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

TFSA Pension: 3 Top Canadian Dividend Stocks to Start a Self-Directed Retirement Portfolio

| Andrew Walker

These top TSX stocks look cheap today and pay attractive and growing dividends for TFSA investors seeking passive income and…

Read more »

Dividend Stocks

2 Top TSX Stocks to Buy Now and Hold Forever

| Chris MacDonald

Here's why Restaurant Brands (TSX:QSR)(NYSE:QSR) and Royal Bank of Canada (TSX:RY)(NYSE:RY) are stocks to buy now and hold forever.

Read more »

Dividend Stocks

New Investors: 1 Top TSX Stock to Inflation-Proof Your TFSA

| Joey Frenette

BCE (TSX:BCE)(NYSE:BCE) stock has a great dividend and a hidden catalyst that could help propel shares much higher.

Read more »

Dividend Stocks

Beginners: 2 Dividend-Growth Stocks to Buy Now and Hold Forever

| Joey Frenette

CP Rail (TSX:CP)(NYSE:CP) and CIBC (TSX:CM)(NYSE:CM) are intriguing TSX stocks for new investors to hold in their TFSAs for the…

Read more »

Dividend Stocks

5 Top Canadian Stocks for a Lifetime of Passive Income

| Sneha Nahata

Want regular passive income regardless of market conditions? Invest in these five Canadian stocks now.

Read more »

Dividend Stocks

TFSA Passive Income: 1 Great Canadian Dividend Stock That Still Looks Cheap

| Andrew Walker

This top Canadian energy stock pays a great base dividend and is giving investors generous bonus payouts.

Read more »

Dividend Stocks

Have $1,000? 2 Stocks to Buy at the Real Estate Bottom

| Adam Othman

Many real estate stocks offer both dividends and decent growth potential. And if you grab them at a discount, you…

Read more »

Dividend Stocks

3 High-Yield Dividend Stocks to Buy and Hold Forever

| Christopher Liew, CFA

Young and old income investors can sleep easy by holding three high-yield dividend stocks for the long term, if not…

Read more »

Dividend Stocks

1 Under-the-Radar Dividend Stock to Buy for Monthly Passive Income

| Amy Legate-Wolfe

This dividend stock offers investors a whopping 9.02% dividend yield that's remained stable for over a decade.

Read more »

oil and natural gas
Dividend Stocks

Passive Income: 4 TSX Energy Stocks With Incredible Dividends

| Robin Brown

TSX energy stocks are gushing cash. Here are four top stocks to own for a combination passive income and capital…

Read more »

Dividend Stocks

BCE Stock: A Great Pick to Boost Your RRSP Retirement Fund

| Joey Frenette

BCE (TSX:BCE)(NYSE:BCE) stock is a dirt-cheap telecom stock with a huge dividend yield to keep RRSP investors happy.

Read more »

Dividend Stocks

Want Easy Passive Income? These 2 Canadian Dividend Aristocrats Deliver

| Vishesh Raisinghani

Passive income stars like Slate Grocery REIT (TSX:SGR.U) should be on your watch list.

Read more »

stock research, analyze data
Dividend Stocks

RRSP Investors: 1 Cheap TSX Dividend Stock to Buy Now and Own for 35 Years

| Andrew Walker

RRSP investors can still find top TSX dividend stocks to buy at discounted prices.

Read more »

Dividend Stocks

2 of the Safest Stocks (With Dividends) to Buy in Canada Now

| Jitendra Parashar

Here are two of the safest stocks investors in Canada can buy now.

Read more »

Dividend Stocks

2 Top Canadian Value Stocks Worth Buying Right Now

| Chris MacDonald

Here's why Alimentation Couche-Tard (TSX:ATD) and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) are two top value stocks to consider right now.

Read more »

Happy shoppers look at a cellphone.
Dividend Stocks

2 Bargain Stocks You Can Buy Today and Hold Forever

| Chris MacDonald

Here's why Fortis (TSX:FTS)(NYSE:FTS) and Manulife (TSX:MFC)(NYSE:MFC) are two bargain stocks I think are worth considering right now.

Read more »

Dividend Stocks

Passive Income: How Canadian Couples Can Earn $747 Tax-Free per Month for Life

| Andrew Walker

Canadian couples can take advantage of their TFSA contribution space to create a significant stream of tax-free passive income.

Read more »

Dividend Stocks

3 Canadian Dividend Aristocrats to Buy for Passive Income Forever

| Vishesh Raisinghani

Passive-income stocks like BCE (TSX:BCE)(NYSE:BCE) should be on your radar.

Read more »

Dividend Stocks

4 High-Growth Stocks I’d Buy Before the Summer Ends

| Ambrose O'Callaghan

Top growth stocks like Park Lawn Corporation (TSX:PLC) and others are well worth picking up even as the Canadian market…

Read more »

Dividend Stocks

2 Top Canadian Dividend Stocks to Buy Now for a Self-Directed RRSP

| Andrew Walker

RRSP investors can still find top TSX dividend stocks trading at cheap prices to buy for a self-directed portfolio focused…

Read more »

Dividend Stocks

2 Canadian Stocks to Buy With Dividends Yielding More Than 3%

| Jed Lloren

Are you looking for high-yield dividend stocks for your portfolio? Here are two Canadian stocks that yield more than 3%!

