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

Warning sign with the text "Trade war" in front of container ship
Dividend Stocks

1 Incredible TSX Dividend Stock to Buy While it is Down 25%

| Andrew Walker

This stock could surge when Canada and the U.S. finally sort out their trade agreement.

Read more »

Investor wonders if it's safe to buy stocks now
Dividend Stocks

Is Brookfield Renewable Stock a Buy for its 5.4% Yield?

| Daniel Da Costa

Here's what investors should consider if they're interested in buying Brookfield Renewable stock for its compelling 5.4% dividend yield.

Read more »

stocks climbing green bull market
Dividend Stocks

TFSA 2026: 1 Stock to Help Turn Your $7,000 Contribution Into a Dividend-Growth Powerhouse

| Andrew Walker

This company has increased its dividend annually for more than 30 years.

Read more »

House models and one with REIT real estate investment trust.
Dividend Stocks

A Terrific TFSA Stock Paying 4% Each Month

| Amy Legate-Wolfe

This monthly-paying apartment REIT trades far below its reported asset value, giving TFSA investors income plus potential recovery upside.

Read more »

Real estate investment concept with person pointing on growth graph and coin stacking to get profit from property
Dividend Stocks

A Dividend King to Hold for Decades: The Story of 1 Top TSX Stock

| Andrew Walker

This company has increased the dividend annually for decades.

Read more »

hand stacks coins
Dividend Stocks

Your Path to TFSA Millions: 3 Canadian Stocks for Generational Wealth

| Kay Ng

Turning a TFSA into generational wealth requires owning solid Canadian businesses that can grow through economic cycles. Here are three…

Read more »

diversification is an important part of building a stable portfolio
Dividend Stocks

1 Practically Perfect Canadian Stock Down 38% to Buy and Hold Forever

| Aditya Raghunath

Down almost 40% from all-time highs, goeasy is an undervalued dividend stock that offers upside potential in 2026.

Read more »

ETF is short for exchange traded fund, a popular investment choice for Canadians
Dividend Stocks

These Are My 2 Favourite ETFs to Buy for 2026

| Tony Dong, MSc, CETF®

I'm personally bullish on real assets for 2026. Here are two TSX ETFs that could provide exposure with decent dividends.

Read more »

monthly calendar with clock
Dividend Stocks

A 7.2% Dividend Stock Paying Cash Every Month

| Brian Paradza, CFA

Upgrade from quarterly payouts. This 7.2% dividend stock sends you a cheque every single month, and its payouts are growing.

Read more »

ETF is short for exchange traded fund, a popular investment choice for Canadians
Dividend Stocks

2 Reliable ETFs to Boost Income Without Doing Any Work

| Daniel Da Costa

These two ETFs are some of the best and most reliable investments to buy if you're looking to boost your…

Read more »

data analyze research
Dividend Stocks

2026 Investing Playbook: Balance High Growth With Stability

| Christopher Liew, CFA

A tactical approach to navigate the headwinds in 2026 is to balance high growth with stability.

Read more »

a person watches stock market trades
Dividend Stocks

An Ideal TFSA Stock With a 6.6% Payout Each Month

| Amy Legate-Wolfe

A 6.6% monthly yield looks tempting, but the real story is whether the payout is getting safer.

Read more »

A woman stands on an apartment balcony in a city
Dividend Stocks

It’s Time to Buy: 1 Canadian Stock That Hasn’t Been This Cheap in Years

| Daniel Da Costa

This high-quality Canadian real estate stock is reliable and trading ultra-cheap, making it one of the best stocks to buy…

Read more »

stocks climbing green bull market
Dividend Stocks

3 High-Yield Dividend Stocks Perfect for TFSA Contributions in 2026

| Daniel Da Costa

If you’re looking to boost the passive income your TFSA is generating, here are three reliable high-yield dividend stocks to…

Read more »

A train passes Morant's curve in Banff National Park in the Canadian Rockies.
Top TSX Stocks

1 Reason I Am Buying Canadian National Railway Stock to Hold Forever

| Demetris Afxentiou

Looking for a great stock to buy and hold forever? Here's a superb everyday pick that can provide growth and…

Read more »

RRSP Canadian Registered Retirement Savings Plan concept
Dividend Stocks

What’s the Average RRSP Balance for a 20-Year-Old in Canada

| Amy Legate-Wolfe

At 20, most Canadians aren’t even contributing to an RRSP yet, so starting small can put you ahead quickly.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

Outlook for Bank of Nova Scotia Stock in 2026

| Andrew Walker

Bank of Nova Scotia soared in the second half of 2025. Are more gains on the way?

Read more »

woman looks at iPhone
Dividend Stocks

It’s a Whopping 8.8%, but Is Telus’s Dividend Safe?

| Puja Tayal

Understand the current situation of Telus Corporation and its impact on dividend yields amid high debt challenges.

Read more »

a person prepares to fight by taping their knuckles
Dividend Stocks

Telus Stock vs. Fortis: Which Dividend Giant Wins in 2026?

| Joey Frenette

Telus (TSX:T) has a towering dividend yield, but there are better names to own as well in 2026.

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

The Ideal TFSA Stock: A 7.5% Yield Paying Constant Cash

| Amy Legate-Wolfe

This 7.5%-yield monthly payer looks great in a TFSA, but you need to know what’s really funding the cheque.

