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

The Future of Facebook’s Dividend
Dividend Stocks

Hey, Dividend Investors. Meta Stock Has Become Something to Seriously Like.

| Nate Parmelee (TMFDoraemon)

No longer "just" a growth stock, Meta Platforms will start paying a $0.50 dividend. Income investors, take note.

Read more »

Dividend Stocks

Underpriced and Overlooked: 2 Canadian Stocks Ready to Rally

| Christopher Liew, CFA

Investors should consider buying TransAlta and Crew Energy on temporary weakness. Both companies have visible growth potential and expect the…

Read more »

Dividend Stocks

Should You Buy Chemtrade Logistics Income Fund for its 7.4% Dividend Yield?

| Aditya Raghunath

Chemtrade Logistics Income Fund has a forward yield of 7.4%. But is this TSX dividend stock a good buy right…

Read more »

four people hold happy emoji masks
Dividend Stocks

Got $1,000? 2 Best Stocks to Buy Right Now

| Demetris Afxentiou

Are you looking for some of the best stocks to buy? Here are two options that offer income and growth…

Read more »

Dividend Stocks

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

| Andrew Walker

These great Canadian dividend-growth stocks now offer high yields.

Read more »

Dividend Stocks

2 Reasons to Buy BCE Stock Like There’s No Tomorrow

| Adam Othman

While already a staple for many Canadian investors, here are a couple of reasons it’s an even more attractive investment…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Is it Possible to Retire on CPP Alone in 2024?

| Puja Tayal

CPP is not meant to replace your working income, but only to substitute for your basic needs. 

Read more »

Dividend Stocks

RRSP: 2 Blue-Chip Stocks Every Canadian Should Own

| Andrew Walker

Top TSX dividend stocks are on sale.

Read more »

Dividend Stocks

Is Canadian Pacific Kansas City Stock a Buy?

| Aditya Raghunath

Canadian City Kansas City stock is up close to 2,000% in the last 20 years. But is CPKC stock a…

Read more »

Dividend Stocks

3 Stocks Ready for Dividend Hikes in 2024

| Puja Tayal

While 2023 saw some dividend cuts, 2024 saw some dividend hikes. Resilient stocks proved they are your go-to stocks in…

Read more »

Dividend Stocks

Hidden Gem: This Dividend Stock, Down 30.5%, Is a Must-Buy

| Christopher Liew, CFA

A dividend stock in the energy sector is a hidden gem for its high yield and strong upside potential.

Read more »

Dividend Stocks

3 Dividend Stocks to Double Up on Right Now

| Jed Lloren

Are you looking for dividend stocks to double up on right now? Here are my three top picks!

Read more »

Dividend Stocks

$30,000 to Freedom: Crafting a Strong Passive-Income Portfolio

| Christopher Liew, CFA

Investors with $30K can use two prominent dividend stocks to craft a strong passive-income portfolio and achieve financial freedom.

Read more »

Dividend Stocks

For a Shot at $2,000 in Annual Passive Income, Buy 332 Shares of This TSX Stock

| Aditya Raghunath

Investing in high dividend blue-chip TSX stocks can help you create an income stream for life.

Read more »

a person looks out a window into a cityscape
Dividend Stocks

Dream Dividends: Achieve 12.25% Returns to Reach Your Income Goals

| Christopher Liew, CFA

A very high-yield dividend stock can help to reach your income goals faster, but your risk tolerance must also be…

Read more »

Dividend Stocks

2 Financial Stocks That Could Go Parabolic

| Andrew Button

Smaller bank stocks like EQB Inc (TSX:EQB) could go parabolic in 2024.

Read more »

oil and natural gas
Dividend Stocks

Passive Income: Here’s Why Enbridge Should Be a No-Brainer Dividend Stock

| Andrew Walker

Enbridge offers a great yield and a shot at decent upside.

Read more »

Dividend Stocks

TFSA Titans: Top 3 Stocks to Maximize Your $7,000 Contributions

| Christopher Liew, CFA

Three blue-chip stocks paying the highest dividends in their respective sectors are top picks to maximize TFSA contributions.

Read more »

Dividend Stocks

4 Things About Riocan REIT Stock Every Smart Investor Knows

| Kay Ng

Over the next few years, RioCan REIT could be a good income and total return investment. It offers a yield…

Read more »

Dividend Stocks

How to Build a Bulletproof Monthly Passive Income Portfolio With Just $5,000

| Christopher Liew, CFA

Investors can build a monthly passive income portfolio and a layer of protection with just $5,000 from two dividend stocks.

