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

senior couple looks at investing statements
Dividend Stocks

Here’s the Average TFSA and RRSP at Age 65 for Canadians

| Amy Legate-Wolfe

Are your TFSA and RRSP pulling their weight at 65? Here’s how to turn average balances into steady, tax-efficient income…

Read more »

Concept of multiple streams of income
Dividend Stocks

The 7.6% Dividend Stock That Pays Cash Every Month

| Aditya Raghunath

Diversified Royalty is a TSX dividend stock that offers you a monthly payout and a forward yield of 7.6% in…

Read more »

Colored pins on calendar showing a month
Dividend Stocks

Monthly Dividend Leaders: 3 TSX Stocks Paying Dividends Every 30 Days

| Brian Paradza, CFA

Stop waiting to get paid. These 3 TSX monthly dividend stocks align with your bills by delivering reliable dividends every…

Read more »

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

How to Use Your TFSA to Earn Ultimate Passive Income

| Amy Legate-Wolfe

Are you feeling the holiday squeeze? See how a TFSA and one dependable dividend stock can build tax-free income and…

Read more »

Two seniors walk in the forest
Dividend Stocks

TFSA Investors: Buy These 3 Stocks For $1,500 Yearly Tax-Free Income

| Robin Brown

Want to get a tax-free cash boost? Here's how you can earn $1,500 in dividends every year inside your TFSA.

Read more »

Close-up of people hands taking slices of pepperoni pizza from wooden board.
Dividend Stocks

Pizza Lovers: This TSX Royalty Trust Pays a 6% Yield With Monthly Dividends

| Tony Dong, MSc, CETF®

Don't buy a pizza franchise – this TSX royalty trust is available in any brokerage account and pays monthly.

Read more »

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

TFSA Investors: 3 Dividend Stocks I’d Buy and Hold Forever

| Daniel Da Costa

These three dividend stocks are all high-quality companies, making them some of the best to buy now for your TFSA.

Read more »

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

TFSA Riches: 2 Stocks to Hold in Retirement and Beyond

| Amy Legate-Wolfe

Two dividend powerhouses could turn your TFSA into a compounding machine with tax-free income and long-term growth.

Read more »

voice-recognition-talking-to-a-smartphone
Dividend Stocks

Dividend Powerhouses: Top Canadian Stocks to Enhance Your Portfolio

| Joey Frenette

Telus (TSX:T) might be one of the stock dividend powerhouses to load up on while the yield is above 9%.

Read more »

Happy golf player walks the course
Dividend Stocks

Could This Undervalued Canadian Stock Be Your Ticket to Millionaire Status?

| Kay Ng

Investors with a high-risk tolerance should take a serious look at goeasy now that it trades at a steep discount.

Read more »

Woman in private jet airplane
Dividend Stocks

Is Air Canada Stock a Good Buy?

| Karen Thomas, MSc, CFA

While Air Canada's stock appears cheap, the airliner is facing many headwinds, such as rising costs and macroeconomic risks.

Read more »

A robotic hand interacting with a visual AI touchscreen display.
Dividend Stocks

1 No-Brainer Dividend Stock to Buy Now and Hold Forever

| Amy Legate-Wolfe

This “boring” Canadian tech name is quietly turning into an AI-and-data cash machine, and it pays you a growing dividend…

Read more »

diversification and asset allocation are crucial investing concepts
Dividend Stocks

Dividends, Growth, or Value? You Don’t Have to Choose With These Top Stocks

| Chris MacDonald

Let's dive into three Canadian stocks that appear to provide it all for long-term investors seeking portfolio stability right now.

Read more »

Thrilled women riding roller coaster at amusement park, enjoying fun outdoor activity.
Dividend Stocks

3 High-Yield Dividend Stocks That Are Screaming Buys Right Now

| Rajiv Nanjapla

These three high-yielding dividend stocks offer attractive buying opportunities due to their healthy cash flows, healthy growth prospects, and high…

Read more »

Piggy bank on a flying rocket
Dividend Stocks

The Smartest Dividend Stocks to Buy With $400 Right Now

| Andrew Button

Alimentation Couche Tard (TSX:ATD) is a good beginner stock.

Read more »

Printing canadian dollar bills on a print machine
Dividend Stocks

Transform Your TFSA Into a Cash-Generating Machine With Just $10,000

| Puja Tayal

Explore the benefits of a TFSA and learn how to maximize your investments with growth and dividend stocks.

Read more »

Senior uses a laptop computer
Dividend Stocks

Retirees: Supplement Your CPP Payments With These 2 Dividend Stocks

| Puja Tayal

CPP alone is not enough for Canadian retirees. Here is a way to create a supplement CPP that helps you…

Read more »

dividends grow over time
Dividend Stocks

Don’t Sleep On These 3 Top TSX Dividend-Growth Stocks in December

| Chris MacDonald

Dividend-growth rates matter more than many investors may think. Here are three of the top stocks in this group investors…

Read more »

engineer at wind farm
Dividend Stocks

3 Blue-Chip Dividend Stocks Every Canadian Should Own

| Sneha Nahata

These industry leaders have the financial strength to sustain and increase their dividends through all phases of the economic cycle.

