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

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

Why Tim Hortons Could Get Spun off From Restaurant Brands

| Chris MacDonald

Tim Horton's, part of Restaurant Brands International (TSX:QSR)(NYSE:QSR) may be forever different due to a star financier stepping in and…

Read more »

Early retirement handwritten in a note
Dividend Stocks

Millennials: Can You Retire Early on Just $500,000?

| Nelson Smith

A $500,000 nest egg will go a lot further if you put to work into excellent dividend stocks. There are…

Read more »

Oil pumps against sunset
Dividend Stocks

Oil Rally 2020: Should You Buy Suncor (TSX:SU)?

| Christopher Liew, CFA

The oil rally augurs well for stocks in the energy sector. However, taking a position is still risky because the…

Read more »

Happy couple being attended by office worker at office
Dividend Stocks

Want $300 for Your Child? The CRA Might Give It to You!

| Christopher Liew, CFA

The one-time CCB enhancement for the benefit year 2020-2021should should ease the financial burden during the pandemic. Parents can also…

Read more »

Wireless technology
Dividend Stocks

2 TSX Tech Stocks That Pay Killer Dividends!

| Robin Brown

Technology stocks are outperforming the TSX in 2020. These two tech stocks are cash-rich, pay killer dividends, and have major…

Read more »

Bad apple with good apples
Dividend Stocks

2 Warren Buffett Stocks Investors Should Avoid

| David Jagielski

Restaurant Brands International Inc (TSX:QSR)(NYSE:QSR) and this other stock are investments that are just too risky for average investors to be…

Read more »

edit Businessman using calculator next to laptop
Dividend Stocks

Bear Market Got You Scared? Invest $3,000 in This Stock

| Ryan Vanzo

Want to protect your portfolio from the bear market? Your best choice is utility stocks like Algonquin Power & Utilities…

Read more »

Red siren flashing
Dividend Stocks

1 RRSP Mistake That Can Land You in Trouble With the CRA

| Adam Othman

Avoid making this huge RRSP mistake and consider investing in the Fortis stock to maximize your benefits from the account.

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Is Warren Buffett Getting Ready to Bail on Bank Stocks?

| Andrew Button

With Warren Buffett now selling bank stocks, should you trim your position in banks like Royal Bank of Canada (TSX:RY)(NYSE:RY)?

Read more »

Profit dial turned up to maximum
Dividend Stocks

#1 Billionaire Energy Stock to Buy

| Debra Ray

Canadian investors should buy Northland Power (TSX:NPI) clean energy stock for its low beta and strong forward dividend yield during…

Read more »

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

2 Income REITs That Are Too Cheap to Ignore

| Kris Knutson

Real estate is at risk due to the impact of the global pandemic on economies. Luckily for investors, much of…

Read more »

Road sign warning of a risk ahead
Dividend Stocks

3 Biggest Risks Canadian REITs Face During the COVID-19 Financial Crisis

| Brian Paradza, CFA

Rent cuts, a new work-from-home craze and an opportunistic tenant problem could eat into Canadian REIT cash flows in 2020.…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett Reduces Exposure to the Banking Industry: Should You Exit Canadian Bank Stocks?

| Aditya Raghunath

Is Warren Buffett bearish on bank stocks?

Read more »

edit Colleagues chat over ketchup chips
Dividend Stocks

CRA Tax Deadline Moved: Time to Add These 2 Tax Deductions

| Adam Othman

Consider investing in the Toronto-Dominion Bank stock as you take advantage of the CRA tax delays.

Read more »

Paper airplanes flying on blue sky with form of growing graph
Dividend Stocks

3 Stocks Set to Skyrocket After the Lockdown Is Over

| Adam Othman

The Restaurant Brands International stock, Alimentation Couche-Tard stock, and Canadian Tire stock could soar after the pandemic is over.

Read more »

question marks written reminders tickets
Dividend Stocks

Investors: Are Canadian Banks Still Worthy Investments in the Age of Coronavirus?

| Joey Frenette

The Canadian banks are in a world of pain amid the coronavirus pandemic and although downside risks are high, the…

Read more »

Money growing in soil , Business success concept.
Dividend Stocks

TFSA Income Investors: Big Dividend Stocks to Buy in 2020

| Kay Ng

Take market dip opportunities to lock in high yields in your TFSA. Then sit back and earn a massive passive-income…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

This Is the Biggest Mistake You Need to Avoid in Your TFSA

| Christopher Liew, CFA

The TFSA is a one-of-a-kind wealth builder. You won’t pay taxes by following the rule. Keep a blue-asset like the…

Read more »

Young woman sat at laptop by a window
Dividend Stocks

Should Twitter’s Work-From-Home Policy Worry Office REIT Investors?

| Brian Paradza, CFA

Should investors in office real estate operators like Dream Office REIT (TSX:D.UN) be concerned when tech firms like Twitter increasingly…

Read more »

edit Close-up Of A Piggybank With Eyeglasses And Calculator On Desk
Dividend Stocks

3 Top Dividend Stocks for a TFSA Income Fund

| Andrew Walker

Here are three cheap top-quality dividend stocks for a TFSA today.

