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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:

More information about dividend stocks in Canada:

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!

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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.

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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…

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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.

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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…

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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…

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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…

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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…

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Recent Dividend Stocks News

Tech Stocks

Have $2,000? Smart Investors Will Buy These Tech Stocks!

| Kay Ng

Don't miss out on the massive growth provided by tech stocks like Lighstspeed (TSX:LSPD) and Open Text (TSX:OTEX)(NASDAQ:OTEX).

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Dividend Stocks

COVID-19: 2 Huge Canada Revenue Agency Changes

| Ambrose O'Callaghan

The COVID-19 pandemic has spurred major changes at the Canada Revenue Agency, which include a radical new benefit and an…

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Dividend Stocks

Can RioCan REIT (TSX:REI.UN) Sustain its 10% Dividend Yield?

| Vishesh Raisinghani

Passive-income real estate stocks seem oversold. RioCan REIT (TSX:REI.UN) is trading at less than half of book value and could…

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Dividend Stocks

TFSA Investors: Invest $500 in This TSX Dividend Stock Right Now!

| Aditya Raghunath

The TFSA limit for 2020 stands at $6,000. Here's why you can buy dividend stocks like NFI Group and diversify…

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Dividend Stocks

Invest $3,000 in This Stock and Never Worry

| Ryan Vanzo

Waste Connections Inc (TSX:WCN) is one of the most reliable businesses in Canada. Owning this stock lets you sleep easy…

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Dividend Stocks

Never Mind the CRA: 2 Strong TSX Stocks for a TFSA

| Victoria Hetherington

Here's how names like Scotiabank (TSX:BNS)(NYSE:BNS) can help TFSA investors save tax-free for the long term.

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Dividend Stocks

Stock Market Crash Round 2: Now’s the Time to Prepare Yourself

| Andrew Button

If you're worried about a renewed stock market crash, a utility like Fortis Inc (TSX:FTS)(NYSE:FTS) could be your best friend.

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Dividend Stocks

Yield Alert: RioCan REIT (TSX:REI.UN) Now Pays a 10.5% Dividend

| Nelson Smith

Investors are beginning to worry about RioCan REIT (TSX:REI.UN) and it's 10.5% yield. Here's why I'm not one of them.

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Dividend Stocks

$10,000 in This TSX Stock Will Earn You $10,000 in Dividends in 20 Years

| Adam Othman

Investing in dividend stocks is more than just about the yield. How fast a company grows its payouts plays an…

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Dividend Stocks

Will Canada’s Big Banks Cut Their Dividends?

| Matt Smith

Canadian dividend stocks are under substantial pressure to cut dividends with even the big six banks particularly vulnerable.

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close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett Makes it Clear: Stay Away From Airline Stocks

| Adam Othman

Warren Buffett is known for staying with good businesses through thick and thin. This is why his airline move has…

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Dividend Stocks

$2,000/Month CRA CERB: Will it Become Universal Basic Income?

| Christopher Liew, CFA

The Canadian government is being called out to make CERB a universal basic income. Many industries are in a financial…

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Dividend Stocks

Forget Canadian Tire: Buy its REIT

| Amy Legate-Wolfe

It could be some time before Canadian Tire (TSX:CTC.A) rebounds after the pandemic, but its REIT might see some positive…

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Dividend Stocks

Can Canadian Bank Stocks Make You Rich?

| Joey Frenette

Royal Bank of Canada (TSX:RY)(NYSE:RY) is a top Canadian bank that actually looks buyable after the coronavirus market crash.

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Dividend Stocks

3 Stocks to Buy in 2020

| David Jagielski

Telus Corporation (TSX:T)(NYSE:TU) and these two other stocks are safe investments that investors can hold during the pandemic and for many…

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Dividend Stocks

1 Oil Stock to Buy if the Price Drops Again

| Adam Othman

Parex Resources could be the ideal stock to buy if the oil prices drop again.

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Dividend Stocks

2 TSX Energy Stocks With 30% Upside in 2020

| Daniel Da Costa

Both these TSX stocks have robust business models that can offer stability, and are significantly undervalued, making them top buys…

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Dividend Stocks

Another Market Crash: What’s the Probability?

| Adam Othman

Even though it’s not accurately quantifiable, the probability that another market crash is coming is high right now.

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Dividend Stocks

TFSA Investors: An 8% TSX Dividend Stock That Has 100% Upside

| Kay Ng

This stock's high yield is much safer now. What's more to like is that it can double your money from…

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Dividend Stocks

Enbridge Stock: 3 Reasons to Buy This TSX Giant for Your TFSA

| Aditya Raghunath

The share price of Enbridge (TSX:ENB)(NYSE:ENB) is up 35% after bottoming out in March. Is the stock still a buy?

