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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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3 TSX Dividend Stocks That Could Pay You Forever

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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

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This TSX Stock Is Super Cheap and Pays a Monster Dividend

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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

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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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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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

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

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

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2 Super Dividend Stocks Too Cheap to Ignore

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Manulife Financial Inc. (TSX:MFC)(NYSE:MFC) and Sun Life Financial (TSX:SLF)(NYSE:SLF) are two dividend stocks that can be had for cheap in…

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Dividend Stocks

Is This Canada’s Most Defensive Dividend Stock?

| Victoria Hetherington

Canadian National Railway Co. (TSX:CNR)(NYSE:CNI) is one of the most strongly diversified dividend stocks on the TSX. Here’s why else…

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Stock Market Rally in May? 3 Metrics to Watch

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TFSA Investing: Should You Buy TD (TSX:TD) Stock Today?

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Market Crash 2020: Will Royal Bank of Canada Stock Move Lower?

| Aditya Raghunath

Royal Bank of Canada (TSX:RY)(NYSE:RY) stock remains a compelling buy for long-term income investors who seek large but safe dividends.

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| Daniel Da Costa

With coronavirus here to stay for the foreseeable future, I'd caution investors to avoid buying TSX stocks in this one…

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Dividend Stocks

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Dividend Stocks

Can This 14.1% Yielder Maintain Its Generous Dividend?

| Nelson Smith

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Dividend Stocks

Buy a Brookfield (TSX:BAM.A) Stock and Get Rich Over a Lifetime!

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Dividend Stocks

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| Andrew Walker

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Dividend Stocks

Enbridge (TSX:ENB) Dividend: Just How Safe Is This 7.7% Yield?

| Nelson Smith

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Dividend Stocks

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Dividend Stocks

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Royal Bank of Canada (TSX:RY) Just Became a Must-Buy on the Dip

| Joey Frenette

Royal Bank of Canada (TSX:RY)(NYSE:RY) is a compelling buy for long-term income investors who seek large, but safe dividends.

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Dividend Stocks

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| Victoria Hetherington

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Have $1,000? 1 Top Canadian Defensive Stock Yielding 8% to Buy Today

| Matt Smith

Boost your exposure to defensive stocks. Buy Northwest Healthcare REIT (TSX:NWH.UN) today and lock in an 8% yield.

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The Impact of COVID-19 on 5G TSX Stock Returns

| Debra Ray

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| Kay Ng

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Behind Cargojet’s (TSX:CJT) Stock Price Surge

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You should buy Cargojet (TSX:CJT) stock to profit from quick e-commerce trends rather than Shopify (TSX:SHOP)(NYSE:SHOP).

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| Joey Frenette

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Ignore Air Canada (TSX:AC): Buy This Stock Instead!

| Adam Othman

As Air Canada nears bankruptcy, it might be time to ditch the stock and buy shares of a stock like…

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| Adam Othman

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| Nelson Smith

Investing in solid ETFs like the BMO Canadian Dividend ETF (TSX:ZDV) is just easy way to increase your CPP income…

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Dividend Stocks

Canada Revenue Agency: 5 Tax Breaks You Can Grab in 2020!

| Andrew Button

If you hold dividend stocks like Fortis Inc (TSX:FTS)(NYSE:FTS) you can claim several Canada Revenue Agency tax credits.

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Dividend Stocks

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| Vineet Kulkarni

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Dividend Stocks

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If you want to bet on the stock market rally without assuming a bunch of risk, trust Brookfield Renewable Partners…

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| Aditya Raghunath

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Oil Prices Dropped Below ZERO: Is Enbridge (TSX:ENB) in Trouble?

| Christopher Liew, CFA

All eyes are on the Enbridge stock following the deep fall of oil prices in 2020. There might be trouble…

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