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

stock research, analyze data
Dividend Stocks

TFSA Million-Dollar Blueprint: The Only Canadian Stock You’ll Need

| Amy Legate-Wolfe

Want a million-dollar TFSA? Then this dividend stock is your best option.

Read more »

four people hold happy emoji masks
Dividend Stocks

5.6% Yield: This Canadian Dividend Stock is Safer Than Government Bonds

| Kay Ng

If your time horizon is at least five years, solid dividend stocks may be a safer and smarter alternative to…

Read more »

A red umbrella stands higher than a crowd of black umbrellas.
Dividend Stocks

Is Sun Life Financial a Buy?

| Andrew Walker

Sun Life plunged after reporting the Q2 results. Is the stock now oversold?

Read more »

A plant grows from coins.
Dividend Stocks

Copper Price Changes: 1 Magnificent Copper Stock to Buy

| Adam Othman

Even if it’s not the rare yellow metal it focuses on, this Canadian metals and mining stock might be an…

Read more »

senior man and woman stretch their legs on yoga mats outside
Retirement

3 Canadian Dividend Stocks Practically Every Retiree Should Own

| Kay Ng

All three dividend stocks are solid candidates for retirement portfolios focused on passive income, though it would be safer to…

Read more »

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

10.5% Yield! I’m Buying This Dividend Stock and Holding for Decades

| Amy Legate-Wolfe

This dividend stock is a strong monthly investment for investors looking for consistent cash flow.

Read more »

happy woman throws cash
Dividend Stocks

2 Wealth-Building Dividend Stocks to Buy With $200 Right Now

| Sneha Nahata

With the combination of dependable income and capital appreciation potential, these TSX dividend stocks can help build wealth over time.

Read more »

Happy shoppers look at a cellphone.
Dividend Stocks

A 7% Dividend Stock Paying Cash Every Single Month? SmartCentres Can Deliver

| Amy Legate-Wolfe

This dividend stock pays out almost constantly, so let's look at why investors may want to consider it.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Transform Your $7,000 TFSA Contribution Into a Wealth-Building Machine

| Amy Legate-Wolfe

Are you looking to turn your TFSA contribution into killer cash? Then these three are strong options.

Read more »

worker holds seedling in soybean field
Dividend Stocks

Is Nutrien a Buy?

| Daniel Da Costa

Although Nutrien is one of the highest-quality companies in Canada, does that mean you should buy the stock today?

Read more »

delivery truck leaves shipping port terminal
Dividend Stocks

1 Dividend Stock Down 37% YTD to Buy for Lifetime Income

| Amy Legate-Wolfe

Not all dividend stocks that are down are worth ignoring, especially this one.

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

6% Dividend Yield! This Cash Cow Never Stops Producing

| Chris MacDonald

top dividend stocks I continue to come back to for investors seeking not only a meaningful up-front yield, but also…

Read more »

Canada day banner background design of flag
Dividend Stocks

4 Top Canadian Stocks I’d Buy for Dividends and Capital Growth

| Amy Legate-Wolfe

If you're looking for dividend stocks to set and forget, these four are a great place to start.

Read more »

Canadian Dollars bills
Dividend Stocks

Want Decades of Passive Income? Buy and Hold These 3 Canadian Stocks

| Amy Legate-Wolfe

It doesn't take a lot to create passive income long term. Even just three stable Canadian stocks can help.

Read more »

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

Is Enbridge a Buy?

| Daniel Da Costa

Although Enbridge might be one of the largest and most popular stocks in Canada, here's what to consider before you…

Read more »

Investor reading the newspaper
Dividend Stocks

Great News for Brookfield Stock Investors

| Andrew Button

Brookfield Renewable Partners (TSX:BEPC)(TSX:BEP.UN) will be supplying hydro power to one of the world's biggest tech companies.

Read more »

alcohol
Dividend Stocks

Could Fortis Stock Help You Retire a Millionaire?

| Daniel Da Costa

Here's why Fortis is a stock that every Canadian investor should consider buying now and holding for years to come.

Read more »

woman looks out at horizon
Dividend Stocks

2 Stocks to Ease Your Worry About Running Out of Money in Retirement

| Sneha Nahata

These Canadian dividend stocks can help you enjoy retirement with more confidence and less worry about running out of money.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

How to Turn $7,000 in TFSA Cash Into a Money-Making Machine

| Amy Legate-Wolfe

If you're still wondering where to put that $7,000 in cash, these two stocks belong at the top of your…

Read more »

how to save money
Dividend Stocks

Is TELUS a Buy?

| Andrew Walker

Telus is up 13% this year. Are more gains on the way?

