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

TSX Stocks: 2 Clear Winners After Earnings Season

| Daniel Da Costa

These stocks' most recent earnings reports confirm they are two of the top investments to make on the TSX in…

Read more »

Dividend Stocks

Got $3,000? 3 Super Dividend Stocks to Buy and Hold

| Ambrose O'Callaghan

TSX investors with some cash on hand should consider stashing dividend stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS) in late August.

Read more »

Dividend Stocks

Looking for Temporary Income? The Canada Revenue Agency Can Help You in 3 Ways

| Vineet Kulkarni

Canada Revenue Agency: The federal government has announced three additional benefits for those who do not qualify for EI.

Read more »

Dividend Stocks

Revealed: My Top 3 TSX Stocks So Far in 2020

| Daniel Da Costa

2020 has been a great year for savvy investors to make a lot of money. Here are three of the…

Read more »

Dividend Stocks

2 Top Stocks Yielding 7% With 30% Upside Potential!

| Andrew Walker

Here's why these two top Canadian dividend stocks appear cheap today.

Read more »

Dividend Stocks

TFSA: 2 Dividend Stocks Yielding up to 10% to Buy Now

| Ambrose O'Callaghan

Canada housing continues to impress, which should drive TFSA investors to dividend stocks like Genworth MI Canada Inc. (TSX:MIC).

Read more »

Coronavirus

The CRA’s CERB Is Extended as Justin Trudeau Announces $37 Billion Plan

| Aditya Raghunath

The Canada Emergency Response Benefit has been extended for another month, as Trudeau details a $37 billion package for Canadians.

Read more »

Dividend Stocks

3 Reasons I’ll Never Sell Shaw Communications (TSX:SJR.B)

| Demetris Afxentiou

Shaw Communications (TSX:SJR.B)(NYSE:SJR) is unlike any of the telecoms. Here's why that matters and why you should hold Shaw forever.

Read more »

Dividend Stocks

EXTENDED TAX DEADLINE: 3 Tax Breaks That Could Save You Money by September 30!

| Andrew Button

If you hold ETFs like the iShares S&P/TSX 60 Index Fund (TSX:XIU) in an RRSP, you'll get a tax break…

Read more »

Bank Stocks

Which Is the Cheapest Big Canadian Bank Stock? Should You Buy Now?

| Kay Ng

Which is the most undervalued Big Six Canadian bank stock? Is it the best dividend stock to buy now in…

Read more »

Dividend Stocks

Warren Buffett Just Bought Gold: Should You?

| Christopher Liew, CFA

The mining sector got a big lift with Warren Buffett’s recent purchase of the Barrick Gold stock. Investors looking for…

Read more »

Dividend Stocks

Enbridge (TSX:ENB) Dividend: Buy or Sell?

| Christopher Liew, CFA

The Enbridge stock is a must-buy for investors seeking a growing income stream. Its dividends are safe from the market…

Read more »

Bank Stocks

Is TD Bank Stock a Buy Before Earnings?

| Victoria Hetherington

With TD Bank (TSX:TD)(NYSE:TD) due to report earnings on Thursday for its most recent quarter, the question is: Should you…

Read more »

Dividend Stocks

If You’ve Got $1,000 to Invest, Buy This Warren Buffett TSX Stock

| Joey Frenette

Suncor Energy Inc. (TSX:SU)(NYSE:SU) stock looks like a compelling option for Canadian investors who want to invest like Warren Buffett.

Read more »

Dividend Stocks

Canada Is Due for a Severe Housing Market Crash

| Adam Othman

As the housing market bubble looks ripe to burst, consider investing a non-cyclical stock like TransAlta Renewables.

Read more »

Dividend Stocks

33% of Canadians Made This TFSA and RRSP Mistake

| Adam Othman

Don’t make this TFSA and RRSP mistake. Use these accounts to hold assets like the Toronto-Dominion Bank stock for the…

Read more »

Dividend Stocks

3 Dividend Stocks Perfect for Your Retirement Portfolio

| Sneha Nahata

Looking to buy dividend stocks for your retirement portfolio? Consider buying these three TSX stocks with high yields.

Read more »

Dividend Stocks

3 Recession-Proof Dividend Stocks Yielding Over 4.5% for Your TFSA

| Aditya Raghunath

Here's how TFSA investors can generate over $1,400 in annual tax-free dividend payments.

Read more »

Dividend Stocks

Will Canadian Banks’ Higher Earnings This Week Boost the TSX Index?

| Vineet Kulkarni

Canadian banks are expected to report higher quarterly earnings this week against Q2 2020. Will it help the TSX Index…

Read more »

Energy Stocks

Suncor (TSX:SU) or Enbridge (TSX:ENB): Which Energy Stock Is a Better Buy Right Now?

| Sneha Nahata

Energy stocks could rebound sharply on the revival of demand.

