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

Dividend Stocks

3 Canadian Stocks to Build Wealth in 2021

| Andrew Button

Canadian Tire Corp (TSX:CTC.A) is an excellent stock for building wealth in 2021. These other picks are solid too.

Read more »

Dividend Stocks

CRA: 1 Big TFSA Change Could Save You Thousands of Dollars

| Adam Othman

Invest in Lightspeed POS to leverage tax-free capital growth through your Tax-Free Savings Account after this new update.

Read more »

Dividend Stocks

Uh-Oh! The CRA Could Come Knocking on Your Door To Return the $2,000 CERB

| Adam Othman

Invest in BCE to make the most of any savings you have as you learn about why the CRA could…

Read more »

Dividend Stocks

TFSA Investors: Prepare for a 2021 Stock Market Crash

| Robin Brown

A market crash is a perfect opportunity to load up your TFSA with top-quality stocks. Here is one TSX stock…

Read more »

Dividend Stocks

1 Simple Way to Make $500 Passive Income Per Month

| Christopher Liew, CFA

Dividend investing is the less-cumbersome way to make passive income. If you need cash flows every month, Extendicare stock and…

Read more »

Dividend Stocks

2 Stocks That Could Take Off in January

| David Jagielski

Corus Entertainment Inc (TSX:CJR.B) reports its earnings this month, and the company is overdue for a strong result.

Read more »

Dividend Stocks

2 Stocks That Are Absurdly Cheap Right Now

| Christopher Liew, CFA

Now is the best time to take positions in the Rogers Sugar stock and BlackBerry stock. At low prices, you’ll…

Read more »

Dividend Stocks

Got $3,000? Buy These 3 Top Dividend Stocks on Sale Right Now

| Sneha Nahata

These Dividend Aristocrats are trading at a discount and offer healthy yields.

Read more »

Dividend Stocks

Enbridge Stock Is a Buy Because it Won’t Stay This Cheap Forever

| Joey Frenette

Enbridge Inc. (TSX:ENB)(NYSE:ENB) continues to deal with its fair share of challenges, but the stock and the 8.2% yield are…

Read more »

Dividend Stocks

CRA: The CERB Repayment Date Is Here

| Andrew Button

If you hold index funds like iShares S&P/TSX 60 Index Fund (TSX:XIU) in a TFSA, you might never have to…

Read more »

Dividend Stocks

Forget Bitcoin: Here’s How to Turn $30,000 Into $990,000 for Retirement

| Andrew Walker

Bitcoin predictions for 2021 have some pundits targeting US$50,000. That could turn out to be the case, but investors might…

Read more »

Dividend Stocks

Canadians Are in Huge Debt and Owe Almost $2 For Every $1 They Have to Spend

| Adam Othman

Invest in Hydro One to protect and grow your capital amid a growing debt crisis in Canada, despite improvements in…

Read more »

Dividend Stocks

3 Dividend Aristocrats That Can Strengthen Your Portfolio Amid Fears of a Market Crash

| Rajiv Nanjapla

Amid the fears of a stock market crash, investors can strengthen their portfolio with these three Dividend Aristocrats, as dividend-paying…

Read more »

Dividend Stocks

1 High-Yield Dividend Stock to Buy and Never, Ever Sell

| Adam Othman

Invest in the Bank of Montreal and forget about the high-yield dividend stock in your portfolio to generate long-term returns.

Read more »

Dividend Stocks

Your Tim Hortons’ Breakfast Sandwich Is Changing!

| Demetris Afxentiou

The Tim Hortons breakfast sandwich is changing. Here's what investors should take note of, including whether freshly cracked eggs will…

Read more »

Dividend Stocks

CRA 2021 Update: 2 Need-to-Know Tax Changes

| Christopher Liew, CFA

The new TFSA contribution limit and the simplified work-from-home tax deduction are the need-to-know tax changes if you want to…

Read more »

Dividend Stocks

CRA: Do You Qualify for the New $500 Canada Sickness Recovery Benefit?

| Christopher Liew, CFA

Canadians who can’t work due to COVID-19 infection or other underlying health conditions can receive income support through the new…

Read more »

Dividend Stocks

3 Ways to Make $10,000 a Year With a $100,000 TFSA

| Kay Ng

Make +$10,000 every year with a $100,000 TFSA using a mix of these three strategies.

