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

monthly calendar with clock
Dividend Stocks

Buy 2,000 Shares of This Top Dividend Stock for $121.67/Month in Passive Income

| Amy Legate-Wolfe

Want your TFSA to feel like it’s paying you a monthly “paycheque”? This TSX dividend stock might deliver.

Read more »

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

2 Magnificent TSX Dividend Stocks Down 35% to Buy and Hold Forever

| Daniel Da Costa

These two top TSX dividend stocks are both high-quality businesses and trading unbelievably cheap, making them two of the best…

Read more »

happy woman throws cash
Dividend Stocks

This 7.5% Dividend Stock Sends Cash to Investors Every Single Month

| Amy Legate-Wolfe

If you want TFSA-friendly income you can actually feel each month, this beaten-down REIT offers a high yield while it…

Read more »

dividends grow over time
Dividend Stocks

1 Smart Buy-and-Hold Canadian Stock

| Daniel Da Costa

This ultra-reliable Canadian stock is the perfect business to buy now and hold in your portfolio for decades to come.

Read more »

the word REIT is an acronym for real estate investment trust
Dividend Stocks

This 7.7% Dividend Stock Pays Me Each Month Like Clockwork

| Puja Tayal

Understanding the importance of dividend-paying trusts can help you effectively secure monthly income from your investments.

Read more »

space ship model takes off
Dividend Stocks

2 Top Dividend Stocks for Long-Term Returns

| Puja Tayal

Explore how investing in stocks can provide valuable dividends while maintaining your principal investment for the long term.

Read more »

Woman checking her computer and holding coffee cup
Dividend Stocks

How I’d Structure My TFSA With $14,000 for Consistent Monthly Income

| Puja Tayal

Learn how to effectively use your TFSA contributions in 2026 to create consistent income and capitalize on market opportunities.

Read more »

a person watches stock market trades
Dividend Stocks

Analysts Are Bullish on These Canadian Stocks: Here’s My Take

| Amy Legate-Wolfe

Canada’s “boring” stocks are getting interesting again, and these three steady businesses could benefit if rates ease and patience returns.

Read more »

delivery truck drives into sunset
Dividend Stocks

Undervalued Canadian Stocks to Buy Now

| Jitendra Parashar

These two overlooked Canadian stocks show how patient investors can still find undervalued stocks even after a solid market rally.

Read more »

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

A Recession-Resistant Dividend Stock for Lifelong TFSA Income

| Amy Legate-Wolfe

If you want TFSA income that can survive a recession, Power Corp’s “boring” mix of insurance and wealth businesses could…

Read more »

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

A Perfect TFSA Holding That Pays Out Each Month

| Puja Tayal

Decide between two investment strategies with a TFSA. Evaluate the benefits of immediate dividends versus long-term growth potential.

Read more »

dividend stocks bring in passive income so investors can sit back and relax
Dividend Stocks

The Best Dividend Stocks for Canadians in 2026

| Jitendra Parashar

These two Canadian dividend stocks combine reliable income with business strength that could matter even more as 2026 approaches.

Read more »

A woman shops in a grocery store while pushing a stroller with a child
Dividend Stocks

5.8% Dividend Yield: I’m Loading Up on This Monthly Passive Income Stock

| Amy Legate-Wolfe

This grocery-anchored REIT won’t wow you with excitement, but its steady tenants and monthly payout could make it a practical…

Read more »

Hourglass and stock price chart
Dividend Stocks

Year-End Investing: The Top 2 Stocks I’d Buy Before 2026 (and Why)

| Chris MacDonald

These two Canadian blue-chip stocks look well-positioned for another big up year in 2026. Here's why.

Read more »

Asset Management
Dividend Stocks

A Decade From Now, You’ll Be Glad You Bought These Magnificent TSX Dividend Stocks

| Puja Tayal

These companies may not have the most stringent dividend policies, but they put your money to work and give you…

Read more »

hand stacks coins
Dividend Stocks

3 Dividend-Growing Canadian Stocks for Passive Income

| Rajiv Nanjapla

Backed by solid underlying businesses, reliable cash flows, and a proven track record of dividend growth, these three Canadian stocks…

Read more »

Canada Day fireworks over two Adirondack chairs on the wooden dock in Ontario, Canada
Dividend Stocks

2 Canadian Dividend Stars Set for Strong Returns

| Amy Legate-Wolfe

These two “dividend stars” can pay you monthly while their steady, cash-generating businesses quietly work on long-term total returns.

Read more »

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

This TSX Fund Has a 9%+ Yield With Monthly Payouts

| Tony Dong, MSc, CETF®

HDIF is best suited for income-first investors with a high risk tolerance inside a registered account.

Read more »

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

Beyond Telus: These Dividend Heavyweights Look Like Better Buys Today

| Joey Frenette

Bank of Nova Scotia (TSX:BNS) stock might be a safer, steadier bet than the higher-yielding telecom titans.

Read more »

four people hold happy emoji masks
Dividend Stocks

My Favourite Dividend Stocks for Canadians to Buy in 2026

| Puja Tayal

Make 2026 your year for investing in stocks. Find out how to create a profitable investment strategy for optimal returns.

