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

3 Passive-Income Streams Every Canadian Should Try at Least Once

| Amy Legate-Wolfe

Dividend stocks can certainly provide passive income, but only if you have the money available! This is why you may…

Read more »

Dividend Stocks

3 TSX Stocks Releasing Earnings That Investors Cannot Ignore

| Amy Legate-Wolfe

Earnings for these three TSX stocks came out, and there were some major surprises for investors to view.

Read more »

Dividend Stocks

TFSA Investors: 2 Long-Term Market-Beaters to Buy Now

| Joey Frenette

CN Rail (TSX:CNR) is but one of many TSX stocks that TFSA investors should strongly consider buying right now.

Read more »

Dividend Stocks

Telus Stock: Buy, Sell or Hold?

| Andrew Button

Telus Inc (TSX:T) stock is a high yield name that has fallen on tough times. Can the company turn things…

Read more »

Caution, careful
Dividend Stocks

The Number 1 Retirement Mistake Canadians Are Making Today

| Aditya Raghunath

Canadians should maximize RRSP and TFSA contributions, allowing them to create a substantial nest egg in retirement.

Read more »

a person looks out a window into a cityscape
Dividend Stocks

Stop Procrastinating and Start Investing With These 2 Easy Stocks

| Demetris Afxentiou

Looking for some great stocks to start investing with? Here are two great options to kickstart or add to any…

Read more »

A worker drinks out of a mug in an office.
Dividend Stocks

1 Dividend Stock With a 4.1% Yield to Buy Over Air Canada Stock Right Now

| Daniel Da Costa

Although Air Canada stock appears to be cheap, this impressive dividend stock offers much more value for investors today.

Read more »

Dividend Stocks

Should You Start Your CPP Pension at Age 60 or 70?

| Aditya Raghunath

You can delay the CPP until the age of 70 by creating multiple income streams and investing in blue-chip dividend…

Read more »

Dividend Stocks

With a Nearly 7% Yield, Is It Time to Buy BCE Stock?

| Joey Frenette

BCE (TSX:BCE) stock is getting absurdly cheap as shares sag to multi-year lows.

Read more »

Dividend Stocks

CRA Facts: How to Reduce Your Tax Bill by $1,364 in 2023

| Amy Legate-Wolfe

Partnering a dividend stock with an RRSP is the perfect way to create major savings each year and make money…

Read more »

Dividend Stocks

3 Reasons Growth Investors Should Buy This Sizzling Stock

| Daniel Da Costa

While this high-quality growth stock trades at a significant discount, it's easily one of the best investments to buy in…

Read more »

Dividend Stocks

4 Dividend Stocks to Double Up on Right Now

| Daniel Da Costa

These four dividend stocks all offer higher yields than their long-term average as well as consistent dividend growth.

Read more »

Dividend Stocks

2 Top Dividend Stocks You Can Buy and Hold Forever

| Sneha Nahata

Earn worry-free dividend income for years with fundamentally strong dividend stocks like Fortis.

Read more »

rail train
Dividend Stocks

Here’s the Next Stock I’m Going to Buy

| Amy Legate-Wolfe

CP stock (TSX:CP) has been up and down in the last year as investors wait for its merger to come…

Read more »

Dividend Stocks

How to Use Your TFSA to Earn $5,280 Per Year in Passive Income

| Andrew Button

You could get to $5,280 per year in tax-free, passive, TFSA income by investing in high-yield stocks like Canadian Imperial…

Read more »

Dividend Stocks

These Dividend Stocks Could Double Your Money in Under 6 Years

| Kay Ng

Target a higher rate of return for your investments if you want to double your money sooner, but you would…

Read more »

Dividend Stocks

Secure Your Retirement With These High-Yield Dividend Stocks

| Andrew Walker

These top TSX dividend stocks are on sale.

Read more »

Dividend Stocks

Late Start? How to Save for Retirement Fast in Just 1 Decade

| Adam Othman

When you have a relatively limited time to grow your savings, you must grow your risk-tolerance levels and invest in…

Read more »

four people hold happy emoji masks
Dividend Stocks

3 Dividend Stocks You Can Safely Hold for Decades

| Andrew Walker

Top TSX dividend stocks are on sale.

Read more »

Dividend Stocks

How to Generate $500 Per Month in Tax-Free Passive Income

| Christopher Liew, CFA

Generating $500 in tax-free passive income every month is doable through a TFSA but on a longer investment horizon.

