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

diversification is an important part of building a stable portfolio
Dividend Stocks

The Top 3 Canadian Dividend Stocks I Think Belong in Everyone’s Portfolio

| Demetris Afxentiou

Discover three Canadian dividend stocks offering defensive strength, growth, and high-yield income for any investor portfolio.

Read more »

Canadian Red maple leaves seamless wallpaper pattern
Dividend Stocks

Top Canadian Stocks to Generate Passive Income in 2026

| Robin Brown

Do you want to generate some safe passive income in 2026? Here's what Canadian dividend stocks to buy and what…

Read more »

Lights glow in a cityscape at night.
Dividend Stocks

1 Magnificent Canadian Dividend Stock Down 11% to Buy and Hold for Decades

| Aditya Raghunath

Brookfield Infrastructure is a top Canadian dividend stock to own in December 2025, given its growing payout and reasonable valuation…

Read more »

dividend growth for passive income
Dividend Stocks

How to Turn a $20,000 TFSA Into $200,000

| Daniel Da Costa

Here's how any Canadian can take just $20,000 and turn it into $200,000 or more using the compounding power of…

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

Invest $15,000 in This Dividend Stock: Create $78 in Passive Income

| Rajiv Nanjapla

Given its improving financial performances, healthy outlook, and reasonable valuation, Whitecap is an ideal buy to boost your passive income.

Read more »

Young adult concentrates on laptop screen
Dividend Stocks

How Beginners Can Turn a Pocket-Sized TFSA Into Serious Wealth

| Brian Paradza, CFA

Turn a pocket-sized TFSA into wealth: Investing in the XEI ETF for 4.3% monthly dividends and instant diversification could turn…

Read more »

stocks climbing green bull market
Dividend Stocks

Buy Canadian: TSX Stocks Positioned to Beat Global Markets Next Year

| Andrew Button

Brookfield Corp (TSX:BN) is looking good heading into 2026.

Read more »

hand stacking money coins
Dividend Stocks

3.4% Dividend Yield: I’m Buying This TSX Stock and Holding Forever!

| Kay Ng

Brookfield Asset Management is a buy on weakness for income, dividend growth, and long-term total returns.

Read more »

dividends grow over time
Dividend Stocks

This 2.7% Dividend Stock Pays Cash Every Single Month

| Aditya Raghunath

Savaria is a TSX dividend stock that offers you a monthly payout while trading at a cheap earnings multiple in…

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Dividend Stocks

Transform Your TFSA Into a Cash-Creating Machine With $15,000

| Aditya Raghunath

TSX tech stocks such as Enghouse and Telus offer you a growing yield making them top investments for TFSA owners…

Read more »

dividends grow over time
Dividend Stocks

1 Magnificent Canadian Dividend Stock Down 12.6% to Buy and Hold for Decades

| Andrew Button

Alimentation Couche-Tard Inc (TSX:ATD) stock is a good long-term hold.

Read more »

Senior uses a laptop computer
Dividend Stocks

How to Use Your TFSA to Earn $333 Per Month in Tax-Free Income

| Amy Legate-Wolfe

Turn your TFSA into tax-free monthly income. Exchange Income’s reliable dividend and acquisition-driven growth make it a compelling core holding.

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

3 Canadian Stocks to Consider Adding to Your TFSA in 2026

| Daniel Da Costa

These three picks offer a mix of value and growth, which is why they're some of the top Canadian stocks…

Read more »

iceberg hides hidden danger below surface
Dividend Stocks

3 Blue-Chip Dividend Stocks Every Canadian Should Own

| Chris MacDonald

Here are three top Canadian dividend stocks long-term investors would be remiss to ignore during this part of the market…

Read more »

Two seniors walk in the forest
Dividend Stocks

Invest $7,000 in This Dividend Stock for $388 in Annual Passive Income

| Andrew Button

Enbridge Inc (TSX:ENB) stock can supply considerable dividend income.

Read more »

dividends can compound over time
Dividend Stocks

Which Dividend Stocks in Canada Could Survive More Rate Cuts

| Amy Legate-Wolfe

Two TSX dividends built for rate cuts offer essential services, steady cash flow, and payouts that can endure as borrowing…

Read more »

how to save money
Dividend Stocks

2 Canadian Dividend Giants That Belong in Any Portfolio

| Amy Legate-Wolfe

Two TSX dividend giants, TransAlta and BMO, offer resilient income and diversification that can anchor a portfolio through market ups…

Read more »

A plant grows from coins.
Dividend Stocks

2 Dividend Stocks I’d Happily Buy and Hold for Life

| Demetris Afxentiou

There are plenty of great dividend stocks to buy on the market. Here’s a look at two great picks I…

Read more »

man touches brain to show a good idea
Dividend Stocks

2 Dividend Stocks I’d Buy Over Enbridge

| Joey Frenette

Leon's Furniture (TSX:LNF) stock and another dividend payer have better value than Enbridge (TSX:ENB) right now.

Read more »

woman looks out at horizon
Dividend Stocks

TFSA Gold: 2 Dividend Stocks to Lock in Now for Decades of Passive Income

| Jitendra Parashar

These two dividend-paying giants could bring stability, growth, and decades of dependable income inside your TFSA.

