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

invest your money
Dividend Stocks

Value Investors: 2 Top REIT Picks for 2019 (and Beyond!)

| Nelson Smith

Attention value investors: both Artis Real Estate Investment Trust (TSX:AX.UN) and Morguard Real Estate Investment Trust (TSX:MRT.UN) have insanely cheap…

Read more »

Dividend Stocks

Danger: This Dividend Stock Could Lose 50% of Its Value

| Joey Frenette

Cineplex Inc. (TSX:CGX) and its 7% dividend yield are not worth biting on, especially going into 2019. Here's why.

Read more »

Dividend Stocks

3 Highest-Yielding Stocks (Dogs of the TSX)

| Mat Litalien, MBA

The Dogs of the TSX is a very successful investing strategy. Are the dividends for stocks, such as ARC Resources…

Read more »

Dividend Stocks

1 of These Insurance Stocks Can Double in a Year

| Kay Ng

Will you buy Fairfax Financial Holdings Ltd. (TSX:FFH) or Manulife Financial Corporation (TSX:MFC)(NYSE:MFC) today?

Read more »

The Motley Fool
Dividend Stocks

In a Dangerous Market, Discounted Scotiabank (TSX:BNS) Is a TFSA Super-Stock

| Victoria Hetherington

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is the kind of discounted stock that bargain hunters dream of. Here's why its dividends…

Read more »

The Motley Fool
Dividend Stocks

Alarmed Investors Should Get Defensive With Stocks Like Fortis (TSX:FTS)

| Victoria Hetherington

Fortis Inc. (TSX:FTS)(NYSE:FTS) has all the characteristics of a defensive super-stock. Here's why the data says it's a buy.

Read more »

Dividend Stocks

TFSA Investors: These 2 Dividend Growth Studs Could Make You a Millionaire

| Nelson Smith

Every Canadian should strive to have a $1 million TFSA. Great stocks like Telus Corporation (TSX:T)(NYSE:TU) and Richelieu Hardware Ltd.…

Read more »

Dividend Stocks

Beginner Investors: Don’t Break These Top 2 Warren Buffett Rules and You’ll Do Very Well Over the Long Run

| Joey Frenette

National Bank of Canada (TSX:NA) is a screaming bargain buy. Follow Warren Buffett's top rules and you'll come out on top…

Read more »

The Motley Fool
Dividend Stocks

Fortis Inc. (TSX:FTS) Is the Best Stock to Own in a Bear Market!

| Joey Frenette

Fortis Inc. (TSX:FTS)(NYSE:FTS) is the perfect bear repellent that investors should keep in their portfolios, just in case the bear…

Read more »

Dividend Stocks

Exchange Income Corporation (TSX:EIF) Has an 8.3% Dividend That’s Ready to Grow in 2019

| Ryan Vanzo

Exchange Income Corporation (TSX:EIF) has returned more than 250% over the past decade. It looks ready to continue this growth…

Read more »

Dividend Stocks

Retirement Income: 1 Top Dividend Stock to Buy in 2019

| Haris Anwar

Here is why I like Bank of Nova Scotia (TSX:BNS)(NYSE:BNS), one of the top dividend stocks, to earn steadily growing…

Read more »

Dividend Stocks

2018 Has Been a Brutal Year for Stocks: Here’s Why 2019 Could Be Even Worse

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is a great option for investors that are looking for some safety.

Read more »

Dividend Stocks

Deep-Value Alert: 2 Oversold Canadian Stocks With Limited Downside

| Joey Frenette

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) and one other deep-value stock are for investors who don't want to lose big money on…

Read more »

Dividend Stocks

This REIT Has a Gloomy Forecast for Retail: How it’s Changing its Strategy

| David Jagielski

Why RioCan Real Estate Investment Trust (TSX:REI.UN) could see a lot of growth in the years to come.

Read more »

oil, petroleum, refinery
Dividend Stocks

Double Your Money With These Energy Stocks

| Kay Ng

Will you buy Birchcliff Energy Ltd. (TSX:BIR) and this other well-run energy stock for big upside?

Read more »

Dividend Stocks

Canada’s Newest Dividend Aristocrats (Part 3)

| Mat Litalien, MBA

Here is a list of companies, including Brookfield Real Estate Services (TSX:BRE), that have a history of reliable dividend growth.

Read more »

Dividend Stocks

WestJet Airlines Ltd. (TSX:WJA) Stock Is Down 50%: Now Is the Time to Buy its 4.5% Dividend

| Ryan Vanzo

The last time WestJet Airlines Ltd. (TSX:WJA) stock was at these levels, shares went on to double in fewer than…

Read more »

Dividend Stocks

3 Top Dividend Stocks to Buy in 2019

| Stephanie Bedard-Chateauneuf, MBA

My top three dividend stocks to buy in 2019 are Canadian bank stocks, including Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM).

Read more »

Dividend Stocks

Will 2018’s Market Turmoil Turn Into a Recession in 2019?

| Andrew Button

With high interest rates hitting financial stocks like Toronto-Dominion Bank (TSX:TD)(NYSE:TD), is a new recession on the horizon?

Read more »

Dividend Stocks

The TSX Index Looks Poised for a Massive Relief Rally in 2019

| Joey Frenette

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and other TSX bargains may not last long!

