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

Better Buy: Telus Stock or TD Bank?

| Andrew Walker

Telecom stocks and bank stocks still trade at discounted prices.

Read more »

Dividend Stocks

3 No-Brainer Stocks to Buy in a Correction

| Amy Legate-Wolfe

These TSX stocks continue to be analyst recommendations that have strong futures and are essential to our daily lives. Oh,…

Read more »

Dividend Stocks

3 Undervalued TSX Giants That Smart Investors Should Load Up on

| Adam Othman

Buying robust and time-tested TSX giants when they are undervalued and holding them long term is an intelligent, wealth-building strategy.

Read more »

Dividend Stocks

2 Rock-Solid TSX Stocks to Build a Foundation of Wealth

| Adam Othman

These two TSX stocks can be excellent investments as foundations of a strong, wealth-building, self-directed portfolio.

Read more »

Dividend Stocks

Income-Seeking Investors: Build Wealth With 2 Top Canadian Dividend Stocks

| Adam Othman

Consider investing in Fortis stock and Scotiabank stock to lock in high-yielding shareholder dividends.

Read more »

Dividend Stocks

Should You Buy Suncor Stock or Enbridge for Passive Income?

| Andrew Walker

Suncor and Enbridge recently announced dividend increases.

Read more »

Dividend Stocks

Better Buy: Loblaw Stock or Metro?

| Christopher Liew, CFA

Risk-averse investors can seek safety in two prominent consumer staples stocks in a defensive sector in this inflationary, volatile market.

Read more »

Dividend Stocks

TFSA Investors: How to Max Out Before the New Year!

| Amy Legate-Wolfe

Investors should try and max out on their TFSA while they can. Here are ways to do that, plus an…

Read more »

Dividend Stocks

Growth or Passive Income? Get Both With This Top TSX Stock

| Amy Legate-Wolfe

This top TSX stock offers growth, income and protection during a potential recession. What's not to love?

Read more »

Dividend Stocks

3 Dividend Stocks to Gift Your Kids This Holiday Season

| Amy Legate-Wolfe

Parents, don't just focus on gifts that eventually end up in the trash. Give the gift of a solid financial…

Read more »

Dividend Stocks

The Smartest Dividend Aristocrats to Buy With $500 Right Now

| Amy Legate-Wolfe

These three Dividend Aristocrats offer value but also huge passive income to lock in while prices still trade so low!

Read more »

protect, safe, trust
Dividend Stocks

3 Anchor Stocks for Steady Stability if There Is a Recession

| Christopher Liew, CFA

If you consider dividends an important part of your total return, three industry leaders should be your anchor stocks.

Read more »

Dividend Stocks

TFSA Investors: 2 Dividend-Paying Mortgage Stocks to Boost Your Income in 2023

| Christopher Liew, CFA

TFSA investors can allocate their new $6,500 contribution limits to two high-yield mortgage stocks to boost their tax-free incomes in…

Read more »

Dividend Stocks

3 TSX Stocks With Dividends That Outpace Inflation

| Jed Lloren

Investors that worry about losing buying power due to inflation could put money into these three stocks! They’re known for…

Read more »

Dividend Stocks

Dividend Seekers: Which of These 3 TSX Energy Stocks Is a Better Buy?

| Vineet Kulkarni

Which is a better bet among TSX energy bigwigs?

Read more »

Dividend Stocks

3 Top Value Stocks to Buy in December 2022

| Aditya Raghunath

Stocks such as Bank of Montreal and NFI Group are trading at attractive and cheap valuations in 2022.

Read more »

Dividend Stocks

1 Oversold Dividend Stock I’d Buy in December 2022

| Jitendra Parashar

Here’s one of the best Canadian dividend stocks to buy in December that I find undervalued.

Read more »

Make a choice, path to success, sign
Dividend Stocks

Algonquin Power Stock: Time to Buy or Buyer Beware?

| Robin Brown

Algonquin Power stock has a massive 9.5% dividend yield. It looks appealing, but is it time to buy or beware?

Read more »

Dividend Stocks

2 Top TSX Stocks to Buy Now for TFSA Passive Income

| Andrew Walker

Stocks with good dividend growth are now on sale for investors seeking passive income.

Read more »

Dividend Stocks

2 TSX Stocks to Buy in December for Passive Income

| Daniel Da Costa

These two TSX dividend stocks are some of the best to buy today and can offer years of growing passive…

Read more »

Dividend Stocks

2 High-Yield Dividend Stocks You Could Hold for Years

| Jitendra Parashar

You can consider adding these two large-cap Canadian dividend stocks to your portfolio now to hold for the long term.

