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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

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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!

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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.

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TFSA Investors: Why You Should Invest Your Room ASAP With These 3 Stocks

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Choosing the right TFSA stocks for your portfolio might take some time. But with the right choices, you can stick…

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How to Generate $500 in Passive Income Each Month

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Instead of letting the stock market control your earnings, take control. Earn stable passive income with this strategy.

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Need Passive Income? Turn $5,000 Into $23.85 Every Month

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If you're looking for passive income that comes in like a paycheque, this dividend stock provides that to you along…

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TFSA Investors: Park These 2 TSX Stocks Before They Soar

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Consider investing in these two Canadian stocks if you’re looking for assets to buy, hold, and park in a self-directed…

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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…

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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…

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Cash In on Higher Interest Rates by Buying Toronto-Dominion Bank

| Matt Smith

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) will benefit from higher interest rates.

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Is Altagas Ltd.’s 7.5% Dividend Yield Safe?

| Haris Anwar

Altagas Ltd. (TSX:ALA) is offering an attractive 7.5% dividend yield. Is this the time right for investors to take advantage…

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Headwinds Abound for the Canadian Wireless Industry

| Jason Phillips

Rumours of tighter pricing regulations and a new entrant to the market could spell trouble ahead for firms such as…

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Higher Interest Rates: Are They Good or Bad for Canadian Lenders?

| Jason Phillips

It didn’t take lenders long to follow the Canadian central bank, raising the prime rate to 2.95%. But is the…

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Retirees: Here’s the Best Canadian Telecom to Own as Interest Rates Rise

| Joey Frenette

Telus Corporation (TSX:T)(NYSE:TU), BCE Inc. (TSX:BCE)(NYSE:BCE), and Roger Communication Inc. (TSX:RCI.B)(NYSE:RCI) have been solid telecoms to own over the last…

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TFSA Investors: 2 Dividend-Growth Stocks on Sale

| Haris Anwar

RioCan Real Estate Investment Trust (TSX:REI.UN) and Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM),r attractive valuations for TFSA investors.

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Dividend Stocks

These Stocks Have Grown Their Dividends by More Than 10% Annually!

| Ryan Goldsman

Shares of Canadian National Railway Company (TSX:CNR)(NYSE:CNI) may be the best buy of the bunch.

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Enbridge Inc.’s Dividend and Growth Look Attractive

| Kay Ng

Get a ~4.9% yield and growth from Enbridge Inc. (TSX:ENB)(NYSE:ENB) today.

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Should You Invest in Alaris Royalty Corp. for the 7.4% Yield?

| Kay Ng

Alaris Royalty Corp. (TSX:AD) stock is not for the faint of heart. Should you buy it for income?

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The Berkshire Hathaway portfolio is well stocked with dividend payers, but for income investors seeking well-priced payouts, a small number…

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8 Canadian Dividend-Growth Stocks to Add to Your TFSA as Interest Rates Rise

| Joey Frenette

As interest rates rise, smart investors should be buying these eight stocks over the next few years. One of them…

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Dividend Stocks

4 Stocks That Have Consistently Outperformed the TSX

| David Jagielski

Waste Connections Inc. (TSX:WCN)(NYSE:WCN) and three other stocks have performed well this year, even though the TSX hasn't.

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Dividend Stocks

Contrarian Investors: Is Baytex Energy Corp. or Cameco Corp. a Better Bet?

| Andrew Walker

Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) and Cameco Corp. (TSX:CCO)(NYSE:CCJ) remain under pressure. Is one about to bounce back?

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Build a Global Real Estate Empire With 1 Stock Purchase

| Jacob Donnelly

Brookfield Property Partners LP (TSX:BPY.UN)(NYSE:BPY) is a great real estate company that trades at a serious discount. Act fast.

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Dividend Stocks

Young Investors: 2 Canadian Dividend Stocks to Help You Save for Retirement

| Andrew Walker

Here's how stocks such as Fortis Inc. (TSX:FTS)(NYSE:FTS) and Canadian National Railway Company (TSX:CNR)(NYSE:CNI) can boost your retirement fund.

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Dividend Stocks

Diversify and Collect Over 4% in Dividends With These 3 Stocks

| David Jagielski

National Bank of Canada (TSX:NA) and these two other stocks will add some strong and reliable dividends to your portfolio.

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Dividend Stocks

Is it Time to Buy Inter Pipeline Ltd. for its High Yield?

| Kay Ng

Should you buy Inter Pipeline Ltd. (TSX:IPL) for its ~7% yield?

