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

2 Canadian Dividend Aristocrats Are the Top Picks of U.S. Investors

| Christopher Liew, CFA

Cross-listing helped Brookfield Infrastructure stock and Franco-Nevada stock gain international exposure. Both Dividend Aristocrats are now among the top picks…

Read more »

Dividend Stocks

2 High-Yield Dividend Stocks to Buy Right Now

| Adam Othman

NorthWest Healthcare Properties REIT and Pembina Pipeline stock are two high-yield dividend stocks that could make you much wealthier in…

Read more »

Dividend Stocks

3 Hot Growth Stocks With Stellar Earnings

| Adam Othman

If you trust revenues and earnings to sustain the growth of stocks, here are three companies you should look into.

Read more »

Dividend Stocks

The 3 Best Dividend Stocks Canada Has Today

| Amy Legate-Wolfe

Get rid of volatility in today's growth market and, instead, choose the best dividend stocks for decades of solid passive…

Read more »

Dividend Stocks

3 Generous Dividend Stocks Yielding up to 7%

| Christopher Liew, CFA

Boost your investment income with the least-celebrated but high-yield TSX stocks. Keyera stock, Acadian Timber stock, and Timbercreek Financial stock…

Read more »

Dividend Stocks

Dividend Investing: The Art of Holding

| Kay Ng

Generating increasing dividend income from solid dividend stocks is highly reassuring, especially through bear markets and retirement.

Read more »

investment research
Dividend Stocks

2 Breakout Canadian Stocks You Might Want to Buy Right Now

| Christopher Liew, CFA

The Restaurant Brands International stock and Cineplex stock are potential breakout stocks in 2021. If you want higher gains, you…

Read more »

Dividend Stocks

3 Fantastic Stocks Under $8 a Share

| Adam Othman

Some investors don’t think too highly of stocks that are trading in the single digits, but you might find plenty…

Read more »

Dividend Stocks

3 Smart Stocks to Buy With $25

| Christopher Liew, CFA

A $25 investment could triple and still grow over time with three smart investments. The Nexus stock, Freehold Royalties stock,…

Read more »

Dividend Stocks

1 Top TSX Undervalued Stock to Buy Right Now

| Chris MacDonald

Investors seeking a top undervalued stock to buy today may want to consider Manulife (TSX:MFC)(NYSE:MFC) in this current environment.

Read more »

Bank Stocks

3 Canadian Bank Stocks to Buy Ahead of Q3 Earnings

| Sneha Nahata

The steady economic growth and reserve releases indicate that Canadian banks could deliver solid earnings growth in Q3. 

Read more »

Dividend Stocks

3 Bargain Stocks to Buy on the TSX Today

| Adam Othman

A good bargain is hard to pass up, especially when it comes to stocks and there is decent growth potential…

Read more »

Dividend Stocks

3 Terrific TSX Stocks to Buy Right Now

| Vineet Kulkarni

Although Canadian markets have been trading close to record highs for months, some TSX stocks are trading way below their…

Read more »

Make a choice, path to success, sign
Dividend Stocks

2 of the Best Canadian Stocks to Buy Today

| Adam Othman

The Bank of Nova Scotia stock and goeasy stock could be excellent stocks to add to your portfolio today.

Read more »

Dividend Stocks

1 of the Best Canadian Dividend Stocks to Fund an Early Retirement

| Joey Frenette

Enbridge (TSX:ENB)(NYSE:ENB) is a top Canadian dividend stock worth considering for young Canadian investors looking to retire early.

Read more »

Dividend Stocks

Retirees: OAS Will Jump Higher in 2021

| Christopher Liew, CFA

Canadian retirees have more financial security in 2021 due to the automatic increase in OAS benefits last month. Seniors with…

Read more »

Dividend Stocks

2 Cash-Cow Stocks With Ludicrous Dividends

| Adam Othman

If you are looking for reliable passive-income assets that require minimal involvement from you, high-dividend stocks are the way to…

Read more »

Dividend Stocks

2 Blue-Chip Dividend Stocks to Buy and Hold Forever

| Adam Othman

BCE Inc. stock and Royal Bank stock are two blue-chip dividend stocks you should have in your portfolio to generate…

Read more »

Dividend Stocks

2 Large-Cap Stocks to Own for Decades

| Christopher Liew, CFA

If you’re a conservative investor, invest in large-cap stocks for income stability. You can own the Enbridge stock and Canadian…

Read more »

Dividend Stocks

Got $500? 1 Dirt-Cheap TSX Dividend Stock That Looks Unstoppable

| Joey Frenette

Nutrien (TSX:NTR)(NYSE:NTR) is one top TSX dividend stock for high-yield investors to check out, even in the face of a…

Read more »

Dividend Stocks

CPP Pension and OAS: Enough to Survive in 2021?

| Christopher Liew, CFA

Your CPP and OAS are for life but not necessarily adequate in retirement. Invest in dividend kings BCE stock and…

Read more »

Dividend Stocks

Forget Air Canada (TSX:AC)! Buy This 1 High-Growth Stock Instead

| Adam Othman

Air Canada was touted as the ideal recovery stock, but so far, it has severely underperformed in that area.

