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

Dividend Stocks

If You’d Invested $1,000 in Telus (TSX:T) at the Start of the Decade, Here’s What You Would’ve Made

| Daniel Da Costa

Telus Corporation (TSX:T)(NYSE:TU) has been a top performer throughout the last decade, but after a major run up in its…

Read more »

Dividend Stocks

TFSA Pension: How to Turn a $100,000 Windfall Into $2.3 million

| Andrew Walker

Once in a while people find themselves with some unexpected cash. Here's how to make it work for you in…

Read more »

Dividend Stocks

CPP Payments 101: How to Boost Your After-Tax Income

| Adam Othman

After all the tax deductions from your Canada Pension Plan Fortis stocks, Fortis stocks might be able to help you…

Read more »

Dividend Stocks

TFSA Investors: This 8.9% Yielder Pays You Cash Every Month

| Nelson Smith

A well-equipped TFSA and Slate Retail REIT (TSX:SRT.UN) shares will easily generate a few hundred dollars each month in tax-free…

Read more »

Dividend Stocks

3 Stock Investing Tips That Could Make You a Millionaire

| Haris Anwar

Investing in stocks, such as Toronto-Dominion Bank (TSX:TD)(NYSE:TD), could help achieve your financial goals. Here are my three tips.

Read more »

Dividend Stocks

2 Radioactive TSX Stocks to Avoid in 2020

| Adam Othman

As 2020 approaches, you should be wary of a few industrial stocks like Magellan and Finning stocks that could fall…

Read more »

Dividend Stocks

Don’t Time the Market: Buy These 3 Reliable Stocks Instead

| Christopher Liew, CFA

AltaGas Canada stock, Brookfield Renewable stock, and goeasy stock are top-performing dividend stocks. You simply buy the stocks without worrying…

Read more »

Dividend Stocks

New Investors Shouldn’t Wait to Buy Into Growth Stocks

| Victoria Hetherington

Lundin Mining Corp. (TSX:LUN) is one of the best mining stocks on the TSX. Here’s why it’s a buy for…

Read more »

Dividend Stocks

Should You Buy Royal Bank of Canada (TSX:RY) Stock in 2020?

| Andrew Button

Royal Bank of Canada (TSX:RY)(NYSE:RY) could be a good dividend play in 2020, but there are serious concerns to be…

Read more »

Dividend Stocks

This 8.4% Yielder Might Be Canada’s Cheapest Stock

| Nelson Smith

At half book value and just 8x funds from operations, there's no denying it. Morguard REIT (TSX:MRT.UN) shares are extremely…

Read more »

Dividend Stocks

DANGER: One Wrong Move Could Wipe Out 50% of Your RRSP or TFSA!

| Andrew Button

If you want to avoid a surprise 50% tax on your RRSP or TFSA, hold approved investments like the iShares…

Read more »

Dividend Stocks

Will Shopify (TSX:SHOP) Be the Top Tech Stock of 2020?

| Mat Litalien, MBA

Shopify Inc (TSX:SHOP)(NYSE:SHOP) once again proved to be a top stock in 2019. Is a repeat performance likely in 2020?

Read more »

Dividend Stocks

2 Stocks Yielding 6% That Dividend Investors Won’t Want to Miss This January

| Joey Frenette

Buy Enbridge Inc. (TSX:ENB)(NYSE:ENB) and another dirt-cheap income stock this January.

Read more »

Dividend Stocks

What 5G Stocks to Buy: How to Make Money From Innovation

| Debra Ray

If you want to make money from technology innovations, here are some 5G stocks to buy in Canada and the…

Read more »

Dividend Stocks

2 All-Star Stocks to Buy for Major Growth in 2020

| Daniel Da Costa

Adding an all-star stock to your portfolio to drive growth and performance is prudent as we enter the new year.…

Read more »

Dividend Stocks

Millennials: Earn $113.50/Month in 2020 With These 3 Dividend Beasts

| Christopher Liew, CFA

Millennials with investments in Pembina stock, Exchange Income stock, and Savaria stock have the potential to earn consistent monthly income.…

Read more »

Dividend Stocks

2 Reasons to Buy Vermilion (TSX:VET) Today and Lock In a 14% Yield for 2020

| Matt Smith

Buy Vermilion Energy Inc. (TSX:VET)(NYSE:VET) today and profit from higher oil in 2020.

Read more »

Dividend Stocks

Why Buying Gold Stocks for Brexit Is a Win-Win

| Victoria Hetherington

Whether bullish or bearish on Brexit, Barrick Gold Corp. (TSX:ABX)(NYSE:GOLD) is a solid all-rounder for long-term investors.

Read more »

Dividend Stocks

2020 New Year: A Canada Stock Market Comparison

| Debra Ray

Ring in the next decade with top Canada technology stocks like Open Text (TSX:OTEX)(NASDAQ:OTEX) for the 2020 New Year.

