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

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

3 Canadians Stocks to Buy for 2020

| Joey Frenette

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and two other stocks that could make you filthy rich in 2020.

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

This Is the Only Mistake You Need to Avoid in Your TFSA

| Kay Ng

Don’t horse around with your TFSA portfolio. Buy dividend stocks like Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) when they’re cheap…

Read more »

Two hands holding champagne glasses toasting each other with Paris in the background
Dividend Stocks

How to Turn Your Kid Into a Millionaire

| Christopher Liew, CFA

Financial discipline in children can start at an early age. When they reach the proper investing age, they can become…

Read more »

Couple relaxing on a beach in front of a sunset
Dividend Stocks

3 Super Stocks for RRSP Retirement Savers

| Andrew Button

If you're saving for retirement, stocks like Canadian National Railway (TSX:CNR)(NYSE:CNI) can be great buys

Read more »

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

2 Cheap Stocks for a TFSA Retirement Fund

| Andrew Walker

Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) and Canada's oldest bank deserve to be on your radar right now.

Read more »

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

Does This Canadian Bank Stock Have the Most Upside Potential Right Now?

| Victoria Hetherington

Still undervalued, Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) could have more growth ahead of it than its peers.

Read more »

Gas pipelines
Dividend Stocks

Long-Term Investors: 2 Dirt Cheap Energy Companies With Huge Upside

| Daniel Da Costa

Encana Corporation (TSX:ECA)(NYSE:ECA) and Imperial Oil Limited (TSXIMO)(NYSE:IMO) are two large oil companies with a rich history of execution. Both…

Read more »

Modern buildings in business district
Dividend Stocks

3 Stocks Hitting New 52-Week Highs

| Brian Pacampara, CFA

Tired of declines? This trio of momentum stocks, including Hydro One (TSX:H), might have the rocket fuel you need.

Read more »

question marks written reminders tickets
Dividend Stocks

Is It Too Early to Buy This Dividend Aristocrat Yielding Almost 4%?

| Matt Smith

Canadian Western Bank (TSX:CWB) is too cheap to ignore and is offering a juicy yield of almost 4%.

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Canadian Imperial Bank of Commerce (TSX:CM): Too Cheap to Ignore

| Matt Smith

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is attractively valued and yielding a juicy 5.7%.

Read more »

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

Brookfield Property Partners (TSX:BPY.UN): A Top Investment for 2020 and Beyond

| Matt Smith

Invest in Brookfield Property Partners L.P. (TSX:BPY.UN)(NASDAQ:BPY) and lock-in an almost 7% yield.

Read more »

Happy Retirement” on a road
Dividend Stocks

This 1 Stock Is All You Need to Help Save for Retirement

| David Jagielski

Whatever your investment goal is, it's hard to go wrong with including a top bank stock like Bank of Montreal (TSX:BMO)(NYSE:BMO)…

Read more »

Path to retirement
Dividend Stocks

Baby Boomers: 3 Easy Ways to Boost Your CPP Payments

| Nelson Smith

Loading up on high-yield stocks like Alaris Royalty Corp (TSX:AD) is a great way to boost your retirement income.

Read more »

Businessmen teamwork brainstorming meeting.
Dividend Stocks

3 Ways to Reduce Risk in Your Canadian Stock Portfolio

| Victoria Hetherington

Badger Daylighting Ltd. (TSX: BAD) and two other stocks may be getting overlooked by investors seeking secure stocks ahead of…

Read more »

Dividend Stocks

Buy Pembina Pipeline (TSX:PPL) to Build Wealth Faster

| Matt Smith

Accelerate wealth creation by investing in Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) and lock-in a juicy yield of almost 5%.

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Retirees: Check Out This Cheap High-Yield Stock for TFSA Income in 2020

| Andrew Walker

Bank of Nova Scotia (TSX:BNS) (NYSE:BNS) might be a top income pick heading into next year.

Read more »

Dividend Stocks

Long-Term Investors: This Disrupter Is Set to Continue to Grow Into 2020

| Daniel Da Costa

Shaw Communications Inc (TSX:SJR.B)(NYSE:SJR) has been successfully reorganizing its business. It's wireline business continue to succeed, and its wireless business…

Read more »

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

Contrarian Investors: Multibagger Stocks for 2020 and Beyond

| Kay Ng

Buy Encana Corp. (TSX:ECA)(NYSE:ECA) and Birchcliff Energy Ltd. (TSX:BIR) for the potential to double your money.

Read more »

Two hands holding champagne glasses toasting each other with Paris in the background
Dividend Stocks

Investors: This Little-Followed Financial Stock Could Make You Rich

| Nelson Smith

You've likely never heard of First National Financial Corp (TSX:FN), but you should start paying attention. It's quietly making long-term…

Read more »

Growth from coins
Dividend Stocks

RRSP Investors: 2 Dividend Stocks to Snag After Earnings

| Ambrose O'Callaghan

Investors should seek out stocks like Calian Group Ltd. (TSX:CGY) for their RRSP in August.

Read more »

Economic Turbulence
Dividend Stocks

A Storm Is Coming: Here’s How to Protect Yourself

| Kris Knutson

Markets are vulnerable to a severe correction so protect yourself with precious metals producers like Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS).

