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

Dividend Stocks

Amid Volatility, Here’s How to Earn $435/Month in Tax-Free Income

| Sneha Nahata

These TSX stocks offer a dividend yield of 6.4%, which is well protected and can be easily relied upon.

Read more »

Dividend Stocks

TFSA Investors: 2 Top Oversold TSX Dividend Stocks to Buy in the Current Market Correction

| Andrew Walker

The market correction is giving TFSA investors a chance to buy top TSX dividend stocks at cheap prices.

Read more »

Dividend Stocks

Capture a 6.31% Dividend Yield With This Top REIT

| Adam Othman

Real estate investing is not impossible, despite the high prices, because you can earn big with real estate investment trusts…

Read more »

Dividend Stocks

Looking for Growth? 2 Dividend-Growth Stocks to Buy Now!

| Daniel Da Costa

With the economy struggling, growth is difficult to find. However, these two dividend-growth stocks are some of the best to…

Read more »

Dividend Stocks

Is Canaccord Genuity (TSX:CF) a Buy at the 47% Discount?

| Adam Othman

Identifying when a stock is as discounted as it will be in the current bear run can be challenging. But…

Read more »

Dividend Stocks

3 Long-Term Holdings for Your Registered Accounts

| Adam Othman

Many beginner stock investors start within their registered accounts and can be held for decades thanks to their consistently strong…

Read more »

Dividend Stocks

Retirees: 2 Oversold TSX Dividend Stocks to Buy for Monthly TFSA Passive Income

| Andrew Walker

Retirees can get monthly dividends and high yields from top TSX stocks now trading at cheap prices.

Read more »

Dividend Stocks

Retirees: Here’s Why Enbridge (TSX:ENB) Is a Must-Have for Passive Income

| Sneha Nahata

Enbridge offers an attractive dividend yield. Further, its payouts are well protected and sustainable in the long term.

Read more »

Dividend Stocks

Worried About a Correction? Buy These 3 Stocks

| Jed Lloren

It’s normal to expect a correction from time to time. Instead of panicking, buy these three stocks.

Read more »

Dividend Stocks

TSX Market Correction: Should RRSP Investors Buy Dividend Stocks Now?

| Andrew Walker

Top dividend stocks with high yields still look attractive, even as GIC rates rise.

Read more »

Dividend Stocks

1 Oil Stock Advanced Despite the Sector’s 3% Decline

| Christopher Liew, CFA

One oil stock showed its resiliency by advancing amid the TSX’s correction and energy sector’s decline to start the week.

Read more »

Dividend Stocks

3 TSX Stocks I’ll Hold Even in a Market Correction

| Amy Legate-Wolfe

These three TSX stocks are set up to create passive income for my long-term portfolio, with all but assured growth…

Read more »

analyze data
Dividend Stocks

2 Top Dividend Stocks I’m Eyeing in This Market Correction

| Kay Ng

Buy a basket of dividend stocks driven by great businesses during market corrections and hold for at least five years.

Read more »

money cash dividends
Dividend Stocks

Got $1,000? Create a Passive-Income Portfolio Primed for Retirement

| Amy Legate-Wolfe

If you have $1,000 to spare, this passive-income stock can help create a massive portfolio by the time you reach…

Read more »

Dividend Stocks

2 Dividend Stocks Yielding 5% for Stable Passive Income and Growth

| Nicholas Dobroruka

Dividend stocks are a great way to build a passive-income stream in today’s volatile market conditions.

Read more »

Dividend Stocks

3 Incredibly Cheap Dividend Stocks to Buy Today

| Robin Brown

There are plenty of top-quality TSX dividend stocks on sale today! Here's three stocks that are looking incredibly cheap!

Read more »

woman analyze data
Dividend Stocks

Market Correction: 2 Cheap TSX Dividend Stocks for TFSA Investors

| Andrew Walker

These top TSX dividend stocks offer high yields and growing payouts for TFSA investors seeking passive income.

Read more »

Dividend Stocks

Dividends Aren’t Guaranteed, Yet 3 TSX Stocks Keep Raising Payouts

| Christopher Liew, CFA

No company will guarantee dividend payments, but three TSX Dividend Aristocrats will not break their dividend-growth streaks.

