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

Dividend Stocks

TFSA Investors: 1 Cheap Dividend Stock That Could Soar in 2025

| Andrew Walker

This dividend-growth stock now trades at a discounted price and offers a 7% yield.

Read more »

Dividend Stocks

1 Dividend Stock Down 13% to Buy Right Now

| Puja Tayal

Are you looking for a buy-the-dip opportunity? This dividend stock is down 13% and is a buy right now before…

Read more »

Dividend Stocks

2 Magnificent Stocks to Buy That Are Near 52-Week Lows 

| Chris MacDonald

Here are two magnificent stocks long-term investors will want to consider for outsized gains during this coming rally.

Read more »

Dividend Stocks

How to Build a Monthly Passive-Income Portfolio in Retirement With Just $7,000

| Amy Legate-Wolfe

This monthly paying dividend stock is one of the best ways to create a passive income portfolio in retirement. It's…

Read more »

Dividend Stocks

1 Incredible Dividend Stock to Buy Now and Hold Forever

| Joey Frenette

Enbridge (TSX:ENB) stock looks way too cheap to ignore if you seek a dividend heavyweight for cheap this June!

Read more »

Two seniors float in a pool.
Dividend Stocks

Why I Can’t Stop Buying Shares of This Magnificent High-Yield Dividend Stock in My Retirement Account

| Puja Tayal

The way the economy is moving, retirement could be scary. You need a dividend stock that moves in tandem with…

Read more »

Dividend Stocks

2 Must-Have Canadian Monthly Dividend Stocks for Starting Out

| Jitendra Parashar

These two top Canadian monthly dividend stocks could help new investors create a reliable source of passive income.

Read more »

Dividend Stocks

2 Bargains I’d Buy as They Dip Toward 52-Week Lows

| Puja Tayal

Buying a stock at its 52-week low is a bargain when you are confident this stock will recover sooner or…

Read more »

Dividend Stocks

2 Market-Beating TSX Stocks That Are Still Buys Today

| Brian Paradza, CFA

goeasy (TSX:GSY) stock has easily beaten the TSX. Together with Celestica (TSX:CLS), the growth stocks could gain much more value…

Read more »

Dividend Stocks

TFSA Investors: 3 Dividend Stocks to Buy and Hold Forever

| Sneha Nahata

TFSA investors can earn reliable dividend income for decades with these Canadian stocks.

Read more »

Dividend Stocks

BCE Stock Down 37%: Is it a Buy or a Value Trap?

| Puja Tayal

BCE's two-year-long downturn has put the stock at a 37% discount from its April 2022 high. Is this stock a…

Read more »

Dividend Stocks

1 Crazy-Cheap Canadian Stock Down 17.5% to Buy and Hold Forever

| Amy Legate-Wolfe

Revenue might have fallen, but sales are at record highs for this dividend stock that looks cheap no matter how…

Read more »

Dividend Stocks

TFSA Pension: Earn $5,065 Per Year in Tax-Free Income

| Amy Legate-Wolfe

Are you looking for tax-free income in retirement? This dividend stock can help you get there!

Read more »

Dividend Stocks

Portfolio Payday: 3 TSX Dividend Stocks That Pay Monthly

| Aditya Raghunath

Investors can expect to earn monthly dividend income for life by adding these three TSX stock to their portfolios.

Read more »

A plant grows from coins.
Dividend Stocks

3 Cheap Canadian Stocks That Offer 7% Dividend Yields

| Andrew Walker

Retirees looking to build pension portfolios have an opportunity to buy great TSX dividend-growth stocks at discounted prices.

Read more »

dividends grow over time
Dividend Stocks

2 Dividend Stocks That Can Generate $2,000 in Passive Income by 2025

| Aditya Raghunath

Investing in high-dividend stocks such as Whitecap can help you generate $2,000 in annual passive income by 2025.

Read more »

Dividend Stocks

Should You Invest in BCE Stock for its Dividend?

| Puja Tayal

BCE stock is not yet out of the woods. But this article could change your perspective about the stock and…

Read more »

sale discount best price
Dividend Stocks

Bargain Hunting for Dividends: 3 High-Yield Stocks Haven’t Been This Cheap in Years

| Brian Paradza, CFA

Enbridge (TSX:ENB) stock's key enterprise value multiple reached a new multi-year low recently. BCE remains a high-yield dividend play while…

Read more »

Dividend Stocks

Cash in Your Pocket: 3 TSX Dividend Stocks That Pay Out Monthly

| Kay Ng

Bolster your monthly income with these three dividends stocks that act like regular paycheques.

