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

Opportunity of a Lifetime to Buy This Canadian Disruptor While You Short Sell These 2 Disruptees!

| Joey Frenette

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR), BCE Inc. (TSX:BCE)(NYSE:BCE), and Telus Corporation (TSX:T)(NYSE:TU): one buy, two shorts!

Read more »

Dividend Stocks

Canadian Imperial Bank of Commerce’s Q2 Results Could Send the Stock Soaring!

| David Jagielski

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) was down Wednesday despite a strong Q2, and why you should consider picking up the…

Read more »

The Motley Fool
Dividend Stocks

Add This Monthly Dividend-Paying Energy Stock to Your Portfolio Today

| Kris Knutson

Peyto Exploration & Development Corp. (TSX:PEY) provides investors with an attractive yield at an extremely low valuation. With more apparent…

Read more »

The Motley Fool
Dividend Stocks

Is Bank of Nova Scotia a Top RRSP Pick?

| Andrew Walker

Here's why Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) deserves to be on your RRSP radar.

Read more »

Dividend Stocks

3 Top Dividend-Growth Stocks Yielding up to 5.5% to Build Your Portfolio Around

| David Jagielski

TransCanada Corporation (TSX:TRP)(NYSE:TRP) and these two other dividend stocks are great options if you're looking for growing payouts.

Read more »

Dividend Stocks

A Terrific Stock to Have on Your Watch List

| Kay Ng

MTY Food Group Inc. (TSX:MTY) is a great business, but is it a great buy now?

Read more »

Dividend Stocks

Get a Lifetime of Quality Income From This Stock

| Kay Ng

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) offers a decent ~4.9% yield for starters, and you can expect that income stream to…

Read more »

Dividend Stocks

This Company Is 1 Addition Your Portfolio Really Needs in 2018

| Demetris Afxentiou

Exchange Income Corporation (TSX:EIF) offers investors a diversified and well-performing portfolio of companies and a very lucrative monthly dividend.

Read more »

Dividend Stocks

With a Recession on the Horizon, Investors Can Take Refuge in These Dependable Stocks

| Ryan Goldsman

With a recession around the corner, investors need to be ready to jump on the moving train called Canadian National…

Read more »

Dividend Stocks

TFSA Investors: 2 Dividend-Growth Stocks to Play an Energy Rebound

| Andrew Walker

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Enbridge Inc. (TSX:ENB)(NYSE:ENB) are two of Canada's top companies. Which one is a better bet…

Read more »

grow your investments
Dividend Stocks

Where Investors Can Find Monthly Dividends and Capital Appreciation to Go Along With it!

| Ryan Goldsman

With so many fantastic opportunities, shares of Inter Pipeline Ltd. (TSX:IPL) may be the best monthly dividend-paying stock for any…

Read more »

Dividend Stocks

This Little-Known Industrial Can Return 20% by the End of Year

| Mat Litalien, MBA

Wajax Corp. (TSX:WJX) has turned the corner and is riding the wave of positive economic momentum. Look for 20% upside…

Read more »

The Motley Fool
Dividend Stocks

I’m a Raging Bull on This Boring Growth Stock

| Joey Frenette

Jamieson Wellness Inc. (TSX:JWEL) appears destined to outperform. Here's why investors may want to back up the truck today.

Read more »

Dividend Stocks

2 Canadian Dividend Stocks for Retirees to Buy and Hold

| Haris Anwar

Here is why Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is one of the two dividend stock for retirees to buy and hold.

Read more »

Dividend Stocks

4 Compelling Reasons to Invest in This Insurer

| Demetris Afxentiou

Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) remains a great investment opportunity for income and growth-seeking investors for a host of reasons.

Read more »

Dividend Stocks

Contrarian Investors: Should Inter Pipeline Ltd. Be in Your Portfolio?

| Andrew Walker

Here's why Inter Pipeline Ltd. (TSX:IPL) might be oversold today.

Read more »

Dividend Stocks

2 Excellent Monthly Income Stocks

| Kay Ng

Get yields up to 6.5% from Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) and another well-valued stock.

Read more »

Dividend Stocks

Where Investors Can Find the Best Dividend-Paying Bank

| Ryan Goldsman

With so many great names, Canadian investors can choose fantastic dividend growers such as Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM).

Read more »

The Motley Fool
Dividend Stocks

2 Recession-Proof Dividend Stocks to Buy and Hold Forever

| Haris Anwar

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) is one of two dividend stocks that can withstand a market downturn better than other…

Read more »

Dividend Stocks

Canadian Imperial Bank of Commerce Remains the Best Bargain of the Bunch

| Joey Frenette

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is an undervalued Canadian bank that's a better value that many of its peers.

