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

Dividend Stocks

Shares in Teck Resources (TSX:TECK.B) Gained 8.5% This Week: Find Out Why This Might Be Just the Beginning

| Jason Phillips

Shares in copper miner Teck Resources Ltd (TSX:TECK.B)(NYSE:TECK) are up 18% over the past two weeks. Find out why this…

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: I Would Buy These 3 Companies Before Purchasing Any More Cannabis Stock

| Jason Phillips

These three stocks, including BlackBerry Ltd (TSX:BB)(NYSE:BB), have as good a chance as any to outperform over the next year.

Read more »

Dividend Stocks

These Tech Stocks Have Vaulted to the Top of My Watch List

| Mat Litalien, MBA

The tech sector has finally cooled. Given recent weakness, Open Text Corp (TSX:OTEX)(NASDAQ:OTEX) and Constellation Software Inc (TSX:CSU) are stocks…

Read more »

The Motley Fool
Dividend Stocks

Are These Really the Top 3 Dividend Rock Stars of the TSX Index?

| Victoria Hetherington

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and two other great Canadian stocks are among the best dividend payers today.

Read more »

The Motley Fool
Dividend Stocks

Ignore the Headlines: What the Loonie Is Saying About NAFTA Talks and What it Means for Your Investments

| Jason Phillips

Without a deal formally in place, find out what the loonie is revealing about ongoing NAFTA negotiations and what it…

Read more »

Dividend Stocks

2 Top Value Stocks to Buy Now

| Karen Thomas, MSc, CFA

Uni-Select Inc. (TSX:UNS) stumbles but now trades at bargain prices with a dividend yield of 1.78%.

Read more »

The Motley Fool
Dividend Stocks

Have Your Cake (a Huge Dividend) and Eat it Too (Capital Gains) With This Delicious Stock

| Joey Frenette

Cineplex Inc. (TSX:CGX) is a must-buy given its new growth profile. Here's why.

Read more »

Dividend Stocks

Cenovus Energy Inc. (TSX:CVE) Investors: Get Ready for a Blowout Year

| Karen Thomas, MSc, CFA

Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) is expected to see a sharp rise in cash flows in 2019, sending the stock…

Read more »

Dividend Stocks

Which Is the Better Buy: Telus Corporation (TSX:T) or BCE Inc. (TSX:BCE)?

| David Jagielski

Is BCE Inc. (TSX:BCE)(NYSE:BCE) still a good buy, or should investors look elsewhere for growth?

Read more »

The Motley Fool
Dividend Stocks

Income Investors: Get Rich and Make a Difference With Alternative Energy Stocks

| Joey Frenette

Why Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN) is a must-own stock for income investors and young investors alike.

Read more »

Dividend Stocks

Is Attractive Valuation Enough to Lure Investors Back to Auto Stocks?

| Victoria Hetherington

Is Uni-Select (TSX:UNS) too exposed to Brexit uncertainties, and would its competitor be a better buy all round?

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: 3 Top Canadian Stocks to Own for 30 Years

| Andrew Walker

Here's why Nutrien Ltd. (TSX:NTR)(NYSE:NTR) and another two Canadian market leaders deserve to be on your TFSA radar.

Read more »

wind generation facility
Dividend Stocks

2 Renewables Stocks to Buy for a Long-Term Energy Portfolio

| Victoria Hetherington

Northland Power Inc. (TSX:NPI) and one other popular Canadian green energy stock go head to head on value multiples. Which…

Read more »

Dividend Stocks

Up More Than 3%, Why Yesterday Was Manulife (TSX:MFC) Stock’s Best Day in More Than a Year

| Jason Phillips

Manulife Financial Corporation (TSX:MFC)(NYSE:MFC) shares gained more than 3% on Wednesday, marking their best day in over a year. Find…

Read more »

Dividend Stocks

2 Dividend Stocks to Buy Now and Hold for the Next Decade

| Haris Anwar

Here is what makes Bank of Montreal (TSX:BMO)(NYSE:BMO) a dividend stock you can buy and hold to earn growing income…

Read more »

Dividend Stocks

Let’s Face it: Dollarama Inc. (TSX:DOL) Is Still Priced as a Growth Stock

| Kris Knutson

Dollarama Inc. (TSX:DOL) has been a tremendously successful growth company over the past few years and remains an expensive company…

Read more »

Dividend Stocks

The Perfect Combination of Growth and Income: Why This Tech Stock Is on My Watch List

| Mat Litalien, MBA

Enghouse Systems Ltd (TSX:ENGH) is a little-known tech company. Its stock has consistently outperformed, has double-digit growth rates, and a…

Read more »

Dividend Stocks

2 Top Canadian Banks I’d Buy for My TFSA Before September Ends

| Joey Frenette

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and one other bank stock is a screaming buy for your TFSA at current levels.

Read more »

Dividend Stocks

Income Investors Rejoice: This Reliable 8% Yielding REIT Is Picking Up Traction!

| Joey Frenette

Inovalis REIT (TSX:INO.UN) is a REIT that income-hungry retirees need to own, pronto.

Read more »

Dividend Stocks

2 Discounted Furniture Retail Stocks to Buy for Their Dividends

| Victoria Hetherington

Sleep Country Canada Holdings Inc. (TSX:ZZZ) and one other good quality dividend stock are among the top discounted retailers today.