Read more »

Dividend Stocks

Warren Buffett: Do This in 2021 to Retire Rich

| Andrew Button

Warren Buffett's secret to wealth isn't what you think. Rather than stocks, he recommends index funds like the iShares S&P/TSX…

Read more »

Dividend Stocks

Warren Buffett: Get Ready for a 2021 Market Crash

| Robin Brown

Worried about a 2021 market crash? Warren Buffett's sage advice could be the difference between losing money and earning a…

Read more »

Dividend Stocks

3 Monthly Income Stocks for 2021

| Demetris Afxentiou

Reliable monthly income stocks are some of the most coveted investments on the market. Here are three great examples to…

Read more »

Dividend Stocks

Market Crash 2021: Protect Your Cash With These 2 Safe Stocks

| Adam Othman

Invest in Fortis and Jamieson Wellness to protect your capital in the next market crash that could happen in 2021.

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

This New Year, Learn How Warren Buffett Deals With a Market Crash

| Jitendra Parashar

Warren Buffett is always prepared for an unexpected market crisis that probably would make novice investors make investment decisions in…

Read more »

Dividend Stocks

TFSA Investors: Should Enbridge (TSX:ENB) Stock Belong in Your Portfolio in 2021?

| Brian Paradza, CFA

Here's why. Enbridge Inc.'s (TSX:ENB)(NYSE:ENB) stock remains a core holding candidate in TFSA accounts for Canadian investors.

Read more »

Dividend Stocks

2 Top Undervalued Stocks to Buy for 2021

| Aditya Raghunath

Value investors can look to add AltaGas and Quarterhill to their portfolios and generate outsized gains in 2021.

Read more »

Dividend Stocks

Canada Revenue Agency: There’s a New $400 Work-at-Home Tax Deduction!

| Adam Othman

The CRA has expanded upon (and simplified) one of their existing tax deduction for this tax year, because a lot…

Read more »

Dividend Stocks

3 Stock Tips I Wish I’d Known When I Started Investing

| Kay Ng

These are stock investing concepts I wish I knew when I started investing. I'd like to share them here.

Read more »

Dividend Stocks

Here’s a Clean Utility Stock for Your Portfolio

| Demetris Afxentiou

Is there such a thing as a clean utility stock? This stock is not only a cleaner stock over its…

Read more »

Dividend Stocks

5 Top Canadian Stocks to Buy for the New Year

| Andrew Walker

The top stocks to buy on the TSX Index right now might be the industry leaders in sectors that took…

Read more »

Stocks for Beginners

2 Top Canadian Stocks to Buy Now and Never Sell!

| Robin Brown

Looking for some top Canadian stocks to buy and hold forever? Tuck these two away, and you'll be grateful you…

Read more »

Dividend Stocks

TFSA Investors: 3 Canadian Dividend Stocks for a Growing Passive Income

| Sneha Nahata

Investors eyeing a tax-free passive-income stream could consider buying these stocks right now.

Read more »

Dividend Stocks

Passive Income: How to Make $500 a Month Without Working in 2021

| Daniel Da Costa

Here's how Canadians can use the tools from the Canadian government to build a growing passive-income stream and earn $500…

Read more »

Dividend Stocks

Top 2 TSX Stocks to Buy in 2021 Market Crash

| Puja Tayal

The new year brings fears of another stock market crash. Be prepared and informed on which stocks to buy in…

Read more »

Dividend Stocks

Telus (TSX:T) vs. Rogers (TSX:RCI.B): Here’s the Best 5G Bet for 2021

| Andrew Button

Between Telus Corp (TSX:T)(NYSE:TU) and Rogers Communications Inc (TSX:RCI.B)(NYSE:RCI), which is the better buy?

Read more »

Dividend Stocks

Attention: Don’t Let the CRA Take Away Your $2,000/Month CRB in 2021

| Puja Tayal

The CRA paid $2,000/month CRB to qualifying Canadians. But it can take your benefit away in 2021. You can stop…

Read more »

Dividend Stocks

Got $4,000 to Invest in a TFSA? I’d Buy These 2 Cheap Stocks Now

| Andrew Walker

TFSA investors with some cash on the sidelines want to know which stocks might be good buys in 2021.

Read more »

Dividend Stocks

3 Renewable Energy Stocks to Buy for 2021!

| Daniel Da Costa

Green energy is one of the best long-term opportunities for investors today. Here are the three best renewable energy stocks…

Read more »

Dividend Stocks

Canada Pension Plan: Your CPP Payments Might Increase in 2021!

| Christopher Liew, CFA

CPP payments might increase slightly in 2021, because contribution rates have been rising since 2019. If you need to supplement…

Read more »

Dividend Stocks

TFSA Users: 53% of You Are Making This Massive Mistake!

| Christopher Liew, CFA

Users continue to underutilize their TFSAs in 2020. To realize the tax-free money growth, don’t hoard cash. Start maximizing your…

Read more »

Tech Stocks

The 3 Best Canadian Stocks I’d Buy With $100 for 2021

| Sneha Nahata

These under $100 high-quality TSX stocks could handily outperform the broader market in 2021.

Read more »