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

stock research, analyze data
Dividend Stocks

4 Safe Dividend Stocks Worth Buying Right Now

| Rajiv Nanjapla

Given their recession-proof balance sheet and stable cash flows, these four Canadian stocks could strengthen your portfolio and pay dividends…

Read more »

Dividend Stocks

Power Corp.’s New Structure Working in Investors’ Favour

| Chris MacDonald

Here's why I think Power Corp. (TSX:POW) could be seriously undervalued today relative to its core strategic shift.

Read more »

Dividend Stocks

2 Stocks That Produced Quarterly Dividends for Over 25 Years

| Christopher Liew, CFA

The Canadian Western Bank and Imperial Oil stock should give investors peace of mind. Both companies have produced quarterly dividends…

Read more »

Dividend Stocks

3 Big Canadian Dividend Stocks to Buy in June 2021

| Vineet Kulkarni

Here are three of the biggest Canadian dividend stocks for long-term investors. As markets linger at peaks, it makes sense…

Read more »

Dividend Stocks

4 of the Best TSX Dividend Stocks to Buy Under $100

| Sneha Nahata

It makes sense to add top-quality dividend stocks to your portfolio to generate regular income regardless of the volatility in…

Read more »

Dividend Stocks

Got $100? 3 TSX Stocks to Buy Right Now

| Nicholas Dobroruka

Only have $100 to invest in the stock market? No problem. You can own all three of these top Canadian…

Read more »

Dividend Stocks

Will Crude Oil Hit $100 a Barrel in 2021?

| Vineet Kulkarni

As crude oil prices recently breached two-year highs, the energy sector is one of the best-performing sectors.

Read more »

Dividend Stocks

3 Top TSX Dividend Stocks to Own in June 2021

| Jed Lloren

With a new month upon us, which three companies are the best dividend stocks to own in June?

Read more »

Dividend Stocks

Passive Income: 2 Prudent Canadian Stocks With Yields Over 7%

| Joey Frenette

Enbridge (TSX:ENB)(NYSE:ENB) and Inovalis REIT (TSX:INO.UN) are some of the more prudent Canadian passive income stocks out there.

Read more »

Dividend Stocks

3 Stocks Still at a Discount! Buy Before the Sale Is Over

| Adam Othman

No matter how bullish the market is and how consistently it has been growing, you will still be able to…

Read more »

Dividend Stocks

Canadian Investors: 4 Top Stocks to Buy Under $100

| Nicholas Dobroruka

Do you have $100 available to invest in the stock market? If so, here are four top stocks that you…

Read more »

Dividend Stocks

National Bank Is Looking Like a Competitive Threat to its Peers

| Chris MacDonald

Here's why National Bank of Canada (TSX:NA) is starting to look very appealing to long-term growth investors seeking financials exposure.

Read more »

Dividend Stocks

Passive Income: Earn $145 a Week Tax Free

| Vishesh Raisinghani

Passive-income-seeking investors should consider BCE Inc. (TSX:BCE)(NYSE:BCE).

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy in Any Market

| Chris MacDonald

Here are three top TSX stocks I think every long-term investor can buy in today's market -- or any market,…

Read more »

Dividend Stocks

3 Top Canadian Stocks for June 2021

| Chris MacDonald

Here are three of my top picks that I think long-term investors need to give a hard look in this…

Read more »

Energy Stocks

The 2 Best Canadian Renewable Energy Stocks to Buy in June 2021

| Sneha Nahata

I see significant upside in renewable energy stocks thanks to the growing emphasis on carbon footprint reduction and significant capital…

Read more »

Dividend Stocks

Looking for Income? These 2 Top TSX Stocks Have You Covered

| Chris MacDonald

Here's why Enbridge (TSX:ENB)(NYSE:ENB) and Killam Apartment REIT (TSX:KMP.UN) should be on every income investor's watch list today.

Read more »

Dividend Stocks

These 2 Undervalued Gems Are Ready to Take Off

| Chris MacDonald

Here's why I think Alimentation Couche-Tard (TSX:ATD.B) and Kirkland Lake Gold (TSX:KL)(NYSE:KL) are too cheap to ignore right now.

Read more »

investment research
Personal Finance

Passive Income: How to Easily Make $28 a Day

| Kay Ng

Get your money working hard for you now. Start earning passive income to improve your financial life today!

Read more »

stock research, analyze data
Dividend Stocks

4 Undervalued TSX Stocks to Buy in June 2021

| Sneha Nahata

I see multiple Canadian stocks trading cheaper and offering excellent value at current price levels.

