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

The Bickering Needs to Stop: Exchange Income Corp.

| Chris MacDonald

Who is right in the bickering surrounding Exchange Income Corporation (TSX:EIF): Terence Corcoran or Marc Cohodes?

Read more »

The Motley Fool
Dividend Stocks

Looking Into Canada’s Insurance Companies: Great-West Lifeco Inc.

| Ryan Goldsman

Shares of Great-West Lifeco Inc. (TSX:GWO) may be the best opportunity for income investors.

Read more »

Dividend Stocks

Retirees: 2 Top Stocks for High Income Every Month

| Kay Ng

Are you looking for income? Start with these two high-yielding dividend-growth stocks, including Inter Pipeline Ltd. (TSX:IPL).

Read more »

Dividend Stocks

2 Dividend-Growth Stocks to Bet on Rising Interest Rates

| Haris Anwar

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and CI Financial Corp. (TSX:CIX) are two dividend-growth stocks to bet on Canada's rising interest rates.

Read more »

Dividend Stocks

Cenovus Energy Inc. vs. Suncor Energy Inc.: Which Is Better?

| Haris Anwar

Find out if Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) or Suncor Energy Inc. (TSX:SU)(NYSE:SU) is better for your portfolio.

Read more »

Dividend Stocks

Why Genworth MI Canada Inc. Rose 3.5% in a Day

| Joseph Solitro

Genworth MI Canada Inc. (TSX:MIC) watched its stock rally 3.5% following the release of its Q2 earnings results. Should you…

Read more »

The Motley Fool
Dividend Stocks

Looking Into Canada’s Insurance Companies: Sun Life Financial Inc.

| Ryan Goldsman

Shares of Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) have come a long way.

Read more »

utility power supply
Dividend Stocks

Is Canadian Utilities Limited Still a Prudent Buy Today?

| Joey Frenette

Canadian Utilities Limited (TSX:CU) is a slow and steady dividend-growth king. Here's what prudent long-term investors should do today.

Read more »

The Motley Fool
Dividend Stocks

These 2 Mid-Cap Stocks Have Seen Sales Double in the Past 3 Years

| David Jagielski

Amaya Inc. (TSX:AYA)(NASDAQ:AYA) and this other stock have seen sales soar over the past few years. Is it time to…

Read more »

caution
Dividend Stocks

Income Investors: Avoid This High-Dividend-Yield Trap

| Haris Anwar

Here is why Royal Bank of Canada (TSX:RY)(NYSE:RY) and Fortis Inc. (TSX:FTS)(NYSE:FTS) are better than some high-dividend-yielding stocks.

Read more »

The Motley Fool
Dividend Stocks

These Dividends Have Increased Almost 200% in Only 5 Years

| David Jagielski

The dividends of Maple Leaf Foods Inc. (TSX:MFI) and this other stock have grown by almost 200% in the past three…

Read more »

The Motley Fool
Dividend Stocks

Contrarian Investors: 2 Unloved Dividend Stocks to Consider Today

| Andrew Walker

Here's why Fairfax Financial Holdings Ltd. (TSX:FFH) and Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) might deserve a closer look.

Read more »

Dividend Stocks

Restaurant Brands International Inc. Posts Strong Q2 and Plans Expansion into Spain

| David Jagielski

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) continues to grow its sales and is expanding its Tim Hortons brand into Spain. Is it…

Read more »

Dividend Stocks

New Investors: What Should You Invest in?

| Kay Ng

Are you thinking of investing in bonds or stocks? I’ll explain why you should first consider dividend-growth stocks such as…

Read more »

Dividend Stocks

Why Cineplex Inc. Is Plummeting Today

| Joseph Solitro

Cineplex Inc. (TSX:CGX) is down over 10% following the release of its Q2 earnings results. Should you buy on the…

Read more »

railroad
Dividend Stocks

2 Indicators That Suggest This Railway’s Stock Is Oversold

| David Jagielski

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) has seen its stock tumble for the past two weeks. Is it due for a…

Read more »

Dividend Stocks

Evaluating Canada’s Regional Banks: Canadian Western Bank

| Ryan Goldsman

After evaluating the major banks, we now turn to regional bank Canadian Western Bank (TSX:CWB).

Read more »

Dividend Stocks

3 Excellent Income Stocks With Yields of 4-8%

| Joseph Solitro

Are you looking for an income stock? If so, Vermilion Energy Inc. (TSX:VET)(NYSE:VET), A and W Revenue Royalties Income Fund…

Read more »

Dividend Stocks

Attention Income Investors: 2 High-Yield Canadian Dividend Stocks on Sale

| Andrew Walker

Here's why BCE Inc. (TSX:BCE)(NYSE:BCE) and Inter Pipeline Ltd. (TSX:IPL) might deserve a closer look.

Read more »

The Motley Fool
Dividend Stocks

Dividend Investors: Should You Buy Suncor Energy Inc.?

| Haris Anwar

Here is why Suncor Energy Inc. (TSX:SU)(NYSE:SU) should be included in your dividend portfolio.

