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

worker carries stack of pizza boxes for delivery
Dividend Stocks

3 Affordable Dividend Stocks That Pay Cash Every Month

| Christopher Liew, CFA

Three price-friendly, small-cap stocks pay generous cash dividends every month.

Read more »

grow money, wealth build
Dividend Stocks

TFSA Investors: 2 Dividend Stocks to Buy Now for Yields Near 6%

| Andrew Walker

These stocks offer high yields yet still look undervalued.

Read more »

Offshore wind turbine farm at sunset
Dividend Stocks

Boost Your Dividend Payments Immediately With This TSX Stock

| Amy Legate-Wolfe

How does a 5.6% dividend yield sound?

Read more »

Man holds Canadian dollars in differing amounts
Dividend Stocks

You Got a CRA Payment? Don’t Blow It. Boost Your Wealth With These Savvy Savings Tips

| Amy Legate-Wolfe

Take those benefits and turn them into even more cash.

Read more »

customer uses bank ATM
Dividend Stocks

CPP Won’t Cut It: How to Boost Your Retirement Income

| Amy Legate-Wolfe

Investing in dividend stocks can help.

Read more »

woman retiree on computer
Dividend Stocks

2 Great Canadian Dividend Stocks to Buy for Passive Income

| Andrew Walker

These stocks have raised their dividends annually for decades.

Read more »

Canadian dollars are printed
Dividend Stocks

Retirees: You’ll Want Your CPP With a Side of This Dividend Stock

| Amy Legate-Wolfe

CPP is great, don't get me wrong. But it's certainly not something retirees can depend on alone. Which is why…

Read more »

Confused person shrugging
Dividend Stocks

3 CRA Red Flags for the Everyday TFSA Investor

| Amy Legate-Wolfe

Millionaires aren't the only ones at risk of the CRA's scrutiny.

Read more »

profit rises over time
Dividend Stocks

Got $12,000 to Invest? Earn (at Least) $1,167 Every Year Without Lifting a Finger

| Christopher Liew, CFA

Dividend investing can generate the desired yearly income with minimal capital and very little effort.

Read more »

clock time
Dividend Stocks

Get Paid Like Clockwork With This 6.5% Canadian Dividend Stock

| Christopher Liew, CFA

A high-yield Canadian dividend stock is best for investors looking for stable monthly income streams.

Read more »

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

2 TFSA Stocks to Buy Right Now With $2,000

| Amy Legate-Wolfe

The TFSA is an astute choice for those wanting to create long-term income, or who need short-term cash. And these…

Read more »

Man in fedora smiles into camera
Dividend Stocks

The OAS Maximum Is Not Enough, but This Dividend Stock Can Help

| Amy Legate-Wolfe

Set aside some cash to invest this top dividend stock.

Read more »

hand stacks coins
Dividend Stocks

TFSA 101: Earn $2,010 per Year Tax-Free

| Robin Brown

Here's how your TFSA can compound passive income over time.

Read more »

coins jump into piggy bank
Dividend Stocks

Invest $10,000 in This Dividend Stock for $480 in Annual Passive Income

| Kay Ng

This stock is reasonably priced today for monthly passive income.

Read more »

shoppers in an indoor mall
Dividend Stocks

This 5 Percent Dividend King Pays Out Every Month

| Aditya Raghunath

Investors looking to boost their dividend income can consider investing in Dividend Kings. These companies have raised their dividends for…

Read more »

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

The Smartest Dividend Stocks to Buy With $1,000 Right Now

| Aditya Raghunath

TSX dividend stocks such as EQB and Hammond Power have grown their payouts at an enviable pace in the last…

Read more »

dividends can compound over time
Dividend Stocks

3 Ultra-High-Yield Dividend Stocks You Can Buy and Hold for a Decade

| Sneha Nahata

These Canadian dividend stocks provide a compelling yield of at least 7% and have reliable payouts.

Read more »

shopper buys items in bulk
Dividend Stocks

Is Loblaw Stock a Buy for its 1.2% Dividend Yield?

| Joey Frenette

Loblaw (TSX:L) stock still looks cheap despite its promising rally over the past year.

Read more »

clock time
Dividend Stocks

3 Top Canadian Dividend Stocks RRSP Investors Shouldn’t Miss

| Andrew Walker

These TSX dividend stocks still look attractive.

Read more »

senior man smiles next to a light-filled window
Dividend Stocks

How to Use Your TFSA to Earn $561/Year in Tax-Free Income

| Amy Legate-Wolfe

With a little strategy, patience, and the right investments, your TFSA can be a passive income powerhouse.

