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

More information about dividend stocks in Canada:

[KevelPitch/]

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

Utility, wind power
Dividend Stocks

Why Putting $7,000 in These Renewable Energy Stocks Makes Sense Now

| Jitendra Parashar

If you’re thinking long term, these two high-yield renewable energy stocks could turn that $7,000 into something much bigger.

Read more »

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

Is TD Bank Stock a Good Buy in June 2025?

| Adam Othman

Consider investing in the second biggest bank in Canada if you’re in search of investments to add to your self-directed…

Read more »

Person holding a smartphone with a stock chart on screen
Dividend Stocks

Is This the One? An Undervalued Canadian Stock With Massive Upside

| Christopher Liew, CFA

An undervalued Canadian stock, a likely growth powerhouse, is a screaming buy in June 2025.

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

Want Decades of Passive Income? 3 Canadian Stocks to Buy Right Now

| Demetris Afxentiou

Want to establish decades of passive income from a handful of stocks? Here are three options that can do that…

Read more »

four people hold happy emoji masks
Dividend Stocks

2 Soaring TSX Stocks to Watch in the Second Half of 2025

| Amy Legate-Wolfe

These two dividend stocks offer major growth and are already up significantly this year alone!

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Your TFSA’s Anchor: A Canadian Stock for the Very Long Run

| Christopher Liew, CFA

Canada’s dividend pioneer is the perfect anchor stock in a TFSA investment portfolio.

Read more »

The sun sets behind a power source
Dividend Stocks

Northland Power: Buy, Sell, or Hold?

| Kay Ng

Northland Power is a higher-risk utility that offers an attractive mix of high yield, global clean energy exposure, and project-driven upside.

Read more »

investor looks at volatility chart
Dividend Stocks

Creating a $35,000 Portfolio That Can Withstand Market Volatility

| Sneha Nahata

These stocks have a long track record of generating stable earnings regardless of market conditions and offering higher dividends.

Read more »

A lake in the shape of a solar, wind and energy storage system in the middle of a lush forest as a metaphor for the concept of clean and organic renewable energy.
Dividend Stocks

Invest $20,000 in This TSX Stock for $1,183.42 in Passive Income

| Amy Legate-Wolfe

If you're hoping to make even more cash from a $20,000 investment, then certainly consider this top dividend stock.

Read more »

Asset Management
Dividend Stocks

Capitalize on the Comeback: Top 2 TSX Stocks to Buy Now

| Christopher Liew, CFA

Two TSX stocks are “strong buys” today following their stellar first-quarter financial results and positive growth outlook.

Read more »

dividends can compound over time
Dividend Stocks

2 Canadian Dividend Stocks to Buy and Hold for the Next 20 Years

| Amy Legate-Wolfe

There are some dividend stocks that are simply not going any where any time soon, and these are two options.

Read more »

Hourglass and stock price chart
Dividend Stocks

Is Fortis Stock a Buy Now?

| Andrew Walker

Fortis is up more than 17% in the past year. Are more gains on the way?

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

Best Stock to Buy Right Now: Suncor vs Cenovus?

| Andrew Walker

Suncor and Cenovus are moving higher. Is one still oversold?

Read more »

bulb idea thinking
Dividend Stocks

The Best Way to Invest $50,000 in Today’s Canadian Market

| Rajiv Nanjapla

Given their solid underlying businesses and healthy growth prospects, these three Canadian stocks would be ideal buys in these market…

Read more »

money goes up and down in balance
Dividend Stocks

Got $20,000? Turn it Into $200,000 in a TFSA as the Canadian Dollar Rises

| Amy Legate-Wolfe

This stock is one of the best options for those seeking growth as the Canadian dollar rises, and could even…

Read more »

TFSA (Tax-Free Savings Account) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

I’d Bet My Entire TFSA on This 7.2% Monthly Dividend Stock

| Amy Legate-Wolfe

This dividend stock is one of the "smartest" out there for those seeking passive income.

Read more »

Canadian Dollars bills
Dividend Stocks

Here’s How Many Shares of TELUS Stock You Should Own to Get $1,000 in Annual Dividends

| Amy Legate-Wolfe

TELUS stock is a strong option, but is the investment worth it for $1,000 in dividends?

Read more »

Hand Protecting Senior Couple
Dividend Stocks

Turn Your TFSA Into a Retirement Powerhouse With This 6.3% Dividend Stock

| Amy Legate-Wolfe

If you're hoping for some extra cash, then a dividend stock like this is exactly where you need to start.

Read more »

money cash dividends
Dividend Stocks

An 8.8% Dividend Stock Paying Cash Every Single Month

| Amy Legate-Wolfe

Dividend stocks are some of the best options to create income as well as compound your growth!

