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

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

Is This Monster 13% Dividend Yield in the Energy Patch Safe?

| Matt Smith

Vermilion Energy Inc.'s (TSX:VET)(NYSE:VET) dividend appears safe, despite the poor outlook for oil.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

3 Dividend Aristocrats to Earn You Passive Income

| Daniel Da Costa

Telus Corporation (TSX:T)(NYSE:TU) will earn investors a superior return over time and provide much of those returns back in the…

Read more »

House Key And Keychain On Wooden Table
Dividend Stocks

Long-Term Investors: 1 of the Best Real Estate Funds in Canada

| Daniel Da Costa

RioCan Real Estate Investment Trust (TSX:REI.UN) is one of the top REITs in Canada, and given the incredible value it's…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

The Easiest Way to Turn Your $1,000 TFSA Into $10,000

| Debra Ray

High-yield dividend bank stocks like Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) are the best investments to grow your $1,000 TFSA into…

Read more »

Clock pointing towards a 'sell' signal
Dividend Stocks

This TSX Stock Just Hit a Strong Sell Signal

| Debra Ray

Canadian Natural Resources Ltd (TSX:CNQ)(NYSE:CNQ) is in a dying industry.

Read more »

Value for money
Dividend Stocks

Why TD Bank (TSX:TD) Stock Is an Undervalued Bargain

| Andrew Button

If you're looking for bargain stocks in the financial space, you could do worse than Toronto-Dominion Bank (TSX:TD)(NYSE:TD).

Read more »

Businessmen teamwork brainstorming meeting.
Dividend Stocks

TFSA Investors: How to Earn Monthly Income by Holding Dividend Stocks That Pay Quarterly

| David Jagielski

Corus Entertainment Inc (TSX:CJR.B) and these two other stocks are not only bargains, but they can generate lots of dividend income…

Read more »

HIGH VOLTAGE ELECRICITY TOWERS
Dividend Stocks

Is Fortis (TSX:FTS) a Top Stock to Earn Passive Income in a TFSA?

| Andrew Walker

Fortis Inc. (TSX:FTS)(NYSE:FTS) just raised its dividend. Should you buy the stock now?

Read more »

Shopping card with boxes labelled REITs, ETFs, Bonds, Stocks
Dividend Stocks

Top TSX Stocks of the 21st Century

| Christopher Liew, CFA

In no particular order, my picks as the best TSX stocks of the 21st century are BCE Inc. (TSX:BCE)(NYSE:BCE) Enbridge…

Read more »

A golden egg in a nest
Dividend Stocks

TFSA Investors: Cash In on a Massive Long-Term Trend With This 6% Yielder

| Nelson Smith

When baby boomers are ready to downsize into retirement communities, you'll be glad you picked up Extendicare Inc. (TSX:EXE) shares…

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Why Bank of Montreal (TSX:BMO) Stock Price Fell 8% in August

| Mat Litalien, MBA

The Bank of Montreal's (TSX:BMO)(NYSE:BMO) stock suffered its worst month and worst single day drop of the year thanks to…

Read more »

pipe metal texture inside
Dividend Stocks

Inter Pipeline (TSX:IPL): Is There More Upside Coming?

| Haris Anwar

Even after a 30% rally this year, Inter Pipeline Ltd. (TSX:IPL) has more upside potential. Here is my bullish case…

Read more »

young woman celebrating a victory while working with mobile phone in the office
Dividend Stocks

Buying Opportunity: Toronto-Dominion Bank (TSX:TD)

| Demetris Afxentiou

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) can offer investors solid growth and income-earning potential for decades. Here's why that's important right now.

Read more »

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

Retirees: How to Get $336 in Additional Monthly Income While Protecting OAS Payments

| Andrew Walker

Here's how seniors can use top dividend stocks such as Enbridge Inc. (TSX:ENB)(NYSE:ENB) to earn tax-free income that won't put…

Read more »

Growth from coins
Dividend Stocks

TFSA Investors: 3 High-Yield Dividend Stocks to Hold for 20 Years

| Adam Othman

High-yield dividend stocks are the best source of passive income. Are you a TFSA investor looking for dividend stocks to…

Read more »

Gas pipelines
Dividend Stocks

Has Inter Pipeline (TSX:IPL) Gotten Too Expensive?

| David Jagielski

Inter Pipeline Ltd. (TSX:IPL) has been on the rise in recent months, but the rally may not last for much longer.

Read more »

TIMER SAYING TIME FOR ACTION
Dividend Stocks

Forget Recession: 2 Top Stocks to Buy and Hold

| Victoria Hetherington

Newmont Goldcorp Corp. (TSX:NGT)(NYSE:NEM) and one other top TSX stock could satisfy a long-term, low-risk investor.

Read more »

TIMER SAYING TIME FOR ACTION
Dividend Stocks

How to Get to $1 Million in Your TFSA

| Debra Ray

How TFSA investors can get to $1 million by investing in high-dividend stocks like Nutrien Ltd (TSX:NTR)(NYSE:NTR).

Read more »

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

How to Find the Best Long-Term Stocks

| Daniel Da Costa

To find great long-term stocks, all one has to do is look for companies with consistently high returns on equity.…

Read more »

Dice engraved with the words buy and sell
Dividend Stocks

2 Cannabis Stocks Just Hit a Massive Buy Signal

| Debra Ray

Why you shouldn’t be worried about the Alimentation Couche-Tard Inc (TSX:ATD-A)(TSX:ATD-B) 2-for-1 stock split announcement.

