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

TFSA Investors: 2 Stocks I’d Buy Right Now

| Ryan Vanzo

Every TFSA investor should strongly consider buying stock in Enbridge Inc (TSX:ENB)(NYSE:ENB) and Constellation Software Inc. (TSX:CSU).

Read more »

Dividend Stocks

TFSA Investors: Should You Buy Fortis (TSX:FTS) or Toronto-Dominion Bank (TSX:TD) for Dividend Income?

| Karen Thomas, MSc, CFA

There are many good reasons for TFSA investors to buy both Fortis stock and TD Bank stock, but this Motley…

Read more »

Dividend Stocks

The Surprising 2 Stocks You Should Avoid

| Chris MacDonald

Knowing which stocks to exclude is as important as knowing which stocks to include in your portfolio. My two picks…

Read more »

Dividend Stocks

When the CRA CERB Stops, TFSA Will Pay You $2,000 Every Month

| Puja Tayal

The CRA will end the CERB in October. It’s time to make your TFSA earn you some money. There are…

Read more »

Dividend Stocks

2 Dividend Aristocrats for Income Investors to Buy Right Now!

| Aditya Raghunath

Here's why you can look to buy dividend stocks like Toromont Industries (TSX:TIH) for income and capital gains.

Read more »

Dividend Stocks

Should You Buy Telus (TSX:T) or TD (TSX:TD) Stock Today?

| Andrew Walker

Telus (TSX:T)(NYSE:TU) and TD (TSX:TD)(NYSE:TD) are popular stock picks among dividend investors. Is one a better bet today?

Read more »

Dividend Stocks

8 Top Rich-Yielding Dividend Stocks for Retirees

| Victoria Hetherington

Find out why rich-yielding dividend stocks such as Brookfield Property Partners (TSX:BPY.UN)(NASDAQ:BPY) could suit a retirement portfolio.

Read more »

Dividend Stocks

Uh-Oh! The $12,000 CERB Is Ending Soon

| Adam Othman

Shopify can be a valuable addition to your portfolio, as the $12,000 CERB program continues to wind down.

Read more »

Dividend Stocks

CMHC Warns This 1 Risky Move Can Cause a Housing Market Crash in 2020

| Adam Othman

Fortis could provide you a safe haven for your capital, as CMHC warns against the effects of a risky move…

Read more »

Stocks for Beginners

ALERT: Warren Buffett Bought Barrick Gold Stock — Should You?

| Victoria Hetherington

News that Berkshire Hathaway had invested in Barrick Gold (TSX:ABX)(NYSE:GOLD) sent the stock rocketing more than 10% today. But is…

Read more »

Bank Stocks

3 Undervalued Bank Stocks Yielding up to 6.2%

| Aditya Raghunath

Should stocks such as Bank of Nova Scotia, TD Bank, and Laurentian Bank be on your watch list?

Read more »

Dividend Stocks

Retirees: Don’t Rely on ONLY Your OAS and CPP Pension

| Christopher Liew, CFA

A comprehensive retirement plan includes creating income sources apart from the OAS and CPP. To supplement your inadequate pensions, invest…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett Is Stockpiling Cash: Market Crash Warning

| Adam Othman

With signs that another market crash is imminent, you might want to consider investing in a stock like Fortis to…

Read more »

Dividend Stocks

3 CRA Crisis Payments You Might Qualify for

| Christopher Liew, CFA

If you qualify for the CERB, CCB, or CESB, you should apply to receive the CRA crisis payments while the…

Read more »

Dividend Stocks

Baby Boomers: 2 No-Brainer Stocks To Buy Absurdly Cheap

| Adam Othman

Bank of Montreal and Canadian Natural Resources could be excellent buys with the absurdly discounted prices on the TSX.

Read more »

Dividend Stocks

How to Get the CRA’s $2,000/Month CERB Until the End of 2020!

| Andrew Button

You can technically get the CERB until the end of 2020, although ETFs like the iShares S&P/TSX 60 Index Fund…

Read more »

Dividend Stocks

4 Beaten-Down Stocks That Could Double Your Money in Just 2 or 3 Years

| Sneha Nahata

Buy these stocks while they are trading low for incredible returns.

Read more »

Dividend Stocks

Warren Buffett Bets BIG on Gold … and Canada!

| Andrew Button

Warren Buffett recently made a huge bet on the Canadian gold company Barrick Gold (TSX:ABX)(NYSE:GOLD).

Read more »

Dividend Stocks

My CERB: Here’s a Better $2,000 Per Month Cash Than the CRA’s CERB

| Puja Tayal

The CRA is ending the CERB cash payments in September. There is a better way to get $2,000 in cash…

Read more »

Dividend Stocks

2 Top TSX Stocks for Retirees

| Ambrose O'Callaghan

The COVID-19 pandemic has shifted retirement plans, but retirees should still look to hold strong dividend stocks like Enbridge Inc.…

Read more »

Dividend Stocks

Worried About Inflation? 3 Dividend-Growth Stocks To Protect You From Rising Prices

| Kyle Walton

These three fast-growing stocks provide growing streams of dividend income that can help you withstand inflationary pressures.

