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

Concept of multiple streams of income
Dividend Stocks

A Dividend Champion Every Canadian Needs in Their TFSA

| Jitendra Parashar

Consistent cash flows, smart capital discipline, and growing dividends are turning this Canadian energy stock into a true TFSA champion.

Read more »

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

This 8% Dividend Stock Could Be the Ultimate Retirement Hack

| Amy Legate-Wolfe

Firm Capital Property Trust offers a near‑8% monthly yield, diversified real‑estate and mortgage income, and conservative leverage – a steady…

Read more »

shopper pushes cart through grocery store
Dividend Stocks

1 Overlooked TSX Dividend Stock to Buy Now and Hold for Decades

| Chris MacDonald

Could acquisitive Couche-tard shift to a dividend-first strategy and return excess funds to shareholders?

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

3 Canadian Stocks That Deliver Income and Potential Capital Gains

| Amy Legate-Wolfe

These three modest-yielding Canadian dividend stocks combine steady payouts with real growth catalysts that could drive capital gains.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Use Your TFSA to Earn $300 Per Month in Tax-Free Income

| Rajiv Nanjapla

These two monthly-paying dividend stocks with high yields can boost your passive income.

Read more »

monthly calendar with clock
Dividend Stocks

This 5.6% Dividend Stock Pays Me Every Month Like Clockwork

| Sneha Nahata

This 5.6% dividend stock has the ability to sustain it payouts and can help you generate a monthly income of…

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

2 Magnificent TSX Dividend Stocks Trading at a Discount to Buy Now and Own Forever

| Amy Legate-Wolfe

Two under-the-radar TSX dividend stocks offer steady cash flow, durable business models, and undervalued, reliable income potential.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

2 Dividend Stocks to Buy for Lifetime Income

| Demetris Afxentiou

Investors looking to establish a lifetime income stream that continues to grow over time should consider these two gems.

Read more »

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

Buy 305 shares of This Super Dividend Stock for $1,150/Year in Passive Income

| Sneha Nahata

This TSX stock’s steady earnings base and commitment to returning capital to shareholders makes it a must-have in dividend portfolios.

Read more »

dividend stocks bring in passive income so investors can sit back and relax
Dividend Stocks

3 Dividend Stocks That Make Your Money Work Harder So You Don’t Have to

| Amy Legate-Wolfe

These three under-the-radar TSX dividend names offer steady cash flow, high yields, and different strategies to generate reliable income.

Read more »

Canada national flag waving in wind on clear day
Dividend Stocks

3 Canadian Stocks You Can Buy Today and Hold Forever

| Jitendra Parashar

Here are three amazing Canadian stocks with strong fundamentals and consistent performance that make them ideal long-term holdings.

Read more »

coins jump into piggy bank
Dividend Stocks

This Overlooked Dividend Giant Could Fund Your Retirement for Decades

| Amy Legate-Wolfe

Telus pairs a high yield and steady dividend growth with growing tech businesses, making it a potential long-term income cornerstone…

Read more »

Colored pins on calendar showing a month
Dividend Stocks

How I’d Create $117 in Monthly Income With a $20,000 TFSA Investment

| Sneha Nahata

By investing $20,000 and dividing it equally between the two, you could generate around $117 per month in passive income.

Read more »

Map of Canada showing connectivity
Dividend Stocks

This 8.2% Dividend Stock Is a Standout Buy for 2026

| Joey Frenette

Telus (TSX:T) stock looks like a dividend giant worth chasing here.

Read more »

Two seniors float in a pool.
Dividend Stocks

3 Slam-Dunk Dividend Stocks to Buy Now

| Chris MacDonald

Lets's dive into why Fortis (TSX:FTS), Suncor (TSX:SU), and Toronto-Dominion Bank (TSX:TD) are top dividend stocks to buy now.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

TFSA Power Picks: 3 Stocks to Supercharge Your Tax-Free Growth

| Amy Legate-Wolfe

Supercharge your TFSA with three Canadian stocks that blend tax-free income, growth, and diversification for the long term.

Read more »

Canada day banner background design of flag
Dividend Stocks

3 Top Canadian Stocks to Buy for Dividends and Capital Growth

| Andrew Walker

These TSX stocks have increased their dividends annually for decades.

Read more »

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

Down 22% But Still a Perfect Buy for Long-Term Passive Income

| Aditya Raghunath

Down 22% from all-time highs, CNQ is a top dividend stock that offers you a yield of 5.5% in November…

Read more »

dividend growth for passive income
Dividend Stocks

A Lucrative Growth Stock I’d Buy for 2026

| Aditya Raghunath

Gildan Activewear stock is a top TSX stock you can own in 2025, given its steady revenue and earnings growth…

Read more »

Business success of growth metaverse finance and investment profit graph concept or development analysis progress chart on financial market achievement strategy background with increase hand diagram
Dividend Stocks

Long-Term Investing: 2 Stocks That Could Turn $10,000 Into $100,000

| Amy Legate-Wolfe

Do you want to turn $10,000 into $100,000? Cargojet and Brookfield show how scalable businesses, reinvested profits, and patience can…

Read more »

diversification is an important part of building a stable portfolio
Dividend Stocks

What Investors Should Know: These Are the TSX Sectors Holding Strong in 2025

| Amy Legate-Wolfe

TSX strength in 2025 is driven by financials, materials, and industrials, and Hydro One stands out as a steady, undervalued…

Read more »

A meter measures energy use.
Dividend Stocks

This Canadian Utilities Giant Could Be the Ultimate Defensive Play

| Chris MacDonald

Here's why Fortis (TSX:FTS) continues to be one of the top defensive (and offensive) picks on my list right now…

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

4 Under-the-Radar Dividend Stocks With Remarkably Reliable Payouts

| Amy Legate-Wolfe

Four under-the-radar TSX names offer high yields, low valuations, and reliable payouts for income-focused investors.

