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

pipeline
Dividend Stocks

Why Pembina Pipeline Corp. Is Rallying Over 4%

| Joseph Solitro

Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) is up over 4% following its Q4 2017 earnings release. Is now the time to buy?

Read more »

Dividend Stocks

Screening for Top Stocks to Own in 2018

| Karen Thomas, MSc, CFA

Labrador Iron Ore Royalty (TSX:LIF), West Fraser Timber Co.Ltd. (TSX:WFT), and Industrial Alliance Insur. & Fin. Ser. (TSX:IAG) all have…

Read more »

The Motley Fool
Dividend Stocks

A Rate-Sensitive Dividend Stock Is a Bargain for Income Investors

| Haris Anwar

Should dividend investors take advantage of a recent pullback in RioCan Real Estate Investment Trust (TSX:REI.UN) stock? Find out here.

Read more »

The Motley Fool
Dividend Stocks

Protect Your Portfolio From Market Downturns by Buying These Stocks

| Stephanie Bedard-Chateauneuf, MBA

Low-beta stocks such as Dollarama Inc. (TSX:DOL) can help to protect your portfolio from market downturns.

Read more »

Dividend Stocks

3 Stocks That Will Save You Next Time the Market Crashes

| Jason Phillips

Find out what sectors you should be avoiding when volatility rears its ugly head, and how companies such as Telus…

Read more »

Dividend Stocks

This Growth Stock Just Increased its Dividend by 13%

| Kay Ng

Is it too late to buy CCL Industries Inc. (TSX:CCL.B) now?

Read more »

The Motley Fool
Dividend Stocks

Why Snc-Lavalin Group Inc. Jumped 3.96% on Thursday

| Joseph Solitro

Snc-Lavalin Group Inc. (TSX:SNC) rallied 3.96% on Thursday following its Q4 2017 earnings release and dividend increase. Is now the…

Read more »

Dividend Stocks

Is Canadian Imperial Bank of Commerce a Must-Buy After a Strong Q1 and a Dividend Hike?

| David Jagielski

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) produced another strong quarter, as it continues to grow its U.S. operations.

Read more »

Dividend Stocks

These 2 Stocks Raised Their Dividends on Wednesday

| Joseph Solitro

Exchange Income Corporation (TSX:EIF) and Innergex Renewable Energy Inc. (TSX:INE) hiked their dividends by 3-5% on Wednesday. Which should you…

Read more »

Dividend Stocks

Should Investors Should Brace Themselves for a Bear Market in 2018?

| Joey Frenette

Canadian Utilities (TSX:CU) is the perfect bear defence if you're worried about a gloomy 2018.

Read more »

The Motley Fool
Dividend Stocks

My 3 Top Stocks to Buy in February

| Jason Phillips

2018 is one of the best years in recent memory to max out your RRSP contributions thanks to the recent…

Read more »

Dividend Stocks

This Cash Machine Continues to Beat Expectations and Make Tonnes of Money for Investors

| Karen Thomas, MSc, CFA

Waste Connections Inc. (TSX:WCN)(NYSE:WCN) reported a better-than-expected fourth quarter and a bright 2018 outlook.

Read more »

Dividend Stocks

2 Top Energy Stocks I’d Buy Now to Boost My TFSA Income

| Haris Anwar

Here is why these top energy stocks, including TransCanada Corporation (TSX:TRP)(NYSE:TRP), should be part of your TFSA.

Read more »

best, thumbs up
Dividend Stocks

2 No-Brainer Dividend Stocks to Buy Now

| Karen Thomas, MSc, CFA

Labrador Iron Ore Royalty Corp. (TSX:LIF) is making investors rich with its regular and special dividend payments.

Read more »

Dividend Stocks

Which of the Big 3 Telecoms Should You Add to Your RRSP?

| Mat Litalien, MBA

BCE Inc. (TSX:BCE)(NYSE:BCE), Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI), and Telus Corporation (TSX:T)(NYSE:TU) belong in your retirement account.

Read more »

Dividend Stocks

Why CCL Industries Inc. Is Soaring Over 7%

| Joseph Solitro

CCL Industries Inc. (TSX:CCL.B) is soaring over 7% following its Q4 2017 earnings release. Is there still time to buy?

Read more »

Dividend Stocks

Why Canadian Imperial Bank of Commerce Is up Over 2%

| Joseph Solitro

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is up over 2% following its Q1 2018 earnings release. What should you do…

Read more »

car repair, auto repair
Dividend Stocks

Why Magna International Inc. Is up About 1%

| Joseph Solitro

Magna International Inc. (TSX:MG)(NYSE:MGA) is up about 1% following its Q4 2017 earnings release. Is now the time to buy?

Read more »

real estate building
Dividend Stocks

Which Canadian REITs Offer the Best Value in Today’s Market?

| Joey Frenette

RioCan Real Estate Investment Trust (TSX:REI.UN) are two other quality REITs that investors should feel comfortable owning despite a rising…

Read more »

railroad
Dividend Stocks

Canadian National Railway Company: Opportunity of a Lifetime to Drain Alberta’s Oil Swamp?

| Joey Frenette

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) is cheap, but it should be expensive given its new tech, which could change the…

Read more »

Dividend Stocks

Dollarama Inc. Belongs in Your RRSP

| Mat Litalien, MBA

Dollarama Inc. (TSX:DOL) offers double-digit growth and a rising dividend for your RRSP portfolio.

