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

Various Canadian dollars in gray pants pocket
Dividend Stocks

TFSA Investors: 3 Wealth-Securing Dividend Stocks Yielding up to 6.8%

| Brian Pacampara, CFA

This trio of high-yield plays, including Canadian Natural Resources Ltd (TSX:CNQ)(NYSE:CNQ), can provide the fat income you need now.

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Bargain Hunters: You’ve Got to Check Out This Cheap Stock

| Nelson Smith

Genworth MI Canada Inc. (TSX:MIC) is one of the best stocks in Canada today. It's time to add it to…

Read more »

Dad and son having fun outdoor. Healthy living concept
Dividend Stocks

3 Ways BCE and Rogers Shareholders Stand to Benefit from the Toronto Raptors Win

| Jason Phillips

Find out how the Toronto Raptors first-ever NBA championship will benefit the shareholders of its joint owners BCE Inc. (TSX:BCE)(NYSE:BCE)…

Read more »

Canadian Dollars
Dividend Stocks

3 Reliable Insurance Stocks to Buy This Summer

| Ryan Vanzo

Insurance stocks can have less risk than the market while providing a regular income stream. Find out why stocks like…

Read more »

Growing plant shoots on coins
Dividend Stocks

3 Dividend Stocks to Buy This Summer

| Ryan Vanzo

No matter your age, dividend stocks can add critical value to your portfolio. Discover why we love Molson Coors Canada…

Read more »

A bull outlined against a field
Dividend Stocks

Uranium Bulls Have a Solid Pick in Cameco (TSX:CCO) Stock Right Now

| Victoria Hetherington

Cameco Corp. (TSX:CCO)(NYSE:CCJ) is the go-to choice for uranium investors. Here's what investors have to look forward to.

Read more »

Hands holding trophy cup on sky background
Dividend Stocks

Not All Great Banks Are Big Banks

| Demetris Afxentiou

Investors looking to diversify their portfolios outside the big banks should consider the investment opportunity that is Laurentian Bank of…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

Unlock the Full Power of Your TFSA

| Kay Ng

Lock in a safe yield of 6.4% with discounted Enbridge Inc. (TSX:ENB)(NYSE:ENB) stock right now!

Read more »

Dividend Stocks

3 Dividend Stocks on Sale Yielding up to 7%

| David Jagielski

Suncor Energy Inc (TSX:SU)(NYSE:SU) and these two other dividend stocks have fallen in price recently, giving investors an opportunity to lock in…

Read more »

TELECOM TOWERS
Dividend Stocks

Jagmeet Singh Targets Telecoms: Are the Big 3 Still Safe to Own?

| Joey Frenette

What investors need to know about the telecoms like Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) after NDP Leader Jagmeet Singh set them…

Read more »

Senior housing
Dividend Stocks

Retirees: 3 Rock-Solid REITs to Start Your TFSA Income Fund

| Joey Frenette

Retirees ought to buy RioCan Real Estate Investment Trust (TSX:REI.UN) and two other REITs right now.

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

Are Canada’s Banking Stocks Ready to Crash?

| Mat Litalien, MBA

Canada's banking system is under attack by the bears. Toronto-Dominion Bank (TSX:TD)(NYSE:TD) stock is one of the best positioned to…

Read more »

Man holding magnifying glass over a document
Dividend Stocks

1 Surprisingly Defensive Auto Stock to Drive Up Your Dividends

| Victoria Hetherington

Magna International Inc. (TSX:MG)(NYSE:MGA) is a dividend stock unlike any other. Here's why you should get invested.

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

The Best Banking Bang for Your Buck

| Joey Frenette

Why Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is far too cheap to ignore at this juncture.

Read more »

Canadian Dollars
Dividend Stocks

TFSA Investors: 3 Under-the-Radar Dividend Studs Paying Up to 8.2%

| Nelson Smith

Little-known dividend stocks like Gamehost (TSX:GH) and Medical Facilities Corp (TSX:DR) can offer some pretty sweet dividends. Check them out!

