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

Income Investors: Which One of These 6.8% Yielding REITs Is Worth Your Consideration Today?

| Brian Paradza, CFA

Choosing between an H&R REIT (TSX:HR.UN) and a similar yielding Crombie Real Estate Investment Trust (TSX:CRR.UN) investment could be a…

Read more »

Compass pointing towards 'best price'
Dividend Stocks

3 Beaten-Down Bargain Stocks for the Rest of September

| Brian Pacampara, CFA

Margin of safety is the key concept of sound investing. These three stocks, including Laurentian Bank of Canada (TSX:LB), could…

Read more »

Dividend Stocks

Can Alimentation Couche-Tard Inc. (TSX:ATD.B) Break Above $68 Per Share This Time?

| Kay Ng

Is it too late to buy Alimentation Couche-Tard Inc. (TSX:ATD.B) now?

Read more »

Dividend Stocks

2 Top Dividend Stocks Worth Buying Through Your TFSA

| Haris Anwar

Telus Corporation (TSX:T)(NYSE:TU) is one of two top dividend stocks that you should consider for your TFSA.

Read more »

Dividend Stocks

2 Things Successful Investors Should Absolutely Avoid Doing

| Kay Ng

Build a position in a stock, such as Canadian National Railway (TSX:CNR)(NYSE:CNI), and you should see marked improvements to your…

Read more »

The Motley Fool
Dividend Stocks

Is Inter Pipeline Ltd.’s (TSX:IPL) 7.3% Yield Worth the Risk?

| David Jagielski

Inter Pipeline Ltd (TSX:IPL) could be a great dividend stock to add to your portfolio if you can stomach the risk…

Read more »

retire
Dividend Stocks

3 Key Things a Retirement Portfolio Should Focus on

| Kay Ng

Here’s why Alimentation Couche-Tard Inc. (TSX:ATD.B) and another best-in-class business may be a great fit for your retirement portfolio.

Read more »

Dividend Stocks

2 Stocks With Strong Turnaround Potential

| Kay Ng

Which of Maxar Technologies Ltd. (TSX:MAXR)(NYSE:MAXR) and another beaten-down stock should you consider for a potentially lucrative turnaround play today?

Read more »

Dividend Stocks

Boost Your Portfolio With These Dividend-Paying Greats

| Demetris Afxentiou

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and Fortis Inc. (TSX:FTS)NYSE:FTS) are two of several incredible long-term investments that can offer investors…

Read more »

The Motley Fool
Dividend Stocks

Why Cenovus Energy Inc. (TSX:CVE) Is 1 of My Top Energy Stock Picks

| Karen Thomas, MSc, CFA

With a rapidly increasing cash flow profile, investors can safely expect growing dividends from Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: 3 Dividend Stocks on Sale

| David Jagielski

Canadian Utilities Limited (TSX:CU) and these two other dividend stocks could produce some great returns for your portfolio.

Read more »

The Motley Fool
Dividend Stocks

Is Picking Up Enbridge’s (TSX:ENB) Stock on a Dip Right Now the Best Play?

| Jason Phillips

Is buying into Enbridge Inc. (TSX:ENB)(NYSE:ENB) on the stock's latest pullback the optimal play, or is there a better option…

Read more »

Dividend Stocks

3 Stocks to Buy and Hold for the Next 50 Years

| Kay Ng

Buying and holding great businesses, such as Alimentation Couche-Tard Inc. (TSX:ATD.B) and two others, is one of the best ways…

Read more »

The Motley Fool
Dividend Stocks

At What Price Does Cenovus Energy (TSX:CVE) Stock Become an Attractive Buy?

| Jason Phillips

Following a surge that saw shares gain more than 60%, Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) is now trading only slightly above…

Read more »

Dividend Stocks

Is it Time to Buy This Real Estate Gem?

| Karen Thomas, MSc, CFA

Tricon Capital Group (TSX:TCN) is the dividend stock to own for exposure to the U.S. real estate market.

Read more »

Dividend Stocks

Royal Bank Stock (TSX:RY) Remains a King Among Men

| Chris MacDonald

As far as safety and long-term risk-adjusted returns go, Royal Bank of Canada (TSX:RY)(NYSE:RY) has proven itself to be simply one…

Read more »

Dividend Stocks

Despite Rising Interest Rates, RioCan REIT (TSX:REI.UN) Stock Is Likely to Outperform Long Term

| Chris MacDonald

With a potential bear market on the horizon, I see RioCan Real Estate Investment Trust (TSX:REI.UN) as an excellent option for…

Read more »

Dividend Stocks

Moody’s Just Revised its Outlook on the Canadian Banking System: Here’s What You Need to Know

| Brian Pacampara, CFA

Here's why Moody's has a revised outlook on Canadian banks, including Royal Bank of Canada (TSX:RY)(NYSE:RY).

Read more »

win
Dividend Stocks

Protect Your TFSA With These Reliable Dividend-Paying Value Stocks

| Joey Frenette

Your TFSA portfolio needs Emera Inc. (TSX:EMA) and one other dividend-paying stock to survive the next downfall.

