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

Toronto-Dominion Bank vs. Bank of Nova Scotia: Best Bank for Your Buck?

| Joey Frenette

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) are two attractive value picks today, but which is the better…

Read more »

Dividend Stocks

TFSA Investors: 3 Blue-Chip Bank Stocks That Are on the Verge of Being Oversold

| David Jagielski

Royal Bank of Canada (TSX:RY)(NYSE:RY) and these two other stocks are trading at bargains you don't want to miss.

Read more »

The Motley Fool
Dividend Stocks

BCE Inc. Stock: Should You Buy Right Now?

| Andrew Walker

BCE Inc. (TSX:BCE) (NYSE:BCE) has pulled back to the point where the stock might be worthy of a spot in…

Read more »

Dividend Stocks

2 Energy Stocks Selling Cheap, But Which 1 Is Safe for Your TFSA?

| Haris Anwar

TransCanada Corporation (TSX:TRP)(NYSE:TRP) is one of my favourite picks for TFSA investors. Here is why.

Read more »

Dividend Stocks

2 High-Yielding Dividend Stocks, But Which 1 Would I Buy Today?

| Haris Anwar

Corus Entertainment Inc. (TSX:CJR.B) and Inter Pipeline Ltd. (TSX:IPL) offer highly attractive dividend yields, but which stock is safe?

Read more »

The Motley Fool
Dividend Stocks

Toronto-Dominion Bank Stock Falls 8% in 15 Trading Days: Time to Buy?

| Brian Paradza, CFA

Rich pickings are available as Toronto-Dominion Bank (TSX:TD)(NYSE:TD) stock goes into oversold territory.

Read more »

Dividend Stocks

Why Shaw Communications Inc. Stock Is up Big Time in Intraday Trading

| Kay Ng

Is Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) a buy, hold, or sell after the big move up?

Read more »

The Motley Fool
Dividend Stocks

Understanding the Impact FX Markets Could Have on Your Stock Holdings in 2018

| Jason Phillips

Click to learn about the impact that foreign exchange markets could have on your investments this year, including the implications…

Read more »

offshore wind generation
Dividend Stocks

Beef Up Your Renewable Energy Holdings With These 2 High-Yield Dividend Stocks

| Karen Thomas, MSc, CFA

Currently yielding 5.3%, Northland Power Inc. (TSX:NPI) offers investors growth and income.

Read more »

The Motley Fool
Dividend Stocks

Hide in the Dark to Avoid the Recession

| Ryan Goldsman

With the chance of a recession on the horizon, investors can take refuge in shares of Cineplex Inc. (TSX:CGX) and…

Read more »

The Motley Fool
Dividend Stocks

Crude Oil Is up 7.7% This Week: A Closer Look at Canada’s Energy Sector

| Jason Phillips

The price of crude oil has risen 7.7% this week amid heightened tensions in the Middle East. Find out where…

Read more »

Dividend Stocks

2 Energy Stocks for Strong Upside

| Kay Ng

Will you go for a big dividend with Vermilion Energy Inc. (TSX:VET)(NYSE:VET) or stronger upside with another quality energy stock?

Read more »

The Motley Fool
Dividend Stocks

1 Warren Buffett Principle That Investors Should Adopt to Beat the Market

| Joey Frenette

Here's why investors should follow Warren Buffett's teachings as volatility picks up. Deeply discounted stocks like Enbridge Inc. (TSX:ENB)(NYSE:ENB) arise…

Read more »

Dividend Stocks

Is Telus Corporation Attractive for Your TFSA Retirement Fund?

| Andrew Walker

Telus Corporation (TSX:T)(NYSE:TU) has generated some impressive long-term returns.

Read more »

Dividend Stocks

Forget High Tech: Go Low Tech With These 2 Companies!

| Chris MacDonald

For those looking for "boring" long-term returns, I suggest investors take a look at Canadian Tire Corporation Limited (TSX:CTC.A) and Cenovus Energy…

Read more »

hospital, aged care facility
Dividend Stocks

3 High-Yield Healthcare Stocks to Grow Old (and Rich) With

| Karen Thomas, MSc, CFA

NorthWest Health Prop Real Est Inv Trust (TSX:NWH.UN) yields 7.1%, as cash flows and occupancy levels are rising.

Read more »

Dividend Stocks

Should Bank of Montreal Be on Your RRSP Buy List?

| Andrew Walker

Bank of Montreal (TSX:BMO) (NYSE:BMO) is often overlooked by investors. Is it time to buy this stock?

Read more »

The Motley Fool
Dividend Stocks

Enbridge Inc. Stock Is Cheaper Than You Think: Here’s Proof

| Neha Chamaria

One chart reveals why Enbridge Inc. (TSX:ENB)(NYSE:ENB) stock is too cheap to ignore anymore.

Read more »

The Motley Fool
Dividend Stocks

Which of These Amazing Stocks Is the Better Buy Today?

| Kay Ng

Should you buy CCL Industries Inc. (TSX:CCL.B) or Intertape Polymer Group (TSX:ITP) for double-digit returns today?