Read more »

Real estate investment concept
Dividend Stocks

Investing for Income? Consider Alternative Lenders Over Bank Stocks

| Christopher Liew, CFA

Non-banks like MICs are alternative investments to bank stocks for people investing for income.

Read more »

man in business suit pulls a piece out of wobbly wooden tower
Dividend Stocks

1 Undervalued Canadian Stock I’d Buy Right Now

| Aditya Raghunath

Down almost 40% from all-time highs, West Fraser Timber is a TSX dividend stock that offers significant upside potential right…

Read more »

monthly calendar with clock
Dividend Stocks

This 7% Dividend Stock Is My Top Pick for Passive Income

| Sneha Nahata

This TSX-listed stock rewards shareholders with monthly dividends and offers a high and sustainable yield of approximately 7%.

Read more »

data analyze research
Dividend Stocks

A Dividend Stock I’d Buy Over Suncor Energy Right Now

| Aditya Raghunath

QSR has outperformed Suncor Energy over the past decade. Here's why QSR stock is still a better buy in October…

Read more »

Muscles Drawn On Black board
Dividend Stocks

Analysts Have Rated These Canadian Stocks a Strong Buy: Here’s What I Think

| Amy Legate-Wolfe

Analysts are calling two lesser-known Canadian stocks compelling "strong buy" opportunities now.

Read more »

AI concept person in profile
Tech Stocks

Get Smart: Ditch This Crypto Stock for a Rare Tech Gem

| Christopher Liew, CFA

A dividend-paying tech stock is a safer investment option than a high-growth crypto miner.

Read more »

delivery truck drives into sunset
Dividend Stocks

This Canadian Stock Plays a Huge Role in Global Trade Growth

| Amy Legate-Wolfe

TFI International has transformed from a regional trucking firm into a North American logistics powerhouse, trading at value levels while…

Read more »

stocks climbing green bull market
Dividend Stocks

2 Canadian Large-Cap Stocks to Buy for Decades of Growth and Dividends

| Jitendra Parashar

If you’re looking to build a rock-solid portfolio for the next few decades, these two Canadian large caps could be…

Read more »

dividends grow over time
Dividend Stocks

1 Marvellous Canadian Dividend Stock Down 67% to Buy and Hold Right Now

| Aditya Raghunath

Down almost 70% from all-time highs, this small-cap dividend stock offers significant upside potential in 2025.

Read more »

Electricity transmission towers with orange glowing wires against night sky
Dividend Stocks

8.1% Dividend Yield! I’m Buying and Holding This TSX Stock for Decades

| Sneha Nahata

This TSX stocks offers a high yield of 8.1%, one of the highest among Canadian blue-chip stocks, and has a…

Read more »

hand stacks coins
Dividend Stocks

3 Safe Canadian Stocks to Buy Now for Steady Returns

| Rajiv Nanjapla

Given their solid financial performance and healthy growth prospects, these three Canadian stocks are well-positioned to deliver steady returns, regardless…

Read more »

man looks surprised at investment growth
Dividend Stocks

Here Are the 3 Canadian Stocks I’d Tell a New Investor to Buy ASAP

| Amy Legate-Wolfe

Three beginner‑friendly Canadian stocks offer stability, growth, and compounding for long‑term investors.

Read more »

A woman stands on an apartment balcony in a city
Dividend Stocks

2 Canadian REITs That Could Double Your Passive Income

| Amy Legate-Wolfe

CT REIT and RioCan offer dependable monthly REIT income: Canadian Tire‑backed stability versus RioCan’s urban, mixed‑use growth.

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

From $1,000 to $10,000: How This Canadian Stock Could Multiply Your Money

| Amy Legate-Wolfe

XGRO is a low‑cost, set‑and‑forget ETF that lets Canadians turn small savings into long‑term wealth through global diversification and compounding.

Read more »

A plant grows from coins.
Dividend Stocks

How it’s Possible to Turn a $7,000 TFSA Into $70,000

| Amy Legate-Wolfe

Start now: with disciplined contributions, reinvested returns, and a long‑term compounder like Brookfield, $7,000 in a TFSA can realistically grow…

Read more »

Hand Protecting Senior Couple
Dividend Stocks

These Overlooked Stocks Could Be Your Family’s Ticket to Generational Wealth

| Brian Paradza, CFA

Here's why Canadian National Railway (CNR) and EQB stock appear overlooked, and why you may buy them for long-term wealth…

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

Don’t Fall for Timbercreek Financial’s Dividend: Buy This Monthly High-Yield ETF Instead

| Amy Legate-Wolfe

HDIV’s diversified, covered‑call approach delivers high monthly income more sustainably than Timbercreek’s concentrated, loan‑dependent yield.

Read more »