Motley Fool Premium
  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:

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

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 After its Q4 Earnings Event?

| Jitendra Parashar

Here’s why Hydro One stock could be a great investment option for consecutive investors in February 2024.

Read more »

data analyze research
Dividend Stocks

3 Boring Stocks Hitting All-Time Highs (and Why They’re Still a Steal!)

| Amy Legate-Wolfe

These three boring stocks may have hit all-time highs, but I would still consider picking them up for future value…

Read more »

Dividend Stocks

1 Dreamy Dividend Stock up 11% Just Increased its Dividend by 12%!

| Amy Legate-Wolfe

This dividend stock is a top option for investors looking for growth -- not just in share price but also…

Read more »

Dividend Stocks

goeasy Stock: Earnings Support Dividend Hike of 22%

| Kay Ng

goeasy reported its earnings on Tuesday, and the stock reported positively. Long-term investors can buy some here and add over…

Read more »

Dividend Stocks

Should You Buy the 3 Highest-Paying Dividend Stocks in the Dow Jones?

| Andrew Button

Dow Jones stocks have higher than average yields, but Canadian telcos like BCE Inc (TSX:BCE) have even higher yields than…

Read more »

Dividend Stocks

Manulife Stock Jumps on Strong Global Performance

| Amy Legate-Wolfe

MFC (TSX:MFC) stock reported strong earnings, growth in Asia, and even more to come. But it's the dividend increase that…

Read more »

Dividend Stocks

3 No-Brainer Stocks to Buy Before a Bull Run

| Chris MacDonald

If you want to run with the bulls in the next market upturn, here are three dividend-paying stocks to consider.

Read more »

Dividend Stocks

Could BCE Stock Help You Become a Millionaire?

| Demetris Afxentiou

There are plenty of stocks on the market right now that can, with reinvestments and patience, help you become a…

Read more »

Dividend Stocks

This is the 8th Wonder of the World, According to Albert Einstein: Utilizing it Correctly Can Help Make Saving for Retirement an Absolute Breeze

| Puja Tayal

Those who understand compound interest know its power. It can convert $30,000 into $6,000 in annual retirement income.

Read more »

Dividend Stocks

5 Reasons to Claim CPP Benefits at Age 65

| Puja Tayal

Your decisions set the course for your retirement. Let’s discuss if claiming CPP benefit at 65 is a good decision.

Read more »

Dividend Stocks

If You’d Invested $1,000 in goeasy Stock 5 Years Ago, This Is How Much You’d Have Now

| Daniel Da Costa

After growing investors' capital at a CAGR of more than 35% over the last five years, is goeasy stock still…

Read more »

Dividend Stocks

Got $500? 5 Dividend Stocks to Buy and Hold Forever

| Sneha Nahata

Earn reliable passive income in all market conditions with these dividend stocks.

Read more »

data analyze research
Dividend Stocks

Alaris Equity Partners Income Trust: Is its 8.24% Dividend Yield Safe?

| Karen Thomas, MSc, CFA

Alaris Equity Partners has a history of strong dividend income generation for its shareholders. It's also trading 21% below book…

Read more »

Dividend Stocks

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

| Amy Legate-Wolfe

Goeasy stock (TSX:GSY) has seen solid growth of 21% in the last year, making it a top dividend stock for…

Read more »

Dividend Stocks

5 Unstoppable Retirement Savings Hacks That Could Make You Rich

| Andrew Button

Canadians holding Bank of Nova Scotia (TSX:BNS) stock may receive high dividends.

Read more »

Dividend Stocks

Should You Buy Automotive Properties REIT for its 7.7% Dividend Yield?

| Aditya Raghunath

Shares of Automotive Properties are down almost 20% from all-time highs, increasing its dividend yield to 7.7%.

Read more »

Dividend Stocks

Are You Missing Out on This Stock’s Monster Dividend Raise?

| Puja Tayal

Many dividend stocks raised their dividends this year, but this one stock increased it by a whopping 7.1%. Don’t miss…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

TFSA Investors: Where to Invest $7,000 in 2024

| Puja Tayal

The $7,000 TFSA limit in a bear market is a once-in-a-decade opportunity to invest in good dividend aristocrats at a…

Read more »

analyze data
Dividend Stocks

Is It Too Late to Buy Enbridge Stock?

| Rajiv Nanjapla

Enbridge's solid underlying business, expanding renewable assets, and high dividend yield make it an enticing buy.

