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 Retirement Stocks to Supplement Your Pension

| Christopher Liew, CFA

Retirement experts’ advice to Canadians is to supplement their pensions to enjoy a higher quality of life in the sunset…

Read more »

Dividend Stocks

This Grocery Stock Is a Better Buy Than Shopify (TSX:SHOP) and Royal Bank (TSX:RY)

| Christopher Liew, CFA

If you want never-ending income, the two largest TSX companies aren’t the best bang for the buck. The North West…

Read more »

Dividend Stocks

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

| Joey Frenette

Canadian Tire (TSX:CTC.A) and Algonquin Power & Utilities (TSX:AQN)(NYSE:AQN) are two great Canadian stocks to buy this August.

Read more »

Bank Stocks

TD Bank Stock Is a Top Dividend Buy for August

| Joey Frenette

TD Bank (TSX:TD)(NYSE:TD) is a Canadian bank stock that you can bank on this August, as we move further into…

Read more »

Dividend Stocks

3 Qualities That Help a Fool Beat the Stock Market

| Puja Tayal

Do you know how a Fool beats the market? They possess three qualities needed to succeed in the stock market. 

Read more »

Dividend Stocks

The 4 Best Dividend Stocks to Buy in August

| Ambrose O'Callaghan

Canadians should look to scoop up top dividend stocks like Enbridge Inc. (TSX:ENB)(NYSE:ENB) and others in August.

Read more »

Dividend Stocks

5 of the Best TSX Dividend Stocks Under $100 to Buy Right Now

| Sneha Nahata

These under $100 stocks are reliable dividend income stocks.

Read more »

Dividend Stocks

5.5 Million Canadians Are at Financial Risk Should Interest Rates Rise

| Christopher Liew, CFA

Canadians with large mortgages are at risk if interest rates increase along with inflation. If such a scenario worries you,…

Read more »

Stocks for Beginners

Passive Income: Make $800 a Month in Dividend Income for Life!

| Kay Ng

No matter how much you earn this year, you can raise your income to the next level by building a…

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy Today With $3,000

| Vineet Kulkarni

Very few stocks offer superior dividends along with decent growth prospects. Here are top TSX stocks that offer both for…

Read more »

Dividend Stocks

Dividend Investors: 3 Top TSX Stocks to Buy in August

| Aditya Raghunath

Income-seeking investors can invest in quality Canadian dividend-paying stocks such as TransAlta Renewables and AltaGas right now.

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy in August

| Chris MacDonald

Investors looking for top stocks to buy ought to consider these three incredible Canadian companies trading at attractive valuations today.

Read more »

Dividend Stocks

This Top TSX Dividend Stock Is at All-Time Highs: Is It Done?

| Chris MacDonald

Investors seeking a high-quality dividend stock providing stability and growth ought to look at Canadian Apartment REIT (TSX:CAR.U).

Read more »

Dividend Stocks

1 of My Top Canadian Picks for Passive Income

| Joey Frenette

H&R REIT (TSX:HR.UN) could continue to soar as it rewards seekers of passive income with the perfect mix of dividends…

Read more »

Energy Stocks

The 4 Top TSX Energy Stocks to Buy in August 2021

| Sneha Nahata

I expect the uptrend in energy stocks to sustain, reflecting an improved operating environment, higher economic activities, and increased commodity…

Read more »

Dividend Stocks

2 Consumer-Defensive Stocks to Own Amid Emerging COVID-19 Variants

| Christopher Liew, CFA

The new coronavirus strain poses a great danger to the TSX. If a market downturn frightens you, seek safety in…

Read more »

Dividend Stocks

3 Stocks for Your Golden Years

| Adam Othman

When you invest for retirement, choosing the right assets should be your primary concern, even more so than asset allocation.

Read more »

Dividend Stocks

Buy These 3 Gold Stocks if You Are Worried About a Correction

| Adam Othman

Gold stocks offer a powerful safety net against market fluctuations, but they might not be profitable holdings in a strong…

Read more »

Dividend Stocks

3 Fairly Valued Dividend Stocks With Decent Yields

| Adam Othman

Fair or undervaluation is an attractive trait, whether you are looking for dividend or growth stocks.

Read more »

Dividend Stocks

2 Cheap Canadian Dividend Stocks to Buy in August

| Andrew Walker

Income investors can still find top Canadian dividend stocks that trade at reasonable prices and offer attractive yields. Here's why…

Read more »

Dividend Stocks

ENB Stock: A Look at Enbridge’s Dividend-Adjusted Returns in the Last Decade

| Aditya Raghunath

Here's why Enbridge remains a top dividend stock for long-term investors.

