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

Middle aged man drinks coffee
Dividend Stocks

10 Years From Now You’ll Be Thrilled You Bought These Outstanding TSX Dividend Stocks

| Brian Paradza, CFA

One high-yield play and one steady grower, both primed for 2035. Checkout TELUS stock's 9% yield, and this steady and…

Read more »

Person holds banknotes of Canadian dollars
Dividend Stocks

Got $1,000? These Canadian Stocks Look Like Smart Buys Right Now

| Amy Legate-Wolfe

Got $1,000? Three quiet Canadian stocks serving essential services can start paying you now and compound for years.

Read more »

dividends can compound over time
Dividend Stocks

To Get More Yield From Your Savings, Consider These 3 Top Stocks

| Chris MacDonald

Looking for yield? Look no further – these three Canadian dividend stocks could set you up for very long-term passive…

Read more »

A red umbrella stands higher than a crowd of black umbrellas.
Dividend Stocks

Best Dividend Stocks for Canadian Investors to Buy Now

| Robin Brown

Explore the benefits of dividend stock investing. Discover sustainable Canadian dividend growth stocks that can boost your total returns.

Read more »

Hiker with backpack hiking on the top of a mountain
Dividend Stocks

How to Use Your TFSA to Earn $420 per Month in Tax-Free Income

| Tony Dong, MSc, CETF®

This fund's monthly $0.10 per share payout makes passive income planning easy inside a TFSA.

Read more »

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

1 Canadian Stock to Rule Them All in 2026

| Daniel Da Costa

This top Canadian stock offers a 4.5% yield, significant long-term growth potential, and an ultra-cheap price heading into 2026.

Read more »

earn passive income by investing in dividend paying stocks
Dividend Stocks

You’ll Thank Yourself in a Decade for Owning These Top TSX Dividend Stocks

| Amy Legate-Wolfe

Two dependable TSX dividend giants can quietly raise payouts and compound for years while you sleep.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Planning Ahead: Optimizing TFSA Contribution Room for 2026

| Amy Legate-Wolfe

Plan your 2026 TFSA now: pick a simple core ETF, automate contributions, and let compounding work while you ignore the…

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

Why I’m Tracking These Dividend Champions Very Closely

| Tony Dong, MSc, CETF®

Both of these ETFs offer low-cost exposure to Canadian and U.S. dividend growth stocks.

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

I’d Buy the Dip on These Low-Risk Stocks

| Puja Tayal

Uncover essential strategies for investing in stocks, especially during dips, to optimize your financial outcomes.

Read more »

Canada day banner background design of flag
Dividend Stocks

4 Canadian Stocks to Buy Now and Hold for the Next 40 Years

| Amy Legate-Wolfe

Build a simple 40‑year TFSA with four holdings providing income, steady growth, industrial balance, and U.S. quality, so you can…

Read more »

resting in a hammock with eyes closed
Dividend Stocks

2 Worry-Free High-Yield Dividend Stocks for 2026

| Sneha Nahata

These high-yield Canadian companies are better positioned to consistently pay dividends regardless of economic situations in 2026.

Read more »

Piggy bank on a flying rocket
Dividend Stocks

A Dividend Giant I’d Buy Over BCE Stock Right Now

| Amy Legate-Wolfe

BCE’s dividend shine has faded, while Great‑West’s steadier cash flows and coverage look more like the dividend giant to own…

Read more »

Partially complete jigsaw puzzle with scattered missing pieces
Dividend Stocks

These Are the Dividends I’d Lock in Before 2026

| Kay Ng

Generating solid dividends forms a good foundation for long-term total returns.

Read more »

some REITs give investors exposure to commercial real estate
Dividend Stocks

This 8.7% Yield TSX Stock Is One I’m Comfortable Holding for the Long Term

| Amy Legate-Wolfe

Firm Capital Property Trust offers about an 8% monthly yield from steady, necessity-based properties, prioritizing reliable cash flow over flashy…

Read more »

A modern office building detail
Dividend Stocks

3 Must-Own Blue-Chip Dividend Stocks for Canadians

| Sneha Nahata

These Canadian blue-chip dividend stocks have paid dividends for decades and are well-positioned to maintain the streak.

Read more »

Person holding a smartphone with a stock chart on screen
Dividend Stocks

Here’s How Many TELUS Shares It Takes to Generate $1,000 in Yearly Dividends

| Amy Legate-Wolfe

TELUS’s slump may be an income opportunity, offering a higher yield and steady cash flow for those with patience while…

Read more »

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

Invest $15,000 in This Dividend Stock for $1,078 in Passive Income

| Amy Legate-Wolfe

Do you want your first $15,000 to start paying you now? Freehold Royalties’s asset‑light model aims to deliver steady monthly…

Read more »

senior couple looks at investing statements
Dividend Stocks

How Married Canadians Can Earn Nearly $10,000 Per Year in Tax-Free Passive Income

| Robin Brown

Here is how a Canadian couple could earn an extra ~$10,000 of tax-free dividend passive income by combining their TFSA…

Read more »

a sign flashes global stock data
Dividend Stocks

3 TSX Stocks to Prepare for a Potential Bear Market

| Chris MacDonald

These top defensive Canadian stocks could be the best ways for investors to play a significant bear market in 2026.…

Read more »

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

How to Rebalance Your Portfolio for 2026

| Demetris Afxentiou

There are plenty of to-dos for investors before the year ends and 2026 starts. One thing to not forget is…

Read more »

Asset Management
Dividend Stocks

3 of the Best Dividend Stocks to Buy for Long-Term Passive Income

| Daniel Da Costa

These three stocks consistently grow their profitability and dividends, making them three of the best to buy now for passive…

Read more »

container trucks and cargo planes are part of global logistics system
Dividend Stocks

Down 32%, This Passive Income Stock Still Looks Like a Buy

| Amy Legate-Wolfe

A beaten‑up freight leader with a rising dividend, why TFII could reward patient TFSA investors when the cycle turns.