Read more »

Dividend Stocks

How to Turn a $10,000 TFSA or RRSP Into $415,000 for Retirement

| Andrew Walker

This investing strategy has made some patient investors quite rich.

Read more »

Dividend Stocks

3 Essential Stocks I’d Buy No Matter the Price

| Amy Legate-Wolfe

These essential stocks aren't just good options right now; they're stable choices for decades for investors looking to set up…

Read more »

Dividend Stocks

TFSA Investors: Buy and Forget This Top Oversold Dividend Stock

| Amy Legate-Wolfe

This dividend stock has seen shares collapse this year, with a poor year expected. But does that mean it's a…

Read more »

Dividend Stocks

Income Investors: 2 Cheap Dividend Stocks With 5% Yields

| Andrew Walker

These top TSX dividend stocks still look undervalued.

Read more »

Dividend Stocks

Better Buy: BCE Stock or Enbridge?

| Andrew Walker

BCE and Enbridge pay growing dividends with high yields. Is one more attractive today?

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

2 Unstoppable Dividend Stocks to Load Up in Your TFSA

| Amy Legate-Wolfe

These two dividend stocks provide long-term passive income that comes out every month, thanks to lease agreements lasting over a…

Read more »

Dividend Stocks

Everyone is Talking About Barrick Gold Stock: Should You Buy?

| Vineet Kulkarni

Barrick Gold stock has lost 32% since April, underperforming the yellow metal.

Read more »

Dividend Stocks

TFSA: Invest $25,000 and Get $241,157 + $136/Month in Passive Income

| Jitendra Parashar

Here’s one of the best Canadian monthly dividend stocks that could help you earn passive income for decades to come.

Read more »

Dividend Stocks

Earn $5,000/Year in Passive Income With These Top Canadian Stocks

| Robin Brown

Looking for an easy way to earn $5,000 in annual passive income? These three large-cap dividend stocks could help you…

Read more »

A plant grows from coins.
Dividend Stocks

3 Dividend-Growth Stocks That Could Surge up to 33% in 2023

| Aditya Raghunath

Dividend stocks on the TSX, such as Brookfield Renewable Partners, have the potential to generate double-digit returns to investors in…

Read more »

Dividend Stocks

3 Smart Monthly Dividend Stocks to Buy for Tax-Free Passive Income in 2023

| Aditya Raghunath

Top TSX stocks such as Pembina Pipeline pay investors a monthly dividend and can also deliver outsized gains in 2023.

Read more »

Dividend Stocks

2 Ultra-High Dividend Stocks With Once-in-a-Decade Low Prices

| Puja Tayal

Buying dividend stocks at decade-low prices can give you long-term passive income and capital growth. Don’t miss this opportunity.

Read more »

Dividend Stocks

3 Buy-and-Hold Dividend Stocks With Enormous Long-Term Potential

| Robin Brown

Looking for top dividend stocks to buy and hold for the long term? These three TSX stocks have enormous upside…

Read more »

Dividend Stocks

Get Set for Success in 2023 With 3 Top Canadian Dividend Stocks

| Robin Brown

Here are three Canadian dividend stocks that could be set to succeed.

Read more »

data analyze research
Dividend Stocks

Passive Income + Value: 2 Dividend Studs to Buy Together

| Joey Frenette

Buy and hold Agnico Eagle Mines (TSX:AEM) and another steady dividend payer right here.

Read more »

Dividend Stocks

3 Ultra-High-Yield Dividend Stocks to Buy Before November Ends

| Rajiv Nanjapla

Given their high dividend yields and attractive valuations, these three stocks are excellent buys for income-seeking investors.

Read more »

money cash dividends
Dividend Stocks

3 Great Dividend Stocks You Can Buy for Less Than $100

| Sneha Nahata

These under-$100 stocks can generate solid passive income for investors amid all market conditions.

Read more »

Canadian stocks are rising
Dividend Stocks

1 Dividend-Growth Stock You Won’t Want to Miss in the Real Estate Sector

| Christopher Liew, CFA

A growth-oriented REIT is a strong buy today after raising its dividend by more than 5% in each of the…

Read more »

Dividend Stocks

Better Buy: Emera Stock vs. Hydro One

| Kay Ng

Higher-risk utility Emera should provide higher returns over the next five years, given the dip and its higher yield.

Read more »