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

The Motley Fool
Dividend Stocks

2 Top Dividend Stocks to Buy Today and Hold for Life

| Haris Anwar

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is one of two top dividend stocks that you can buy today and hold on to for…

Read more »

The Motley Fool
Dividend Stocks

3 Top Dividend Stocks to Buy Right Now

| Mat Litalien, MBA

Are you looking for stocks that generate income? Look no further. Here are three top dividend stocks, including Canadian Utilities…

Read more »

Dividend Stocks

AltaGas Ltd. (TSX:ALA) and Enbridge Inc. (TSX:ENB): 2 Top High-Yield Dividend Stocks to Ramp Up Your Retirement Income

| Karen Thomas, MSc, CFA

With dividend yields of 8.84% and 5.93%, respectively, AltaGas Ltd. (TSX:ALA) and Enbridge Inc. (TSX:ENB)(NYSE:ENB) are great additions to your…

Read more »

Compass pointing towards 'best price'
Dividend Stocks

Buy These Bargain Stocks to Combat Any Future Crisis Situation

| Kay Ng

Here’s how you can protect your portfolio with Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) or its better peer.

Read more »

Dividend Stocks

How to Invest in Electric Vehicle Stocks for Long-Term Success

| Victoria Hetherington

Magna International Inc. (TSX:MG)(NYSE:MGA) could be the best Canadian electric car stock. How does it compare to the competition?

Read more »

Dividend Stocks

Buying Opportunity: This Bank Can Do No Wrong!

| Demetris Afxentiou

Impressive results and a generous dividend hike continue to showcase why Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) remains a top-pick…

Read more »

Dividend Stocks

An Overlooked Dividend Stock in the TSX Index With Big Upside Potential

| Andrew Walker

Russel Metals Inc. (TSX:RUS) is delivering impressive results in an uncertain environment.

Read more »

Dividend Stocks

Now Playing: Cineplex Inc. (TSX:CGX) Is on Sale, but Is it a Buy?

| Karen Thomas, MSc, CFA

With a 5.36% dividend yield, continued success in its diversification efforts, and an increasingly attractive valuation, Cineplex Inc. (TSX:CGX) stock…

Read more »

Dividend Stocks

Why Enbridge Inc. (TSX:ENB) Might Be About to Take Off!

| David Jagielski

Enbridge Inc (TSX:ENB)(NYSE:ENB) stock has been down for far too long and it's overdue for a big recovery.

Read more »

Dividend Stocks

3 Value Stocks With Safe +6% Yields

| Kay Ng

Income investors should consider AltaGas Ltd. (TSX:ALA) and two other stocks for total returns of about 8-12%.

Read more »

Dividend Stocks

Stocks to Own in an Inverted-Yield-Curve Environment

| Karen Thomas, MSc, CFA

With a strong history of shareholder wealth creation and a defensive business, Metro, Inc. (TSX:MRU) is a strong buy in…

Read more »

Dividend Stocks

Prepare for an Amazing Retirement by Maximizing Your RRSP

| Kris Knutson

Allocate U.S. dividend-paying stocks, REITs, and limited partnerships such as Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) to your RRSP to maximize…

Read more »

Dividend Stocks

Best Canadian REITs for Income Seekers

| Mat Litalien, MBA

Canada's best REITs, such as RioCan Real Estate Investment Trust (TSX:REI.UN), are excellent investments for income seekers.

Read more »

Dividend Stocks

Retirement Investors: 3 Top Canadian Stocks to Start a Balanced TFSA Portfolio

| Andrew Walker

Here's why Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM) and another two Canadian market leaders with international operations deserve to be on…

Read more »

Dividend Stocks

1 Key Reason Why This Oil Stock Is Poised to Soar

| Matt Smith

Intermediate oil producer Whitecap Resources Inc. (TSX:WCP) is ready to surge in value as its profitability grows.

Read more »

The Motley Fool
Dividend Stocks

1 Top Driller to Play Higher Oil

| Matt Smith

Intermediate oil producer Surge Energy Inc. (TSX;SGY) is poised to soar as its profitability grows.

Read more »

retire
Dividend Stocks

4 Dividend Stocks That Could Contribute to a Healthy Retirement

| Ambrose O'Callaghan

Genworth MI Canada Inc. (TSX:MIC) and other income-yielding stocks are great options for those nearing or in retirement.

Read more »

Senior couple at the lake having a picnic
Dividend Stocks

The Best Stocks for a Retirement Portfolio

| Kay Ng

Find out why Toronto-Dominion Bank (TSX:TD)(NYSE:TD) may be a good fit for your retirement portfolio.

Read more »

Dividend Stocks

How to Succeed With Investing: Maximize Returns in Your Registered TFSA Account

| Kris Knutson

Taking advantage of the tax-free status of your registered TFSA account can make a profound difference in your returns. RioCan…

Read more »

Dividend Stocks

5 Unmissable Blue-Chip Stocks for Your RRSP

| Victoria Hetherington

Fairfax Financial Holdings Ltd. (TSX:FFH) and four other quality Canadian stocks are looking ripe for your retirement fund today.