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

TFSA Wealth Plan: The Single Canadian Stock to Create Million-Dollar Success

| Amy Legate-Wolfe

Enghouse could be the quiet compounder that turns a TFSA into seven-figure, tax-free wealth.

Read more »

Forklift in a warehouse
Dividend Stocks

This Canadian REIT Could Be the Safest Income Play on the TSX

| Daniel Da Costa

Here's why this high-quality Canadian REIT is one of the most reliable dividend growth stocks on the TSX today.

Read more »

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

Billionaires Are Selling NVIDIA and Picking Up Brookfield

| Andrew Button

Superinvestors who bought NVIDIA (NASDAQ:NVDA) are now buying Brookfield (TSX:BN)

Read more »

top TSX stocks to buy
Dividend Stocks

The Smartest Dividend Stocks to Buy With $400 Right Now

| Daniel Da Costa

These two top Canadian dividend stocks offer high yields and reliable payouts, making them two of the smartest stocks to…

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

5 Reasons to Buy and Hold This 1 Canadian Stock Forever

| Amy Legate-Wolfe

This hydrovac leader could be a quiet compounder as North America digs into decades of infrastructure upgrades.

Read more »

hand stacking money coins
Dividend Stocks

3 Under-the-Radar Dividend Stocks With Remarkably Reliable Payouts

| Puja Tayal

Explore the best dividend stocks in Canada across sectors like finance and real estate, focusing on reliable payouts.

Read more »

Canadian Dollars bills
Dividend Stocks

Want Decades of Passive Income? 2 Stocks to Buy Right Now

| Daniel Da Costa

These passive-income generators pay attractive dividends and offer some of the best dividend-growth potential of any stock you can buy…

Read more »

dividend growth for passive income
Dividend Stocks

Here Are the Highest-Yielding Dividend Stocks in Canada for November

| Daniel Da Costa

These two companies are the most reliable high-yielding dividend stocks on the TSX in the current environment.

Read more »

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

The Smartest Dividend Stocks to Buy With $5,000 Right Now

| Brian Paradza, CFA

Invest $5,000 wisely in dividend stars like TD Bank, Enbridge, Granite REIT, and TELUS stock for yields up to 9.2%…

Read more »

shoppers in an indoor mall
Dividend Stocks

The Smartest Dividend Stocks to Buy With $200 Right Now

| Daniel Da Costa

These two top dividend stocks are some of the best long-term investments you can buy in this environment with $200.

Read more »

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

TFSA Income Investors: 3 Stocks With a +5% Monthly Payout

| Robin Brown

Most stocks pay quarterly. Here are three monthly income payers for your TFSA.

Read more »

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

Crucial Investment Theme in 2026: Income vs. Growth

| Christopher Liew, CFA

Growth is a dominant investment theme in 2026, although some investors might move towards income generation due to inflation risks.

Read more »

The virtual button with the letters AI in a circle hovering above a keyboard, about to be clicked by a cursor.
Dividend Stocks

3 Emerging Canadian AI Companies With Big Potential

| Andrew Button

Kraken Robotics (TSXV:PNG) is an under-the-radar AI play.

Read more »

a sign flashes global stock data
Dividend Stocks

2 TSX Giants to Buy for Decades of Growth and Dividends

| Daniel Da Costa

These two impressive dividend growth stocks are some of the best and most reliable companies on the TSX that you…

Read more »

Concept of multiple streams of income
Dividend Stocks

4.6% Dividend Yield! This Profit Generator Never Quits

| Aditya Raghunath

Investors looking to benefit from a growing dividend payout should consider gaining exposure to blue-chip stocks such as TC Energy.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

2 Dead-Easy Canadian Stocks to Buy With $1,000 Right Now

| Amy Legate-Wolfe

Start with $1,000: Hydro One and a global ETF make building a simple, diversified, low-stress TFSA surprisingly easy.

Read more »

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

How to Structure a $50,000 TFSA for Consistent Monthly Income

| Amy Legate-Wolfe

Turn $50,000 in your TFSA into smooth, tax-free monthly income with two steady REITs and a simple, diversified plan.

Read more »

golden sunset in crude oil refinery with pipeline system
Dividend Stocks

Best Stock to Buy Right Now: TC Energy or Enbridge?

| Andrew Walker

TC Energy and Enbridge are on a roll. Is one still undervalued?

Read more »

A Canada Pension Plan Statement of Contributions with a 100 dollar banknote and dollar coins.
Dividend Stocks

Retiring in Canada: A Simple $1,000/Month Dividend Plan to Supplement CPP

| Puja Tayal

Explore the basics of CPP and learn how much you can expect to receive upon retirement in Canada and how…

Read more »

Blocks conceptualizing Canada's Tax Free Savings Account
Dividend Stocks

Here’s the Average TFSA Balance at Age 64 in Canada

| Andrew Button

Holding the iShares S&P/TSX 60 Index Fund (TSX:XIU) can increase your TFSA balance.

Read more »

ETF stands for Exchange Traded Fund
Dividend Stocks

2 Top TSX ETFs to Buy and Hold in a TFSA Forever

| Daniel Da Costa

These two top TSX ETFs are some of the best and most reliable investments to buy and hold in your…

Read more »