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

Oil pumps against sunset
Dividend Stocks

A Strong Correlation to Oil Prices Could Make Cenovus (TSX:CVE) a Good Buy Today

| David Jagielski

Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) has rallied 17% since the start of the year and there's still a lot of upside left…

Read more »

Plane on runway, aircraft
Dividend Stocks

This Dividend Growth Stock Could Double a $6000 TFSA Contribution

| Andrew Button

Air travel stocks are going insane this year, and Cargojet Inc (TSX:CJT) may be the next one to explode

Read more »

Modern buildings in business district
Dividend Stocks

Here’s 1 Stock to Buy While Reducing Your Enbridge (TSX:ENB) Investment

| Victoria Hetherington

Enbridge Inc. (TSX:ENB)(NYSE:ENB) might not be every investor's cup of tea at the moment. Here's a defensive alternative that might…

Read more »

growing plant shoots on stacked coins
Dividend Stocks

TFSA Investors: 3 Cheap Dividend Stocks Paying up to 9%

| David Jagielski

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) and these two other dividend stocks have lots of upside and offer great payouts as well.

Read more »

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

Get Passive Income With This Dividend Champion

| Christopher Liew, CFA

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) can deliver monthly passive income, because the infrastructure giant not only pays high dividends but…

Read more »

Piggy bank next to a financial report
Dividend Stocks

RRSP and TFSA Retirement Investors: 2 Top TSX Index Stocks to Owns for Decades

| Andrew Walker

Here's why Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and another Canadian dividend star deserve to be on your radar.

Read more »

edit Person using calculator next to charts and graphs
Dividend Stocks

5 Reasons to Buy TELUS (TSX:T)

| Christopher Liew, CFA

TELUS Corporation (TSX:T)(NYSE:TU) is one of the top Canadian blue-chip stocks. There are five compelling reasons why investors should include…

Read more »

edit Balloon shaped as a heart
Dividend Stocks

1 of the Best Buy-and-Hold Forever Dividend Stocks

| Kay Ng

Buy and forget Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) to grow your wealth and for a growing dividend.

Read more »

potted green plant grows up in arrow shape
Dividend Stocks

Cautious Investors: 3 Safe Stocks With Growth Potential

| Christopher Liew, CFA

Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ), Power Financial Corp. (TSX:PWF), and Vermilion Energy Inc. (TSX:VET)(NYSE:VET) are three of the safest, high-dividend-paying…

Read more »

Oil pumps against sunset
Dividend Stocks

2 Top Stocks for a Comeback in the Energy Sector

| Kay Ng

Suncor Energy Inc. (TSX:SU)(NYSE:SU) and another top stock are worth much more than where they’re trading at now! Get safe…

Read more »

A young man throwing and catching his daughter above his head
Dividend Stocks

Create Your Own Multi-Generational Wealth Fund With These 3 Canadian Dividend Studs

| Nelson Smith

Grow your wealth over the next 100 years using great stocks like Brookfield Property Partners LP (TSX:BPY.UN)(NASDAQ:BPY) and National Bank…

Read more »

Road signs rerouting traffic
Dividend Stocks

Should You Buy TD Bank (TSX:TD) or BMO (TSX:BMO) Stock for Your TFSA?

| Victoria Hetherington

Bank of Montreal (TSX:BMO)(NYSE:BMO) goes up against another Big Five banking stock for a place in an investor's TFSA.

Read more »

Arrow descending on a graph
Dividend Stocks

2 Dividend Beasts at 52-Week Lows

| Ambrose O'Callaghan

Dividend stocks like Arc Resources Ltd. (TSX:ARX) can be had for cheap right now.

Read more »

Man considering whether to sell or buy
Dividend Stocks

Top Pick Tuesday: 2 Oversold Stocks Now Yielding 6%

| Andrew Walker

Russel Metals Inc. (TSX:RUS) and another reliable dividend pick might be too cheap to ignore.

Read more »

edit Close-up Of A Piggybank With Eyeglasses And Calculator On Desk
Dividend Stocks

New Investors: A Top Canadian Stock for Your TFSA Retirement Fund

| Andrew Walker

Here's why Telus Corporation (TSX:T)(NYSE:TU) deserves to be on your radar right now.

Read more »

Growing plant shoots on coins
Dividend Stocks

Is This Electric Utility Yielding 3.5% Canada’s Best Dividend Growth Stock?

| Matt Smith

Boost income and growth by adding Fortis Inc. (TSX:FTS)(NYSE:FTS) to your portfolio.

Read more »

Female hand holding piggy bank. Save money and financial investment
Dividend Stocks

Stash These 2 Trusted Dividend Stocks in Your RRSP

| Joey Frenette

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and another company will enrich your RRSP!

Read more »

TIMER SAYING TIME FOR ACTION
Dividend Stocks

RRSP Investors: Time to Buy Suncor Energy (TSX:SU) Stock?

| Andrew Walker

Suncor Energy Inc. (TSX:SU) (NYSE:SU) is down 25% from last summer's high. Should you buy the stock today?

