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

dividends can compound over time
Dividend Stocks

High-Yield Stocks for Canada’s Current Low-Rate Environment

| Rajiv Nanjapla

These three high-yielding dividend stocks can boost your passive income while also providing stability in this uncertain outlook.

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

CRA: Here’s the TFSA Contribution Limit for 2026

| Kay Ng

The TFSA contribution limit for 2026 is $7,000. How will you save and invest this amount this year and carry…

Read more »

Dividend Stocks

Buy 1,000 Shares of This Top Dividend Stock for $196/ Month in Passive Income

| Aditya Raghunath

Down almost 24% from all-time highs, CNQ is a top TSX dividend stock that offers you a yield of 5.6%…

Read more »

Colored pins on calendar showing a month
Dividend Stocks

Monthly Dividend Leaders: 3 TSX Stocks Paying Dividends Every 30 Days

| Robin Brown

Are you looking for a boost to your monthly salary? Here are three top TSX dividend stocks for solid monthly…

Read more »

Rocket lift off through the clouds
Dividend Stocks

They’re Not Your Typical ‘Growth’ Stocks, But These 2 Could Have Explosive Upside in 2026

| Chris MacDonald

These Canadian stocks aren't known as pure-growth names, but 2026 could be a very good year for both in terms…

Read more »

happy woman throws cash
Dividend Stocks

Beat the TSX With This Cash-Gushing Dividend Stock

| Jitendra Parashar

Here’s why this under-the-radar utilities stock could outpace the TSX with dividend income and upside.

Read more »

Real estate investment concept
Dividend Stocks

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

| Aditya Raghunath

Down over 40% from all-time highs, Propel is an undervalued dividend stock that trades at a discount in December 2025.

Read more »

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

The Perfect TFSA Stock With a 9% Payout Each Month

| Amy Legate-Wolfe

An under-the-radar Brazilian gas producer with steady contracts and a big dividend could be a sneaky-good TFSA income play.

Read more »

man looks worried about something on his phone
Dividend Stocks

Is BCE Stock (Finally) a Buy for its 5.5% Dividend Yield?

| Amy Legate-Wolfe

This beaten-down blue chip could let you lock in a higher yield as conditions normalize. Here’s why BCE may be…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Premier TSX Dividend Stocks for Retirees

| Christopher Liew, CFA

Three TSX dividend stocks are suitable options for retiring seniors with smart investing strategies.

Read more »

a man relaxes with his feet on a pile of books
Dividend Stocks

What’s the Average RRSP Balance for a 70-Year-Old in Canada?

| Amy Legate-Wolfe

At 70, turn your RRSP into a personal pension. See how one dividend ETF can deliver steady, tax-deferred income with…

Read more »

monthly calendar with clock
Dividend Stocks

An 8% Dividend Stock Paying Every Month Like Clockwork

| Amy Legate-Wolfe

This non-bank mortgage lender turns secured real estate loans into steady monthly income, which is ideal for TFSA investors seeking…

Read more »

hand stacks coins
Dividend Stocks

3 High-Yield Canadian Stocks for Worry-Free Passive Income

| Sneha Nahata

These high-yield Canadian dividend stocks can strengthen your portfolio's income-generation capabilities over the next decade.

Read more »

dividends can compound over time
Dividend Stocks

TFSA Passive Income: 2 TSX Dividend Stocks to Buy Now

| Andrew Walker

These energy sector giants offer high yields and reliable dividend growth.

Read more »

Dividend Stocks

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

| Puja Tayal

Uncover the best stocks for your Tax-Free Savings Account investment strategy and understand the Canadian market dynamics.

Read more »

rising arrow with flames
Dividend Stocks

FIRE Sale: 1 Top-Notch Dividend Stock Canadians Can Buy Now

| Amy Legate-Wolfe

This “fire‑sale” bank may be mispriced. BMO’s durable dividend and U.S. expansion could reward patient buyers when fear fades.

Read more »

Partially complete jigsaw puzzle with scattered missing pieces
Dividend Stocks

1 Marvellous Canadian Dividend Stock Down 16% to Buy and Hold Immediately

| Jitendra Parashar

A recent pullback has pushed this dependable Canadian dividend payer into buy territory, even as its long-term growth story keeps…

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

TFSA Investors: Invest to Create $144 in Monthly Tax-Free Income

| Amy Legate-Wolfe

An essential-healthcare REIT with long leases and a stabilizing balance sheet could deliver tax-free monthly TFSA income before sentiment catches…

Read more »

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

How Beginners Can Turn A Small TFSA Into Real Wealth

| Andrew Walker

This strategy can potentially transform a modest initial investment into substantial retirement savings.

Read more »

worker holds seedling in soybean field
Dividend Stocks

2 Magnificent TSX Dividend Stocks Down 40% to Buy and Hold Forever

| Aditya Raghunath

Down almost 40% from all-time highs, these two TSX dividend stocks are top investments in December 2025.

