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

1 Under-$5 Dividend Stock to Buy for Monthly Passive Income

| Amy Legate-Wolfe

This monthly dividend stock recently cut its dividend, but now that the worst is over, should investors hop back in…

Read more »

Dividend Stocks

3 Top Consumer Discretionary Stocks to Buy on the TSX Today

| Amy Legate-Wolfe

These three stocks on the TSX today offer future growth and income, with most seeing falls during the last year…

Read more »

Dividend Stocks

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

| Amy Legate-Wolfe

These dividend stocks provide stellar passive income, with returns that are pretty much guaranteed! So hop in before this deal…

Read more »

Two seniors float in a pool.
Dividend Stocks

Pensioners: 2 Cheap Dividend Stocks to Buy Today for TFSA Passive Income

| Puja Tayal

Are you worried your pension might not be sufficient to meet your daily expenses? Boost your TFSA passive income with…

Read more »

Dividend Stocks

3 Best Dividend Stocks to Buy This Holiday Season

| Aditya Raghunath

TSX dividend stocks such as Bank of Montreal are trading at a significant discount to consensus price target estimates.

Read more »

a man celebrates his good fortune with a disco ball and confetti
Dividend Stocks

6 CRA Benefits to Claim Before the New Year!

| Amy Legate-Wolfe

These savings accounts, grants, benefits and credits won't last forever! In fact, they're due Dec. 31 if you want the…

Read more »

Dividend Stocks

Dividend Growers: 3 Canadian Stocks That Raised Payouts in November 2023

| Brian Paradza, CFA

Suncor Energy and two other Canadian dividend stocks raised their payouts in November at rates above expected inflation for 2024.…

Read more »

woman analyze data
Dividend Stocks

Is Fiera Capital Stock a Buy for its Whopping 17.3% Dividend?

| Aditya Raghunath

Down almost 70% from all-time highs, Fiera Capital offers shareholders a dividend yield of 17.3%. Is the TSX dividend stock…

Read more »

calculate and analyze stock
Dividend Stocks

Brookfield Asset Management: Diversified Assets and Diversified Income Streams

| Andrew Button

Brookfield Asset Management (TSX:BAM) has many different income streams, providing a degree of diversification.

Read more »

Dividend Stocks

A Dividend All-Star I’d Buy Over Shopify Stock Any Day

| Jed Lloren

Are you interested in Shopify stock? Here’s one dividend all-star I’d buy before it!

Read more »

think thought consider
Dividend Stocks

Up 14% in 2023, Is BAM Stock Still a Buy Today?

| Amy Legate-Wolfe

BAM (TSX:BAM) stock remains up 14% in the last year, but has been a bit confusing for investors wondering whether…

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

3 Top Infrastructure Stocks I’d Buy for 2024 and Beyond

| Andrew Button

Canadian infrastructure stocks like Enbridge Inc (TSX:ENB) often offer high yields.

Read more »

Dividend Stocks

The Rise of Dividend ETFs in Canada: A New Era of Investment

| Tony Dong, MSc, CETF®

Sick of picking individual dividend stocks? These three ETFs cater to a wide range of dividend investing strategies.

Read more »

Dividend Stocks

How to Earn $250 of Monthly Passive Income That the CRA Won’t Tax

| Robin Brown

Many Canadians don't even know they can earn income TAX-FREE! Here's one way to earn an extra $250/month of safe,…

Read more »

Dividend Stocks

The 3.04% Dividend Stock About to Revolutionize the TSX

| Christopher Liew, CFA

A non-bank lender is about to revolutionize the TSX with its strong earnings and growing dividends.

Read more »

Dividend Stocks

Don’t Miss These Top Dividend Stock Opportunities Today

| Jed Lloren

Are you looking for dividend stocks to add to your portfolio? Here are two opportunities you shouldn’t miss!

Read more »

The sun sets behind a power source
Dividend Stocks

Up 21% in the Last 5 Years, Is Fortis Stock a Buy Today?

| Karen Thomas, MSc, CFA

Can 50 years of consecutive dividend increases and a current dividend yield of 4.22%, make up for Fortis's high debt…

Read more »

Dividend Stocks

This 7 Percent Dividend Stock Pays Cash Every Month

| Demetris Afxentiou

Looking for some stocks that pay cash every month? Here's one investment that is too hard to ignore right now.

Read more »

A meter measures energy use.
Dividend Stocks

Dividend Investors: Top Canadian Utility Stocks for November 2023

| Amy Legate-Wolfe

Utility stocks have been touted as safe investments, but shares have dropped as of late. However, these two are already…

Read more »

Dividend Stocks

3 High-Yielding Dividend Stocks to Earn $175 Monthly

| Rajiv Nanjapla

These three high-yielding monthly-paying dividend stocks could boost your passive income.

