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 »

Pipeline
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 »

Gold bullion on a chart
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 »

money cash dividends
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 »

Various Canadian dollars in gray pants pocket
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 »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
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 »

Growing plant shoots on coins
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

falling red arrow and lifting
Dividend Stocks

Long-Term Investors: Why You Shouldn’t Fear a Bear Market

| Daniel Da Costa

Long-term investors should welcome recessions when they come, as they tend to bring discounts in quality stocks such as TC…

Read more »

Overhead shot of young adults using technology at a table
Dividend Stocks

TFSA Investors: These 3 Stocks Are Top Pension Approved!

| Nelson Smith

Your portfolio could join the world's largest sovereign wealth fund with investments in Royal Bank of Canada (TSX:RY)(NYSE:RY) and Brookfield…

Read more »

Canadian Dollars
Dividend Stocks

TFSA Investors: How to Morph $17,000 Into $1,000,000

| Christopher Liew, CFA

Dividend stocks Cineplex Inc. (TSX: CGX) and Transcontinental Inc. (TSX:TCL.A) can make millionaires out of the TFSA investors with long-term…

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Earn $300 a Month for 100 Years Using These Dividend Aristocrats

| Christopher Liew, CFA

Toronto-Dominion Bank (TSX:TD)(NYSE:TD), Bank of Nova Scotia (TSX:BNS)(NYSE: BNS), and BCE (TSX:BCE)(NYSE:BCE) are the dividend aristocrats that can deliver passive…

Read more »

Senior Couple Walking With Pet Bulldog In Countryside
Dividend Stocks

2 Retirement Stocks to Buy for Passive Income

| Daniel Da Costa

As the population continues to age in Canada, the demand for retirement services is only going to increase, and Sienna…

Read more »

Mature financial advisor showing report to young couple for their investment
Dividend Stocks

TFSA Investors: How You Can Create a $4,500/Year Passive Income Stream Today

| Joey Frenette

Turn your TFSA into an income machine with stocks like TransAlta Renewables (TSX:RNW) which have yields at around 7%.

Read more »

Growth from coins
Dividend Stocks

This 1 Defensive Dividend Stock Is All You Need to Survive a Market Crash

| Joey Frenette

A recession is on the horizon and Brookfield Infrastructure Partners (TSX:BIP.UN)(NYSE:BIP) is the perfect way to defend your TFSA.

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

Avoid Making This Mistake With Your TFSA

| Matt Smith

Add National Bank of Canada (TSX:NA) to your TFSA today and lock in a 4% dividend yield.

Read more »

growing plant shoots on stacked coins
Dividend Stocks

TFSA Investors: 3 Dividend Stocks Paying Up to 6.7%

| David Jagielski

Hydro  One Ltd (TSX:H) and these two other dividend stocks can be great ways for investors to add some recurring cash…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Investors: This 6.8% Yield Could Be a Great Option if You’re Worried About a Recession

| David Jagielski

NorthWest Health Prop Real Estate Inv Trust (TSX:NWH.UN) could be an ideal investment for investors looking for a good yield…

Read more »

Paper airplanes flying on blue sky with form of growing graph
Dividend Stocks

Here’s Why Teck Resources (TSX:TECK.B) Should Be in Your Investment Portfolio

| Karen Thomas, MSc, CFA

Teck Resources Ltd. (TSX:TECK.B) (NYSE:TECK) has many catalysts that should take the stock higher, including dividend growth and growth projects.

Read more »

Businessman holding tablet and showing a growing virtual hologram of statistics, graph and chart with arrow up on dark background. Stock market. Business growth, planning and strategy concept
Dividend Stocks

The Safest Stock I’ve Ever Found

| Ryan Vanzo

Hydro One (TSX:H) is the safest stock I've ever discovered. If you want to find out how to make this…

Read more »

falling red arrow and lifting
Dividend Stocks

2 Stocks at 52-Week Lows That Could Be a Bargain Today

| Mat Litalien, MBA

One of the best places to go bargain hunting is the 52-week low list.