Read more »

Dividend Stocks

The Year’s Worst-Performing Stocks

| Mat Litalien, MBA

CannTrust Holdings (USA)(TSX:TRST) is among the year's worst-performing stocks. Are any of these laggards a buy for 2020?

Read more »

Dividend Stocks

Canada Revenue Agency: The CRA Can Tax Your OAS Payments by 15%

| Christopher Liew, CFA

OAS payments are not tax exempt. The dividends from CIBC stock and BCE stock can be your counter-balance against the…

Read more »

Dividend Stocks

Is Fortis (TSX:FTS) Stock Still Attractive for TFSA Income Investors?

| Andrew Walker

Income investors who have traditionally held the stock are wondering if they should add to the position or search for…

Read more »

Dividend Stocks

BCE (TSX:BCE): Is This the Best Time to Buy This Dividend Stock?

| Haris Anwar

After a strong rally in 2019, many investor are questioning whether this is the best time to buy BCE Inc.…

Read more »

Dividend Stocks

Value Investors: This Renewable Energy Stock Is Dirt Cheap

| Nelson Smith

Pinnacle Renewable Energy (TSX:PL) is a growth company trading at a value price.

Read more »

Dividend Stocks

After an Epic 73% Fall, Is Canopy (TSX:WEED) Stock a Smart Buy?

| Adam Othman

Canopy stock has fallen by a significant margin since its 52-week high in April 2019. Is there a chance that…

Read more »

Dividend Stocks

Do You Really Need $750,000 to Retire?

| Christopher Liew, CFA

If Canadians really believe that you only need three-quarters of a million dollars to retire, you can invest in Laurentian…

Read more »

Dividend Stocks

WARNING: A Recession Could Wipe Out 50% of Your TFSA!

| Andrew Button

If you're concerned about a recession wiping out your TFSA holdings, consider utility stocks like Fortis Inc (TSX:FTS)(NYSE:FTS)

Read more »

Dividend Stocks

My 3 Top TSX Stock Picks of 2019

| Christopher Liew, CFA

The Air Canada stock, Enbridge stock, and Fortis stock are my 3 top TSX stock picks of 2019. These same…

Read more »

Dividend Stocks

2 Oversold Bank Stocks That Are Hot Buys Right Now!

| David Jagielski

The further Toronto-Dominion Bank (TSX:TD)(NYSE:TD) falls, the better of a buy that it becomes.

Read more »

Dividend Stocks

Retiring TFSA Investors: Boost Your CPP With This Passive Income Portfolio!

| Joey Frenette

Enbridge Inc. (TSX:ENB)(NYSE:ENB) and another dividend king to give your retirement a jolt.

Read more »

Dividend Stocks

71,200 Jobs Lost in Canada: Does This Foreshadow a Financial Crisis in 2020?

| Adam Othman

With warning bells ringing, we might face a financial crisis in the coming year! And stocks like Metro Inc. might…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

Warning! Take Warren Buffett’s Advice on Diversification to Avoid This Major Mistake

| Daniel Da Costa

Most investors are making a huge mistake when it comes to diversifying their portfolio, that could go unnoticed and end…

Read more »

Dividend Stocks

3 High-Growth Dividend Aristocrats to Own for the Next Decade

| Daniel Da Costa

High-growth aristocrats present investors the best opportunity for long-term growth, especially when considering the absolute best stocks such as CAE…

Read more »

Dividend Stocks

After a Rare Pullback, This Forever Stock Is a Screaming Buy

| Nelson Smith

Constellation Software (TSX:CSU) is in the middle of a rare sell-off. If you've missed out on this huge winner, now's…

Read more »

Dividend Stocks

TFSA Investors: This REIT Can Turn $69,500 Into $8,600 a Year

| Joey Frenette

American Hotel Properties REIT (TSX:HOT.UN) could make you rich with dividends and gains. But who is the super-high yielder right…

Read more »

Dividend Stocks

Worried You Won’t Survive on a CPP Pension? Do This!

| Andrew Button

If you think that CPP won't pay enough in retirement, you should consider dividend stocks like Algonquin Power & Utilities…

Read more »

Dividend Stocks

Should You Sell These 2 Oil Stocks After Big Gains?

| Kris Knutson

After pounding the table on oil stocks like Arc Resources Ltd. (TSX:ARX) for months, there has finally been a rally.…

Read more »

Dividend Stocks

TFSA Investors: 2 Dividend-Paying Stocks for 2020

| Aditya Raghunath

With most economists predicting a slowdown in 2020, is it time to add dividend stocks such as NFI Group and…

Read more »

Dividend Stocks

Cineplex (TSX:CGX) Stock Explodes as the Entertainment Wars Go Nuclear

| Victoria Hetherington

Here’s why Cineplex Inc. (TSX:CGX) soared more than 40% Monday, and what Canadians need to know about the streaming wars.

Read more »

Dividend Stocks

This Dividend Aristocrat Has Increased its Payout for 30 Years!

| Aditya Raghunath

Shares of Toromont Industries have performed exceptionally well in the last five years. Do you need to add it to…

Read more »