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

A close up color image of a small green plant sprouting out of a pile of Canadian dollar coins "loonies."
Dividend Stocks

1 No-Brainer Dividend Stock to Buy Now and Hold Forever

| Amy Legate-Wolfe

The easiest way to create dividend income? Investing in a stock providing consumer staples.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

Should You Buy the 2 Highest-Paying Dividend Stocks in the TSX?

| Amy Legate-Wolfe

These might not have the highest dividend yield, but these dividend stocks definitely have the highest payments.

Read more »

Canadian dollars in a magnifying glass
Dividend Stocks

These 7% Dividend Stocks Are Worth a Good Look

| Joey Frenette

SmartCentres REIT (TSX:SRU.UN) and another 7% yielder actually look quite safe.

Read more »

Map of Canada showing connectivity
Dividend Stocks

Is BCE a Good Dividend Stock to Buy Now?

| Daniel Da Costa

With BCE stock down 25% over the last year and its yield now sitting at 5%, is it one of…

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

2 Magnificent TSX Dividend Stocks Down 10% to 20% to Buy and Hold Forever

| Rajiv Nanjapla

Given their consistent dividend growth, stable cash flows, high yields, discounted stock prices, and healthy growth prospects, these two TSX…

Read more »

Colored pins on calendar showing a month
Dividend Stocks

Is Mullen Group a Good Monthly Paying Dividend Stock?

| Jitendra Parashar

While Mullen Group might be losing some market attention now, smart moves behind the scenes may help this monthly dividend…

Read more »

dividend growth for passive income
Dividend Stocks

How it’s Possible to Turn a $7,000 TFSA Into $70,000

| Robin Brown

A $7,000 TFSA contribution could become as much as $70,000 if you pick the right stocks and hold patiently.

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

TSX Volatility? These 2 Stocks Could Be the Most Reliable for the Next 20 Years

| Jitendra Parashar

Volatility may come and go, but the strength in these two TSX dividend stocks could last across decades.

Read more »

woman looks at iPhone
Dividend Stocks

Is BCE’s Ultra-High Dividend Yield Worth the Risk?

| Daniel Da Costa

Is BCE still the same high-quality dividend stock as in the past, or should you be concerned about its yield?

Read more »

A plant grows from coins.
Dividend Stocks

The Smartest Dividend Stocks to Buy With $300 Right Now

| Robin Brown

Only got $300 to invest? Put it into these three defensive dividend stocks to outlast any potential market turmoil.

Read more »

dividend growth for passive income
Dividend Stocks

These Are My 5 Favourite Dividend Stocks to Buy Now 

| Puja Tayal

Staying invested in these Canadian stocks can increase your long-term yield.

Read more »

the word REIT is an acronym for real estate investment trust
Dividend Stocks

The Best REITs I’d Buy Right Now

| Amy Legate-Wolfe

REITs can be some of the best ways to create passive income each month, and these three look like the…

Read more »

a person searches for information on the internet
Dividend Stocks

If You Bought 100 Shares of High-Yielding BCE, This Is How Much Passive Income You’d Get in 1 Year 

| Puja Tayal

Discover how BCE's journey from telco to techno influences its dividend policy and overall market performance.

Read more »

dividends grow over time
Dividend Stocks

3 No-Brainer Blue-Chip Stocks to Buy With $2,000 Right Now

| Amy Legate-Wolfe

Are you looking for stocks that won't keep you up at night? These are the top three to consider.

Read more »

shopper chooses vegetables at grocery store
Dividend Stocks

Own Loblaw Stock? This Is the 1 Thing to Watch Now

| Amy Legate-Wolfe

Loblaw stock just made a big move, so is it still a buy?

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

Is Brookfield Asset Management Stock a Buy After its Exciting Earnings?

| Brian Paradza, CFA

Brookfield Asset Management (BAM) stock has delivered 102% in total returns in three years. Recent earnings point to sustained growth…

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

Dividend Stocks That Make Your Money Work Harder Than You Ever Did

| Demetris Afxentiou

You can easily make your money work harder for you, provided you pick the right investments. Here's a trio that…

Read more »

Muscles Drawn On Black board
Dividend Stocks

All-Time Highs Got You Worried? Where Smart Canadian Money Can Go Now

| Kay Ng

If you're worried about a frothy market, here are several things you can do!

Read more »

rail train
Dividend Stocks

Is Canadian Pacific Kansas City a Buy?

| Amy Legate-Wolfe

It's been years since CP merged with KSU, so where does the stock stand today?

Read more »

hand stacks coins
Dividend Stocks

3 Canadian Dividend Stocks That Don’t Cut Their Payouts

| Sneha Nahata

These dividend stocks have a strong record of never reducing payouts and are well-positioned to keep growing their dividends.

