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

Colored pins on calendar showing a month
Dividend Stocks

3 Canadian Stocks With Impressively High Yields That Pay Out Monthly

| Sneha Nahata

These high yield dividend stocks have solid fundamentals, monthly payouts, and the ability to sustain their distributions in the long…

Read more »

Child measures his height on wall. He is growing taller.
Dividend Stocks

The Canadian Stock I’d Pass Down to My Grandchildren

| Amy Legate-Wolfe

Fairfax Financial is a rare Canadian legacy compounder that pairs disciplined underwriting with patient investing, built to compound wealth across…

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

Blue Chips and High Yields? Yes, Please

| Rajiv Nanjapla

These three blue-chip companies with high yields offer attractive buying opportunities.

Read more »

a person watches stock market trades
Dividend Stocks

Dividend Strategy: How Many EIT.UN Shares Equal $2,000 in Yearly Income?

| Tony Dong, MSc, CETF®

This unique TSX income fund pays $0.10 per share every month like clockwork.

Read more »

Yellow caution tape attached to traffic cone
Dividend Stocks

4 CRA Traps That Could Reduce Your CPP Payments

| Aditya Raghunath

Canadian retirees can supplement their pension benefits such as the CPP with consistent dividend income for life.

Read more »

dividend growth for passive income
Dividend Stocks

This Industrial REIT Could Be Canada’s Hidden Growth Star

| Amy Legate-Wolfe

Dream Industrial REIT is a quietly growing industrial landlord with high occupancy, global expansion, and a cheap valuation that could…

Read more »

A red umbrella stands higher than a crowd of black umbrellas.
Dividend Stocks

That 12% Yield Looks Risky: Here’s the Dividend Play I Prefer

| Amy Legate-Wolfe

High yields can be a warning, not a bargain. This explains why conservative dividend stocks like iA Financial often beat…

Read more »

c
Dividend Stocks

If You’d Invested $10,000 in Waste Connections Stock 10 Years Ago, Here’s How Much You’d Have Now

| Brian Paradza, CFA

A $10k bet on this "boring" trash stock a decade ago would be worth over $64k today. Discover how Waste…

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

Why This Canadian Dividend Stock Could Be a Perfect TFSA Pick

| Andrew Walker

This top TSX dividend stock has increased the distribution annually for decades.

Read more »

A meter measures energy use.
Dividend Stocks

Why Fortis Could Be the Best Stock Canadians Never Talk About

| Amy Legate-Wolfe

Fortis quietly compounds wealth with regulated utilities, steady cash flow, and dependable dividend growth, an overlooked core pick for long-term…

Read more »

Investor reading the newspaper
Dividend Stocks

Proactive Investing: TSX Stocks That Positions You for the Future

| Christopher Liew, CFA

Two large-cap Canadian stocks are ideal holdings for a future-focused investing strategy.

Read more »

Concept of rent, search, purchase real estate, REIT
Dividend Stocks

This 7% Dividend Giant Could Be the Ultimate Retirement Ally

| Amy Legate-Wolfe

SmartCentres REIT offers a near-7% yield and land-development upside, but its high payout ratio and slow dividend growth raise sustainability…

Read more »

A worker gives a business presentation.
Dividend Stocks

These Canadian Dividend Stocks Could Outpace Inflation

| Tony Dong, MSc, CETF®

If beating inflation is your goal, prioritize dividend growth stocks,

Read more »

Child measures his height on wall. He is growing taller.
Dividend Stocks

3 Canadian Blue Chips So Reliable I’d Recommend Them to Anyone

| Amy Legate-Wolfe

Forget speculation. These Canadian blue chip stocks offer steady dividends, predictable growth, and core stability investors can build wealth on.

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

TSX Nears 30,000: An Impending Milestone

| Christopher Liew, CFA

Market observers had anticipated the TSX to hit the 30,000 milestone, given its resilience and strong rally in 2025.

Read more »

woman checks off all the boxes
Dividend Stocks

5 Reasons to Buy and Hold This Canadian Stock Forever

| Daniel Da Costa

Here's why this top Canadian dividend stock is one of the best investments to buy now and hold for years.

Read more »

four people hold happy emoji masks
Dividend Stocks

3 Rock-Solid Dividend Stocks I’d Happily Own Through at Least 2035

| Sneha Nahata

These dividend stocks have solid fundamentals and many of them are large-cap firms with resilient business models.

Read more »

real estate and REITs can be good investments for Canadians
Dividend Stocks

This Canadian REIT Could Be the Safest Income Play on the TSX

| Aditya Raghunath

Here's why income-seeking investors should consider gaining exposure to Granite REIT in October 2025.

Read more »

Aerial view of a wind farm
Dividend Stocks

Why This Canadian Utility Stock Could Help You Sleep at Night

| Demetris Afxentiou

Investing in a Canadian utility stock offers several advantages including reliable dividends, steady growth, and a defence against volatility.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How I’d Create $146 in Monthly Income With a $25,000 TFSA Investment

| Sneha Nahata

These dividend stocks can help create a monthly income stream. They also offer high and sustainable yields.