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

Buy 100 Shares of This Premier Dividend Stock for $183 in Passive Income

| Amy Legate-Wolfe

You don’t need a massive portfolio to build TFSA income. Even 100 shares of Canadian Utilities can start a steady,…

Read more »

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

This 4.5% Dividend Stock Pays Cash Each Month

| Daniel Da Costa

This high-quality Canadian dividend stock is highly defensive and offers a growing and sustainable yield.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

2 Canadian Dividend Stocks That Could Deliver Reliable Returns for Years

| Amy Legate-Wolfe

Two quiet Canadian dividend payers, Power Corp and Exchange Income aim to deliver dependable cash and steady growth through cycles.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

1 Cheap Canadian Dividend Stock Down 11% to Buy and Hold Right Now

| Aditya Raghunath

Down 11% from all-time highs, this TSX dividend stock trades at a cheap multiple and offers significant upside potential.

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

RRSP Wealth: 2 Outstanding Canadian Dividend Stocks to Buy in December

| Daniel Da Costa

These two top Canadian dividend stocks are reliable and offer compelling yields, making them some of the best to buy…

Read more »

Business success of growth metaverse finance and investment profit graph concept or development analysis progress chart on financial market achievement strategy background with increase hand diagram
Dividend Stocks

1 Canadian Stock Ready to Surge Into 2026

| Daniel Da Costa

This high-quality Canadian stock doesn't just have the potential to surge in 2026; it could be one of the best…

Read more »

Concept of rent, search, purchase real estate, REIT
Dividend Stocks

The Stocks I’m Most Excited to Buy in 2026

| Daniel Da Costa

These two stocks are incredibly cheap and some of the best-run businesses in Canada, making them two of the best…

Read more »

ETFs can contain investments such as stocks
Dividend Stocks

4 Canadian ETFs to Buy and Hold Forever in Your TFSA

| Daniel Da Costa

These four Canadian ETFs are some of the best investments to buy in your TFSA, especially for beginner investors.

Read more »

monthly calendar with clock
Dividend Stocks

This Monthly Paying TFSA Dividend Stock Yields 13% Right Now

| Amy Legate-Wolfe

A near-13% monthly yield from Allied Properties REIT can work for TFSA income if you can handle office headwinds and…

Read more »

Middle aged man drinks coffee
Dividend Stocks

A TSX Dividend Stock Down 15% From Highs to Buy for Lifetime Income

| Amy Legate-Wolfe

Teck Resources is still well off its highs, but its cash flow, copper focus, and shareholder returns could make today’s…

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

1 Magnificent Canadian Dividend Stock Down 55% to Buy and Hold Forever

| Aditya Raghunath

Down over 50% from all-time highs, Boralex is a Canadian dividend stock that offers you a yield of almost 3%…

Read more »

doctor uses telehealth
Dividend Stocks

This 7% Dividend Stock Pays Cash Each Month

| Jitendra Parashar

With a 7% annual yield paid every month, this Canadian healthcare REIT looks like a great monthly dividend stock for…

Read more »

shoppers in an indoor mall
Dividend Stocks

This Perfect TFSA Stock Yields 6.2% Annually and Pays Cash Every Single Month

| Puja Tayal

Uncover investment strategies using the TFSA. Find out how this account can suit both growth and dividend stocks.

Read more »

shopper chooses vegetables at grocery store
Dividend Stocks

How $35,000 Could Be Enough to Build a Reliable Passive Income Portfolio

| Amy Legate-Wolfe

One defensive REIT could turn $35,000 into steady, tax‑free monthly income, thanks to grocery‑anchored properties, high occupancy, and conservative payouts.

Read more »

investor looks at volatility chart
Dividend Stocks

2 Undervalued Canadian Stocks I’d Scoop Up in 2026

| Aditya Raghunath

Here's why Zedcor and Doman are two undervalued Canadian stocks you should consider buying in December 2025.

Read more »

the word REIT is an acronym for real estate investment trust
Dividend Stocks

Is SmartCentres REIT a Buy for Its 7% Dividend Yield?

| Rajiv Nanjapla

Given its solid growth prospects, dependable cash flow profile, and high yield, SmartCentres is an ideal buy for income-seeking investors.

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

2 Low-Risk Stocks With Strong Dividends

| Joey Frenette

Canadian Natural Resources (TSX:CNQ) and another dividend payer might be worth picking up just in time for the new year.

Read more »

woman looks at iPhone
Dividend Stocks

Should You Buy Rogers Stock for its 4% Dividend Yield?

| Amy Legate-Wolfe

Rogers’ Shaw deal hangover has kept the stock controversial, but that uncertainty may be exactly why its dividend yield looks…

Read more »

TFSA (Tax-Free Savings Account) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

Top TFSA Stocks for Canadian Investors to Buy Now

| Robin Brown

Time to start thinking how you'll deploy 2026 TFSA contribution space. Here are two top stocks I wouldn't hesitate holding…

Read more »

hand stacking money coins
Dividend Stocks

The Best Stocks to Invest $2,000 in a TFSA Right Now

| Amy Legate-Wolfe

With just $2,000 in a TFSA, these two “boring” Canadian stocks aim to deliver steady dividends and sleep-at-night stability.

Read more »