Read more »

dividends can compound over time
Dividend Stocks

3 No-Brainer Canadian Stocks to Buy With $500 Right Now

| Amy Legate-Wolfe

Are you looking for Canadian stocks that won't keep you up at night? Here are three to consider.

Read more »

Canadian Dollars bills
Dividend Stocks

How I’d Build a Monthly Income-Generating Portfolio From $20,000

| Aditya Raghunath

Investing in monthly TSX dividend stocks such as Whitecap and EIF should help you benefit from a steady passive-income stream.

Read more »

engineer at wind farm
Dividend Stocks

2 Safer Canadian Stocks to Buy Now With $1,000

| Rajiv Nanjapla

Given their solid underlying businesses and consistent dividend payouts, these two Canadian stocks are safer bets in this uncertain outlook.

Read more »

dividend growth for passive income
Dividend Stocks

The Top Canadian Stocks I’d Buy for Their Dividend Growth 

| Puja Tayal

Here are two stocks that could help you earn dividends that grow faster than inflation and increase the purchasing power…

Read more »

data analyze research
Dividend Stocks

Is Exchange Income Corporation a Good Monthly Paying Dividend Stock?

| Demetris Afxentiou

Do you want a good monthly paying dividend stock? Here's one option that's up 20% this year that boasts solid…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Max Your TFSA Impact: 2 Dividend Stocks to Buy and Hold Forever

| Sneha Nahata

These dividend stocks provide consistent income and steady growth, making them ideal candidates for your TFSA portfolio

Read more »

senior relaxes in hammock with e-book
Dividend Stocks

3 Top Stocks to Buy in August for Passive Income

| Puja Tayal

Unlock the potential of passive income through consistent investing. Discover strategies to maximize your earnings today.

Read more »

Female raising hands enjoying vacation, standing on background of blue cloudless sky.
Dividend Stocks

Wake Up Every Morning Knowing Your Dividends Are Safe With These Stocks

| Sneha Nahata

While dividends are not 100% guaranteed, these TSX stocks have sustainable payouts, making them reliable income stocks.

Read more »

Oil industry worker works in oilfield
Dividend Stocks

Is Whitecap Resources a Good Monthly Paying Dividend Stock?

| Amy Legate-Wolfe

Do you need monthly income? Then this could be a top option.

Read more »

stocks climbing green bull market
Dividend Stocks

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

| Aditya Raghunath

ELVA, QSR and GSY are three top TSX stocks you can buy with $3,000 right now. Let's see why.

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

Should You Forget Enbridge Stock and Buy This Magnificent Dividend Stock Instead?

| Amy Legate-Wolfe

Looking for another option beyond Enbridge stock? Here's the perfect choice.

Read more »

Hourglass and stock price chart
Dividend Stocks

Telus Pays Investors Every 3 Months Without Fail 

| Puja Tayal

Discover how Telus is managing challenges in the Canadian telecom sector while continuing to reward investors.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

The Perfect TFSA Stock: 6.8% Yield Paying Cash Every Single Month 

| Puja Tayal

Convert your TFSA balance into a pension or alternate source of income with this 6.8% yield stock that pays cash…

Read more »

alcohol
Dividend Stocks

3 Secrets of TFSA Millionaires

| Aditya Raghunath

Getting to $1 million within a TFSA might seem overwhelming at first. However, you can follow three simple rules to…

Read more »

diversification is an important part of building a stable portfolio
Stocks for Beginners

Build an Income Portfolio With Just $5,000

| Demetris Afxentiou

Did you know that you could build an income portfolio to rival the best with a fraction of the investment?…

Read more »

dividends can compound over time
Dividend Stocks

2 Blue-Chip Canadian Stocks That Offer Over 6% Dividend Yields

| Rajiv Nanjapla

Considering their reliable cash flows, high yields, and healthy growth prospects, these two blue-chip Canadian stocks are ideal buys as…

Read more »

rail train
Dividend Stocks

Is Canadian National Railway a Buy?

| Andrew Walker

Is Canadian National Railway now oversold?

Read more »

A plant grows from coins.
Dividend Stocks

3 Monthly Paying Dividend Stocks to Boost Passive Income

| Rajiv Nanjapla

Given their reliable cash flows, high yields, and healthy growth prospects, these three monthly-paying dividend stocks are ideal to boost…

Read more »

Dividend Stocks

2 Top Canadian Dividend Stocks to Buy Now

| Rajiv Nanjapla

Given their consistent dividend growth, reliable cash flows, and healthy growth prospects, these two dividend stocks are ideal buys right…

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

How I’d Structure My TFSA With $14,000 for Consistent Monthly Income 

| Puja Tayal

Learn how to generate consistent monthly income from investments with strategic use of your money and dividend stocks.

Read more »