Read more »

Dividend Stocks

Forget Air Canada (TSX:AC)! Invest in This Tech Stock Instead

| Christopher Liew, CFA

Investors are better off skipping Air Canada and investing in companies with visible growth and upside potentials. The Absolute Software…

Read more »

Dividend Stocks

Income Investors: $10,000 in This TSX Stock Will Pay You $576 in Annual Dividends

| Aditya Raghunath

Here's why you can look to buy this 5.76% yielding Canadian financial heavyweight.

Read more »

Bank Stocks

Love Dividends? These 3 Undervalued Stocks Are Looking Attractive

| Sneha Nahata

These undervalued stocks offer high and safe yields amid challenges.

Read more »

Dividend Stocks

418,500 New Canadian Jobs: Be Proud, Canada!

| Christopher Liew, CFA

The Canadian economy is recovering faster than the U.S. with the reclaiming of 55% of job losses since the COVID-19…

Read more »

Dividend Stocks

From CERB to EI: The CRA Will Leave No Canadian Behind!

| Aditya Raghunath

While the Canadian government will not extend the CERB, it aims to provide financial assistance via the EI program.

Read more »

Bank Stocks

2 Undervalued Bank Stocks Yielding Over 5%

| Kay Ng

Some of the soundest banks in the world -- the big Canadian banks -- are cheap this year. Get big…

Read more »

Metals and Mining Stocks

Warren Buffett Just Bought Barrick Gold (TSX:ABX) Stock

| Kay Ng

Is Warren Buffett finally bullish on gold after all these years?! Let’s dig deeper into Berkshire Hathway’s (NYSE:BRK.A)(NYSE:BRK.B) latest buy…

Read more »

Dividend Stocks

2 COVID Recovery Stocks to Play a 2nd-Half Rebound

| Joey Frenette

Bank of Montreal (TSX:BMO)(NYSE:BMO) and another dirt-cheap COVID-hit stock could soar high once the pandemic dies down.

Read more »

Dividend Stocks

TFSA Investors: 2 Safe Dividend Stocks Yielding up to 5.4%

| David Jagielski

Bank of Montreal (TSX:BMO)(NYSE:BMO) and this other stock can be great sources of recurring cash flow for your portfolio for many…

Read more »

Dividend Stocks

Stock Investors: Watch This 1 Thing for Higher Gold

| Victoria Hetherington

Newmont’s (TSX:NGT)(NYSE:NEM) share price could continue to climb on higher gold as risk mounts. Here’s one event to watch out…

Read more »

Dividend Stocks

2 ETFs for New Investors to Buy Today

| David Jagielski

The BMO S&P 500 Index ETF (TSX:ZSP) is one of two great investments that you can build your portfolio around right…

Read more »

Dividend Stocks

3 Reasons I’ll Never Sell Fortis (TSX:FTS) Stock

| Ambrose O'Callaghan

There are several good reasons the utility Fortis Inc. (TSX:FTS)(NYSE:FTS) is a top dividend stock that I’m holding onto for…

Read more »

Dividend Stocks

7 Recession-Resistant Stocks to Buy and Hold Forever

| Victoria Hetherington

Find out what makes TSX stocks like Northland Power (TSX:NPI) suitable for the super-long-term, low-risk investor in 2020.

Read more »

Dividend Stocks

Soaring Loonie: 3 Stocks to Buy With a Strong Canadian Dollar!

| Andrew Button

If the Canadian dollar strengthens, then domestic-oriented companies like Dollarama Inc (TSX:DOL) could be good buys.

Read more »

Dividend Stocks

COVID-19 or No, TC Energy (TSX:TRP) Will Continue to Grow!

| Aditya Raghunath

Here's why TC Energy (TSX:TRP)(NYSE:TRP) is an all-weather stock for your income portfolio.

Read more »

Dividend Stocks

Lazy Landlords: Start Your Real Estate Empire With These REITs

| Joey Frenette

H&R REIT (TSX:HR.UN) and another beaten-up real estate play for Canadian dividend investors to stash in their passive income portfolios…

Read more »

Dividend Stocks

Is This Top Restaurant’s Dividend in Danger of Being Cut?

| David Jagielski

Restaurant Brands International Inc (TSX:QSR)(NYSE:QSR) is doing well for now, but can its dividend withstand COVID-19?

Read more »

Dividend Stocks

Key Lessons From Previous Bubbles and How To Build Wealth Now

| Chris MacDonald

Sage advice from sage investor Warren Buffett and key lessons learned from previous stock market bubbles.

Read more »

Dividend Stocks

Parents: The Canada Revenue Agency Is Sending Money Your Way This Week

| Kyle Walton

The CRA is sending money to parents just in time for back-to-school. Which stocks will benefit from a boost in…

Read more »