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

How Can You Get the $2,000 CERB in November?

| Puja Tayal

The CRA ended the $2,000 CERB in September and replaced it with the new CRB, which pays $1,800 a month…

Read more »

Dividend Stocks

TRUMP vs. BIDEN: In This Election, Canadians’ Money Is at Stake!

| Andrew Button

If you're looking for a great election-proof stock, look no further than Rogers Communications Inc (TSX:RCI.B).

Read more »

Dividend Stocks

2 Absurdly Cheap TSX Stocks Right Now

| Daniel Da Costa

These two TSX stocks are some of the best long-term investments, yet they are trading dirt-cheap, offering some significant opportunities…

Read more »

Dividend Stocks

The Housing Market Could Drop Very, Very Quickly Before 2021!

| Adam Othman

Invest in Alimentation Couche-Tard to protect your capital from the effects of a housing market crash that could happen very…

Read more »

Dividend Stocks

Warren Buffett Warning: Avoid Stocks Now!

| Adam Othman

Warren Buffett’s sale of Restaurant Brands International and purchase of Barrick Gold could be a sign that you should prepare…

Read more »

Dividend Stocks

Suncor (TSX:SU) or Air Canada (TSX:AC): Where to Invest $500

| Sneha Nahata

Suncor and Air Canada stock offer big discounts, should you risk investing $500 in one of these beaten-down names?

Read more »

Dividend Stocks

Only Have $500 to Invest? Buy These 2 TSX Stocks

| Ambrose O'Callaghan

Investors with a little bit of cash to invest in October should consider consistent TSX stocks like Royal Bank of…

Read more »

Dividend Stocks

A Housing Market Crash of Epic Proportions Could Hit Canada Soon

| Christopher Liew, CFA

The Canadian housing market remains resilient, although several factors could shake it and result in a severe crash. For investors…

Read more »

Dividend Stocks

Canada Revenue Agency: 2 Crucial COVID-19 Tax Breaks for 2020

| Christopher Liew, CFA

The changes in the BPA and TFSA contribution limit are two crucial COVID-19 tax breaks in 2020. In the TSX,…

Read more »

Dividend Stocks

CRA CERB Alternatives: 2 Must-Know Emergency Payouts

| Christopher Liew, CFA

Prior to CERB’s ending, the federal government was already preparing two emergency payouts for displaced workers. Some Canadians are investing…

Read more »

Dividend Stocks

3 High Yield Dividend Stocks to Pandemic-Proof Your Portfolio

| Andrew Button

You can pandemic-proof your portfolio with safe REITs like Northwest Healthcare Properties REIT (TSX:NWH.UN).

Read more »

Dividend Stocks

Dividend Investing 101: When Do Companies Pay Investors?

| Aditya Raghunath

Dividend-paying stocks such as Enbridge (TSX:ENB) have the ability to generate significant returns for long-term investors.

Read more »

Dividend Stocks

BUY ALERT: 3 TSX Stocks That You Should Grab Today

| Ambrose O'Callaghan

Canadians should be ready to jump on enticing TSX stocks like Maple Leaf Foods Inc. (TSX:MFI) that just sent off…

Read more »

Coronavirus

A New Chapter in the Stock Market Rally: Which Stock Will Benefit?

| Puja Tayal

The stock market recovered almost 95% from the March sell-off on the back of CERB-infused liquidity. The new CRB benefit…

Read more »

Dividend Stocks

Stock Market Crash 2.0: The Pandemic and Blue-Chip Companies

| Puja Tayal

Many analysts are expecting another stock market crash due to the pandemic. While the overall market is rallying, some blue-chip…

Read more »

Dividend Stocks

Is Suncor Stock a Contrarian Buy Today?

| Andrew Walker

Suncor Energy (TSX:SU) appears oversold right now, but a number of challenges face the oil industry. Is this the right…

Read more »

Dividend Stocks

Unemployed? Here’s How Much Money You Can Get From CRB and EI

| Andrew Button

If you're looking to invest your CRB or EI money, consider an ETF like the iShares S&P/TSX 60 Index Fund…

Read more »

Dividend Stocks

It’s Time to Buy Enbridge (TSX:ENB) Stock

| Demetris Afxentiou

Enbridge (TSX:ENB)(NYSE:ENB) is well known as a great income-producing stock. Here's why prospective investors should buy Enbridge stock now.

Read more »

Metals and Mining Stocks

Gold Bull Market! Better Buy: Buffett’s Barrick Gold (TSX:ABX) or Newmont (TSX:NGT)?

| Kay Ng

A gold bull market is in progress! Here’s why the gold bull has lots of room to run.

Read more »

Dividend Stocks

These 3 Cheap Stocks Will Soar in 2021

| Victoria Hetherington

Air Canada (TSX:AC) may seem a straightforward choice for post-pandemic upside. But what about these other two TSX stocks?

