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

voice-recognition-talking-to-a-smartphone
Dividend Stocks

BCE Stock: Is it a Buy in December 2025?

| Adam Othman

When markets become uncertain, experienced investors tend to flock toward more reliable blue chip stocks, like this telco.

Read more »

Business success of growth metaverse finance and investment profit graph concept or development analysis progress chart on financial market achievement strategy background with increase hand diagram
Dividend Stocks

High-Yield Alert: 3 Canadian Dividend Stocks to Buy Now

| Chris MacDonald

Let's dive into three of the top dividend stocks long-term investors can add to their portfolios right now and sleep…

Read more »

A woman stands on an apartment balcony in a city
Dividend Stocks

This Canadian REIT Could Be the Safest Income Play on the TSX

| Tony Dong, MSc, CETF®

I think this apartment REIT has a good margin of safety right now, along with attractive monthly income potential.

Read more »

nvda stock nok stock why gain partnership ai stocks
Tech Stocks

3 No-Brainer Tech Stocks to Buy With $1,000 Right Now

| Christopher Liew, CFA

Three TSX tech stocks with leadership positions in specific niches are sound investment options right now for income and growth…

Read more »

Piggy bank and Canadian coins
Dividend Stocks

1 Way to Use a TFSA to Earn $250 Monthly Income

| Christopher Liew, CFA

The TFSA can generate the tax-free income you want, but the way to achieve is through regular contributions -- the…

Read more »

Canadian Dollars bills
Dividend Stocks

Buy 2,000 Shares of This Top Dividend Stock for $308/Month in Passive Income

| Jitendra Parashar

Monthly income, stable tenants, and a solid yield -- this monthly dividend stock offers it all for long-term investors.

Read more »

A meter measures energy use.
Dividend Stocks

Invest $10,000 in This Dividend Stock for $425 in Passive Income

| Sneha Nahata

If you invest $10,000 in this TSX stock today, the dividends alone could bring in roughly $425 over the course…

Read more »

Oil industry worker works in oilfield
Dividend Stocks

Dividend Investors: Top Canadian Energy Stocks to Buy in November

| Sneha Nahata

The payouts of these energy companies are backed by fundamentally strong businesses that generate steady and growing cash flows.

Read more »

Start line on the highway
Dividend Stocks

A Beginners Guide to Building a Passive-Income Portfolio

| Robin Brown

Are you new to investing and want to earn passive income? Here's how to build a diversified stock portfolio that…

Read more »

Investor reading the newspaper
Dividend Stocks

10 Years From Now, You’ll Be Glad You Bought These Magnificent TSX Dividend Stocks 

| Puja Tayal

Explore the power of dividend stocks and discover why staying invested can lead to remarkable compounding returns over 10 years.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

This 6.2% Dividend Giant Could Be the Ultimate Retirement Ally

| Karen Thomas, MSc, CFA

Peyto Exploration and Development is a low-cost natural gas producer that's benefiting from a strengthening natural gas market.

Read more »

Concept of rent, search, purchase real estate, REIT
Dividend Stocks

This 4.1% Dividend Stock Pays Out Every Month

| Adam Othman

This monthly dividend-paying TSX Real Estate Investment Trust (REIT) might be an excellent pick for income-seeking investors.

Read more »

Income and growth financial chart
Dividend Stocks

3 Canadian Dividend Stocks That Are Top Buys for Capital Growth

| Amy Legate-Wolfe

If you want dividend income and growth, these three overlooked Canadian stocks could quietly compound for years.

Read more »

Confused person shrugging
Dividend Stocks

Time to Ditch TELUS Stock and Buy This Dividend Play Instead?

| Amy Legate-Wolfe

As TELUS stumbles on cash flow and debt, Exchange Income’s diversified, essential businesses may offer steadier dividends and growth.

Read more »

Person uses a tablet in a blurred warehouse as background
Dividend Stocks

Dividend Investors: Consider This Real Estate Stock Today

| Aditya Raghunath

Dream Industrial REIT offers you an attractive yield and portfolio diversification making it a top investment in November 2025.

Read more »

dumpsters sit outside for waste collection and trash removal
Dividend Stocks

A Recession-Resistant Dividend Stock for Lifelong TFSA Income

| Amy Legate-Wolfe

This Canadian waste giant could be a TFSA-friendly dividend grower built to hold up when the economy slows.

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

This 2.6% Dividend Stock Pays Out Consistent Cash

| Adam Othman

Add this lesser-known TSX energy stock to your self-directed investment portfolio to leverage a consistent and reliable income-generating asset to…

Read more »

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

Better Dividend Stock in November: Telus or BCE?

| Joey Frenette

BCE (TSX:BCE) and the telecoms are in a bad spot right now, but the yields are tempting.

Read more »

top TSX stocks to buy
Dividend Stocks

This 6.1% Dividend Stock Pays Cash Every Single Month

| Jitendra Parashar

Steady rent growth, strong occupancy, and a reliable payout make this top monthly dividend stock worth considering for income-focused investors.

