Member Login
  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:

  • Procter & Gamble
  • Pembina Pipeline
  • Brookfield Infrastructure Partners
  • Fortis Inc.
  • Polaris Infrastructure

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

coins jump into piggy bank
Dividend Stocks

Retirees: Give Yourself a Raise With This Income Stock

| Joey Frenette

Whether rate cuts go up or down, income investors can diversify across GICs and dividend stocks.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

Passive-Income Champion: 1 Stock Yielding Over 8.5%

| Joey Frenette

BCE (TSX:BCE) stock is getting way too cheap, even as its dividend swells to obscene levels.

Read more »

data analyze research
Dividend Stocks

Investors: 3 Hidden CRA Taxes to Watch For

| Andrew Button

If you hold quality stocks like Royal Bank of Canada (TSX:RY) long term in a TFSA, you probably won't pay…

Read more »

how to save money
Dividend Stocks

RRSP Investors: 2 TSX Dividend Stocks for 2025

| Andrew Walker

These dividend stocks have raised their distributions annually for decades.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Earn $4,275 Per Year Inside Your TFSA

| Andrew Walker

TFSA investors can combine GICs and dividend stocks to reduce risk and increase yield.

Read more »

Income and growth financial chart
Dividend Stocks

2 Top TSX Dividend Stocks With Yields Above 5%

| Andrew Walker

These dividend stocks still trade at discounted prices.

Read more »

monthly desk calendar
Dividend Stocks

This 8.5% Dividend Stock Pays Cash Every Month 

| Puja Tayal

Are you seeking immediate returns from your investments? This 8.5% dividend stock can start paying you cash every month.

Read more »

A worker drinks out of a mug in an office.
Dividend Stocks

This 5.2% Dividend Stock Pays Cash Every Month

| Amy Legate-Wolfe

If you want a solid dividend stock, you need a solid sector. And this is the top one to buy.

Read more »

hand stacks coins
Dividend Stocks

Dividend Fortunes: 2 Canadian Stocks Leading the Way to Retirement

| Andrew Button

Brookfield Asset Management (TSX:BAM) stock is paying many Canadians a fortune in retirement.

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

This High-Yielding Dividend Stock Remains a Top Choice for Passive Income

| Chris MacDonald

Here's why Enbridge (TSX:ENB) is a top high-yielding dividend stock long-term investors may want to consider right now.

Read more »

bulb idea thinking
Dividend Stocks

Is Fortis Stock a Buy for Its 4% Dividend Yield?

| Demetris Afxentiou

Want a great long-term stock with defensive appeal and a tasty dividend yield? Fortis(TSX:FTS) has all that and more.

Read more »

data analyze research
Dividend Stocks

This 7.3% Dividend Stock Pays Cash Every Month

| Amy Legate-Wolfe

This dividend stock is a top stock for those wanting monthly cash, so let's get into why.

Read more »

rising arrow with flames
Dividend Stocks

2 Dividend Growth Stocks to Buy as the Market Heats Up

| Joey Frenette

Alimentation Couche-Tard (TSX:ATD) and another severely undervalued dividend grower worth pursuing this November.

Read more »

chart reflected in eyeglass lenses
Dividend Stocks

3 No-Brainer Stocks to Buy Right Now for Less Than $15

| Amy Legate-Wolfe

There are cheap stocks, and then there are undervalued stocks. And these three are cheap, undervalued, and no-brainer buys.

Read more »

Canadian energy stocks are rising with oil prices
Dividend Stocks

5 Incredibly Cheap Industrial Stocks to Buy Now

| Amy Legate-Wolfe

If you're looking for cheap stocks set up for a supersized rise, these three industrial stocks should be right at…

Read more »

Close up of an egg in a nest of twigs on grass with RRSP written on it symbolizing a RRSP contribution.
Dividend Stocks

2 RRSP Stocks That Canadians Should Add to Their Portfolios in October

| Puja Tayal

The RRSP withdrawals are taxable. Consider investing in dividend stocks that can give maximum returns from minimum investments.

Read more »

ways to boost income
Dividend Stocks

Is Great-West Lifeco Stock a Buy for its 4.65% Dividend Yield?

| Amy Legate-Wolfe

GWO stock has a strong dividend yield that looks mighty appealing. But is that enough to buy this stock?

Read more »

dividends can compound over time
Dividend Stocks

Is BCE Stock a Buy for its 8.7% Dividend Yield?

| Puja Tayal

Should you buy BCE stock for its 8.7% dividend yield?

Read more »

A tractor harvests lentils.
Dividend Stocks

A Few Years From Now, You’ll Wish You Bought This Undervalued Stock

| Amy Legate-Wolfe

If there's one thing we always need, it's food. So why is this top dividend stock undervalued?

Read more »

Dividend Stocks

2 Incredible Dividend Stocks to Hold in a TFSA for the Long Term

| Joey Frenette

Telus (TSX:T) and another dividend stock could gain considerably over the next 18-24 months.

