Motley Fool Premium
  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:

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

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 »

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 »

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 »

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 »

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 »

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 »

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

how to save money
Dividend Stocks

How I’d Invest $50,000 of TFSA Cash to Protect Against Currency Risks

| Amy Legate-Wolfe

If you have a bunch of cash but are worried about where to put it in a TFSA, here are…

Read more »

RRSP (Registered Retirement Savings Plan) on wooden blocks and Canadian one hundred dollar bills.
Dividend Stocks

RRSP Investors: 2 TSX Dividend Stocks to Buy on a Dip

| Andrew Walker

These stocks have paid good dividends for decades.

Read more »

Canadian flag
Dividend Stocks

The “Buy Local” Boom: Canadian Stocks Benefiting From Shifting Consumer Sentiment

| Brian Paradza, CFA

Maple Leaf Foods (TSX:MFI) and two other Canadian domestic stocks may ride a tariffs-induced consumer sentiment to revenue and earnings…

Read more »

data analyze research
Dividend Stocks

Should You Buy This TSX Dividend Stock for its 4.6% Dividend Yield?

| Aditya Raghunath

Brookfield Infrastructure is a TSX dividend stock that continues to perform well amid a challenging macro environment.

Read more »

exchange traded funds
Dividend Stocks

Beat Market Swings With 2 Canadian ETFs to Boost Your Passive Income

| Daniel Da Costa

These two ETFS hold a diversified portfolio of reliable dividend stocks, making them ideal investments for passive-income seekers.

Read more »

money cash dividends
Dividend Stocks

Cash Kings: 3 TSX Stocks That Pay Monthly

| Sneha Nahata

These TSX stocks provide ultra-high yields and frequent cash to support regular expenses and reinvest more often.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

How I’d Allocate $10,000 in Passive-Income Stocks in Today’s Market

| Christopher Liew, CFA

Two dividend stocks are safe options to earn monthly passive income in today’s market.

Read more »

A meter measures energy use.
Dividend Stocks

Got $2,500? Why I’d Allocate it to 3 Utility Stocks for Stable Long-Term Income

| Rajiv Nanjapla

Supported by their solid underlying businesses, stable cash flows, and healthy growth prospects, these three utility stocks would help earn…

Read more »

An investor uses a tablet
Dividend Stocks

TFSA: Invest $10,000 in Telus Stock and Create $2,270 in Annual Passive Income

| Puja Tayal

Telus stock can give you annual passive income that can beat inflation. However, you can also compound your income through…

Read more »

voice-recognition-talking-to-a-smartphone
Dividend Stocks

Here’s How Many Shares of BCE Stock to Own for $5,000 in Annual Dividends, Even if the Loonie Slides

| Amy Legate-Wolfe

BCE stock is now one of the highest yielding dividend stocks out there, but are dividends enough?

Read more »

Dividend Stocks

Top Canadian Value Stocks I’d Buy For Growth and Income

| Daniel Da Costa

These Canadian value stocks all have major growth potential and return capital to investors, making them three of the best…

Read more »

A woman shops in a grocery store while pushing a stroller with a child
Dividend Stocks

Alimentation Couche-Tard: How Investors Can Approach This Retail Giant in 2025

| Chris MacDonald

Let's dive into a couple key factors investors in Alimentation Couche-Tard may want to consider as long-term reasons to hold…

Read more »

Forklift in a warehouse
Dividend Stocks

An Ideal 6.8% Dividend Stock Paying Cash Every Month as Trade Tensions Rise

| Amy Legate-Wolfe

Many real estate stocks aren't exactly safe, but this dividend stock certainly has a secure outlook.

Read more »

Illustration of data, cloud computing and microchips
Dividend Stocks

Top Canadian Value Stocks I’d Buy Now While They’re Trading Below Fair Value

| Christopher Liew, CFA

These small-cap stocks are top buys right now for their unique value propositions.

Read more »

A worker drinks out of a mug in an office.
Dividend Stocks

How I’d Invest $15,000 in These 3 Stocks That Pay Monthly Dividends

| Aditya Raghunath

Investing in monthly TSX dividend stocks such as Whitecap can help you begin a steady passive-income stream in 2025.

Read more »

Man data analyze
Dividend Stocks

How to Get $500 in Monthly Dividends From Manulife Stock in a World of High Borrowing Costs

| Amy Legate-Wolfe

Manulife stock is one strong company that might look like it's getting even stronger and could provide major dividends on…

Read more »

A worker gives a business presentation.
Dividend Stocks

Tired of Market Turbulence? 2 Reliable Dividend Payers for Canadian Investors Seeking Stability

| Joey Frenette

Restaurant Brands International (TSX:QSR) and another top stock to ride out a tariff wave in May 2025.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

TFSA Income: 2 High-Yield Dividend Stocks for Retirees

| Andrew Walker

These stocks pay attractive dividends for investors seeking TFSA passive income.

Read more »

money cash dividends
Dividend Stocks

This 7.7% Dividend Stock Is My Top Pick for Immediate Income

| Sneha Nahata

A $10,000 investment in this high yield stock could generate more than $193 in dividend income every quarter.

Read more »

oil and natural gas
Dividend Stocks

TC Energy Stock: Buy, Hold, or Sell Now?

| Andrew Walker

TC Energy is up 40% in the past year. Are more gains on the way?