Read more »

Dividend Stocks

4 Incredible, Diversified Income Picks to Make You Rich

| Demetris Afxentiou

Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN) is just one of several lucrative investment options that can provide substantial growth and…

Read more »

Dividend Stocks

Now Is the Time to Double Down on This 5% Yield

| Matt Smith

Brookfield Renewable Partners L.P.'s (TSX:BEP.UN)(NYSE:BEP) strong growth prospects, appealing valuation and juicy 5% yield make it a must own stock.

Read more »

Dividend Stocks

Investor Beware: The Bull Could Be Headed for Life Support This September

| Joey Frenette

Northland Power Inc. (TSX:NPI) is your one-stop shop if you're not ready for the implosion that lies ahead.

Read more »

Dividend Stocks

3 Cheap But Low-Risk Dividend Stocks to Buy in September

| Haris Anwar

BCE Inc. (TSX:BCE)(NYSE:BCE) is one of three dividend stocks that suit low-risk investors.

Read more »

The Motley Fool
Dividend Stocks

How to Invest Defensively in This All-Time-High Market

| Kay Ng

Invest defensively by considering Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN). Here are more defensive tips.

Read more »

Dividend Stocks

Income Investors: 2 Contrarian Stock Picks Yielding 7-9%

| Andrew Walker

Inter Pipeline Ltd. (TSX:IPL) and another unloved dividend stock look oversold today.

Read more »

a Couche Tard store
Dividend Stocks

Is Alimentation Couche-Tard Inc. (TSX:ATD.B) Stock a Buy After Posting a Strong Q1?

| Stephanie Bedard-Chateauneuf, MBA

Alimentation Couche-Tard Inc. (TSX:ATD.B) reported first-quarter results this week that continued to impress.

Read more »

Dividend Stocks

Make Your TFSA Unshakeable With This Bulletproof Investment

| Joey Frenette

I'm a huge fan of the BMO Low Volatility Canadian Equity ETF (TSX:ZLB) and a core TFSA holding. Here's why.

Read more »

Dividend Stocks

Do You Need to Boost Your Retirement Income?

| Kay Ng

Want to increase your income immediately? Consider high-yield REITs, such as NorthWest Health Prop Real Est Inv Trust (TSX:NWH.UN), for…

Read more »

Dividend Stocks

This Dividend Stock Keeps on Trucking

| Will Ashworth

Yielding almost 3%, TFI International (TSX:TFI) continues to be a dividend investor’s dream stock.

Read more »

offshore wind generation
Dividend Stocks

Should You Buy Canada’s Top 2 Green-Power Stocks?

| Victoria Hetherington

Northland Power Inc. (TSX:NPI) is one of the best-known green-energy stocks on the TSX. But does it make sense to…

Read more »

The Motley Fool
Dividend Stocks

4 Stocks That Boast +20 Years of Dividend Growth to Target in September

| Ambrose O'Callaghan

Income investors should target stocks like Thomson Reuters Corp (TSX:TRI)(NYSE:TRI) as the TSX dips during NAFTA negotiations.

Read more »

Dividend Stocks

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN) Loads Up the Coffers for Another Spending Spree

| Matt Smith

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) gets ready to make further acquisitions.

Read more »

Dividend Stocks

Which Is Better for Top Dividends: Energy Stocks or REITs?

| Victoria Hetherington

H&R Real Estate Investment Trust (TSX:HR.UN) and a popular energy stock come under the microscope today: which is the better…

Read more »

Dividend Stocks

Time to Buy Canadian Imperial Bank of Commerce (TSX:CM) Stock?

| Andrew Walker

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is approaching its all-time high. Should this stock be in your portfolio?

Read more »

Dividend Stocks

This Bank Stock Is Down 20% Year to Date: Buy the Dip?

| Stephanie Bedard-Chateauneuf, MBA

Laurentian Bank of Canada (TSX:LB) stock has been on a downward trend for several months and has plunged sharply after…

Read more »

hospital
Dividend Stocks

Invest in the Hottest Real Estate With These 2 REITs

| Karen Thomas, MSc, CFA

NorthWest Health Prop Real Est Inv Trust (TSX:NWH.UN) and Chartwell Retirement Residences (TSX:CSH.UN) are paying real estate investors 7.11% and…

Read more »

Dividend Stocks

Should You Buy Enbridge Inc. (TSX:ENB) Stock for the 6% Yield?

| Andrew Walker

Enbridge (TSX:ENB)(NYSE:ENB) is working through a major transition. Should you buy while the stock is out of favour?

Read more »

The Motley Fool
Dividend Stocks

3 Environmentally Responsible Dividend Stocks to Add to Your Portfolio This September

| Kris Knutson

Build an environmentally responsible, high-dividend portfolio by including globally diversified utility companies such as Northland Power Inc. (TSX:NPI). At their…

Read more »

Dividend Stocks

Is Toronto-Dominion Bank (TSX:TD) Canada’s Best Bank Stock?

| Andrew Button

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) shares have solid income, cheap valuation and strong growth.

Read more »

Dividend Stocks

How Safe Are the Dividends of Your Energy Infrastructure Stocks?

| Kay Ng

Do you trust your AltaGas Ltd. (TSX:ALA) dividends? How about Enbridge Inc.’s (TSX:ENB)(NYSE:ENB)?

Read more »