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

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

Use the TFSA to Earn $1,804 in Passive Income in 2025

| Aditya Raghunath

Here's how TFSA investors in Canada can use the account to generate a stable stream of passive income every year.

Read more »

Female raising hands enjoying vacation, standing on background of blue cloudless sky.
Dividend Stocks

10 Years From Now, You’ll Be Super Glad After Buying This Booming TSX Stock

| Amy Legate-Wolfe

Finding a great growth stock can be the one thing that powers your portfolio forward. But don't think you have…

Read more »

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

TFSA Passive Income: Earn $3,471.80 This Year

| Amy Legate-Wolfe

By combining the use of a TFSA with a top dividend stock, you could see immense passive income come your…

Read more »

a person prepares to fight by taping their knuckles
Dividend Stocks

Now’s the Time to Look for Defensive Dividend Growth, Starting With These Stocks

| Chris MacDonald

These two Canadian companies provide the kind of defensive dividend growth long-term investors should be after right now.

Read more »

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

Investors: Should You Buy Pembina Pipeline Stock, or Royal Bank Stock?

| Amy Legate-Wolfe

These two dividend stocks have offered investors a long history of payments, but what about the future? Which comes out…

Read more »

Dividend Stocks

Should You Really Worry About the CRA Coming After You for Day Trading Taxes?

| Andrew Button

You won't pay the CRA's day trading tax if you hold stocks like Fortis Inc (TSX:FTS) long term.

Read more »

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

This 9.9% Dividend Stock Pays Cash Every Month

| Amy Legate-Wolfe

By combining the use of your TFSA with monthly dividend stocks like this one, there's no telling how much you…

Read more »

data analyze research
Dividend Stocks

A Dividend Giant I’d Buy Over Suncor Energy Stock

| Aditya Raghunath

Here's why Canadian Natural Resources may outpace Suncor Energy in the upcoming decade.

Read more »

protect, safe, trust
Dividend Stocks

The KISS Method: 2 Defensive TSX Stocks to Buy Now

| Amy Legate-Wolfe

Are you looking for some simple solutions to your investing strategy? Consider the KISS method and two TSX stocks that…

Read more »

Dividend Stocks

Passive Income: 2 REITs to Play Lower Rates

| Jitendra Parashar

Falling interest rates in Canada could help the share prices of these REITs soar in the near future.

Read more »

Dividend Stocks

2 of the Best Stocks to Buy in Canada in 2024

| Puja Tayal

Just as you look at the best deals when shopping for gadgets, here are two best stocks on the TSX…

Read more »

The sun sets behind a power source
Dividend Stocks

A Dividend Powerhouse I’d Buy Over Algonquin Power Stock Right Away

| Amy Legate-Wolfe

Algonquin power (TSX:AQN) looked like the perfect stock back in 2020, but with focus now on survival, it may be…

Read more »

Pile of Canadian dollar bills in various denominations
Dividend Stocks

This 5.38% Dividend Stock Pays Cash Almost Constantly

| Amy Legate-Wolfe

Making income doesn't have to be hard. Investors can certainly create long-term monthly income by just investing in a dividend…

Read more »

Dividend Stocks

2 Popular High-Yield Stocks: Buy, Sell, or Hold?

| Kay Ng

Investors should avoid chasing high yields, which could get cut. Instead, invest in dividend stocks that offer higher growth.

Read more »

Dividend Stocks

How Much Do You Need to Invest to Get $1,500/Month From Dividend Stocks?

| Kay Ng

Based on a 5% portfolio yield, you would need a initial investment of $360,000 today to earn $1,500/month.

Read more »

Dividend Stocks

How to Use Your TFSA to Earn $5,000 Per Year in Tax-Free Income

| Aditya Raghunath

Investing in blue-chip dividend stocks such as Enbridge and holding them in a TFSA can help you earn tax-free income…

Read more »

jar with coins and plant
Dividend Stocks

The Ultimate TSX Stock to Buy With $1,000 Right Now

| Amy Legate-Wolfe

Looking for dividend income as well as growth? Even just $1,000 into this top stock could create massive results through…

Read more »

Dividend Stocks

Invest $10,000 in this TSX Stock for $752 in Passive Income

| Sneha Nahata

With an investment of $10,000, investors earn over $752 annually in passive income.

