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.

Recent Dividend Stocks News

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

RRSP Refund Strategy: What to Do With the Money You Get Back

| Demetris Afxentiou

An RRSP refund strategy can help turn your tax refund into long-term savings. Here are three options to consider today.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

The Canadian Dollar Just Hit a 5-Week High: Here’s What it Means for U.S. Stocks

| Amy Legate-Wolfe

A stronger loonie can shrink an existing U.S. holding while making your next purchase more affordable.

Read more »

Warning sign with the text "Trade war" in front of container ship
Dividend Stocks

Canada-U.S. Trade Talks Are Back: This TSX Stock Could Benefit If Tariffs Ease

| Amy Legate-Wolfe

Magna could benefit from smoother automotive trade, with improving profits giving the idea a foundation beyond negotiations.

Read more »

customer fills up car with gasoline
Dividend Stocks

Diesel Prices Are Surging: This TSX Stock Benefits With Pricing Powering it Higher

| Amy Legate-Wolfe

CN can recover part of a rising fuel bill, making its customer relationships more valuable than a yield screen suggests.

Read more »

Bank of Canada Governor Tiff Macklem
Dividend Stocks

A Bank of Canada Rate Hike Could Change the GIC-vs.-Dividend Stock Math

| Amy Legate-Wolfe

A better guaranteed rate can make room for a more patient approach to dividend investing.

Read more »

Tractor spraying a field of wheat with fertilizer
Dividend Stocks

B.C.’s Premier-Elect Wants to Double Gas Output: This Vancouver Stock Sells the Equipment

| Amy Legate-Wolfe

Finning could benefit from more energy investment, with equipment servicing giving shareholders a business beyond the next big order.

Read more »

A Canada Pension Plan Statement of Contributions with a 100 dollar banknote and dollar coins.
Dividend Stocks

Delaying CPP to 70: Is the Bigger Payout Worth the Wait?

| Puja Tayal

Understand CPP and how the timing of your payout affects your retirement income. Explore the best age to start collecting.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Dividends in a TFSA vs. a Non-Registered Account: What’s the Difference?

| Puja Tayal

Explore the advantages of TFSA and understand how to invest wisely to minimize your dividend tax load in Canada.

Read more »

arrows hit bullseye on target
Dividend Stocks

Retirement Target Up From $1.54 Million to $1.7 Million: What’s Behind the Jump?

| Puja Tayal

Is $1.7 million your Retirement Target? Learn how inflation is driving changes in retirement planning for Canadians.

Read more »

Colored pins on calendar showing a month
Dividend Stocks

A Tailor-Made TFSA Stock for Retirees: A 6.8% Yield With Monthly Paycheques

| Jitendra Parashar

A generous 6.8% yield, monthly distributions, and strong rental demand make this Canadian REIT an attractive TFSA income stock for…

Read more »

Blocks conceptualizing the Registered Retirement Savings Plan
Dividend Stocks

What’s the Best Order to Withdraw Cash From Your TFSA and RRSP?

| Andrew Walker

It makes sense to consider tax implications when planning income streams in retirement.

Read more »

groceries get more expensive as inflation rises
Dividend Stocks

2 High-Yield Dividend Stocks to Help Beat Inflation

| Andrew Walker

These stocks offer yields that are well above the current rate of inflation.

Read more »

Data center woman holding laptop
Dividend Stocks

3 Canadian Data Centre Stocks I’d Buy Now, Ranked

| Demetris Afxentiou

Canadian data centre stocks offer different ways to invest in AI infrastructure. Here’s how Celestica, Hammond Power and Brookfield compare.

Read more »

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

Down 25%, Rogers Pays 4.7%: What I’d Need to See Before Buying

| Amy Legate-Wolfe

Rogers’ price decline has lifted its yield, while cash-flow coverage and debt reduction determine whether the lower price is worth…

Read more »

young people stare at smartphones
Dividend Stocks

Canadian Telecom Stocks: Which of the Big 3 Is Your Best Buy Now?

| Demetris Afxentiou

Compare Canadian telecom stocks TELUS, BCE, and Rogers on dividends, cash flow, and debt reduction to see which looks like…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How to Structure a TFSA With $50,000 for Lifelong Monthly Income

| Kay Ng

Turn quarterly dividends into monthly cash by staggering payment schedules or accumulating dividends as cash.

Read more »

concept of real estate evaluation
Dividend Stocks

FHSA vs. RRSP: Which Is Better for First-Time Homebuyers?

| Amy Legate-Wolfe

The FHSA and RRSP can both help first-time buyers, but the repayment difference becomes important once mortgage payments begin.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

Enbridge Is Solid, But the Bank of Scotia Has More Upside: Here’s Why I’d Buy It First

| Rajiv Nanjapla

With improving fundamentals, an encouraging growth outlook, and a reasonable valuation, Scotiabank offers a more compelling investment opportunity than Enbridge.

Read more »

child looks at variety of flavors at ice cream store
Dividend Stocks

TFSA, RRSP or FHSA? Which Account Canadian Beginners Should Open First

| Aditya Raghunath

Not sure whether to open a TFSA, RRSP or FHSA first? Compare how each account works in 2026 and find…

Read more »

senior man and woman stretch their legs on yoga mats outside
Dividend Stocks

Retirement Savings in Your 50s: The Catch-Up Plan

| Jitendra Parashar

These two Canadian dividend stocks could help investors in their 50s strengthen retirement savings through regular income and long-term growth.