Read more »

Dividend Stocks

The 2 Best Canadian Stocks to Buy This Week on Delta Variant Fears

| Joey Frenette

Cineplex (TSX:CGX) and Restaurant Brands International (TSX:QSR)(NYSE:QSR) look too cheap to ignore after their recent pullbacks over Delta variant jitters.

Read more »

Dividend Stocks

Federal Government Extends CRB to 54 Weeks

| Christopher Liew, CFA

The CRB will continue for another four weeks as Canada’s economic recovery shifts to high gear. Invest your extra pandemic…

Read more »

Dividend Stocks

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

| Nicholas Dobroruka

Canadian stocks are soaring, but there are still deals to be had. These two top companies are trading at bargain…

Read more »

Dividend Stocks

Forget Air Canada (TSX:AC): These 3 Dividend Stocks Are Better

| Andrew Button

Air Canada (TSX:AC) stock is very risky because of renewed COVID-19 worries, but dividend stocks like Toronto-Dominion Bank (TSX:TD)(NYSE:TD) are…

Read more »

Energy Stocks

Got $500? 3 TSX Stocks That Are Too Cheap to Ignore

| Sneha Nahata

These TSX stocks are too cheap to ignore at current price levels.

Read more »

Dividend Stocks

TSX Today: How to Prepare Your Portfolio for Stagflation

| Amy Legate-Wolfe

Inflation rose 3.7% in the July -- the highest in a decade! So, here's how the TSX today can prepare…

Read more »

Dividend Stocks

2 Top Dividend Stocks to Buy Today

| Adam Othman

Scotiabank stock and Fortis stock are ideal dividend stocks for TFSA investors to buy and hold for the long haul…

Read more »

Dividend Stocks

3 Dividend Stocks to Buy and Hold Forever

| Stephanie Bedard-Chateauneuf, MBA

Toromont Industries (TSX:TIH), Royal Bank of Canada (TSX:RY)(NYSE:RY), and Interrent REIT (TSX:IIP.UN) are three dividend stocks to buy and hold…

Read more »

Dividend Stocks

Dividend Investing: 2 Canadian Behemoths

| Jared Seguin

Looking to scoop up shares of some top dividend investing stocks? These two TSX giants are ideal long-term options to…

Read more »

Dividend Stocks

2 Top Bank Stocks to Buy Right Now

| Chris MacDonald

Investors looking for top-notch bank stocks would do well to consider TD Bank (TSX:TD)(NYSE:TD) and Royal Bank (TSX:RY)(NYSE:RY).

Read more »

Dividend Stocks

2 Reasons Why Enbridge Stock Remains a Buy in August 2021

| Chris MacDonald

Here's why I think long-term investors ought to consider Enbridge (TSX:ENB)(NYSE:ENB) stock today.

Read more »

Dividend Stocks

The Best Canadian Stocks to Buy This Summer

| Karen Thomas, MSc, CFA

Read on to find out why Fortis, Peyto Exploration, and Well Health stocks are the three best Canadian stocks to…

Read more »

Tech Stocks

4 of the Best TSX Stocks to Help You Get Rich

| Sneha Nahata

These TSX stocks have multiple growth catalysts to support the rally in their price.

Read more »

Dividend Stocks

Passive Income: Get +6% Yields From 2 Monthly Dividend Stocks

| Kay Ng

Monthly income from high-yield dividend stocks come in handy. Here are two that you'll want on your radar!

Read more »

Dividend Stocks

Value Investors: 3 Stocks Are a Screaming Buy Right Now

| Adam Othman

If you are looking for great value deals that you can add to your portfolio, here are three stocks that…

Read more »

Dividend Stocks

3 Top TSX Dividend Stocks for Reliable Retirement Income

| Robin Brown

If you are retired, you might be looking for TSX dividend stocks to help supplement your income. Here are three…

Read more »

investment research
Dividend Stocks

2 Top TSX Dividend Stocks to Buy Now

| Joey Frenette

Canadian investors should check out Manulife Financial (TSX:MFC)(NYSE:MFC) and another TSX dividend stock if they seek cheap passive income.

Read more »

Dividend Stocks

This $5,000 Investment Now Generates $5,000 Per Year in Dividends

| Andrew Walker

Here's how Canadian investors can turn small initial investments into large portfolios that generate significant passive income.

Read more »