Read more »

Dividend Stocks

CANADIANS: 3 New CRA Tax Breaks You Can Claim for 2020!

| Andrew Button

You can save money on taxes by holding stocks like Fortis Inc (TSX:FTS)(NYSE:FTS) in a TFSA.

Read more »

Dividend Stocks

Canada Revenue Agency: A 3-Step Plan to Replace the $2,000 CERB

| Christopher Liew, CFA

The CRA is recommending a three-step plan for Canadians wishing for a suitable CERB replacement. Open a TFSA, save money,…

Read more »

Dividend Stocks

CRA Update: The $500/Week CERB Has Been Extended!

| Robin Brown

Last week the CRA extended the CERB for an additional four weeks. Prepare your own income-stream by maximizing your TFSA…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett: Avoid Air Canada (TSX:AC) Stock

| Adam Othman

As Buffett remains bearish on airlines, here’s a look at Air Canada and whether it makes a good buy right…

Read more »

Dividend Stocks

TSX REITs: Here’s What to Buy Today

| Daniel Da Costa

There are a tonne of opportunities for investors with TSX REITs. Here are the top real estate funds to consider…

Read more »

Dividend Stocks

Canada Revenue Agency: The $12,000 CERB Will End Soon

| Adam Othman

As the CERB ends, you should focus on creating your own passive income through a portfolio of dividend-paying stocks like…

Read more »

Dividend Stocks

Buffett Bought This Gold Stock: Should You Do the Same?

| David Jagielski

Barrick Gold (TSX:ABX)(NYSE:GOLD) is a hot stock to buy this year with its share price already up over 60% in 2020.

Read more »

Dividend Stocks

Better Than Enbridge (TSX:ENB): This Stock Can Turn $3,000 Into $30,000

| Ryan Vanzo

Enbridge Inc (TSX:ENB)(NYSE:ENB) was a terrific stock, but the future is all about Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP).

Read more »

Energy Stocks

Warren Buffett Added to Suncor (TSX:SU) Stock: Should You?

| Kay Ng

Suncor (TSX:SU)(NYSE:SU) stock is an attractive investment today. Once the tide turns, the stock can deliver incredible upside on top…

Read more »

Dividend Stocks

These 3 TSX Dividend Picks Will Armour Your Portfolio Against Market Uncertainty

| Chris MacDonald

Most investors agree there is uncertainty on where the market will go next. If you're looking for dividends and a…

Read more »

Dividend Stocks

Market Crash 2020 Alert: 3 Top TSX Picks That Will Go Through the Roof

| Chris MacDonald

When will the next market crash occur and which stock picks should you keep an eye on? Here's my analysis…

Read more »

Dividend Stocks

Canada Revenue Agency: CERB Extended Again by Another $2,000

| David Jagielski

CERB payments are temporary, but a dividend from Toronto-Dominion Bank (TSX:TD)(NYSE:TD) could last for decades.

Read more »

Dividend Stocks

3 Recession-Resistant Stocks to Buy and Hold

| Kay Ng

We're in a recession. Yet the stock market is near all-time highs. Don't know where to invest safely? Consider these…

Read more »

Dividend Stocks

Better Than Fortis: This Utility Stock Pays 4.5%

| David Jagielski

Fortis Inc (TSX:FTS)(NYSE:FTS) is a great investment, but there are better options out there if you're looking for a higher yield.

Read more »

Dividend Stocks

Undervaluation: You Won’t Believe How Cheap This Bank Stock Has Become!

| Joey Frenette

Canadian Western Bank (TSX:CWB) is a heavily discounted bank stock that value-hunting Canadian investors should look to amid excessive pessimism.

Read more »

Dividend Stocks

Why Warren Buffett Bought More Suncor Energy (TSX:SU) Stock

| Joey Frenette

Suncor Energy Inc. (TSX:SU)(NYSE:SU) is a severely undervalued oil kingpin that Warren Buffett bought more shares of in the second…

Read more »

Dividend Stocks

Canadians: 3 Recession-Resistant Stocks to Buy and Hold

| Ambrose O'Callaghan

Canadians worried about the economy should target recession-resistant stocks like Corby Spirit and Wine Ltd. (TSX:CSW.A) right now.

Read more »

Dividend Stocks

Got an Extra $2,000? 3 Stocks to Consider for Work From Home

| Kyle Walton

Several major Canadian companies have announced the extension of work-from-home policies into 2021. Which stocks will benefit?

Read more »

Dividend Stocks

1 Thing All CERB Recipients Should Be Doing

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) pays a great dividend and it can help supplement your income.

Read more »

Dividend Stocks

Better Buy: Tech or ESG?

| Chris MacDonald

Tech and ESG are two of the most popular niches right now in the market. So where should you put…

Read more »