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

Safe Canadian Stocks to Buy Now and Hold During Market Volatility

| Kay Ng

Here are some relatively safe Canadian stocks to buy and hold for long-term wealth creation.

Read more »

Data center woman holding laptop
Dividend Stocks

This Canadian Stock Could Turn $20,000 Into $200,000

| Amy Legate-Wolfe

This under-the-radar transformer maker could be a quiet multi-bagger as electrification and data centres supercharge demand.

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

This 10.4% Dividend Stock Pays Cash Every Month

| Brian Paradza, CFA

Are you building a retirement portfolio? Timbercreek Financial stock offers a massive 10.4% yield paid monthly. Here is why this…

Read more »

Hourglass and stock price chart
Dividend Stocks

A TSX Dividend Stock Down 15 Percent This Year to Buy for Lifetime Income

| Puja Tayal

Dividend investing cane help you build a sustainable source of passive income. And if you buy it at the dip,…

Read more »

Real estate investment concept with person pointing on growth graph and coin stacking to get profit from property
Dividend Stocks

7.7% Dividend Yield? Buy Up This Passive-Income Stock in Bulk!

| Jitendra Parashar

Backed by decades of payouts and a growing mortgage business, MCAN Mortgage’s 7.7% yield makes it an amazing dividend stock…

Read more »

Real estate investment concept
Dividend Stocks

Here Are My Top 2 TSX Stocks to Buy Right Now

| Christopher Liew, CFA

My top 2 TSX stock picks are ideal options if you’re investing for income and capital growth.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

Which Dividend Stocks in Canada Can Survive Rate Cuts

| Jitendra Parashar

Here’s why these top Canadian dividend stocks could remain resilient in a falling-rate environment.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Use Your TFSA to Create $5,000 in Tax-Free Passive Income

| Tony Dong, MSc, CETF®

Every share of this TSX income fund you buy will pay $0.10 a month in distributions.

Read more »

Concept of multiple streams of income
Dividend Stocks

This 6.2% Dividend Stock Pays Out Every Month

| Aditya Raghunath

Whitecap is a TSX dividend stock that offers shareholders a monthly payout and an attractive yield of 6.2%.

Read more »

man is enthralled with a movie in a theater
Dividend Stocks

Retired Canadians: The Smartest Income Stocks to Buy With $5,000

| Sneha Nahata

These Canadian dividend stocks have resilient business models, have consistently delivered solid earnings, and maintain sustainable payouts.

Read more »

dividend growth for passive income
Dividend Stocks

Buy 195 Shares of This Top Dividend Stock for $57/Month in Passive Income

| Puja Tayal

Discover how dividend stock can provide steady income. Learn about Granite REIT and its reliable payout history in Canada.

Read more »

Concept of multiple streams of income
Dividend Stocks

The Best Dividend Stocks for Canadians in 2025

| Puja Tayal

Find out how the stock market has shifted in 2025 and which dividend stocks are leading amidst changing economic conditions.

Read more »

Blocks conceptualizing the Registered Retirement Savings Plan
Retirement

RRSP Wealth: 2 Great Canadian Dividend Stocks to Buy in November

| Robin Brown

The RRSP should be part of your long-term retirement planning.

Read more »

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

How to Use Your TFSA to Earn $331 Per Month in Tax-Free Income

| Sneha Nahata

These high-yield TSX stocks have durable payout history and well-positioned to maintain their monthly distributions.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

A Top Canadian Dividend Stock to Buy in November 2025

| Aditya Raghunath

Down 14% from all-time highs, Waste Connections is a TSX dividend stock that offers upside potential to shareholders.

Read more »

senior couple looks at investing statements
Retirement

Here’s the Average TFSA Balance at Age 64 in Canada

| Kay Ng

The TFSA shouldn't be your only place to draw retirement income. But even in retirement, your nest egg can still…

Read more »

woman looks at iPhone
Dividend Stocks

BCE Stock: Buy, Sell, or Hold?

| Tony Dong, MSc, CETF®

It may be time to say goodbye to this fallen dividend giant.

Read more »

coins jump into piggy bank
Dividend Stocks

How Beginners Can Turn a Pocket-Sized TFSA Into Serious Wealth

| Christopher Liew, CFA

Beginners have a long-term space to invest and turn a pocket-sized TFSA into serious wealth.

Read more »

stocks climbing green bull market
Dividend Stocks

2 Ultra-Low-Volatility Stocks With Solid Dividends

| Joey Frenette

Quebecor (TSX:QBR.B) and another low-beta stock that's worth buying for defence and dividends.

Read more »

RRSP (Registered Retirement Savings Plan) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

RRSP Investors: 2 TSX Stocks to Consider for 2026

| Andrew Walker

These top TSX dividend payers are on a roll.

Read more »

dividend stocks are a good way to earn passive income
Dividend Stocks

5 Best Canadian Dividend Stocks to Buy in November

| Sneha Nahata

Their growing earnings base, sustainable payouts, and focus on rewarding shareholders make them best income-generating options.

Read more »