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.

Recent Dividend Stocks News

monthly calendar with clock
Dividend Stocks

A 3.3% Dividend Stock That Pays Cash Every Month

| Amy Legate-Wolfe

Northland’s monthly dividend isn’t huge anymore, but it may be more sustainable after the cut and that’s the point.

Read more »

voice-recognition-talking-to-a-smartphone
Dividend Stocks

1 TSX Dividend Stock to Consider While It’s Down 50%

| Christopher Liew, CFA

A top TSX dividend stock with a more secure payout ratio is a buying opportunity at its current depressed price.

Read more »

Technology circuit board and core, 3d rendering.
Dividend Stocks

Here’s the Average Canadian TFSA at Age 50

| Christopher Liew, CFA

The average Canadian TFSA at age 50 is not what you would expect but presents an opportunity to build a…

Read more »

you're never too young or old to start investing in stocks
Dividend Stocks

Got Kids? Your Next CRA Cash Benefit Arrives July 20

| Amy Legate-Wolfe

July 20’s Canada Child Benefit deposit can cover summer costs today and potentially grow into a bigger future buffer.

Read more »

chart reflected in eyeglass lenses
Dividend Stocks

2 Canadian Dividend Stocks to Snap Up on Dips

| Andrew Walker

These companies have delivered steady dividend growth for decades.

Read more »

infrastructure like highways enables economic growth
Top TSX Stocks

3 Canadian Stocks That Could Thrive in the Infrastructure Boom

| Demetris Afxentiou

These Canadian stocks are positioned to benefit as governments and businesses invest heavily in infrastructure upgrades and expansion.

Read more »

concept of growth
Dividend Stocks

2 High-Yield Dividend Stocks to Own for the Next 10 Years

| Christopher Liew, CFA

These two high-yield dividend stocks can generate compounding returns and provide income stability over the next 10 years or more.

Read more »

dividend growth for passive income
Dividend Stocks

The Best High-Yield Dividend Stocks to Buy Right Now for Unbeatable Income

| Joey Frenette

SmartCentres REIT (TSX:SRU.UN) and another stellar dividend play worth buying for unstoppable passive income.

Read more »

Abstract technology background image with standing businessman
Dividend Stocks

A Canadian Company Set to Make a Fortune From the $650 Billion Data Centre Buildout

| Andrew Button

Brookfield Infrastructure Partners (TSX:BIP.UN) could benefit from Canada's data centre buildout.

Read more »

person on phone leaning against outside wall with scenic view at airbnb rental property
Dividend Stocks

1 Magnificent Canadian Stock Down 17% to Buy and Hold for Decades

| Amy Legate-Wolfe

BCE’s dividend reset and share-price slump may be the painful setup that creates a better long-term entry point.

Read more »

arrows hit bullseye on target
Dividend Stocks

4 TSX Dividend Stocks Retirees Might Want on Their Radar

| Andrew Walker

These companies pay solid dividends that should continue to grow.

Read more »

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

My 3 Favourite Canadian Stocks for Passive Income

| Sneha Nahata

These Canadian stocks are known for rewarding shareholders with higher payouts and are likely to keep growing their dividends.

Read more »

holding coins in hand for the future
Dividend Stocks

A 11.3% Passive-Income Stock I’d Put My Whole TFSA Contribution Into

| Amy Legate-Wolfe

An 11.3% TELUS yield looks tempting, but it also signals the market has real doubts about dividend growth.

Read more »

Investor wonders if it's safe to buy stocks now
Dividend Stocks

What’s the Deal with Rogers’s Dividend?

| Joey Frenette

Rogers Communications (TSX:RCI.B) stock is taking a beating again, but its dividend remains on safe footing.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Structure a TFSA With $14,000 for Lifelong Monthly Income

| Rajiv Nanjapla

These two high-quality dividend stocks can help investors build a reliable stream of passive income while offering the potential for…

Read more »

diversification is an important part of building a stable portfolio
Dividend Stocks

How $20,000 Across 4 TSX Stocks Can Deliver $1,000 in Passive Income

| Sneha Nahata

A $20,000 investment spread across these TSX stocks could help generate a reliable passive income of over $1,000 a year.

Read more »

a person prepares to fight by taping their knuckles
Dividend Stocks

The TSX Stocks I’d Use to Anchor a More Defensive Portfolio

| Demetris Afxentiou

These TSX stocks offer stability, essential services, and reliable cash flow to help anchor a more defensive portfolio.

Read more »

Map of Canada showing connectivity
Dividend Stocks

What’s the Deal with Telus’s Dividend?

| Tony Dong, MSc, CETF®

I wouldn't be surprised if Telus eventually followed BCE and cut its dividend to conserve cash.