Read more »

Dividend Stocks

4 High-Paying Dividend Stocks That You Should Buy

| Demetris Afxentiou

Enbridge Inc. (TSX:ENB)(NYSE:ENB) and three other stocks are great dividend-paying investments that should be part of any portfolio.

Read more »

The Motley Fool
Dividend Stocks

These 2 Energy Stocks Just Raised Their Dividends by 6-8%

| Joseph Solitro

Capital Power Corp. (TSX:CPX) and TransAlta Renewables Inc. (TSX:RNW) just raised their dividends by 6-8%. Should you buy one today?…

Read more »

The Motley Fool
Dividend Stocks

RRSP Investors: 5 Reasons to Own Canadian National Railway Company

| Andrew Walker

Here's why Canadian National Railway Company (TSX:CNR)(NYSE:CNI) should be on your RRSP radar.

Read more »

Dividend Stocks

Evaluating Canada’s Regional Banks: Laurentian Bank of Canada

| Ryan Goldsman

After evaluating the major banks last week, we now turn to regional bank Laurentian Bank of Canada (TSX:LB).

Read more »

Dividend Stocks

Is This High-Octane Company Canada’s Top Growth Stock?

| Matt Smith

Give your portfolio a boost by adding rapidly expanding Parkland Fuel Corp. (TSX:PKI).

Read more »

Dividend Stocks

Saputo Inc.’s Earnings Are up Over 13% in Q2: Time to Buy?

| David Jagielski

Saputo Inc. (TSX:SAP) continues to show strong growth in its latest earnings, but how much does it have left in the…

Read more »

The Motley Fool
Dividend Stocks

Why Thomson Reuters Corp. Is up Over 4%

| Joseph Solitro

Thomson Reuters Corp. (TSX:TRI)(NYSE:TRI) is rallying following the release of its Q2 results. Can the rally continue? Let’s find out.

Read more »

Dividend Stocks

Is This Dividend-Growth Stock a Buy After an 8% Plunge?

| Haris Anwar

Here is why ATCO Ltd. (TSX:ACO.X) shares are a good buy for investors looking to add a quality dividend-growth stock in…

Read more »

The Motley Fool
Dividend Stocks

Why Shares of BCE Inc. Could Be the Investment of the Year!

| Ryan Goldsman

After a recent pullback, higher rates may lead to shares of BCE Inc. (TSX:BCE)(NYSE:BCE) becoming more attractive.

Read more »

The Motley Fool
Dividend Stocks

Looking Into Canada’s Insurance Companies: Industrial Alliance Insur. & Fin. Ser.

| Ryan Goldsman

Shares of Industrial Alliance Insur. & Fin. Ser. (TSX:IAG) may have a lot to offer investors.

Read more »

Dividend Stocks

2 Stocks Set to Increase Their Dividends This Year

| Karen Thomas, MSc, CFA

Waste Connections Inc.'s (TSX:WCN)(NYSE:WCN) and Labrador Iron Ore Royalty Corporation’s (TSX:LIF) continued success will translate into more cash for investors.

Read more »

Dividend Stocks

Evaluating Canada’s Banks: The Conclusion

| Ryan Goldsman

After looking at Canada's six major banks, Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) holds a clear position.

Read more »

Dividend Stocks

3 Things Every Young Investor Must Do

| Colin Beck

Young investors should follow these three tips and invest in great companies such as Toronto Dominion Bank (TSX:TD)(NYSE:TD).

Read more »

The Motley Fool
Dividend Stocks

RRSP Investors: A Top Canadian Dividend Stock to Start Your Retirement Portfolio

| Andrew Walker

Here's why dividend-growth stocks such as Canadian National Railway Company (TSX:CNR)(NYSE:CNI) are attractive RRSP picks.

Read more »

The Motley Fool
Dividend Stocks

Investors Need to Consider These High-Dividend-Yielding Stocks

| Ryan Goldsman

With a very low beta of 0.31, shares of Inter Pipeline Ltd (TSX:IPL) may be ready for a major catalyst…

Read more »

Dividend Stocks

Will Cara Operations Ltd. Ever Reach Full Potential?

| Ryan Goldsman

Cara Operations Ltd. (TSX:CARA) has been trending downwards since the IPO. Shareholders need to know what they are paying for.

Read more »

Dividend Stocks

Make Value Investments in Infrastructure With Brookfield Infrastructure Partners L.P.

| Jacob Donnelly

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) is a value investor picking up core infrastructure projects that will allow for a growing…

Read more »

The Motley Fool
Dividend Stocks

2 Energy Stocks That Can Go Much Higher

| Kay Ng

Can you stand volatility? If so, Enerplus Corp. (TSX:ERF)(NYSE:ERF) and its peer may deliver tremendous upside for you.

Read more »

Dividend Stocks

Dividend Stocks: 4 Cash Cows Yielding up to 6%

| Haris Anwar

BCE Inc. (TSX:BCE)(NYSE:BCE) and three other stocks are cash cows for income investors.

Read more »

Dividend Stocks

Has the Housing Market Created an Opportunity to Buy This Stock?

| Colin Beck

With fear surrounding the housing market in Canada, is it time for investors to get greedy and buy shares in…

Read more »