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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

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Enbridge Is a High-Yielding Canadian Dividend Stock to Buy Now and Own Forever

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Recent Dividend Stocks News

Dividend Stocks

Up 8% in 3 Months, Is Fortis Stock a Buy Today?

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Fortis stock (TSX:FTS) continued to show signs of recovery this fall, but as we enter a new year, is the…

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Dividend Stocks

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Maple Leaf Foods is a stock with a reliable 3.44% dividend yield, which is backed by a defensive business in…

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Dividend Stocks

The Best TSX Stocks to Invest $5,000 in December 2023

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A Big Bank and a senior gold company are the best buys if you’re shopping for stocks in December 2023.

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Dividend Stocks

Up by 23.02%: Is Brookfield Asset Management a Good Buy in December 2023?

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As Brookfield Asset Management stock stays above 23.02% year to date, there’s confusion about whether it’s a good investment right…

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Conservative investors can consider Fortis stock if they find the expected total returns of about 8% acceptable.

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TC Energy stock offers shareholders a tasty dividend yield of 7.3% which is quite tasty. But can the TSX energy…

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| Sneha Nahata

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Dividend Stocks

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