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

analyze data
Dividend Stocks

3 Stocks to Buy Today and Hold for the Next 5 Years

| Andrew Walker

These top TSX dividend stocks now offer high yields.

Read more »

Dividend Stocks

Should You Buy TELUS for Its 6%+ Yield?

| Robin Brown

TELUS is yielding a 6% dividend, the highest it has been in 10 years. Is it a bargain or a…

Read more »

Dividend Stocks

Buy 282 Shares of This Super Dividend Stock for $1,000/Year in Passive Income

| Kay Ng

Enbridge stock offers a high yield of about 7.8%. Here's what investors should know before buying it for passive income.

Read more »

Dividend Stocks

TFSA Wealth: How to Turn $10,000 Into $140,000 for Retirement

| Andrew Walker

This retirement investing strategy has helped make some patient investors quite rich.

Read more »

four people hold happy emoji masks
Dividend Stocks

TFSA Investors: 2 Dividend Stocks to Buy and Hold for the Next 2 Decades

| Adam Othman

Add these two potentially oversold dividend stocks to your TFSA to generate substantial and tax-free, long-term wealth growth.

Read more »

Dividend Stocks

Why Loblaw Companies Is a Grocery Dividend Gem Investors Can’t Ignore

| Aditya Raghunath

TSX blue-chip stocks such as Loblaw should be part of your equity portfolio due to its resilient cash flows and…

Read more »

Dividend Stocks

Retirees: 2 High-Yield Dividend Stocks to Buy for Passive Income

| Andrew Walker

These top TSX dividend stocks look cheap and now offer attractive yields.

Read more »

telehealth stocks
Dividend Stocks

2 Stocks for Big Income in Retirement (Supplement Your CPP!)

| Aditya Raghunath

Hold blue-chip high dividend stocks such as Enbridge to supplement your Canada Pension Plan and other retirement payouts.

Read more »

Dividend Stocks

OAS Pension Secrets: How to Get the Max You Deserve!

| Christopher Liew, CFA

Canadians eligible to receive OAS pensions have ways and the flexibility to maximize the monthly payments.

Read more »

Dividend Stocks

Better Buy for Dividends: Fortis Stock or Enbridge Stock?

| Andrew Walker

Fortis and Enbridge have long histories of dividend growth.

Read more »

dividends grow over time
Dividend Stocks

TFSA Investors: How to Build the Most Wealth Without the CRA Checking on You

| Christopher Liew, CFA

The TFSA is the ultimate wealth builder and users can prevent the CRA’s intervention by simply complying with the rules.

Read more »

Dividend Stocks

3 Great Investments That Will Provide You With Monthly Income in 2024

| Aditya Raghunath

Monthly dividend stocks on the TSX such as Exchange Income should be part of your equity portfolio in 2024.

Read more »

Dividend Stocks

3 Top Dividend-Growth Stocks to Buy When the Market Is Volatile

| Rajiv Nanjapla

Given their solid underlying businesses, consistent dividend hikes, and healthy growth prospects, these three stocks would be excellent buys in…

Read more »

A person builds a rock tower on a beach.
Dividend Stocks

3 Canadian Small-Cap Stocks Packing Enormous Potential

| Christopher Liew, CFA

Three Canadian small-cap stocks with market-beating returns in 2023 are exciting buys for their enormous growth potential.

Read more »

Dividend Stocks

3 Dividend Stocks That Are Too Big a Deal to Miss

| Amy Legate-Wolfe

As the market eventually recovers , we'll be looking for these dividend stocks to offer a deal for long-term investors.

Read more »

Dividend Stocks

Is Manulife Stock a Buy, Hold, or Sell?

| Kay Ng

Manulife stock trades at a low multiple. It has solid earnings growth potential and offers a nice dividend yield and…

Read more »

Dividend Stocks

Nutrien Stock Is Down 22% in 2023: Buy Now or Avoid?

| Amy Legate-Wolfe

Nutrien (TSX:NTR) stock had a rough third quarter, with shares down 22% year to date. But are shares now undervalued?

Read more »

Dividend Stocks

2 Top Telecommunication Stocks to Buy on the TSX Today

| Adam Othman

While beaten down in the last year, these two top telecom stocks can be excellent picks for your self-directed portfolio.

Read more »

Dividend Stocks

3 No-Brainer Stocks to Buy for the Next Decade

| Christopher Liew, CFA

Three TSX dividend stocks from different sectors are no-brainer buys for long-term investors.

