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

happy woman throws cash
Dividend Stocks

This 2.3% Dividend Stock Consistently Pays Cash

| Amy Legate-Wolfe

Want cash right away? This energy stock is one that offers it up in bulk.

Read more »

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

TFSA: 3 Top TSX Dividend Stocks to Start a Retirement Portfolio

| Andrew Walker

These stocks have paid reliable dividends for decades.

Read more »

Dividend Stocks

Invest $20,000 in 2 TSX Stocks for $1,165.60 in Passive Income

| Amy Legate-Wolfe

These two TSX stocks are perfect for those wanting some extra income, and both pay consistently!

Read more »

jar with coins and plant
Dividend Stocks

2 High-Yield Canadian Dividend Stocks for Income Investors

| Andrew Walker

These top TSX dividend stocks have delivered decades of annual dividend growth.

Read more »

Woman in private jet airplane
Dividend Stocks

Buy the Dip: The 3 Best Canadian Stocks to Buy When Markets Fall

| Amy Legate-Wolfe

If you're worried about the future of the markets, these three stocks could be a good buy when the markets…

Read more »

up arrow on wooden blocks
Dividend Stocks

Buy These Top Growth Stocks Now Before They Take Off

| Jitendra Parashar

These two Canadian growth stocks have all the right ingredients for solid long-term gains.

Read more »

calculate and analyze stock
Dividend Stocks

2 Powerhouse Dividend Stocks to Buy While They’re Still This Cheap

| Joey Frenette

Watch BCE (TSX:BCE) and another great dividend stock closely in June.

Read more »

Dividend Stocks

1 Delicious Canadian Dividend Stock Down 18% to Buy and Hold Right Now

| Amy Legate-Wolfe

Analysts are upgrading this dividend stock, so investors should consider it while it's down!

Read more »

Confused person shrugging
Dividend Stocks

How Much You Really Need to Invest in a TFSA to Make $1,000 a Month

| Jitendra Parashar

This income-focused strategy shows how close you could be to turning your TFSA into a reliable monthly cash machine.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Harness a TFSA to Earn $500/Month Tax-Free

| Rajiv Nanjapla

These three monthly-paying dividend stocks with high yields are ideal additions to your TFSA to earn a healthy passive income.

Read more »

protect, safe, trust
Dividend Stocks

Market Defence: 2 Steady Canadian Dividend Stocks Worth Securing Immediately

| Amy Legate-Wolfe

So you want passive income? These two dividend stocks are prime choices and will be for years.

Read more »

a person watches a downward arrow crash through the floor
Dividend Stocks

TSX Today: Why Canadian Stocks Could Fall in June

| Amy Legate-Wolfe

If the market is set to drop once more, then invest in a Canadian stock that doesn't give any reason…

Read more »

rising arrow with flames
Dividend Stocks

TSX New Market High: 3 Dividend Stocks Still Worth Buying

| Kay Ng

Investors with tonnes of cash on the sidelines can consider these income stocks that trade at good valuations.

Read more »

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

3 Dividend Stocks for Stability-Seeking Retirees

| Rajiv Nanjapla

Seniors in fear of running out of cash in retirement should take a look at these quality dividend stocks with…

Read more »

a sign flashes global stock data
Dividend Stocks

Where I’d Invest $7,600 in the TSX Today

| Kay Ng

By diversifying capital across these different dividend stocks, investors could get a nice mix of income and growth for the…

Read more »

construction workers talk on the job site
Dividend Stocks

1 Canadian Stock That Could Be the Best Investment This Decade

| Amy Legate-Wolfe

This top Canadian stock is one of the best options out there as infrastructure demand ramps up.

Read more »

Dividend Stocks

REIT Income Strategy: 3 Canadian Property Stocks for Regular Payouts

| Demetris Afxentiou

Do you have a REIT income strategy? Here are three diversified REITs that can offer growth and a juicy long-term…

Read more »

dividends can compound over time
Dividend Stocks

2 Outstanding Canadian REITs Offering Exceptional Yields

| Joey Frenette

Canadian Apartment Properties REIT (TSX:CAR.UN) and another great REIT that are still worth buying on the dip!

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

Build a Canadian ETF Powerhouse Portfolio With These 3 Core Holdings

| Chris MacDonald

Here are three top exchange traded funds (ETFs) long-term investors may want to consider for exposure to U.S. and Canadian…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Transform Your TFSA Into a Cash-Creating Machine With $12,000

| Amy Legate-Wolfe

Do you want some strong income right away? Here's how to get it in bulk in your TFSA.

