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

gas
Dividend Stocks

Altagas Ltd.: This 9.35% Yielder Is a Must-Own Stock for Your TFSA

| Karen Thomas, MSc, CFA

With a dividend yield of 9.35%, Altagas Ltd. (TSX:ALA) is now trading below book value and presenting investors with a…

Read more »

stocks on sale
Dividend Stocks

A Top Dividend Stock That’s on Sale Today

| Haris Anwar

Here is why Fortis Inc. (TSX:FTS)(NYSE:FTS) is a top dividend stock which offers a good bargain to long-term investors.

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: 2 Unloved Dividend Kings to Buy Today

| Andrew Walker

Here's why TransCanada Corporation (TSX:TRP)(NYSE:TRP) and Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) might be interesting picks today.

Read more »

The Motley Fool
Dividend Stocks

Better Buy: Magna International Inc. vs. Linamar Corporation

| Karen Thomas, MSc, CFA

The auto industry may be peaking, but Magna International Inc. (TSX:MG)(NYSE:MGA) and Linamar Corporation (TSX:LNR) are intent on creating shareholder…

Read more »

Dividend Stocks

A Top Canadian Dividend Stock to Buy Right Now

| Haris Anwar

Here is why Canadian National Railway (TSX:CNR)(NYSE:CNI) is a top dividend stock you shouldn't ignore despite its recent pullback.

Read more »

calm, no emotion
Dividend Stocks

Do You Have to Invest Now?

| Kay Ng

Here's why you might want to invest in Enbridge Inc. (TSX:ENB)(NYSE:ENB) now but wait for some other stocks.

Read more »

The Motley Fool
Dividend Stocks

2 Stocks With Yields Over 3% and a Forward P/E Under 15

| Joseph Solitro

Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) and Inter Pipeline Ltd. (TSX:IPL) are undervalued and have high yields, making them strong buys, in…

Read more »

The Motley Fool
Dividend Stocks

As Bitcoin Plunges, Invest in This Top Defensive Growth Stock Instead

| Karen Thomas, MSc, CFA

With ample cash flows and strong growth rates, Waste Connections Inc. (TSX:WCN)(NYSE:WCN) beats Bitcoin any day of the week.

Read more »

The Motley Fool
Dividend Stocks

A High-Yielding Dividend Stock I’d Buy If I Had Spare Cash Today

| Haris Anwar

Should you bet on Inter Pipeline Ltd. (TSX:IPL), a high-yielding dividend stock which is being punished for all the wrong…

Read more »

Dividend Stocks

Young Investors: Top Stocks That Can Help You Save Serious TFSA Retirement Cash

| Andrew Walker

Here's how top dividend-growth stocks such as Canadian National Railway Company (TSX:CNR) (NYSE:CNI) can help you save for retirement.

Read more »

Dividend Stocks

Contrarian Investors: Everyone Hates Natural Gas Stocks. Time to Buy?

| Karen Thomas, MSc, CFA

Tourmaline Oil Corp. (TSX:TOU) and Peyto Exploration and Development Corp. (TSX:PEY) posted a 65% increase in cash flows and a…

Read more »

The Motley Fool
Dividend Stocks

Income Investors: Should You Buy Enbridge Inc. or BCE Inc. Right Now?

| Andrew Walker

Enbridge Inc. (TSX:ENB)(NYSE:ENB) and BCE Inc. (TSX:BCE)(NYSE:BCE) are starting to look oversold. Is one more attractive right now?

Read more »

Dividend Stocks

Why Canadian Western Bank Is Rallying Over 2%

| Joseph Solitro

Canadian Western Bank (TSX:CWB) is up over 2% following its Q1 2018 earnings release and dividend hike. Is now the…

Read more »

Dividend Stocks

Should Suncor Energy Inc. or Bank of Nova Scotia Be in Your TFSA Retirement Fund?

| Andrew Walker

Suncor Energy Inc. (TSX:SU) (NYSE:SU) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) are two of Canada's top companies. Is one a…

Read more »

caution
Dividend Stocks

Beginners: If You Chase a Falling Knife Like This Stock, You’ll Get Hurt

| Joey Frenette

Corus Entertainment Inc. (TSX:CJR.B) blew up in deep-value investors' faces. Here's how you can avoid getting hurt when chasing such…

Read more »

Dividend Stocks

7 Stocks That Raised Their Dividends in February

| Joseph Solitro

Intact Financial Corporation (TSX:IFC), Great-West Lifeco Inc. (TSX:GWO), and five other stocks raised their dividends last month. Which should you…

Read more »

Dividend Stocks

Is This Driller Canada’s Best Oil Stock?

| Matt Smith

Cash in on firmer oil by investing in Vermilion Energy Inc. (TSX:VET)(NYSE:VET).

Read more »

Dividend Stocks

3 Stocks to Buy in a Bear Market

| David Jagielski

Fortis Inc. (TSX:FTS)(NYSE:FTS) is a stock that can provide you with stability and dividends, even when the economy is struggling.

