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

Buy Alert: The Top Tech and Gold Picks to Beat the Market

| Chris MacDonald

You've probably never heard of my top two stock picks. These will beat the market in these tough times: CGI…

Read more »

Dividend Stocks

CRA Wealth: How You Can Receive $12,400 in COVID Breaks in 2020

| Christopher Liew, CFA

Canadians have CRA wealth during the pandemic through the various COVID-19 breaks. All of them, however, are fleeting. If you…

Read more »

Dividend Stocks

Got $3,000? 3 Dividend All-Star Stocks to Buy and Hold

| Ambrose O'Callaghan

Investors with some cash to spend in August should pick up dividend all-star stocks like Thomson Reuters Corp. (TSX:TRI)(NYSE:TRI) and…

Read more »

Energy Stocks

7% Low-Risk Yield! Lap Up These 2 Dividend-Paying Stocks Now

| Sneha Nahata

Get over 7% yield from these low-risk dividend-paying stocks.

Read more »

Dividend Stocks

CRA Wealth: How to Build Your Own $2,000/Month CERB

| Adam Othman

Generate your own $2,000 per month passive income through a stock like Bank of Nova Scotia as an ideal long-term…

Read more »

Dividend Stocks

This Wireless Provider Profits Sank 64% Due to COVID-19

| Adam Othman

COVID-19 pandemic caused internet usage across the globe to go through the roof, but at the same time, telecom networks…

Read more »

Dividend Stocks

Will Clueless Investors Cause the Next Stock Market Crash?

| Adam Othman

Consider investing in the Fortis stock for its stability if another market crash happens due to the stock market bubble…

Read more »

Dividend Stocks

Bank of Montreal (TSX:BMO): Should You Buy Before a Big Bank Bounce?

| Joey Frenette

Bank of Montreal (TSX:BMO)(NYSE:BMO) looks like the best bank for your buck as the Canadian economy looks to recover from…

Read more »

Dividend Stocks

BUY ALERT: This Grocer Is 1 of the Best TSX Stocks to Buy Now

| Stephanie Bedard-Chateauneuf, MBA

Metro (TSX:MRU) is one of the best Canadian stocks to buy now. This recession-proof stock is performing remarkably well, despite…

Read more »

Dividend Stocks

3 Top Canadian Dividend Stocks for Retirees

| Andrew Walker

Are you a retiree searching for reliable dividends? These top stocks deserve to be on your radar today.

Read more »

Dividend Stocks

Got $2,000? Invest in These 2 Top TFSA Stocks!

| Victoria Hetherington

Discover today why top TSX stocks like TD Bank (TSX:TD)(NYSE:TD) are practically tailor-made for a Tax-Free Savings Account.

Read more »

Dividend Stocks

CRA Cash: Your Family Could Receive $24,000 CERB Payments Now

| Christopher Liew, CFA

A husband and wife displaced by COVID-19 and lost jobs can receive $12,000 CERB each. But after the payments stop…

Read more »

Dividend Stocks

Is Your CRA CERB Ending Soon? Do This to Keep Getting $2,000 a Month

| Kay Ng

Don't worry if your CRA CERB is running out, because you can get $2,000 a month from doing this.

Read more »

Metals and Mining Stocks

This 1 Stock Could See +250% Returns by 2025

| Victoria Hetherington

Long on gold? Here’s why investors should consider waiting for a pullback before buying Barrick Gold (TSX:ABX)(NYSE:GOLD).

Read more »

Dividend Stocks

Buy This 1 Great Canadian Stock in August

| Victoria Hetherington

Cargojet (TSX:CJT) could have significant upside. But why is it down this week, and what sets it apart from other…

Read more »

Dividend Stocks

Bargain Alert: 3 High-Yield Financial Stocks on Sale Right Now

| Kyle Walton

Since March, these three blue-chip financial stocks have offered higher dividend yields than they have at any time in the…

Read more »

Dividend Stocks

CRA Cash: What CERB Changes Could Come in September?

| Puja Tayal

The CRA will end the $2,000 CERB in September. But it will introduce an alternative and ensure a seamless transition…

Read more »

Dividend Stocks

Warren Buffett: NOW Is the Time to Invest and Get Rich!

| Andrew Button

If you believe in Warren Buffett's investing philosophy, it might be a good time to look at Restaurant Brands International…

Read more »

Dividend Stocks

Canada Revenue Agency: Did You Get the $400 Emergency GST Credit?

| Adam Othman

Invest your tax savings through the emergency GST tax credit in a stock like Lightspeed POS to grow it into…

Read more »

Dividend Stocks

A Looming Climate Crisis Could Cause the Next Market Crash

| Adam Othman

Consider investing in renewable energy through a portfolio of stocks like Brookfield Renewable Partners, because a climate crisis could cause…

Read more »