Read more »

senior man and woman stretch their legs on yoga mats outside
Dividend Stocks

This 2.5% Dividend Stock Is Practically Free Monthly Money

| Amy Legate-Wolfe

Want monthly income you can plan around? Extendicare’s government-backed senior-care business helps make its dividend feel reliably consistent, even if…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

TFSA: A Beginner’s Guide to Creating a Passive Income Portfolio

| Andrew Walker

This strategy can reduce risk while providing a higher yield.

Read more »

social media scrolling on phone networking
Dividend Stocks

Is Telus Stock a Buy Today for Its 9.2% Dividend Yield?

| Sneha Nahata

Telus has consistently paid and increased its dividend through its multi-year dividend growth program. It offers a high yield of…

Read more »

four people hold happy emoji masks
Dividend Stocks

TFSA Income: 2 Premier Canadian Dividend Stocks to Buy Right Now With $10,000

| Andrew Walker

These stocks have increased dividends annually for decades.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

3 Top Canadian Stocks to Enhance Your TFSA

| Kay Ng

Higher risk could lead to higher rewards. Here are three top Canadian stocks that could potentially enhance your TFSA.

Read more »

dividend stocks are a good way to earn passive income
Dividend Stocks

Invest $20,000 in 2 TSX Stocks for $839 In Passive Income

| Sneha Nahata

These TSX stocks maintain sustainable payout ratios, indicating they have the potential to generate worry-free passive income for years.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Transform Your TFSA Into a Cash-Creating Machine With $15,000

| Chris MacDonald

Here are two top-tier dividend stock options for investors looking to turn their portfolio into a cash-generating machine in 2026.

Read more »

dividends can compound over time
Dividend Stocks

2 Magnificent Canadian Stocks to Own for the Long Haul

| Jitendra Parashar

These two Canadian heavyweights continue to deliver growth, dividends, and stability, making them stocks for investors focused on lasting returns.

Read more »

A plant grows from coins.
Dividend Stocks

2 TSX Giants to Buy for Years of Growth and Dividends

| Andrew Walker

These great Canadian dividend stocks have increased their distributions annually for decades.

Read more »

voice-recognition-talking-to-a-smartphone
Dividend Stocks

Better Dividend Stock for 2026: BCE or Telus? 

| Puja Tayal

Considering BCE for your investments? Learn about its dividend cuts, high debt, and growth prospects before making a decision.

Read more »

container trucks and cargo planes are part of global logistics system
Dividend Stocks

Want Monthly Income for Decades? These 2 Stocks Deliver Growth, Too

| Jitendra Parashar

If you want consistent monthly income without giving up on growth, these two picks deserve a spot in your portfolio.

Read more »

Investor reading the newspaper
Dividend Stocks

Prediction: 10 Years From Now You’ll Be Glad You Bought These Magnificent TSX Dividend Stocks

| Andrew Button

Fortis Inc (TSX:FTS) is a dividend stock worth owning.

Read more »

some REITs give investors exposure to commercial real estate
Dividend Stocks

1 No-Brainer Canadian Stock to Buy and Hold Forever

| Amy Legate-Wolfe

A little-known northern grocer could be a classic buy-and-hold stock. It offers steady cash, a real moat, and a dependable…

Read more »

dividend stocks are a good way to earn passive income
Dividend Stocks

Crush the TSX With This Income-Generating Dividend Stock

| Andrew Button

Fortis (TSX:FTS) stock is like an overflowing river of dividend income.

Read more »

you're never too young or old to start investing in stocks
Dividend Stocks

2 Dead-Simple Canadian Stocks to Buy With $500 Right Now

| Amy Legate-Wolfe

Turn $500 into momentum: two accessible TSX picks can start compounding today with recurring software growth and reliable monthly income.

Read more »

Thrilled women riding roller coaster at amusement park, enjoying fun outdoor activity.
Dividend Stocks

3 High-Yield Dividend Stocks That Are Screaming Buys Right Now

| Sneha Nahata

These Canadian stocks offer high and sustainable yields, making them attractive investments for enhancing a portfolio’s income potential.

Read more »

construction workers talk on the job site
Dividend Stocks

2 Safer Canadian Stocks to Buy Now With $7,000

| Amy Legate-Wolfe

Two ultra-steady TSX names offer boring-but-beautiful dividends and resilient cash flow you can hold for decades.

Read more »

monthly calendar with clock
Dividend Stocks

This 6.6% Dividend Stock Pays Me Every Month Like Clockwork

| Amy Legate-Wolfe

A recovering healthcare REIT with a monthly payout, NorthWest’s improving fundamentals may suit income investors heading into 2026.

Read more »

gift is bigger than the other
Dividend Stocks

Better Energy Stock: Canadian Natural Resources vs. Suncor

| Aditya Raghunath

While both Canadian Natural Resources and Suncor Energy offer an attractive dividend yield in 2025, which TSX stock is a…

Read more »

data analyze research
Dividend Stocks

Down 5% But Still a Perfect Buy for Long-Term Passive Income

| Amy Legate-Wolfe

A rebounding 5.7% monthly yielder, why Mullen Group looks buyable as operations diversify and acquisitions kick in.

Read more »