Read more »

Oil pumps against sunset
Dividend Stocks

2 Top Stocks Under $8 to Buy in July

| Christopher Liew, CFA

Your small amount of investment can grow by 100% or more when invested in top energy stocks like TORC Oil…

Read more »

Electricity high voltage pole and sky
Dividend Stocks

3 Utility Stock Picks for July

| Ryan Vanzo

Utility stocks can minimize your portfolio's risk while delivering regular income and long-term outperformance. Discover how stocks like Canadian Utilities…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

2 Top Dividend Stocks to Buy for Your TFSA This Summer

| Mat Litalien, MBA

The summer is a great time to top up your TFSA account. Look to the consumer defensive sector and stocks…

Read more »

Cogs turning against each other
Dividend Stocks

2 Value Stocks You Can Set and Forget

| Christopher Liew, CFA

National Bank of Canada (TSX:NA) and TC Energy Corp. (TSX:TRP)(NYSE:TRP) are not only value stocks but high-dividend payers. You can…

Read more »

pipe metal texture inside
Dividend Stocks

3 Pipeline Stock Picks for July

| Ryan Vanzo

Want to buy into a monopoly? Find out how pipelines stocks, including Enbridge Inc (TSX:ENB)(NYSE:ENB) and Inter Pipeline Ltd (TSX:IPL),…

Read more »

Female friends enjoying their dessert together at a mall
Dividend Stocks

TFSA Investors: Collect Succulent Dividends From Canada’s Top Restaurant Chains

| Nelson Smith

Canada's top restaurant chains -- like A&W Revenue Royalties Income Fund (TSX:AW.UN) and Boston Pizza Royalties Income Fund (TSX:BPF.UN) --…

Read more »

Electricity high voltage pole and sky
Dividend Stocks

TFSA Investors: 3 Energy Stocks That Pay up to 7.4%

| David Jagielski

Atco Ltd (TSX:ACO.X) and these two other stocks can offer investors a lot of recurring income and the opportunity to benefit…

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

Beyond the Beyond Meat (NASDAQ:BYND) IPO: A Canadian Way to Feast Off the Alt-Meat Gold Rush

| Joey Frenette

Forget Beyond Meat Inc. (NASDAQ:BYND). Here's a Canadian meatless meat play that has me licking my chops!

Read more »

Gas pipelines
Dividend Stocks

3 Oil Stock Picks for July

| Ryan Vanzo

Following the crash in 2014, several oil stocks have fallen into extreme bargain territory. Discover how to profit with stocks…

Read more »

Canadian Dollars
Dividend Stocks

3 Dividend Aristocrats Yielding 5% or More to Build Wealth Faster

| Matt Smith

Add Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA), Brookfield Renewable Partners L.P. (TSX:BEP.UN)(NYSE:BEP), and Enbridge Inc. (TSX:ENB)(NYSE:ENB) to your portfolio to boost income…

Read more »

Dividend Stocks

New RRSP Investors: Should Toronto-Dominion Bank (TSX:TD) Stock Be in Your Portfolio?

| Andrew Walker

Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is often cited as a top stock pick. Should you buy the bank for your RRSP today?

Read more »

Burning gas and electric cooker rings
Dividend Stocks

3 Natural Gas Stock Picks for July

| Ryan Vanzo

Natural gas stocks have been losing bets for nearly a decade. Finally, expectations have hit rock bottom, creating buying opportunities…

Read more »

Economic Turbulence
Dividend Stocks

Is Your TFSA Recession Ready? Load Up These 2 Stocks and It Will Be!

| Joey Frenette

Fortis Inc. (TSX:FTS)(NYSE:FTS) and one other stock to make your TFSA portfolio bulletproof.

Read more »

Growing plant shoots on coins
Dividend Stocks

Dividend Growth Alert: 2 Fast Food Stocks to Fatten Up Your TFSA, RRSP, or RESP

| Joey Frenette

Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) and another fast-food titan to buy for its dividend growth potential.

Read more »

Senior housing
Dividend Stocks

2 Top Retirement Stocks to Buy in July

| Ryan Vanzo

Want to cruise into a comfortable retirement? Discover why CAE Inc (TSX:CAE)(NYSE:CAE) and Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) can make…

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

3 Banking Stock Picks for July

| Ryan Vanzo

Canada's banks sector, which includes giants like Bank of Nova Scotia (TSX:BNS)(NYSE:BNS), has a proven history of resiliency and big…

Read more »

Growing plant shoots on coins
Dividend Stocks

Income Investors: 3 Top Dividend Stocks Yielding 5-6% for Your TFSA

| Andrew Walker

Canadian Imperial Bank of Commerce (TSX:CM) (NYSE:CM) and another two high-quality companies offer above-average yield and reasonably priced stocks today.

Read more »

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

A Popular Real Estate Stock Could Soar if it Makes This 1 Acquisition

| Victoria Hetherington

Brookfield Property Partners LP (TSX:BPY.UN)(NASDAQ:BPY) is an attractive real estate play with a juicy yield. But is it about to…

Read more »

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

These 2 REITs Are Perfect for Monthly Income

| Kay Ng

Looking for safe monthly income? Consider buying H&R Real Estate Investment Trust (TSX:HR.UN) and another top quality REIT.

Read more »

Senior couple at the lake having a picnic
Dividend Stocks

How to Turn Your Annual $6,000 TFSA Contribution Into a Massive Retirement Fund

| Andrew Walker

Canadian National Railway Company (TSX:CNR)(NYSE:CNI) is a good example of a stock that has made long-term investors rich. Here's how…

Read more »

Bad apple with good apples
Dividend Stocks

2 Deeply Oversold TSX Dividend Stocks to Go All-In on (and 1 You’ll Be Better Off Avoiding)

| Jason Phillips

Two oversold stocks, including High Liner Foods Inc (TSX:HLF), offer investors the promise of future dividends (both figuratively and literally),…

Read more »

Where to Invest?
Dividend Stocks

Revealed: 3 Top Stocks to Buy in July (and 1 to Avoid at All Costs)

| Nelson Smith

Bombardier, Inc. (TSX:BBD.B) and Vermilion Energy Inc. (TSX:VET)(NYSE:VET) are both buys, while I'd stay far away from Rocky Mountain Dealerships…

Read more »