Read more »

woman data analyze
Dividend Stocks

2 Important Ratios You Should Look at Before Buying Any Stock

| David Jagielski

Canadian National Railway (TSX:CNR)(NYSE:CNI) is a great example of a stock that trades at very modest multiples and that could…

Read more »

Handwriting text writing Are You Ready For Tomorrow question. Concept meaning Preparation to the future Motivation Stand blackboard with white words behind blurry blue paper lobs woody floor.
Dividend Stocks

Value Investors: Is This Fallen Oil Company a Buy?

| Kris Knutson

Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) has been a major disappointment in recent years, but its strategy changes just might make…

Read more »

Growth from coins
Dividend Stocks

2 Dividend Growth Stocks to Double Your Tax-Free Savings

| Joey Frenette

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) and another dividend-growth stock that can provide growth and passive income.

Read more »

question marks written reminders tickets
Dividend Stocks

TFSA Investors: Is a 6% Dividend Too Risky for Your Portfolio?

| David Jagielski

Enbridge Inc (TSX:ENB)(NYSE:ENB) currently pays investors well over 6% in dividends, but that doesn't mean that the payout is in danger…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Investors: 3 Absurdly Cheap Stocks to Boost Your Returns

| Christopher Liew, CFA

ARC Resources Ltd. (TSX:ARX), Vermilion Energy Inc. (TSX:VET)(NYSE:VET), and Choice Properties Real Estate Investment Trust (CHP-UN.TO) are the easy-on-the-pocket stocks…

Read more »

Pipeline
Dividend Stocks

A Top Dividend Stock That Could Soar in 2020

| Andrew Walker

Suncor Energy Inc. (TSX:SU) (NYSE:SU) looks cheap right now. Here's why.

Read more »

Man with no money. Businessman holding empty wallet
Dividend Stocks

Canadians Are Awful at Saving Money: Here’s How You Can Improve

| Christopher Liew, CFA

Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) and Rogers Sugar Inc. (TSX:RSI) are great investments for people who want to improve their personal…

Read more »

Two colleagues working on new global financial strategy plan using tablet and laptop.
Dividend Stocks

Alert: This Stock Could See a Big Takeover Offer Coming

| Nelson Smith

Inter Pipeline Ltd. (TSX:IPL) shareholders could get a nice short-term reward if a better takeover offer emerges.

Read more »

Chalk outline of two arrows pointing in opposite directions
Dividend Stocks

RRSP Investors: Is CIBC (TSX:CM) Stock Too Cheap to Ignore?

| Andrew Walker

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) trades at a significant discount to its larger peers. Is the pullback overdone?

Read more »

Canadian Dollars
Dividend Stocks

How to Turn Your TFSA Into a $500/Month-Paying Income Stream

| Joey Frenette

Enbridge Inc. (TSX:ENB)(NYSE:ENB) and another TSX index laggard to buy for a TFSA passive income boost.

Read more »

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

3 High-Yield Dividend Stocks at Rock-Bottom Prices

| Andrew Button

If you're looking for high yield at low price, consider Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM)

Read more »

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

These 3 Stocks Will Boom as Canada’s Population Ages

| Vishesh Raisinghani

Dividend stocks like Savaria Corp. (TSX:SIS) could benefit immensely from Canada's ageing population.

Read more »

hand using ATM
Dividend Stocks

Should Royal Bank of Canada (TSX:RY) Stock Be on Your TFSA Buy List Today?

| Andrew Walker

Royal Bank of Canada (TSX:RY) (NYSE:RY) is the largest company on the TSX Index with market capitalization of $145 billion.…

Read more »

Happy couple being attended by office worker at office
Dividend Stocks

The Number 1 Investing Rule Canadians Should Follow

| Debra Ray

Why Canadians should avoid stocks like The Stars Group Inc. (TSX:TSGI)(NASDAQ:TSG) and two stocks to consider instead.

Read more »

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

A Top Dividend Stock to Buy in a Volatile Market

| Andrew Walker

Here's why Fortis Inc. (TSX:FTS)(NYSE:FTS) deserves to be on your radar today.

Read more »

STACKED COINS DEPICTING MONEY GROWTH
Dividend Stocks

Double Your Investment in 7 Years Using the Rule of 72

| Christopher Liew, CFA

The Rule of 72 can help you determine how long it would take your investment in a large Canadian renewable…

Read more »

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

Revealed: My Top Pick for 2019 Could Increase Another 50% in 2020

| Nelson Smith

After nearly a 20% total return so far in 2019, Brookfield Property Partners LP (TSX:BPY.UN)(NASDAQ:BPY) shares are still seriously undervalued.

Read more »

Oil pumps against sunset
Dividend Stocks

Suncor’s (TSX:SU) Stock Is a Once-in-a-Lifetime Opportunity

| Mat Litalien, MBA

Suncor Energy Inc's (TSX:SU)(NYSE:SU) stock has been this cheap only once over the past couple of decades.

Read more »

Growth from coins
Dividend Stocks

The Best Growth Stocks for 2020 and Beyond

| Kay Ng

Start building a position in the best growth stocks, including Alimentation Couche-Tard Inc. (TSX:ATD.B) and others, today!

Read more »