Read more »

oil and natural gas
Dividend Stocks

Is Enbridge the Best Dividend Stock for You?

| Demetris Afxentiou

Enbridge (TSX:ENB) is often regarded as a great long-term investment. It may also be the best dividend stock to buy…

Read more »

A meter measures energy use.
Dividend Stocks

Utilities Stocks Gain Ground on TSX Today, and I’m Buying This Stock Right Away!

| Amy Legate-Wolfe

Utility stocks have been in the green across the board in the last while, but among them all, I would…

Read more »

Dividend Stocks

Retirees: 3 Hacks to Make $379 Per Month in Retirement

| Puja Tayal

Retirement doesn’t have to be scary. You can still maintain your lifestyle with a few hacks that could give you…

Read more »

protect, safe, trust
Dividend Stocks

2 Defensive Stocks for Low-Risk Investors in February 2024

| Adam Othman

Protect your investment capital from market volatility by injecting stability through these low-risk TSX stocks in your self-directed investment portfolio.

Read more »

sale discount best price
Dividend Stocks

3 Cheap Canadian Stocks That Offer Over 7% Dividend Yields

| Rajiv Nanjapla

Given their attractive valuations and high yields, these three Canadian stocks are excellent buys in this volatile environment.

Read more »

grow money, wealth build
Dividend Stocks

1 Growth Stock Down 10% to Buy Right Now

| Adam Othman

Heavily discounted growth stocks are relatively rare, so instead of looking for them, consider investing in mildly discounted growth stocks…

Read more »

Dividend Stocks

3 Incredibly Cheap Dividend Stocks to Buy Now

| Sneha Nahata

These Canadian dividend stocks are trading incredibly cheap and offer compelling yields near the current market price.

Read more »

Dividend Stocks

Down 18% From Record Highs, Is Calian Group Stock a Buy Right Now?

| Aditya Raghunath

Calian Group is an undervalued TSX stock trading at a discount of 30% to consensus price target estimates in 2024.

Read more »

dividends grow over time
Dividend Stocks

The Best Stocks to Buy With $1,000 Right Now

| Amy Legate-Wolfe

These three are the best stocks to consider after solid earnings but still offer huge value on the TSX today.…

Read more »

Dividend Stocks

Retirees: Is Your CPP Enough to Live On?

| Andrew Button

Dividend stocks like Toronto-Dominion Bank (TSX:TD) held in an RRSP can supplement your CPP benefits.

Read more »

Dividend Stocks

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

| Brian Paradza, CFA

BCE's 7.8% dividend yield for 2024 is attractive. However, the payout is increasingly unsustainable, and the stock could slide further.

Read more »

Dividend Stocks

Here’s the Average CPP Benefit at Age 60 in 2024

| Aditya Raghunath

The average payment of the Canada Pension Plan for a 60-year-old pensioner is $485, which is not enough to lead…

Read more »

The sun sets behind a power source
Dividend Stocks

Fortis Stock: Buy, Sell, or Hold Today?

| Andrew Walker

Fortis is down 15% from the 12-month high. Time to buy?

Read more »

Dividend Stocks

TFSA Couples: Earn $5,650 in Tax-Free Income This Year

| Aditya Raghunath

Here's how investing in high-yield TSX dividend stocks can help you earn a tax-free stream of passive income for life.

Read more »

Dividend Stocks

5 Canadian Stocks Set to Soar in 2024

| Christopher Liew, CFA

Five Canadian stocks with long growth runways could soar higher in 2024, with or without interest rate cuts.

Read more »

Dividend Stocks

Billionaires Are Buying These Big Dividends

| Andrew Button

Billionaire investors can't get enough of Brookfield Asset Management (TSX:BAM) stock.

Read more »

Dividend Stocks

3 Safe Dividend Stocks to Secure Your Next Decade

| Christopher Liew, CFA

Three dividend stocks are ideal long-term holdings if you want financial stability in the future.

Read more »

Dividend Stocks

Monthly Cash Kings: 3 Canadian Stocks That Pay Back 12 Times a Year

| Christopher Liew, CFA

Three high-yield Canadian stocks are excellent options for income-oriented investors looking for monthly dividends.

Read more »

Dividend Stocks

2 Hands-Off ETFs Outperforming the TSX Today

| Amy Legate-Wolfe

If you want market-beating returns on the TSX today, consider these market-beating ETFs that offer a portfolio in one click.

Read more »

A worker gives a business presentation.
Dividend Stocks

2 Stocks to Buy in 2024 and Hold for the Next 10 Years

| Andrew Walker

These top dividend-growth stocks now offer yields near 8%.

Read more »

Dividend Stocks

Need a Last-Minute Valentine’s Day Gift? This Dividend Stock Will Make You Fall in Love

| Amy Legate-Wolfe

This dividend stock could be the perfect gift that literally keeps on giving this Valentine's Day.

Read more »