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

CPP Pension and OAS Payments: Not Enough to Live on

| Christopher Liew, CFA

Would-be retirees should prioritize retirement savings to supplement the inadequacy of the CPP and OAS. The Bank of Nova Scotia…

Read more »

Dividend Stocks

2 REITs That Are Built to Ride Out a Market Crash

| Christopher Liew, CFA

Most REIT stocks are underperforming in 2020 due to the severe impact of COVID-19. However, the Slate Grocery stock and…

Read more »

Dividend Stocks

Have $5,000 in TFSA Cash to Invest? 2 Stocks to Fatten Up Your Wallet

| Joey Frenette

I'd buy Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) and another high-yield restaurant stock before COVID is conquered.

Read more »

Dividend Stocks

2 Dividend Heavyweights That Could Pop Once Value Becomes Great Again

| Joey Frenette

Intact Financial Corp. (TSX:IFC) and Bank of Montreal (TSX:BMO)(NYSE:BMO) are two dividend heavyweights that are too cheap to pass up…

Read more »

Dividend Stocks

3 Beaten-Down Dividend Stocks to Buy Right Now

| Rajiv Nanjapla

Lap up these high-yielding dividend stocks while they are still available at a bargain.

Read more »

Dividend Stocks

Anxious About the End of CERB? Here’s How Your TFSA Can Help!

| Joey Frenette

Inovalis REIT (TSX:INO.UN) is a terrific income play that Canadian investors should consider buying if they're anxious over the end…

Read more »

Dividend Stocks

TFSA: Turn $6,000 Into $10,000 With This Battered Income Stock

| Joey Frenette

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) is an undervalued stock that TFSA investors should look to buy amid the volatility.

Read more »

Dividend Stocks

2 No-Brainer Growth Buys If the Stock Market Crashes

| Adam Othman

Growth stocks, especially the ones that have a history of consistent and dependable growth, usually become too expensive for value…

Read more »

Dividend Stocks

The Shocking Truth About the $14,000 CRA CERB

| Adam Othman

Invest in the Hydro One Ltd. stock to grow your capital, as the CERB ends to make way for alternatives…

Read more »

Energy Stocks

Enbridge (TSX:ENB) Stock: This Dividend Paying Giant Is Trading at a Massive Discount!

| Aditya Raghunath

Here's why Enbridge (TSX:ENB) stock remains a top bet for contrarian and income investors.

Read more »

Dividend Stocks

WARNING: Experts Think Canada’s Housing Market Will Crash

| Andrew Button

If the housing market crashes, healthcare REITs like NorthWest Healthcare Properties REIT (TSX:NWH.UN) could do better than housing.

Read more »

Dividend Stocks

How to Apply for the New Canada Recovery Benefit (CRB) in October

| Ambrose O'Callaghan

Applications for the Canada Recovery Benefit (CRB) will be accessible within the next week. Applying will be easy.

Read more »

Dividend Stocks

Confused About CERB Ending? You Might Qualify for EI

| Christopher Liew, CFA

As CERB ends, Canadians can transition to the revamped EI system or apply for three other benefits to continue receiving…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett’s 2 Biggest Canadian Buys in 2020

| Vineet Kulkarni

The legendary investor Warren Buffett has amazed markets with his atypical moves this year. Will there be more of such…

Read more »

Coronavirus

Stash This REIT in Your TFSA for Income the CRA Can’t Tax!

| Joey Frenette

Canadian Apartment Properties REIT (TSX:CAR.UN) is a compelling option for TFSA investors looking for income at a great value.

Read more »

Dividend Stocks

The CRB Application Is About to Open!

| Kay Ng

Get ready to apply for the CRB when it opens. Here's another tip to increase your monthly income today!

Read more »

Dividend Stocks

Not EI-Eligible? Apply for the CRB Instead!

| Andrew Button

If you receive the CRB you could invest part of the money in stocks like Fortis Inc (TSX:FTS)(NYSE:FTS), and grow…

Read more »

Dividend Stocks

How to Apply for Canada Recovery Benefits (CRB)!

| Andrew Button

With the transition from EI to CRB, index funds like the iShares S&P/TSX Capped Composite Fund (TSX:XIC) could get a…

Read more »

Dividend Stocks

Donald Trump vs. Joe Biden: Will the Stock Market Care?

| Andrew Button

If Joe Biden wins the U.S. election, it will probably be good for stocks that export to the U.S., like…

Read more »

Dividend Stocks

Canada Recovery Benefit (CRB): Who Can Apply?

| Andrew Walker

The Canada Recovery Benefit (CRB) helps replace CERB. When can you apply for the CRB, and how long will the…

Read more »

Dividend Stocks

2 TSX Stocks You Should Avoid in October

| Puja Tayal

Investing in the stock market without adequate research is a pure gamble. While it is important to know which stocks…

Read more »

Dividend Stocks

1 Safe High-Yield Dividend Stock to Buy for October

| Aditya Raghunath

Here's why you need to invest in fundamentally strong dividend-paying companies like Canadian Natural Resources.