Read more »

woman analyze data
Dividend Stocks

I’d Invest $7,000 in This Overlooked TSX Income Champion Today

| Amy Legate-Wolfe

There are some things we just need, and food is one of them, which is why this undervalued stock is…

Read more »

data analyze research
Dividend Stocks

I’d Put $7,000 in This Monthly Dividend Juggernaut for Decades of Income

| Jitendra Parashar

This reliable dividend stock pays monthly and could turn a one-time investment into years of income.

Read more »

bulb idea thinking
Dividend Stocks

The Smartest Infrastructure Investment to Buy With $5,400 Right Now

| Karen Thomas, MSc, CFA

Brookfield Infrastructure Properties is currently yielding 5%, with strong opportunities in high-growth areas such as digitization.

Read more »

protect, safe, trust
Dividend Stocks

This Under-$20 Stock Yields 4% and Has Remarkable Dividend Safety

| Jitendra Parashar

This amazing $19 stock offers dividend stability backed by billions in contracts.

Read more »

top TSX stocks to buy
Dividend Stocks

This 3.5% Dividend Stock Pays Cash Every Single Month

| Amy Legate-Wolfe

Do you want cash every single month? Then this dividend stock is certainly one to consider.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

Year-Round Income: 4 Dividend Stocks That Pay Out Every Month

| Demetris Afxentiou

Are you looking to generate a year-round income? These stocks will guarantee a growing paycheck each month while also providing…

Read more »

Dividend Stocks

1 Magnificent REIT Stock Down 25% to Buy and Hold Forever

| Brian Paradza, CFA

Seeking juicy monthly passive income? Buy Dream Industrial REIT at a 34% NAV discount in June and earn a 6.6%…

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 Build a Monthly Income Fortress in My TFSA

| Robin Brown

Do you want a monthly income stream that is tax-free? Here are three stocks to add to your TFSA for…

Read more »

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

This Canadian Blue-Chip Down 20% Pays a Fortress-Like Dividend

| Jitendra Parashar

Here’s why this undervalued energy giant could be a solid anchor for your portfolio in uncertain times.

Read more »

Canadian dollars in a magnifying glass
Dividend Stocks

Where I’d Invest $9,200 in The TSX Today

| Kay Ng

For long-term investors with a focus on building wealth through both income and capital appreciation, these two picks could be…

Read more »

dividend growth for passive income
Dividend Stocks

The Smartest Dividend-Growth Stock to Buy With $4,100 Right Now

| Amy Legate-Wolfe

This growing industry is one that's not going to slow down any time soon, which is what makes this dividend…

Read more »

Concept of multiple streams of income
Dividend Stocks

Where I’d Invest $5,900 in the TSX Today

| Andrew Button

I would invest money in Suncor Energy (TSX:SU) stock and two others.

Read more »

sale discount best price
Dividend Stocks

2 Cheap TSX Stocks With Great Dividend Yields

| Andrew Walker

These stocks trade at discounted prices and offer attractive dividend yields.

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

Where I’d Invest $10,800 in the TSX Today

| Brian Paradza, CFA

This TSX hidden gem turned $10K into $81K in 10 years with monthly dividends. Here's why Olympia Financial Group (TSX:OLY)…

Read more »

shopper chooses vegetables at grocery store
Dividend Stocks

This Monthly Dividend Legend Yields 8.3% and Looks Absurdly Cheap

| Amy Legate-Wolfe

Cheap? Check. Income? Check. Every single month? Check and check!

Read more »

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

Got $5,000? How I’d Allocate it Across 5 Financial Stocks for Lasting Sector Exposure

| Brian Paradza, CFA

Scotiabank, goeasy, and three other Canadian financial sector stocks are favourite buys in a long-term investing strategy today.

Read more »

hand stacking money coins
Dividend Stocks

How I’d Build an Unstoppable Income Portfolio With $7,000

| Daniel Da Costa

Here's how to find the highest-quality dividend stocks on the TSX to build a reliable and unstoppable income portfolio.

Read more »

A plant grows from coins.
Dividend Stocks

This Hidden Gem Stock Yields 9.5% and Is Set for Explosive Growth 

| Puja Tayal

Very few high-yielding dividend stocks give both monthly dividends and capital growth. This stock is that hidden gem.

Read more »

Canadian stocks are rising
Dividend Stocks

This Financial Stock Down 9% Could Secure Your Retirement Income

| Amy Legate-Wolfe

If you want a top stock that you simply won't have to worry about, this is the one I'd pick.

Read more »

Technology
Dividend Stocks

1 Magnificent Monthly Dividend Stock Down 7% to Buy and Hold Forever

| Amy Legate-Wolfe

This monthly dividend producer is a growing winner for dividend portfolios.

Read more »