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

Businessman looking at a red arrow crashing through the floor
Dividend Stocks

2 Stocks to Hold Through a Market Crash

| Joey Frenette

Why investors should consider Hydro One Ltd. (TSX:H) and another stock if they're worried about a crash.

Read more »

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

Canadian Natural Resources (TSX:CNQ) Stock: What to Expect in 2020

| Ryan Vanzo

Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) is a controversial stock, but next year, the company may face hurdles and opportunities like…

Read more »

TELECOM TOWERS
Dividend Stocks

How Much Is the Telus Corporation (TSX:T) Dividend Worth?

| Joey Frenette

Telus Corporation (TSX:T)(NYSE:TU) has a safe dividend, but is it still worth a premium multiple given competitive pressures on the…

Read more »

Value for money
Dividend Stocks

1 Ultra-High-Yield Dividend Stock That’s a Screaming Bargain

| Amy Legate-Wolfe

Investors are finally paying attention to Inter Pipeline Ltd. (TSX:IPL).

Read more »

Growth from coins
Dividend Stocks

3 Income Stocks That Could Double Their Dividends

| Amy Legate-Wolfe

Even during this volatile market, RioCan Real Estate Investment Trust (TSX:REI.UN) and these other stocks prove it's possible to thrive.

Read more »

Growth from coins
Dividend Stocks

TFSA Investors: 3 Stocks Yielding up to 7.8% That Can Also Help Diversify Your Portfolio

| David Jagielski

Thomson Reuters Corp (TSX:TRI)(NYSE:TRI) and these two other dividend stocks can provide your portfolio with a lot of recurring income.

Read more »

Payday ringed on a calendar
Dividend Stocks

1 High-Yield Dividend Stock Is All You Need to Get Rich

| Christopher Liew, CFA

It only takes an investment in energy giant Enbridge Inc. (TSX:ENB)(NYSE:ENB) to make you rich for decades to come.

Read more »

Dice engraved with the words buy and sell
Dividend Stocks

Here Is the Most Worrying Thing About Rogers Communications (TSX:RCI.B) Stock

| Haris Anwar

Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) stock is losing its shine. Let's find out why.

Read more »

Hands holding trophy cup on sky background
Dividend Stocks

Is TD Bank (TSX:TD) Still Canada’s Top Banking Stock?

| Mat Litalien, MBA

Strong expected growth rates, cheap valuations ,and the best dividend-growth rates in the country make Toronto-Dominion Bank (TSX:TD)(NYSE:TD) a top…

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

Use Your TFSA and This REIT Yielding 5% to Generate $2,250 in Monthly Passive Income

| Matt Smith

Dream Industrial REIT (TSX:DIR.UN) is an ideal investment to accelerate the pace at which you can create wealth and passive…

Read more »

Money growing in soil , Business success concept.
Dividend Stocks

This Is 1 of My Favourite Growth Stocks

| Kay Ng

This is why you should consider Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM) for your portfolio.

Read more »

Person Hands Opening Mailbox To Remove Newspaper
Dividend Stocks

What Happened in the Market Today?

| Nelson Smith

Tuesday was a busy day for BlackBerry Ltd (TSX:BB)(NYSE:BB), Cineplex Inc. (TSX:CGX), and Netflix Inc. (NASDAQ:NFLX).

Read more »

Happy couple being attended by office worker at office
Dividend Stocks

Millennials: 3 Ways to Get Richer Than Your Baby Boomer Parents

| Christopher Liew, CFA

Millennials could be wealthier than their baby boomer parents if they own shares of TORC Oil & Gas Ltd. (TSX:TOG)…

Read more »

Retirement plan
Dividend Stocks

Get Retirement Ready With an RRSP

| Daniel Da Costa

Investing in top stocks like Canadian National Railway Company (TSX:CNR)(NYSE:CNI) in your RRSP is a fast way to compound your…

Read more »

Upwards momentum
Dividend Stocks

2 Financial Stocks: 1 to Buy, 1 to Hold

| Kay Ng

Should you buy Intact Financial Corporation (TSX:IFC) or Fairfax Financial Holdings Ltd. (TSX:FFH) today?

Read more »

Senior couple at the lake having a picnic
Dividend Stocks

Retire Rich: 1 Stock Is All You Need

| Christopher Liew, CFA

BCE Inc. (TSX:BCE)(NYSE:BCE) is one of the very few verified, single-stock investments that can make you rich when you retire.

Read more »

edit Back view of hugging couple standing with real estate agent in front of house for sale
Dividend Stocks

5 Reasons Why I’ll Never Buy an Income Property

| Daniel Da Costa

Real estate investment trusts offer investors a number of advantages over buying an income property. One of the top REITs…

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Retirement Wealth: How to Turn a $20,000 TFSA into $200,000

| Andrew Walker

A popular investment strategy that focuses on top dividend stocks such as Toronto-Dominion Bank (TSX:TD) can build TFSA wealth.

Read more »

Close up shot of senior couple holding hand. Loving couple sitting together and holding hands. Focus on hands.
Dividend Stocks

Baby Boomers: Earn $888 Extra Monthly Income While Protecting OAS Payments

| Christopher Liew, CFA

Top dividend stocks National Bank of Canada (TSX:NA) and Fortis Inc. (TSX:FTS)(NYSE:FTS) can negate the impact of taxes on your…

Read more »

Dad and son having fun outdoor. Healthy living concept
Dividend Stocks

Teach Your Child the Secrets to Becoming Wealthy

| Christopher Liew, CFA

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Telus Corporation (TSX:T)(NYSE:TU) are secrets of self-made millionaires today.