Read more »

Modern buildings in business district
Dividend Stocks

What Happened in the Stock Market Today

| David Jagielski

Shopify (TSX:SHOP)(NYSE:SHOP) wasn't able to get investors excited about its recent acquisition on Tuesday as the stock continues to struggle in…

Read more »

You Should Know This
Dividend Stocks

Why I’m Betting Against This Legendary “Big Short” Investor

| Nelson Smith

Steve Eisman is wrong about the future of Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM). Here's why I'm actively betting against…

Read more »

Dial moving from 4G to 5G
Dividend Stocks

2 Ways to Profit From the 5G Revolution

| Daniel Da Costa

The 5G revolution will surely create new millionaires out of savvy investors. BCE Inc (TSX:BCE)(NYSE:BCE) is poised to benefit from…

Read more »

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

Retirees: 3 Stocks to Boost Your Passive Income

| Mat Litalien, MBA

Stocks such as Enbridge Inc (TSX:ENB)(NYSE:ENB) offer investors a higher-than-average safe and reliable yield to boost your passive income.

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

3 Top Dividend Stocks to Boost TFSA Income

| Andrew Walker

Here's why Royal Bank of Canada (TSX:RY)(NYSE:RY) and another two top Canadian dividend stocks are attractive TFSA picks.

Read more »

HIGH VOLTAGE ELECRICITY TOWERS
Dividend Stocks

TFSA Investors: This Stock Will Pay You Rising Dividends for Decades to Come

| Nelson Smith

With nearly five decades of consistent dividend growth behind it, Canadian Utilities Ltd. (TSX:CU) is the perfect rising income stock…

Read more »

Happy Retirement” on a road
Dividend Stocks

Retirees: Build a 2nd Pension Using CPP Stocks

| Christopher Liew, CFA

Retirees are free to build a second pension. If you’re a retiree, CPP stocks TORC Oil & Gas Ltd. (TSX:TOG)…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Investors: 2 “Hot” REITs Yielding Up to 12.8%

| Joey Frenette

Consider American Hotel Income Properties REIT (TSX:HOT.UN) and another REIT if you want to give your TFSA income fund a…

Read more »

Cogs turning against each other
Dividend Stocks

3 Dividend Stocks to Hold for a Century

| Ambrose O'Callaghan

Investors just starting out should think about adding reliable dividend stocks like Fortis Inc. (TSX:FTS)(NYSE:FTS) to their portfolios.

Read more »

real estate building
Dividend Stocks

Lazy Landlords: Start a Real Estate Empire With These REITs

| Joey Frenette

Consider Canadian Apartment Properties REIT (TSX:CAR.UN) and another REIT if you're looking to maximize returns as a real estate investor.

Read more »

growing dividends
Dividend Stocks

Millennials: 2 Dividend Stocks Yielding a Staggering 8.6%

| Adam Othman

Dividends are one of the best ways for millennials to increase their income. In this regard, Enbridge Inc. (TSX:ENB)(NYSE:ENB) and…

Read more »

Hand arranging wood block stacking as step stair with arrow up.
Dividend Stocks

The Top Dividend Stock to Buy Now for Big Upside and Income

| Kay Ng

CPPIB has Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) as a mammoth holding. Here’s why you should load up!

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Alert: High Insider Buying at This Canadian Bank

| Joey Frenette

Why you should follow insiders into Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) stock after a promising third quarter.

Read more »

Man considering whether to sell or buy
Dividend Stocks

Is CIBC (TSX:CM) the Top Big Bank to Buy Now?

| Adam Othman

Canada’s banking stocks are considered to be high quality dividend-paying investments that can turn into a decent source of income…

Read more »

growing plant shoots on stacked coins
Dividend Stocks

Is Restaurant Brands (TSX:QSR) Stock Still a Buy After a Powerful Rally?

| Haris Anwar

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) has a plan to keep its growth momentum going, and that's what will keep its…

Read more »

Dividend Stocks

The 11 Biggest Dividend Stocks on the US Market

| Jason Hall

Some of the biggest companies on earth are giving their investors a share of the profits each quarter through dividends.

Read more »

Burning gas and electric cooker rings
Dividend Stocks

3 Dirt-Cheap Natural Gas Stocks Too Good to Pass Up

| Daniel Da Costa

Peyto Exploration and Development Corp (TSX:PEY), Tourmaline Oil Corp (TSX:TOU), and Advantage Oil and Gas Ltd. (TSX:AAV) are three of…

Read more »

Oil pumps against sunset
Dividend Stocks

The Number 1 Industry TFSA Investors Should Avoid

| Debra Ray

Canadians should avoid investing in capital-intensive oil producers like CGX Energy Inc (TSXV:OYL) and instead buy NFI Group Inc (TSX:NFI).

Read more »

Human Hand Placing A Coin On Increasing Coin Stacks In Front Of House
Dividend Stocks

This Real Estate Stock Is up 25% This Year and Still Offers a 6.8% Dividend

| Vishesh Raisinghani

Undervalued and consistent Brookfield Property Partners L.P. (TSX:BPY.UN)(NASDAQ:BPY) is probably one of the best real estate investment opportunities.

Read more »

Red siren flashing
Dividend Stocks

Beware These 4 Major Risks to Your Stocks

| Victoria Hetherington

Fortis Inc. (TSX:FTS)(NYSE:FTS) is one of the safest stocks on the TSX, but can it withstand these big threats to…

Read more »