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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

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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!

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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.

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TFSA Investors: Why You Should Invest Your Room ASAP With These 3 Stocks

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Choosing the right TFSA stocks for your portfolio might take some time. But with the right choices, you can stick…

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How to Generate $500 in Passive Income Each Month

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Instead of letting the stock market control your earnings, take control. Earn stable passive income with this strategy.

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Need Passive Income? Turn $5,000 Into $23.85 Every Month

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If you're looking for passive income that comes in like a paycheque, this dividend stock provides that to you along…

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Consider investing in these two Canadian stocks if you’re looking for assets to buy, hold, and park in a self-directed…

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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…

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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…

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Recent Dividend Stocks News

Dividend Stocks

1 Growth Stock for Your 2019 TFSA Contribution

| Kris Knutson

Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM) makes an excellent long-term growth and dividend investment choice for your 2019 TFSA contribution.

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Dividend Stocks

Is Canadian National Railway (TSX:CNR) About to Revolutionize Oil Transport?

| Nelson Smith

Canadian National Railway (TSX:CNR)(NYSE:CNI) is working on technology that could turn the crude-by-rail business completely upside down.

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Dividend Stocks

Prepare for a Financial Crisis With These 3 Defensive Stocks

| Karen Thomas, MSc, CFA

With an economically insensitive business, a strong history of dividend increases and value creation, Metro, Inc. (TSX:MRU) is one defensive…

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Dividend Stocks

3 Top Oil and Gas Stocks to Buy Right Now

| Karen Thomas, MSc, CFA

With a dividend yield of almost 4% and strong cash flows, Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) is one of…

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Dividend Stocks

Start Building Your Wealth With This Top Small Cap Stock

| Karen Thomas, MSc, CFA

Tricon Capital Group (TSX:TCN) offers investors an undervalued, strategically sound stock with plenty of upside for building wealth.

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The 5 Biggest Bubbles of 2018 and Beyond

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It is very difficult to spot bubbles, but after they burst, it's possible to speculate on decimated stocks like Hive…

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Dividend Stocks

This Financial Stock Is a Screaming Buy and a Top Pick for 2019

| Mat Litalien, MBA

goeasy Ltd's (TSX:GSY) stock is trading at rock-bottom valuations. It has a strong growth profile and an impeccable track record.

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Dividend Stocks

Is Canada’s Berkshire Hathaway Undervalued?

| Vishesh Raisinghani

After the downturn in its stock price, Fairfax Financial Holdings Ltd. (TSX:FFH) is considerably undervalued.

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The Motley Fool
Dividend Stocks

Bank of Nova Scotia (TSX:BNS) Is the Best Way to Play a Rebound in Emerging Markets

| Matt Smith

Emerging markets appear poised to rebound, making now the time to acquire Bank of Nova Scotia (TSX:BNS)(NYSE:BNS).

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Dividend Stocks

Better Dividend Stock: Bank of Nova Scotia (TSX:BNS) or Bank of Montreal (TSX:BMO)?

| Prosper Bakiny

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and Bank of Montreal (TSX:BMO)(NYSE:BMO) are both good dividend-paying stocks.

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Dividend Stocks

A Severely Undervalued TFSA-Worthy Dividend Growth King That Could Skyrocket Into the Stratosphere in 2019

| Joey Frenette

Restaurant Brands International (TSX:QSR)(NYSE:QSR) is a dividend growth aristocrat in the works. Here's why the stock deserves a permanent spot…

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Dividend Stocks

1 Top Canadian Bank I’d Buy for My TFSA This January

| Joey Frenette

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) stock is unfairly battered and ripe to soar in 2019.

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Dividend Stocks

3 Reasons Why I Bought More Shares of AltaGas Ltd (TSX:ALA)

| David Jagielski

Altagas Ltd (TSX:ALA) has been down in the dumps for a while, but this is not a stock you should count…

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Dividend Stocks

This Dividend Stock Has Great Appeal for TFSA Investors

| Haris Anwar

Here is what that makes Fortis Inc. (TSX:FTS)(NYSE:FTS) stock so attractive to own in your TFSA.

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Dividend Stocks

Bet on a TSX Index Rebound in 2019 With This Dividend Stock Yielding 6.9%

| Ambrose O'Callaghan

The 2018 TSX pullback has hurt stocks like IGM Financial Inc. (TSX:IGM). Investors can scoop up nice income at a…

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Dividend Stocks

3 Diversified Canadian REITs With the Lowest Debt Ratios to Watch in 2019

| Brian Paradza, CFA

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Dividend Stocks

Are You in Panic Mode? These 3 Stocks Will Beat the TSX in 2019

| Mat Litalien, MBA

The market has been extremely volatile, and investors are getting anxious. Consider adding stocks like Toronto-Dominion Bank (TSX:TD)(NYSE:TD) to beat…

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Dividend Stocks

Top Growth Stocks for Your TFSA in 2019 and Beyond

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The Motley Fool
Dividend Stocks

ON SALE: 2 High-Yield Stocks for Contrarian Income Investors

| Andrew Walker

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Dividend Stocks

New Investors: Enbridge (TSX:ENB) Is a Must-Have +6% Dividend Stock for Your Holiday Wish List

| Victoria Hetherington

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is a strong buy this holiday season. Take a look at the data and decide for yourself.

