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

Where to Invest $5,000 in Canadian Stocks in Today’s Market

| Andrew Walker

These stocks pay attractive dividends and should be solid long-term picks.

Read more »

Dividend Stocks

Where I’d Invest $10,000 in 2 No-Brainer Canadian Stocks Under $70

| Adam Othman

The stock market is in a state of flux right now, and it’s important to be careful where you invest…

Read more »

Man data analyze
Dividend Stocks

Trump’s Tariff Relief: China Gains, But What About Canada?

| Andrew Button

Trump Tariffs create uncertainty, but index funds like iShares S&P/TSX Capped Composite Index Fund (TSX:XIC) remain investable.

Read more »

Close up of an egg in a nest of twigs on grass with RRSP written on it symbolizing a RRSP contribution.
Dividend Stocks

3 Canadian Dividend Stocks to Build Wealth in Your RRSP

| Christopher Liew, CFA

Three Canadian dividend stocks can help you build wealth or a substantial retirement fund in your RRSP.

Read more »

ways to boost income
Dividend Stocks

This 7.6% Dividend Stock Pays Cash Every Month

| Amy Legate-Wolfe

There are dividend stocks, there are monthly dividend stocks, and then there are those with incredibly stable futures.

Read more »

protect, safe, trust
Dividend Stocks

3 Defensive Sectors Every Canadian Investor Should Consider Today

| Daniel Da Costa

With volatility rising due to a potential global trade war, here are three defensive sectors to invest in today.

Read more »

A meter measures energy use.
Dividend Stocks

Fortis Stock: Buy, Sell, or Hold Now?

| Andrew Walker

Fortis is up 11% in 2025. Are more gains on the way?

Read more »

Investor wonders if it's safe to buy stocks now
Dividend Stocks

This 6.3% Dividend Stock Is a Must-Buy as Trump Tariffs Hit Canada

| Amy Legate-Wolfe

This dividend stock is a winner, especially amidst Trump tariffs that could send energy companies for a whirl.

Read more »

A plant grows from coins.
Dividend Stocks

2 Canadian Dividend-Growth Stocks to Buy on the Cheap

| Joey Frenette

TD Bank (TSX:TD) and another fantastic TSX dividend stock could surge high in summer.

Read more »

A worker gives a business presentation.
Dividend Stocks

3 Stocks I’d Buy With $10,000 Whenever They Dip in Price

| Adam Othman

Buying the dip in the right TSX stocks can help you leverage a market downturn and accelerate your long-term wealth…

Read more »

Hourglass and stock price chart
Dividend Stocks

Where I’d Put $50,000 Right Away in Top Canadian Stocks for Growth and Income

| Aditya Raghunath

TSX dividend stocks such as Savaria and CNQ are top choices for investors looking for growth and income in 2025.

Read more »

Super sized rock trucks take a load of platinum rich rock into the crusher.
Dividend Stocks

Invest $25,000 in This Dividend Stock for $536.90 in Annual Passive Income

| Amy Legate-Wolfe

This dividend stock is one of the best options for those looking to create income long term.

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

Where I’d Put $10,000 in Top Canadian Energy Stocks This April for Dividend Income

| Rajiv Nanjapla

These three energy stocks are ideal for income-seeking investors, given their solid cash flows and consistent dividend growth.

Read more »

An investor uses a tablet
Dividend Stocks

This Could Be the Top Canadian Dividend Stock to Buy Right Now

| Chris MacDonald

Here's why I think Enbridge (TSX:ENB) remains a top option for dividend investors in this current macroeconomic climate.

Read more »

senior man smiles next to a light-filled window
Dividend Stocks

How I’d Invest My $7,000 TFSA Across These 3 Canadian Stocks for Dividend Income

| Demetris Afxentiou

Investors looking for Canadian stocks for dividend income that can last decades should consider buying these three stocks today.

Read more »

A worker uses a double monitor computer screen in an office.
Dividend Stocks

National Bank vs. Bank of Montreal: How I’d Divide $12,000 Between Banking Stocks

| Chris MacDonald

Here's how I would think about splitting up a $12,000 prospective investment in National Bank of Canada (TSX:NA) and Bank…

Read more »

A train passes Morant's curve in Banff National Park in the Canadian Rockies.
Dividend Stocks

Canadian National Railway: How I’d Approach This Blue-Chip With $10,000 in 2025

| Kay Ng

Despite current macro headwinds, Canadian National Railway remains a rock solid, blue-chip pick for long-term investing.

Read more »

rain rolls off a protective umbrella in a rainstorm
Dividend Stocks

April Income Strategy: Where to Invest $10,000 in Big Dividend Stocks

| Andrew Walker

These stocks offer attractive yields for income investors.

Read more »

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

How I’d Invest $50,000 in TFSA Cash for 2025

| Amy Legate-Wolfe

Looking to get started with a TFSA? Here's exactly how to get going with these top stocks.