Read more »

Dividend Stocks

Should You Buy Slate Grocery Stock for its 11% Dividend Yield?

| Amy Legate-Wolfe

Slate (TSX:SGR.UN) stock has seen shares drop dramatically, raising its dividend immensely. So, does it offer value enough for investors?

Read more »

data analyze research
Dividend Stocks

Down 11% Year to Date, Is BCE Stock a Buy Today?

| Andrew Button

BCE Inc (TSX:BCE) stock has a nearly 7.2% dividend yield. Can investors trust it?

Read more »

Dividend Stocks

Buy 60 Shares in This Top Dividend Stock for $870.40 in Passive Income

| Amy Legate-Wolfe

Just 60 shares could create enough passive income for almost a grand in your bank account within the next year,…

Read more »

Dividend Stocks

Start Making Passive Income Immediately With This 5.7% Dividend Stock

| Chris MacDonald

Here's why this dividend stock, which yields 5.7% at the time of writing, could be among the best options for…

Read more »

Dividend Stocks

Better Buy: Canadian Pacific Railway Stock or Canadian National Railway Stock?

| Amy Legate-Wolfe

CNR (TSX:CNR) stock and CP (TSX:CP) stock have had a crazy few years, but as the dust settles, which is…

Read more »

Dividend Stocks

Monthly vs. Quarterly: The Dynamics of Dividend Payouts in Canada

| Kay Ng

Investors should make investment decisions based on business fundamentals. Whether a stock pays monthly or quarterly should not be a…

Read more »

Dividend Stocks

3 Stocks to Buy as Inflation (Finally) Cools!

| Amy Legate-Wolfe

As inflation cools, the market is bound to go up, which is why now is the time to get in…

Read more »

Dividend Stocks

How to Exploit the TSX’s Current Weakness for Long-Term Gain

| Christopher Liew, CFA

Two outperforming stocks are buying opportunities if you want to exploit the TSX’s weakness for long-term gains.

Read more »

Dividend Stocks

1 Under-$20 Dividend Stock to Buy for Monthly Passive Income

| Kay Ng

RioCan REIT is cheap. It appears to be a good buy for an investment over the next five years for…

Read more »

Dividend Stocks

Earnings Alert! Is WELL Health Stock a Buy After Earnings?

| Adam Othman

Despite impressive performances, this Canadian telehealth stock is still battered. Is it a buy after its latest earnings report?

Read more »

Dividend Stocks

TFSA Investors: 3 TSX Dividend Stocks That Could Rally in 2024

| Aditya Raghunath

Undervalued blue-chip TSX dividend stocks such as Enbridge can help investors derive outsized gains in the next 12 months.

Read more »

Dividend Stocks

2 Canadian Dividend Stocks I’ll Be Buying Hand Over Fist in November 2023

| Puja Tayal

In the last two years, November has brought some negative surprises for the market. Break this trend with two evergreen…

Read more »

Dividend Stocks

3 Mistakes Keeping You From Your First Million in Canada

| Christopher Liew, CFA

You can make your first million in Canada with financial discipline and strategic planning, although some mistakes can derail your…

Read more »

Dividend Stocks

How to Retire Early With These TSX Titans

| Christopher Liew, CFA

Canadians can make their early retirement dreams come true with a good financial plan and help from TSX dividend titans.

Read more »

top TSX stocks to buy
Dividend Stocks

How to Build a Bulletproof Passive-Income Portfolio With Just $25,000

| Aditya Raghunath

Here's why investing in stocks such as Brookfield Infrastructure Partners can help you create a passive-income stream for life.

Read more »

Dividend Stocks

RRSP Investors: 3 Cheap Dividend Stocks That Could Soar in 2024

| Andrew Walker

These top TSX dividend stocks look oversold today.

Read more »

Dividend Stocks

How to Make Money Every Month With Just $10,000 and 2 Dividend Stocks

| Sneha Nahata

Make $60 per month with these just $10,000 and two dividend stocks.

Read more »

dividends grow over time
Dividend Stocks

2 Top Dividend Stocks to Buy and Hold Forever

| Adam Othman

These two Canadian telecom giants are excellent dividend stocks that can warrant a place in your self-directed passive-income portfolio.

Read more »

Dividend Stocks

3 Stocks Under $5 Ready to Break the TSX Mould

| Christopher Liew, CFA

Three growth stocks under $5 could break out and deliver far superior returns than the typical investment choices on the…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Retirees: Buy These 2 Top Dividend Stocks to Boost Your Retirement Income

| Adam Othman

These two top Canadian dividend stocks can be an excellent way to boost your retirement income through reliable payouts.

Read more »