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

How I’d Invest $50,000 in Canadian Dividend Stocks

| Tony Dong, MSc, CETF®

These two top ETFs neatly capture both the yield and growth aspects of dividend investing,

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

How I’d Build a Monthly Income Generating Portfolio From $20,000

| Tony Dong, MSc, CETF®

Both of these TSX-listed ETFs pay monthly income.

Read more »

resting in a hammock with eyes closed
Dividend Stocks

The Sleep-Easy Stock That Belongs in Every TFSA

| Jitendra Parashar

Here’s why this stable TSX stock deserves a permanent spot in your TFSA.

Read more »

Forklift in a warehouse
Dividend Stocks

This Canadian REIT Could Be the Best Kept Secret on Bay Street

| Brian Paradza, CFA

This little-known Canadian REIT yields 7.3% monthly. With rents poised to soar 31%, its secret status won't last long. A…

Read more »

up arrow on wooden blocks
Dividend Stocks

Still Hiking its Dividend: 1 Canadian Stock I’d Grab Right Now

| Amy Legate-Wolfe

Insurance firms like Manulife can turn upfront premiums into steady, rising dividends, and MFC looks like one of the stronger…

Read more »

A worker wears a hard hat outside a mining operation.
Top TSX Stocks

1 Soaring TSX Stock to Buy and Hold Right Now

| Karen Thomas, MSc, CFA

This stock has rallied 71% in the last year, as the company continues to post strong top- and bottom-line results.

Read more »

ways to boost income
Dividend Stocks

Don’t Fall for BCE’s Dividend: Buy This Safer Yield Instead

| Tony Dong, MSc, CETF®

This Vanguard high-yield dividend ETF pays monthly and is a better bet than BCE.

Read more »

man shops in a drugstore
Dividend Stocks

This Retail REIT Could Be a Quiet Growth Engine

| Puja Tayal

Gain insights into the cyclical nature of REITs and their performance in relation to the evolving Canadian real estate market.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Smart Picks for Retirees: 2 Stocks for an Income Boost and Stability

| Christopher Liew, CFA

Two monthly dividend payers are smart picks for retirees needing reliable, additional income.

Read more »

the word REIT is an acronym for real estate investment trust
Dividend Stocks

This Canadian REIT Could Be the Perfect Retirement Foundation

| Amy Legate-Wolfe

Granite REIT is a quietly dependable TSX pick for retirement income, offering steady monthly distributions, conservative finances, and strong industrial…

Read more »

rail train
Dividend Stocks

The Canadian Stock That Could Be the Quiet Winner of the Decade

| Amy Legate-Wolfe

Canadian National Railway quietly compounds wealth with durable, hard-to-replicate rail assets, steady dividends, and efficiency gains, ideal for patient, low-drama…

Read more »

Hand Protecting Senior Couple
Dividend Stocks

The Dividend Stock That Could Pay Passive Income Long After You Retire

| Aditya Raghunath

Enghouse is a TSX dividend stock that trades at a compelling valuation while offering a tasty dividend yield to shareholders.

Read more »

Investor reading the newspaper
Dividend Stocks

2 TSX Dividend Stocks I Like More Than Enbridge Today

| Aditya Raghunath

Investing in TSX dividend stocks such as goeasy and CP should help you deliver outsized returns over time.

Read more »

Start line on the highway
Dividend Stocks

2 Canadian Growth Stocks That Could Anchor Your Portfolio for Decades

| Amy Legate-Wolfe

Skip the trendy picks and find Canadian companies like Waste Connections and Dollarama that quietly compound growth, weather recessions, and…

Read more »

hand stacking money coins
Dividend Stocks

The Dividend Stock I’d Trust to Pay Me for the Next 30 Years

| Amy Legate-Wolfe

Do you want a dividend stock that still pays in 30 years? Focus on durable cash flow, conservative payout ratios,…

Read more »

woman looks at iPhone
Dividend Stocks

This 6% Dividend Stock Is My Retirement Safety Net

| Amy Legate-Wolfe

Pizza Pizza Royalty pays a tasty monthly yield, but a very high payout ratio means retirees should be cautious before…

Read more »

dividends grow over time
Dividend Stocks

3 Canadian Stocks That Could Turn a Small Investment Into Big Wealth

| Amy Legate-Wolfe

Small investments can grow huge, so here are three Canadian stocks with real compounding potential.

Read more »

alcohol
Dividend Stocks

The Only 2 Canadian Dividend Stocks You Need to Retire Rich

| Amy Legate-Wolfe

Want reliable retirement income that still grows? Consider combining growth plays like goeasy (GSY) with steady banks like CIBC (CM).

Read more »

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

2 Canadian Dividend Stocks Built to Pay You for the Next 20 Years

| Sneha Nahata

These Canadian companies have been rewarding shareholders through regular dividend payments and steady growth.

Read more »

Two seniors walk in the forest
Dividend Stocks

3 High-Yield Dividend Stocks Paying Retirees at Least 5%

| Demetris Afxentiou

Looking for high-yield divided stocks paying retirees a steady income? Here are three options with lots to offer investors.

Read more »