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

calculate and analyze stock
Dividend Stocks

Defensive Investors: You Need This Stock

| Demetris Afxentiou

Defensive investors looking for a stable investment with a massive moat, which can also generate substantial passive income should consider…

Read more »

analyze data
Dividend Stocks

Got $1,000? 3 Top Dividend Stocks to Buy for 1st-Time Investors

| Vineet Kulkarni

Dividend stocks outperform broader markets in the long run. Here are three TSX dividend stocks that investors can consider for…

Read more »

investment research
Dividend Stocks

3 Top Canadian Stocks to Buy Before Summer

| Chris MacDonald

Here are three of my top picks I think investors would be remiss to ignore at these levels today.

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy With $1,000 Right Now

| Nicholas Dobroruka

If you’ve got cash ready to invest, now is the time to load up on Canadian stocks. Here are three…

Read more »

Dividend Stocks

2 Stocks That Are Industry Titans

| Adam Othman

Invest in Royal Bank of Canada and BCE to secure two industry giants in your investment portfolio forever.

Read more »

Dividend Stocks

3 Reasons to Feel Uneasy About the Stock Market

| Christopher Liew, CFA

The stock market continues its steady performance in 2021, although there are three reasons why investors still feel uneasy. Moving…

Read more »

Dividend Stocks

Green Energy Continues to Grow: 2 of the Best Stocks to Buy Now!

| Daniel Da Costa

The green energy industry is just beginning a years-long expansion as we fight climate change, making these stocks two of…

Read more »

Dividend Stocks

5 of the Best TSX Stocks for Predictable Passive Income

| Sneha Nahata

Dividend-paying stocks are one of the best ways to generate a predictable passive income stream.

Read more »

Dividend Stocks

Small-Cap Stocks Thrashed Large Caps in 2021: 3 TSX Stocks to Buy Today

| Vineet Kulkarni

Small-cap TSX stocks have substantially outperformed their larger counterparts in the recent rally.

Read more »

Dividend Stocks

Are We on the Brink of a Recession?

| Christopher Liew, CFA

Canada has been in recession since May 2020, although the economy is slowly recovering from the pandemic’s devastation. Investors can…

Read more »

Dividend Stocks

CRA Tax Deadline: It’s NOT Extended in 2021

| Christopher Liew, CFA

The CRA didn’t extend the tax filing and tax payment deadline in 2021 because it could delay processing of credit…

Read more »

Dividend Stocks

CN Railway (TSX:CNR) vs CP Railway (TSX:CP): Who Will Win?

| Andrew Button

CN Railway (TSX:CNR)(NYSE:CNI) and Canadian Pacific Railway (TSX:CP)(NYSE:CP) are in a bidding war for a major U.S. railway. Who will…

Read more »

Dividend Stocks

Could Enbridge (TSX:ENB) Be a Canadian Millionaire-Maker Stock?

| Joey Frenette

Enbridge (TSX:ENB)(NYSE:ENB) won't make you filthy rich over the near-term like Bitcoin can, but could it still be a long-term…

Read more »

Bank Stocks

TD Bank (TSX:TD) Could Make a Massive Acquisition in 2021

| Joey Frenette

TD Bank (TSX:TD)(NYSE:TD) stock skyrocket if it makes a major U.S. retail banking acquisition this year, making it my top…

Read more »

Dividend Stocks

Dogecoin: Why Is It Up a Shocking 4,310.07% in 2021?

| Adam Othman

Dogecoin’s valuation is seeing astronomical ups and downs, but a stock like Fortis could be a better way for you…

Read more »

Dividend Stocks

CRA CPP Pension: Should You Start at 60 or 65?

| Adam Othman

Invest in Telus stock to begin building a tax-free revenue stream in your TFSA to supplement your retirement income.

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy Right Now With $1,000

| Vineet Kulkarni

TSX stocks at large have gained 35% in the last 12 months. Markets look in great shape and might continue…

Read more »

Dividend Stocks

2 Canadian Stocks That Could See Explosive Growth Soon

| Christopher Liew, CFA

Canada’s economy is rebounding faster than other advanced economies. For investors looking for explosive growth, Sun Life Financial stock and…

Read more »

stock research, analyze data
Dividend Stocks

Fortis (TSX:FTS) Stock Is My GIC: Only Better!

| Kay Ng

Here's why dividend stocks like Fortis (TSX:FTS)(NYSE:FTS) stock could be better income and investment vehicles than GICs.