Read more »

Dividend Stocks

Investing in Your Future: Top 3 Retirement Stocks for Tax-Savvy Canadians

| Nicholas Dobroruka

These three cash-generating stocks are perfect choices for a retirement portfolio.

Read more »

money cash dividends
Dividend Stocks

3 TSX Dividend Stocks for 5-Figure Passive Income

| Adam Othman

Developing a sizable passive-income source might require diverting a significant segment of your savings/capital to high-yield dividend stocks.

Read more »

Dividend Stocks

3 Canadian Stocks With Insanely Fast-Growing Dividends

| Sneha Nahata

Earn solid income with insanely fast-growing dividend stocks like Canadian Natural Resources.

Read more »

A solar cell panel generates power in a country mountain landscape.
Dividend Stocks

Is Enbridge the Best Dividend Stock for You?

| Demetris Afxentiou

Investors looking for the absolute best dividend stock for their portfolios should take a closer look at Enbridge (TSX:ENB)

Read more »

analyze data
Dividend Stocks

3 Blue-Chip Stocks Every Canadian Should Own

| Daniel Da Costa

If you're looking to shore up your portfolio, boost your income, or both, these Canadian blue-chip stocks are some of…

Read more »

Dividend Stocks

3 Top Value Stocks in Canada for August 2023

| Adam Othman

Giving up on a tastefully low valuation is difficult, especially for value investors, but it should never be the only…

Read more »

Dividend Stocks

Get $250 Every Month from These Top TSX Stocks

| Christopher Liew, CFA

Investors can invest a small amount of capital in two top TSX stocks and then buy more shares until the…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Passive Income: How Much Should You Invest to Earn $1,000 Every Month?

| Rajiv Nanjapla

These three monthly-paying dividend stocks can boost your passive income.

Read more »

Dividend Stocks

3 Stocks That Could Create Lasting Generational Wealth

| Andrew Button

Canadian National Railway (TSX:CNR) could create lasting generational wealth for its shareholders.

Read more »

Technology
Dividend Stocks

3 Stocks You Can Confidently Buy After a Market Downturn 

| Puja Tayal

Are you worried about a market downturn? A bear market is an opportunity to buy fundamentally strong stocks with confidence…

Read more »

dividends grow over time
Dividend Stocks

Retirement-Ready Canadian Dividend Stocks to Beat Inflation

| Andrew Button

Retailers like Dollarama (TSX:DOL) may be able to thrive if inflation ticks up again.

Read more »

Dividend Stocks

Beat the TSX? These Dividend Stocks Have Actually Done it

| Jed Lloren

Are you looking for stocks that can beat the TSX? Here are two dividend stocks that have actually done it!

Read more »

Dividend Stocks

2 Bargain Stocks You Can Buy Today and Hold Forever

| Amy Legate-Wolfe

When it comes to bargain stocks, you want to be paid to wait. That's why these are the top choices…

Read more »

Dividend Stocks

Telus Stock: Worth It for the 6.3% Yield?

| Andrew Button

Telus Inc (TSX:T) has a high dividend yield, but will it provide a high total return?

Read more »

Dividend Stocks

TFSA: Get Over $430 Each Month With These 3 Dividend Payers

| Rajiv Nanjapla

Given their stable cash flows and consistent dividend payouts, these three monthly-paying dividend stocks could boost your passive income.

Read more »

Dividend Stocks

Worried About a Recession? 3 Stocks to Buy Now

| Daniel Da Costa

With a recession potentially on the horizon, here are three safe and reliable stocks to buy for your portfolio right…

Read more »

Dividend Stocks

Want $1,000 in Safe Annual Dividend Income? Invest $20,000 in These 3 TSX Stocks

| Aditya Raghunath

TSX dividend stocks such as Brookfield Renewable Partners can help you set up a passive-income stream easily in 2023.

Read more »

protect, safe, trust
Dividend Stocks

This 7.6%-Yielding Dividend Stock Is Growing Safer by the Quarter

| Daniel Da Costa

As Freehold stock continues to generate tonnes of cash flow, its net debt decreases, making its already robust dividend even…

Read more »

Dividend Stocks

Here’s Why I Still Own Corus Entertainment Stock

| Daniel Da Costa

Although Corus Entertainment stock has struggled, it's severely undervalued, making it one of the best stocks that investors can buy…

Read more »

Dividend Stocks

3 Ultra High-Yield Dividend Stocks Down 18% to 31% to Buy on the Dip

| Andrew Button

Canadian Energy stock Enbridge (TSX:ENB) is down 18.4% from its all time high and has a 7.4% dividend yield.

Read more »