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

growing plant shoots on stacked coins
Dividend Stocks

5 Dividend Stocks to Buy With Yields Upwards of 5%

| Daniel Da Costa

These five companies all earn tonnes of cash flow, making them some of the best long-term dividend stocks you can…

Read more »

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 »

Recent Dividend Stocks News

A bull and bear face off.
Dividend Stocks

Bear Market: 2 Safe TSX Stocks to Buy Right Now

| Nicholas Dobroruka

Here are two TSX stocks you can feel good about buying today regardless of how volatile the market may be.

Read more »

Two seniors float in a pool.
Dividend Stocks

Nearing Retirement? The 3 Best TSX Dividend Stocks to Buy Now

| Vineet Kulkarni

Here are three TSX stocks to take care of you in your sunset years.

Read more »

lab worker inspects test tubes
Dividend Stocks

3 Biotech Stocks to Buy Before the Down Market Is Over

| Christopher Liew, CFA

Biotech stocks are high-risk, high-reward investments, although three names are buying opportunities in the current down market.

Read more »

Dividend Stocks

2 Stocks That Actually Benefit From Rising Interest Rates

| Andrew Walker

Banks and insurance companies can benefit from soaring interest rates.

Read more »

TFSA and coins
Dividend Stocks

TFSA Passive Income: 3 Stocks to Make $475 Per Month in 2023

| Aditya Raghunath

TFSA investors can earn over $475 each month in 2023 by buying shares of dividend stocks such as Keyera right…

Read more »

A plant grows from coins.
Dividend Stocks

3 Stocks With a Combined 54 Years of Dividend Growth for Steady Safety

| Adam Othman

Dividend Aristocrats that offer reasonably decent capital-appreciation potential can be considered safe buys for most investors.

Read more »

top TSX stocks to buy
Dividend Stocks

Want Tax-Free Passive Income? Turn $6,500 Into $33 Each Month in 2023

| Aditya Raghunath

Bank of Nova Scotia is a blue-chip dividend-paying stock trading on the TSX. Down 28% from all-time highs, is BNS…

Read more »

Woman has an idea
Dividend Stocks

The Smartest Dividend Payers to Buy With $500 Right Now

| Robin Brown

Here are three smart dividend stocks you could buy with as little as $500 right now.

Read more »

Arrowings ascending on a chalkboard
Dividend Stocks

3 Income Stocks That Could Beat the Broader Market

| Aditya Raghunath

Dividend stocks on the TSX such as Keyera and TC Energy offer generous yields to investors, making them top bets…

Read more »

Growth from coins
Dividend Stocks

Better Buy for Rising Dividends: Royal Bank Stock or Enbridge?

| Andrew Walker

These top TSX dividend stocks just raised their distributions. Is one a better buy heading into a potential recession?

Read more »

data analytics, chart and graph icons with female hands typing on laptop in background
Dividend Stocks

The 3 Passive-Income Stocks I’m Buying Next and Never Selling

| Amy Legate-Wolfe

You can safely hold these passive-income stocks forever thanks to their growth within the infrastructure sector.

Read more »

Profit dial turned up to maximum
Dividend Stocks

TFSA: Put $24,000 Into These Stocks and Earn $1,200/Year in Passive Income

| Robin Brown

Here’s a hypothetical dividend income portfolio that could yield a significant amount of annual cash.

Read more »

edit Sale sign, value, discount
Dividend Stocks

3 Unjustifiably Cheap Dividend Stocks

| Andrew Button

Cheap stocks like the Canadian Imperial Bank of Commerce (TSX:CM) often have high dividend yields.

Read more »

financial freedom sign
Dividend Stocks

3 Dividend Stocks That Could Pay You the Rest of Your Life

| Jed Lloren

Are you looking for stocks that could pay you for the rest of your life? Here are three top picks!

Read more »

Canadian Dollars
Dividend Stocks

How I’d Invest $250 in December to Make Easy Passive Income

| Vineet Kulkarni

Three TSX stocks look attractive for stable passive income.

Read more »

TFSA and coins
Dividend Stocks

2 Dividend Heavyweights to Help Your TFSA Soar in 2023

| Joey Frenette

TD Bank (TSX:TD) and another dividend stock can help make you rich, with minimal effort.

Read more »

Dividend Stocks

3 Blue-Chip Dividend Stocks to Stabilize Your Portfolio

| Amy Legate-Wolfe

If you're looking for stability, these three dividend stocks offer that in spades as titans within their industries.

