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

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 »

Pipeline
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 »

Gold bullion on a chart
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 »

money cash dividends
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 »

Various Canadian dollars in gray pants pocket
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 »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
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 »

Growing plant shoots on coins
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

Volatile market, stock volatility
Tech Stocks

Buy These 2 TSX Stocks for Near-Term Gains

| Victoria Hetherington

Lower-risk growth investors startled by the whipsawing markets have few clear choices. However, Northland Power (TSX:NPI) offers a mix of…

Read more »

edit Four girl friends withdrawing money from credit card at ATM
Bank Stocks

Wells Fargo to Cut Dividend: Buy Royal Bank (TSX:RY) Stock Instead

| Kay Ng

Wells Fargo (NYSE:WFC) is about to cut its dividend. Royal Bank of Canada (TSX:RY)(NYSE:RY) provides a safer dividend. What's more…

Read more »

Watch for the Warning Signs Stock Market Prices Trends 3d Illustration
Dividend Stocks

Telecom Investing: 2 TSX Giants to Watch

| Jared Seguin

These two telecom investing giants are offering investors juicy yields today. Find out which TSX superstars a worth a good…

Read more »

hand using ATM
Dividend Stocks

How Much in Dividends You’ll Receive With $10,000 Invested in BMO (TSX:BMO) Stock

| Aditya Raghunath

You can generate almost $600 in annual dividends by investing $10,000 in BMO (TSX:BMO)(NYSE:BMO) stock.

Read more »

Family relationship with bond and care
Dividend Stocks

CPP Pension Users: How Will the 2020 Enhancement Increase Your Payout?

| Aditya Raghunath

You can supplement your CPP pension by investing in blue-chip stocks such as Bank of Nova Scotia (TSX:BNS)(NYSE:BNS).

Read more »

Oil pumps against sunset
Dividend Stocks

Canadian Natural Resources (TSX:CNQ): How Safe Is the Dividend?

| Joey Frenette

Will Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) follow Suncor Energy Inc. (TSX:SU)(NYSE:SU) and cut its dividend by around half?

Read more »

Growth from coins
Dividend Stocks

2 Dividend Stocks to Buy Right Now

| Ryan Vanzo

It's time for dividend stocks like Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) and Brookfield Property Partners L.P. (TSX:BPY.UN)(NASDAQ:BPY).

Read more »

A close up image of Canadian $20 Dollar bills
Dividend Stocks

CERB Users: $2,000 CRA Payment Extended 8 More Weeks!

| Adam Othman

The CERB money can keep rolling in, but you should be wary of the emergency fund and look to securing…

Read more »

Modern buildings in business district
Dividend Stocks

The CRA Made It Harder to Get the $4,000 CERB Extension

| Christopher Liew, CFA

The CERB extension is welcome relief but with scrutiny and conditions this time. Dividend earnings from the NorthWest Healthcare stock…

Read more »

Paper airplanes flying on blue sky with form of growing graph
Coronavirus

Got $3,000 to Invest? Buy These 3 TSX Growth Stocks Now

| Sneha Nahata

These three TSX stocks have strong long-term growth potential.

Read more »

Dad and son having fun outdoor. Healthy living concept
Dividend Stocks

Value Investors Rejoice! This 12% Yield Just Got Safer

| Kris Knutson

After being smoked in the midst of the pandemic lockdown, Brookfield Property Partners LP (TSX:BPY.UN)(NASDAQ:BPY) is still very cheap. Now…

Read more »

question marks written reminders tickets
Dividend Stocks

Air Canada (TSX:AC) Stock Is Cheap: Is It Time to Buy?

| Robin Brown

Is now the time to pick up Air Canada (TSX:AC) stock while it is trading so cheap? I answer that…

Read more »

Retirement plan
Dividend Stocks

Retiring Soon? After COVID-19, You Might Have to Wait

| Christopher Liew, CFA

Retirement plans are on hold due to the double threat to health and job security. If you will delay your…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

2020 TFSA Contribution Room: 3 TSX Dividend Stocks to Buy With $6,000

| Aditya Raghunath

You can use your TFSA contribution room of $6,000 to buy dividend stocks such as Pembina Pipeline and two others.

Read more »

Watch for the Warning Signs Stock Market Prices Trends 3d Illustration
Dividend Stocks

Market Crash 2020: Your Chance to Make Millions

| Adam Othman

It’s common to see individual stocks or sectors falling in valuation, which gives investors an opportunity to buy low. But…

Read more »

Golden crown on a red velvet background
Dividend Stocks

3 Top Dividend Aristocrats on the TSX Index

| Mat Litalien, MBA

Enghouse Systems (TSX:ENGH) and TFI International (TSX:TFII) are among the best-performing Dividend Aristocrats in June. Are these stocks buys today?

Read more »

edit Person using calculator next to charts and graphs
Dividend Stocks

TFSA Investors: 2 Top Dividend Stocks to Buy With an Extra $5,000

| Andrew Walker

CIBC (TSX:CM)(NYSE:CM) and another top Canadian dividend stock appear attractive for a TFSA today. Here's why.

Read more »

A close up image of Canadian $20 Dollar bills
Dividend Stocks

Retirees: How to Earn $2,000 Tax-Free and Pay No RRSP Withdrawal Penalties!

| Andrew Button

If you hold ETFs like the iShares S&P/TSX 60 Index Fund (TSX:XIU) in a TFSA, you can earn up to…

Read more »

edit Colleagues chat over ketchup chips
Dividend Stocks

CRA to Students: You Could Be Eligible for $13,000 in Benefits

| Amy Legate-Wolfe

Students can receive up to $13,000 from the CRA, but if you can take even some of that cash and…

Read more »

Close up shot of senior couple holding hand. Loving couple sitting together and holding hands. Focus on hands.
Dividend Stocks

2 TSX Stocks to Help TFSA Investors Retire Rich

| Joey Frenette

CN Rail (TSX:CNR)(NYSE:CNI) and another dividend-growth stock can help TFSA investors retire rich and potentially well ahead of schedule.