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Dividend Stocks

3 Reasons Why This Blue-Chip Dividend Stock Is a Buy Near its 52-Week Low

| Jason Phillips

Trading near its 52-week lows, here's why George Weston Limited (TSX:WN) makes for a great investment these days.

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Dividend Stocks

Is Telus Corp. (TSX:T) or Toronto-Dominion Bank (TSX:TD) Stock a Better RRSP Pick?

| Andrew Walker

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Dividend Stocks

TFSA Dividend Investors: 3 Attractive Beaten-Up Stocks With 5% Yields

| Andrew Walker

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Take a Clue From Warren Buffett and Buy This Canadian Bank Right Now

| Joey Frenette

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Dividend Stocks

AltaGas Ltd. (TSX:ALA) Stock Zooms After Slashing Dividends by 56%: Here’s What You Should Do

| Neha Chamaria

All you need to know about AltaGas Ltd.’s (TSX:ALA) dividend cut and plans for 2019.

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These 2 Top Dividend Stocks Are a Stock Picker’s Dream Come True

| Karen Thomas, MSc, CFA

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Achieve Financial Independence With These 2 Top Dividend Stocks

| Karen Thomas, MSc, CFA

With dividend yields of 6.28% and 5.18%, respectively, Enbridge Inc. (TSX:ENB)(NYSE:ENB) and TransCanada Corporation (TSX:TRP)(NYSE:TRP) can be strong contributors to…

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Dividend Stocks

2 Reasons That Hydro One Ltd’s (TSX:H) Failed Acquisition Should Concern Investors

| David Jagielski

Hydro One Ltd (TSX:H) is a stock that investors may just want to avoid altogether.

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Is Fortis Inc (TSX:FTS) Still a Buy This Holiday Season?

| Andrew Button

Fortis Inc (TSX:FTS)(NYSE:FTS) has seen strong returns this year. Is it still a buy as we head into the new…

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Dividend Stocks

Enbridge Inc (TSX:ENB) Hikes Its Dividend 10%: Is Now the Time to Buy?

| David Jagielski

Enbridge Inc (TSX:ENB)(NYSE:ENB) continues to show why it is one of the best dividend-growth stocks on the TSX.

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Dividend Stocks

Warning: Stocks You Should Not Buy and Forget

| Kay Ng

Here’s why Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) and another stock require special attention.

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The 3 Top Tech Stocks to Buy for 2019

| Mat Litalien, MBA

The tech sector is expected to once again outperform in 2019. Consider tech stocks such as Shopify Inc (TSX:SHOP)(NYSE:SHOP) for…

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Dividend Stocks

This Is the Top Dividend Stock TFSA Investors Should Buy for 2019

| Haris Anwar

TFSA investors should consider adding Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM), a top dividend stock, to their portfolios after recent…

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Dividend Stocks

This Stock Just Raised its Dividend by 14%!

| Amy Legate-Wolfe

Could Manulife Financial Corporation's (TSX:MFC)(NYSE:MFC) dividend increase make it worth adding to your portfolio?

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Dividend Stocks

1 Tech Stock for Dividend Growth

| Kris Knutson

As stocks have continued to fall, high-valuation companies with fast-growing dividends like Enghouse Systems Ltd. (TSX:ENGH) have become more attractive.

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The Motley Fool
Dividend Stocks

2 Defensive Income Plays Yielding up to 7.23% for Your 2019 Portfolio

| Brian Paradza, CFA

It's probably wise to add Sienna Senior Living Inc. (TSX:SIA) and another defensive stock to your income portfolio in 2019.

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Dividend Stocks

Warren Buffett Disciples: Get Big Income and a Bigger Margin of Safety With This Canadian Security

| Joey Frenette

Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) is a must-buy dividend security for those seeking big income and a margin of safety!

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Dividend Stocks

This Top Oil and Gas Producer Has Huge Upside

| Kay Ng

Here’s why Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) is one of the best oil and gas producers.

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Dividend Stocks

Could This Stock Be the Berkshire Hathaway (NYSE:BRK.A) of Canada?

| Andrew Button

Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) is a value investor's dream stock. Could Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM) be the best TSX equivalent?

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Dividend Stocks

2 of the Timeliest Dividend Stocks to Buy for Your 2019 TFSA Retirement Fund

| Joey Frenette

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) are among the timeliest of dividend darlings to…

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