Read more »

Energy Stocks

Live on Passive Income: 3 Top TSX Dividend Stocks to Buy in October 2020

| Sneha Nahata

Want to generate strong passive income? Rely on these dividend-paying TSX stocks.

Read more »

Dividend Stocks

What’s Happening With Suncor Energy Stock?

| Victoria Hetherington

Suncor Energy (TSX:SU)(NYSE:SU) has seen increased share price volatility in the past week. How should investors buy this name?

Read more »

Dividend Stocks

1 Top TSX Stock to Buy for a Fall 2020 Market Crash

| Victoria Hetherington

Find out why CN Rail (TSX:CNR)(NYSE:CNI) ticks more boxes than the American electorate for anxious investors this choppy fall.

Read more »

Dividend Stocks

Wherever the Market Goes, I’m Buying These Top TSX Stocks

| Vineet Kulkarni

Near-term weakness has brought some attractive opportunities. For dividend stability and long-term stability, consider these two top TSX stocks.

Read more »

Dividend Stocks

Should You Buy Enbridge (TSX:ENB) and TC Energy (TSX:TRP) Stock at Current Levels?

| Sneha Nahata

Both Enbridge and TC Energy are offering a solid package of dividend income and capital appreciation.

Read more »

Dividend Stocks

Warren Buffett: Avoid Canadian Stocks at All Costs?

| Christopher Liew, CFA

Warren Buffett’s ditching of Restaurant Brands International stock doesn’t mean investors should avoid Canadian stocks. If that were his position,…

Read more »

Dividend Stocks

Warren Buffett: He Loves These 2 Canadian Stocks

| Adam Othman

Warren Buffett has changed his stance on Canadian companies by remaining invested in Suncor and investing in Barrick Gold as…

Read more »

Dividend Stocks

3 Top Stocks to Buy in the Next Market Crash

| Andrew Walker

Another market crash could be on the way. Which stocks deserve to be on your radar if market crash 2.0…

Read more »

Dividend Stocks

Why Canada’s Housing Market Will SOAR in 2021!

| Ambrose O'Callaghan

Despite the naysayers, Canada housing looks strong which should boost stocks like Equitable Group Inc. (TSX:EQB) in 2021.

Read more »

Dividend Stocks

3 Factors That Suggest More Downside in Suncor Energy (TSX:SU) Stock

| Vineet Kulkarni

Suncor Energy (TSX:SU)(NYSE:SU) continues to look weak. The second wave of the outbreak and weaker expected Q3 earnings might push…

Read more »

Dividend Stocks

5 Top Value Stocks to Buy in October 2020

| Kay Ng

Get rich by receiving juicy dividend income while you wait for these cheap stocks to appreciate.

Read more »

Dividend Stocks

A Diamond-in-the-Rough Dividend Stock

| Christopher Liew, CFA

The Polaris Infrastructure stock is having an incredible run in 2020. Aside from the pandemic, social and political risks hound…

Read more »

Dividend Stocks

Investing $400/Month Can Make You a Millionaire by Retirement

| Christopher Liew, CFA

Canadians can ensure retirement security by investing $400 per month in high-yield dividend stocks. The Pembina Pipeline stock is ideal…

Read more »

Dividend Stocks

Warren Buffett-Approved Suncor (TSX:SU) Just Hit a Major Buy Signal

| Joey Frenette

Warren Buffett's preferred way to play the Canadian oil sands Suncor Energy Inc. (TSX:SU)(NYSE:SU) just hit a massive buy signal…

Read more »

Dividend Stocks

TFSA Investors: $20,000 in This Dividend Stock Pays $1,500/Year

| Adam Othman

Investing in the Brookfield Property Partners stock could help you generate significant tax-free passive income if you store it in…

Read more »

Dividend Stocks

Is the CERB Extended in October?

| Andrew Button

Transitioning from the CERB to EI is a big decision. It also has implications if you invest in stocks like…

Read more »

Dividend Stocks

3 Signs That the Airlines Industry Is Still Ultra-High-Risk

| Adam Othman

Air Canada might seem like a good value opportunity, but the airline stock is still a major risk for investor…

Read more »

Dividend Stocks

Warning: The CRA Could Ask You for the $14,000 CERB Back!

| Adam Othman

Create emergency funds for the future using a portfolio of stocks like the Bank of Montreal to prepare for any…

Read more »