Read more »

A worker gives a business presentation.
Dividend Stocks

3 Roaring Stocks to Hold for the Next 20 Years

| Nicholas Dobroruka

There’s no need to wait for a drop in price to buy these three long-term winners.

Read more »

Dividend Stocks

The Top Healthcare Stocks to Buy With $100

| Christopher Liew, CFA

Growth or dividend investors can buy two top healthcare stocks with $100 for capital gains or passive income.

Read more »

Dividend Stocks

Should You Contribute to TFSA or RRSP First?

| Kay Ng

Ideally, you'd want to invest in both your TFSA and RRSP, but when resources are scarce, here's how to prioritize.

Read more »

Dividend Stocks

Fortis Stock: A Reliable (and Rising!) 4.42% Dividend Yield

| Andrew Button

Fortis Inc (TSX:FTS) stock has a rising 4.42% dividend yield. Can it be sustained?

Read more »

top TSX stocks to buy
Dividend Stocks

Buy 1,729 Shares of This Dividend Superstar for $10,300/Year in Passive Income

| Puja Tayal

Investing in stocks is a good way to generate passive income. All you have to do is stay informed about…

Read more »

Dividend Stocks

2 Stocks Offering Special Dividends

| Amy Legate-Wolfe

What is a special dividend? Basically, a company is doing really, really well -- so well, it's going to pay…

Read more »

Dividend Stocks

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

| Christopher Liew, CFA

Two dividend stocks trading under $50 and paying juicy dividends can transform any investment amount into monthly income.

Read more »

Dividend Stocks

Income Investors: These 3 Canadian Dividend Stocks Are Timeless Gems

| Chris MacDonald

Here are three of the top income stocks long-term investors may want to consider on any pullbacks, given their yield…

Read more »

Dividend Stocks

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

| Amy Legate-Wolfe

Finding a great dividend stock doesn't just mean finding a consistent one. You want returns and growth when necessary!

Read more »

Dividend Stocks

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

| Demetris Afxentiou

Want to establish a monthly passive income stream? Here's one stock that offers a juicy yield, strong growth, and buy-and-forget…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Could Canadian Utilities Stock Help You Become a Millionaire? 

| Puja Tayal

Do you want to be a millionaire and don’t know where to invest? Let's see how to choose the right…

Read more »

Dividend Stocks

How to Build a Bulletproof Monthly Passive Income Portfolio in 2024 With Just $20,000

| Rajiv Nanjapla

Given their stable cash flows and healthy dividend yields, these three monthly paying dividend stocks are an excellent buy for…

Read more »

Dividend Stocks

Passive Income: 2 REITs to Play Lower Rates

| Kay Ng

Other than being a landlord, investors can earn passive income from REITs. Here are two that look good today.

Read more »

bulb idea thinking
Dividend Stocks

The Smartest Dividend Stocks to Buy With $400 Right Now

| Joey Frenette

Bank of Nova Scotia (TSX:BNS) and another dividend stock could do well for investors in the new year!

Read more »

Stocks for Beginners

New Investors: How to Build a Worry-Free Dividend Portfolio

| Kay Ng

Start building a dividend portfolio with businesses you know, such as Fortis and TD that trade at good valuations today.

Read more »

Dividend Stocks

Passive Income Seekers: How High Interest Rates Can Work for You

| Amy Legate-Wolfe

Interest rates may remain high, but there is a low risk and medium risk option to take full advantage of…

Read more »

Dividend Stocks

Ready to Invest With $2,000? 3 Stocks for February 2024

| Demetris Afxentiou

Are you ready to invest in some great stocks? Here's a trio of options that can provide decades of growth…

Read more »

Dividend Stocks

2 Stocks to Help Turn $20,000 Into $656 Every Quarter

| Puja Tayal

Do you have $20,000 in investing profits and don’t know which stock to buy? Here’s how you can convert it…

Read more »

Dividend Stocks

Passive Income: How Much Should You Invest to Earn $1,000 Every Month?

| Amy Legate-Wolfe

Dividend stocks are valued for their passive income, but make sure you're considering everything before sinking in your cash!

Read more »

Dividend Stocks

Passive Income: Potentially Double Your Dividend Yield in 5 Years

| Aditya Raghunath

Here's why investing in quality dividend-growth stocks such as goeasy may help you double your yield in the next five…

Read more »