Read more »

open vault at bank
Bank Stocks

2 Strong Bank Stocks to Consider Before Year-End

| Christopher Liew, CFA

Two Big Bank stocks with strong post-earnings momentum are no-brainer buys before year-end 2025.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

The Best Stocks to Invest $5,000 in a TFSA Right Now

| Jitendra Parashar

These two Canadian stocks show how a simple TFSA strategy can combine dividend income today with growth for the future.

Read more »

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

TFSA Investors: How to Structure a $75,000 Portfolio for Monthly Income

| Amy Legate-Wolfe

Turn $75,000 in your TFSA into a tax-free monthly paycheque with a diversified mix of steady REITs and a conservative…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Use Your TFSA to Earn $575 Per Month in Tax-Free Income

| Rajiv Nanjapla

Given their solid performances, high yields, and healthy growth prospects, these two Canadian stocks are ideal for your TFSA to…

Read more »

chart reflected in eyeglass lenses
Dividend Stocks

A Canadian Stock to Watch as 2026 Kicks Off

| Christopher Liew, CFA

This Canadian stock is perfectly positioned to benefit from the country’s growth plan and infrastructure spending in 2026.

Read more »

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

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

| Aditya Raghunath

Here are undervalued TSX dividend stocks TFSA investors can buy hold in December 2025.

Read more »

Real estate investment concept with person pointing on growth graph and coin stacking to get profit from property
Dividend Stocks

2 Dividend Stocks Worth Owning Forever

| Jitendra Parashar

These dividend picks are more than just high-yield stocks – they’re backed by real businesses with long-term plans.

Read more »

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

3 Top Canadian REITs for Passive Income Investing in 2026

| Chris MacDonald

These three Canadian REITs are excellent options for long-term investors looking for big upside in the years ahead.

Read more »

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

Use Your TFSA to Earn $184 Per Month in Tax-Free Income

| Amy Legate-Wolfe

Want tax-free monthly TFSA income? SmartCentres’ Walmart‑anchored REIT offers steady payouts today and growth from residential and mixed‑use projects.

Read more »

dividends can compound over time
Dividend Stocks

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

| Andrew Walker

This stock still offers a 6% yield, even after its big rally.

Read more »

Safety helmets and gloves hang from a rack on a mining site.
Dividend Stocks

3 Ultra Safe Dividend Stocks That’ll Let You Rest Easy for the Next 10 Years

| Sneha Nahata

These TSX stocks’ resilient earnings base and sustainable payouts make them reliable income stocks to own for the next decade.

Read more »

senior couple looks at investing statements
Dividend Stocks

What’s the Average TFSA Balance for a 72-Year-Old in Canada?

| Amy Legate-Wolfe

At 70, your TFSA can still deliver tax-free income and growth. Firm Capital’s monthly payouts may help steady your retirement…

Read more »

man looks surprised at investment growth
Dividend Stocks

1 Oversold TSX Stock That’s So Cheap, it’s Ridiculous

| Amy Legate-Wolfe

This “boring” utility looks oversold, Fortis’s 50-year dividend growth and regulated cash flows could make today’s price a rare buy…

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

1 Magnificent Canadian Dividend Stock Down 18% to Buy and Hold for Decades

| Andrew Walker

This top TSX energy stock offers an attractive dividend yield and decent upside potential.

Read more »

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

This Cheap REIT Pays Dividends Monthly

| Andrew Button

Killam Apartment REIT (TSX:KMP.UN) pays dividends monthly.

Read more »

Soundhound AI is a leader in voice recognition software
Dividend Stocks

Where Will Telus Stock Be in 5 Years?

| Chris MacDonald

Let's dive into the future outlook for Telus (TSX:T) and whether this former dividend star can return to glory in…

Read more »

person stacking rocks by the lake
Dividend Stocks

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

| Jitendra Parashar

Discover two rock-solid Canadian stocks that could help turn your TFSA into a long-term wealth builder.

Read more »

chatting concept
Dividend Stocks

2 Blue-Chip Stocks to Buy in a TFSA and Hold for Life

| Amy Legate-Wolfe

Two TFSA-ready blue chips offer tax-free compounding, resilient cash flows, and inflation protection for calm, long-term growth.

Read more »

people relax on mountain ledge
Dividend Stocks

What I’d Do With $20K Today to Maximize My Passive Income

| Sneha Nahata

By investing $20K in these high-yield dividend stocks, Canadians can generate a monthly passive income of over $112 per month.

Read more »

dividend growth for passive income
Dividend Stocks

Want to Boost Your Income Each Month? 3 Stocks That Can Help

| Robin Brown

Are you trying to boost your employment income? Here are three dividend stocks that deliver attractive income every single month.

Read more »