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.

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

A Dividend Stock With Over 7% Yield, but Is It Safe?

| Haris Anwar

Here is why Inter Pipeline Ltd. (TSX:IPL) is a good dividend stock to hold when the company is undertaking a…

Read more »

retired life
Dividend Stocks

Retirees: 2 High-Yield Dividend Stocks With Growing Payouts

| Andrew Walker

TransCanada Corporation (TSX:TRP)(NYSE:TRP) and AltaGas Ltd. (TSX:ALA) offer above-average dividend yields and attractive potential distribution growth.

Read more »

Dividend Stocks

3 Cheap Dividend Stocks to Add to Your RRSP

| Ambrose O'Callaghan

Canadians aren’t saving enough for retirement, and those just starting should look to stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS) and others.

Read more »

Dividend Stocks

Is BCE Inc. Finally a Top Pick for Value-Conscious Income Investors?

| Joey Frenette

BCE Inc. (TSX:BCE)(NYSE:BCE) has a massive dividend yield after the dip. Is it time to load up?

Read more »

Dividend Stocks

Which Is the Better Dividend Stock: Toronto-Dominion Bank or Enbridge Inc.?

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) could be a great buy for risk-averse investors looking for stability and dividend growth.

Read more »

Dividend Stocks

Hydro One Ltd.: Will This Dividend Stock Survive Political Onslaught?

| Haris Anwar

Hydro One Ltd. (TSX:H) stock is under extreme political scrutiny in Ontario, raising questions about its future. Is the time…

Read more »

Dividend Stocks

What’s Happening at ZCL Composites Inc.?

| Kay Ng

Is ZCL Composites Inc. (TSX:ZCL) a buy now or a falling knife that you should avoid?

Read more »

The Motley Fool
Dividend Stocks

2 TFSA-Worthy Dividend Stocks I’d Buy Before May Ends

| Joey Frenette

Fortis Inc. (TSX:FTS)(NYSE:FTS) and one other dividend stock that TFSA investors may want to buy on weakness.

Read more »

Dividend Stocks

The Lucky 7

| Ryan Goldsman

Investor seeking a diversified portfolio need no more than 7 stocks and can begin with Canadian National Railway (TSX:CNR)(NYSE:CNI).

Read more »

Dividend Stocks

The Stock Is Nearing a 52-Week Low and Offers a 6% Dividend!

| Ryan Goldsman

Near a 52-week low, investors seeking an oligopoly structure need to consider shares of Enbridge Inc (TSX:ENB)(NYSE:ENB).

Read more »

packaging tape
Dividend Stocks

A Good Business Trading at a Good Valuation

| Kay Ng

Intertape Polymer Group (TSX:ITP) offers a 3.8% yield to help boost returns.

Read more »

The Motley Fool
Dividend Stocks

Contrarian Investors: Is Baytex Energy Corp. or BCE Inc. a Better Bet Today?

| Andrew Walker

Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) and BCE Inc. (TSX:BCE)(NYSE:BCE) offer contrarian investors different options right now. Is one right for your…

Read more »

Dividend Stocks

2 Solid Dividend-Growth Stocks to Buy When They’re Cheap

| Haris Anwar

Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) is one of two dividend-growth stocks you should consider buying when they're selling cheap.

Read more »

Dividend Stocks

3 Sneaky Dividend Stocks to Pick Up Today

| Ambrose O'Callaghan

Investors may want to scoop up dividend stocks like Hydro One Ltd. (TSX:H) on the cheap today.

Read more »

Dividend Stocks

Royal Bank of Canada or Suncor Energy Inc. for Your RRSP Today?

| Andrew Walker

Royal Bank of Canada (TSX:RY)(NYSE:RY) and Suncor Energy Inc. (TSX:SU)(NYSE:SU) have made long-term investors quite rich.

Read more »

Dividend Stocks

A Canadian Dividend Stock You Can Safely Own in Your TFSA

| Haris Anwar

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is a top Canadian dividend stock that offers both safety and growth to your income…

Read more »

Dividend Stocks

3 Energy Stocks That Pay Up to 9.3% in Dividends

| David Jagielski

Fortis Inc (TSX:FTS)(NYSE:FTS) and these two other dividend stocks will be great sources of cash flow for your portfolio for years…

Read more »

dividends
Dividend Stocks

Should Income Investors Bite on This Juicy +10% Dividend Yield?

| Joey Frenette

Alaris Royalty Corp. (TSX:AD) has a safe and sustainable dividend that yields +10%. Here's what investors should do right now.

Read more »

The Motley Fool
Dividend Stocks

Debunking the Myths About Utility Investments

| Demetris Afxentiou

Utilities such as Fortis Inc. (TSX:FTS)(NYSE:FTS) are often regarded as boring, limited-growth investments that should be avoided as interest rates…

Read more »

The Motley Fool
Dividend Stocks

Will the Struggles at Tim Hortons Continue to Weigh on Restaurant Brands International Inc. Stock?

| Ambrose O'Callaghan

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is pouring resources into Tim Hortons to dig it out of a hole.

