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

Can You Believe How Cheap This Growth Stock Is?!

| Kay Ng

Alimentation Couche-Tard Inc. (TSX:ATD.B) is ready for the next leg up, but what’s preventing the stock from going higher?

Read more »

Dividend Stocks

Why Asset Location Is as Important as Asset Allocation

| Stephanie Bedard-Chateauneuf, MBA

You can minimize your taxes and thus maximize your returns by considering asset location. A stock like AT&T Inc. (NYSE:T)…

Read more »

The Motley Fool
Dividend Stocks

BCE Inc.: Is This Top Canadian Dividend Stock Oversold?

| Andrew Walker

BCE Inc. (TSX:BCE)(NYSE:BCE) now offers a 5.6% yield. Is it time to buy?

Read more »

Dividend Stocks

TFSA Investors: Toronto-Dominion Bank or Bank of Montreal for U.S. Exposure?

| Andrew Walker

Toronto-Dominion Bank (TSX:TD) (NYSE:TD) and Bank of Montreal (TSX:BMO) (NYSE:BMO) both have a large U.S. presence. IS one a better…

Read more »

Dividend Stocks

3 Reasons Why Suncor Energy Inc. Is a Better Buy Than Imperial Oil Ltd.

| Jason Phillips

Both Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Imperial Oil Ltd. (TSX:IMO)(NYSE:IMO) make for great investments. Discover the three factors that make…

Read more »

packaging tape
Dividend Stocks

3 Reasons Why Warren Buffett Would Love This Stock

| Jason Phillips

Some stocks are boring, cheap, and have bright futures ahead of them. Find out why Intertape Polymer Group (TSX:ITP) deserves…

Read more »

Dividend Stocks

2 Defensive Stocks for the More Cautious Investor

| Karen Thomas, MSc, CFA

Metro Inc. (TSX:MRU) officially enters the pharmacy retail business and Empire Company Ltd. (TSX:EMP.A) moves forward with its transformation.

Read more »

Dividend Stocks

Avoid This Sector Until Further Notice!

| Jason Phillips

You'll want to find out why things may be getting worse for Rogers Sugar Inc. (TSX:RSI) and several others before…

Read more »

offshore wind generation
Dividend Stocks

2 Top Renewable Energy Stocks for Every Portfolio

| Matt Smith

Boost your portfolio's income and growth by adding Northland Power Inc. (TSX:NPI) and Innergex Renewable Energy Inc. (TSX:INE).

Read more »

Dividend Stocks

2 Top Canadian Stocks to Play Global Growth

| Andrew Walker

Here's why Nutrien Ltd. (TSX:NTR) (NYSE:NTR) and Sun Life Financial Inc. (TSX:SLF) (NYSE:SLF) deserve to be on your radar.

Read more »

The Motley Fool
Dividend Stocks

1 Energy Infrastructure Stock Offering a Unique Opportunity to Play Higher Oil

| Matt Smith

Boost your portfolio's growth and income by investing in Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA).

Read more »

Dividend Stocks

3 Stocks With Dividend Yields in Excess of 8%

| Karen Thomas, MSc, CFA

Ensign Energy Services Inc. (TSX:ESI), Cardinal Energy Ltd. (TSX:CJ), and Alaris Royalty Corp. (TSX:AD) are yielding 8.04%, 8.03%, and 9.32%,…

Read more »

The Motley Fool
Dividend Stocks

These 3 Energy Stocks Are Ridiculously Cheap

| Stephanie Bedard-Chateauneuf, MBA

You can find great bargains in the energy sector at the moment, such as Encana Corp. (TSX:ECA)(NYSE:ECA).

Read more »

The Motley Fool
Dividend Stocks

2 High-Yielding Energy Stocks: Which Dividend Is Safe?

| Haris Anwar

Inter Pipeline Ltd. (TSX:IPL) is one of two high-yielding stocks I like for long-term investors. Find out if their dividends…

Read more »

Dividend Stocks

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

| Andrew Walker

Royal Bank of Canada (TSX:RY)(NYSE:RY) and Fortis Inc. (TSX:FTS)(NYSE:FTS) are two of Canada's top dividend stocks. Is one right for…

Read more »

The Motley Fool
Dividend Stocks

How Much Upside Can These Energy Giants Expect?

| Kay Ng

Should you buy Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) now?

Read more »

The Motley Fool
Dividend Stocks

A High-Yielding Dividend Stock for Your Retirement Income

| Haris Anwar

Here is why Canada’s largest telecom operator, BCE Inc. (TSX:BCE)(NYSE:BCE) stock, is offering a good bargain for your retirement income…

Read more »

Dividend Stocks

Should Telus Corporation or Bank of Nova Scotia Be in Your TFSA Retirement Fund?

| Andrew Walker

Telus Corporation (TSX:T) (NYSE:TU) and Bank of Nova Scotia (TSX:BNS) (NYSE:BNS) are top Canadian dividend stocks. Is one a better…

Read more »

The Motley Fool
Dividend Stocks

Which Stock Is the Better Buy: Enbridge Inc. or TransCanada Corporation?

| Jason Phillips

Energy is one of the hottest sectors in the market today. Find out whether TransCanada Corporation (TSX:TRP)(NYSE:TRP) or Enbridge Inc.…

Read more »

The Motley Fool
Dividend Stocks

Canadian National Railway Company Reports Weaker Q1 Results

| Demetris Afxentiou

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) reported weaker Q1 results his week, prompting investors to weigh in whether the company is…

Read more »

The Motley Fool
Dividend Stocks

Which Stock Is More Attractive for Income?

| Kay Ng

Should you consider Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) or Keyera Corp. (TSX:KEY) for a ~5% yield today?