Read more »

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

1 Practically Perfect Canadian Stock Down 26% to Buy Now for Lifelong Income

| Amy Legate-Wolfe

Just because a stock is down, doesn't mean you should count it out -- especially this one.

Read more »

Piggy bank in autumn leaves
Dividend Stocks

Want Year-Round Income? 2 Dividend Stocks Paying Consistently

| Kay Ng

Get passive income year round by focusing on the quality and long-term reliability of the businesses behind the payouts.

Read more »

Forklift in a warehouse
Dividend Stocks

How I’d Create $250 in Monthly Income With a $51,750 TFSA Investment

| Amy Legate-Wolfe

This dividend stock remains one of the best options for investors looking for stable passive income each and every month.

Read more »

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

1 Magnificent Canadian Utility Stock Up 16% to Buy and Hold Forever

| Demetris Afxentiou

Looking for a magnificent Canadian utility stock to line your portfolio? Look no further than this income-producing gem.

Read more »

buildings lined up in a row
Dividend Stocks

How I’d Structure My TFSA With $10,000 for Consistent Monthly Income

| Amy Legate-Wolfe

If you're looking for passive income long term, then consider these two right now!

Read more »

iceberg hides hidden danger below surface
Dividend Stocks

Should You Buy Manulife While It’s Below $46?

| Amy Legate-Wolfe

Manulife stock may be down from its 52-week highs, but don't let that keep you from investing.

Read more »

dividend growth for passive income
Dividend Stocks

The Ultimate Growth Stock to Buy With $2,000 Right Now

| Daniel Da Costa

Here's why this growth stock, trading below its historical average, is one of the best investments you can buy today.

Read more »

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

OpenText Stock Just Raised its Dividend: Is Now the Time to Buy?

| Amy Legate-Wolfe

OpenText stock not only released strong earnings but increased its dividend for today's investors!

Read more »

customer uses bank ATM
Dividend Stocks

5.4% Monthly Canadian Cash Flow! This Dividend Stock Is My Personal ATM

| Kay Ng

Northland Power offers nice monthly income and could work as a satellite holding and a personal ATM to help pay…

Read more »

hand stacks coins
Dividend Stocks

How I’d Invest $100,000 in Canadian Dividend Stocks

| Demetris Afxentiou

Canadian dividend stocks can provide a growing source of income in any portfolio. Here's where I would invest $100,000 today.

Read more »

ways to boost income
Dividend Stocks

How to Generate Serious Passive Income Starting With Just $21,000

| Joey Frenette

Here's one investment I'd check out if you want more income without having to pursue payouts that are not well-covered…

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

How to Grow $20K Into a Lifetime of Passive Income

| Sneha Nahata

An investment of $20,000 in this high-yield TSX stock could produce roughly $1,150.48 in annual passive income right now.

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

TFSA: 2 Income Stocks That Pay Monthly Cash

| Amy Legate-Wolfe

The healthcare sector is one of the best places to invest, especially for long-term dividends.

Read more »

a person watches stock market trades
Dividend Stocks

Is Intact Financial Stock a Buy?

| Aditya Raghunath

Intact Financial is a blue-chip TSX dividend stock that should offer steady returns to shareholders over the next 18 months.

Read more »

dividends can compound over time
Dividend Stocks

Does Paramount Resources Really Have a 20% Ridiculously High Dividend Yield?

| Andrew Button

Paramount Resources (TSX:POU) once had a very high dividend yield. Does it still have one?

Read more »

monthly calendar with clock
Dividend Stocks

Get Paid Every Month: 2 High-Yield Stocks to Power Your Portfolio

| Sneha Nahata

These high-yield dividend stocks can power your portfolio with reliable monthly dividend income.

Read more »

coins jump into piggy bank
Dividend Stocks

Change Your Bank Account From Embarrassing to Enviable With These Dividend Stocks

| Demetris Afxentiou

Looking to give your bank account a lift? Here's a trio of dividend stocks that will boost your income in…

Read more »

Train cars pass over trestle bridge in the mountains
Dividend Stocks

CN Railway Was the First Stock I Ever Bought: Here’s How it Turned Out

| Andrew Button

Canadian National Railway (TSX:CNR) was the first stock I bought in my current portfolio.

Read more »

people relax on mountain ledge
Dividend Stocks

Want to Give Your Family the Financial Security You Never Had Growing Up? 2 Stocks to Help

| Jitendra Parashar

These two Canadian stocks offer the balance of reliable income and long-term growth that could strengthen your family’s financial future.

Read more »

some REITs give investors exposure to commercial real estate
Dividend Stocks

BCE Stock: Is the Reduced 5.2% Dividend Yield Really Safe?

| Amy Legate-Wolfe

After a dividend cut and poor performance, what should investors consider for BCE stock?

Read more »