Read more »

Silhouette of businessman sit on chair and hold a cigar and looking at the city in night.
Dividend Stocks

Invest Like Kevin O’Leary by Doing This One Thing

| Nelson Smith

Start building your own Kevin O'Leary-approved portfolio today with dividend studs like BCE Inc. (TSX:BCE)(NYSE:BCE) and Enbridge Inc. (TSX:ENB)(NYSE:ENB).

Read more »

Growing plant shoots on coins
Dividend Stocks

A Forever Dividend Stock That’s Ideal for TFSA Investors

| Demetris Afxentiou

Investors seeking long-term growth and income-earning potential should consider adding Toronto-Dominion Bank (TSX:TD)(NYSE:TD) to their portfolio.

Read more »

Arrowings ascending on a chalkboard
Dividend Stocks

3 Top Passive Income Stocks Hitting New 52-Week Highs

| Brian Pacampara, CFA

Tired of declines? This trio of momentum stocks, including Fortis (TSX:FTS)(NYSE:FTS), might have the rocket fuel (and income) you need.

Read more »

Canadian Dollars
Dividend Stocks

Hate Your Job? Quit and Make $1300 in Tax-Free Monthly Income

| Amy Legate-Wolfe

If you're looking for that sign it's time to quit your job, consider American Hotel Income Properties REIT (TSX:HOT.UN), Chemtrade Logistics…

Read more »

Pixelated acronym REIT made from cubes, mosaic pattern
Dividend Stocks

Get $1,000 of Passive Income a Year From This Reliable REIT

| Kay Ng

Watch your income roll in bigger every year from attractive high-yield Brookfield Property Partners L.P. (TSX:BPY.UN)(NASDAQ:BPY) today!

Read more »

question marks written reminders tickets
Dividend Stocks

Dollarama (TSX:DOL) Stock Is Surging Again: Time to Buy?

| Haris Anwar

Dollarama Inc. (TSX:DOL) stock is regaining its lost ground fast. Is it a time to buy?

Read more »

Dad and son having fun outdoor. Healthy living concept
Dividend Stocks

Finally! The TSX Gets a Dedicated E-Sports ETF Tomorrow

| Victoria Hetherington

Canadian investors looking for exposure to the billion-dollar e-gaming industry will soon have their own answer to Nvidia Corp. (NASDAQ:NVDA).

Read more »

Increasing yield
Dividend Stocks

2 High-Yield REITs to Buy and Hold Forever

| Amy Legate-Wolfe

CT Real Estate Investment Trust (TSX:CRT.UN) and Dream Global Real Estate Investment Trust (TSX:DRG.UN) are two under-the-radar REITs that belong in your passive-income…

Read more »

Dividend Stocks

Never Mind the Banking Bears: BMO (TSX:BMO) Is Still a Solid Dividend Stock

| Victoria Hetherington

Forget the naysayers -- Bank of Montreal (TSX:BMO)(NYSE:BMO) stock is solid and pays a stable dividend.

Read more »

Payday ringed on a calendar
Dividend Stocks

Get Paid Every Month for a Lifetime With These 3 Dividend Studs

| Nelson Smith

Great stocks like Inter Pipeline Ltd. (TSX:IPL) and A&W Revenue Royalties Income Fund (TSX:AW.UN) will ensure you have enough income…

Read more »

A stock price graph showing growth over time
Dividend Stocks

This Surprising Stock Is up 1,508% … and it Still Has Room to Run

| Nelson Smith

Premium Brands Holdings Corp (TSX:PBH) has quietly been one of the TSX's top stocks over the last decade, and it…

Read more »

You Should Know This
Dividend Stocks

Scoop up This Unfairly Beaten-Up Stock Before It’s Too Late!

| Nelson Smith

Molson Coors Brewing Company (TSX:TPX.B)(NYSE:TAP) is one of Canada's most undervalued stocks. Here's why shares could be 100% higher in…