Read more »

Dividend Stocks

3 Top Dividend Stocks Yielding 8%

| David Jagielski

Altagas Ltd (TSX:ALA) and these two other dividend stocks offer strong payouts that could be great long-term additions to your portfolio.

Read more »

The Motley Fool
Dividend Stocks

Baytex Energy Corp. Stock Is 1 Fast-Rising Energy Stock, and This Is Just the Beginning

| Karen Thomas, MSc, CFA

Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) is up 33% year to date and is one of three energy stocks to buy now.

Read more »

Dividend Stocks

How Investors Can Become Millionaires Investing in Energy!

| Ryan Goldsman

With rising oil prices, investors can become extremely wealthy by buying shares in companies such as Crescent Point Energy Corp…

Read more »

The Motley Fool
Dividend Stocks

A Top Dividend Stock You Could Hold in Your TFSA for Decades

| Haris Anwar

Here is why Fortis Inc. (TSX:FTS)(NYSE:FTS) is a top dividend stock you should buy and hold in your TFSA.

Read more »

Dividend Stocks

Is This Canadian Bank Oversold?

| Andrew Walker

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is trading at a large discount to its peers. What's going on?

Read more »

Dividend Stocks

TFSA Investors: Are These 9% Yields Safe for Your Dividend Portfolio?

| David Jagielski

American Hotel Income Properties REIT LP (TSX:HOT.UN) offers a great 10% yield, but is it a safe investment?

Read more »

The Motley Fool
Dividend Stocks

Is This Driller Canada’s Top Upstream Oil Stock?

| Matt Smith

Upstream oil producer Whitecap Resources Inc. (TSX:WCP) is an appealing play on higher oil.

Read more »

The Motley Fool
Dividend Stocks

A Good Value Tech Stock for Long-Term Growth

| Kay Ng

Open Text Corp. (TSX:OTEX)(NASDAQ:OTEX) was added to the S&P/TSX 60 Index early this year. Will you add it to your…

Read more »

Dividend Stocks

This Entertainment Company Is About to See Growth

| Demetris Afxentiou

Cineplex Inc. (TSX:CGX) continues to innovate and release its reliance on Hollywood, despite 2018 poised to be one of the…

Read more »

Dividend Stocks

Reduce Investment Risk by Diversifying Into Emerging Markets

| Matt Smith

Diversify into emerging markets without leaving the comfort of Canada by investing in Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP).

Read more »

The Motley Fool
Dividend Stocks

Where Investors Can Find Gains Amid Higher Oil Prices

| Ryan Goldsman

With oil prices on the rise, investors have a substantial number of opportunities awaiting them in the oil patch, starting…

Read more »

The Motley Fool
Dividend Stocks

TFSA Investors: 2 Dividend-Growth Stocks to Earn a Hike up to 10%

| Haris Anwar

TransCanada Corporation (TSX:TRP)(NYSE:TRP) is among the top dividend-growth stocks that TFSA investors should consider adding to their retirement portfolios.

Read more »

Dividend Stocks

Energy Sector Alert: 2 High-Yield Canadian Stocks to Buy Today

| Andrew Walker

Russel Metals Inc. (TSX:RUS) and Inter Pipeline Ltd. (TSX:IPL) offer attractive dividends and provide access to a recovering energy market.…

Read more »

Dividend Stocks

3 Dividend Investments Every Portfolio Needs

| Demetris Afxentiou

Every portfolio needs a strong core of income-producing investments, such as Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and others.

Read more »

calm, no emotion
Dividend Stocks

Should You Remain on the Sidelines?

| Kay Ng

Enbridge Inc.’s (TSX:ENB)(NYSE:ENB) dividend-growth program is still in place, and the stock can recover to higher levels, delivering strong double-digit…

Read more »

Dividend Stocks

2 Top Telecom Stocks You Should Buy Together This Spring

| Joey Frenette

As Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) rocks the Canadian wireless industry, here's another telecom stock that investors should own over the…

Read more »

Dividend Stocks

Shaw Communications Inc. Is Making Big Moves in Canada’s Telecom Space

| Jason Phillips

Shaw Communications Inc. (TSX:SJR.B)(NYSE: SJR) reported earnings last week that trounced analyst expectations. Is the company's big push into wireless…

Read more »

railroad
Dividend Stocks

Canadian National Railway vs. Canadian Pacific Railway Limited: Which Is Today’s Top Railroad to Riches?

| Joey Frenette

Canadian National Railway (TSX:CNR)(NYSE:CNI) and Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) have faced their fair share of issues, but which is…

Read more »

Dividend Stocks

3 Top Dividend-Paying Energy Stocks to Buy as Oil Prices Rally

| Neha Chamaria

With oil prices soaring, don’t just buy energy stocks. Buy Dividend Aristocrats like Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Enbridge Inc.…

Read more »