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

Should You Follow Billionaires Into Railroad Stocks?

| Andrew Button

Billionaires are betting big on railroad stocks like Canadian National Railway (TSX:CNR)(NYSE:CNI).

Read more »

Tech Stocks

3 Cheap (Under-$20) Canadian Stocks to Buy in September 2021

| Sneha Nahata

These stocks are trading cheap, are well within investors’ reach, and remain well positioned to deliver solid returns in the…

Read more »

stock research, analyze data
Dividend Stocks

The Best Reopening Stock on the TSX?

| Joey Frenette

Restaurant Brands International (TSX:QSR)(NYSE:QSR) is a dirt-cheap Canadian stock that investors should buy for a reopening

Read more »

Dividend Stocks

2 Best TSX Bank Stocks to Buy Today

| Adam Othman

Scotiabank stock and the Royal Bank of Canada stock are the best stock picks for new Canadian investors looking to…

Read more »

Dividend Stocks

Time to Get Greedy With Canadian Bank Stocks?

| Joey Frenette

TD Bank (TSX:TD)(NYSE:TD) isn't just one of the cheapest Canadian banks, it's also one of the best-looking dividend stocks on…

Read more »

Dividend Stocks

2 Must-Own Stocks if You Think the Market Will Tank

| Adam Othman

Algonquin Power & Utilities stock and BCE Inc. stock are must-own stocks if you are worried about a market downturn.

Read more »

Dividend Stocks

The 2 Best Canadian Stocks to Buy While They’re Still Cheap

| Nicholas Dobroruka

Canadian stock prices are soaring and so are valuations. Here are two top TSX picks that you can buy at…

Read more »

Dividend Stocks

The 3 Best Dividend Aristocrats to Buy Under $100

| Sneha Nahata

These companies are Dividend Aristocrats, implying they have consistently paid and increased their dividends for a very long period.

Read more »

Dividend Stocks

3 Dividend Stocks to Buy if You’re Worried About a Stock Market Pullback

| Jed Lloren

Are you interested in bolstering your portfolio with solid dividend stocks? Here are three top picks if you’re worried about…

Read more »

Caution, careful
Dividend Stocks

3 Ways a Market Pullback Could Ruin Your Investments

| Christopher Liew, CFA

Investors fear a market crash, because it ruins investments in more ways than one. However, you can minimize risks and…

Read more »

Dividend Stocks

3 Cheap TSX Stocks to Buy Under $20 Right Now!

| Robin Brown

TSX stocks continue to climb sky-high in 2021. Here are three cheap stocks you can pick up for a bargain…

Read more »

Dividend Stocks

1 Top Canadian Stock to Start Your RRSP Wealth Fund

| Andrew Walker

This stock looks attractive right now in an otherwise expensive market. Here's why.

Read more »

Dividend Stocks

2 Blue-Chip Stocks With Excellent Growth Potential

| Adam Othman

Shopify stock and Constellation Software stock are ideal stock picks for Canadian investors seeking stellar wealth growth.

Read more »

Dividend Stocks

The 4 Best TSX Stocks for Reliable Monthly Income

| Sneha Nahata

These dividend stocks are reliable bets for investors seeking to start a passive-income stream.

Read more »

Dividend Stocks

2 Top Canadian Dividend Stocks With +5% Yields

| Chris MacDonald

Here's why Enbridge (TSX:ENB)(NYSE:ENB) and TC Energy (TSX:TRP)(NYSE:TRP) remain two top dividends stocks investors should consider today.

Read more »

Dividend Stocks

4 Top Canadian Stocks With Over 5% Dividend Yields

| Rajiv Nanjapla

These four Canadian stocks can strengthen your portfolio and also boost your passive income.

Read more »

Dividend Stocks

This Top Canadian Utilities Stock Is Becoming an ESG Giant

| Chris MacDonald

Here's why long-term investors seeking a top utilities stock ought to consider Algonquin Power (TSX:AQN)(NYSE:AQN) right now.

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy in September

| Nicholas Dobroruka

The Canadian stock market is up big this year. Here are three TSX stocks that are on my watch list…

Read more »

Dividend Stocks

3 Key Advantages of Having Utility Stocks in Your Portfolio

| Vineet Kulkarni

The Fed increased rates during 2015 and 2020, and utility stocks on average returned a fairly decent 60% during the…

Read more »

Dividend Stocks

September Effect: Is a Market Correction Coming?

| Andrew Button

September is here. Does that mean it's time to pull out of stock ETFs like the iShares S&P/TSX 60 Fund…

Read more »

Dividend Stocks

2 No-Brainer Stocks to Buy With $1,000 Right Now

| Adam Othman

Brookfield Infrastructure Partners stock and goeasy stock are ideal stock picks for investors in the current market environment.