Read more »

The Motley Fool
Dividend Stocks

Here’s the Energy Stock to Own in 2018

| Karen Thomas, MSc, CFA

Freehold Royalties Ltd. (TSX:FRU) offers investors a 4.7% dividend yield and the real potential for additional dividend increases.

Read more »

Dividend Stocks

2 Top Dividend Stocks for RRSP Investors Today

| Andrew Walker

Here's why Fortis Inc. (TSX:FTS)(NYSE:FTS) and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) deserve to be on your radar.

Read more »

Dividend Stocks

Don’t Forget to Contribute to Your RRSP Before the Deadline!

| Stephanie Bedard-Chateauneuf, MBA

You only have a few days left to contribute to your RRSP for 2017. Three great stocks for an RRSP…

Read more »

Dividend Stocks

TFSA Income Investors: 2 High-Yield, Unloved Dividend Stocks With Growing Payouts

| Andrew Walker

BCE Inc. (TSX:BCE)(NYSE:BCE) and another stock might be oversold.

Read more »

Dividend Stocks

5 Reasons Why I’m Loading Up on Shares of Cenovus Energy Inc.

| Jason Phillips

Following a sharp rally in the second half of 2017, Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) shares have slumped back to their…

Read more »

Dividend Stocks

2 Dividend Stocks Yielding up to 6% to Buy Today

| Haris Anwar

Here is why Laurentian Bank of Canada (TSX:LB) and First National Financial Corp. (TSX:FN) stocks are two high-yielding names you…

Read more »

dividends
Dividend Stocks

When a Dividend Yield Is Enough

| Ryan Goldsman

With shares selling off, shareholders seeking a high quality name need not look any further than TransAlta Corporation (TSX:TA)(NYSE:TAC).

Read more »

Dividend Stocks

Why TFI International Inc. Is Soaring Over 8%

| Joseph Solitro

TFI International Inc. (TSX:TFII) is up over 8% following its Q4 2017 earnings release. Can the rally continue? Let’s find…

Read more »

Dividend Stocks

Earn Over 7% Yield From This Safe Dividend Stock

| Haris Anwar

Here is why Inter Pipeline Ltd. (TSX:IPL) is a top dividend stock you should consider to buy after the company…

Read more »

urban office buildings
Dividend Stocks

Allied Properties Real Estate Investment Is a Must-Own Commercial REIT

| Jacob Donnelly

Allied Properties Real Estate Investment (TSX:AP.UN) has a great portfolio of commercial properties and pays a very predictable monthly dividend.

Read more »

Dividend Stocks

Here Is How You Could Charge Up Your RRSP Portfolio

| Haris Anwar

By investing in dividend-growth stocks such as Fortis Inc. (TSX:FTS)(NYSE:FTS), you can give a solid start to your RRSP.

Read more »

Dividend Stocks

Should You Avoid Restaurant Brands International Inc. Stock?

| Kay Ng

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) has yet to work out the issues with its Tim Hortons franchisees. Should you avoid…

Read more »

Dividend Stocks

This Energy Giant Just Boosted its Dividend by Over 10%

| Matt Smith

Energy infrastructure company TransCanada Corporation (TSX:TRP)(NYSE:TRP) is poised to unlock significant value for investors.

Read more »

Dividend Stocks

Here’s a Dividend Stock That You Can’t Afford Not to Own!

| Joey Frenette

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is a wonderful wide-moat midstream business that's trading at a huge discount to its intrinsic value. Here's…

Read more »

Dividend Stocks

Dividend Investors: 2 Oversold Stocks to Stick in Your RRSP Right Now

| Andrew Walker

TransCanada Corporation (TSX:TRP)(NYSE:TRP) and BCE Inc. (TSX:BCE)(NYSE:BCE) offer growing dividends with attractive yields.

Read more »

The Motley Fool
Dividend Stocks

Find Hidden Dividend-Paying Gems

| Ryan Goldsman

With the RRSP deadline fast approaching, shares of Laurentian Bank of Canada (TSX:LB) may be the best opportunity available for…

Read more »

Dividend Stocks

3 Small-Cap Income Stocks Yielding Over 5%

| Joseph Solitro

Want to generate monthly income? If so, consider investing in small caps such as Chemtrade Logistics Income Fund (TSX:CHE.UN), Chorus…

Read more »

building
Dividend Stocks

Is it Wrong to Invest in REITs in RRSPs?

| Kay Ng

Income investors should consider REITs such as Simon Property Group Inc. (NYSE:SPG) and Plaza Retail REIT (TSX:PLZ.UN) for their portfolios.

Read more »

stock market volatility
Dividend Stocks

These 2 Worry-Free Value Stocks Are Custom-Tailored for Your RRSP

| Joey Frenette

Here are two worry-free value stocks that are custom tailored for your RRSP. One such stock is Fortis Inc. (TSX:FTS)(NYSE:FTS).

Read more »