Read more »

happy woman throws cash
Dividend Stocks

A Perfect TFSA Stock: A 3.7% Yield With Constant Paycheques

| Rajiv Nanjapla

Given its resilient business model, dependable cash flows, consistent dividend growth, and attractive long-term growth prospects, TC Energy would be…

Read more »

A family watches tv using Roku at home.
Dividend Stocks

What’s Going on With Rogers’ Dividend?

| Demetris Afxentiou

Rogers’ dividend has stayed flat for years, but its selective approach looks more responsible as other Canadian telecoms pause or…

Read more »

gold prices rise and fall
Dividend Stocks

1 Magnificent Canadian Dividend Stock Down 39% to Buy and Hold for Decades

| Aditya Raghunath

Agnico Eagle has slid 39% from its high. Here is why this Canadian dividend stock still looks like a buy…

Read more »

Abstract technology background image with standing businessman
Dividend Stocks

1 More Canadian Stock Set to Make a Fortune From Canada’s Data Centre Buildout

| Andrew Button

Brookfield Renewable Partners (TSX:BEP.UN) could make a lot of money off of Canada's data centre buildout.

Read more »

a woman sleeps with her eyes covered with a mask
Dividend Stocks

1 Super-Strong Dividend Stock Canadians Can Buy to Sleep Well at Night

| Andrew Walker

This company has increased its dividend annually for more than five decades.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

Turn a TFSA Into $300 in Monthly Tax-Free Income

| Christopher Liew, CFA

The path of maximum annual contributions and a few thousand dollars can turn a TFSA into $300 in monthly tax-free…

Read more »

man in bowtie poses with abacus
Dividend Stocks

Is Telus’s Dividend Still Worth Counting On?

| Andrew Button

Telus (TSX:T) looks an awful lot like BCE (BCE) before the latter company's 2025 dividend cut.

Read more »

woman looks out at horizon
Dividend Stocks

A Perfect TFSA Stock: A 3.24% Yield With Stable Paycheques

| Amy Legate-Wolfe

Sun Life’s steady dividend can help TFSA investors earn tax-free income without taking on sketchy, high-yield risk.

Read more »

man touches brain to show a good idea
Dividend Stocks

The Canadian Dividend Stocks I’d Be Most Comfortable Holding in a TFSA Forever

| Demetris Afxentiou

These Canadian dividend stocks offer reliable income, durable businesses, and the qualities needed for a long-term TFSA portfolio.

Read more »

woman gazes forward out window to future
Dividend Stocks

Where I See Enbridge Stock Heading Over the Next 3 Years

| Sneha Nahata

Enbridge has mutiple catalysts that position it well to deliver solid earnings and DCF growth over the next 3 years.

Read more »

a man celebrates his good fortune with a disco ball and confetti
Dividend Stocks

Where Will Enbridge Stock Be in 2 Years?

| Andrew Walker

Enbridge is positioned well to benefit from rising energy demand.

Read more »

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

How to Use a TFSA to Bring in $500 a Month Completely Tax-Free

| Andrew Button

H&R REIT (TSX:HR.UN) could produce nearly $500 per month tax-free in a maxed out TFSA.

Read more »

Person holding a smartphone with a stock chart on screen
Dividend Stocks

Why Chasing High Yields is the Fastest Way to Lose Money

| Demetris Afxentiou

High yields are attractive, but chasing them can lead investors into dividend traps and falling share prices.

Read more »

Senior uses a laptop computer
Dividend Stocks

If I Could Only Buy and Hold a Single Stock, This Would Be It

| Tony Dong, MSc, CETF®

Concentrating all on a single stock is universally a bad idea, but I would make an exception for Berkshire Hathaway.

Read more »

alcohol
Dividend Stocks

This is the TFSA Balance You’ll Likely Need to Retire Comfortably in Canada

| Amy Legate-Wolfe

A $500,000 TFSA goal sounds big, but a simple, low-fee S&P 500 ETF like VFV can help compounding do the…

Read more »

dividends grow over time
Dividend Stocks

2 TSX Dividend Stocks I’d Hold for the Next Decade

| Sneha Nahata

These TSX dividend stocks consistently generate solid earnings, produce healthy cash flow, and reward shareholders year after year.

Read more »

Woman checking her computer and holding coffee cup
Dividend Stocks

What Is Going On With BCE’s Dividend?

| Brian Paradza, CFA

After a 56% dividend cut in 2025, BCE’s 5.8% yield faces fresh pressure -- yet its AI data-centre pivot may…

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Dividend Stocks

How the Average TFSA Changes Across Canada

| Kay Ng

Boost your TFSA balance by aiming to max contributions and investing wisely for long-term growth.

Read more »

Piggy bank with word TFSA for tax-free savings accounts.
Dividend Stocks

The Average TFSA Balance for Canadians at 55

| Aditya Raghunath

Canadians average $43,519 in their TFSA at 55, but unused room tops $57,000. Here's how dividend stocks like BMO can…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Today’s Perfect TFSA Stock: 5% Monthly Income

| Adam Othman

This top REIT continues to pay reliable monthly distributions to investors while being fundamentally solid. Here’s what to know.

Read more »

senior relaxes in hammock with e-book
Dividend Stocks

2 Canadian Dividend Stocks Perfect for Retirees

| Joey Frenette

Enbridge (TSX:ENB) stands out as a magnificent retiree-friendly dividend payer.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

5 TSX Dividend Stocks With Solid Yields Built for Steady Cash Flow in Any Market

| Rajiv Nanjapla

Given their reliable business models, stable cash flows, and solid growth prospects, these five dividend stocks are excellent buys for…

Read more »