Read more »

analyze data
Dividend Stocks

Where to Invest $1,000? 1 Stock for September 2021

| Joey Frenette

Suncor Energy (TSX:SU)(NYSE:SU) is a terrific value stock for TSX investors looking for a prudent place to invest $1,000 this…

Read more »

Dividend Stocks

4 Top Value Stocks to Buy in September 2021

| Sneha Nahata

These TSX stocks look attractive on the valuation front, implying further upside in their prices in the medium to long…

Read more »

Dividend Stocks

3 High-Yield Dividend Stocks You Should Never Sell

| Christopher Liew, CFA

An investment portfolio of only the top dividend payers could set you up for life. The trio of the Bank…

Read more »

money cash dividends
Dividend Stocks

Avoid 3 Pitfalls for Your TFSA Wealth Creation to Hit the Moon!

| Kay Ng

Tax-free wealth creation is in your hands today! Here's what to avoid when investing in your Tax-Free Savings Account.

Read more »

Dividend Stocks

2 Boring Dividend Stocks That Turned $5,000 Into $100,000!

| Andrew Walker

These two top dividend stocks might not be very exciting, but they have made long-term investors rich. Here's how.

Read more »

Dividend Stocks

Retirees: 2 Safe Stocks to Buy for Your TFSA

| Adam Othman

The Bank of Montreal stock and BCE Inc. stock are two safe stocks to buy and hold in your TFSA…

Read more »

Dividend Stocks

Got $500? Buy These 2 Stocks With Generous Dividends

| Christopher Liew, CFA

Your $500 can multiply 10-fold if invested in generous dividend payers. Rogers Sugar stock and Diversified Royalty stock are the…

Read more »

Dividend Stocks

2 Top Dividend Stocks to Buy for 2022

| Andrew Walker

These two top Canadian dividend stocks could boost payouts by10% next year. Here's why.

Read more »

Tech Stocks

3 of the Best Growth Stocks I’d Buy Right Now

| Sneha Nahata

These stocks have multiple growth catalysts to fuel future growth. 

Read more »

Dividend Stocks

4 REIT Stocks to Buy in a Red-Hot Housing Market

| Christopher Liew, CFA

Canadians can earn recurring income streams from the real estate sector without owning physical properties. Dream Industrial stock, Summit Industrial…

Read more »

Dividend Stocks

How Does Enbridge (TSX:ENB) Stock Compare to Other Dividend Aristocrats?

| Amy Legate-Wolfe

Enbridge (TSX:ENB)(NYSE:ENB) stock is often touted as a top Dividend Aristocrat, but how does it really stack up against other…

Read more »

Dividend Stocks

5 Top TSX Stocks to Watch in September 2021

| Andrew Button

Top TSX stocks like Shopify Inc (TSX:SHOP)(NYSE:SHOP) are in for some interesting action in September.

Read more »

stock research, analyze data
Dividend Stocks

3 Top Dividend Stocks to Buy in September

| Jed Lloren

Looking for new dividend stocks to buy this month? Here are three top stocks!

Read more »

Dividend Stocks

2 Top Canadian Dividend Growth Stocks With Soaring Payouts

| Andrew Walker

These stocks raised their dividends by up to 23% in 2021. Here's why more gains should be on the way.

Read more »

Dividend Stocks

Millennials: How to Make $1 Million in 15 Years

| Amy Legate-Wolfe

If millennials want to strike it rich, forget meme stocks. Instead, look for a solid, high-paying dividend yield and keep…

Read more »

Dividend Stocks

Canada’s Housing Crisis in 3 Shocking Numbers

| Andrew Button

Houses are out of reach for most Canadians, but REITs like NorthWest Healthcare Properties REIT (TSX:NWH.UN) remain very affordable.

Read more »

Dividend Stocks

2 Top TSX Dividend Stocks for TFSA Passive Income

| Andrew Walker

These top dividend stocks are attractive picks right now for TFSA passive income. Here's why.

Read more »

stock research, analyze data
Dividend Stocks

2 Buy-and-Hold Forever Dividend Stocks

| Adam Othman

Scotiabank stock and Fortis stock are ideal buy-and-hold assets for TFSA investors looking to generate tax-free wealth growth.

Read more »

Dividend Stocks

2 Top TSX Stocks for RRSP Investors

| Andrew Walker

These top TSX stocks look like good buys right now for a self-directed RRSP portfolio. Here's why.

Read more »