Read more »

bulb idea thinking
Dividend Stocks

Want a 4.3% Yield? The 3 TSX Stocks to Buy Today

| Daniel Da Costa

If you're looking for top TSX dividend stocks to buy now and confidently own for years, these three are among…

Read more »

Hourglass projecting a dollar sign as shadow
Dividend Stocks

Grab This 8.7% Dividend Yield Before It’s Gone!

| Puja Tayal

Going by the Rule of 72, an 8.37% dividend yield can double your money in over eight years if you…

Read more »

clock time
Dividend Stocks

Have $500? 2 Absurdly Cheap Stocks Long-Term Investors Should Buy Right Now

| Jitendra Parashar

These two fundamentally strong but absurdly cheap dividend stocks could help you gain big in the long run.

Read more »

rail train
Dividend Stocks

Is CNR stock a Buy, Sell, or Hold for 2025?

| Kay Ng

CNR is a blue-chip stock that could be a core holding for conservative, long-term investors targeting capital preservation and steady…

Read more »

An investor uses a tablet
Dividend Stocks

BCE vs. Enbridge: Which Dividend Stock Is Better Today?

| Andrew Walker

BCE and Enbridge offer high dividend yields. Is one stock safer to buy right now?

Read more »

A plant grows from coins.
Dividend Stocks

2 Top TSX Stocks for Dividend Growth

| Andrew Walker

These stocks have increased their dividends annually for decades.

Read more »

Canadian dollars in a magnifying glass
Dividend Stocks

TFSA Passive Income: How to Earn $2,500 of Tax-Free Income Per Year

| Robin Brown

Do you want to get a boost of tax-free passive income? Try this simple TFSA portfolio for $2,500 (and more)…

Read more »

Canadian Dollars bills
Dividend Stocks

2 High-Yield Canadian Dividend Stocks for TFSA Passive Income

| Andrew Walker

These Canadian dividend stocks trade at discounted prices and offer high yields for a self-directed TFSA focused on passive income.

Read more »

a man relaxes with his feet on a pile of books
Dividend Stocks

Passive-Income Hunters: 2 Dividend Heavyweights Yielding Over 7%

| Joey Frenette

Laurentian Bank (TSX:LB) and another top dividend heavyweight have yields that have really swelled!

Read more »

Confused person shrugging
Dividend Stocks

Could Brookfield Become the Next Berkshire Hathaway?

| Andrew Button

Brookfield (TSX:BN) and Berkshire Hathaway (NYSE:BRK.B) are often compared to each other.

Read more »

Asset Management
Dividend Stocks

1 Dividend Stock Down 18% to Buy Right Now

| Amy Legate-Wolfe

BCE stock has a lot of work to do to get back on top. But don't count out this dividend…

Read more »

Hand Protecting Senior Couple
Dividend Stocks

3 Best Canadian Stocks I’d Buy and Hold Forever

| Sneha Nahata

These Canadian companies perform well, regardless of the market, making them attractive investments in all market conditions.

Read more »

TFSA (Tax free savings account) acronym on wooden cubes on the background of stacks of coins
Dividend Stocks

Passive Income: 2 High-Yield Canadian Dividend Stocks for a TFSA

| Andrew Walker

These stocks still offer attractive yields for TFSA income investors.

Read more »

dividends can compound over time
Dividend Stocks

Want 6% Yield? The 3 TSX Stocks to Buy Today

| Sneha Nahata

These Canadian dividend stocks offer high yields of 6% and above, making them compelling investments for steady passive income.

Read more »

young people stare at smartphones
Dividend Stocks

Dividend Investors: Is BCE Stock a Buy, Sell, or Hold?

| Andrew Walker

BCE's dividend yield is near 9%. Is the distribution safe?

Read more »

money goes up and down in balance
Dividend Stocks

Is Restaurant Brands International Stock a Buy, Sell, or Hold for 2025?

| Amy Legate-Wolfe

QSR stock has been a strong company over the years, but hasn't been without hiccoughs. So what about for the…

Read more »

hot air balloon in a blue sky
Dividend Stocks

2 Soaring Stocks I’d Buy Now Without Hesitation

| Andrew Button

I would buy EQB Inc (TSX:EQB) stock without hesitation.

Read more »

how to save money
Dividend Stocks

Is Alimentation Couche-Tard Stock a Buy for Its 1% Dividend Yield?

| Jitendra Parashar

Despite a low dividend yield, Couche-Tard stock’s strong financials and strategic expansion plans make it an attractive buy for long-term…

Read more »

A worker wears a hard hat outside a mining operation.
Dividend Stocks

2 Stocks I’d Avoid in 2025 (and 1 I’d Buy)

| Amy Legate-Wolfe

Some sectors, and companies therein, may not have a great year next year. But there is one that could blast…

Read more »

senior relaxes in hammock with e-book
Dividend Stocks

Passive Income: How Much Do You Need to Invest to Make $400 Per Month?

| Aditya Raghunath

Down 38% from all-time highs, Brookfield Renewable stock remains a top choice for passive income seeking investors.

Read more »