Motley Fool Premium
  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:

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

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

How to Invest in Real Estate Without Buying Property

| Amy Legate-Wolfe

Real estate income is supposed to be passive income, but there are so many considerations. Instead, consider this method.

Read more »

Dividend Stocks

3 High-Yield Dividend Stocks at Rock-Bottom Prices

| Aditya Raghunath

These three TSX dividend stocks allow investors to benefit from a high yield and stock price appreciation, making them top…

Read more »

oil and gas pipeline
Dividend Stocks

Is Enbridge Stock Too Cheap to Ignore for Passive Income?

| Andrew Walker

Enbridge stock looks cheap. Should you buy now or wait?

Read more »

Dividend Stocks

The 3 Places With the Highest Property Taxes in the Canada

| Amy Legate-Wolfe

Property taxes are an important part of society, but with them constantly going up, let's look at the highest ones…

Read more »

Dividend Stocks

CPP Isn’t Enough: Here’s How Much You Need to Retire

| Amy Legate-Wolfe

CPP payments are great, sure, but they're not going to cover all your expenses. That's why you should take this…

Read more »

Dividend Stocks

TFSA 101: Earn $511 Per Month Tax-Free

| Aditya Raghunath

Here's how income-seeking investors can use the TFSA to generate more than $500 in tax-free dividends each month.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Retirees: 3 Passive Income Streams to Start Today!

| Amy Legate-Wolfe

Passive income can be found at high levels for very little effort, and these are but three of the best…

Read more »

Dividend Stocks

This 7.6% Dividend Stock Is My Pick for Super Income in 2023

| Ambrose O'Callaghan

TC Energy Corp. (TSX:TRP) is a dividend stock that offers solid value, terrific income, and a great history of dividend…

Read more »

Dividend Stocks

Market Correction: 3 Top Dividend Stocks to Buy in Late August

| Kay Ng

Market corrections are a good time to shop for solid dividend stocks for more income and higher long-term returns.

Read more »

Dividend Stocks

This Dividend Stock Is a Once-in-a-Lifetime Chance to Get Rich!

| Amy Legate-Wolfe

This dividend stock has it all, a high yield, a solid future, record results and trades in value territory. It's…

Read more »

sale discount best price
Dividend Stocks

TFSA Bargains: 2 Dividend Stocks to Buy on the Dip!

| Joey Frenette

Restaurant Brands International (TSX:QSR) stock and another notable TSX stock pick for your TFSA this summer.

Read more »

Dividend Stocks

2 Stocks That Could Turn $10,000 Into $19,680 by 2028

| Kay Ng

These solid dividend stocks have the potential to double your money in about five years at these attractive levels.

Read more »

Dividend Stocks

Buy 1,600 Shares of This Top Dividend Stock for $100/Month in Passive Income

| Ambrose O'Callaghan

Investors who are hungry for income in a choppy market should look to a high-yield dividend stock like Northwest Healthcare…

Read more »

Dividend Stocks

2 S&P 500 Stocks That Could Make You Richer

| Christopher Liew, CFA

Two prominent S&P 500 stocks with ownership stakes in publicly listed Canadian companies could make long-term investors richer.

Read more »

dividends grow over time
Dividend Stocks

Here’s How Brookfield Renewable Stock Can Afford its 5.1% Dividend Yield

| Aditya Raghunath

Brookfield Renewable currently offers shareholders a dividend yield of 5.1%. Here's why the TSX stock is a top investment choice…

Read more »

Dividend Stocks

2 Great Dividend Stocks to Beat Inflation

| Andrew Walker

Top TSX dividend stocks are on sale.

Read more »

Dividend Stocks

NorthWest REIT Stock: Buy, Sell, or Hold?

| Amy Legate-Wolfe

NorthWest REIT (TSX:NWH.UN) stock trades at all-time lows with a 12.5% dividend yield, so should investors risk it?

Read more »

Dividend Stocks

Better Buy: TELUS Stock or Rogers Communications?

| Kay Ng

For a better margin of safety in the dividend and stock valuation, Rogers Communications is a better buy today.

Read more »

Dividend Stocks

3 Bargain Stocks You Can Buy Today and Hold Forever

| Kay Ng

Investors can buy these bargain stocks and get paid well in growing dividend income. Price appreciation will eventually follow.

Read more »

Dividend Stocks

This 7.5% Dividend Stock Is My Top Pick for Immediate Income

| Sneha Nahata

You can earn immediate income by investing in this dividend-paying Canadian dividend stock offering a compelling yield of 7.5%.

