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

potted green plant grows up in arrow shape
Dividend Stocks

3 Stocks That Can Double by 2020

| Mat Litalien, MBA

The oil and gas industry is chock-full of undervalued companies like Whitecap Resources Inc (TSX:WCP).

Read more »

Red siren flashing
Dividend Stocks

Investor Beware: The Market Is Flashing This Grim Signal

| Christopher Liew, CFA

The inverted yield curve precedes a recession. If that is true, you should invest in recession-ready stocks. Toronto-Dominion Bank (TSX:TD)(NYSE:TD)…

Read more »

Retirement
Dividend Stocks

Lazy Retirees: Dividend Stocks Can Help You Earn a Growing Passive-Income Stream

| Peter Stephens

I think that dividend stocks offer appealing income prospects relative to other assets, with them having the potential to benefit…

Read more »

The road to the future
Dividend Stocks

3 Dividend Stocks That Should Pay You the Rest of Your Life

| Amy Legate-Wolfe

Check out Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP), Enbridge Inc. (TSX:ENB)(NYSE:ENB), and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) for some bargain dividend stocks.

Read more »

Pixelated acronym REIT made from cubes, mosaic pattern
Dividend Stocks

3 Reasons to Celebrate This Real Estate Gem

| Demetris Afxentiou

Here's why RioCan Real Estate Investment Trust (TSX:REI.UN) can be a great long-term investment for nearly any portfolio.

Read more »

Glass piggy bank
Dividend Stocks

1 Stock That Has Everything You Need to Get Your TFSA to $1,000,000

| David Jagielski

Canadian Tire Corporation Limited (TSX:CTC.A) is a great example of a stock that can offer investors a variety of different ways…

Read more »

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

Lazy Landlords: Lock In an Extra $500/Month in Passive Income Today

| Nelson Smith

With a little patience and Northview Property REIT (TSX:NVU.UN) shares, you'll be collecting gobs of passive income in no time.

Read more »

edit Woman calculating figures next to a laptop
Dividend Stocks

Why CIBC (TSX:CM) Stock Could Be Headed to $130 After its “Relief” Quarter

| Joey Frenette

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) could be on a sustained rally to $130 after its latest earnings beat.

Read more »

question marks written reminders tickets
Dividend Stocks

Bank of Nova Scotia (TSX:BNS) vs. Bank of Montreal (TSX:BMO): Which Is a Better Buy Today?

| Kay Ng

Is Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) or Bank of Montreal (TSX:BMO)(NYSE:BMO) a better investment after reporting their Q3 results?

Read more »

Profit dial turned up to maximum
Dividend Stocks

3 High-Yield Dividend Stocks to Pay You for Decades

| Adam Othman

High-yield dividend stocks are crucial in times of uncertainty. Genworth MI Canada Inc. (TSX:MIC), Enbridge Inc. (TSX:ENB)(NYSE:ENB), and Telus Corporation (TSX:T)(NYSE:TU)…

Read more »

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

Revealed: I Just Loaded Up on This Stock Inside My TFSA

| Nelson Smith

Capital Power Corp. (TSX:CPX) offers it all -- a fat dividend, great valuation, and ambitious growth plans.

Read more »

Pipeline
Dividend Stocks

TFSA Investors: Why Enbridge (TSX:ENB) Will Be Worth Your Patience

| Joey Frenette

Enbridge Inc. (TSX:ENB)(NYSE:ENB) is severely undervalued, but only patience will be rewarded.

Read more »

Payday ringed on a calendar
Dividend Stocks

Make $500/Month in Passive Income With This 1 Dividend Stock

| David Jagielski

NorthWest Health Prop Real Est Inv Trust (TSX:NWH.UN) could be a great stock to own whether you're looking for dividends, diversification,…

Read more »

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

Buy Opportunity: 2 High-Yield Dividend Stocks

| Debra Ray

On strong earnings, Bank of Montreal (TSX:BMO)(NYSE:BMO) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) just raised dividends.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

3 Steps to a $1,000-a-Month Passive-Income Portfolio

| Vishesh Raisinghani

Passive-income portfolios need to strike the perfect balance between yield and long-term sustainability.

Read more »

Happy couple being attended by office worker at office
Dividend Stocks

3 Intangibles Every Investor Needs to Be Successful

| Daniel Da Costa

Successful investing requires investors to have certain qualities to minimize mistakes. It also requires top-quality stocks such as Peyto Exploration…

Read more »

Gas pipelines
Dividend Stocks

3 Top Energy Stocks for 2020

| Kay Ng

Get massive price appreciation and safe dividends from undervalued Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Enbridge Inc. (TSX:ENB)(NYSE:ENB).

Read more »

Road sign warning of a risk ahead
Dividend Stocks

A Top Dividend Stock to Buy When Recession Risks Are Increasing

| Haris Anwar

Royal Bank of Canada (TSX:RY)(NYSE:RY) is a top dividend stock that could provide a growing income stream, even during tough…

Read more »

question marks written reminders tickets
Dividend Stocks

2 High-Yield Dividend Stocks: Are They Bargains?

| Brian Paradza, CFA

Ensign Energy Services Inc. (TSX:ESI) and Dividend 15 Split Corp. (TSX:DFN) offer yields up to 16.8% today. Should you buy?

