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

sale discount best price
Dividend Stocks

Is This Correction Your Chance at 4 Passive-Income Stocks on Sale?

| Amy Legate-Wolfe

These top Canadian stocks offer a great opportunity as analysts continue to upgrade one after another.

Read more »

Dividend Stocks

Boost Your Monthly Income With These 3 High-Yielding REITs

| Rajiv Nanjapla

These three REITs are ideal for income-seeking investors, given their stable cash flows and healthy dividend yields.

Read more »

calculate and analyze stock
Dividend Stocks

3 Blue-Chip Dividend Stocks Every Canadian Should Own

| Sneha Nahata

These blue-chip dividend stocks have growing earnings bases, enabling them to consistently pay and increase their dividends.

Read more »

protect, safe, trust
Dividend Stocks

2 TSX Champions to Shield Your Wealth During Stagflation

| Joey Frenette

Alimentation Couche-Tard (TSX:ATD) and another great stock could rise as inflation and economic sluggishness begin to weigh.

Read more »

investment research
Dividend Stocks

How I’d Secure $150 Monthly Dividends With a $25,000 Investment

| Adam Othman

Create sizeable passive income by investing in these two dividend stocks in your self-directed investment portfolio.

Read more »

trends graph charts data over time
Dividend Stocks

The Smartest Income Stocks to Buy With $5,000 Right Now

| Robin Brown

Do you want to increase your dividend income? Check out these three smart Canadian income stocks for a long-term hold.

Read more »

An investor uses a tablet
Dividend Stocks

Where I’d Invest $9,500 in the TSX Today

| Adam Othman

Take a closer look at these two oil and gas sector giants if you’re seeking reliable long-term investments to hold…

Read more »

Dividend Stocks

The Best Canadian Stocks to Buy Right Away With $30K

| Amy Legate-Wolfe

Do you have $30,000 sitting there doing nothing? Then you need to invest in Canadian stocks like these!

Read more »

Muscles Drawn On Black board
Dividend Stocks

Where Will Power Corporation Be in 5 Years?

| Brian Paradza, CFA

Here's how Power Corporation of Canada (TSX:POW) stock could generate double-digit returns and outperform financial sector peers in five years...

Read more »

view of skyscapers from below
Dividend Stocks

Where I’d Invest $5,500 in the TSX Today

| Demetris Afxentiou

Seeking to invest $5,500 in the TSX? Here’s a look at two stellar picks that can provide decades of growth…

Read more »

shopper buys items in bulk
Dividend Stocks

The Smartest Consumer Defensive Stock to Buy With $2,700 Right Now

| Chris MacDonald

Here's why Loblaw (TSX:L) is among the best consumer defensive stocks investors can consider in this increasingly uncertain environment.

Read more »

Forklift in a warehouse
Dividend Stocks

How I’d Build a $250 Monthly Income Stream With $14,000

| Kay Ng

The trick to earning $250+/month is reinvesting dividends and adding to your portfolio over time.

Read more »

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

The Top Canadian Stocks to Buy Immediately With $4,000

| Amy Legate-Wolfe

Insurance stocks are some of the strongest options, because we all need to pay it! And these three look top…

Read more »

dividends grow over time
Dividend Stocks

This Incredible Monthly Payer Is Down 17% and Looks Irresistible

| Puja Tayal

Are you looking for an alternative source for a monthly paycheck? This stock is an irresistible deal to lock in…

Read more »

top TSX stocks to buy
Dividend Stocks

This Monthly Income TSX Stock Paying 2.7% Looks Like a Bargain Today

| Aditya Raghunath

Savaria is a TSX dividend stock that has crushed broader market returns over the past two decades. Is the Canadian…

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

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

| Amy Legate-Wolfe

Get it all with this energy stock that offers dividends now and major future growth.

Read more »

data analyze research
Dividend Stocks

This Canadian Blue-Chip Down 36% Is a Once-in-a-Decade Opportunity 

| Puja Tayal

Rarely does an opportunity come to buy a blue-chip stock at a decade-low price. It helps you catch up on…

Read more »

calculate and analyze stock
Dividend Stocks

Where I’d Invest $4,200 in the TSX Today

| Adam Othman

Take a closer look at these two TSX stocks if you seek long-term wealth growth through your self-directed investment portfolio.

Read more »

A plant grows from coins.
Dividend Stocks

Shelter From Market Storms: 2 Dividend-Growth Stars for Canadian Portfolios

| Joey Frenette

McDonald's (NYSE:MCD) and another dividend grower are worth buying on the way down.

