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

Dividend Stocks

3 Top Canadian Dividend Stocks to Buy in March 2021

| Robin Brown

Looking to get an income boost in 2021? Here are three top Canadian dividend stocks that are setting up to…

Read more »

Dividend Stocks

RRSP Investors: 2 Undervalued Dividend Stocks to Own for 30 Years

| Andrew Walker

The RRSP deadline is March 1. Canadian savers are wondering which stocks deserve to be top 2021 picks for their…

Read more »

Dividend Stocks

2 Super Stocks That Will Survive Market Volatility

| Christopher Liew, CFA

Investors will have peace of mind as long as holdings are in super stocks. Toronto-Dominion Bank stock and the Telus…

Read more »

Energy Stocks

2 Clean Energy Stocks: Which Will You Buy on this Dip?

| Kay Ng

Looking for clean energy stocks to invest in? Here are two distinct stocks for your consideration.

Read more »

Bank Stocks

Royal Bank (TSX:RY) Stock: Buy, Hold, or Sell After Q1 Earnings?

| Karen Thomas, MSc, CFA

Royal Bank is firing on all cylinders, with strong growth in all of its businesses sending its stock price higher.…

Read more »

Tech Stocks

The 5 Best TSX Stocks to Buy With $5,000 for 2021

| Sneha Nahata

The vaccination, a recovery in demand, and strong secular tailwinds are expected to provide a solid underpinning for growth.

Read more »

Dividend Stocks

3 Top TSX Stocks to Buy Today With $3,000

| Vineet Kulkarni

TSX stocks could continue to soar higher amid the ongoing economic recovery and strong corporate earnings growth.

Read more »

Dividend Stocks

Alert: Mortgage Rates Could Go Higher in 2021

| Vishesh Raisinghani

Mortgage rates could have an impact on Canadian Apartment Properties REIT (TSX:CAR.UN).

Read more »

Caution, careful
Dividend Stocks

Canadians: Be Cautious With This Stock

| Joey Frenette

IGM Financial Inc. (TSX:IGM) could be at risk of a correction over the coming weeks, as the troubled wealth manager…

Read more »

Dividend Stocks

Warren Buffett: The Best Long-Term Stock Picks

| Daniel Da Costa

Warren Buffett looks for businesses that he's confident can be resilient and grow consistently for years, just like this Canadian…

Read more »

Dividend Stocks

Canadian Investors: The Best Dividend Stock to Buy Today!

| Daniel Da Costa

This top Canadian stock could increase its nearly 7% dividend again soon, making it one of the top long-term investments…

Read more »

Dividend Stocks

RRSP Investors: 2 Top TSX Stocks I’d Buy Now and Hold for 20 Years

| Andrew Walker

RRSP investors can still find good deals in the TSX Index today. These two top stocks appear cheap right for…

Read more »

Dividend Stocks

1 TSX Stock to Buy Before it Skyrockets to the Moon

| Adam Othman

Consider buying shares of Cineplex before it recovers to astronomical heights after a recovery.

Read more »

Dividend Stocks

GameStop (NYSE:GME) Stock: $0 or $100?

| Adam Othman

Invest in Lightspeed POS for more reliable and high returns on your investment, as Gamestop looks like it's finally losing…

Read more »

Caution, careful
Dividend Stocks

1 Sneaky Way Your Realtor Might Try to Rip You Off

| Christopher Liew, CFA

Realtors are using a sneaky way to move houses and take advantage of the buyers’ market in 2021. For investors,…

Read more »

Dividend Stocks

TD Bank (TSX:TD) vs. CIBC (TSX:CM): Which Bank Stock Is a Better Buy After Earnings?

| Stephanie Bedard-Chateauneuf, MBA

TD Bank and CIBC joined major rivals in beating first-quarter profit expectations, thanks to lower provisions for loan losses and…

Read more »

Dividend Stocks

CRA Cash Benefit: Big Changes Coming to the $2,000/Month Recovery Benefits

| Puja Tayal

The CRA introduced recovery benefits to help Canadians live with COVID-19. It made changes to them per the recent developments.

Read more »

Tech Stocks

2021 RRSP Deadline: 2 Best Stocks to Buy Now

| Kay Ng

The 2021 RRSP deadline is coming up real soon. Don’t miss your immediate income tax reduction!

Read more »

Dividend Stocks

The 3 Best TSX Dividend Stocks You Can Buy With $100

| Sneha Nahata

Here are the three best TSX stocks that have the potential to consistently pay dividends over the next decade.