Read more »

A worker drinks out of a mug in an office.
Dividend Stocks

Here’s the Maximum Amount Canadians Could Have in a TFSA

| Amy Legate-Wolfe

Just because you hit the max of your TFSA doesn't mean that's what it's worth. Here's how to make even…

Read more »

Canada national flag waving in wind on clear day
Dividend Stocks

The 1 Canadian Stock I’d Buy and Hold Forever in a TFSA

| Amy Legate-Wolfe

This Canadian stock is like buying a whole whack of them in one click and makes the perfect long-term hold.

Read more »

ways to boost income
Dividend Stocks

Here’s How Many Shares of Northland Power You Should Own for $500 in Monthly Dividends

| Amy Legate-Wolfe

Energy stocks can be a strong investment, but this one has an even stronger future outlook.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

This 9.66% TSX Dividend Stock Pays Cash Every Single Month

| Aditya Raghunath

Freehold Royalties is a TSX dividend stock that offers you a monthly payout and a tasty dividend yield of 9.7%…

Read more »

Start line on the highway
Dividend Stocks

Where to Allocate $7,000 in TFSA Investments in Canadian Dividend Stocks in Today’s Market

| Andrew Walker

These stocks pay dividends with high yields and offer a shot at decent upside on a rebound.

Read more »

analyze data
Dividend Stocks

How I’d Allocate My $7,000 TFSA Contribution for Optimal Returns

| Adam Othman

Use the annual growth in your TFSA contribution room to boost your passive income and enjoy the returns tax-free by…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

How I’d Allocate My TFSA Contribution to Canadian Value Stocks This Year

| Kay Ng

I’d split my $7,000 TFSA contribution across solid dividend-paying stocks from different sectors

Read more »

dividend growth for passive income
Dividend Stocks

Why I’d Invest in Canadian Value Stocks for Both Stability and Growth

| Christopher Liew, CFA

Three Canadian value stocks are buying opportunities for investors looking for stability and growth.

Read more »

investment research
Dividend Stocks

Got $15,000? 3 Blue-Chip Stocks Every Canadian Should Consider

| Aditya Raghunath

Here's why investing in blue-chip TSX stocks such as CNQ and CNR should derive outsized gains in 2025 and beyond.

Read more »

protect, safe, trust
Dividend Stocks

Where I’d Allocate $20,000 in 2 Safer High-Yield Dividend Stocks for Retirement Needs

| Demetris Afxentiou

Here are two safer, high-yield dividend stocks I'm looking at for my retirement needs.

Read more »

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

3 Reasons I’m Considering Enbridge Stock for a $5,000 Investment This April

| Demetris Afxentiou

I'm considering Enbridge stock to provide some defensive appeal and a juicy dividend to my long-term portfolio.

Read more »

monthly desk calendar
Dividend Stocks

A 9.2% Dividend Stock Paying Cash Every Single Month

| Amy Legate-Wolfe

With one of the highest dividends out there, this dividend stock deserves attention in your portfolio.

Read more »

Happy golf player walks the course
Dividend Stocks

Build a Powerful Passive Income Portfolio With Just $20,000

| Puja Tayal

If you are worried that the bear market could reduce your savings, these stocks can build a powerful passive income…

Read more »

Hand Protecting Senior Couple
Dividend Stocks

How I’d Use My $7,000 TFSA Contribution to Start Retirement Planning

| Sneha Nahata

These TSX stocks have solid fundamentals and are well-positioned to deliver significant tax-free total returns over time.

Read more »

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

How to Turn Your TFSA Into a Gold Mine Starting With Only $10,000

| Amy Legate-Wolfe

It doesn't have to be complicated or scary. You can turn any portfolio into a major gold mine.

Read more »

ways to boost income
Dividend Stocks

Passive Income: How to Invest Your TFSA Limit in 2025

| Andrew Walker

This TFSA strategy can reduce risk and boost yield.

Read more »

coins jump into piggy bank
Dividend Stocks

Here’s the Average Canadian TFSA and RRSP at Age 25

| Amy Legate-Wolfe

Are you not meeting the average? Then check out this ETF that can bridge the gap.

Read more »

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

3 Canadian Multi-Sector Stocks to Buy and Hold for Built-In Diversification

| Jitendra Parashar

Here are three of the best dividend-paying Canadian stocks with built-in diversification.

Read more »

grow money, wealth build
Dividend Stocks

Why I’d Allocate $15,000 to Canadian Stocks Now for Building Generational Wealth

| Kay Ng

With $15,000, a thoughtful allocation across small-, mid-, and large-cap Canadian stocks could offer the right blend of growth, income,…

Read more »

Caution, careful
Dividend Stocks

3 Major Red Flags the CRA Is Watching for All TFSA Holders

| Amy Legate-Wolfe

The CRA is watching, so make sure you're investing well and avoiding these problems.

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Dividend Stocks

TFSA Investors: 2 Top TSX Stocks With Decades of Dividend Growth

| Andrew Walker

These stocks have great track records of delivering dividend growth in challenging economic conditions.

Read more »