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

You’re Not Too Late to Get Rich Off This Millionaire-Maker Stock

| Ryan Vanzo

Boyd Group Income Fund (TSX:BYD.UN) stock has turned countless shareholders into millionaires. Judging by industry data, it's not too late…

Read more »

question marks written reminders tickets
Dividend Stocks

Best Canadian Bank Today: TD Bank (TSX:TD) or CIBC (TSX:CM)?

| Karen Thomas, MSc, CFA

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) offers investors a juicy dividend yield of 5.43%, but Toronto-Dominion Bank (TSX:TD)(NYSE:TD) has the…

Read more »

Senior couple at the lake having a picnic
Dividend Stocks

2 Dividend Stocks That’ll Give You Decades of Passive Income

| Amy Legate-Wolfe

Whether it's to save for retirement or just build your bottom line, TC Energy Corp (TSX:TRP)(NYSE:TRP) and Nutrien Ltd. (TSX:NTR)(NYSE:NTR) will give…

Read more »

office buildings
Dividend Stocks

2 Stocks That Could Give You Top Returns When Rates Are Falling

| Haris Anwar

Brookfield Renewable Partners(TSX:BEP.UN)(NYSE:BEP) is one of the top yielding stocks that could help earn higher returns.

Read more »

Community homes
Dividend Stocks

How to Turn Your TFSA Into a Real Estate Empire With REITs

| Joey Frenette

How to start a passive-income empire with solid REITs like RioCan Real Estate Investment Trust (TSX:REI.UN).

Read more »

Simple life style relaxation with Asian working business woman healthy lifestyle take it easy resting in comfort hotel or home living room having free time with peace of mind and self health balance
Dividend Stocks

Earn $300/Month of Passive Income With This Dividend Aristocrat

| Christopher Liew, CFA

Capital Power Corporation (TSX:CPX) is not the top seed among the independent power producers in Canada. However, it is considered…

Read more »

Dad and son having fun outdoor. Healthy living concept
Dividend Stocks

The Best Banking Stock You Can Buy for the Next 20 Years

| Kay Ng

Which of Canada’s top banks should you buy and hold -- Royal Bank of Canada (TSX:RY)(NYSE:RY) or Toronto-Dominion Bank (TSX:TD)(NYSE:TD)?

Read more »

Value for money
Dividend Stocks

3 Value Stocks to Buy This Summer

| Ryan Vanzo

Want to add under-priced stocks to your portfolio? Now is the time to purchase value stocks like Manulife Financial (TSX:MFC)(NYSE:MFC)…

Read more »

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

The Best Retail Stocks: 2 Stocks You Should Buy Now

| Jason Phillips

Find out how these two retailers have been able to weather the storm disrupting traditional brick-and-mortar, including Alimentation Couche-Tard Inc…

Read more »

Hand arranging wood block stacking as step stair with arrow up.
Dividend Stocks

3 Stocks That Could Be 5-Baggers in the Next Decade

| Daniel Da Costa

CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST), Peyto Exploration & Development Corp (TSX:PEY), and Questor Technology Inc (TSXV:QST) are all investments with huge…

Read more »

Top view of mixed race business team sitting at the table at loft office and working. Woman manager brings the document
Dividend Stocks

Millennials: 3 Stocks to Stash in Your TFSA

| Demetris Afxentiou

Investors looking to establish a solid TFSA portfolio with decades of growth should contemplate investing in BCE Inc. (TSX:BCE)(NYSE:BCE) and…

Read more »

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

This Canadian Wine Company Offers Great Value in a Growing Industry

| Daniel Da Costa

Andrew Peller Limited (TSX:ADW.A) is one of the largest publicly trade wine-producing companies in Canada. It is integrated well into…

Read more »

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

3 Top Stocks to Buy This Summer

| Amy Legate-Wolfe

Royal Bank of Canada (TSX:RY)(NYSE:RY), Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM), and one other strong stock are trading on the cheap, but by…

Read more »