Read more »

Dividend Stocks

Market Rally: Time to Buy These Big Dividend Value Stocks?

| Kay Ng

Getting excited about the recent market rally? Returns this year won't be like last year. Here's how to think about…

Read more »

Dividend Stocks

Warren Buffett: Is He Avoiding Canadian Stocks?

| Adam Othman

Warren Buffett exited Barrick Gold and reduced his position in Suncor Energy. Is he bearish on the Canadian equity market,…

Read more »

Dividend Stocks

3 Great Canadian Stocks to Buy With $3,000 in 2021

| Robin Brown

Wondering how to invest $3,000 in 2021? Here are three top Canadian stocks that present value, income, and growth plays…

Read more »

Dividend Stocks

3 Top Dividend Stocks to Buy for March 2021

| Aditya Raghunath

Here's why you can look to invest in quality dividend-paying stocks that are trading at lower valuations.

Read more »

Dividend Stocks

CRA: Brace Yourself for a Busy Tax Season

| Adam Othman

Invest in Fortis Inc. and store it in your TFSA to generate tax-free income that can offset some of your…

Read more »

Dividend Stocks

Retirees: Forget About Vancouver and Toronto! 2 Cities That Are Way Cheaper

| Christopher Liew, CFA

Canadian retirees could cut costs significantly by choosing to relocate in less-expensive cities. To ensure you don’t outlive retirement savings,…

Read more »

Dividend Stocks

Canada Revenue Agency: Just 5 More Days to Make Your RRSP Contributions!

| Andrew Button

If you're making some last-minute RRSP contributions, consider iShares S&P/TSX 60 Index Fund (TSX:XIU).

Read more »

Dividend Stocks

Canadian Stocks: 2 Top Picks to Buy on the Next Pullback

| Daniel Da Costa

These two Canadian stocks are some of the best long-term investments in Canada, making them ideal investments in a market…

Read more »

Dividend Stocks

TFSA Investors: How to Turn $10,000 Into $240,000 in 25 Years

| Andrew Walker

The TFSA is a great tool to set cash aside for retirement. Here's a proven buy-and-hold strategy to build TFSA…

Read more »

Dividend Stocks

RBC (TSX:RY) Smash Estimates in Q1 on Trading Boom

| Stephanie Bedard-Chateauneuf, MBA

RBC (TSX:RY)(NYSE:RY) capital markets operations fueled first-quarter earnings, as volatile equity markets generated record earnings for the division.

Read more »

Dividend Stocks

The CRA Increases $13,000 CRB to $19,000: What Should You Do?

| Puja Tayal

The CRA has extended the $500/week CRB by 12 weeks. Now all eligible Canadians can get up to $19,000 in…

Read more »

Dividend Stocks

2 Dividend Beasts You Won’t Regret Buying in 2021

| Adam Othman

When it comes to passive income, dividend stocks are one of the best options out there, especially if you can…

Read more »

Dividend Stocks

2 Cheap TSX Stocks I’d Buy Now and Hold Forever

| Andrew Walker

The market is getting expensive, but investors can still find a few cheap TSX stocks that deserve to be in…

Read more »

Dividend Stocks

Yes, the Market Will Correct One Day, But Here’s How You Can Prepare

| Christopher Liew, CFA

Investors can’t predict or stop a stock market crash, but they can prepare for any eventuality. One proven tactic is…

Read more »

Dividend Stocks

4 Monthly-Paying Dividend Stocks With Yields Above 7%

| Rajiv Nanjapla

These four dividend stocks provide excellent buying opportunities for income-seeking investors, given their high yields.

Read more »

Dividend Stocks

Warren Buffett Exits Barrick Stock

| Adam Othman

Warren Buffet dumped his latest Canadian acquisition of Barrick Gold. Does that mean you should divest yourself of the shiny…

Read more »

Dividend Stocks

Retirees: How to Prevent the CRA From Taxing Your OAS and CPP Pension!

| Christopher Liew, CFA

Canadian retirees and the CRA will not part ways for as long as there’s income to tax. However, earnings from…

Read more »

Dividend Stocks

It’s Time to Repay the CRA Cash Benefits: Check Your T4A Slip for Details

| Puja Tayal

It is time to repay some or all the CRA cash benefits you got last year. Here’s how you should…

Read more »

Bank Stocks

2 Top Canadian Bank Stocks to Buy Right Now for 2021

| Sneha Nahata

The improving economic outlook, lower provisions for bad loans, and credit growth are expected to drive bank stocks.

Read more »

Dividend Stocks

CRA: 3 Mistakes to Avoid When Filing Your 2021 Taxes

| Christopher Liew, CFA

Canadian taxpayers are advised to avoid three mistakes when filing their tax returns in the 2021 tax season. To derive…

Read more »

Dividend Stocks

Canada Revenue Agency: How to Boost Your Income and Reduce Your Taxes

| Daniel Da Costa

The Canada Revenue Agency has created various tools for Canadians to save on taxes, invest their money, and build long-term…

Read more »