Read more »

A plant grows from coins.
Dividend Stocks

Beat the TSX Index With These Cash-Gushing Dividend Stocks

| Robin Brown

These cash flow-rich stocks are more likely to gush passive dividend income streams long into the future.

Read more »

Dividend Stocks

Here Are My Top 5 Dividend Aristocrats to Buy Right Now

| Andrew Button

Canadian National Railway (TSX:CNR) is a Dividend Aristocrat with 27 years of dividend growth.

Read more »

Dividend Stocks

The Smartest Canadian Dividend Stocks to Buy With $500 Right Now

| Jitendra Parashar

Besides their years-long dividend-growth track record, the strong fundamentals of these Canadian dividend stocks make them really attractive to buy…

Read more »

Dividend Stocks

No, the CPP Didn’t Squander $46 Billion of Taxpayer Money

| Andrew Button

The Globe and Mail claimed that the CPP Board mismanaged Canadians' money, but it beat the returns earned by the…

Read more »

Dividend Stocks

Better Buy: Telus or BCE Stock

| Andrew Button

BCE (TSX:BCE) has a higher dividend yield than Telus (TSX:T). Is it a better buy?

Read more »

Dividend Stocks

This High-Yield Dividend Stock Is a Monster Passive-Income Machine 

| Andrew Walker

This top TSX dividend-growth stock offers a 7.4% yield.

Read more »

Hourglass projecting a dollar sign as shadow
Dividend Stocks

For a Shot at $5,000/Year in Passive Income, Buy 6,850 Shares of This TSX Stock

| Aditya Raghunath

Whitecap Resources is a monthly dividend stock that offers you a tasty dividend yield while trading at a cheap valuation.

Read more »

Dividend Stocks

Love Value Stocks? 2 That Are Screaming Buys in May 2024

| Kay Ng

Patience can pay off by investing in these two value stocks with nice dividends and the potential to turn around.

Read more »

Dividend Stocks

2 Everlasting Canadian Stocks for Your RRSP

| Andrew Button

The Canadian National Railway (TSX:CNR) stock is worth owning for the long haul.

Read more »

Dividend Stocks

3 Stocks Set for Dividend Increases This Year

| Kay Ng

Here are three TSX stocks that are set to increase their dividends later this year.

Read more »

Dividend Stocks

EQB Inc Stock: Buy, Sell, or Hold

| Andrew Button

EQB Inc (TSX:EQB) is Canada's fastest-growing bank.

Read more »

Dividend Stocks

Enbridge Stock: Buy, Sell, or Hold Today?

| Andrew Walker

Enbridge is up 7% in the past six months. Are more gains on the way?

Read more »

Dividend Stocks

The 2 Stocks Every Dividend Investor Should Own for Reliable Cash

| Adam Othman

Dividend stocks offering consistent and reliable returns can be a crucial asset in any portfolio, especially for income-producing dividend portfolios.

Read more »

Dividend Stocks

2 Dividend Stocks to Double Up on Right Now

| Andrew Walker

These top TSX dividend-growth stocks now offer yields above 7%.

Read more »

Dividend Stocks

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

| Adam Othman

Building a large, tax-free nest egg in your TFSA with growth stocks can give you more control over your tax…

Read more »

Women's fashion boutique Aritzia is a top stock to buy in September 2022.
Dividend Stocks

May Boycotts: Is Loblaw Stock in Trouble?

| Adam Othman

Even extreme fluctuations in consumer purchasing patterns may not impact a stock as aggressively as demoralizing actions like boycotts.

Read more »

Dividend Stocks

Want $2,000 in Annual Dividends? Invest $27,000 in These 3 Stocks

| Rajiv Nanjapla

These three top dividend stocks could help earn a stable passive income.

Read more »

Dividend Stocks

Earn $100 Monthly With a Simple $17,025.75 Investment

| Christopher Liew, CFA

A less than $20,000 investment in a high-yield energy stock can produce $100 every month.

Read more »

Dividend Stocks

3 Absurdly Cheap Stocks to Buy and Hold for Years

| Demetris Afxentiou

Looking for some great stocks to buy for long-term growth? Here are three absurdly cheap stocks that are impossible to…

Read more »

Dividend Stocks

Innergex Cut its Dividend: Is the Stock Still a Buy?

| Adam Othman

While a dividend cut is bad news for existing investors, it may present a good buying opportunity for new investors.

Read more »

A tractor harvests lentils.
Dividend Stocks

2 Bargain-Priced Stocks With Obvious Growth Potential

| Christopher Liew, CFA

Two bargain-priced stocks with visible growth potential should break out and recover from a slump with the coming tailwind.

Read more »