Read more »

Dividend Stocks

Enbridge Inc. vs. TransCanada Corp.: Better Buy on the Dip?

| Joey Frenette

Enbridge Inc. (TSX:ENB)(NYSE:ENB) and TransCanada Corp. (TSX:TRP)(NYSE:TRP) are two quality dividend stocks that have taken a hit of late. Which…

Read more »

Dividend Stocks

Fertilize Your Portfolio and Watch Your Retirement Savings Grow

| Mat Litalien, MBA

Nutrien Ltd. (TSX:NTR)(NYSE:NTR) is proving it can deliver on the expected synergies of its Potash Corp. and Agrium merger.

Read more »

Dividend Stocks

Will Millennial Stock Choices Reshape the TSX?

| Victoria Hetherington

What stocks besides Royal Bank of Canada (TSX:RY)(NYSE:RY) are millennials buying, and what might be the impact on the future…

Read more »

Dividend Stocks

Retirees: 3 Little-Known Dividend Stocks Yielding 5-8%

| Andrew Walker

Russel Metals Inc. (TSX:RUS) and another two Canadian companies deserve a closer look today.

Read more »

Dividend Stocks

Which Is a Smarter Buy: Gold Stocks or Gold Bars?

| Victoria Hetherington

We take a look at McEwen Mining Inc. (TSX:MUX)(NYSE:MUX) and discuss gold investment, and why holding actual gold bullion is…

Read more »

Dividend Stocks

Is the Best Dividend Stock on the TSX a Value Trap?

| Victoria Hetherington

With some analysts unsure of what to do with Power Corporation of Canada (TSX:POW), it’s time to look closer at…

Read more »

Dividend Stocks

TFSA Investors: Should Toronto-Dominion Bank Be a Top Pick?

| Andrew Walker

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) has a strong track record of dividend growth.

Read more »

electricity transmission
Dividend Stocks

Should You Buy Fortis Inc. or Emera Inc. Today?

| Kay Ng

Which of Fortis Inc. (TSX:FTS)(NYSE:FTS) and Emera Inc. (TSX:EMA) is a better buy today for income and total returns?

Read more »

Dividend Stocks

Why These 2 Banks Are Worthy of an Investment

| Demetris Afxentiou

National Bank of Canada (TSX:NA) may lack the footprint of its larger peers, but this regional player is one of…

Read more »

Dividend Stocks

A Canadian Dividend Champ for New RRSP Investors to Hold for Decades

| Andrew Walker

Here's why TransCanada Corporation (TSX:TRP)(NYSE:TRP) deserves a closer look.

Read more »

The Motley Fool
Dividend Stocks

BCE Inc.: Is This Top Dividend Stock a Buy After a 10% Drop?

| Haris Anwar

Here is why BCE Inc. (TSX:BCE)(NYSE:BCE) is a top dividend stock offering good value after a 10% plunge this year.

Read more »

Dividend Stocks

Is Cineplex Odeon a Value Trap?

| Jason Phillips

Shares in Cineplex Inc. (TSX:CGX) have fallen to a new 52-week low this month and is now trading under $30…

Read more »

Dividend Stocks

Sorting Out the Winners and Losers From Higher Gasoline Prices

| Jason Phillips

Gas prices in Canada are 22.9% higher from where they were a year ago. Find out which companies stand to…

Read more »

Dividend Stocks

Shaw Communications Inc. Has a Lucrative Mobile Solution

| Demetris Afxentiou

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) continues to offer a compelling case for growth-seeking investors, while a handsome monthly dividend appeals to…

Read more »

coal-fired power plant, utility
Dividend Stocks

Shares in Teck Resources Ltd. Are Taking Off: Up 17% Over 3 Weeks

| Jason Phillips

Shares in Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) are taking off again, up 17% since the last week of April, yet the…

Read more »

invest your money
Dividend Stocks

How to Choose REITs for Rental Income

| Kay Ng

What are the key metrics to focus on when you look for rental income from REITs, such as Canadian Apartment…

Read more »

Dividend Stocks

3 Top Dividend Stocks for Your Income Portfolio

| Mat Litalien, MBA

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is one of three top dividend stocks that can serve as the foundation of the ultimate income…

Read more »

The Motley Fool
Dividend Stocks

Metal Fight Club: 2 Canadian Metal Stocks Battle it Out

| Victoria Hetherington

Two stocks, two strategies. It’s Fight Club time, as we pitch Sherritt International Corp. (TSX:S) against one other and see…

Read more »

Dividend Stocks

Suncor Energy Inc. vs. Cenovus Energy Inc.: Which Oil Stock Is a Better Buy?

| Haris Anwar

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) are two oil stocks that are surging amid rising oil prices.…

Read more »

Dividend Stocks

Is Bank of Montreal or Canadian Imperial Bank of Commerce a Good RRSP Pick?

| Andrew Walker

Investors often overlook Bank of Montreal (TSX:BMO)(NYSE:BMO) and Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) when choosing a bank stock for…

Read more »