Read more »

A plant grows from coins.
Dividend Stocks

These 3 Stocks Just Raised Their Dividends

| Andrew Button

Dividend stocks like Bank of Montreal (TSX:BMO) continue raising their dividends in 2023.

Read more »

Dividend Stocks

TFSA: How to Invest for $250 Monthly in Retirement

| Robin Brown

Are you wondering how to possibly earn $250/month for retirement in your TFSA? Here are some concepts to help you…

Read more »

Dividend Stocks

Dividend Alert: Is Enbridge Stock a Buy?

| Andrew Walker

Enbridge is down more than 20% from the 2022 high.

Read more »

Dividend Stocks

Down by 18%: Is BCE Stock a Good Buy Right Now?

| Adam Othman

A discounted blue-chip stock may look attractive, but you should consider the timing. If it's expected to slip further, waiting…

Read more »

bulb idea thinking
Dividend Stocks

My Top 2 TSX Stocks for Recession Planning

| Adam Othman

As an investor, recession planning is more than just piling up on stocks from recession-resistant sectors and industries.

Read more »

Dividend Stocks

Retirees: 2 Dividend Knights to Hold Forever

| Joey Frenette

Telus (TSX:T) and BCE (TSX:BCE) are two dividend knights that could be worth a second look if you seek big…

Read more »

Dividend Stocks

Earn $200/Month With Just 2 Dividend Stocks

| Rajiv Nanjapla

These two top monthly paying dividend stocks can boost your passive income.

Read more »

Dividend Stocks

Passive Income Made Easy: 2 Dividend Stocks to Buy Now

| Jitendra Parashar

Here are two top Canadian dividend stocks you can buy on the dip now and hold for years to come…

Read more »

Dividend Stocks

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

| Andrew Button

First National Financial (TSX:FN) stock is a classic high yield play. Can it get you $500 per month in passive…

Read more »

Dividend Stocks

Up 15 Percent in 2023, Will TFI International Stock Continue to Surge?

| Jitendra Parashar

These factors can help TFII stock continue surging in the long run, despite short-term challenges due to temporary demand weakness.

Read more »

Dividend Stocks

3 Oversold Stocks to Buy Before They Bounce Back

| Andrew Walker

These top TSX stocks look cheap today and could soar when interest rates begin to decline.

Read more »

Dividend Stocks

These 2 Canadian Dividend Stocks Are Especially Attractive Today

| Kay Ng

Income investors shopping for value and big dividend income can look further into these two financial services stock.

Read more »

Dividend Stocks

RRSP Wealth: 2 Top TSX Dividend Stocks That Still Look Cheap

| Andrew Walker

These top TSX dividend stocks could soar once interest rates begin to decline.

Read more »

money cash dividends
Dividend Stocks

Want Extra Monthly Cash? 1 Dividend Stock to Buy Now and Hold Forever

| Sneha Nahata

Generate extra cash of about $100 per month with this dividend stock.

Read more »

Dividend Stocks

TFSA: How to Create $500 in Income Each Month for Retirement

| Andrew Button

High-yield REITs like Northwest Healthcare Properties REIT (TSX:NWH.UN) can provide passive income in retirement.

Read more »

Dividend Stocks

Should You Buy TC Energy for its 7.5% Dividend Yield?

| Andrew Walker

TC Energy looks cheap today. Is TRP stock a buy or should investors wait?

Read more »

Dividend Stocks

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

| Adam Othman

Playing it safe with income stocks may help you develop a sizable nest egg over time, but if you want…

Read more »

Dividend Stocks

Up 25% Year to Date, Is Dollarama Stock a Buy Today?

| Amy Legate-Wolfe

Dollarama (TSX:DOL) stock has climbed and climbed past 52-week highs, so is it now overpriced? Or still in fair value…

Read more »

Dividend Stocks

Fortis Stock: Buy, Sell, or Hold?

| Demetris Afxentiou

Fortis (TSX:FTS) is known to most investors as a long-term defensive gem. But is Fortis stock still a good buy…

Read more »

Dividend Stocks

Better Buy: Couche-Tard Stock or Metro Stock?

| Aditya Raghunath

Retail TSX stocks such as Metro remain compelling bets amid a challenging macro environment in 2023.

Read more »

Dividend Stocks

The Counter-Intuitive Art of Buying More During a Bearish Turn

| Amy Legate-Wolfe

By following these strategies, you can certainly take advantage of this bear market and get the returns you've been hoping…

Read more »