Read more »

Man considering whether to sell or buy
Dividend Stocks

Income Investors: 1 TSX Dividend Stock to Buy and 1 to Avoid

| Robin Brown

TSX income investors need to be aware of the risks of buying high-yielding stocks. Here is one stock to just…

Read more »

Senior Man Sitting On Sofa At Home With Pet Labrador Dog
Dividend Stocks

Retirees: Should You Take CPP at 60 Because of COVID-19?

| Andrew Button

If you hold ETFs like the iShares S&P/TSX 60 Index Fund (TSX:XIU) in an RRSP, you don't need to take…

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

Forget BCE (TSX:BCE): Here Are 3 Dividend Stocks If You’re Hungry for a Bigger Bargain

| Joey Frenette

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) and another dividend deal that income investor should consider buying today.

Read more »

Couple relaxing on a beach in front of a sunset
Dividend Stocks

Retirees: Boost Your CPP Payments With 1 Simple Move

| Christopher Liew, CFA

Would-be retirees with no health problems or urgent financial needs can boost CPP payments by deferring retirement. With income from…

Read more »

Burning gas and electric cooker rings
Dividend Stocks

1 Top Canadian Natural Gas Stock to Buy Today

| Matt Smith

Ignore the pessimism surrounding Canadian natural gas stocks, buy Canacol Energy Ltd. (TSX:CNE) today and lock-in a 6% yield.

Read more »

A person suffering
Dividend Stocks

Laid off Due to COVID-19? That $2,000 CERB Check Won’t Get You Far

| Andrew Button

If you're worried that CERB won't get you far, consider dividend ETFs like the iShares S&P/TSX 60 Index Fund (TSX:XIU).

Read more »

Bank sign on traditional europe building facade
Bank Stocks

Buy Alert: This High-Quality Bank Stock Is Still Down 30%

| Nelson Smith

High quality bank stocks like TD Bank (TSX:TD)(NYSE:TD) are still on sale. What are you waiting for, long-term investors?

Read more »

Senior couple at the lake having a picnic
Dividend Stocks

Retirees: Here’s How You Can Avoid the OAS Clawback in 2020

| Ambrose O'Callaghan

Retirees who receive OAS payments must also pay taxes on that income, but there are several effective ways to reduce…

Read more »

Supermarket aisle with empty green shopping cart
Dividend Stocks

Market Crash 2.0 – Are You Prepared?

| Mat Litalien, MBA

The next market crash may be just around the corner. Consider adding stocks such as Newmont (TSX:NGT)(USA) and Metro (TSX:MRU)…

Read more »

hand using ATM
Dividend Stocks

Bank of Montreal (TSX:BMO) Cratered 42% — Buy the Stock Before it Corrects to the Upside

| Joey Frenette

Bank of Montreal (TSX:BMO)(NYSE:BMO) is a must-buy for value-conscious income investors looking to play a rebound in the hard-hit banking…

Read more »

A miner down a mine shaft
Metals and Mining Stocks

4 Great TSX Gold Stocks to Buy in May

| Victoria Hetherington

Barrick Gold (TSX:ABX)(NYSE:GOLD) is one of the best gold stocks on the TSX. Let’s explore some other strong plays in…

Read more »

Growth from coins
Dividend Stocks

Collect $1,000 in Monthly Passive Income With These 3 Dividend Studs

| Nelson Smith

Passive income lovers, rejoice! Great dividend payers like Crombie REIT (TSX:CRR.UN), Power Corporation (TSX:POW) and Rogers Sugar (TSX:RSI) are now…

Read more »

Male IT Specialist Holds Laptop and Discusses Work with Female Server Technician. They're Standing in Data Center, Rack Server Cabinet with Cloud Server Icon and Visualization
Tech Stocks

Have $2,000? Smart Investors Will Buy These Tech Stocks!

| Kay Ng

Don't miss out on the massive growth provided by tech stocks like Lighstspeed (TSX:LSPD) and Open Text (TSX:OTEX)(NASDAQ:OTEX).

Read more »

Knowledge concept with quote written on wooden blocks
Dividend Stocks

COVID-19: 2 Huge Canada Revenue Agency Changes

| Ambrose O'Callaghan

The COVID-19 pandemic has spurred major changes at the Canada Revenue Agency, which include a radical new benefit and an…

Read more »

question marks written reminders tickets
Dividend Stocks

Can RioCan REIT (TSX:REI.UN) Sustain its 10% Dividend Yield?

| Vishesh Raisinghani

Passive-income real estate stocks seem oversold. RioCan REIT (TSX:REI.UN) is trading at less than half of book value and could…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Investors: Invest $500 in This TSX Dividend Stock Right Now!

| Aditya Raghunath

The TFSA limit for 2020 stands at $6,000. Here's why you can buy dividend stocks like NFI Group and diversify…

Read more »

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

Invest $3,000 in This Stock and Never Worry

| Ryan Vanzo

Waste Connections Inc (TSX:WCN) is one of the most reliable businesses in Canada. Owning this stock lets you sleep easy…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

Never Mind the CRA: 2 Strong TSX Stocks for a TFSA

| Victoria Hetherington

Here's how names like Scotiabank (TSX:BNS)(NYSE:BNS) can help TFSA investors save tax-free for the long term.

Read more »

Volatile market, stock volatility
Dividend Stocks

Stock Market Crash Round 2: Now’s the Time to Prepare Yourself

| Andrew Button

If you're worried about a renewed stock market crash, a utility like Fortis Inc (TSX:FTS)(NYSE:FTS) could be your best friend.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

Yield Alert: RioCan REIT (TSX:REI.UN) Now Pays a 10.5% Dividend

| Nelson Smith

Investors are beginning to worry about RioCan REIT (TSX:REI.UN) and it's 10.5% yield. Here's why I'm not one of them.

Read more »