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

canadian energy oil
Dividend Stocks

Deal Alert: This Canadian Dividend Knight, Down 14%, Offers a Rock-Solid Yield

| Amy Legate-Wolfe

Want income that lasts? Consider Dividend Knights, especially this option that looks like long-term perfection.

Read more »

Canadian dollars are printed
Dividend Stocks

Transform Your TFSA Into a Cash-Generating Machine With Just $25,000

| Aditya Raghunath

Canadian investors should consider owning TSX dividend stocks such as ENB and CNQ in a TFSA.

Read more »

money cash dividends
Dividend Stocks

How I’d Structure My TFSA With $14,000 for Practically Constant Monthly Income

| Amy Legate-Wolfe

We could all use some extra cash flow, and when that's the case, the TFSA is your best option.

Read more »

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

How Much You Really Need to Invest in a TFSA to Make $600 a Month

| Andrew Button

$100,000 invested in First National Financial (TSX:FN) stock produces over $600 per month.

Read more »

Plant growing through of trunk of tree stump
Dividend Stocks

Building a $5,000 Starter Portfolio With Growth Potential

| Andrew Walker

This strategy has delivered good long-term returns for patient investors.

Read more »

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

How I’d Use $7,000 to Create an Income Machine of Tax-Free Cash

| Amy Legate-Wolfe

If you have $7,000 from your TFSA contribution, these three dividend stocks are the ones to jump on.

Read more »

dividends grow over time
Dividend Stocks

What $7,000 Invested Annually in Your TFSA Could Become in a Decade

| Kay Ng

Consistently saving and investing $7,000 annually in your TFSA could do wonders by year 10.

Read more »

RRSP Canadian Registered Retirement Savings Plan concept
Dividend Stocks

RRSP Investors: Take a Good Look at XIC

| Andrew Button

The iShares S&P/TSX Capped Composite Index Fund (TSX:XIC) is an RRSP favourite.

Read more »

Two seniors walk in the forest
Dividend Stocks

5 Canadian Dividend Stocks to Buy Now and Hold for 20 More Years

| Amy Legate-Wolfe

If you want a perfect passive income portfolio, then these are five of the safest and best dividend stocks to…

Read more »

Investor reading the newspaper
Dividend Stocks

The Best Stocks to Invest $1,000 in Right Now

| Rajiv Nanjapla

These three Canadian stocks would be attractive buys in this uncertain outlook.

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

How to Build a $7,000 TFSA Position With Dividend Champions

| Sneha Nahata

These dividend stocks have strong underlying fundamentals and a reliable payout history, making them top income stocks.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Need Tax-Free Cash? How Much to Invest in a TFSA to Make $1,000 in Monthly Passive Income

| Amy Legate-Wolfe

It can take a lot of money to earn $1,000 per month, but it certainly is possible.

Read more »

An investor uses a tablet
Dividend Stocks

Should You Buy Brookfield Asset Management While it’s Below $80?

| Aditya Raghunath

Brookfield Asset Management continues to offer upside potential to investors given its growth estimates and tasty dividend yield.

Read more »

young people stare at smartphones
Dividend Stocks

BCE vs. Telus: Which Telecom Stock Is a Better Buy?

| Aditya Raghunath

BCE and Telus are two TSX dividend stocks that offer shareholders a tasty yield in June 2025. But which telecom…

Read more »

Income and growth financial chart
Dividend Stocks

1 Delectable Dividend Stock Down 33% to Buy on the TSX Today

| Amy Legate-Wolfe

There are dividend stocks, and then there are stocks that offer a major deal for future returns.

Read more »

A close up color image of a small green plant sprouting out of a pile of Canadian dollar coins "loonies."
Dividend Stocks

3 Dividend Stocks I’d Rather Buy Over BCE Stock

| Robin Brown

Even after the big dividend cut, BCE still looks like a risky stock. Here are three quality dividend stocks I'd…

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

Why a $30,000 Investment in These Sectors Could Pay Off

| Adam Othman

Consider investing your capital in three of the most reliable Canadian industries to get the best returns as a low-risk…

Read more »

woman retiree on computer
Dividend Stocks

How to Use Your TFSA to Average $2,580 Per Year in Tax-Free Passive Income

| Aditya Raghunath

Canadian TFSA investors should consider holding TSX dividend stocks such as Brookfield Infrastructure right now.

Read more »

A red umbrella stands higher than a crowd of black umbrellas.
Dividend Stocks

Building a $42,000 TFSA That Can Weather Market Volatility

| Andrew Button

A $42,000 60/40 portfolio with ETFs like the BMO Canadian Dividend ETF (TSX:ZDV) can weather volatility.