Read more »

Dividend Stocks

Young Investors: 3 Top Canadian Dividend Stocks to Buy Now and Own to Retirement

| Andrew Walker

TransCanada Corporation (TSX:TRP)(NYSE:TRP) and another two Canadian dividend champions deserve to be on your radar today.

Read more »

Dividend Stocks

2 Big Dividend Stocks With Lots of Upside

| Kay Ng

Buy these quality energy stocks, including TORC Oil and Gas Ltd. (TSX:TOG), on dips for strong upside and juicy dividends.

Read more »

The Motley Fool
Dividend Stocks

2 Top Energy Stocks to Buy When They’re Selling Absurdly Cheap

| Haris Anwar

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is one of two energy stocks that are selling cheap after a pullback in their prices.

Read more »

Dividend Stocks

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

| Andrew Walker

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) are leaders in their respective industries. Is one a better RRSP bet…

Read more »

urban office buildings
Dividend Stocks

Which of These 3 Diversified REITs Will Help Canadian Investors Get Defensive?

| Victoria Hetherington

So, you're looking for diversified REITs? Artis Real Estate Investment Trust (TSX:AX.UN) and two other Canadian real estate stocks have…

Read more »

Dividend Stocks

2 Cheap Stocks for Value-Focused Investors to Buy and Hold

| Victoria Hetherington

Leon's Furniture Ltd. (TSX:LNF) and one other stock offer value investors great quality at a discounted price. Here's why both…

Read more »

Dividend Stocks

3 REITs to Buy and Forget for the Next Decade

| Demetris Afxentiou

REITs such as Northview Apartment REIT (TSX:NVU.UN) offer incredible long-term growth and income prospects for investors, making them perfect buy-and-forget…

Read more »

Dividend Stocks

3 Dividend Stocks Yielding up to 6.4% That I’d Buy Right Now

| David Jagielski

Rogers Sugar Inc (TSX:RSI) and these two other stocks can provide stability and a stream of dividend income for your portfolio.

Read more »

Dividend Stocks

Bank of Nova Scotia (TSX:BNS) Is Canada’s Best Bank for Growth

| Matt Smith

Bank of Nova Scotia (USA)(NYSE:BNS) is poised to soar.

Read more »

Dividend Stocks

3 Stocks to Build Your Portfolio Around

| David Jagielski

Fortis Inc (TSX:FTS)(NYSE:FTS) and these two other stocks offer investors value, growth, and dividends.

Read more »

The Motley Fool
Dividend Stocks

Why Mess Around With Junior Oil Companies? Choose These 2 Solid Companies Instead

| Kris Knutson

Even though small-cap energy stock can offer leveraged returns, conservative investors may be better off choosing a steady producer and…

Read more »

The Motley Fool
Dividend Stocks

The Top 3 of the 5 Dividend-Growth Stocks in Canada

| Kay Ng

Get the safest dividends from these dividend kings, including Canadian Utilities Limited (TSX:CU).

Read more »

Dividend Stocks

5 High-Yield Canadian Dividend Stocks to Increase Your TFSA Income

| Andrew Walker

Here's why Innergex Renewable Energy Inc (TSX:INE) and four other top Canadian dividend stocks deserve to be on your TFSA…

Read more »

The Motley Fool
Dividend Stocks

My Favourite Renewables Stock Is Both a Dividend Stock and a Growth Stock

| Karen Thomas, MSc, CFA

Northland Power Inc. (TSX:NPI), a strong dividend stock yielding 5.3% with a strong track record and high insider ownership, is…

Read more »

Dividend Stocks

Corus Entertainment Inc. (TSX:CJR.B) Could Realistically Double — But There’s a Catch!

| Joey Frenette

Corus Entertainment (TSX:CJR.B) is starting to look like a compelling short-term trade as the falling knife continues to hurt contrarians.

Read more »

Dividend Stocks

Crescent Point (TSX:CPG) Is a Falling Knife: 3 Reasons You Should Be Avoiding the Stock Right Now

| Jason Phillips

Crescent Point Energy (TSX:CPG)(NYSE:CPG) stock is down more than 10% over the past four weeks. Is a dividend cut on…

Read more »

Dividend Stocks

1 Top Oil Stock to Play Higher Oil

| Matt Smith

Bonterra Energy Corp. (TSX:BNE) is an attractive investment in an environment where oil is rising.

Read more »

Dividend Stocks

These Are My Top 3 Discounted Mining Stocks to Buy Right Now

| Victoria Hetherington

Trevali Mining Corp. (TSX:TV) and two other stocks are trading at deep discounts at the moment. See which has the…

Read more »

Dividend Stocks

Which Is Canada’s Best Energy Infrastructure Stock?

| Matt Smith

Should investors add Enbridge Inc. (TSX:ENB)(NYSE:ENB), Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) or TransCanada Corp. (TSX:TRP)(NYSE:TRP) to their portfolios?

Read more »

Dividend Stocks

Dollarama Inc. (TSX:DOL) Is Among Quality Stocks Trading at Lows: Should We Buy the Dips?

| Karen Thomas, MSc, CFA

Dollarama Inc. (TSX:DOL) stock is down big, but valuations may have further to fall, whereas BCE Inc. (TSX:BCE)(NYSE:BCE) and George…

Read more »