Read more »

Dividend Stocks

Earnings Season: 5 Key Telecoms Stocks To Watch

| Victoria Hetherington

Rogers Communications (TSX:RCI.B)(NYSE:RCI) is fast emerging as the dominant force in Canadian telecommunication stocks.

Read more »

Dividend Stocks

Forget Growth Stocks: Here’s How to Get Price Gains and Big Dividends

| Kay Ng

Think growth stocks are getting way too expensive? You might want to consider these better risk-adjusted investments instead.

Read more »

Dividend Stocks

4 Safe Dividend Stocks to Buy if the Market Crashes

| Ambrose O'Callaghan

Canadians should consider dividend stocks like Hydro One Ltd. (TSX:H) and others if a second market crash rears its head…

Read more »

Dividend Stocks

2 Safe Stocks to Survive the Next Bear Market

| Ryan Vanzo

Learn how stocks like Hydro One (TSX:H) and Brookfield Renewable (TSX:BEP.UN)(NYSE:BEP) can protect your portfolio from a bear market.

Read more »

Dividend Stocks

$500/Week Emergency CRA CRB Money: Should You Apply?

| Christopher Liew, CFA

If you’ve exhausted your CERB and still need income support, apply for CRB to receive the same $500 weekly benefit.…

Read more »

Dividend Stocks

Contrarian Buy? This 1 Stock Just Hit a Record Low

| Victoria Hetherington

It’s been a hard year for aviation stocks. But could a full economic recovery see Bombardier (TSX:BBD.B) soaring to new…

Read more »

Tech Stocks

Should You Buy Maxar Technologies Stock Before Earnings?

| Victoria Hetherington

Maxar Technologies (TSX:MAXR)(NYSE:MAXR) is a rare stock that matches high growth potential with excellent value for money.

Read more »

Dividend Stocks

Warren Buffett: It’s Time to Buy Gold Stocks

| Kay Ng

Warren Buffett believes it's not too late to get into the party. The time is still ripe to buy your…

Read more »

Dividend Stocks

3 TSX Bank Stocks With Dividend Yields Above 5%

| Daniel Da Costa

If you're looking to add a bank stock or two to your portfolio for stable income, here are three of…

Read more »

Dividend Stocks

3 Dividend Aristocrats That Can Take on Any Market Crash

| Adam Othman

Dividend Aristocrats are a symbol of stability and a great source of dependable passive income. But they aren’t infallible. Even…

Read more »

Dividend Stocks

CRA Tax Deadline Extended: Remember to Get These 2 Tax Breaks

| Adam Othman

The tax deadlines were extended to give some breathing room to pandemic-stricken Canadians. The extra time allowed them to get…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett: Is a Market Crash Quickly Approaching?

| Adam Othman

Warren Buffett’s unconventional moves are refreshing to see, but they might be an indication of something quite worrisome: another market…

Read more »

Dividend Stocks

CRA Update: 2 Big Tax Changes You Must Know in 2020!

| Adam Othman

With everything else, the pandemic also disrupted the tax calendar for the year. Now that it's finally behind us, let's…

Read more »

Dividend Stocks

Canada’s Housing Market: More Growth Coming in 2021?

| Daniel Da Costa

Think Canada's housing market might crash in 2021 due to the coronavirus pandemic? Here are a few reasons why that…

Read more »

Dividend Stocks

CERB Replacement: Can You Get the $13,000 CRB?

| Christopher Liew, CFA

You can get the $13,000 CRB if you meet the CRA’s eligibility criteria. If you want to earn the highest…

Read more »

Dividend Stocks

2 High-Yield Dividend Stocks That Could Pay You for Life

| Christopher Liew, CFA

Toronto-Dominion Bank stock and BCE stock are high-yield dividend stocks. Both stocks could pay you for life regardless of the…

Read more »

Dividend Stocks

Market Correction: 2 Canadian Stocks to Buy When Panic Strikes

| Joey Frenette

Fortis Inc. (TSX:FTS)(NYSE:FTS) and another bond proxy stock that dividend investors should buy to play defence before a market correction.

Read more »

Dividend Stocks

CRA Retirees: 2 Huge Tax Breaks You Can Take in 2020!

| Adam Othman

Invest in the Fortis stock as you take advantage of these huge tax breaks in 2020 as a retiree.

Read more »

Dividend Stocks

CRA: 3 Ways the $500/Week CRB Is Better Than the $2,000/Month CERB

| Adam Othman

Invest in the Lightspeed POS stock to take advantage of the CRB payments, which are better than the CERB program…

Read more »

Dividend Stocks

2 Blue-Chip Stocks With Massive Yields

| Jared Seguin

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) stock and Enbridge (TSX:ENB)(NYSE:ENB) stock have high yields today and are premier blue-chip stocks.

Read more »