Read more »

edit Real Estate Investment Trust REIT on double exsposure business background.
Dividend Stocks

Lazy Landlords: Lock in This $500/Month Passive Income Stream Today

| Nelson Smith

With a little extra capital and Slate Retail REIT (TSX:SRT.UN), you'll be swimming in passive income in no time!

Read more »

potted green plant grows up in arrow shape
Dividend Stocks

Interested in a Supercharged Stock With 19% Annual Book Value Growth Since Inception?

| Rahim Bhayani

Swoop in and pick up shares of beaten-down stock Fairfax Financial Holdings Ltd (TSX:FFH) to create long-term portfolio value.

Read more »

Canadian Dollars
Dividend Stocks

TFSA Investors: How to Earn $3,250 a Year With Enbridge (TSX:ENB) Stock

| Ryan Vanzo

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is the perfect stock for long-term growth, but its income-producing potential could help you generate thousands of…

Read more »

Retirement plan
Dividend Stocks

TFSA Investors: 2 Dividend Stocks to Build a Mini Pension

| Joey Frenette

Don't rely on your CPP alone. Create a TFSA pension fund of your own with passive-income stocks like Toronto-Dominion Bank…

Read more »

Financial technology concept.
Dividend Stocks

1 Cheap Dividend Stock to Ride a Volatile Market

| Aditya Raghunath

Ag Growth International Inc. (TSX:AFN) is trading close to its 52-week low. Here's why it is a stock with significant…

Read more »

Profit dial turned up to maximum
Dividend Stocks

A&W (TSX:AW.UN) vs. Tim Hortons: Which Fast-Food Stock Is Better?

| Vishesh Raisinghani

Despite its lower dividend yield, Restaurant Brands International Inc (TSX:QSR)(NYSE:QSR) comes out on top because of its growth potential.

Read more »

Target. Stand out from the crowd
Dividend Stocks

Dividend Investors: 2 Passive-Income Stocks to Buy Ahead of a Recession

| Daniel Da Costa

In order to weather a storm in the financial markets, investors should look to own strong and stable passive-income stocks…

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

Retirees: 2 High-Yield Stocks to Boost Tax-Free Pension Income

| Andrew Walker

Inter Pipeline Ltd. (TSX:IPL) and a top Canadian financial stock appear attractive today for income investors. Here's why.

Read more »

Group of industrial workers in a refinery - oil processing equipment and machinery
Dividend Stocks

3 Top Energy Stocks Yielding 9% or More in the Energy Patch to Buy Today

| Matt Smith

Boost your portfolio's yield by buying Vermilion Energy Inc. (TSX:VET)(NYSE:VET), Surge Energy Inc. (TSX:SGY), and Whitecap Resources Inc. (TSX:WCP).

Read more »

Volatile market, stock volatility
Dividend Stocks

2 TFSA Stocks to Guard Against a Market Crash

| Debra Ray

Molson Coors Canada Inc. (TSX:TPX.B)(NYSE:TAP) is the perfect defensive stock for your TFSA.

Read more »

edit Safety First illustration
Dividend Stocks

3 Important Steps All Investors Must Take Ahead of a Recession

| Daniel Da Costa

Taking precautions and preparing your portfolio for a recession can go a long way, especially if you are acquiring strong…

Read more »

Piggy bank next to a financial report
Dividend Stocks

3 Safe Ways to Earn 5% Income on Your TFSA Savings

| Vishesh Raisinghani

If you know where to look, there are plenty of opportunities to generate passive income without risking your nest egg.

Read more »

Man making notes on graphs and charts
Dividend Stocks

This 3-Stock Portfolio Will Protect Your Money During a Market Crash

| Nelson Smith

Expecting a recession? Then it's time to load up on defensive stocks like Rogers Sugar Inc. (TSX:RSI), BCE Inc. (TSX:BCE)(NYSE:BCE),…

Read more »

Growth from coins
Dividend Stocks

Lazy Retirees: 3 Dividend Growth Stocks for Annual Income of $10K

| Brian Pacampara, CFA

This group of dividend-growth streakers, including Suncor (TSX:SU)(NYSE:SU), can help build your wealth the prudent way.