Read more »

shopper chooses vegetables at grocery store
Dividend Stocks

1 Relentless Retail Stock Dipping 5% to Buy Now and Hold for Life

| Amy Legate-Wolfe

This stock is a top choice for investors, with so many of the names you visit every day under its…

Read more »

Hourglass projecting a dollar sign as shadow
Dividend Stocks

Where Will Great-West Lifeco Stock Be in 4 Years?

| Aditya Raghunath

Great-West Lifeco is a blue-chip dividend stock that trades at a reasonable valuation in 2025. Is the TSX dividend stock…

Read more »

Technology
Dividend Stocks

The Best Canadian Stock to Buy With $5,000 in 2025

| Amy Legate-Wolfe

If you have $5,000 to invest, then this top choice may be one of the best options out there.

Read more »

clock time
Dividend Stocks

I’d Invest $7,000 in This Single Stock for the Next 30 Years

| Adam Othman

Invest in Bank of Nova Scotia (TSX:BNS) if you’re looking for a holding for your self-directed investment portfolio you can…

Read more »

happy woman throws cash
Dividend Stocks

A 4.7% Dividend Stock Paying Cash Every Quarter

| Amy Legate-Wolfe

If you want cash pouring in, then consider this top dividend stock that pays out healthy passive income.

Read more »

shoppers in an indoor mall
Dividend Stocks

6.2% Dividend Yield! I’m Buying This TSX Stock and Holding for Decades

| Amy Legate-Wolfe

This dividend yield may not be double digit, but it's far safer than many others out there.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

1 Magnificent TSX Value Stock Down 28% I’m Buying With Confidence

| Kay Ng

goeasy is a rare combination of value, income, and growth worth considering today for high-risk, long-term investors.

Read more »

Trans Alaska Pipeline with Autumn Colors
Dividend Stocks

This Canadian Pipeline Paying 5.5% is My Top Pick for Income Investors

| Brian Paradza, CFA

Pembina Pipeline stock’s 5.5% yield, strong contracts, and minimal tariff impact make it a top pick for income investors seeking…

Read more »

Workers use a microscope to do medical research in a modern laboratory.
Dividend Stocks

2 Undervalued Canadian Stocks to Buy Now in May 2025

| Amy Legate-Wolfe

These undervalued Canadian stocks won't be down for long, especially for long-term investors.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

I’d Put $7,000 in This Reliable Monthly Dividend Payer – Immediately

| Rajiv Nanjapla

The following three monthly paying dividend stocks can deliver a reliable passive income.

Read more »

stocks climbing green bull market
Top TSX Stocks

Where I’d Invest $13,000 in the TSX Today

| Karen Thomas, MSc, CFA

TSX stocks that are benefitting from strong fundamentals and offer investors good entry points today include Enbridge and Aecon.

Read more »

Happy shoppers look at a cellphone.
Dividend Stocks

The Only TSX Stock I’d Buy and Hold for the Next 20 Years

| Sneha Nahata

This TSX stock offers growth potential, consistent income, and solid value. These characteristics will result in above-average returns.

Read more »

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

I’d Bet My Entire TFSA on This 3.5% Monthly Dividend Stock

| Christopher Liew, CFA

An outperforming monthly dividend stock is a good prospect for TFSA investors in 2025.

Read more »

Electricity transmission towers with orange glowing wires against night sky
Dividend Stocks

My Top 2 TSX Stocks to Buy Right Away for Long-Term Income

| Amy Legate-Wolfe

These two TSX stocks aren't only looking to climb over time, they also offer up strong dividends to boot!

Read more »

analyze data
Dividend Stocks

Invest $25,000 in This Dividend Stock for $985.78 in Annual Passive Income

| Amy Legate-Wolfe

If you're looking for some passive income to come your way, don't sit around. Invest here instead.

Read more »

A person looks at data on a screen
Dividend Stocks

Where Will Restaurant Brands Stock Be in 5 Years?

| Aditya Raghunath

Restaurant Brands stock has delivered outsized gains to shareholders over the past decade. Is the TSX stock still a good…

Read more »

Dividend Stocks

1 Magnificent Canadian Stock Down 29% to Buy and Hold Forever

| Amy Legate-Wolfe

If you're looking for a value stock that's down but not out, this is the Canadian stock to buy.

Read more »

Canada national flag waving in wind on clear day
Dividend Stocks

The Best Canadian Stocks to Buy in May 2025

| Amy Legate-Wolfe

These dividend stocks were just bumped up by analysts, making them great buys on the TSX today.

Read more »

Canadian flag
Dividend Stocks

The Top TSX Stock to Buy Now as Canadians Shift Cash Back Home

| Amy Legate-Wolfe

This top stock is one investors should no longer ignore, and now is the time to pounce.

Read more »

hand stacking money coins
Dividend Stocks

Where to Invest $10,500 in the TSX Today

| Andrew Walker

These discounted stocks deserve to be on your radar right now.

Read more »

Asset Management
Dividend Stocks

Where Will Magna International Stock Be in 4 Years?

| Aditya Raghunath

Down almost 60% from all-time highs, Magna stock trades at a cheap valuation right now. Is the TSX stock a…

Read more »