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

dividends can compound over time
Dividend Stocks

This Dividend Stock Feels Like a Paycheque That Never Ends

| Amy Legate-Wolfe

Imagine a monthly paycheque from your portfolio—here's why monthly dividend payer Slate Grocery REIT (TSX:SGR.UN) deserves a look.

Read more »

top TSX stocks to buy
Dividend Stocks

3 Canadian Stocks That Could Turn $20,000 Into $200,000

| Amy Legate-Wolfe

Do you want to turn $20,000 into $200,000? Use a clear time horizon, an asset mix, and disciplined reinvesting to…

Read more »

A meter measures energy use.
Dividend Stocks

This Boring Utility Stock Could Build Generational Wealth

| Jitendra Parashar

This top Canadian utility stock has been boosting dividends, stacking contracts, and buying assets that could fuel years of growth.

Read more »

Man meditating in lotus position outdoor on patio
Dividend Stocks

3 No-Brainer Stocks to Buy With $7,000

| Christopher Liew, CFA

Three TSX stocks are no-brainer buys if you want to get the most out of your $7,000 investment.

Read more »

earn passive income by investing in dividend paying stocks
Dividend Stocks

2 Canadian Dividend Stocks That Pay You to Wait

| Robin Brown

Like undervalued stocks and don't mind collecting a nice dividend yield while you wait? Check out these two quality Canadian…

Read more »

An investor uses a tablet
Dividend Stocks

2 Magnificent TSX Dividend Stocks Down 14% and 10% to Buy and Hold Forever

| Andrew Walker

These discounted TSX stocks have long track records of delivering steady dividend growth.

Read more »

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

How to Build a $100,000 Portfolio That Pays You Monthly

| Andrew Button

Killam Apartment REIT (TSX:KMP.UN) pays dividends monthly.

Read more »

Colored pins on calendar showing a month
Dividend Stocks

How I’d Build $500 in Monthly Income With Just 3 Canadian Stocks

| Amy Legate-Wolfe

Want $500 a month from TSX dividends? Here’s a simple mix of monthly payers to build steady income.

Read more »

3 colorful arrows racing straight up on a black background.
Dividend Stocks

The Dividend Stock That Could Keep Beating Inflation

| Aditya Raghunath

Definity Financial is a TSX dividend stock that should enable investors to generate inflation-beating returns.

Read more »

person stacking rocks by the lake
Dividend Stocks

3 Canadian Dividend Stocks That Can Pay You Forever

| Amy Legate-Wolfe

Want dependable income? These three Canadian dividend stocks offer high yields backed by cash flow and disciplined management.

Read more »

man looks worried about something on his phone
Dividend Stocks

Why BCE Stock Slumped 2.3% Tuesday

| Andrew Button

BCE Inc (BCE) slumped 2.3% on Tuesday. Here's why.

Read more »

doctor uses telehealth
Dividend Stocks

Down 57%, This is Still the Best Lifetime Dividend Stock to Buy

| Amy Legate-Wolfe

NorthWest Healthcare REIT’s big price drop masks a global portfolio of long-term medical properties and a 7.3% yield that could…

Read more »

woman looks out at horizon
Dividend Stocks

3 Canadian Stocks You Can Buy Today and Hold Forever

| Adam Othman

Here are three top picks if you’re in the market for reliable investments you can buy and hold forever in…

Read more »

people relax on mountain ledge
Dividend Stocks

Why This Dividend Stock Could Double Your OAS Payments

| Amy Legate-Wolfe

Want to boost modest OAS payments? Learn how dividend stocks in tax-advantaged accounts can help you double that income over…

Read more »

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

Want to Build Real Wealth? Start With These 2 Long-Term TSX Picks

| Jitendra Parashar

If you’re serious about building long-term wealth, these two TSX stocks could be solid picks to start with.

Read more »

Muscles Drawn On Black board
Dividend Stocks

3 Slam-Dunk Dividend Stocks to Buy Now

| Demetris Afxentiou

Some of the best dividend stocks to buy are those that we interact with daily. Here’s a trio you’re likely…

Read more »

hand stacks coins
Dividend Stocks

3 Wealth-Building Dividend Stocks to Buy With $3,000 Right Now

| Rajiv Nanjapla

These three top dividend stocks could help in building wealth over the long term.

Read more »

the word REIT is an acronym for real estate investment trust
Dividend Stocks

2 Top Canadian REITs for Building Reliable Income

| Adam Othman

Generate a reliable monthly passive income by investing in these two Canadian REITs and holding them in your self-directed investment…

Read more »

Concept of rent, search, purchase real estate, REIT
Dividend Stocks

This Canadian REIT Could Be the Safest Income Play on the TSX

| Aditya Raghunath

Investing in blue-chip REITs such as Killam can help you generate a steady stream of passive income in 2025 and…

Read more »

Hourglass projecting a dollar sign as shadow
Dividend Stocks

A Decade of (GROWING) Passive Income: 2 Canadian Dividend Stocks to Buy Now

| Robin Brown

Do you want to hold dividend stocks with a great track record of total returns? Here are two top dividend-growth…

Read more »

Piggy bank with word TFSA for tax-free savings accounts.
Dividend Stocks

How I’d Bridge to CPP With TFSA Income

| Aditya Raghunath

TFSA investors should supplement their CPP payout with quality high-dividend stocks such as Alvopetro Energy in 2025.