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

2 Income Stocks That Have Paid Dividends for Nearly 200 Years!

| Joey Frenette

Bank of Montreal  (TSX:BMO)(NYSE:BMO) and another dividend aristocrat that investors should look to as volatility picks up.

Read more »

A brown bear sitting on a rock
Dividend Stocks

1 Top Stock Every Investor Should Own in a Bear Market

| Matt Smith

Weather-proof your portfolio against a bear market by investing in Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP).

Read more »

Pixelated acronym REIT made from cubes, mosaic pattern
Dividend Stocks

Retirees: 2 Incredibly Easy Ways to Boost Your CPP Payments

| Nelson Smith

Canada's best dividend paying stocks, like Automotive Properties REIT (TSX:APR.UN), can be the basis of a prosperous retirement.

Read more »

Growth from coins
Dividend Stocks

2 Stable Dividend Stocks for a Volatile Market

| Joey Frenette

Dividend investors should look to Emera Inc. (TSX:EMA) and another stock to navigate these rough market waters.

Read more »

edit Business accounting concept, Business man using calculator with computer laptop, budget and loan paper in office.
Dividend Stocks

Why This Defensive Stock Belongs in Your TFSA Portfolio

| Karen Thomas, MSc, CFA

Strong production growth, upcoming dividend increases, and rapid free cash flow growth all make Agnico Eagle Mines Ltd. (TSX:AEM) (NYSE:AEM)…

Read more »

Senior couple at the lake having a picnic
Dividend Stocks

Investors: This 1 RRSP Tip Could Help You Retire Early

| Andrew Button

If you hold dividend stocks like Fortis Inc (TSX:FTS)(NYSE:FTS) in your RRSP, this one rule could help you retire early

Read more »

The road to the future
Dividend Stocks

Get Defensive for 2020 With This Investment

| Demetris Afxentiou

Long-term investors looking to counter market woes should consider a position in Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR).

Read more »

Economic Turbulence
Dividend Stocks

The TSX Index Is Up 15% in 2019: Investors Should Prepare for a Market Downturn

| Mat Litalien, MBA

The TSX Index is showing signs of slowing down. Consider adding stocks such as Canadian National Railway (TSX:CNR)(NYSE:CNI) to protect…

Read more »

Early retirement handwritten in a note
Dividend Stocks

Retire at 55 Using a Simple Plan: Invest in Dividend Stocks

| Christopher Liew, CFA

At age 30, you can start investing in BCE Inc. (TSX:BCE)(NYSE:BCE), Laurentian Bank of Canada (TSX:LB), and American Hotel Income…

Read more »

Businessmen teamwork brainstorming meeting.
Dividend Stocks

2 Oversold Stocks That Have Earnings Coming Up!

| David Jagielski

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) has been struggling over the past month, and the stock could be a bargain buy…

Read more »

oil tank at night
Dividend Stocks

Should Climate Change Stop You From Investing in Energy Stocks?

| Kay Ng

Keep your head cool when researching for potential stock investments. Here's why Suncor Energy Inc. (TSX:SU)(NYSE:SU) can warm up your…

Read more »

A stock price graph showing declines
Dividend Stocks

Warning: This Stock Peaked in 2002 and Still Has More Downside!

| Andrew Button

Bombardier, Inc. (TSX:BBD.B) reached its all-time high in 2002 and could still have further to fall!

Read more »

Dividend Stocks

TFSA Investors: How to Turn Your $10,000 Investment Into $100,000

| David Jagielski

Restaurant Brands International Inc (TSX:QSR)(NYSE:QSR) is a stock that can play a key part of your portfolio's long-term growth.

Read more »