Read more »

Dividend Stocks

Red Alert: 3 Ways to Protect Your Capital From a Market Pullback

| Christopher Liew, CFA

Spreading COVID variants and rising inflation could trigger a market pullback. Prepare to protect your capital and move it to…

Read more »

Dividend Stocks

4 Top Monthly-Paying Dividends Stocks to Buy Right Now

| Rajiv Nanjapla

Given their stable cash flows and healthy dividend yields, these four dividend stocks are an excellent means to earn stable…

Read more »

Dividend Stocks

3 High-Dividend-Yielding Energy Stocks to Buy in August 2021

| Jitendra Parashar

Here are three fundamentally strong Canadian energy stocks that pay high dividends to their investors.

Read more »

Dividend Stocks

2 Stocks I’m Holding for 20 years — Plus 1 ETF

| Andrew Button

I plan on holding stocks like the Canadian National Railway (TSX:CNR)(NYSE:CNI) for 20 years or more.

Read more »

Dividend Stocks

3 Top Stocks for a Weaker Canadian Dollar

| Andrew Button

If the Canadian dollar slides then stocks like the Canadian National Railway (TSX:CNR)(NYSE:CNI) will look like huge bargains.

Read more »

Dividend Stocks

Got $3,000? 3 Top TSX Stocks to Buy Right Now

| Vineet Kulkarni

It could be difficult to pick quality stocks when markets are at record highs. Here are three TSX stocks for…

Read more »

online shopping
Dividend Stocks

Anticipating Another E-Commerce Boom? Buy These 2 Stocks!

| Adam Othman

We saw a major boom in e-commerce last year, but it simply expedited the change that was already happening.

Read more »

Dividend Stocks

3 Canadian REITs With Dividend Yields Over 3%

| Aditya Raghunath

Real estate investment trusts provide investors an opportunity to benefit from a steady stream of dividend income.

Read more »

Dividend Stocks

Savings Rate Is Up 13.1%: Did You Set Aside Some for Retirement?

| Christopher Liew, CFA

The higher household savings rate in Q1 2021 indicates that Canadians are prudent during the health crisis. If you socked…

Read more »

Dividend Stocks

3 Top Dividend Stocks to Buy in August 2021

| Jed Lloren

Looking for dividend stocks to add to your portfolio this month? Consider these three great companies!

Read more »

Dividend Stocks

Opportunity Lost? Pembina (TSX:PPL) Turns Cold on $8.5 Billion Deal

| Christopher Liew, CFA

Income investors still favours the Pembina Pipeline stock despite losing the $8.5 billion deal to acquire Inter Pipeline. If you…

Read more »

Dividend Stocks

Worried About the Property Bubble? Buy 3 REITs to Stay Safe

| Adam Othman

An Oxford Economic analysis suggests that property prices (residential) are 10% higher than they should be, and the largest bubbles…

Read more »

Dividend Stocks

Forget Bank Stocks: 2 Top Picks for Dividend Growth

| Daniel Da Costa

Bank stocks can be great investments for their stability and income, but these two top dividend-growth stocks offer far more…

Read more »

Dividend Stocks

2 Dividend Stocks to Buy Amid the Virulent Delta Coronavirus Variant

| Kay Ng

A fourth wave could be on the horizon because of the virulent Delta strain! It's time to consider these defensive…

Read more »

Dividend Stocks

2 Top TSX Dividend Stocks to Buy in August and Hold Forever

| Robin Brown

TSX dividend stocks have been on the rise in 2021. Yet, here are two top Canadian stocks to buy and…

Read more »

Dividend Stocks

Canadian Couples: 2 TSX Stocks You Can Buy Together

| Christopher Liew, CFA

Couples with similar mindsets on investments have better chances of meeting their financial goals. Bank of Nova Scotia stock and…

Read more »

Dividend Stocks

3 Mistakes Canadian Investors Should Never Make

| Adam Othman

Even though mistakes, especially when you are doing something as unpredictable as investing, are natural, there are some mistakes that…

Read more »

Dividend Stocks

TFSAs: 3 Ways You Can Be Taxed!

| Andrew Button

You can be taxed if you hold ineligible investments in a TFSA, but eligible investments like iShares S&P/TSX 60 Index…

Read more »

Dividend Stocks

3 TSX Bank Stocks With Attractive Dividend Yields

| Aditya Raghunath

Income-seeking investors can look to buy quality dividend stocks such as Bank of Nova Scotia and Toronto-Dominion Bank right now.

Read more »