Read more »

dividend growth
Dividend Stocks

TFSA Investors: 2 Top Dividend Stocks to Buy in March

| Haris Anwar

Here is how TFSA investors can benefit from top dividend stocks, such as BCE Inc. (TSX:BCE)(NYSE:BCE), when they are in…

Read more »

The Motley Fool
Dividend Stocks

Corus Entertainment Inc.: Do You Dare Go Near This 14% Yield?

| Jason Phillips

Management at Corus Entertainment Inc. (TSX:CJR.B) spun the company’s first-quarter results in the most positive light, but its 14% yield…

Read more »

The Motley Fool
Dividend Stocks

3 Canadian Dividend Aristocrats Yielding Over 8%

| Mat Litalien, MBA

Altagas Ltd. (TSX:ALA), Enbridge Income Fund Holdings Inc. (TSX:ENF), and TransAlta Renewables Inc. (TSX:RNW) all offer high yields and well-covered…

Read more »

Dividend Stocks

2 Dividend Growth Stocks That Could Raise Your Retirement Income

| Haris Anwar

Investing in some quality dividend-growth stocks, such as Bank of Nova Scotia (TSX:BNS)(NYSE:BNS), is a sure way to get a…

Read more »

Dividend Stocks

3 Factors That Will Drive Pipeline Returns in 2018

| Jason Phillips

Recently announced steel tariffs will hurt pipelines, but that doesn't mean companies like Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) aren't still great…

Read more »

Dividend Stocks

Canadian Housing Market Signals a Weak Year for Mortgage Lenders

| Haris Anwar

Canada’s housing market, which is teetering on the brink of a downturn, doesn’t send an encouraging signal to some mortgage…

Read more »

Dividend Stocks

2 Dividend Stocks That TFSA Investors Should Buy Now

| Karen Thomas, MSc, CFA

Yielding up to 6.55%, Enbridge Inc. (TSX:ENB)(NYSE:ENB) is a comeback story, while Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) is a steady,…

Read more »

Dividend Stocks

Retirees: 3 Top Income Stocks With Attractive Yields for Your TFSA

| Andrew Walker

RioCan Real Estate Investment Trust (TSX:REI.UN) and two other Canadian income kings are starting to look oversold.

Read more »

Dividend Stocks

2 Big Dividend Stocks Poised for More Upside

| Kay Ng

Exchange Income Corporation (TSX:EIF) and another stock popped +4% on Tuesday and recently hiked their dividends.

Read more »

Dividend Stocks

A Rebound in Dividend Stocks May Come Sooner Than You Think

| Haris Anwar

Dividend stocks, such as Enbridge Inc. (TSX:ENB)(NYSE:ENB), may stage a rebound soon as investors pare down expectations for further rate…

Read more »

The Motley Fool
Dividend Stocks

These 2 Dividend Aristocrats Raised Their Payouts Last Week

| Joseph Solitro

Transcontinental Inc. (TSX:TCL.A) and Parkland Fuel Corp. (TSX:PKI) raised their dividends last week. Should you invest in one of them…

Read more »

Dividend Stocks

2 Dividend Stocks That Benefit From Higher Interest Rates

| Kay Ng

Will you buy Intact Financial Corporation (TSX:IFC) today?

Read more »

Dividend Stocks

TFSA Investors: 4 Dividend-Growth Giants to Add to Your Portfolio

| David Jagielski

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) is just one of four stocks on this list that has a great track record when…

Read more »

Dividend Stocks

Why Alaris Royalty Corp. Is Down Over 4%

| Joseph Solitro

Alaris Royalty Corp. (TSX:AD) is down over 4% following its Q4 2017 earnings release. What should you do now? Let’s…

Read more »

The Motley Fool
Dividend Stocks

Is Debt Becoming a Problem for Telus Corporation?

| Jacob Donnelly

Telus Corporation (TSX:T)(NYSE:TU) is carrying a lot of debt on the books, but so far, it seems to have it…

Read more »

Dividend Stocks

Why Shares of Baytex Energy Corp. Are Soaring Today

| Karen Thomas, MSc, CFA

Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) reported a 90% increase in cash flow, driving down debt and increasing investor confidence.

Read more »

Dividend Stocks

This 6.2% Yield Is One of the Safest on the TSX

| Chris MacDonald

With a yield of more than 6%, Enbridge Inc. (TSX:ENB)(NYSE:ENB) is one of the safest ways for income-focused investors to earn…

Read more »

The Motley Fool
Dividend Stocks

Franco Nevada Corp.: The Only Dividend-Growth Gold Company

| Mat Litalien, MBA

Franco Nevada Corp. (TSX:FNV)(NYSE:FNV) is the only TSX-listed gold company that currently has a dividend-growth streak.

Read more »

The Motley Fool
Dividend Stocks

A Solid Buy-and-Hold Dividend Stock for Your Monthly Income

| Haris Anwar

Here is why RioCan Real Estate Investment Trust (TSX:REI.UN) is an attractive dividend stock to earn monthly income.

Read more »

Dividend Stocks

2 Top Canadian Dividend Stocks to Boost TFSA Returns

| Andrew Walker

Here's why Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and another stock might be interesting picks.

Read more »

The Motley Fool
Dividend Stocks

10 S&P/TSX 60 Constituents That Raised Their Dividends in February

| Joseph Solitro

Manulife Financial Corp. (TSX:MFC)(NYSE:MFC), Suncor Energy Inc. (TSX:SU)(NYSE:SU), and eight other stocks raised their dividends in February. Which should you…

Read more »

win
Dividend Stocks

Here Is a Chance to Buy This 7.5% Yielder

| Kay Ng

Your ticket to income and stability is at NorthWest Health Prop Real Est Inv Trust (TSX:NWH.UN).

Read more »