Read more »

Businessperson's Hand Putting Coin In Piggybank
Dividend Stocks

Why BCE (TSX:BCE) Is 1 of the Best TFSA Stocks

| Haris Anwar

BCE Inc. (TSX:BCE)(NYSE:BCE) has many strengths that makes its stock one of the best for TFSA investors.

Read more »

railroad
Dividend Stocks

Retire in Peace With These 2 Railroad Stocks

| Ryan Vanzo

Railroads have beaten the market for more than a decade. Will Canadian Pacific Railway Ltd (TSX:CP)(NYSE:CP) and Canadian National Railway…

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Want to Retire Wealthy? 3 New BMO (TSX:BMO) ETFs Are All You’ll Need

| Joey Frenette

These three Bank of Montreal (TSX:BMO)(NYSE:BMO) ETFs meet all the needs of investors who want to retire wealthy.

Read more »

A close up image of Canadian $20 Dollar bills
Dividend Stocks

This High Growth Stock Increased Dividends by 11.1%

| Adam Othman

Ritchie Bros. Auctioneers Inc. (TSX:RBA)(NYSE:RBA) increased dividends to 11.1% last month. Let’s assess the high-growth stock to see if it…

Read more »

TELECOM TOWERS
Dividend Stocks

Is BCE (TSX:BCE) a Good Investment?

| Demetris Afxentiou

BCE Inc. (TSX:BCE)(NYSE:BCE) offers an impressive sprawling business and a handsome dividend with over a century of growth, but is…

Read more »

edit Balloon shaped as a heart
Dividend Stocks

2 Stocks I Like for the Next Decade

| Kay Ng

Here’s why you can trust Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and another stock to grow your money.

Read more »

Senior Couple Walking With Pet Bulldog In Countryside
Dividend Stocks

Every Retired Investor Needs to Know These 3 Stocks

| Ryan Vanzo

If you're retired, income stocks like Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP) can give you a reliable stream of cash with…

Read more »

Canadian Dollars
Dividend Stocks

Protect Your Portfolio in 2020 With This Top Dividend Stock

| Karen Thomas, MSc, CFA

Fortis Inc. (TSX:FTS) (NYSE:FTS) offers investors security and stability plus a 3.4% dividend yield; fine qualities that will protect your…

Read more »

Arrowings ascending on a chalkboard
Dividend Stocks

2 Dividend Stocks You Can Buy Now and Never Sell

| Prosper Bakiny

Here is why Enbridge Inc (TSX:ENB)(NYSE:ENB) and Emera Inc (TSX:EMA) are excellent candidates for stocks you can hold in your…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

3 Stocks That Are Perfect for Your TFSA

| David Jagielski

Shaw Communications Inc (TSX:SJR.B)(NYSE:SJR) and these two other stocks provide investors with great dividend yields of more than 3% per year.

Read more »

The road to the future
Dividend Stocks

Income for Life: 3 “Forever Assets” to Buy in 2020

| Brian Pacampara, CFA

This trio of large-cap stocks, including TC Energy Corp (TSX:TRP)(NYSE:TRP), can provide the peace your portfolio needs.

Read more »

pipe metal texture inside
Dividend Stocks

2 Stable Pipeline Stocks Perfect for Passive-Income Seekers

| Daniel Da Costa

Pipelines are some of the best stocks to invest in if you're an income investor, especially Enbridge Inc (TSX:ENB)(NYSE:ENB) because…

Read more »

Growth from coins
Dividend Stocks

Canadians: These 3 Dividend Titans Have a Payout Streak of up to 190 Years

| Christopher Liew, CFA

For more than 100 years, Bank of Montreal (TSX:BMO)(NYSE:BMO), Bank of Nova Scotia (TSX:BNS)(NYSE:BNS), and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) have been…

Read more »

Red siren flashing
Dividend Stocks

Warning: This Famous Investor Just Called Out Canadian Tire (TSX:CTC.A)

| Daniel Da Costa

Another famous investor is sounding a warning on Canadian debt levels, and this time the company in the spotlight is…

Read more »

A brown bear sitting on a rock
Dividend Stocks

Recession Prep 101: A Defensive Dividend Stock to Buy Before the Bear Market Strikes

| Joey Frenette

Why Emera Inc. (TSX:EMA) is a defensive bet that can reward you in both a bull and bear market.

Read more »

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

1 Small-Cap Tech Stock to Consider Buying for Your TFSA

| Brian Paradza, CFA

Supply chain software vendor Tecsys Inc. (TSX:TCS) reported a 49% revenue growth and quadrupled its adjusted EBITDA after acquisitions last…

Read more »

Path to retirement
Dividend Stocks

Retirement 101: A Top Stock to Stick in Your TFSA to Build Pension Wealth

| Andrew Walker

Fortis Inc. (TSX:FTS)(NYSE:FTS) has helped make some long-term investors quite rich. Here's how to benefit today.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

Retirees: 3 High-Yield Stocks for Passive Income

| Andrew Walker

Power Financial Corp. (TSX:PWF), a communications giant, and a major midstream energy player all appear attractive right now for an…

Read more »

Business man on stock market financial trade indicator background.
Dividend Stocks

Dollarama Inc. (TSX:DOL) Is a Top 2020 Stock to Buy Now

| Haris Anwar

Here is what makes Dollarama Inc. (TSX:DOL) a top stock to buy for 2020.

Read more »

Lady holding remote control pointed towards a TV
Dividend Stocks

This Canadian Answer to Netflix (NASDAQ:NFLX) Is a Solid Buy

| Victoria Hetherington

Netflix Inc. (NASDAQ:NFLX) is losing market share, and BCE Inc. (TSX:BCE)(NYSE:BCE) could help to steal it.

Read more »