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

One Top Canadian Growth Stock to Buy in May

| Haris Anwar

Dollarama Inc. (TSX:DOL) growth continues unabated. Is the time right to include this top growth stock in your portfolio?

Read more »

Dividend Stocks

RRSP Investors: Should Fortis Inc. or BCE Inc. Be a Top Pick Right Now?

| Andrew Walker

Fortis Inc. (TSX:FTS)(NYSE:FTS) and BCE Inc. (TSX:BCE)(NYSE:BCE) have sold off in recent months. Is finally time to own one of…

Read more »

Dividend Stocks

Toronto-Dominion Bank or Royal Bank of Canada: Which Top Dividend Stock Is a TFSA Buy?

| Andrew Walker

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and Royal Bank of Canada (TSX:RY)(NYSE:RY) are two of Canada's top companies. Is one more attractive today…

Read more »

Dividend Stocks

3 Top Dividend Stocks You Can Buy and Hold in Your TFSA Until 2030

| Jason Phillips

These three companies are vital to Canada's economy and pay attractive dividends that will help you take advantage of compound…

Read more »

Dividend Stocks

Here’s a Stock That Takes the Pain out of Investing in Alberta’s Oil Patch

| Joey Frenette

Why investors should favour high-quality integrated names like Canadian Natural Resource Ltd. (TSX:CNQ)(NYSE:CNQ) to play a rebound in oil.

Read more »

Dividend Stocks

AltaGas Ltd. vs. Cenovus Energy Inc.: Which Energy Stock Is a Better Buy?

| Stephanie Bedard-Chateauneuf, MBA

AltaGas Ltd. (TSX:ALA) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) both reported first-quarter results that failed to impress.

Read more »

The Motley Fool
Dividend Stocks

Here Is My Top Stock to Buy for Beginners

| Mat Litalien, MBA

Canadian National Railway (TSX:CNR)(NYSE:CNI) and its wide moat is the perfect stock for beginners.

Read more »

Dividend Stocks

2 Top Dividend Stocks for Your TFSA to Buy and Never Sell

| Haris Anwar

Here is why Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is one of the top dividend stocks to buy and hold for…

Read more »

The Motley Fool
Dividend Stocks

Which Pipeline Stock Is the Better Investment?

| Kay Ng

Should you choose Enbridge Inc. (TSX:ENB)(NYSE:ENB) or its smaller peer today?

Read more »

Dividend Stocks

For Sale! This Stock Is Down 45% From All-Time Highs! Time to Buy or Bail?

| Karen Thomas, MSc, CFA

Cineplex Inc. (TSX:CGX) is trading at a bargain price, with strong cash flow generation and a 6% dividend yield.

Read more »

The Motley Fool
Dividend Stocks

Is Bank Of Nova Scotia a Top Stock Pick for Your RRSP?

| Andrew Walker

Bank of Nova Scotia (TSX:BNS) (NYSE:BNS) trades at a discount to its larger peers. Is the stock undervalued?

Read more »

Dividend Stocks

Heads Up, Retirees: 3 Top Monthly Income Stocks to Earn 6% in Your TFSA

| Andrew Walker

An equal investment in Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) plus another two income picks would provide an attractive 6% yield today.

Read more »

Dividend Stocks

Where Investors Can Still Find an Undervalued Security As We Head Into a Recession

| Ryan Goldsman

With new blockbuster hits coming to theaters near you, investors are best to load up on shares of Cineplex Inc…

Read more »

Dividend Stocks

Why Increasing Mortgage Rates Will Send These Stocks Higher!

| Ryan Goldsman

Amid higher mortgage rates, investors may need to begin seeking value in names such as Equitable Group Inc. (TSX:EQB).

Read more »

The Motley Fool
Dividend Stocks

Why This Dividend-Growth Underdog Is the Best of its Breed

| Joey Frenette

Industrial Alliance Insur. & Fin. Ser. (TSX:IAG) is a cheap insurance stock with a margin of safety and ample upside…

Read more »

The Motley Fool
Dividend Stocks

Time to Buy Canadian National Railway Company Stock Before the Gravy Train Leaves the Station

| Joey Frenette

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) is facing a temporary setback. Here's why investors should jump into the stock before it…

Read more »

Dividend Stocks

2 Financial Stocks to Fight Back Against Rising Interest Rates

| Joey Frenette

Fairfax Financial Holdings Ltd. (TSX:FFH) and National Bank of Canada (TSX:NA) are two attractively valued financial stocks that can help…

Read more »

The Motley Fool
Dividend Stocks

Why Toronto-Dominion Bank Stock Is Likely to Soar in Price

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) raised its rates last week, and that's a very bullish sign to investors.

Read more »

Dividend Stocks

Here’s Why Manulife Financial Corp. Stock Is a Strong Buy As Interest Rates Rise

| Karen Thomas, MSc, CFA

Manulife Financial Corp. (TSX:MFC) (NYSE:MFC) reports strong earnings growth as growth in Asia continues to impress.

Read more »

The Motley Fool
Dividend Stocks

1 Top Stock to Boost Growth and Diversification

| Matt Smith

Reduce investment risk and boost diversification by investing in Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM).

