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:

  • 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

A close up color image of a small green plant sprouting out of a pile of Canadian dollar coins "loonies."
Dividend Stocks

1 Incredibly Cheap Canadian Dividend-Growth Stock to Buy Now and Hold for Decades

| Daniel Da Costa

With this top dividend-growth stock trading 40% off its 52-week high, and offering a yield of 4.4%, it's easily one…

Read more »

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

Top TSX Income Stocks to Start Your 2026

| Robin Brown

If you are looking for income-producing stocks on the TSX, here are four growing dividend stocks to buy.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Here’s How Much a 40-Year-Old Canadian Needs Now to Retire at 65

| Andrew Button

If you invest in iShares S&P/TSX 60 Index Fund (TSX:XIU), you'll likely be able to retire at 65.

Read more »

TFSA (Tax-Free Savings Account) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

CRA: Here’s the TFSA Contribution Limit for 2026

| Aditya Raghunath

TFSA investors should consider gaining exposure to blue-chip dividend stocks such as Waste Connections and Stantec in 2026.

Read more »

The RRSP (Canadian Registered Retirement Savings Plan) is a smart way to save and invest for the future
Dividend Stocks

The Average RRSP at 40 Isn’t Enough: Here’s How to Boost it

| Amy Legate-Wolfe

If you’re 40 and feel behind, the average RRSP balance is only $49,014, so a consistent plan can still catch…

Read more »

data analyze research
Dividend Stocks

Outlook for Dollarama Stock in 2026

| Daniel Da Costa

Here's why Dollarama has been one of the best Canadian stocks over the last decade, and whether it's worth buying…

Read more »

resting in a hammock with eyes closed
Dividend Stocks

Yes, a 3.5% Dividend Yield Is Enough to Generate Massive Passive Income

| Amy Legate-Wolfe

This “boring” TSX dividend stock has quietly surged, and its next earnings report could change expectations again.

Read more »

Hourglass projecting a dollar sign as shadow
Dividend Stocks

Time to Buy? 1 Dividend Stock Offering a Decent Deal

| Joey Frenette

CN Rail (TSX:CNR) might not be a steal, but it's a great long-term compounder that's nearly guaranteed to grow its…

Read more »

Canadian Red maple leaves seamless wallpaper pattern
Dividend Stocks

TFSA: 4 Canadian Stocks to Buy and Hold Forever

| Daniel Da Costa

Here's why the TFSA is such a powerful tool for Canadians, and four of the best stocks you can buy…

Read more »

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

Got $10,000? Buy This Dividend Stock for $74 in Monthly Passive Income

| Karen Thomas, MSc, CFA

Telus stock's almost 9% dividend yield is not as risky as it seems, as the company has big plans to…

Read more »

various pizza in boxes in a row for lunch
Dividend Stocks

Bill Ackman is Betting on This TSX Stock – and it’s a Deal Right Now

| Kay Ng

Bill Ackman has high conviction for Restaurant Brands, which is a solid stock idea for long-term investors to consider buying…

Read more »

House models and one with REIT real estate investment trust.
Dividend Stocks

A Dirt-Cheap Stock to Buy With $1,000 Right Now

| Daniel Da Costa

This high-quality stock has defensive operations, pays a 4% dividend, and is trading with the lowest valuation it has had…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Got $14,000? Here’s How to Structure a TFSA for Lifelong Monthly Income

| Amy Legate-Wolfe

Turn a “small” $14,000 TFSA deposit into steady, tax-free monthly cash by picking resilient REITs, not just high yields.

Read more »

dividends can compound over time
Dividend Stocks

Want a 6% Yield? 3 TSX Stocks to Buy Today

| Sneha Nahata

These Canadian dividend stocks offering a high yield of at least 6% can strengthen your portfolio’s income-generation capabilities.

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

1 Dividend Stock Set to Excel Long Term, Even While Down 43%

| Amy Legate-Wolfe

Northland’s selloff has lifted the income appeal, but the long-term payoff depends on project execution improving.

Read more »

Happy golf player walks the course
Dividend Stocks

Top Canadian Stocks to Buy for Passive Income

| Rajiv Nanjapla

These three Canadian stocks are ideal to boost your passive income.

Read more »

senior couple looks at investing statements
Dividend Stocks

Retirees: 2 Discounted Dividend Stocks to Buy in January

| Andrew Walker

These high-yield stocks are out of favour, but might be oversold.

Read more »

dividend growth for passive income
Dividend Stocks

1 Reason I Will Never Sell Brookfield Infrastucture Stock

| Daniel Da Costa

Here's why Brookfield Infrastructure is one of the very best Canadian stocks to buy now and hold for decades to…

Read more »

resting in a hammock with eyes closed
Dividend Stocks

Passive Income: How Much Do You Need to Invest to Make $1,000 per Month

| Kay Ng

Typically, you can earn more passive income with less capital invested by taking greater risk, which could involve buying individual…

Read more »

dividends grow over time
Dividend Stocks

Top Canadian Stocks to Buy With $15,000 in 2026

| Demetris Afxentiou

New investors with $15,000 to invest have plenty of options. Here are three top Canadian stocks to buy today.