Read more »

The Motley Fool
Dividend Stocks

Is This Monster 10% Yield Safe?

| Matt Smith

The latest oil price collapse threatens the sustainability of Vermilion Energy Inc.'s (TSX:VET)(NYSE:VET) dividend.

Read more »

The Motley Fool
Dividend Stocks

3 Attractively Valued, Top Dividend-Growth Stocks for 2019

| Matt Smith

Buy Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP), Enbridge Inc. (TSX:ENB)(NYSE:ENB), and Canadian Utilities Ltd. (TSX:CU) to boost income and growth.

Read more »

Dividend Stocks

Beat the Bear Market: 1 Cheap Safety Stock That’ll Keep Paying You Handsomely

| Joey Frenette

Hydro One Ltd. (TSX:H) is a cheap forever stock that you'll want to hold in your TFSA as the bear…

Read more »

Dividend Stocks

RRSP Investors: 3 Stocks to Buy on the Correction and Hold for Decades

| Andrew Walker

Here's why Telus (TSX:T) (NYSE:TU) and another two top Canadian companies deserve to be on your RRSP radar today.

Read more »

Dividend Stocks

Bank of Montreal (TSX:BMO) and Westjet Airlines Ltd. (TSX:WJA): 2 Fantastic Stocks I’m Never Selling

| Nelson Smith

Bank of Montreal (TSX:BMO(NYSE:BMO) and Westjet Airlines Ltd. (TSX:WJA) will be the bedrock of my portfolio for a very long…

Read more »

Dividend Stocks

This Dividend Stock Yielding 9% Is Among the Best TFSA Bets for 2019

| Haris Anwar

Growth momentum and diversification make Inter Pipeline Ltd. (TSX:IPL) one of the best TFSA bets for 2019.

Read more »

Dividend Stocks

Toronto-Dominion Bank (TSX:TD): A Top Stock to Buy With Your 2019 TFSA Contribution

| Joey Frenette

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is the perfect stock to buy for your TFSA this January.

Read more »

Dividend Stocks

1 Top TSX Index Banking Stock to Buy Now and Beat a Recession

| Victoria Hetherington

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is one of the most defensive stocks on the TSX index. Here's why to…

Read more »

Dividend Stocks

Buying Stocks for the Next Depression? Try This Discounted Humdinger!

| Victoria Hetherington

Looking for a hot tip to beat those mid-economic meltdown blues? Canadian Utilities Ltd. (TSX:CU) might be a bold buy.

Read more »

Dividend Stocks

Income Investors: Lock In This Special $11.40/Share Dividend by December 31

| Nelson Smith

Kinder Morgan Canada Ltd. (TSX:KML) is set to pay investors a massive special dividend. Act today to take part in…

Read more »

Dividend Stocks

TFSA Investors: 3 Dividend Stocks on Sale Yielding Over 7%

| David Jagielski

Laurentian Bank of Canada (TSX:LB) and these two other stocks could be great sources of dividend income for your portfolio.

Read more »

Dividend Stocks

Stick With the Most Profitable Companies and Be Worry Free

| Kay Ng

Are you worried about this market correction? Stick with Royal Bank of Canada (TSX:RY)(NYSE:RY) or this other stock.

Read more »

Dividend Stocks

My Top Income Pick for 2019

| Matt Smith

Boost your portfolio's income and growth by investing in Labrador Iron Ore Royalty Corporation (TSX:LIF).

Read more »

Dividend Stocks

Canada’s Newest Dividend Aristocrats (Part 1)

| Mat Litalien, MBA

These companies have been added to Canada's list of top dividend growth stocks. These stocks are suitable for your TFSA…

Read more »

The Motley Fool
Dividend Stocks

Retirees: Give Yourself a $500/Month Raise With These 5 Dividend Studs

| Nelson Smith

Let 2019 be the year of great income. Stocks like Inter Pipeline Ltd. (TSX:IPL), Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR), and Northland…

Read more »

Dividend Stocks

Is Canadian Tire Corp (TSX:CTC.A) Stock a Good Buy Heading Into 2019?

| Andrew Button

After falling precipitously in late 2018, is Canadian Tire Corporation Limited (TSX:CTC.A) a good buy?

Read more »

Dividend Stocks

3 Dividend Stocks to Launch Your TFSA Retirement Fund in 2019

| Andrew Walker

Here's why Fortis Inc. (TSX:FTS)(NYSE:FTS) and another two TSX Index dividend leaders deserve to be on your radar today.

Read more »

The Motley Fool
Dividend Stocks

Boxing Day Sale: Shop for Losers That Can Become Big Winners in 2019

| Kay Ng

Are you a risk taker? Pick up some Sierra Wireless, Inc. (TSX:SW)(NASDAQ:SWIR) or this other stock: they have strong price…

Read more »

Dividend Stocks

RRSP Investors: Should You Buy Toronto-Dominion Bank (TSX:TD) or Suncor Energy Inc. (TSX:SU) Stock Today?

| Andrew Walker

Suncor Energy (TSX:SU) (NYSE:SU) and Toronto-Dominion Bank (TSX:TD) (NYSE:TD) are starting to look oversold. Is one a better RRSP pick…

Read more »

Dividend Stocks

These 2 “Big 6” Banks Just Fell Into a Bear Market

| Joey Frenette

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and Bank of Montreal (TSX:BMO)(NYSE:BMO) are the first Big Six banks in a bear market.…

Read more »