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.

Recent Dividend Stocks News

Dividend Stocks

Protect Your Portfolio From Market Volatility

| James Watkins-Strand

Low-beta stocks like CCL Industries Inc. (TSX:CCL.B) can make your portfolio less sensitive to market volatility.

Read more »

Dividend Stocks

3 Stocks That Will Help You Beat the Summer Heat

| Jason Phillips

These 3 stocks including Molson Coors Canada Inc. Class B (TSE:TPX.B)(NYSE:TAP) are set to outperform this summer season.

Read more »

Dividend Stocks

1 Oil Stock With a Great Dividend That May Take Off

| Kris Knutson

With the oil sector beginning to turn around, Akita Drilling Ltd. (TSX:AKT.A)(TSX:AKT.B), with its excellent dividend, solid balance sheet, and…

Read more »

Dividend Stocks

Get Ready for Oil’s Next Leg up: Supply Constraints and Geopolitical Risks Abound

| Matt Smith

Supply constraints will trigger oil's next leg up, which will be a boon for attractively valued Vermilion Energy Corp. (TSX:VET)(NYSE:VET).

Read more »

Dividend Stocks

4 Dividend Stocks to Hold in the Second Half of 2018

| Ambrose O'Callaghan

The latter half of 2018 may bring fireworks which should inspire investors to look to income-yielding stocks like Brookfield Renewable…

Read more »

The Motley Fool
Dividend Stocks

Why TD Bank (TSX:TD) Stock Is an International Gem

| Chris MacDonald

Here are two reasons why Toronto-Dominion Bank's (TSX:TD)(NYSE:TD) international strategy is going to continue to pay off over the long-term for…

Read more »

Dividend Stocks

2 Top Stocks to Play an Oil Recovery

| Andrew Walker

Canadian National Railway Company (TSX:CNR) (NYSE:CNI) and another top Canadian stock deserve to be on your radar. Here's why.

Read more »

Dividend Stocks

2 Top Dividend Stocks to Stash in Your Retirement Portfolio

| Haris Anwar

BCE Inc. (TSX:BCE)(NYSE:BCE) is one of two top dividend stocks to hold in a portfolio being built to earn steady…

Read more »

Dividend Stocks

Retirement Savers: Should Royal Bank of Canada Be in Your TFSA?

| Andrew Walker

Royal Bank of Canada (TSX:RY) (NYSE:RY) has pulled back from the 2018 highs. Is it time to buy?

Read more »

Dividend Stocks

Add These 2 Telecoms to Your TFSA and Take Advantage of Tax-Free Income

| Kris Knutson

BCE Inc. (TSX:BCE)(NYSE:BCE) and Telus Corporation (TSX:T)(NYSE:TU) have solid business models that produce strong free cash flow. Add these companies to…

Read more »

Dividend Stocks

Why a Dividend Cut Could Be Good for Corus Entertainment Inc. (TSX:CJR.B)

| David Jagielski

Corus Entertainment Inc. (TSX:CJR.B) is a great value buy that might be too good to pass up.

Read more »

Dividend Stocks

A Safe Canadian Dividend Stock to Buy in July

| Haris Anwar

Here is why Inter Pipeline Ltd. (TSX:IPL) is a relatively safe high-yielding dividend stock to buy.

Read more »

Compass pointing towards 'best price'
Dividend Stocks

Suncor Energy Inc. (TSX:SU): Will the Shutdown Provide a Buying Opportunity?

| Mat Litalien, MBA

Suncor Energy Inc. (TSX:SU)(NYSE:SU) was forced to shutdown 10% of its oilsands production in late June. The company is a…

Read more »

Dividend Stocks

2 Top Dividend Growth Stocks to Buy Now

| Haris Anwar

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is one of the two top dividend stocks that income investors should consider to buy now.

Read more »

Dividend Stocks

A Recent Asset Sale Makes This Energy Behemoth Even Better

| Demetris Afxentiou

Enbridge Inc. (TSX:ENB)(NYSE:ENB) announced the sale of its Canadian natural gas gathering and processing business this week, and the company…

Read more »

Dividend Stocks

2 Canadian Stocks to Take Advantage of an Upcoming Bank of Canada Interest Rate Hike

| Chris MacDonald

Why Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and Shopify Inc. (TSX:SHOP)(NYSE:SHOP) are two of my top picks to battle rising interest rates…

Read more »

The Motley Fool
Dividend Stocks

The 3 Best Dividend Stocks on the TSX Today

| Andrew Button

Strong price gains and a high dividend yield could make Fortis Inc. (TSX:FTS)(NYSE:FTS) attractive to investors.

Read more »

Dividend Stocks

Ranking Canada’s Big 5 Banks by Year-Ahead Upside Potential

| Joey Frenette

From Toronto-Dominion Bank (TSX:TD)(NYSE:TD) to Royal Bank of Canada (TSX:RY)(NYSE:RY), here's the best bank for your buck!