Read more »

The Motley Fool
Dividend Stocks

3 Canadian Aerospace Stocks You Might Have Overlooked

| Victoria Hetherington

Investors looking to add transport to their portfolios shouldn’t let these three stocks, including Bombardier, Inc. (TSX:BBD.B), go over their…

Read more »

Dividend Stocks

New TFSA Income Investors: 2 Off-the-Radar Dividend Stocks Yielding up to 8.5%

| Andrew Walker

Here's why Russel Metals Ltd. (TSX:RUS) and AltaGas Ltd. (TSX:ALA) might be oversold today.

Read more »

Dividend Stocks

Is It Time to Buy Intact Financial Corporation?

| Kay Ng

Intact Financial Corporation (TSX:IFC) stock dipped 11% and recently hiked its dividend by +9%. Should you buy it now or…

Read more »

Dividend Stocks

Here Is Why You Should Bet on These 2 Dividend Stocks in May

| Ambrose O'Callaghan

Magna International Inc. (TSX:MG)(NYSE:MGA) and Royal Bank of Canada (TSX:RY)(NYSE:RY) are both lobbying Canadian policymakers for pro-business reforms.

Read more »

Dividend Stocks

Opportunity Knocks! These 2 Canadian Dividend Aristocrats Are Trading at a Discount

| Mat Litalien, MBA

Open Text Corp. (TSX:OTEX)(NASDAQ:OTEX) and Canadian Tire Corporation Limited (TSX:CTC.A) were unfairly punished post-earnings. It's time to buy.

Read more »

Dividend Stocks

Why it’s Time to Back Up the Truck on Toronto-Dominion Bank Stock

| Joey Frenette

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is a premium business at a non-premium price. Here's why it's time to buy before shares soar.

Read more »

Dividend Stocks

Is Canadian National Railway Company or Bank of Montreal Best for Dividends?

| Andrew Walker

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and Bank of Montreal (TSX:BMO)(NYSE:BMO) have strong track records of dividend growth. Is one more…

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: 2 Overlooked Stocks to Start Your Retirement Portfolio

| Andrew Walker

Telus Corporation (TSX:T)(NYSE:TU) and Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) have generated impressive returns for long-term investors.

Read more »

calm, no emotion
Dividend Stocks

How to Think About a Fortis Inc. Investment

| Kay Ng

At what price is Fortis Inc. (TSX:FTS)(NYSE:FTS) stock a bargain?

Read more »

The Motley Fool
Dividend Stocks

Ontario’s Election Could Make This Lucrative Investment Even Better

| Demetris Afxentiou

As the Ontario provincial election date nears, the future state of Hydro One Ltd. (TSX:H) is becoming a hotly contested…

Read more »

The Motley Fool
Dividend Stocks

RRSP Investors: 2 Top Canadian Stocks to Play Global Growth

| Andrew Walker

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) are solid Canadian companies with great exposure to emerging…

Read more »

The Motley Fool
Dividend Stocks

The Train Is About to Leave the Station on This Canadian Gem!

| Ryan Goldsman

After a recent pullback, shares of Canadian Tire Corporation Limited Class A (TSX:CTC.A) may now be the best on the…

Read more »

Dividend Stocks

This Industrial Is Undervalued and Has 50% Upside!

| Mat Litalien, MBA

Cervus Equipment Corp. (TSX:CERV) is significantly undervalued by a number of metrics. The company has 40% upside from today's price.

Read more »

Dividend Stocks

Is This 1-Time Energy Patch Darling the Best Way to Play Higher Oil?

| Matt Smith

Crescent Pôint Energy Corp. (TSX:CPG)(NSYE:CPG) rally is lagging behind oil offering an attractive opportunity for investors.

Read more »

electricity transmission
Dividend Stocks

Should You Buy These Beaten-Down Utilities?

| Kay Ng

What returns can you expect by investing in Canadian Utilities Limited (TSX:CU) or its parent today?

Read more »

offshore wind generation
Dividend Stocks

Forget About Oil: 1 Renewable Energy Stock for Long-Term Income and Growth

| Matt Smith

After misfiring for years, Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP) is ready to soar and unlock considerable value for investors.

Read more »

Dividend Stocks

3 Monthly Dividend Stocks That Pay up to 8.7%

| David Jagielski

AltaGas Ltd. (TSX:ALA) and these two other dividend stocks can be great sources of cash flow for your portfolio.

Read more »

stock market volatility
Dividend Stocks

Top Small-Cap Stocks to Snap Up Before They Gap Up

| Victoria Hetherington

Playing the gaps can lead to tidy profits -- or even unexpected long-term stock romances! Here’s why watching Encana Corp.…

Read more »

Dividend Stocks

Top Up Your Monthly Income With This Smart High Yielder

| Joey Frenette

SmartCentres Real Estate Investment Trst (TSX:SRU.UN) is a safe and underrated REIT that can beef up your monthly income. Here's…

Read more »

Dividend Stocks

Here’s Why Everyone Should Hold Canadian Oil Stocks

| Victoria Hetherington

When we say everybody, we mean everybody. Canada sits on vast reserves of oil, and stocks are currently undervalued. Buy…

Read more »