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

3 Oversold Dividend-Growth Stocks for Your TFSA Income Portfolio

| Andrew Walker

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

Read more »

The Motley Fool
Dividend Stocks

2 Top Dividend Stocks to Boost Returns From Your TFSA

| Haris Anwar

Top dividend stocks such as Manulife Financial Corporation (TSX:MFC)(NYSE:MFC) are perfect for long-term TFSA investors due to their earnings stability…

Read more »

time is money compounding
Dividend Stocks

Now Is Definitely the Time to Buy Enbridge Inc. Stock on the Dip!

| Jason Phillips

Following a tough couple of months, it looks like now is finally the time to make your move on Enbridge…

Read more »

The Motley Fool
Dividend Stocks

New Investors: 3 Top Canadian Stocks to Buy Now and Own for 30 Years

| Andrew Walker

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and two other Canadian industry leaders deserve to be on the radar of new investors. Here's…

Read more »

The Motley Fool
Dividend Stocks

2 Top Canadian Dividend-Growth Stocks to Start Your Retirement Fund in a Volatile Market

| Andrew Walker

Here's why Canadian National Railway (TSX:CNR)(NYSE:CNI) and Fortis Inc. (TSX:FTS)(NYSE:FTS) deserve to be on your TFSA radar today.

Read more »

The Motley Fool
Dividend Stocks

Another Great Year for Bank of Nova Scotia

| Jason Phillips

2017 marked another strong showing for Bank of Nova Scotia (TSX:BNS)(NYSE:BNS). Find out about the three factors driving the company’s…

Read more »

invest your money
Dividend Stocks

Income Investors: This Retail REIT’s Juicy 8.8% Yield Could Be Uniquely Reliable

| Brian Paradza, CFA

Slate Retail REIT’s (TSX:SRT.UN) 8.8% forward distribution yield could be too rich to pass.

Read more »

Dividend Stocks

3 Under-the-Radar Dividend Stocks Yielding 4-7%

| Joseph Solitro

Want to boost your portfolio’s yield? If so, consider investing in Rogers Sugar Inc. (TSX:RSI), Domtar Corp. (TSX:UFS)(NYSE:UFS), or Fiera…

Read more »

Dividend Stocks

How Deep-Value Investing Works: Cenovus Energy Inc.

| Jason Phillips

Deep value is a special segment of the market offering investors the type of opportunity that is hard to replicate.…

Read more »

Dividend Stocks

This Company Served Investors with a Whopper of a Dividend Increase

| Joey Frenette

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is one of the most undervalued dividend stocks out there. Here's why investors should load…

Read more »

Dividend Stocks

2 Market-Beating Tech Stocks You Don’t Want to Miss

| Kay Ng

Canadian tech stocks, such as Open Text Corp. (TSX:OTEX)(NASDAQ:OTEX), should continue to beat the market. Here’s why.

Read more »

Dividend Stocks

Pump Up Your TFSA With Shares of This Iconic Canadian Dividend Grower

| Joey Frenette

Canadian Tire Corporation Ltd. (TSX:CTC.A) is a wonderful business that investors should consider loading up on today.

Read more »

Dividend Stocks

2 Dividend Growth Stocks That Market-Beating Investors Should Buy Now

| Joey Frenette

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and National Bank of Canada (TSX:NA) are two long-term market-beaters that investors should feel comfortable…

Read more »

Dividend Stocks

TFSA Investors: The 5 Top Value Stocks to Outperform the Market in April

| Jason Phillips

With RRSP season behind us, its time to resume contributions to your TFSA. Consider adding these blue-chip holdings to your…

Read more »

Dividend Stocks

Better Buy: the TSX vs. Dollarama Inc.

| Stephanie Bedard-Chateauneuf, MBA

Dollarama Inc. (TSX:DOL) stock has outperformed the TSX since its IPO in 2009. Is it a better buy than the…

Read more »

Dividend Stocks

Top 3 Monthly Dividend Stocks for Steady Income

| Mat Litalien, MBA

Altagas Ltd. (TSX:ALA), Enbridge Income Fund Inc. (TSX:ENF), and First National Financial Corp. (TSX:FN) offer high yields and reliable income.

Read more »

The Motley Fool
Dividend Stocks

3 High-Yield Utilities Stocks for Your Forever Portfolio

| Chris MacDonald

Why Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN), Fortis Inc. (TSX:FTS)(NYSE:FTS), and Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP) deserve to be on every yield-focused…

Read more »

Dividend Stocks

1 Simple Tip You Can Apply to Beat the Market

| Kay Ng

What’s the secret sauce in beating the market? Here’s why you might want to pick up National Bank of Canada…

Read more »

The Motley Fool
Dividend Stocks

RRSP Investors: Is Bank of Nova Scotia or Toronto-Dominion Bank a Top Pick Right Now?

| Andrew Walker

Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) are two of Canada's top stocks. Is one a better bet…

Read more »

Dividend Stocks

How Much Should You Pay for a Stock?

| Kay Ng

How much should you pay for Canadian National Railway (TSX:CNR)(NYSE:CNI) and Altagas Ltd. (TSX:ALA)?

Read more »

Dividend Stocks

Tech Stocks Are Still Core Investments to Beat the Market

| Kay Ng

Which of these great tech stocks, including CGI Group Inc. (TSX:GIB.A)(NYSE:GIB), should you buy now?