Read more »

happy woman throws cash
Dividend Stocks

Got a Raise? Time to Automate! Set Yourself Up for Bigger Dividends

| Andrew Button

If you invest in Fortis (TSX:FTS), you can automate your buys and acquire shares 2% cheaper.

Read more »

scanning a package shipping label for ecommerce delivery
Dividend Stocks

As Washington Announces Packing Tariff Relief, Stock Up on This Box Stock

| Amy Legate-Wolfe

Cascades could benefit from less trade pressure while its own operating improvements build a stronger business.

Read more »

Senior uses a laptop computer
Dividend Stocks

Tax-Loss Selling Season Is Coming: What Canadian Investors Should Know

| Demetris Afxentiou

Tax-loss selling season gives Canadian investors a chance to review losing stocks. Learn the key tax rules and what to…

Read more »

a man relaxes with his feet on a pile of books
Dividend Stocks

2 TSX Dividend Stocks to Consider Now for Steady Passive Income

| Andrew Walker

These companies have increased their dividends annually for decades.

Read more »

warehouse worker takes inventory in storage room
Dividend Stocks

This 4.2% Dividend Stock Pays Cash Each and Every Month

| Andrew Button

Granite REIT (TSX:GRT.UN) pays cash monthly.

Read more »

people sit in two wooden beach chairs facing the Caribbean ocean holding drinks and making a toast
Dividend Stocks

Turning 71 in 2027? Your RRSP Conversion Deadline Is December 31, 2027

| Amy Legate-Wolfe

Planning your RRIF now can help your investments keep growing while making future withdrawals easier to manage.

Read more »

Data center servers IT workers
Dividend Stocks

I’d Own Brookfield Infrastructure for its 36% Jump in Data-Segment Cash Flow

| Joey Frenette

Brookfield Infrastructure Partners (TSX:BIP.UN) looks like a terrific value play as the AI infrastructure boom moves ahead.

Read more »

diversification is an important part of building a stable portfolio
Dividend Stocks

This Monthly Income ETF Yields 11%, and It Deserves a Closer Look

| Demetris Afxentiou

This monthly income ETF offers U.S. stock exposure and a double-digit yield. Take a closer look at HYLD’s strategy, income…

Read more »

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

Renting vs. Owning: How Housing Changes How Much You Need to Retire

| Christopher Liew, CFA

Canadians might need to adjust their retirement savings target because of housing changes, and choose between renting and owning a…

Read more »

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

Why My TFSA, Not My RRSP, Is My Income Engine (and the Stocks I Own in It)

| Andrew Button

Brookfield Asset Management (TSX:BAM) is one of the stocks adding income to my TFSA.

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

The Perfect TFSA ETF for Your Retirement: A 2.8% Yield With Monthly Paycheques

| Andrew Button

The Vanguard FTSE High Yield Canada ETF (TSX:VDY) has an above-average yield, paid monthly.

Read more »

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

A 7.5% Dividend Stock Worth Considering for Monthly Income

| Brian Paradza, CFA

Firm Capital Property Trust's 7.5% distribution yield could go away if AFFO coverage improves again for Q3 2026.

Read more »

various pizza in boxes in a row for lunch
Dividend Stocks

2 High-Yield Dividend Stocks to Buy and Hold for a Decade of Income

| Aditya Raghunath

Pizza Pizza Royalty and Nexus Industrial REIT pay monthly dividends yielding 7% to 9%. See the risks, payout ratios and…

Read more »

coins jump into piggy bank
Dividend Stocks

What Telus’s Dividend Cut Can Teach Us, and the Stock I’d Buy Instead

| Joey Frenette

There's no easy way to deliver a dividend cut, but Telus (TSX:T) seems to be getting on the right track,…

Read more »

Quality Control Inspectors at Waste Management Facility
Dividend Stocks

This Stock Just Raised its Dividend 10%, its 16th Straight Double-Digit Increase

| Amy Legate-Wolfe

Waste Connections shows how an everyday service can become a growing source of shareholder income.

Read more »

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

TELUS Stock: My Honest ‘Buy, Sell, or Hold’ Take Today

| Jitendra Parashar

TELUS stock has fallen sharply amid weaker earnings and a major dividend cut, but its debt reduction plans could support…

Read more »

ETF is short for exchange traded fund, a popular investment choice for Canadians
Dividend Stocks

Are Dividend ETFs Enough for Retirement Income?

| Daniel Da Costa

Here’s why adding high-quality stocks to your portfolio alongside well-established dividend ETFs could help boost your retirement income.

Read more »

canadian energy oil
Dividend Stocks

Canadian Natural Resources vs. Suncor: The Dividend Stock I’d Own Through 2026

| Aditya Raghunath

Canadian Natural (TSX:CNQ) and Suncor (TSX:SU) both hit record cash flow in Q2 2026. See which dividend stock I would…

Read more »

Piggy bank with word TFSA for tax-free savings accounts.
Dividend Stocks

Took Money Out of Your TFSA This Year? Your Withdrawal Room Returns January 1

| Amy Legate-Wolfe

A quick TFSA refill can create an avoidable tax bill, but a little planning keeps your money working.

Read more »

Warning sign with the text "Trade war" in front of container ship
Dividend Stocks

The Canada-U.S. Trade War Drags On: 1 Stock I’d Buy and 1 I’d Avoid

| Puja Tayal

Delve into the trade war that escalated after the USMCA expiration, impacting tariffs and trade dynamics between Canada and the…

Read more »