Read more »

Dividend Stocks

A Bull Market Could Be Here: You Haven’t Missed Out on Alimentation Couche-Tard

| Andrew Button

Alimentation Couche-Tard Inc (TSX:ATD) stock has risen a lot, but it could rise further.

Read more »

Dividend Stocks

2 Dividend Stocks That Will Pay You for Life

| Amy Legate-Wolfe

These dividend stocks offer huge returns for long-term investors and major dividends right on top of that.

Read more »

Dividend Stocks

Got $5,000? 2 Cheap Stocks to Buy Right Now

| Demetris Afxentiou

Market volatility has put a for sale sign on much of the market, making it a good time to buy.…

Read more »

dividends grow over time
Dividend Stocks

Prediction: These 2 Stocks Could Skyrocket in the Next Bull Market

| Adam Othman

These two TSX stocks are worth having on your radar as market beaters that could potentially skyrocket in the next…

Read more »

rail train
Dividend Stocks

Here’s Why CN Railway Stock Can Pay You for Years

| Andrew Button

Canadian National Railway (TSX:CNR) stock could pay you dividends for years,or even decades!

Read more »

Dividend Stocks

Building Your FHSA Nest Egg? Discover the Top 2 Stocks to Amplify Your Savings

| Kay Ng

Are you building a nest egg for your FHSA? Start with solid dividend stocks that offer safe dividend income with…

Read more »

Dividend Stocks

Building Wealth for Retirement: 2 Top Stocks for Tax-Advantaged Accounts

| Nicholas Dobroruka

Investors that are saving for retirement should have these two TSX stocks at the top of their watch lists right…

Read more »

Dividend Stocks

Build Your Nest Egg: 5 Top Dividend Stocks for Canadian Investors

| Andrew Walker

Top TSX dividend stocks are on sale.

Read more »

protect, safe, trust
Dividend Stocks

Want Safe Income? This Stock Keeps Raising its Dividend

| Andrew Button

Fortis Inc (TSX:FTS) stock has consistently raised its dividend for 49 years. Can it keep up the growth?

Read more »

Dividend Stocks

2 Bargain-Basement Stocks to Buy Now and Hold Forever

| Kay Ng

It's a good time to accumulate units in these undervalued dividend stocks for buy-and-hold investors. Expect growing income!

Read more »

Dividend Stocks

2 Powerful Bullish Picks for August 2023

| Adam Othman

Riding a bullish momentum can help you generate decent short-term returns, but only if you exit the position at the…

Read more »

Dividend Stocks

The Best 7.7% Dividend Stocks for Immediate Monthly Income

| Christopher Liew, CFA

Two high-yield dividend stocks are excellent options for income investors in need of monthly income streams.

Read more »

sale discount best price
Dividend Stocks

TFSA Income: 3 Dividend Stars (With Yields Between 7% and 8%) Getting Super Cheap

| Joey Frenette

TC Energy (TSX:TRP) stock and two other dividend stars are worth grabbing right now for your TFSA.

Read more »

oil and gas pipeline
Dividend Stocks

$1,000 Invested in Enbridge Stock 20 Years Ago Would Be Worth This Much Today

| Aditya Raghunath

Enbridge stock trades at a cheap multiple and offers investors a tasty dividend yield. Is the TSX energy stock a…

Read more »

Dividend Stocks

Retirees: 2 High-Yield Dividend Stocks to Buy in August 2023

| Andrew Walker

Top TSX dividend stocks are on sale.

Read more »

Dividend Stocks

Is it Too Late to Buy These 3 Brilliant Passive-Income Stocks?

| Jed Lloren

Are you looking for stocks to add to your passive-income portfolio? Here are three top picks!

Read more »

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

These Hidden Gems Are Some of Canada’s Best-Kept Stock Secrets

| Demetris Afxentiou

Looking for some of Canada’s best kept stock secrets? Here are two stocks that can offer growth, income, and defensive…

Read more »

stock research, analyze data
Dividend Stocks

RRSP: 2 Top Canadian Stocks to Buy for Total Returns

| Andrew Walker

Top Canadian dividend stocks are on sale.

Read more »

Dividend Stocks

How to Use Your TFSA to Earn $1,271 Per Year in Tax-Free Passive Income

| Amy Legate-Wolfe

Dividend income is usually where we focus our attention, but passive income comes from multiple sources investors should focus on.

Read more »

grow money, wealth build
Dividend Stocks

This is My Favourite High-Yield Dividend Stock

| Joey Frenette

Telus (TSX:T) stock has been a dividend dog that could prove a smart long-term buy for long-term seekers of passive…

Read more »