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

Should You Buy Sienna Stock for its 8.3% Dividend Yield?

| Amy Legate-Wolfe

Sienna (TSX:SIA) stock may have a huge dividend that pays out each month, but is it worth it for today's…

Read more »

dividends grow over time
Dividend Stocks

The Top Stocks to Buy With $500 Right Now

| Kay Ng

If you have money you don't need for the next three to five years, you can put a portion in…

Read more »

Dividend Stocks

Retired Couples: How to Use Your TFSA to Earn $10,450 Per Year in Tax-Fee Passive Income

| Andrew Walker

Retirees can take advantage of this TFSA strategy to reduce risk and generate attractive returns.

Read more »

Dividend Stocks

This 7.5% Dividend Stock Pays Cash Every Month

| Brian Paradza, CFA

SmartCentres REIT’s 7.5% yield could make it a smart investment for passive income in 2024.

Read more »

Dividend Stocks

TFSA Passive Income: 2 Great Canadian Dividend Stocks With High Yields

| Andrew Walker

These top TSX dividend stocks still look oversold and offer high yields.

Read more »

Dividend Stocks

Start Making Passive Income Immediately With This 5% Dividend Stock

| Daniel Da Costa

With interest rates starting to peak, now looks like the ideal time for passive income seekers to add a top…

Read more »

money while you sleep
Dividend Stocks

Earning While You Sleep: The Power of Dividend Investing in Canada

| Jed Lloren

Are you interested in earning while you sleep? Here’s how you can do that with dividends!

Read more »

Dividend Stocks

Pensioners: 3 Cheap TSX Dividend Stocks to Buy Today for TFSA Passive Income

| Jed Lloren

Are you looking for TSX dividend stocks to help boost your income in retirement? Pensioners, here are three stocks under…

Read more »

Dividend Stocks

Passive Income: How to Average $200 Per Month Tax-Free

| Andrew Walker

This strategy can put some extra cash in your pocket in 2024.

Read more »

Dividend Stocks

Married? If So, You Urgently Need to Know These CRA Tax Breaks

| Andrew Button

With pension income splitting, you can split the dividends received from Canadian National Railway (TSX:CNR) with your spouse.

Read more »

Dividend Stocks

BMO Stock: Buy, Sell, or Hold?

| Demetris Afxentiou

Canada's big banks are great long-term options. But when it comes to Bank of Montreal (TSX:BMO) should you buy, sell,…

Read more »

Dividend Stocks

How to Use a TFSA to Earn $2,200 and Pay None to the CRA

| Andrew Walker

This strategy reduces portfolio risk and can deliver attractive returns.

Read more »

Dividend Stocks

Should You Buy BCE for its 7.5% Dividend?

| Kay Ng

Don't expect much growth from BCE stock, but in a higher interest rate environment, its dividend yield is higher.

Read more »

Dividend Stocks

This 10% Dividend Stock Pays Cash Every Month!

| Amy Legate-Wolfe

If you're looking for high monthly passive income, this dividend stock has it in spades! And returns should come right…

Read more »

Dividend Stocks

Buy 236 Shares of This Super Dividend Stock for $1,000/Year in Passive Income

| Jed Lloren

Are you interested in earning $1,000 per year in passive income? Invest in this super dividend stock!

Read more »

Dividend Stocks

TFSA Investors: How to Earn $350/Month in Passive Income

| Robin Brown

Pembina Pipeline is great for passive income.

Read more »

four people hold happy emoji masks
Dividend Stocks

Better Buy for Dividends: Enbridge Stock or TC Energy?

| Aditya Raghunath

Enbridge and TC Energy are two TSX dividend giants that offer an enticing yield to shareholders in 2023.

Read more »

Dividend Stocks

How to Create $1,340 in Passive Income in 2024

| Amy Legate-Wolfe

Want some extra cash to get you through 2024? Start planning now and you could make immense income for the…

Read more »

Plant growing through of trunk of tree stump
Dividend Stocks

Rising From the Ashes: Canadian Stocks Bouncing Back Stronger

| Amy Legate-Wolfe

These Canadian stocks offer unreal growth from their climbs during 2023, but even more is likely on the way during…

Read more »

Dividend Stocks

Up 49% in Two Months, Is Cargojet Stock a Buy Today?

| Amy Legate-Wolfe

Cargojet (TSX:CJT) stock saw shares rise 49% in the last two months but remains down by 49% since all-time highs.…

Read more »

Dividend Stocks

Why Many Canadians Prefer Dividend Investing Over Growth Strategies

| Jed Lloren

Are you curious about why many Canadians prefer dividend investing over growth? Here’s why!