Read more »

Dividend Stocks

Bear Market: When Are Stocks “Cheap” Enough?

| Kay Ng

Investors may wait for a bigger discount before buying stocks in a bear market. Here are other factors that can…

Read more »

Dividend Stocks

3 TSX Energy Stocks With Outstanding Dividend Growth

| Robin Brown

Oil just hit US$120 per barrel, and cash returns are heating up. Here are three TSX energy stocks with outstanding…

Read more »

Man data analyze
Dividend Stocks

Prepare for Stagflation: 4 Stocks Offering Stable Monthly Income

| Puja Tayal

As your income struggles to cope with rising expenses, you need another source of stable income. Dividend stocks offer you…

Read more »

Dividend Stocks

Retirement Investors: 2 Oversold TSX Dividend Stocks to Buy on the Pullback

| Andrew Walker

Buying top dividend-growth stocks on dips can deliver strong total returns for patient TFSA and RRSP investors.

Read more »

data analyze research
Dividend Stocks

Navigating the Correction: Start Buying These 3 Dividend Stocks

| Jed Lloren

With the state of the market, investors should focus on dividend stocks. Here are three top picks.

Read more »

Make a choice, path to success, sign
Dividend Stocks

Crypto Crash: 2 Top TSX Dividend Stocks to Buy Instead of Bitcoin

| Andrew Walker

Boring TSX dividend stocks are looking pretty good right now after the cryptocurrency meltdown.

Read more »

Dividend Stocks

Is a Housing Market Correction on the Horizon in Canada?

| Adam Othman

While a full-blown housing crash might not happen, a significant downward correction could be on the horizon.

Read more »

Dividend Stocks

Get a Monthly Dividend Cheque: Buy These 5 TSX Stocks Now

| Sneha Nahata

Receive a monthly dividend cheque by investing in these TSX stocks.

Read more »

Dividend Stocks

Got $500? Turn it Into a $1,000/Year Passive-Income Machine

| Amy Legate-Wolfe

Canadian investors can create a $1,000-per-year passive-income portfolio by remaining consistent and using this Dividend King.

Read more »

Dividend Stocks

1 Top Undervalued Stock for Your TFSA Portfolio

| Adam Othman

This stock could be a worthwhile addition to your TFSA if you want to bank on undervalued stocks.

Read more »

Dividend Stocks

The Feds’ 0.75% Hike Is Likely as Jobless Rate Falls to Record Low  

| Christopher Liew, CFA

The drop in the unemployment rate to a new record low could prompt the Bank of Canada to implement a…

Read more »

Dividend Stocks

TFSA Investors: Top Dividend Stocks to Sail Through a Possible Recession

| Joey Frenette

Royal Bank of Canada (TSX:RY)(NYSE:RY) is a blue-chip dividend stud that TFSA investors may wish to top up, as recession…

Read more »

Dividend Stocks

3 Stable REITs for Growth and Passive Income in 2022

| Amy Legate-Wolfe

These three real estate investment trusts are some of the most solid investments on the TSX today for long-term passive…

Read more »

Dividend Stocks

2 Real Estate Stocks to Buy as the Sector Responds to the Housing Market

| Adam Othman

The real estate sector of the TSX is suffering as a whole, but the discount tag of residential stocks and…

Read more »

Dividend Stocks

Value Investors: 2 TSX Stocks Deserve Serious Attention

| Christopher Liew, CFA

Two TSX stocks are exciting picks that deserve serious attention from value investors.

Read more »

Dividend Stocks

3 TSX Stocks to Create $345 in Monthly Passive Income

| Amy Legate-Wolfe

These inflation-fighting TSX stocks are the perfect option for long-term passive income of $345 per month.

Read more »

Dividend Stocks

Young Investors: 3 Dividend Stocks to Own Forever

| Ambrose O'Callaghan

Young investors can chase stability in a turbulent market with dependable dividend stocks like Hydro One Ltd. (TSX:H) and others.

Read more »

Dividend Stocks

Rising Inflation: Boost Your Passive Income With These 3 High-Yielding Dividend Stocks

| Rajiv Nanjapla

These three high-yielding dividend stocks could boost your passive income, thus lowering the impact of the rising prices.

Read more »

Dividend Stocks

2 Undervalued TSX Dividend Stocks With Growing Payouts

| Andrew Walker

These cheap TSX stocks are raising their dividends.

Read more »

Dividend Stocks

More Rate Hikes in 2022 Could Cause a Steep Drop in Home Prices

| Christopher Liew, CFA

The aggressive rate hikes by the Bank of Canada could bring down home prices but lead the country into a…

Read more »

Dividend Stocks

1 of the Best Passive-Income Stocks to Buy This Week

| Jitendra Parashar

While it’s not recession-proof, buying this REIT stock now could help you keep getting handsome passive income.

Read more »

Dividend Stocks

Afraid to Buy an Investment Property? Buy This REIT Instead

| Adam Othman

Consider investing in this REIT if you want to gain exposure to the housing market but do not have the…

Read more »