Read more »

shoppers in an indoor mall
Dividend Stocks

The Best $28,000 TFSA Allocation for Different Age Groups

| Kay Ng

Here are examples of a $28,000 TFSA allocation for different age groups. Remember to consult a financial advisor on this…

Read more »

data analyze research
Dividend Stocks

Why a $40,000 Portfolio Needs These Key Components

| Christopher Liew, CFA

A stock portfolio must have key components to maximize returns and accumulate significant wealth.

Read more »

hand stacks coins
Dividend Stocks

The $21,000 TFSA Portfolio Building Method for Long-Term Success

| Christopher Liew, CFA

The TFSA is a tax-advantaged account and was built for long-term financial success.

Read more »

Offshore wind turbine farm at sunset
Dividend Stocks

This Magnificent TSX Dividend Stock Is Poised for a Massive Comeback in 2025

| Aditya Raghunath

Down almost 50% from all-time highs, this blue-chip TSX dividend stock trades at a discount to consensus price targets.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

A $7,000 TFSA Approach That Focuses on Quality and Value

| Andrew Walker

This strategy reduces risk while delivering a decent yield on TFSA savings.

Read more »

Concept of multiple streams of income
Dividend Stocks

1 Delicious TSX Dividend Knight Down 12% I’m Sinking My Teeth Into

| Amy Legate-Wolfe

Dividend knights are some of the safest investments, but this one is a top choice while on sale.

Read more »

shoppers in an indoor mall
Dividend Stocks

This 5.7% Dividend Stock Trades at a Rare Discount

| Amy Legate-Wolfe

There are dividend stocks, and then there are valuable dividend growers stock analysts see becoming major growers.

Read more »

Man data analyze
Dividend Stocks

Meet the Monster TSX Stock Still Crushing the Market

| Amy Legate-Wolfe

Do you want a TSX stock that's already shown massive growth? Consider this one, which has even more to come.

Read more »

shopper chooses vegetables at grocery store
Dividend Stocks

Should You Buy Metro Inc While it’s Below $110?

| Andrew Button

Metro Inc (TSX:MRU) is Canada's challenger grocery store.

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

Are These 2 TSX Stocks Smart Investments for Dividend Income?

| Adam Othman

Take a closer look at these two TSX stocks if you want to ignore the noise and uncertainty and want…

Read more »

dividend growth for passive income
Dividend Stocks

I’d Consider These 5 Dividend Stocks for a $10,000 Income Portfolio

| Amy Legate-Wolfe

Want a perfect portfolio? These dividend stocks are certainly the top choices to consider.

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

The $7,000 TFSA Method That Could Transform Your Financial Future

| Andrew Button

$7,000 invested in stocks like Fortis (TSX:FTS) can go a surprisingly long way.

Read more »

Forklift in a warehouse
Dividend Stocks

I’d Put My Entire $7,000 TFSA Contribution Into This Dividend Stock

| Amy Legate-Wolfe

This dividend stock dishes out monthly income, remaining an essential stock for every investor.

Read more »

Hand Protecting Senior Couple
Dividend Stocks

How $7,000 in Your TFSA Can Grow Into a Retirement Safety Net

| Andrew Walker

This strategy can help turn modest initial TFSA investments into meaningful savings.

Read more »

grow money, wealth build
Dividend Stocks

How to Grow Your $7,000 TFSA Contribution for Decades to Come

| Nicholas Dobroruka

With the help of the Canadian stock market, the TFSA can be your ticket to an early retirement.

Read more »

stock research, analyze data
Dividend Stocks

Building a $20,000 Portfolio That Can Endure Market Cycles

| Aditya Raghunath

These three blue-chip TSX stocks should help you generate steady gains across market cycles.

Read more »

investor looks at volatility chart
Dividend Stocks

A Perfect 10% Dividend Stock Paying Cash Every Month in a Volatile Market

| Amy Legate-Wolfe

Do you need some regular income in this volatile market? This dividend stock could be for you.

Read more »

Man looks stunned about something
Dividend Stocks

Here’s Why at 45, the Average Canadian RRSP Isn’t Enough

| Amy Legate-Wolfe

We're all saving for retirement, but some of us might actually need to step it up a notch.

Read more »

think thought consider
Dividend Stocks

A $10,000 Investment Approach That Balances Risk and Reward

| Demetris Afxentiou

A portfolio that balances risk and reward isn't as hard as it sounds. Here's a duo of stocks that can…

Read more »

Dividend Stocks

How I’d Allocate $7,000 Between These 2 Bargain Stocks While They’re Still Undervalued

| Kay Ng

Although the market is at its all-time high, there's still value to be found in the markets. Here are a…

Read more »

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

I’d Put My Entire TFSA Into This 6% Dividend Giant

| Amy Legate-Wolfe

If you're hoping for income, dividend stocks are the way to go. And this is a top option.

Read more »