Read more »

The Motley Fool
Dividend Stocks

3 Stocks Yielding up to 9.6% to Buy and Hold

| Joseph Solitro

Are you searching for a high-yielding stock? If so, Crombie Real Estate Investment Trust (TSX:CRR.UN), Power Corporation of Canada (TSX:POW),…

Read more »

Dividend Stocks

A Dividend-Growth Stock That’s on Sale Today

| Haris Anwar

Here is why Algonquin Power and Utilities Corp. (TSX:AQN)(NYSE:AQN), a dividend-growth stock, is offering a good bargain to income investors.

Read more »

Dividend Stocks

Beware the Dangers of High Yields

| Kay Ng

This article discusses three financial services stocks, including Alaris Royalty Corp. (TSX:AD) and Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF).

Read more »

The Motley Fool
Dividend Stocks

Which Is the Better Buy? Canadian Imperial Bank of Commerce vs. Toronto-Dominion Bank

| Jason Phillips

Find out which of Toronto-Dominion Bank (TSX:TD)(NYSE:TD) or Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) gives you the best bang for…

Read more »

Dividend Stocks

Why There’s Room in Your RRSP Portfolio for Both Enbridge Inc. and Altagas Ltd.

| Karen Thomas, MSc, CFA

High yielding and safe: Altagas Ltd. (TSX:ALA) gets approval for its WGL acquisition, and Enbridge Inc. (TSX:ENB)(NYSE:ENB) continues to expect…

Read more »

Dividend Stocks

How Will the Recent Changes to Mortgage Regulations Affect Equitable Group Inc.?

| Jason Phillips

2018 should prove to be a critical year for alternative lenders like Equitable Group Inc. (TSX:EQB). Find out if you're…

Read more »

Dividend Stocks

Suncor Energy Inc.: Understanding the Inherent Advantages of Integrated Energy Producers

| Jason Phillips

With the price of WTI crude establishing support above US$60, find out if now is a good time to be…

Read more »

Dividend Stocks

3 Stocks Yielding 3-6% to Buy in April

| Joseph Solitro

Ready to buy a dividend stock? If so, Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI), Valener Inc. (TSX:VNR), and North West Company Inc.…

Read more »

The Motley Fool
Dividend Stocks

TFSA Dividend Investors: 2 Reliable Canadian Income Stocks to Get U.S. Exposure

| Andrew Walker

Bank of Montreal (TSX:BMO)(NYSE:BMO) and Fortis Inc. (TSX:FTS)(NYSE:FTS) both have large U.S. operations. Is one a better pick today?

Read more »

The Motley Fool
Dividend Stocks

Set it and Forget it: Royal Bank of Canada Makes a Perfect Addition to Your RRSP

| Jason Phillips

You can hardly go wrong with an investment in a company like Royal Bank of Canada (TSX:RY)(NYSE:RY). Find out why…

Read more »

Dividend Stocks

Why You Should Forget About Beating the Market

| Kay Ng

Investing in Toronto-Dominion Bank (TSX:TD)(NYSE:TD) can be more meaningful than beating the market.

Read more »

Dividend Stocks

Don’t Miss Out! Your 2nd Chance to Invest Alongside Warren Buffett

| Jason Phillips

2017 was a wild ride for Home Capital Group Inc. (TSX:HCG) and its shareholders. Now you have a second chance…

Read more »

Dividend Stocks

Is it Time to Put Enbridge Inc. in Your RRSP?

| Andrew Walker

Enbridge Inc. (TSX:ENB) (NYSE:ENB) is down considerably in the past year. Is the stock oversold?

Read more »

Dividend Stocks

3 Top TSX Stocks That Are Outperforming This Week

| Jason Phillips

Markets have rebounded sharply since noon on Wednesday. But these three TSX Majors, including Cameco Corp. (TSX:CCO)(NYSE:CCJ), have fared even…

Read more »

caution
Dividend Stocks

Don’t Get Caught in a High-Yield Dividend Trap

| Brad Macintosh

Dividend investing is a great way to make passive income, but be careful not to fall into yield traps like…

Read more »

Dividend Stocks

3 Undervalued Dividend Stocks That Pay Over 4%

| David Jagielski

BCE Inc. (TSX:BCE)(NYSE:BCE) and these two other dividend stocks are trading at bargain prices that you shouldn't ignore.

Read more »

The Motley Fool
Dividend Stocks

3 Canadian Dividend Aristocrats With High Dividend-Growth Rates

| Mat Litalien, MBA

Enghouse Systems Ltd. (TSX:ENGH), Gildan Activewear Inc. (TSX:GIL)(NYSE:GIL), and Open Text Corp. (TSX:OTEX)(NASDAQ:OTEX) have high, sustainable dividend-growth rates.

Read more »

The Motley Fool
Dividend Stocks

This Diversified Utility Has Growth and Income Potential

| Demetris Afxentiou

Utilities offer investors strong growth and a great dividend, but Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN) can offer much more…

Read more »

Dividend Stocks

Corus Entertainment Inc. Was Up 19% Yesterday Despite Showing Minimal Growth in Q2

| David Jagielski

Corus Entertainment Inc. (TSX:CJR.B) beat expectations in Q2, but was it enough to bring back investors?

Read more »