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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

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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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Enbridge Is a High-Yielding Canadian Dividend Stock to Buy Now and Own Forever

| Demetris Afxentiou

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Need Passive Income? Turn $5,000 Into $23.85 Every Month

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This TSX Stock Is Super Cheap and Pays a Monster Dividend

| Puja Tayal

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| 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

Dividend Stocks

Retirees: Do THIS to Recession-Proof Your RRSP!

| Andrew Button

If you're looking to recession-proof your portfolio, consider utility stocks like Fortis Inc (TSX:FTS)(NYSE:FTS).

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Sell in May and Go Away? Don’t.

| Mat Litalien, MBA

The sell in May strategy is based on false assumptions. Likewise, selling when most stocks have still trading near year…

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Dividend Stocks

This TSX Stock Is Vulnerable to the COVID-19 Pandemic

| Aditya Raghunath

While Finning International has lost considerable momentum in 2020, it remains vulnerable to the current uncertain environment.

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Dividend Stocks

Income Investors: 7% Dividend Yields That Are Actually Safe

| Joey Frenette

Enbridge (TSX:ENB)(NYSE:ENB) and Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) sport dividend yields that aren't too good to be true for…

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Dividend Stocks

Warren Buffett Would Love These 3 Canadian Companies

| Chris MacDonald

Iconic investor Warren Buffett would approve of these three picks: Canadian National Railway (TSX:CNR)(NYSE:CNI), Suncor Energy (TSX:SU)(NYSE:SU), and Manulife Financial…

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Dividend Stocks

CRA Tip: Ignore the Deadline Change and Do This

| Kay Ng

The Canada Revenue Agency extended the tax-filing deadline to June, but you should ignore the change and do this for…

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Is a Huge Housing Market Crash Likely in 2020?

| Christopher Liew, CFA

Every time there is talk about a housing market crash, CIBC stock comes into focus. The bank with the highest…

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Dividend Stocks

Retire Rich: Should TFSA Investors Buy CN (TSX:CNR) Stock Today?

| Andrew Walker

Long-term investors in CN (TSX:CNR)(NYSE:CNI) stock have become quite wealthy. Is this the right time to add CN to your…

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Have $2,000 to Invest? Bet on Canada’s Warren Buffett for the Next 20 Years

| Joey Frenette

Fairfax Financial Holdings Ltd. (TSX:FFH) is a bet on the return of Prem Watsa, a.k.a. Canada's Warren Buffett, after his…

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Dividend Stocks

Oil Crash 2020: Canadian Natural Resources (TSX:CNQ) Stock Remains a Top Pick

| Karen Thomas, MSc, CFA

Canadian Natural Resources earnings release show that Canadian Natural Resources stock is the stock to own in an oil crash.

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TFSA Investors: Avoid These Dividend Stocks!

| David Jagielski

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Dividend Stocks

CRA: 1/3rd of Canadians Are Making This Big TFSA Mistake

| Adam Othman

Learn about this critical TFSA mistake that 33% of Canadians are making and invest in a stock like Suncor.

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Dividend Stocks

Here’s What $5,000 Invested in This TSX Stock Will Make in 5 Years

| Victoria Hetherington

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Dividend Stocks

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Dividend Stocks

CN Rail (TSX:CNR): A Top Canadian Stock to Buy in May

| Haris Anwar

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Dividend Stocks

Why the Sun Life Stock Price Soared Over 6.5% Yesterday

| Karen Thomas, MSc, CFA

Sun Life's earnings result beats expectations on strong results in Asia and at MFS, sending the stock price soaring higher.

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Dividend Stocks

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Dividend Stocks

Wise Warren Buffett Words to Follow Right Now

| Adam Othman

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Dividend Stocks

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| Robin Brown

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| Adam Othman

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| Sneha Nahata

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| Kay Ng

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| Kris Knutson

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| Matt Smith

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| Christopher Liew, CFA

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| Aditya Raghunath

A look at Capital Power's impressive Q1 performance.

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| David Jagielski

Dollarama (TSX:DOL) and this other stock are some of the safer investments to have in your portfolio right now.

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| Christopher Liew, CFA

Signals are emerging that momentum is starting to build in the TSX. TFSA users thinking of investing again should consider…

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CIBC (TSX:CM) Stock: Is This 7% Dividend Yield the Deal of the Decade?

| Andrew Walker

CIBC (TSX:CM)(NYSE:CM) stock offers a 7% dividend yield. Is the distribution safe?

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| Mat Litalien, MBA

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| Adam Othman

Northwest Healthcare Properties could be an ideal asset to consider in the event of a housing market crash.

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Enbridge Stock Is Yielding 8%, But Is it Safe to Buy?

| Haris Anwar

Enbridge stock is offering one of the best dividend yields these days. But volatile energy prices have kept investors on…

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| Aditya Raghunath

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is a bargain today and investors could miss out on an amazing opportunity if they don't buy…

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Dividend Stocks

3 Stocks to Buy and Hold During the Coronavirus Pandemic

| David Jagielski

Jamieson Wellness (TSX:JWEL) and these two other stocks have outperformed the TSX in 2020, and they could still go higher.

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| Debra Ray

Top stock market movers of 2020 report profitable Covid-19 defence contracts and innovative, high return technology like Airboss of America…

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Dividend Stocks

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| Ryan Vanzo

The market rally has pushed prices higher, but if you're nervous about another downturn, load up on Hydro One Limited…

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Dividend Stocks

Suncor (TSX:SU) Stock: Time to Sell?

| Mat Litalien, MBA

Suncor's (TSX:SU)(NYSE:SU) is no longer a reliable dividend stock. It slashed the dividend by 55%, and the outlook remains bearish.

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Bank Stocks

Income Investors: With a 5.5% Yield, TD Bank (TSX:TD) Is a Buy Today

| Kris Knutson

If there is a prolonged economic slowdown, you will need to pick the right bank. Holding a diversified bank like…

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