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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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3 TSX Dividend Stocks That Could Pay You Forever

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Are you interested in dividend stocks? These three picks could pay you forever!

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Enbridge Is a High-Yielding Canadian Dividend Stock to Buy Now and Own Forever

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Are you looking for a high-yielding Canadian dividend stock to buy? Enbridge (TSX:ENB) has plenty to offer investors.

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

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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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This TSX Stock Is Super Cheap and Pays a Monster Dividend

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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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3 Growth Stocks You Can Buy Right Now with Less Than $100

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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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Dividend Stocks

Start Building a Recession-Proof Portfolio With This Dividend Stock

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If a recession is around the corner, owning recession-proof stocks could help. Saputo Inc. (TSX:SAP) sells food staples such as…

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3 Dividend Stocks to Buy on Sale

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Get safe yields of up to 6.6% from these bargain dividend stocks, including Vermilion Energy Inc. (TSX:VET)(NYSE:VET).

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Dividend Stocks

Worried About a Bear Market? These 3 Defensive Stocks Are Bear Repellent

| Chris MacDonald

Why investors ought to consider Fortis Inc. (TSX:FTS)(NYSE:FTS), Canadian Tire Corporation (TSX:CTC.A), and Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) with a bear market…

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3 Dynamic Dividend Growth Stocks for September

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Dividend-growth stocks are proven market-thumpers. These 3 plays, including Canadian National Railway (TSX:CNR)(NYSE:CNI), are worth checking out for September.

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Dividend Stocks

Toronto-Dominion Bank (TSX:TD) Posts a Strong Q3 Thanks to Strong Growth in the U.S.

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) isn't getting much love from investors despite a solid performance in its most recent quarterly earnings.

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What if NAFTA Falls Apart? Should I Keep My Automotive Stocks?

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Even though NAFTA trade talks have resulted in uncertainty, auto parts makers such as Magna International Inc. (TSX:MG)(NYSE:MGA), with their…

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Young Investors: How Should You Invest Your Money?

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Will you buy Shopify Inc. (TSX:SHOP)(NYSE:SHOP) for aggressive growth or Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) for steady income growth?

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Dividend Stocks

3 Top Canadian Dividend Stocks With U.S. Exposure

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Here's why Bank of Montreal (TSX:BMO)(NYSE:BMO) and another two top Canadian picks deserve to be on your radar.

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Value Investors: This Large-Cap E&P Oil and Gas Stock Is Deeply Oversold and Could Potentially Double in Value

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“One man’s junk is another man’s treasure,” goes the expression… Make no mistake – you would have wanted nothing to…

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Could This Canadian Powersports Stock Outride a Recession?

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BRP Inc. (TSX:DOO) is the best Canadian leisure vehicle stock you didn't know you needed. Could it even be recession-proof?

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TFSA Investors: Want to Outperform the TSX Index? Avoid These 2 Stocks

| Jason Phillips

The market is full of winners and losers. But you'll never regret avoiding the stocks of companies like Corus Entertainment…

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Dividend Stocks

2 Top Bank Stocks to Buy and Forget

| David Jagielski

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) stock can provide investors with value, growth, and dividends.

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Dividend Stocks

3 Dividend Stocks With Red-Hot Dividend Growth

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Dividend stocks like Fortis Inc (TSX:FTS)(NYSE:FTS) offer strong dividend growth.

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1 Dividend-Paying Company That May Be Poised for Take Off

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Dividend Stocks

3 Dividend Stocks on Sale Yielding up to 4.8%

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Saputo Inc. (TSX:SAP) and these two other stocks can be a great source of dividend income for your portfolio.

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This Bank is Leading the Digital Revolution with Double-Digit Growth

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Dividend Stocks

Why I Think TransCanada (TSX:TRP) Is a Better Investment Than Enbridge (TSX:ENB) Right Now

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Dividend Stocks

Is BCE Inc. (TSX:BCE) a Steal at $53?

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| Haris Anwar

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Get a Lifetime of Dividends from This Mispriced Stock

| Kay Ng

Brookfield Property Partners LP. (TSX:BPY.UN)(NASDAQ:BPY) is a bargain stock offering growing dividends with an attractive 6.2% yield for starters.

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| Andrew Walker

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Now Is the Time to Acquire This Renewable Energy Utility Yielding 4%

| Matt Smith

Boost income and growth by investing in Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN).

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Is Corus Entertainment Inc. (TSX:CJR.B) Stock a Buy After a Massive Dividend Cut?

| Haris Anwar

Given the magnitude of disruption that’s taking place in the media industry, I don’t see a quick turnaround taking place…

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Consider This Evolving REIT for Future Growth

| Demetris Afxentiou

RioCan Real Estate Investment Trust (TSX:REI.UN) is transitioning into a mixed-use REIT with massive long-term growth and income potential.

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| David Jagielski

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Marijuana stocks are highly volatile. Are you looking for a safer way to invest in the cannabis industry? Loblaw Companies…

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Protect your portfolio and collect dividends by investing in lower-risk gold royalty streaming companies such as Franco Nevada Corp. (TSX:FNV)(NYSE:FNV).…

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| Andrew Walker

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Will You Buy This Underpriced Stock for a Nice Dividend?

| Kay Ng

AltaGas Ltd. (TSX:ALA) offers attractive total returns and an awesome dividend.

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It’s Time to Silence Critics of Cineplex Inc. (TSX:CGX)

| Demetris Afxentiou

Investors have long shied away from Cineplex Inc. (TSX:CGX) due to its valuation and volatile business model. Does the recent…

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Dividend Stocks

Increase Your Retirement Income With These 2 Dividend Stocks

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The Time to Buy Bank of Nova Scotia (TSX:BNS) Is Now

| Demetris Afxentiou

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) provided stellar quarterly results, further solidifying the company as a great income and growth pick.

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Dividend Stocks

A High-Yielding Dividend Stock That’s on Sale

| Haris Anwar

AltaGas Ltd. (TSX:ALA) is a high-yielding dividend stock selling at a substantial discount and offering good value to long-term investors.

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Better Buy: Canadian Imperial Bank of Commerce (TSX:CM) or Royal Bank of Canada (TSX:RY)?

| Karen Thomas, MSc, CFA

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and Royal Bank of Canada (TSX:RY)(NYSE:RY) are both solid dividend stocks, with a 4.43%…

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Should Value Investors Buy Copper Stocks — or This Gold Miner With a Huge Dividend?

| Victoria Hetherington

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| Victoria Hetherington

As if you needed any more reason to buy, the Toronto-Dominion Bank (TSX:TD)(NYSE:TD) just announced a huge leap in earnings.

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Toronto-Dominion Bank (TSX:TD) Is Canada’s Top Banking Stock

| Mat Litalien, MBA

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is Canada's best bank. Its stock has consistently outperformed its peers and is worthy of its industry…

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