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

A stock price graph showing declines
Dividend Stocks

Market Crash 2020: Will Royal Bank of Canada Stock Move Lower?

| Aditya Raghunath

Royal Bank of Canada (TSX:RY)(NYSE:RY) stock remains a compelling buy for long-term income investors who seek large but safe dividends.

Read more »

Road signs rerouting traffic
Dividend Stocks

TSX Stocks: 1 Industry I’d Avoid in 2020

| Daniel Da Costa

With coronavirus here to stay for the foreseeable future, I'd caution investors to avoid buying TSX stocks in this one…

Read more »

man sitting in front of 3 screens programming
Dividend Stocks

TSX Stocks: Is This 8.5% Dividend Safe?

| Daniel Da Costa

This top TSX dividend stock is nearly 30% off its 52-week high and offering a juicy 8.5% yield, but is…

Read more »

question marks written reminders tickets
Dividend Stocks

Can This 14.1% Yielder Maintain Its Generous Dividend?

| Nelson Smith

Can the Canoe EIT Income Fund (TSX:EIT.UN) maintain its generous dividend? Here's why it's likely way more secure than you'd…

Read more »

Businessperson's Hand Putting Coin In Piggybank
Dividend Stocks

Buy a Brookfield (TSX:BAM.A) Stock and Get Rich Over a Lifetime!

| Robin Brown

Today is an attractive opportunity to buy Brookfield (TSX:BAM.A)(NYSE:BAM) stocks. Buy one or buy them all; they all have long-term…

Read more »

A golden egg in a nest
Dividend Stocks

OAS Pension Risk: How Seniors Can Earn an Extra $289 Per Month and Avoid CRA Clawbacks

| Andrew Walker

Here's how Canadian retirees can boost their monthly incomes without being hit by a CRA clawback on their OAS pensions.

Read more »

pipe metal texture inside
Dividend Stocks

Enbridge (TSX:ENB) Dividend: Just How Safe Is This 7.7% Yield?

| Nelson Smith

Will Enbridge's (TSX:ENB)(NYSE:ENB) succulent 7.2% dividend yield survive over the long term? Or will income investors get a rude surprise…

Read more »

STACKED COINS DEPICTING MONEY GROWTH
Dividend Stocks

$3,000 Invested in 3 Value Stocks Could Make You a Fortune in 10 Years

| Christopher Liew, CFA

The stock market is acting strangely in the pandemic. However, making a fortune with measly capital is possible with the…

Read more »

Golden crown on a red velvet background
Dividend Stocks

Dividend Aristocrats: Outlook Is Bearish

| Mat Litalien, MBA

Long considered safe income stocks, Canadian Dividend Aristocrats are now cutting or suspending dividends at a record pace. The outlook…

Read more »

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

Warren Buffett Is Selling Stocks but STILL Recommends You Buy THIS!

| Andrew Button

Warren Buffett is selling stocks right now but does recommend holding index funds like the Horizons S&P 500 Index Fund…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett Says All Investors Need to Learn This 1 Boring Thing

| Adam Othman

Warren Buffett is generous about sharing his investing wisdom. His fundamental investment principles and his attitude towards businesses is something…

Read more »

hand using ATM
Dividend Stocks

A Canadian Bank That’s Still Down 50% From All-Time Highs!

| Joey Frenette

Canadian Western Bank (TSX:CWB) is a Canadian bank that value investors shouldn't count out if they seek deep value on…

Read more »

Simple life style relaxation with Asian working business woman healthy lifestyle take it easy resting in comfort hotel or home living room having free time with peace of mind and self health balance
Dividend Stocks

Royal Bank of Canada (TSX:RY) Just Became a Must-Buy on the Dip

| Joey Frenette

Royal Bank of Canada (TSX:RY)(NYSE:RY) is a compelling buy for long-term income investors who seek large, but safe dividends.

Read more »

Daffodils in bloom
Dividend Stocks

3 Top Stocks for TSX Investors to Buy in May

| Victoria Hetherington

Here’s why Canadian National Railway (TSX:CNR)(NYSE:CNI) and two other top TSX stocks are solid buys this month.

Read more »

edit Safety First illustration
Dividend Stocks

Have $1,000? 1 Top Canadian Defensive Stock Yielding 8% to Buy Today

| Matt Smith

Boost your exposure to defensive stocks. Buy Northwest Healthcare REIT (TSX:NWH.UN) today and lock in an 8% yield.

Read more »

Coronavirus written newspaper close up shot to the text.
Dividend Stocks

The Impact of COVID-19 on 5G TSX Stock Returns

| Debra Ray

Canadian investors should buy BCE Inc (TSX:BCE)(NYSE:BCE) stock before the global stock market completes its rebound after the Covid-19 crisis.

Read more »

TIMER SAYING TIME FOR ACTION
Dividend Stocks

Market Rally: Time to Buy Enbridge (TSX:ENB) Stock?

| Ryan Vanzo

If you want to profit from the market rally but don't want to assume a bunch of extra risk, take…

Read more »

falling red arrow and lifting
Bank Stocks

Market Crash: Another Chance to Buy Royal Bank of Canada (TSX:RY) Stock

| Kay Ng

There is lots to like about Royal Bank of Canada (TSX:RY)(NYSE:RY) stock, but wait for the crash before buying (more)…

Read more »

Hand holding smart phone with online shop concept on screen
Dividend Stocks

Behind Cargojet’s (TSX:CJT) Stock Price Surge

| Debra Ray

You should buy Cargojet (TSX:CJT) stock to profit from quick e-commerce trends rather than Shopify (TSX:SHOP)(NYSE:SHOP).