Read more »

Dividend Stocks

TFSA Investors: These 3 Dividend Stocks Are Trading Near 52-Week Lows

| David Jagielski

Power Corporation of Canada (TSX:POW) and these two other stocks have taken a hit this past year, and it could be…

Read more »

Dividend Stocks

Which of These Energy Giants Should You Consider?

| Kay Ng

If you’re bullish on energy, like the market has been in the last month, you should take a closer look…

Read more »

Dividend Stocks

2 Market-Beating Dividend Stocks Ideal for Your TFSA

| Haris Anwar

Dividend stocks, such as Canadian National Railway (TSX:CNR)(NYSE:CNI), are great additions to your TFSA if you plan to build an…

Read more »

post-its with the focus on one saying "Make Things Happen"
Dividend Stocks

3 High-Yielding Dividend Stocks That Could Outperform the TSX This Year

| David Jagielski

First National Financial Corp. (TSX:FN) and these two other stocks pay great yields and have a lot of upside.

Read more »

Dividend Stocks

Where Investors Can Find International Exposure

| Ryan Goldsman

With a fluctuating Canadian dollar, investors may be wise to load up on shares of Bank of Nova Scotia (TSX:BNS)(NYSE:BNS).

Read more »

The Motley Fool
Dividend Stocks

Why Sun Life Financial Inc. and Nutrien Ltd. Should Be on Your RRSP Radar

| Andrew Walker

Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) and Nutrien Ltd. (TSX:NTR)(NYSE:NTR) are interesting picks to boost global exposure in your RRSP portfolio.

Read more »

Dividend Stocks

This Stock’s 30%+ Jump in 2 Days Is a Just a Sliver of its Upside

| Chris MacDonald

Corus Entertainment Inc. (TSX:CJR.B) continues to blow away market expectations, and has been unfairly beaten up by financial markets. For investors…

Read more »

Dividend Stocks

2 Huge Tailwinds Could Take Enbridge Inc. Much Higher in the Next Year or 2

| Chris MacDonald

The stock price of Enbridge Inc. (TSX:ENB)(NYSE:ENB) has declined more than 30% from its peak, Here are two headwinds which are…

Read more »

Dividend Stocks

3 Top Dividend Stocks That Are Safe Bets to Outperform the TSX

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and these two other stocks can be provide your portfolio with dividends and great potential for future growth.

Read more »

Dividend Stocks

Dividend Investors: 2 Leading Canadian Stocks to Buy Today

| Haris Anwar

Investing in quality dividend stocks, such as Royal Bank of Canada (TSX:RY)(NYSE:RY), is a safe way for new investors to…

Read more »

Dividend Stocks

Will This Stunted Winner Ever Beat the Market Again?

| Kay Ng

Alimentation Couche-Tard Inc. (TSX:ATD.B) has been trading sideways. Will it deliver double-digit rates of returns again?

Read more »

Dividend Stocks

Corus Entertainment Inc.: A Once-in-a-Lifetime Opportunity

| Karen Thomas, MSc, CFA

Corus Entertainment Inc. (TSX:CJR.B) can maintain its dividend, at least for now.

Read more »

Dividend Stocks

3 Dividend Champions to Hedge Against the Looming Trade War

| Matt Smith

Hedge against uncertainty by investing in Fortis Inc. (TSX:FTS)(NYSE:FTS), Enbridge Inc. (TSX:ENB)(NYSE:ENB), and another company.

Read more »

The Motley Fool
Dividend Stocks

Toronto-Dominion Bank vs. Telus Corporation: Which Dividend Stock Is Best for Your TFSA?

| Haris Anwar

Here is why Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is among the best dividend-growth stocks for your TFSA.

Read more »

The Motley Fool
Dividend Stocks

5 Stocks That Outperformed Last Month

| Jason Phillips

The TSX Composite was virtually unchanged in March, but that didn't mean there weren't pockets of the market outperforming. Find…

Read more »

Dividend Stocks

Focus On the Business, Not the Stock

| Kay Ng

Why has Brookfield Infrastructure Partners L.P.’s (TSX:BIP.UN)(NYSE:BIP) stock price gone sideways?

Read more »

The Motley Fool
Dividend Stocks

Bank of Nova Scotia: The Best Positioned Canadian Bank for Growth

| Matt Smith

Diversify internationally by investing in Bank of Nova Scotia (TSX:BNS)(NYSE:BNS).

Read more »

win
Dividend Stocks

Beat the Market With These Top Growth Stocks

| Mat Litalien, MBA

Intact Financial Corporation (TSX:IFC) and WestJet Airlines Ltd. (TSX:WJA) have exciting growth prospects. Expect them both to beat the market.

Read more »

Dividend Stocks

3 Dividend Stocks Yielding +2.5% to Own for the Next 3 Years

| Will Ashworth

Dividend stocks come in all shapes and sizes. Take Cineplex Inc. (TSX:CGX). It’s unloved and underappreciated, but worthy of your…

Read more »

oil, petroleum, refinery
Dividend Stocks

Why This Canadian Shale Oil Play Is an Easy Double-Up in 12-24 Months!

| Chris MacDonald

Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) currently trades around half of its book value, with a stable of shale assets supporting long-term…

Read more »

Dividend Stocks

3 Dividend Stocks I’d Buy Right Now

| David Jagielski

Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN) and these two other stocks will provide your portfolio with stability and dividends.

Read more »