Read more »

Hourglass and stock price chart
Dividend Stocks

2 Top Canadian Dividend Stocks to Buy Before the Next Market Decline

| Robin Brown

It is impossible to time the next drawdown. So, it is wise to stay mostly invested. These two stocks can…

Read more »

ways to boost income
Dividend Stocks

1 Oversold Canadian Stock Down 30% That I’d Buy for Decades of Income

| Amy Legate-Wolfe

Thinking a beaten-down dividend stock could pay for decades? Learn how to spot oversold income winners and why Fiera Capital…

Read more »

a person watches stock market trades
Dividend Stocks

How to Pick Canadian Stocks That Do More Than Just Trend Up

| Amy Legate-Wolfe

Do you want stocks that earn their gains instead of riding hype? Learn how to spot durable Canadian stocks and…

Read more »

money goes up and down in balance
Dividend Stocks

The Best Discounted Stocks on the TSX to Snap Up Now

| Andrew Button

Suncor Energy (TSX:SU) is a discounted stock worth owning.

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

Turn Your TFSA Into A $1,000/Month Dividend Machine

| Puja Tayal

Uncover the best strategies for finding dividend stocks in Canada that prioritize consistent payouts over capital appreciation.

Read more »

Colored pins on calendar showing a month
Dividend Stocks

3 Stocks That Pay Substantial Cash Every Month

| Rajiv Nanjapla

These three monthly paying dividend stocks with high yields could deliver healthy passive income.

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

The Trusty Dividend Stocks That Earn Their Keep

| Amy Legate-Wolfe

Want dependable income? These two Canadian dividend stocks offer stable payouts and growth without chasing risky high yields.

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

5.6% Dividend Yield! I’m Buying This TSX Stock and Holding for Decades

| Sneha Nahata

This high-yield TSX stock has delivered over 70 consecutive years of dividend payments and 30 straight years of dividend increases.

Read more »

dividends grow over time
Dividend Stocks

How it’s Possible to Turn a $7,000 TFSA Into $50,000

| Christopher Liew, CFA

A $7,000 TFSA can grow to $50,000 with a high-yield stock and dividend reinvesting for tax-free money growth.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

How to Use $10,000 to Transform Your TFSA Into a Cash Pumping Machine

| Sneha Nahata

An investment of $10,000 could generate $58.39 per month or over $700 per year in tax-free passive income.

Read more »

monthly calendar with clock
Dividend Stocks

This 9% Dividend Stock Is Practically Free Money Every Month

| Amy Legate-Wolfe

Think the phone book’s dead? Yellow Pages now sells digital marketing subscriptions with a big yield, but declining sales raise…

Read more »

Income and growth financial chart
Dividend Stocks

This Stock Is Reaching New All-Time Highs and it’s Not Slowing Down Anytime Soon

| Andrew Button

Fairfax Financial Holdings (TSX:FFH) is setting new all-time highs.

Read more »

Canadian Dollars bills
Dividend Stocks

  How I’d Create $280 in Monthly Income With a $60,000 TFSA Investment

| Robin Brown

Are you looking for an income boost? Here's a four-stock portfolio you can use in your TFSA to earn $280…

Read more »

Canadian dollars are printed
Dividend Stocks

Investors: How to Turn $20K Into a Cash Flow Machine

| Sneha Nahata

Investing in these dividend-paying stocks with steady payouts and high and sustainable yields can help generate significant cash.

Read more »

Canadian Dollars bills
Dividend Stocks

From $5,000 to $50,000: How Long-Term Investors Could Win Big With This TSX Stock

| Kay Ng

Brookfield is a wonderful business at a fair price today. It deserves to be at least on your radar.

Read more »

dividends grow over time
Dividend Stocks

These 2 Stocks Are Boring Today But Could Make You Rich by 2035

| Jitendra Parashar

If you’re tired of chasing hype and ready for stable long-term returns, you can consider these two overlooked Canadian stocks.

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

2 Screaming Buy TSX Stocks I’d Hold for the Next 20 Years

| Christopher Liew, CFA

These two TSX income stocks that you can hold for 20 years are screaming buys today.

Read more »

woman checks off all the boxes
Dividend Stocks

Here Are Some of the Best Blue-Chip Stocks in Canada to Buy Today

| Tony Dong, MSc, CETF®

This dividend-growth ETF captures the best of the TSX with monthly payouts and a temporary 0% management fee.

Read more »

A plant grows from coins.
Dividend Stocks

This Overlooked Stock Could Jumpstart Your Family’s Generational Wealth

| Andrew Button

EQB (TSX:EQB) is an overlooked bank with a lot of potential.

Read more »