should You Buy Brookfield Infrastructure for its 5.7% Dividend Yield?

| Aditya Raghunath

Brookfield Infrastructure Partners is a high-dividend stock trading at an attractive valuation in 2024.

Read more »

Dividend Stocks

This Passive-Income All-Star Just Increased its Dividend by 9.6% 

| Puja Tayal

Shout out to dividend seekers. This stock increased its dividend by 9.6% and has the potential to keep growing the…

Read more »

Dividend Stocks

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

| Aditya Raghunath

Investing in monthly-paying dividend ETFs such as XDIV can help you earn passive income with just $10,000 in 2024.

Read more »

Dividend Stocks

Transform $50 Into Monthly Income: The Best Dividend Stocks Under $50

| Sneha Nahata

These stocks are rewarding shareholders with regular monthly dividends and high yield, making them compelling income investment options.

Read more »

Dividend Stocks

Why I Won’t Touch This 13% Yielding Dividend Stock With a 10-Foot Pole

| Puja Tayal

If you are considering investing in high-yielding dividend stocks, look beyond the yields into their ability to sustain those dividends.

Read more »

Dividend Stocks

This Under-$10 Stock Currently Yields More Than 4%

| Aditya Raghunath

Stingray is a cheap TSX dividend stock that offers you a yield of over 4% in March 2024.

Read more »

calculate and analyze stock
Dividend Stocks

Is BCE’s Dividend Under Pressure? And Is the Stock a Buy?

| Joey Frenette

BCE (TSX:BCE) stock is a deep-value buy for value investors brave enough to pursue the dividend.

Read more »

Dividend Stocks

Forget Shopify: 1 Tech Stock to Buy Instead

| Jitendra Parashar

Nuvei’s consistent focus on global expansion and growing demand for its payment services make it a very attractive Canadian tech…

Read more »

Dividend Stocks

1 Magnificent Canadian Dividend Stock Down 6.2% to Buy and Hold Forever 

| Puja Tayal

A magnificent dividend stock has slipped 6.2% year to date, creating an opportune time to buy and make for the…

Read more »