Read more »

Dividend Stocks

3 Reasons to Own This Breakout Dividend Stock

| Will Ashworth

Analysts are very happy with TFI International Inc. (TSX:TFII). You should be too.

Read more »

The Motley Fool
Dividend Stocks

Income Investors: Should You Buy This Canadian Dividend Stock for the 7% Yield?

| Andrew Walker

Inter Pipeline Ltd. (TSX:IPL) offers a 7% yield today. Is the dividend safe?

Read more »

Dividend Stocks

Toronto-Dominion Bank or Bank of Nova Scotia: Which Stock Should Be in Your TFSA?

| Andrew Walker

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) are two of Canada's top companies. Is one more attractive right…

Read more »

Dividend Stocks

Is Suncor Energy Inc. Stock Still a Good Value After Breaking Multi-Year Highs?

| Joey Frenette

Suncor Energy Inc. (TSX:SU)(NYSE:SU) has been surging of late. Is there more room to run along with rallying oil?

Read more »

Dividend Stocks

Enbridge Inc.: Is it Time to Catch This Falling Knife?

| Joey Frenette

Falling knives like Enbridge Inc. (TSX:ENB)(NYSE:ENB) could really hurt the weak-handed investor. Here's how to minimize your chances of locking…

Read more »

Dividend Stocks

Dividend Raise Does Little to Ease Growing Concerns

| Mat Litalien, MBA

Poor box office results overshadows Cineplex Inc.'s (TSX:CGX) dividend raise.

Read more »

The Motley Fool
Dividend Stocks

Is it Time to Add Sun Life Financial Inc. Stock to Your TFSA Portfolio?

| Andrew Walker

Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) battled through the financial crisis and is now focused on growth.

Read more »

The Motley Fool
Dividend Stocks

Why it’s Not Easy to Invest in Energy Stocks

| Kay Ng

Which types of energy stock should you invest in, if any? Should you consider Vermilion Energy Inc. (TSX:VET)(NYSE:VET) or something…

Read more »

Dividend Stocks

3 Top Dividend Stocks to Build Your Portfolio Around

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and these two other stocks are great investments for any portfolio.

Read more »

railroad
Dividend Stocks

1 Top Infrastructure Stock That Will Benefit From Higher Commodities

| Matt Smith

Firmer metals and higher oil prices will drive increased earnings for Canadian National Railway (TSX:CNR)(NYSE:CNI).

Read more »

Dividend Stocks

How to Get Nice Dividends From Energy Stocks

| Kay Ng

Get a ~6.5% yield by investing in Brookfield Renewable Partners LP. (TSX:BEP.UN)(NYSE:BEP) now.

Read more »

Dividend Stocks

3 Great Reasons to Buy Enbridge Inc. Today

| David Jagielski

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is down 30% in the past year, and that makes it a great buy for several reasons.

Read more »

apartment
Dividend Stocks

Income Investors: Is This Momentum REIT a Safe Way to Inject Growth Into Your TFSA Retirement Fund?

| Joey Frenette

InterRent Real Estate Investment Trust (TSX:IIP.UN) is an intriguing distribution-growth REIT with a promising strategy. But is it as risky…

Read more »

dividends
Dividend Stocks

Dividend Investors: Is BCE Inc. or Bank of Montreal a Better TFSA Pick Today?

| Andrew Walker

BCE Inc. (TSX:BCE)(NYSE:BCE) and Bank of Montreal (TSX:BMO)(NYSE:BMO) are two of Canada's top companies. Is one attractive for your TFSA…

Read more »

Dividend Stocks

Pay Yourself First With This 5% Yield

| Will Ashworth

Emera Inc. (TSX:EMA) yields a healthy 5.4%. Here’s why I’d consider buying this boring utility stock.

Read more »

Dividend Stocks

This Canadian Stock Looks Like a Future Dividend Aristocrat

| Joey Frenette

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is an unloved and unappreciated stock, but here's why it could become Canada's next big…

Read more »

The Motley Fool
Dividend Stocks

This Dividend-Growth Stock Is Perfect for Your TFSA Forever Fund

| Joey Frenette

Canadian Tire Corporation Limited (TSX:CTC.A) is a rock-solid dividend-growth stock that should be at the core of your TFSA.

Read more »

gas
Dividend Stocks

AltaGas Ltd. Stock Is 54% Off All-Time Highs! Buy Now or Bail?

| Karen Thomas, MSc, CFA

A 9% dividend yield and a game-changing acquisition nearing final approval mean it's time to buy AltaGas Ltd. (TSX:ALA) stock.

Read more »

oil, petroleum, refinery
Dividend Stocks

1 of the Best Energy Stocks for the Most Upside

| Kay Ng

Here’s why this little stock has much stronger upside potential than Suncor Energy Inc. (TSX:SU)(NYSE:SU).

Read more »

The Motley Fool
Dividend Stocks

Breaking Down Canadian National Railway’s Latest Earnings Report

| Jason Phillips

Canadian National Railway (TSX:CNR)(NYSE:CNI) has been underperfoming peers for most of the past 12 months. Find out why.

Read more »