Read more »

Increasing yield
Dividend Stocks

Dividend Investing: 3 High-Yielding TSX Stocks

| Jared Seguin

With the stock market still unsettled, long-term buying opportunities abound. Check out the three TSX stocks that are perfect for…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

WARNING: 1 Major TFSA Mistake to Avoid in 2020

| Ambrose O'Callaghan

TFSA investors need to avoid overcontributions and target attractive value stocks like Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) in July.

Read more »

Businessman looking at a red arrow crashing through the floor
Coronavirus

Buy These TSX Stocks Before the Stock Market Crashes Again

| Sneha Nahata

Consider buying these TSX stocks to protect and grow your portfolio amid a weak economic environment.

Read more »

edit Colleagues chat over ketchup chips
Dividend Stocks

CRA 2020: 3 Ways CERB Could Change Things Forever

| Ambrose O'Callaghan

The CERB program could potentially shake up the investment climate, allowing many more Canadians to buy stocks like TransAlta Renewables…

Read more »

Value for money
Dividend Stocks

This 12% Dividend Stock Popped 13% Today: Still a Great Bargain

| Kay Ng

This cheap stock provides big income and price appreciation, too. Learn more about it here and decide if it's right…

Read more »

edit Real Estate Investment Trust REIT on double exsposure business background.
Dividend Stocks

REIT Investing: How Viable Is It Now?

| Jared Seguin

REITs have certainly been beat up with the market crash. However, these two might still be viable REIT investing options.

Read more »

woman data analyze
Dividend Stocks

1 Top Dividend Stock for New TFSA Investors to Buy Today

| Victoria Hetherington

Here’s why Fortis (TSX:FTS)(NYSE:FTS) is still a shining example of a low-risk forever stock for new dividend investors.

Read more »

Shopping card with boxes labelled REITs, ETFs, Bonds, Stocks
Dividend Stocks

2 Value Stocks to Buy Right Now

| Ryan Vanzo

Now is the time to buy value stocks. Your buy list should include BlackBerry Ltd. (TSX:BB) and Brookfield Property Partners…

Read more »

Road sign warning of a risk ahead
Dividend Stocks

Dividend Stocks: Should You Hold These 2 At-Risk Names?

| Victoria Hetherington

Names like Enbridge (TSX:ENB)(NYSE:ENB) still top the blue-chip dividend stock lists. But are the risks too high, and are there…

Read more »

You Should Know This
Dividend Stocks

How to Prevent the CRA From Taking Back Your $8,000 CERB!

| Adam Othman

Learn how to make sure the CRA doesn’t take back your CERB money, but also create alternative income through dividend…

Read more »

edit Business accounting concept, Business man using calculator with computer laptop, budget and loan paper in office.
Dividend Stocks

2 Top Long-Term TSX Stocks to Buy in July

| Daniel Da Costa

The market has leveled off entering July, making it the perfect opportunity for investors to buy these top TSX stocks…

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

American Jobs Surge: 2 Canadian Stocks to Ride the U.S. Recovery Higher

| Andrew Walker

Here's why TD (TSX:TD)(NYSE:TD) and another top Canadian stock with a strong U.S. presence deserve to be on your radar…

Read more »

Handwriting text writing Are You Ready For Tomorrow question. Concept meaning Preparation to the future Motivation Stand blackboard with white words behind blurry blue paper lobs woody floor.
Dividend Stocks

$5,000 Student Crisis Payment: Will It Get Extended Like CERB?

| Christopher Liew, CFA

The new Canada Student Service Grant pays up to $5,000 to students doing volunteer work. The amount is considerable enough…

Read more »

Two colleagues working on new global financial strategy plan using tablet and laptop.
Dividend Stocks

2 TSX Stocks to Buy Right Now if You Have $1,000

| Vineet Kulkarni

These two TSX stocks offer safety as well as stable growth. Investors can consider these amid increasing broad market uncertainty.

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

This Dirt-Cheap Warren Buffett TSX Stock Should Be Your Top Pick

| Adam Othman

Take a closer look at Suncor Energy and why the Oracle of Omaha loves this dirt-cheap oil company even amid…

Read more »

question marks written reminders tickets
Dividend Stocks

$4,000 CERB Extra Given by CRA: Will You Get it?

| Christopher Liew, CFA

The CERB extension is a breathing spell for Canadians preparing to return to work or actively looking for jobs. For…

Read more »

Question marks in a pile
Dividend Stocks

TFSA: Is It Time to Buy This Monster 11% Dividend Yield in the Office REIT Space?

| Joey Frenette

TFSA investors should consider taking a chance on the monster 11% dividend yield of Inovalis REIT (TSX:INO.UN) if they seek…

Read more »

edit Back view of hugging couple standing with real estate agent in front of house for sale
Bank Stocks

Will a Real Estate Crash Kill Canadian Banks?

| Kris Knutson

Our economy is in rough shape. Central bank action saved markets and rescued real estate, but will the effect last?…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Investors: Make $275 a Month in Passive Income With This TSX REIT

| Aditya Raghunath

Here's why you can invest in quality REITs such as Morguard Residential (TSX:MRG.UN) to generate a steady stream of dividend…

Read more »

Dividend Stocks

Ride Out the Recession With These 2 Stocks

| David Jagielski

Hydro One Limited (TSX:H) and this other stock can be great places to park your money right now.

Read more »