Read more »

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

2 Oil and Gas Stocks Yielding Over 9%

| Daniel Da Costa

Freehold Royalties Ltd. (TSX:FRU) and Torc Oil and Gas Ltd. (TSX:TOG) are two top-tier oil and gas stocks that have…

Read more »

Man holding magnifying glass over a document
Dividend Stocks

CPP Climbs Past $400 Billion: Here’s What’s in it

| Christopher Liew, CFA

If WSP Global Inc. (TSX:WSP), Canadian Natural Resources Ltd (TSX:CNQ)(NYSE:CNQ), and Seven Generations Energy Inc. (TSX:VII) are among the CPP…

Read more »

Senior Man Sitting On Sofa At Home With Pet Labrador Dog
Dividend Stocks

Short on Retirement Savings? Here Are 3 Solutions

| Christopher Liew, CFA

With the right mindset coupled with investments dividend stocks like Great-West Lifeco Inc. (TSX:GWO), H&R Real Estate Investment Trust (TSX:HR.UN),…

Read more »

edit Businessman using calculator next to laptop
Dividend Stocks

3 Stocks to Buy and Hold for Decades

| Demetris Afxentiou

Investors looking for defensive buy-and-hold targets for long-term growth and income should consider Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and these two other…

Read more »

Retirement plan
Dividend Stocks

Stop Saving and Start Buying Dividend Stocks: a Simple Plan to Retire Early

| Peter Stephens

Investing in dividend-paying stocks, as opposed to holding cash, could lead to higher returns and an earlier retirement in my…

Read more »

Profit dial turned up to maximum
Dividend Stocks

Meet Canada’s Warren Buffett: Prem Watsa

| Christopher Liew, CFA

Warren Buffett’s counterpart in Canada is Prem Watsa. His value stocks for investors’ consideration are BlackBerry Ltd (TSX:BB)(NYSE:BB) and Bank…

Read more »

edit Four girl friends withdrawing money from credit card at ATM
Dividend Stocks

Is Toronto-Dominion Bank (TSX:TD) 1 of the Best Stocks for a TFSA?

| Haris Anwar

Here is what makes Toronto-Dominion Bank (TSX:TD)(NYSE:TD) one of the best stocks to stash in your TFSA.

Read more »

Red siren flashing
Dividend Stocks

Danger: A Troubled Dividend Stock I’d Sell Right Now

| Joey Frenette

Canadian Tire Corporation Limited (TSX:CTC.A) blows a tire. Why you should sell the stock amid Steve Eisman's latest warning to…

Read more »

edit Woman calculating figures next to a laptop
Dividend Stocks

Better Buy: BCE (TSX:BCE) or Shopify (TSX:SHOP)?

| Nelson Smith

Shopify Inc. (TSX:SHOP)(NYSE:SHOP) just passed BCE Inc. (TSX:BCE)(NYSE:BCE) in market cap. Will it continue to leap past Canada's largest telecom?

Read more »

edit Four girl friends withdrawing money from credit card at ATM
Dividend Stocks

Dividend Investors: Should You Buy CIBC (TSX:CM) Stock After Strong Earnings?

| Andrew Walker

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) just bounced after reporting solid fiscal Q3 results. Is the stock still oversold?

Read more »

Path to retirement
Dividend Stocks

Kick-Start Your Retirement With These 3 Stocks

| Christopher Liew, CFA

Your journey to retirement should begin with the top dividend stocks. Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM), Canadian Utilities Limited…

Read more »

Dice engraved with the words buy and sell
Dividend Stocks

1 Stock Under $6 to Buy and 1 to Avoid

| Adam Othman

Stocks under $6 have the potential to rise very quickly. Rogers Sugar Inc. (TSX:RSI) and Yamana Gold Inc. (TSX:YRI)(NYSE:AUY) are…

Read more »

HIGH VOLTAGE ELECRICITY TOWERS
Dividend Stocks

2 Utilities Stocks for Yield Seekers

| Prosper Bakiny

Here is why AltaGas Ltd (TSX:ALA) and Algonquin Power and Utilities Corp (TSX:AQN)(NYSE:AQN) are two high-yield stocks worth considering.

Read more »

Retirement plan
Dividend Stocks

3 Stocks to Anchor a New RRSP Portfolio

| Andrew Walker

Nutrien Ltd. (TSX:NTR)(NYSE:NTR), a top bank, and a North American utility company should all be attractive picks right now.

Read more »

Upwards momentum
Dividend Stocks

2 Stocks That Could Double Within the Next Year

| David Jagielski

Bombardier, Inc. (TSX:BBD.B) and this other stock have been struggling lately and could be great buys on the dip, as both…

Read more »

Economic Turbulence
Dividend Stocks

3 Reasons Wall Street Is Worried About a Recession

| Andrew Button

Economists and Wall Street Analysts are sounding the alarm about a recession that could hit financials like Canadian Imperial Bank…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

3 Dividend Stocks to Hold in Your TFSA for 50 Years

| Kay Ng

It’s time in the market that matters when it comes to investing in Alimentation Couche-Tard Inc. (TSX:ATD.B) and these two…

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

4 Quality Canadian Stocks Trading at 52-Week Lows

| Victoria Hetherington

Methanex Corp. (TSX:MX)(NASDAQ:MEOH) and three other stocks are trading at their lowest prices in a year. Are they falling knives?

Read more »

pipe metal texture inside
Dividend Stocks

Is the Path Finally Clear for the Keystone XL?

| David Jagielski

TC Energy Corp (TSX:TRP)(NYSE:TRP) got some good news on Friday relating to the Keystone XL, but will it be enough to…

Read more »

Man holding magnifying glass over a document
Dividend Stocks

3 Common Mistakes to Avoid During This Market Volatility

| Daniel Da Costa

It can be difficult for investors to stomach the volatility and uncertainty when the markets are down. Doing so would…

Read more »

Increasing yield
Dividend Stocks

TFSA Investors: 3 Stocks Yielding up to 8.2% That Will Help Diversify Your Portfolio

| David Jagielski

Pattern Energy Group Inc (TSX:PEGI)(NASDAQ:PEGI) and these two other dividend stocks can provide investors with stability and high yields.

Read more »