Read more »

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

3 Canadian Stocks That Are the Best to Buy and Hold in a TFSA

| Amy Legate-Wolfe

Three “sleep well” TFSA stocks can come from boring, essential businesses: rail, insurance, and waste.

Read more »

coins jump into piggy bank
Dividend Stocks

The Best Canadian Stocks to Buy and Hold Forever in a TFSA

| Karen Thomas, MSc, CFA

Use your TFSA contribution room by buying two of the best Canadian stocks, BCE and Fortis for their generous yields…

Read more »

Trans Alaska Pipeline with Autumn Colors
Dividend Stocks

Passive Income: Is Enbridge Stock Still a Buy for Its Dividend?

| Daniel Da Costa

Here's why Enbridge is one of the best dividend stocks passive income seekers can buy for their portfolios today.

Read more »

Two seniors walk in the forest
Dividend Stocks

Start Your Investing Year Right With 3 Dividend Stocks Anyone Can Own

| Chris MacDonald

Let's dive into why these three Canadian dividend stocks could be solid pick ups to kick off a long-term passive…

Read more »

A meter measures energy use.
Dividend Stocks

1 Unbelievable Canadian Dividend Stock to Buy and Hold for Years

| Amy Legate-Wolfe

Canadian Utilities is the kind of dividend stock that can keep paying and compounding quietly, even when the share price…

Read more »

RRSP Canadian Registered Retirement Savings Plan concept
Dividend Stocks

RRSP Wealth: 2 Great Canadian Dividend Stocks to Buy in January

| Amy Legate-Wolfe

Two dividend payers can work well in an RRSP because reinvested distributions compound without annual tax drag.

Read more »

Concept of multiple streams of income
Dividend Stocks

4 Dividend Stocks to Double Up On Right Now

| Robin Brown

Looking for income plays during market dips? Consider looking at these four quality dividend stocks for a great mix of…

Read more »

Person uses a tablet in a blurred warehouse as background
Dividend Stocks

This Safe 4% Dividend Stock Could Pay up Every Month

| Amy Legate-Wolfe

Granite REIT looks like a “set-it-and-collect-it” monthly payer, with rising distributions backed by strong industrial demand.

Read more »

happy woman throws cash
Dividend Stocks

Transform Your TFSA Into a Cash-Creating Machine With $14,000

| Joey Frenette

Telus (TSX:T) stock could be the high-yielder that's worth considering for your next big TFSA buy.

Read more »

a sign flashes global stock data
Dividend Stocks

5 Top Canadian Stocks to Pick up Now in January

| Amy Legate-Wolfe

January can reward investors who put fresh TFSA/RRSP cash to work in stocks with clear catalysts and steady demand.

Read more »

up arrow on wooden blocks
Dividend Stocks

1 Dynamic Dividend Stock Down 10% to Buy Now and Hold for Decades

| Andrew Walker

This top TSX company has increased its dividend annually for decades.

Read more »

The RRSP (Canadian Registered Retirement Savings Plan) is a smart way to save and invest for the future
Retirement

1 TSX Stock to Safely Hold in Your RRSP for Decades

| Kay Ng

This is a long-term compounder that Canadians can add in their RRSPs on dips.

Read more »

Dividend Stocks

3 Beginner-Friendly Stocks Perfect for Canadians Starting Out Now

| Demetris Afxentiou

Looking for some beginner-friendly stocks? Here’s a trio of options that are too hard to ignore right now.

Read more »

Close-up of people hands taking slices of pepperoni pizza from wooden board.
Dividend Stocks

3 of the Best Canadian Stocks Investors Can Buy Right Now

| Daniel Da Costa

These three Canadian stocks are all reliable dividend payers, making them some of the best to buy now in the…

Read more »

hand stacks coins
Dividend Stocks

How to Max Out Your TFSA in 2026

| Amy Legate-Wolfe

Maxing your 2026 TFSA room could be simpler than you think, and National Bank offers a steady dividend plus growth…

Read more »

A woman shops in a grocery store while pushing a stroller with a child
Dividend Stocks

This 7.7% Dividend Stock Is My Top Pick for Monthly Income

| Amy Legate-Wolfe

Slate Grocery REIT offers “right now” TFSA income with a big yield, but its payout safety depends on cash-flow coverage.

Read more »

Dividend Stocks

1 Incredible Canadian Dividend Stock to Buy for Decades

| Amy Legate-Wolfe

Emera pairs a steady regulated utility business with a solid yield and a huge growth plan that could fuel future…

Read more »

engineer at wind farm
Dividend Stocks

Outlook for Brookfield Stock in 2026

| Daniel Da Costa

Here's why Brookfield Corporation is one of the best stocks Canadian investors can buy, not just for 2026, but for…

Read more »

Woman in private jet airplane
Dividend Stocks

3 Top Secret Tricks of TFSA Millionaires

| Christopher Liew, CFA

TFSA users who became millionaires have revealed the secret tricks in achieving the nearly impossible feat.

Read more »

top TSX stocks to buy
Dividend Stocks

3 Canadian Growth Stocks to Buy for Long-Term Returns

| Adam Othman

Add these three TSX growth stocks to your self-directed portfolio if you seek long-term winners to buy and hold forever.

Read more »