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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

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Enbridge Is a High-Yielding Canadian Dividend Stock to Buy Now and Own Forever

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Here’s the Stock I’m Buying, as I Plan for a Stock Market Crash

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Passive income in a TFSA is untouchable by the CRA. Users can earn as much as $800 in tax-free income…

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Investors shun stock markets, as they are afraid of the volatility. However, it is the most convenient and cost-effective way…

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The new TFSA and RRSP annual contributions are the much-awaited tax changes in 2021. To save for retirement or build…

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Canadian homebuyers can withdraw up to $35,000 from their RRSP without paying taxes to the CRA under the HBP.

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Looking to buy some TSX dividend stocks? There are many great options out there, but these two heavyweights are worth…

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| Kay Ng

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| Sneha Nahata

Enbridge hiked its annual dividend for the 26th consecutive year, reflecting the resiliency of its cash flows.

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CPP users are biting the bullet again in 2021 as the third round of contribution rate means a smaller paycheck.…

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