Read more »

voice-recognition-talking-to-a-smartphone
Stocks for Beginners

How to Invest Your First $5,000 in the Stock Market as a Canadian

| Demetris Afxentiou

Investing in the stock market as a Canadian doesn't need to be scary. In fact, it can be a profitable…

Read more »

ways to boost income
Dividend Stocks

2 Ultra-High-Yield Dividend Stocks You Can Buy and Hold for a Decade

| Sneha Nahata

Investing in ultra-high-yield dividend stocks can power up your portfolio’s income potential. These stocks offer at least a 7% yield.

Read more »

stock research, analyze data
Dividend Stocks

The $35,000 Portfolio Strategy That Balances Risk and Reward

| Kay Ng

Here's an example of building a diversified portfolio that balances risk and reward.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

I’d Put my Entire TFSA Into This 7% Monthly Paying Dividend

| Amy Legate-Wolfe

If you're wanting to earn extra cash for your TFSA, then you need to invest! And this is a prime,…

Read more »

ways to boost income
Dividend Stocks

Recent Dip Buyers Won Big: 3 Stocks That Could Repeat the Feat

| Andrew Button

The ongoing dip in Alimentation Couche-Tard Inc (TSX:ATD) stock looks very buyable.

Read more »

money while you sleep
Dividend Stocks

Earn While You Sleep: 3 Canadian Dividend Stocks for Effortless Earnings

| Sneha Nahata

These stocks consistently increase their dividends and generate steady passive income, enabling you to earn while you sleep.

Read more »

monthly desk calendar
Dividend Stocks

A 7.2% Dividend Stock Paying Cash Every Single Month

| Amy Legate-Wolfe

This dividend stock pays out constant cash, and investors can use that to make even more!

Read more »

jar with coins and plant
Dividend Stocks

2 Canadian Stocks That Could Turn $15,000 Into $150,000

| Amy Legate-Wolfe

If you want to create some amazing cash, you need dividend stocks to reinvest again and again.

Read more »

Stocks for Beginners

The Smartest Canadian Stock to Buy With $300 Right Now

| Amy Legate-Wolfe

This dividend stock is a top choice for investors, with analysts loving the look of this future winner.

Read more »

stocks climbing green bull market
Dividend Stocks

Where I’d Invest $10,000 in the TSX Today

| Amy Legate-Wolfe

These are some of the top stocks on the TSX today, with analysts drooling all over them.

Read more »

hand stacks coins
Dividend Stocks

3 Canadian Dividend Stocks That’ll Be Easy to Hold for 20 Years

| Andrew Button

Quality energy stocks like Suncor Energy Inc (TSX:SU) can be great long-term holds.

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Stocks for Beginners

The Best $21,000-TFSA Approach for Canadian Investors

| Demetris Afxentiou

Do you have a TFSA approach? Here's a look at how to make the most of your TFSA, as well…

Read more »

Investor reading the newspaper
Dividend Stocks

The Best $7,000 TFSA Investment for New Canadian Investors

| Sneha Nahata

This Canadian stock offers a balanced mix of growth, income, and value, making it a top bet for new investors…

Read more »

Canadian Dollars bills
Dividend Stocks

Why Investing $28,000 This Way Makes Financial Sense

| Kay Ng

Investing $28,000 in a basket of diversified, solid dividend stocks can help you grow your money more consistently with passive…

Read more »

coins jump into piggy bank
Dividend Stocks

2 Canadian Bank Stocks Worth Buying During Trade Tensions

| Joey Frenette

TD Bank (TSX:TD) stock and another great Canadian financial that could be worth picking up on summertime strength.

Read more »

Canadian dollars are printed
Dividend Stocks

Transform Your TFSA Into a Cash-Creating Machine With $10,000

| Amy Legate-Wolfe

This dividend stock is one of the most stable options out there for investors.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

This 6.7% Dividend Stock Pays Cash Every Single Month

| Amy Legate-Wolfe

This dividend stock pays cash every month and has a solid future outlook ahead.

Read more »

Dividend Stocks

If I Could Only Buy and Hold a Single Canadian Stock, This Would Be it

| Amy Legate-Wolfe

Canadian stocks are great, but this one could provide enormous growth for investors.

Read more »

A glass jar resting on its side with Canadian banknotes and change inside.
Dividend Stocks

The $7,000 TFSA Strategy That Could Transform Your Retirement

| Andrew Button

You can make $7,000 go a long way by dollar cost averaging into stocks like Fortis (TSX:FTS).

Read more »

A worker uses a double monitor computer screen in an office.
Dividend Stocks

1 Magnificent Canadian Stock Down 34% to Buy and Hold Forever

| Amy Legate-Wolfe

This Canadian stock might be down, but don't count it out as it continues to recover.

Read more »

Canada day banner background design of flag
Dividend Stocks

The Smartest Canadian Stock to Buy With $1,000 Right Now

| Amy Legate-Wolfe

Analysts love this Canadian stock, not just for its balance sheet, not even for its dividend, but its stable future.

Read more »