Read more »

Dividend Stocks

Enbridge Inc. (TSX:ENB) Stock: How Much More Upside?

| Haris Anwar

Enbridge Inc. (TSX:ENB)(NYSE:ENB) stock is rebounding as the management moves to bring its debt level down. But is it enough…

Read more »

The Motley Fool
Dividend Stocks

Is Canadian National Railway (TSX:CNR) Stock Running Out of Steam?

| Jason Phillips

Canadian National Railway (TSX:CNR)(NYSE:CNI) stock has been on a bit of a roll as of late, but is it time…

Read more »

Dividend Stocks

Gen X Investors: 2 Canadian Dividend Stocks to Own in Your Retirement Portfolio

| Andrew Walker

Here's why Canadian Imperial Bank of Commerce (TSX:CM) (NYSE:CM) and another Canadian dividend pick deserve to be on your radar.

Read more »

The Motley Fool
Dividend Stocks

3 Contrarian Stock Picks for a Yield-Focused Income Fund

| Andrew Walker

Here's why Inter Pipeline Ltd. (TSX:IPL) and another two high-yield dividend stocks might be interesting picks today.

Read more »

The Motley Fool
Dividend Stocks

2 Defensive Dividend Greats Yielding +7% to Boost Your Portfolio’s Income Health

| Brian Paradza, CFA

Worried about a trade war-triggered recession? Consider shoring up portfolio defences with Medical Facilities Corp. (TSX:DR) and NorthWest Health Prop…

Read more »

The Motley Fool
Dividend Stocks

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

| Matt Smith

There are solid growth prospects ahead for Bank of Nova Scotia (TSX:BNS)(NYSE:BNS).

Read more »

Dividend Stocks

Think Trade Rhetoric Is Just Talk? Go Global With Stantec Inc. (TSX:STN)

| Kris Knutson

For investors who believe trade talk is simply short-term rhetoric and globalization isn't dead forever, Stantec Inc. (TSX:STN)(NYSE:STN) will provide…

Read more »

Dividend Stocks

Attention Income Investors and Retirees: These 5 Stocks Pay Yields Above 5%

| Jason Phillips

These five companies including Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) all pay yields in excess of 5%.

Read more »

dividends
Dividend Stocks

Income Investors: Should You Pick Up Chemtrade Logistics’ (TSX:CHE.UN) 8% Dividend Yield Today?

| Brian Paradza, CFA

Chemtrade Logistics Income Fund (TSX:CHE.UN) units over a lucrative dividend yield today. Time to time?

Read more »

The Motley Fool
Dividend Stocks

How Much Upside Does Jamieson Wellness Inc. (TSX:JWEL) Stock Have?

| Kay Ng

Should you buy Jamieson Wellness Inc. (TSX:JWEL) for growth?

Read more »

Dividend Stocks

Enbridge Inc. (TSX:ENB): Is it Time to Buy This Canadian Dividend Stock?

| Andrew Walker

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is up more than 15% in the past month. Are more gains on the way?

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: 3 Dividend Stocks to Buy and Forget

| David Jagielski

BCE Inc. (TSX:BCE)(NYSE:BCE) and these two other dividend stocks could be great options for your TFSA.

Read more »

Dividend Stocks

5 Top Dividend-Growth Stocks to Buy in July

| Stephanie Bedard-Chateauneuf, MBA

I present five stocks that are raising their dividends at a fast rate, including Lassonde Industries Inc. (TSX:LAS.A) and Dollarama…

Read more »

Dividend Stocks

These 2 Stocks Have Had PR Nightmares: 1 Is Set to Take Off

| Chris MacDonald

Let's dive a bit deeper into the PR nightmares of Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) and Loblaw Companies Ltd. (TSX:L).

Read more »

Dividend Stocks

Why Toronto-Dominion Bank (TSX:TD) Will Dethrone Royal Bank of Canada (TSX:RY)

| Joey Frenette

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) will become Canada's largest bank by market cap at some point over the next few years. Here's…

Read more »

The Motley Fool
Dividend Stocks

It’s Time to Get Greedy With Shaw Communications Inc. (TSX:SJR.B)

| Demetris Afxentiou

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) may have reported a loss in the most recent quarter, but the long-term prospects for the…

Read more »

Dividend Stocks

Enbridge Inc. (TSX:ENB) Stock Is Turning Around

| Kay Ng

Should you buy Enbridge Inc. (TSX:ENB)(NYSE:ENB) stock now for its dividend and growth potential?

Read more »

Dividend Stocks

TFSA Investors: This High-Yield Dividend Stock Is Trading at a +50% Discount

| Victoria Hetherington

Northland Power Inc. (TSX:NPI) offers investors a defensive stock that combines good value with reasonable growth. But why else is…

Read more »

Dividend Stocks

3 Top Canadian Stocks for New TFSA Investors

| Andrew Walker

Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) and another two top Canadian stocks should be on your buy-and-hold TFSA radar.

Read more »

The Motley Fool
Dividend Stocks

How AltaGas Ltd. (TSX:ALA) Stock Can Outperform the Market

| Kay Ng

The worst seems to be over for AltaGas Ltd. (TSX:ALA) stock, and investors can get a big yield of 8%…

Read more »

Dividend Stocks

These 5 Consumer Staples Stocks Offer Solid Potential for Dividend Investors

| Jason Phillips

After a slow start to 2018, the consumer staples sector has shown strength in recent weeks. Find out why you…

Read more »

Dividend Stocks

This Gold-Streaming Stock Just Gained Access to the Electric Car Boom

| Victoria Hetherington

Wheaton Precious Metals Corp. (TSX:WPM)(NYSE:WPM) is a well-known gold-streaming stock. Now it's offering access to the electric car market, too.

Read more »