Dividend Stocks

8.5 Million Canadians Received CERB — but It Will End Soon

| Christopher Liew, CFA

With CERB reaching its end game, it would be good to start saving after the pandemic. You can use your…

Read more »

Dividend Stocks

CRA $12,000 CERB Update: When Will It End?

| Christopher Liew, CFA

CERB is sure to end in August 2020 with the government unveiling another temporary benefit as replacement. You can earn…

Read more »

Dividend Stocks

$2,000 CRA CERB Will End Soon But EI Can Save the Day

| Christopher Liew, CFA

The 21st century EI will be the next saviour of Canadians after CERB. Again, the new benefit scheme is temporary.…

Read more »

Dividend Stocks

3 TSX Dividend Stocks to Buy and Hold Forever

| Aditya Raghunath

Here's why you can look to add companies like TC Energy (TSX:TRP) and Emera (TSX:EMA) to your dividend portfolio.

Read more »

close-up photo of investor Warren Buffett
Energy Stocks

Warren Buffett: The Calm Before the Storm?

| Aditya Raghunath

Warren Buffett has been a net seller of stocks in 2020. Does this mean the markets are in a precarious…

Read more »

Dividend Stocks

CERB Rejection: 3 Ways You Could Be Rejected for the $4,000 Extension!

| Christopher Liew, CFA

Aside from attesting the government is encouraging you to seek work actively, you must meet the eligibility requirements to receive…

Read more »

Dividend Stocks

Telus (TSX:T): Should You Buy Before the 5G Boom?

| Joey Frenette

Telus Corporation (TSX:T)(NYSE:TU) is a resilient telecom that recently launched its 5G network across select Canadian cities, but is the…

Read more »

Dividend Stocks

Toronto Home Prices See Record 16.9% Surge

| Adam Othman

Another surge in home prices just took place. Consider getting in on the real estate market by investing in a…

Read more »

Dividend Stocks

Caution: 4 Ways You Will Be Denied the $12,000 CRA CERB Extension!

| Adam Othman

Consider building your own passive income stream through Canadian Utilities as you learn about how the CRA can reject your…

Read more »

Dividend Stocks

Forget Canadian Tire (TSX:CTC.A): Here’s a Stronger Dividend Play!

| Joey Frenette

CT REIT (TSX:CRT.UN) may be a better dividend bet for investors who want to play the resilience of Canadian Tire…

Read more »

Dividend Stocks

1 Restaurant Stock That’s Reinstated Its Dividend: A Great Contrarian Buy Today?

| David Jagielski

A&W Revenue Royalties Income Fund (TSX:AW.UN) is proving to be a resilient dividend stock.

Read more »

Dividend Stocks

3 Under-$20 Utility Stocks You Can Treat Like a Fixed Deposit

| Sneha Nahata

These stocks could continue to generate steady and high yields, just like a fixed deposit.

Read more »

Dividend Stocks

TFSA Savers: Sick of Low Interest Rates? 2 Great Dividend Stocks to Buy and Hold

| Joey Frenette

Bank of Montreal (TSX:BMO)(NYSE:BMO) and another TFSA-worthy dividend stock blow low-interest savings accounts out of the water.

Read more »

Dividend Stocks

Canada Revenue Agency: How to Generate $7,800 in Extra Annual Pension Income and Avoid OAS Clawbacks

| Aditya Raghunath

Here's how retirees can avoid OAS clawbacks and supplement their retirement income by investing in dividend stocks.

Read more »

Dividend Stocks

How to Get Rich From Stock Investing

| Kay Ng

Everyone can get richer from investing in stocks. Here are a couple of ways you can do so.

Read more »

Dividend Stocks

Dividend Investors: 3 Top Stocks for a TFSA Retirement Fund

| Andrew Walker

Check out these three top stocks for TFSA investors today.

Read more »

Dividend Stocks

Is This the Best Gold Stock to Buy in August?

| Victoria Hetherington

Find out why Newmont (TSX:NGT)(NYSE:NEM) in particular is looking increasingly attractive amid fast-appreciating gold stocks.

Read more »

Metals and Mining Stocks

Investing $3,000 in These Under-$30 Stocks Would Be a Brilliant Move for Your TFSA

| Sneha Nahata

These under $30 stocks are tailor-made for strong growth and should boost your TFSA gains.

Read more »

Dividend Stocks

My CERB: Get $2,000 Every Month in 2 Easy Steps

| Puja Tayal

The CRA will end its $2,000 cash benefit in September. Better than the CRA CERB is My CERB, which can…

Read more »

Dividend Stocks

Buy This Real Estate Stock to Avoid the Next Bear Market

| Ryan Vanzo

CT Real Estate Investment Trust (TSX:CRT.UN) is the perfect real estate stock to ride out another bear market, even another…

Read more »