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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

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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

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Are you looking for a high-yielding Canadian dividend stock to buy? Enbridge (TSX:ENB) has plenty to offer investors.

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How to Generate $500 in Passive Income Each Month

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

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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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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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3 Growth Stocks You Can Buy Right Now with Less Than $100

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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

Is TD Bank’s (TSX:TD) Stock a Buy After Its Latest Announcement?

| Andrew Button

The Toronto-Dominion Bank (TSX:TD)(NYSE:TD) has confirmed no job losses in 2020 from COVID-19.

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Dividend Stocks

Use Covered Calls and This Utility Stock to Create Your Own 22.9% Dividend

| Nelson Smith

A covered call strategy and TransAlta Renewables (TSX:RNW) can really generate some eye-popping yields. We're talking annualized income of 20%…

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Dividend Stocks

Buying Opportunity: These Top TSX Stocks Are Still Down More Than 50%

| Nelson Smith

Even after the market has rallied, top TSX stocks like Slate Retail REIT (TSX:SRT.UN) and Boardwalk REIT (TSX:BEI.UN) are still…

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Dividend Stocks

TFSA Investors: Profit From the 2020 Market Crash and Retire Wealthy

| Matt Smith

Add Canadian National Railway Company (TSX:CNR)(NYSE:CNI) to your TFSA today and accelerate the creation of wealth.

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Dividend Stocks

The 2020 Market Crash Has Created an Opportunity to Build Wealth

| Matt Smith

After the 2020 market crash buy attractively valued Royal Bank of Canada (TSX:RY)(NYSE:RY) today and lock-in a 5% dividend yield.

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Dividend Stocks

The Double Disaster in COVID-19

| Christopher Liew, CFA

The disasters in COVID-19 are death and debt. Governments need to save lives and rebuild economies. In Canada, retirement homes…

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Dividend Stocks

Market Crash Alert: Buy Dollarama (TSX:DOL) Stock Now!

| Andrew Button

Dollar stores like Dollarama Inc (TSX:DOL) tend to outperform during recessions.

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Dividend Stocks

TFSA Investors: How to Earn $1,350 a Month With $100,000 and Pay ZERO to the CRA

| Joey Frenette

H&R REIT (TSX:HR.UN) is one of many high-yield opportunities that could allow TFSA investors to have their cake and eat…

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Dividend Stocks

Warren Buffett’s Latest Move Is Bad News for Air Canada (TSX:AC) Stock

| Andrew Button

Warren Buffett has dramatically reversed course on airline stocks — a bad sign for Air Canada (TSX:AC)(TSX:AC.B) stock.

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Suncor Energy Inc. (TSX:SU)(NYSE:SU) is a dividend king that could be a huge beneficiary if Donald Trump starts slapping on…

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Dividend Stocks

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| Andrew Walker

Top dividend stocks are now trading at cheap prices for TFSA investors.

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Dividend Stocks

Make $500 in Passive Income a Month With 2 TSX REITs

| Aditya Raghunath

Investing in high-dividend-paying REITs gives investors a passive-income source in a volatile market.

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Dividend Stocks

Warren Buffett’s TSX Gems: Which of His 2 Stocks Is Worth Keeping?

| Christopher Liew, CFA

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Coronavirus

Retirement Stocks: 1 Great Name for Canadians to Buy in April

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Here’s why investors seeking only the best Canadian retirement stocks should take a look at the great rack record of…

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Dividend Stocks

Canadian Retirees: CPP Should Be 100% Solvent When You Retire

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Dividend Stocks

Canadian REITs Yielding Above 20%

| Mat Litalien, MBA

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Dividend Stocks

Worried About a Recession? Buy This TSX Stock for 2020

| Aditya Raghunath

Capital Power stock is part of the utility industry that is generally considered recession-proof.

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Dividend Stocks

CPP Pension: Should You Start Your CPP Payments Earlier Now?

| Adam Othman

Investing in Fortis stock could help you defer starting your CPP payments amid the COVID-19 crisis.

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Dividend Stocks

Why Did Brookfield Renewable (TSX:BEP.UN) Stock Fall 29%?

| Ryan Vanzo

Brookfield Renewable Partners LP (TSX:BEP.UN)(NYSE:BEP) stock has been punished, but this could be a long-term buying opportunity.

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Dividend Stocks

Buy TSX Stocks Like BCE (TSX:BCE), but Avoid This Major Mistake

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Coronavirus

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| Daniel Da Costa

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Why Quality Dividend Stocks can Boost Your Passive Income Today

| Peter Stephens

Buying dividend stocks could be a sound move for long-term income investors.

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Dividend Stocks

Have $1,000 to Invest? Buy Canada’s Most Profitable Bank Today

| Matt Smith

After the market crash buy attractively valued National Bank of Canada (TSX:NA) today and lock-in a 5.6% dividend yield.

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Forget Real Estate Investments, Buy REITs!

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| Andrew Walker

Top Canadian dividend stocks are on sale for TFSA income investors.

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Why Enbridge Stock Price Lagged the TSX by 1.7% in March

| Karen Thomas, MSc, CFA

Enbridge stock underperforms on energy sector woes, but a generous dividend yield and defensive business make the stock very attractive…

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Dividend Stocks

Passive Income Lovers: Lock in a 9.6% Yield on RioCan REIT (TSX:REI.UN) Today

| Nelson Smith

Today is a great time to add RioCan REIT (TSX:REI.UN) and its 9.6% yield to your passive income portfolio. But…

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Bank of Montreal (TSX:BMO) Just Became the Best Bank for Your Buck

| Joey Frenette

Bank of Montreal (TSX:BMO)(NYSE:BMO) is a ridiculously cheap dividend king to buy amid the coronavirus crash.

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Market Crash: This REIT Is a Screaming Buy!

| Joey Frenette

The market crash has created opportunities for investors to secure a 16% yield with names like Inovalis REIT (TSX:INO.UN).

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Here’s My Top Stock for the Rest of 2020

| Ambrose O'Callaghan

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Dividend Stocks

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| Kay Ng

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Dividend Stocks

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| Andrew Walker

Top Canadian dividend stocks appear cheap right now for TFSA investors.

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Dividend Stocks

Crude Oil Market Crash 2020: Alberta Might Never Recover

| Christopher Liew, CFA

Alberta is in a precarious state, but the investment in the Keystone pipeline project is a must to ensure its…

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Dividend Stocks

COVID-19: Brace for a 30% Drop in Canada’s Housing Market

| Andrew Button

A Canadian housing market crash could be bad news for RioCan Real Estate Investment Trust (TSX:REI.UN).

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Dividend Stocks

Emergency Response Benefit in Canada: How Much Can You Get in 2020?

| Adam Othman

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Brookfield Infrastructure (TSX:BIP.UN) Stock Just Plunged: Time to Buy

| Ryan Vanzo

Brookfield Infrastructure Partners L.P. (TSX:BIP.UN)(NYSE:BIP) has built a long-term business. The latest downturn is a buying opportunity.

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Dividend Stocks

Selloff: 2 Stocks That Could Withstand 100 Market Crashes

| Christopher Liew, CFA

The Bank of Montreal stock and the Bank of Nova Scotia stock have seen the worst market crashes. Investors can…

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