Read more »

Dividend Stocks

1 Dividend Stock Down 27% to Buy Right Now

| Puja Tayal

This dividend stock is down 27% and is trading at a 36% discount to its net asset value. Now is…

Read more »

clock time
Dividend Stocks

Could Couche-Tard Be the Best-Performing Large-Cap Canadian Stock in 2025?

| Chris MacDonald

Let's dive into whether Alimentation Couche-Tard could be the best-performing stock in 2025 on the TSX, or if downside is…

Read more »

grow money, wealth build
Dividend Stocks

3 Incredible Dividend Growers to Buy Hand Over Fist in August 2024

| Robin Brown

Want some top Canadian dividend growth stocks for your portfolio? These three high quality stocks are bargains today!

Read more »

Dividend Stocks

2 Absurdly Undervalued TSX Stocks to Buy in September 2024

| Amy Legate-Wolfe

Looking for value and dividends? Look no further than these two dividend stocks due for a massive recovery.

Read more »

Piggy bank with word TFSA for tax-free savings accounts.
Dividend Stocks

How to Use Your TFSA to Earn $3,600 per Year in Passive Income

| Tony Dong, MSc, CETF®

This TSX-listed income fund has been paying steady monthly distributions for decades.

Read more »

Dividend Stocks

Invest $7,000 in This Dividend Stock for $657.74 in Passive Income

| Amy Legate-Wolfe

TELUS stock (TSX:T) could be a top choice for investors wanting in on long-term growth – and currently high dividends.

Read more »

Dividend Stocks

TFSA: 2 Rising Dividend Stocks That Still Look Cheap

| Andrew Walker

These stocks still offer high yields for investors seeking passive income.

Read more »

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

How to Use a TFSA to Earn $80.48 Per Month in Tax-Free Passive Income

| Amy Legate-Wolfe

The TFSA can be the perfect place to create monthly recurring revenue, especially when you add up both returns and…

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Optimal Time to Start Taking CPP: 60, 65, or 70?

| Aditya Raghunath

Investing in blue-chip dividend stocks such as Enbridge can help you create game-changing wealth and supplement your CPP payout in…

Read more »

Dividend Stocks

2 Canadian Dividend Stocks to Buy and Hold for Tax-Free Gains

| Amy Legate-Wolfe

These two top dividend stocks could bring your TFSA from an alright performer, to a top-notch passive-income powerhouse.

Read more »

Dividend Stocks

These Stellar Dividend Stocks Now Offer Unreal Yields

| Amy Legate-Wolfe

Are you looking for dividends? These two dividend stocks offer insanely high yields, and the potential for a high recovery…

Read more »

Dividend Stocks

3 Royalty Stocks With Dividend Yields up to 10%

| Amy Legate-Wolfe

These top royalty stocks offer everything you'd want: safety, reliability, and high dividend yields!

Read more »

Dividend Stocks

Dividend Kings: Should Canadians Own These Top Dividend Stocks?

| Amy Legate-Wolfe

The two Dividend Kings on the TSX today may see like a safe choice, but are you trading in growth…

Read more »

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

3 Blue-Chip Stocks Every Single Canadian Should Own

| Amy Legate-Wolfe

These three blue-chip stocks offer investors long-term income as well as growth.

Read more »

Two seniors walk in the forest
Dividend Stocks

2 ‘Forever’ Dividend Stocks to Build Your Wealth

| Kay Ng

Here are two of the top dividend stocks that can make investors wealthy in the long run when you buy…

Read more »

Dividend Stocks

2 Top TFSA ETFs to Buy and Hold Forever

| Amy Legate-Wolfe

Value? Check. Global exposure? Check. All tax-free? Absolutely checked off!

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Dividend Stocks

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

| Sneha Nahata

TFSA investors can enhance their tax-free income potential with these top Canadian dividend stocks.

Read more »

young people stare at smartphones
Dividend Stocks

How Much to Invest to Get $318.39 in Dividends Every Month

| Amy Legate-Wolfe

Looking to make some extra cash before back to school? How about for life? This dividend stock could be just…

Read more »

Dividend Stocks

TFSA: 3 Canadian Stocks to Buy and Hold Forever

| Andrew Button

Canadian railroad stocks like the Canadian National Railway (TSX:CNR) have long-term potential.

Read more »

Dividend Stocks

Beginners: 4 TSX Stocks I’d Buy Right Away!

| Demetris Afxentiou

Are you looking for some of the best TSX stocks to buy? Here are four options that cater to both…

Read more »

data analyze research
Dividend Stocks

The 3 Best Dividend Stocks in Canada Right Now

| Sneha Nahata

These fundamentally strong Canadian stocks have proven histories of paying and increasing dividends in all market conditions.

Read more »

Dividend Stocks

Total Returns: 2 Dividend Stocks for RRSP Investors

| Andrew Walker

These stocks offer high yields and still look attractive at their current prices.

Read more »