Read more »

Energy Stocks

Why Inter Pipeline Stock Popped +8% on Tuesday

| Kay Ng

Inter Pipeline (TSX:IPL) stock was a four-bagger climbing from the depths of the pandemic market crash. Here's what you can…

Read more »

Dividend Stocks

3 of the Best TSX Stocks to Buy With $3,000 in June 2021

| Sneha Nahata

These fundamentally strong TSX stocks can beat the benchmark index by a wide margin and deliver stellar returns.

Read more »

Dividend Stocks

Could Enbridge Stock Become a Political Battleground?

| Chris MacDonald

Here's why Enbridge's (TSX:ENB)(NYSE:ENB) status as a political battleground stock is a good thing and a bad thing for investors.

Read more »

Energy Stocks

3 of the Best Canadian Energy Stocks to Buy in June 2021

| Robin Brown

Canadian energy stocks have steadily been outperforming the market in 2021! Here are three of my favourite picks to buy…

Read more »

Dividend Stocks

Suncor Energy: A Dirt-Cheap TSX Dividend Stock Pick for June 2021

| Joey Frenette

Suncor Energy (TSX:SU)(NYSE:SU) is a magnificent TSX stock that Canadian income investors should scoop up going into June 2021.

Read more »

Dividend Stocks

OAS Pension Risks: How to Avoid 15% CRA Clawbacks and Earn $377.50 Per Month

| Christopher Liew, CFA

High-income Canadian seniors can avoid the 15% OAS clawback by maximizing their TFSA contributions to create non-taxable income. The high-yield…

Read more »

Dividend Stocks

Hooray! 3 TFSA Dividend Stocks That Could Earn You $177/Month

| Christopher Liew, CFA

TFSA investors can churn their money faster through monthly dividend payers. The AltaGas stock, Bird Construction stock, and H&R stock…

Read more »

Dividend Stocks

How to Get Your TFSA to $1,000,000 by Age 45

| Christopher Liew, CFA

Building a $1 million TFSA is a daunting task, although achievable in a longer time frame. Users’ core holdings should…

Read more »

Dividend Stocks

TSX Stocks: Will the Markets Continue to Rally?

| Vineet Kulkarni

TSX stocks: Amid the broad market rally, it can still be difficult to pick outperforming stocks. That's why investors should…

Read more »

Dividend Stocks

Inflation Is a Danger to Retirees

| Andrew Button

Inflation is a danger to those living on fixed incomes, but REITs like NorthWest Healthcare Properties REIT actually profit from…

Read more »

Stocks for Beginners

A Top Dividend Stock to Stash in Your TFSA Forever

| Joey Frenette

SmartCentres REIT (TSX:SRU.UN) is a terrific dividend payer that TFSA investors should consider buying as we head into June 2021.

Read more »

Dividend Stocks

Got $5,000? 2 Great Investments to Buy

| Adam Othman

BlackBerry and Tilray could be excellent investments to consider if you have substantial cash that you can park in the…

Read more »

Dividend Stocks

2 Top Canadian Stocks for Soon-to-Be Retirees

| Adam Othman

Enbridge Inc. and Rogers Communications could be ideal stock picks for Canadians nearing retirement to secure better financial freedom.

Read more »

Dividend Stocks

Dividend Investors: Should You Buy Enbridge (TSX:ENB) or TD (TSX:TD) Stock Now?

| Andrew Walker

Enbridge and TD are top Canadian dividend stocks. Is one a better buy today?

Read more »

Dividend Stocks

RRSP Investors: Buy These 3 Forever Stocks and Watch Your Nest Egg Grow

| Adam Othman

There is no such thing as an infallible stock, but some forever stocks get very close. RRSP investors can add…

Read more »

Dividend Stocks

3 Top Canadian Stocks to Buy for Under $100 in June 2021

| Nicholas Dobroruka

Canadian investors should be loading up on top stocks today. Here are three Canadian stocks to put on your watch…

Read more »

Dividend Stocks

5 Top Canadian Dividend Stocks to Buy in June 2021

| Sneha Nahata

Investors with top dividend stocks in their portfolios continue to earn steady income irrespective of the volatility and uncertainty in…

Read more »

Dividend Stocks

3 Outstanding Dividend Stocks That Yield Over 5.5%

| Christopher Liew, CFA

Canadians can build a rock-solid income portfolio with TC Energy stock, Exchange Income stock, and Sienna Senior Living stock. The…

Read more »

analyze data
Tech Stocks

Top 3 Canadian Tech Stocks With Dividends to Buy in June 2021

| Jitendra Parashar

Here are three Canadian tech stocks that pay handsome dividends to their investors. You can buy these are stocks in…

Read more »

Dividend Stocks

Got $1,000? 3 Top TSX Stocks to Buy in June 2021

| Vineet Kulkarni

While markets continue to make new highs, some TSX stocks are still trading way lower than their record levels. Here…

Read more »