Read more »

wind generation facility
Dividend Stocks

Retirees: Can I Interest You in a 6.1% Yield to Go With a Margin of Safety?

| Joey Frenette

Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP) is a wonderful business to own for the retired. Here's why.

Read more »

Dividend Stocks

The Best Bank for Your Buck Never Looked So Good!

| Joey Frenette

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is a must-buy bank stock of the Big Five. Here's why.

Read more »

Dividend Stocks

Why Alimentation Couche-Tard Inc. (TSX:ATD.B) Should Triple its Dividend

| Joey Frenette

Alimentation Couche Tard (TSX:ATD.B) has a lot going on behind the scenes, but in the meantime, it should be doing…

Read more »

The Motley Fool
Dividend Stocks

3 Dividend Stocks That Could Be Bargains in the Fall

| Ambrose O'Callaghan

Maxar Technologies Ltd (TSX:MAXR)(NYSE:MAXR), Corus Entertainment Inc. (TSX:CJR.B), and others could be solid, cheap additions as investors look to the…

Read more »

The Motley Fool
Dividend Stocks

2 Top Dividend Stocks That TFSA Investors Will Find Selling Cheap

| Haris Anwar

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is one of two top dividend stocks that TFSA investors might find attractive for the…

Read more »

growing dividends
Dividend Stocks

Should You Buy This Value/Growth Stock Now or Later?

| Kay Ng

Alimentation Couche-Tard Inc. (TSX:ATD.B) stock has been an outstanding investment, and it remains an incredible long-term idea now.

Read more »

The Motley Fool
Dividend Stocks

3 Top Canadian Oil Stocks to Buy and Hold Forever

| Victoria Hetherington

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and two other top Canadian energy stocks get their market fundamentals combed through. Which is a…

Read more »

The Motley Fool
Dividend Stocks

3 Red-Hot Growth Stocks to Carry Your TFSA Into September

| Brian Pacampara, CFA

This trio of stocks, including goeasy Ltd. (TSX:GSY), could provide the wealth-building momentum you're looking for.

Read more »

Dividend Stocks

2 Unloved Canadian Energy Stocks for a Contrarian Portfolio

| Andrew Walker

Crescent Point Energy (TSX:CPG) (NYSE:CPG) and another beaten-up player in the Canadian energy patch remain out of favour. Is that…

Read more »

The Motley Fool
Dividend Stocks

Why I’m Backing Up the Truck on This Canadian Warren Buffett Stock

| Joey Frenette

Why Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is a strong buy on weakness.

Read more »

Dividend Stocks

RRSP Investors: Should Royal Bank of Canada (TSX:RY) Stock Be on Your Buy List?

| Andrew Walker

Royal Bank of Canada (TSX:RY) (NYSE:RY) continues to deliver impressive earnings. Is this the right time to add the stock…

Read more »

Dividend Stocks

2 Top High-Yield Canadian Stocks for Income Investors

| Andrew Walker

Emera (TSX:EMA) and another utility stock offer above-average yield and growing dividends.

Read more »

stock market index
Dividend Stocks

Would Reduced Corporate Disclosure Be Good for the TSX Index?

| Victoria Hetherington

Morguard REIT (TSX:MRT.UN) and other stocks like it might do well if corporate disclosure were reduced, but what are the…

Read more »

Dividend Stocks

These Best-in-Class Gold and Silver Stocks Are on Sale

| Kay Ng

Here’s why you should consider buying Franco Nevada Corp. (TSX:FNV)(NYSE:FNV) or its peer that has even more upside potential.

Read more »

Dividend Stocks

These Quality Canadian Stocks Are Trading at 52-Week Lows

| Victoria Hetherington

Linamar Corp. (TSX:LNR) and two other stocks are signaling good value at the moment. But are all three a buy?

Read more »

The Motley Fool
Dividend Stocks

Use These 3 Precious Metals Stocks to Protect Yourself From Inflation and Political Turmoil

| Kris Knutson

Investors who fear inflation and political uncertainty may benefit from owning Canadian-focused precious metals stocks such as Agnico Eagle Mines…

Read more »

Dividend Stocks

Why This Dividend Stock Is One of the Best to Earn Growing Income

| Haris Anwar

Canadian Imperial Bank of Commerce's (TSX:CM)(NYSE:CM) is one of the best dividend stocks to earn growing dividend income. Here is…

Read more »

Dividend Stocks

Buy These 2 Small Stocks for Big Growth

| Kay Ng

Consider Stingray Digital Group Inc. (TSX:RAY.A)(TSX:RAY.B) and another small-cap stock to boost your portfolio returns.

Read more »

Dividend Stocks

Sick of Stagnant Returns? Charge Your Portfolio Today With These 2 “White Noise” Steel Plays

| Brian Pacampara, CFA

Trade fears, tariffs, and Turkey turbulence have turned Stelco Holdings Inc (TSX:STLC) and Russel Metals Inc (TSX:RUS) into solid bargains.

Read more »

Dividend Stocks

Will Baytex Energy Corp. (TSX:BTE) Finally Beat the S&P/TSX Composite Index (TSX:^OSPTX)?

| Karen Thomas, MSc, CFA

Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) merger reduces its debt load and increases its diversification, setting this energy stock up to…

Read more »