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While other utilities take a hit on the chin from rising interest rates over the next few years, Algonquin Power…

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| Stephanie Bedard-Chateauneuf, MBA

BCE Inc. (TSX:BCE)(NYSE:BCE) and Telus Corporation (TSX:T)(NYSE:TU) both saw their revenue rise in Q2, but their profit fell. Which of…

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Worried About the Canadian Economy? Invest in Other Countries With These 2 REITs

| David Jagielski

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Canadian Tire Corporation Limited’s Q2 Earnings Provide Cause for Concern

| David Jagielski

Canadian Tire Corporation Limited (TSX:CTC.A) released unimpressive quarterly results last week, and I would avoid the stock for multiple reasons.

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Dividend Stocks

2 Attractive Dividend Stocks That Could Double Your Investment

| Haris Anwar

Enbridge Inc. (TSX:ENB)(NYSE:ENB) and First National Financial Corp. (TSX:FN) are two attractive dividend stocks to double your investment.

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Is it Time to Throw in the Towel for Altagas Ltd.?

| Kay Ng

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Apple Inc. Is Taking Advantage of Canada’s Low Rates: Should You, Too?

| Haris Anwar

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TFSA Investors: 2 Top Canadian Dividend-Growth Stocks With Above-Average Yields

| Andrew Walker

Here's why BCE Inc. (TSX:BCE)(NYSE:BCE) and Inter Pipeline Ltd. (TSX:IPL) might be interesting picks right now.

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Cameco Corp. (TSX:CCO)(NYSE:CCJ) and these two other stocks could see a lot of upside if commodity prices improve.

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Have You Considered Innergex Renewable Energy Inc.?

| Demetris Afxentiou

Innergex Renewable Energy Inc. (TSX:INE) provides investors with a means to invest in a growing renewable energy company with a…

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| David Jagielski

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Pason Systems Inc. Turns Free Cash Flow Positive and Has a 4% Dividend Yield

| Karen Thomas, MSc, CFA

Pason Systems Inc.'s (TSX:PSI) second-quarter results show improvement in activity, translating to strong financial results.

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Does Global Conflict and Uncertainty Lead to a Higher Price of Gold?

| David Jagielski

Will Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) see investors buy up its shares in the face of conflict and uncertainty?

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3 Stocks That Raised Their Dividends Last Week

| Joseph Solitro

Equitable Group Inc. (TSX:EQB), CAE Inc. (TSX:CAE)(NYSE:CAE), and Fiera Capital Corp. (TSX:FSZ) raised their dividends last week. Should you buy…

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Dividend Stocks

Is Telus Corporation a Buy After its Q2 Earnings?

| David Jagielski

Telus Corporation (TSX:T)(NYSE:TU)'s second-quarter earnings were a bit underwhelming, but that doesn't change the stock's long-term potential.

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Dividend Stocks

2 Top Dividend Stocks to Bet on Higher Interest Rates

| Haris Anwar

Sun Life Financial Inc. (TSX:SLF)( NYSE:SLF) and Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) are two top dividend stocks to benefit from rising…

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Dividend Stocks

2 Stocks That Just Raised Their Dividends by 2-5%

| Joseph Solitro

Finning International Inc. (TSX:FTT) and Smart REIT (TSX:SRU.UN) just raised their dividends by 2-5%. Should you invest in one of…

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2 Interesting Ways to Play Bank of Canada Interest Rate Increases

| Chris MacDonald

Here's how to invest in companies such as Algonquin Power & Utilities Corp. (TSX:AQN)(NYSE:AQN) and Fortis Inc. (TSX:FTS)(NYSE:FTS) in today's rising interest rate…

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Dividend Stocks

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| Haris Anwar

Top dividend stocks such as Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) are on sale amid weakness in bank stocks.

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Dividend Stocks

Would You Take a Chance on This 12.2% Yielder?

| Joey Frenette

Cominar REIT (TSX:CUF.UN) has a distribution which keeps getting bigger. Should you consider its whopping 12.2% yield?

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How Do Higher Interest Rates Affect This High-Yield REIT?

| Kay Ng

Is NorthWest Health Prop Real Est Inv Trust’s (TSX:NWH.UN) 7.5% yield safe in the face of rising interest rates?

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2 Income Stocks With Yields up to 6.5%

| Joseph Solitro

Want monthly income? If so, consider investing in Ag Growth International Inc. (TSX:AFN) and Enbridge Income Fund Holdings Inc. (TSX:ENF)…

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Dividend Stocks

Dividend-Paying Stocks: Should You Hold Them in Your TFSA or RSP?

| Susan Portelance

Should you hold dividend-paying stocks such as Toronto Dominion Bank (TSX:TD)(NYSE:TD) in your TFSA or RSP?

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