Read more »

Dividend Stocks

Earn $15 Passive Income a Day With This 1 Dividend Stock

| Christopher Liew, CFA

Canadians can earn $15 or more in daily passive income from a high-yield dividend stock that’s outperforming the TSX in…

Read more »

Dividend Stocks

3 TSX Growth Stocks That Pay You to Wait

| Kay Ng

Get paid decent dividend income while you wait for price appreciation from this diversified group of TSX growth stocks.

Read more »

a person looks out a window into a cityscape
Dividend Stocks

3 Real Estate Stocks for Cautious Investors

| Adam Othman

If you are worried about investing in real estate in Canada right now, there are quite a few resilient stocks…

Read more »

Dividend Stocks

TFSA Investors: How to Turn $40,000 Into a $740,000 Tax-Free Pension

| Andrew Walker

TFSA investors who buy top dividend stocks and reinvest the payouts can build substantial tax-free wealth.

Read more »

money cash dividends
Dividend Stocks

Create $500 Monthly for Life With These Passive-Income Stocks

| Amy Legate-Wolfe

These three TSX dividend stocks give investors the best shot at long-term income of $500 every single month.

Read more »

Doctor talking to a patient in the corridor of a hospital.
Dividend Stocks

1 U.S. Stock to Buy That Could Make You a Millionaire

| Adam Othman

Even though tech stocks are usually the go-to growth picks in the US stock markets, there are quite a few…

Read more »

Dividend Stocks

My 3 Favourite TSX Dividend Stocks Right Now

| Amy Legate-Wolfe

These dividend stocks have been a favourite for a while, but even more so now that they trade at such…

Read more »

Dividend Stocks

New Investors: The 2 Best Options To Earn Regular Passive Income!

| Andrew Button

You can earn high passive income with dividend stocks like the Toronto-Dominion Bank (TSX:TD)(NYSE:TD).

Read more »

Dividend Stocks

This Canadian 6%-Yielder’s On Sale, But Not for Long!

| Joey Frenette

SmartCentres REIT (TSX:SRU.UN) is a wonderful high-yielding REIT that has a higher yield and lower valuation than most its peers.

Read more »

Dividend Stocks

This 1 Canadian Dividend Stock Could Help You Earn Over $100 Per Week in Passive Income

| Jitendra Parashar

This dividend stock won’t disappoint you if you want to earn reliable passive income in Canada -- equivalent to more…

Read more »

Dividend Stocks

TFSA Passive Income: 2 Monthly Dividend Stocks for Canadian Retirees to Buy Now

| Andrew Walker

Retirees seeking tax-free monthly dividends can now buy high-yield stocks at cheap prices for a TFSA focused on passive income.

Read more »

Dividend Stocks

3 Selloff Stocks That Could Help Set You Up for Life

| Chris MacDonald

Here are three selloff stocks to buy for those who believe that these companies can growth through a rising interest…

Read more »

Dividend Stocks

Passive Income: Get Over $430 in Dividend Income Every Month

| Adam Othman

These two top dividend stocks could provide substantial monthly cash flows to supplement your active income.

Read more »

Dividend Stocks

2 Reasons to Avoid Canadian Tire (TSX:CTC.A) Stock

| Christopher Liew, CFA

An iconic Canadian retailer and Dividend Aristocrat might lose investors due to eroding profitability and higher-than-usual inventory levels.

Read more »

sale discount best price
Dividend Stocks

Screaming Buys: 2 Value Stocks That Increased Their Dividends

| Christopher Liew, CFA

This pair of value stocks are screaming buys following their impressive quarterly results and dividend hikes.

Read more »

Dividend Stocks

2 Oversold TSX Dividend Stocks to Buy for Passive Income

| Andrew Walker

These top TSX stocks look cheap today and pay attractive dividends for a TFSA focused on passive income.

Read more »

Dividend Stocks

Passive Income: Dividends and Deep Value Together in This 1 TSX Stock

| Joey Frenette

Quebecor (TSX:QBR.B) is a telecom underdog that could prove disruptive over the next few years, as it looks to invest…

Read more »

Dividend Stocks

Retirement Wealth: 2 Top TSX Dividend Stocks to Buy for Passive Income and Total Returns

| Andrew Walker

Don't miss these top TSX dividend stocks for a portfolio targeting passive income and total returns.

Read more »

Make a choice, path to success, sign
Dividend Stocks

Passive Income: 2 Top Monthly Dividend Stocks for Beginners in 2022

| Robin Brown

If you want to increase your monthly passive income stream in an easy, affordable manner, check these two top Canadian…

Read more »