Read more »

Hand Protecting Senior Couple
Dividend Stocks

Retirees: Where I’d Invest $20,000 in Safer High-Yield Stocks for Income Needs

| Rajiv Nanjapla

These three dividend stocks with high yields would be excellent buys for retirees.

Read more »

Caution, careful
Dividend Stocks

3 Red Flags the CRA Is Watching for as More Canadians Repatriate Investments

| Amy Legate-Wolfe

There are some major red flags investors should watch for, but also one investment to consider.

Read more »

A bull and bear face off.
Dividend Stocks

Bear Market Defence: 2 Steady Canadian Dividend Payers Worth Securing Now

| Joey Frenette

Fairfax Financial Holdings (TSX:FFH) and another top TSX performer could be a great way to persevere in a bear market…

Read more »

A close up color image of a small green plant sprouting out of a pile of Canadian dollar coins "loonies."
Dividend Stocks

Passive Income: 2 Dividend-Growth Stocks to Buy on a Dip

| Andrew Walker

These stocks have increased their dividends annually for decades.

Read more »

hand stacks coins
Dividend Stocks

Should You Buy This 6.63% Dividend Stock for Consistent Passive Income?

| Christopher Liew, CFA

A high-yield defensive stock is suitable for investors seeking consistent passive income.

Read more »

RRSP Canadian Registered Retirement Savings Plan concept
Dividend Stocks

Building an RRSP Fortune: 4 Key Insights

| Christopher Liew, CFA

The RRSP is not only a tax-saver but a wealth-builder for Canadian income earners.

Read more »

Sliced pumpkin pie
Dividend Stocks

Market Sell-Off: Why These 2 TSX Blue-Chip Stocks Are Too Attractive to Ignore Right Now

| Adam Othman

Investors worried about the sell-off due to trade tensions might want to secure their investment capital by investing in these…

Read more »

Piggy bank with word TFSA for tax-free savings accounts.
Dividend Stocks

Transform Your TFSA Into a Tax-Free Monthly Income Machine ($193 a Month!)

| Sneha Nahata

These TSX dividend stocks offer high yields and monthly payouts. You can earn over $193 in tax-free income per month.

Read more »

The TFSA is a powerful savings vehicle for Canadians who are saving for retirement.
Dividend Stocks

TFSA: Invest $10,000 in This TSX Stock That Thrives During Market Volatility

| Amy Legate-Wolfe

This TSX stock isn't your typical investment, but that could be a major benefit for investors.

Read more »

GettyImages-1394663007
Dividend Stocks

8% Yield: 2 Stocks I’d Buy in April 2025

| Puja Tayal

April had a bearish start because of Trump’s reciprocal tariffs. This dip created an opportunity to lock in an 8%…

Read more »

A worker uses a laptop inside a restaurant.
Dividend Stocks

A Misunderstood Growth Stock Down 23%: Why I’m Considering goeasy for a $5,000 Investment

| Kay Ng

goeasy stock remains a good growth stock for a diversified long-term investment portfolio.

Read more »

Paper Canadian currency of various denominations
Dividend Stocks

Invest $25,000 in These 3 Dividend Stocks for $150 in Monthly Income

| Rajiv Nanjapla

These three high-yielding dividend stocks would generate a monthly dividend payout of over $150.

Read more »

dividends can compound over time
Dividend Stocks

These Magnificent TSX Dividend Stocks Look Worthy of a $25,000 Long-Term Investment

| Aditya Raghunath

Here's why you should consider investing in TSX dividend stocks such as GWO and Canadian Pacific Kansas Railway.

Read more »

Hourglass and stock price chart
Dividend Stocks

How to Structure a $12,000 Portfolio Across 3 Reliable TSX Dividend Stocks

| Andrew Walker

These top TSX dividend stocks have increased their distributions annually for decades.

Read more »

Dividend Stocks

Buy the Dip: 2 TSX Stocks Trading at a Bargain

| Adam Othman

Leverage the dip and add shares of these two TSX stocks to your self-directed portfolio and benefit from a recovery…

Read more »

Investor wonders if it's safe to buy stocks now
Dividend Stocks

Up by 29%, Is Fortis Stock a Risky Buy?

| Adam Othman

Often considered an excellent long-term holding, is Fortis (TSX:FTS) stock a good investment at current levels or too risky to…

Read more »

money cash dividends
Dividend Stocks

Got $3,000? Where I’d Put it in 3 Income Stocks for Reliable Dividend Streams

| Demetris Afxentiou

Are you looking to generate reliable dividend streams? These three picks can provide income and growth for long-term investors.

Read more »

Dividend Stocks

Earn While You Sleep: 3 Canadian Dividend Stocks for Effortless Earnings

| Sneha Nahata

These companies have a solid track record of dividend payments and growth, making them no-brainer stocks for effortless earnings.

Read more »

a person watches a downward arrow crash through the floor
Dividend Stocks

Market Correction Warning: Buy These 2 TSX Dividend Stocks Right Now

| Adam Othman

Invest in these two TSX dividend stocks if you’re worried about a correction and seek dividends to mitigate losses during…

Read more »

money goes up and down in balance
Dividend Stocks

Scotiabank: Buy, Sell, or Hold in 2025?

| Andrew Walker

Bank of Nova Scotia is down 15% in 2025. Is the stock now oversold?

Read more »