Read more »

A child pretends to blast off into space.
Dividend Stocks

1 Canadian Stock Ready to Rocket in 2026

| Adam Othman

Add this TSX tech stock down significantly from its all-time highs and leverage its success as it soars to new…

Read more »

shopper chooses vegetables at grocery store
Dividend Stocks

This 7.7% Dividend Stock Pays Every. Single. Month.

| Amy Legate-Wolfe

This 7.7%-yield monthly REIT gets paid by grocery shoppers, not market hype, which can make TFSA income feel steadier.

Read more »

Dividend Stocks

Best Canadian Stocks to Buy With $7,000 Right Now

| Aditya Raghunath

Investing in undervalued Canadian stocks such as West Fraser Timber should help you deliver outsized returns over the next three…

Read more »

3 colorful arrows racing straight up on a black background.
Dividend Stocks

Want Safe Dividend Income in 2026 and Beyond? Invest in These 3 High-Yield Stocks

| Daniel Da Costa

These three TSX stocks offer both high yields and reliable dividend income, making them three of the top picks to…

Read more »

dividend stocks are a good way to earn passive income
Dividend Stocks

This 3.33% Dividend Stock Pays Cash Every Month

| Karen Thomas, MSc, CFA

Tourmaline, a dividend stock committed to paying out 100% of its excess free cash flow in dividends, is a passive-income…

Read more »

Concept of multiple streams of income
Dividend Stocks

5 Dividend Stocks to Double Up on Right Now

| Kay Ng

Double up on dividend stocks you believe will recover and thrive again.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

Dividend All-Stars: Canadian Stocks That Keep Paying Year After Year

| Kay Ng

These stocks provide long-term stability and income, making them ideal for conservative investors seeking growth with relatively low risk.

Read more »

some REITs give investors exposure to commercial real estate
Dividend Stocks

Want a Fortress in 2026? This Defensive Stock Can Insulate You From Economic Fragility

| Christopher Liew, CFA

A top TSX defensive stock paying quarterly dividends is a fortress if the market turns fragile in 2026.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

TFSA: 3 Canadian Stocks That Are Perfection With a $10,000 TFSA Investment

| Amy Legate-Wolfe

A $10,000 TFSA can snowball faster than you think if you spread it across three very different long-term compounders.

Read more »

A close up color image of a small green plant sprouting out of a pile of Canadian dollar coins "loonies."
Dividend Stocks

Canadian Dividend Giants: Fortis and BCE Are Key Buys for 2026

| Christopher Liew, CFA

Two Canadian dividend giants are key buys in 2026 for defensive positioning and income generation.

Read more »

chart reflected in eyeglass lenses
Dividend Stocks

2 Top Canadian Dividend Stocks to Buy On a Pullback

| Sneha Nahata

These Canadian stocks are dependable choices for earning steady, growing passive income. If their prices dip, it could be a…

Read more »

man in suit looks at a computer with an anxious expression
Dividend Stocks

Canada’s Smart Money is Piling Into This TSX Leader

| Andrew Button

Brookfield Corp (TSX:BN) has a lot of smart money backing.

Read more »

a person watches a downward arrow crash through the floor
Stock Market

2 Stocks I’d Happily Hold Through Any Stock Market Crash

| Karen Thomas, MSc, CFA

Stocks like TD Bank offer investors predictable and resilient earnings and dividends to take you through any stock market crash.

Read more »

person on phone leaning against outside wall with scenic view at airbnb rental property
Dividend Stocks

3 Reliable Dividend Stocks to Lean On in Uncertain Times

| Demetris Afxentiou

Investing in reliable dividend stocks can provide a stable income and protection from market volatility.

Read more »

Happy golf player walks the course
Dividend Stocks

3 of the Best Dividend Stocks to Buy for Lasting Passive Income

| Daniel Da Costa

These three reliable dividend stocks offer attractive yields and reliable income, making them some of the best to buy now.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Top TFSA Stocks for Canadian Investors to Buy Now

| Kay Ng

For long-term capital, Canadian investors should aim to maximize returns with a basket of quality stocks in their TFSAs.

Read more »

Train cars pass over trestle bridge in the mountains
Dividend Stocks

Outlook for Canadian National Railway Stock in 2026

| Aditya Raghunath

Down almost 20% from all-time highs highs, Canadian National Railway stock offers upside potential to shareholders over the next three…

Read more »

Safety helmets and gloves hang from a rack on a mining site.
Stocks for Beginners

Telus Stock Has a Nice Yield, But This Dividend Stock Looks Safer

| Demetris Afxentiou

Telus is widely regarded as a great dividend stock for investors. But with the recent freeze, does that opinion still…

Read more »

Map of Canada showing connectivity
Dividend Stocks

2 Magnificent Stocks to Level Up Your TFSA Income

| Joey Frenette

Telus (TSX:T) stock is just one great high-yielder to boost your income stream on the cheap!

Read more »

dividends grow over time
Dividend Stocks

A 4.4% Dividend Yield! I’m Buying This TSX Stock and Holding for Decades

| Daniel Da Costa

This high-quality TSX stock has significant growth potential, trades at just 6.9 times forward earnings, and offers a 4.4% dividend…

Read more »