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Dividend Stocks

3 Bank Stocks Yielding Well Over 5%

| Karen Thomas, MSc, CFA

Bank stocks have recently plummeted, leaving in their wake an ample supply of generous dividend yields. Here are three top…

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real estate building
Dividend Stocks

Lazy Landlords: 3 Safe Real Estate Stocks With Dividend Yields Up to 5.2%

| Nelson Smith

Looking for safe real estate dividends? Look no further than BSR REIT (TSX:HOM.U), Morguard Residential (TSX:MRG.UN) and European Residential REIT…

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close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett: Why You Need to Heed His Words of Wisdom

| Joey Frenette

Warren Buffett had a lot to share with investors in his recent annual meeting, most notably his cautious stance on…

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Dividend Stocks

This Bank Has Immense Growth Potential

| Demetris Afxentiou

Canada's Big Banks hold immense growth potential, but this one bank holds the most opportunity for income and growth-seeking investors…

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Dividend Stocks

A Top TFSA Stock to Buy and Hold in Your Dividend Portfolio

| Haris Anwar

Here is a top TFSA stock for investors looking for opportunities in this market downturn.

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5 Top Stocks for New TSX Investors

| Victoria Hetherington

Here’s why stocks like Shopify (TSX:SHOP)(NYSE:SHOP) are strong long-term buys for new investors looking for long-term wealth creation.

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TSX Stocks: Where to Invest $5,000 Right Now

| Vineet Kulkarni

Canadian investors should consider increasing the defensive bias in their portfolios to protect from an impending market crash.

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Are Canadians Living Abroad Required to Pay Income Tax?

| Matt Smith

Buy Fortis Inc. (TSX:FTS)(NYSE:FTS) today to bolster your tax-effective income.

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Canada Revenue Agency: 2 Major COVID-19 Tax Breaks by the CRA

| Aditya Raghunath

Here's how you can supplement CRA tax breaks with a steady stream of dividend income.

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Dividend Stocks

TFSA Pension: How to Turn $6,000 Into $125,000 for Retirement!

| Andrew Walker

Where should you invest your $6,000 TFSA contribution in 2020?

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Energy Stocks

Green Energy Stocks Could Make You Rich

| Victoria Hetherington

Northland Power Inc. (TSX:NPI) ticks the box for green economy upside. Here’s why it’s a play for the long-term.

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Dividend Stocks

Market Crash 2020: Brace Yourself: A Resilient 5G Stock to Buy Now

| Joey Frenette

Quebecor Inc. (TSX:QBR.B) is a wonderful defensive dividend stock to own as you're looking to prepare for another market crash.

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Dividend Stocks

CRA Tax Tips: How to Earn $100,000 Annually and Pay ZERO Taxes

| Nelson Smith

Hate taxes? Don't we all! If you want to construct a life where you make a solid family income and…

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Dividend Stocks

Why Did Bank of Nova Scotia (TSX:BNS) Lose 31% Since the Start of 2020?

| Matt Smith

Canadian banks are under pressure, and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is one of the most vulnerable.

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Dividend Stocks

Warning: 2 Dividends That Could Be Next on the Chopping Block!

| Joey Frenette

Canadian Natural Resources Inc. (TSX:CNQ)(NYSE:CNQ) and another blue-chip TSX dividend stock that could be next in line to cut their dividends.

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Energy Stocks

Should You Buy, Sell, or Hold Oil Stocks Right Now?

| Christopher Liew, CFA

Don’t risk your money on oil stocks, including the Suncor stock, in 2020. The sector is extremely volatile. Only the…

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Dividend Stocks

2 Dividend Stocks to Buy and Sell Today

| Ambrose O'Callaghan

The COVID-19 crisis is striking fear into markets again, so investors may want to take profits in hot dividend stocks…

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Dividend Stocks

Earn $1,000/Year From These 3 Cheap TSX Dividend Stocks!

| Robin Brown

TSX dividend stocks are selling at bargain prices today. Invest $15,000 into these three stocks and earn over $1,000 in…

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Dividend Stocks

Top High Yield Dividend Stocks on the TSX Index

| Mat Litalien, MBA

Avoid high yield traps by investing in companies that are committed to the dividend and are supported by an investment…

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Dividend Stocks

If You’ve Got $3,000 to Invest, Buy These Dividend Stocks Now

| Kay Ng

Got some extra cash lying around? Get yields of up to 7% in these solid dividend stocks, while you wait…

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