Read more »

Dividend Stocks

2 Top TSX Growth Stocks With Lots to Gain

| Kay Ng

Consider buying these TSX growth stocks that have much upside and little downside!

Read more »

Dividend Stocks

Suncor (TSX:SU) Stock: Should You Buy, Sell, or Hold?

| Aditya Raghunath

Here's why investing in Suncor stock remains a risky bet, despite the ongoing recovery in oil prices.

Read more »

analyze data
Dividend Stocks

5 TSX Stocks Paying More Than 5% Dividend

| Puja Tayal

Are you a dividend seeker? Then here is a well-diversified portfolio of five stocks to lock in a dividend yield…

Read more »

Bank Stocks

How to Determine if a Stock Is Cheap or Not

| Kay Ng

Thinking of buying stocks but don't know which are good buys now? Read this to get an idea.

Read more »

Dividend Stocks

How to Build a Defensive Stock Portfolio Today

| Kay Ng

Not sure if your strategy is good enough? Here are some tips to help you build a defensive stock portfolio…

Read more »

Dividend Stocks

Gold Is Cheap: 2 Stocks to Buy Now

| Daniel Da Costa

With gold being so cheap, these two Canadian stocks offer massive upside potential, making them some of the best stocks…

Read more »

Dividend Stocks

Is Algonquin Power (TSX:AQN) Stock a Must-Buy at $20?

| Adam Othman

Algonquin stock has come down a bit from its recent peak, making it ripe for picking. It’s discounted and fairly…

Read more »

Dividend Stocks

2 Growth Stocks to Buy Before They Go to the Moon

| Adam Othman

In the aftermath of the 2020 market crash, a lot of stocks went to the moon and came back. There…

Read more »

Bank Stocks

TD Bank Stock (TSX:TD): A Top Bank Stock to Buy Now

| Karen Thomas, MSc, CFA

TD Bank stock and Royal Bank are the two highest quality Canadian banks stocks to buy now - and they…

Read more »

Dividend Stocks

3 High-Yield Stocks at Jaw-Dropping Prices

| Adam Othman

Buying high-yield dividend stocks is one of the easiest ways to start a passive income. However, make sure the high…

Read more »

Dividend Stocks

Forget Air Canada (TSX:AC): 2 Stocks to Buy at a Steal

| Christopher Liew, CFA

Air Canada got its relief package but it wasn’t enough to whet investors’ appetite. Corus Entertainment stock and Shaw Communications…

Read more »

Dividend Stocks

How to Retire in Comfort With ONLY Your OAS and CPP Pension

| Christopher Liew, CFA

Retiring in comfort with only the OAS and CPP pension is possible. But for good measure, augment them with investment…

Read more »

Dividend Stocks

Buy Alert: 1 REIT that Can Give You 8.4% Dividends

| Adam Othman

If you want to invest in real estate, but you are worried that the shaky housing market might not be…

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy Immediately

| Christopher Liew, CFA

Canadians with investment appetites today should waste no time buying the top three TSX stocks. The Toronto Dominion Bank stock,…

Read more »

Dividend Stocks

3 Easy Tricks to Make Passive Income Every Day

| Amy Legate-Wolfe

You don't have to buy real estate to create a passive income stream, just try out these tricks that will…

Read more »

Dividend Stocks

The 3 Best Dividend Stocks Canada Offers Above 5%

| Amy Legate-Wolfe

If you're looking for the best dividend stocks Canada has right now, look no further than these with yields around…

Read more »

Dividend Stocks

Lumber Is Soaring: Here’s a Top Pick to Consider Buying Today

| Chris MacDonald

Here's why West Fraser Timber (TSX:WFT) is a top pick for investors consider playing the commodities rally right now.

Read more »

Dividend Stocks

3 Ways the Housing Market Could Correct

| Vishesh Raisinghani

The Canadian housing market is overheating. If prices drop in the year ahead, the impact could spread to banks like…

Read more »

Dividend Stocks

This Renewable Energy Stock Has it All

| Demetris Afxentiou

Picking the right renewable energy stock for your portfolio can provide years of growth and income-earning opportunities.

Read more »

Dividend Stocks

Here’s Something for Investors Wanting a Rental Property

| Demetris Afxentiou

Investors looking for an alternative to traditional rental property options should consider this impressive growth and income-generation stock.

Read more »

Dividend Stocks

RioCan Stock: Should You Buy This REIT for its 4.7% Yield?

| Aditya Raghunath

RioCan has cut its dividend payout, but the stock still has a forward yield of 4.7%.

Read more »