Read more »

monthly calendar with clock
Dividend Stocks

Invest $20,000 in This Dividend Stock for $104 in Monthly Passive Income

| Jitendra Parashar

Here is a closer look at a top Canadian monthly dividend stock that can turn everyday retail demand into reliable…

Read more »

man looks surprised at investment growth
Dividend Stocks

This 7.5% TSX Dividend Stock Slashed its Payout by 50% in 2025: Is it Finally a Good Buy?

| Aditya Raghunath

Down more than 30% in 2025, this TSX dividend stock offers you a forward yield of 7.4%, which is quite…

Read more »

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

BNS Stock vs. Enbridge: Better Dividend Stock to Buy?

| Joey Frenette

Bank of Nova Scotia (TSX:BNS) is one fantastic performer that could be in for more earnings beats in 2026.

Read more »

c
Dividend Stocks

1 Canadian Stock to Buy Today and Hold Forever

| Amy Legate-Wolfe

Trash never takes a day off. Here’s why Waste Connections’ essential, low‑drama business can power a TFSA for decades despite…

Read more »

Forklift in a warehouse
Dividend Stocks

Retiring in Canada: Build $1,000 a Month in Dividend Income

| Amy Legate-Wolfe

Granite REIT’s warehouses generate steady monthly cash, and rising cash flow and occupancy show why it can anchor a TFSA…

Read more »

data analyze research
Dividend Stocks

2 Canadian Dividend Giants to Buy and Never Sell

| Amy Legate-Wolfe

Here's why Great‑West and TELUS can power a TFSA with steady cash and decade‑long compounding.

Read more »

Concept of multiple streams of income
Dividend Stocks

1 Smart Buy-and-Hold Canadian Stock

| Daniel Da Costa

This Canadian stock is reliable, has years of potential, and pays a consistently growing dividend, making it one of the…

Read more »

dividends grow over time
Dividend Stocks

2 TSX Giants to Buy and Hold for the Next 20 Years

| Amy Legate-Wolfe

Here's why CP’s rail network and North West’s essential stores can quietly compound while you sleep.

Read more »

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

A Dividend Giant I’d Buy Over Telus Stock Right Now

| Jitendra Parashar

As Telus resets its dividend strategy, this top Canadian dividend stock continues to deliver the consistent income investors value most.

Read more »

Oil industry worker works in oilfield
Dividend Stocks

This 10.7% Dividend Stock Is My Top Pick for Immediate Income

| Aditya Raghunath

Down 42% from all-time highs, Alvopetro Energy is a dividend stock that offers you an annualized yield of 10.7% in…

Read more »

shopper pushes cart through grocery store
Dividend Stocks

Buy 2,000 Shares of This Dividend Stock for $198 a Month in Passive Income

| Amy Legate-Wolfe

A boring, grocery‑anchored REIT paying monthly. Why Slate Grocery REIT could fit a TFSA income plan and the key risks…

Read more »

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

Forget Finance for Dividends, but Are REITs Any Better?

| Amy Legate-Wolfe

Looking beyond banks, this office REIT offers monthly income and diversification, but you’ll need to stomach office headlines and watch…

Read more »

woman checks off all the boxes
Dividend Stocks

2 Ultra-Safe Dividend Stocks to Own for the Next 10 Years

| Jitendra Parashar

If dependable income matters to you more than short-term gains, these ultra-safe dividend stocks deserve a spot in your portfolio.

Read more »

A worker uses a double monitor computer screen in an office.
Dividend Stocks

Should You Buy Telus Stock for its 9.3% Dividend Yield in 2026?

| Aditya Raghunath

Down more than 50% from all-time highs, Telus is a blue-chip dividend stock that offers you a yield of 9.3%.

Read more »

gift is bigger than the other
Dividend Stocks

2 No-Brainer Safe Stocks to Buy Right Now for Less Than $200

| Daniel Da Costa

These two defensive stocks provide consistent growth, pay safe dividends, and you can buy them now for less than $200…

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

This Cash-Gushing Dividend Stock Could Beat the TSX

| Amy Legate-Wolfe

A cash-rich miner pays you now and builds for tomorrow. Here's why DPM could outpace the TSX in a TFSA…

Read more »

Financial analyst reviews numbers and charts on a screen
Dividend Stocks

2 Blue-Chip Stocks Every Canadian Should Own

| Daniel Da Costa

These two top blue-chip stocks are some of the best companies in Canada, making them ideal investments for every Canadian.

Read more »