Read more »

A stock price graph showing declines
Dividend Stocks

Market Crash: Is a 2nd Round Coming?

| Daniel Da Costa

With North American stock markets rallying as the economy continues to see pain, is a second market crash likely in…

Read more »

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

Got $5,000? 2 TFSA Top Picks to Buy Now

| Joey Frenette

You should buy Alimentation Couche-Tard Inc. (TSX:ATD.B) and another cheap dividend stock for your TFSA amid the coronavirus crisis.

Read more »

Volatile market, stock volatility
Dividend Stocks

3 TSX Stocks to Buy When the Market Bottoms

| Daniel Da Costa

These are the top three TSX stocks to consider buying if the market has another pull back again before we…

Read more »

A stock price graph showing declines
Dividend Stocks

Warren Buffett’s Favourite Book Can Help You During This Market Crash

| Christopher Liew, CFA

Warren Buffett learned the proper framework for investing from his favorite book. His portfolio of stocks, including the Restaurant Brands…

Read more »

An airplane on a runway
Dividend Stocks

Ignore Air Canada (TSX:AC): Buy This Stock Instead!

| Adam Othman

As Air Canada nears bankruptcy, it might be time to ditch the stock and buy shares of a stock like…

Read more »

Happy Retirement” on a road
Dividend Stocks

Retirees: Start Your CPP Pension at 60 or 65?

| Adam Othman

If you don’t own significant shares of defensive stocks like Fortis Inc., you might have to consider starting your CPP…

Read more »

Happy retirement
Dividend Stocks

Retirees: Use These 3 Easy Tricks to Maximize Your CPP Income

| Nelson Smith

Investing in solid ETFs like the BMO Canadian Dividend ETF (TSX:ZDV) is just easy way to increase your CPP income…

Read more »

Where to Invest?
Dividend Stocks

Canada Revenue Agency: 5 Tax Breaks You Can Grab in 2020!

| Andrew Button

If you hold dividend stocks like Fortis Inc (TSX:FTS)(NYSE:FTS) you can claim several Canada Revenue Agency tax credits.

Read more »

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

TSX Stocks: Mighty Monthly Dividends to Survive the Harsh Times

| Vineet Kulkarni

Canadian investors can cover their monthly expenses with the help of stable and safe dividends offered by these three TSX…

Read more »

edit Balloon shaped as a heart
Dividend Stocks

The Stock Market Rally Loves This Dividend Stock

| Ryan Vanzo

If you want to bet on the stock market rally without assuming a bunch of risk, trust Brookfield Renewable Partners…

Read more »

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

Retirees: Boost Your CPP With Dividend-Paying Stocks

| Aditya Raghunath

Canadians nearing retirement need to create a portfolio of top-quality, dividend-paying stocks to support pension payments.

Read more »

Businessman looking at a red arrow crashing through the floor
Energy Stocks

Oil Prices Dropped Below ZERO: Is Enbridge (TSX:ENB) in Trouble?

| Christopher Liew, CFA

All eyes are on the Enbridge stock following the deep fall of oil prices in 2020. There might be trouble…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

3 Top Stocks to Buy Now to Power Your TFSA During a Recession

| Haris Anwar

For long-term TFSA investors, the current market weakness offers a good opportunity to stash their portfolios with top dividend stocks.

Read more »

Payday ringed on a calendar
Dividend Stocks

Top Monthly Dividend Stocks in Canada

| Mat Litalien, MBA

Dividend cuts are accelerating. Investors need to be selective when looking for reliable stocks that pay monthly dividends.

Read more »

Wireless technology
Dividend Stocks

#1 Tech Stock to Buy After COVID-19 Crisis

| Debra Ray

You should buy stock in Open Text (TSX:OTEX)(NASDAQ:OTEX) or the S&P/TSX Capped IT Index for strong returns during the COVID-19…

Read more »

Growth from coins
Dividend Stocks

3 Dividend Stocks Paying Up to 8.5%

| David Jagielski

Investors can still earn a great, safe yield with Telus Corp (TSX:T)(NYSE:TU) and these two other stocks.

Read more »

question marks written reminders tickets
Dividend Stocks

Coronavirus: Invest Now or Wait Until the TSX Index Improves?

| Joey Frenette

Canadian investors should consider defensive dividend kings like Hydro One (TSX:H) that are easy to value in the coronavirus era

Read more »

Mature financial advisor showing report to young couple for their investment
Dividend Stocks

Value Investors: These 3 Dividend Cut Stocks Are Still Interesting Buys Today

| Nelson Smith

Dividend cuts aren't a problem if you stick with quality like Inter Pipeline (TSX:IPL) and MTY Food Group (TSX:MTY), solid…

Read more »

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

4 Top Canadian Bank Stocks for Dividend Investors

| Victoria Hetherington

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) joins three other big names in Canadian bank stocks in a breakdown of buyability.

Read more »

Question marks in a pile
Dividend Stocks

Oil Stocks, Airlines, or ETFs: Where’s the Best Place to Invest Your Money?

| Andrew Button

Many investors are considering buying Air Canada (TSX:AC) stock, but is it a good idea?

Read more »

office buildings
Dividend Stocks

Real Estate: 3 Top TSX Stocks to Own in a Pandemic Crisis

| Robin Brown

Real estate stocks on the TSX have been challenged in the pandemic. Yet here are three best-in-class REIT stocks trading…

Read more »