Read more »

Dam of hydroelectric power plant in Canadian Rockies
Dividend Stocks

Better Utility Stock for Canadians: Fortis or Hydro One?

| Adam Othman

When selecting the right utility stock, it's essential to look into the overall return potential and factors that might sustain,…

Read more »

Man looks stunned about something
Dividend Stocks

This Dividend Stock Pays an Astonishing 10.3%

| Amy Legate-Wolfe

Too many investors are simply ignoring this stock.

Read more »

senior relaxes in hammock with e-book
Dividend Stocks

3 Canadian Dividend Stocks for Stress-Free Passive Income

| Sneha Nahata

These Canadian dividend stocks are backed by fundamentally strong businesses. Further, their growing earnings base will drive future payouts.

Read more »

Forklift in a warehouse
Dividend Stocks

How to Use a TFSA to Earn $250 per Month in Tax-Free Passive Income

| Kay Ng

Canadian investors should strategically add Canadian REITs to their TFSA to generate tax-free passive income.

Read more »

Income and growth financial chart
Dividend Stocks

This 5.2% Monthly Dividend Stock Has So Much Room to Grow

| Amy Legate-Wolfe

This monthly dividend stock is a clear winner, and it's one that offers more than just dividend growth, but substantial…

Read more »

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

TFSA Investors: 2 High-Yielding Dividend Stocks to Buy in October

| Adam Othman

Choosing the right dividend stocks for your TFSA portfolio should be a discerning process. You should consider multiple factors, not…

Read more »

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

Is Intact Financial Stock a Buy for its 1.8% Dividend Yield?

| Aditya Raghunath

Intact Financial is a TSX dividend stock that has delivered stellar returns to shareholders in the last 15 years.

Read more »

Sliced pumpkin pie
Dividend Stocks

2 Delicious Dividend Stocks I Plan to Add to My TFSA in October

| Amy Legate-Wolfe

These dreamy dividend stocks can provide you with endless dividends in your TFSA. And it's why I'm considering them right…

Read more »

Hand Protecting Senior Couple
Dividend Stocks

TFSA Pension: How Couples Can Earn $9,500 per Year in Tax-Free Passive Income

| Andrew Walker

This investing strategy can reduce risk and boost returns.

Read more »

shopper buys items in bulk
Dividend Stocks

9.9% Dividend Yield? I’ll Be Buying This TSX Passive-Income Stock in Bulk

| Amy Legate-Wolfe

Why make investing complicated? This ETF makes earning monthly income easy.

Read more »

monthly desk calendar
Dividend Stocks

3 Solid Investments to Bring in Monthly Passive Income

| Aditya Raghunath

Canadian investors can begin a stable and recurring passive stream by buying quality monthly-paying dividend stocks.

Read more »

Income and growth financial chart
Dividend Stocks

4 Trending Canadian Stocks That Offer Long-Term Potential

| Amy Legate-Wolfe

These four Canadian stocks have seen an uptick in buys lately, but don't let that scare you off. Over time,…

Read more »

ways to boost income
Dividend Stocks

2 TSX Stocks That Can Provide Big Income in Retirement

| Aditya Raghunath

Top TSX dividend stocks such as Enbridge and TC Energy are positioned to provide big income for retirees in the…

Read more »

dividends can compound over time
Dividend Stocks

Top Canadian Financial Stocks to Buy Now

| Brian Paradza, CFA

Unlock hidden gems in Canada's booming stock market! Discover two top financial stocks poised to skyrocket your portfolio.

Read more »

Muscles Drawn On Black board
Dividend Stocks

TFSA: 2 Dividend Stocks That Could Rally in 2025

| Adam Othman

These two TSX dividend stocks can be excellent holdings for your TFSA leading into another year of stock market investing.

Read more »

gift is bigger than the other
Dividend Stocks

3 Canadian Dividend Stocks to Double Up on Today

| Amy Legate-Wolfe

Looking for some dividend payers with a large future ahead? These three are certainly the ones to consider first and…

Read more »

man touches brain to show a good idea
Dividend Stocks

The Smartest Dividend Stocks to Buy With $1,000 Right Now

| Sneha Nahata

These dividend stocks focus on paying and increasing their distributions over time, making them the smartest stocks to earn passive…

Read more »

money goes up and down in balance
Dividend Stocks

Is Open Text Stock a Buy for its 3% Dividend Yield?

| Karen Thomas, MSc, CFA

Down almost 10% in the last five years and yielding 3%, Open Text stock is worth considering for its capital…

Read more »

jar with coins and plant
Dividend Stocks

3 Reasons to Buy Brookfield Infrastructure Partners Stock Like There’s No Tomorrow

| Aditya Raghunath

Brookfield Infrastructure is a high dividend TSX stock that trades at a discount to consensus price target estimates.

Read more »

ways to boost income
Dividend Stocks

Retirees: 2 Canadian High-Yield Stocks to Buy Now for Passive Income

| Andrew Walker

These stocks still look cheap and offer attractive yields.

Read more »