Read more »

Dividend Stocks

Should Enbridge Stock Be on Your 2024 Buy List?

| Andrew Walker

Enbridge stock is off the lows of the year. Are more gains on the way?

Read more »

Dividend Stocks

Income Stocks: A Once-in-a-Decade Chance to Get Rich

| Amy Legate-Wolfe

If you're hoping to make some serious cash in 2024 and beyond, now is the time to invest in long-term…

Read more »

Dividend Stocks

TFSA: How to Invest for $250 Monthly in Retirement

| Demetris Afxentiou

Looking to invest for $250 in monthly income? Here are two great long-term picks that can provide a juicy income…

Read more »

Dividend Stocks

This 7.5% Dividend Stock Pays Cash Every Month

| Sneha Nahata

This monthly dividend stock can help you earn $750 /year in passive income.

Read more »

Dividend Stocks

Dividend Investors: Top Canadian Utility Stocks for Year-End and Into 2024

| Kay Ng

Canadian investors should highly consider top Canadian utility stocks on pullbacks for income and long-term wealth creation.

Read more »

Dividend Stocks

3 Cheap TSX Stocks I’d Buy Before the Market Heats Up

| Amy Legate-Wolfe

These cheap stocks offer huge returns in the near future, making them the perfect gift to yourself ahead of 2024.

Read more »

Dividend Stocks

Up by 50%: Is goeasy Stock a Good Buy Today?

| Adam Othman

Investing in goeasy stock can deliver substantial long-term wealth growth, despite delivering significant growth in 2023.

Read more »

Dividend Stocks

Invest $500 Each Month to Create $1,960.50 in Passive Income in 2024

| Amy Legate-Wolfe

If you manage to find a strong stock that can create long-term passive income, grab it and reinvest for huge…

Read more »

Dividend Stocks

3 Canadian Dividend Stocks I’ll Be Buying Hand Over Fist in December 2023

| Jed Lloren

Are you looking for Canadian dividend stocks to buy before the end of the year? Here are three I’ll be…

Read more »

calculate and analyze stock
Dividend Stocks

How Much to Invest to Get $500 in Dividends Each Month

| Aditya Raghunath

Investing in blue-chip dividend stocks can help you earn a steady stream of recurring income for life.

Read more »

Dividend Stocks

Better Restaurant Buy: MCD Stock or QSR?

| Aditya Raghunath

Restaurant stocks such as McDonald's are enticing investments given expansion plans and a widening earnings base.

Read more »

Dividend Stocks

The Allure of Passive Income: Exploring Canada’s Top Dividend Stocks

| Daniel Da Costa

Finding top dividend stocks for your portfolio is essential due to the passive income they generate and their potential for…

Read more »

Dividend Stocks

How to Earn an $1,800 Annual Income on an $1,800 Investment

| Puja Tayal

Are you looking for passive income? Consider investing the amount you want to earn for 12 years in dividend stocks…

Read more »

Dividend Stocks

2 Cheap TSX Dividend Stocks to Buy for 2024

| Aditya Raghunath

Value-seeking income investors can consider buying shares of cheap dividend stocks such as Magna International right now.

Read more »

Dividend Stocks

1 Top TSX Stock to Own to Play it Safe in 2024

| Adam Othman

Inject more stability into your well-balanced, self-directed investment portfolio by investing in this Canadian Dividend Aristocrat.

Read more »

Dividend Stocks

TFSA Blunders: The Costly Mistake You’re Probably Making

| Christopher Liew, CFA

TFSA users can achieve their financial goals only if they hold investment products that deliver a high rate of return.

Read more »

Dividend Stocks

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

| Amy Legate-Wolfe

If you really want to make $1,000 each month, but fearful about the future of the market, here is the…

Read more »

Dividend Stocks

Power Couple Finance: Earning $15,000 Tax-Free Together

| Christopher Liew, CFA

Couples or spouses can’t own a TFSA jointly but individual partners with an account and working together has stronger earning…

Read more »

A plant grows from coins.
Dividend Stocks

Compounding Interest With Dividends: Top Stocks for Savvy Canadian Investors

| Kay Ng

Take advantage of compound interest by buying these top dividend stocks now and holding them for a long time.

Read more »