Read more »

Payday ringed on a calendar
Dividend Stocks

How to Turn Your TFSA Into $300 Cash Every Month

| Aditya Raghunath

The TFSA can be used to create a portfolio of dividend stocks, allowing investors to benefit from a steady stream…

Read more »

TFSA and coins
Dividend Stocks

TFSA Couples: How to Invest for $777 of Passive Income Each Month

| Aditya Raghunath

The TFSA or Tax-Free Savings Account can be used to buy and hold a portfolio of blue chip dividend stocks…

Read more »

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

Investing in the Stock Market Could Turn Your $1,000 Into $100,000: Here’s How

| Puja Tayal

The stock market can convert a $1,000 regular investment into $100,000 without making too risky bets. Here’s a simple strategy…

Read more »

Dividend Stocks

1 Cheap Industrial Stock to Buy Now and Never Sell

| Vishesh Raisinghani

The e-commerce boom is causing warehouse shortages. This industrial real estate stock is meeting the demand and paying an attractive…

Read more »

Businessperson's Hand Putting Coin In Piggybank
Dividend Stocks

$40,000 in These 4 Stocks = A Tidy Monthly Income

| Robin Brown

Want to earn $160/month in easy passive income? Check out this simple four-stock portfolio to earn a tidy income stream.

Read more »

Retirees sip their morning coffee outside.
Dividend Stocks

Better Buy: Chartwell Stock or Sienna Senior Living?

| Kay Ng

Both Chartwell and Sienna stock could be good total-return stocks for higher-risk investors. They can provide juicy income along the…

Read more »

Canadian Dollars
Dividend Stocks

Need Passive Income? Lock In $17.10 Every Month With $6,500

| Amy Legate-Wolfe

This passive-income stock is the perfect choice if you want stellar returns, long-term growth, and passive income during the next…

Read more »

money cash dividends
Dividend Stocks

How I’d Invest $25,000 Today to Reach $1 Million

| Amy Legate-Wolfe

If I'm aiming for $1 million in the next few years, then these are the first and foremost dividend stocks…

Read more »

Target. Stand out from the crowd
Dividend Stocks

These Tax-Loss Selling Targets Look Like Screaming Deals Today

| Kay Ng

Tax-loss selling is good for tax planning. However, investors should consider tax-loss selling throughout the year, not only in December.

Read more »

Dividend Stocks

2 Market-Beating Dividend Stocks Set for Big Gains in 2023

| Robin Brown

Are you looking to outperform in 2023? These dividend stocks vastly beat the TSX in 2022 and could have serious…

Read more »

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

How to Generate $61 in Passive Income Each Month

| Amy Legate-Wolfe

If you're sitting on cash and worried about next year, park that cash in these passive-income stocks for $61 in…

Read more »

financial freedom sign
Dividend Stocks

Invest $300 Each Month in This Dividend Stock to Actually Create a $1 Million Portfolio

| Amy Legate-Wolfe

This dividend stock is the perfect option if you're looking for solid returns and passive income to actually create a…

Read more »

A meter measures energy use.
Dividend Stocks

3 Utility Stocks That Are Too Cheap to Ignore

| Demetris Afxentiou

Some utility stocks are priced too low to overlook. Here are three stellar options that every investor should consider buying…

Read more »

stock research, analyze data
Dividend Stocks

Rogers Stock Rose 10% in November: Is it a Buy Today?

| Vineet Kulkarni

Which is a better in the Canadian telecom sector: BCE or Rogers stock?

Read more »

Dividend Stocks

2 TSX Dividend Stocks Offering Big Income in a Bearish Market

| Puja Tayal

A bear market is the time to buy dividend stocks and lock in long-term income. Here are two stocks that…

Read more »

FREIGHT TRAIN
Dividend Stocks

These 2 Dividend Payers Are Outpacing the TSX

| Andrew Walker

Some leading TSX dividend stocks are outperforming the market. CN and ENB stock are two to watch.

Read more »

TFSA and coins
Dividend Stocks

Retirees: How to Earn Tax-Free Income in 2023 to Supplement Your OAS and CPP Payouts

| Tony Dong

These two high-yielding ETFs can help retirees meet their retirement income needs.

Read more »

HIGH VOLTAGE ELECRICITY TOWERS
Dividend Stocks

3 Canadian Utility Stocks for Passive Income

| Robin Brown

Canadian utility stocks have fallen and you can pick up serious bargains for passive income and growth. Here are three…

Read more »

TFSA and coins
Dividend Stocks

Passive Income: 2 Top TSX Dividend Stocks to Buy for a TFSA

| Andrew Walker

These top TSX stocks pay growing dividends with attractive yields.

Read more »

grow dividends
Dividend Stocks

Manulife Stock Rose 7% in November: Is it a Buy Today?

| Chris MacDonald

Should investors consider Manulife (TSX:MFC) stock amid surging inflation, rising interest rates, and geopolitical concerns?

Read more »

Path to retirement
Dividend Stocks

Nearing Retirement? The 3 Best Dividend Stocks to Buy Now

| Rajiv Nanjapla

Given their solid underlying businesses, stable cash flows, and impressive track records, I believe these three dividend stocks are excellent…

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 »

Retirees sip their morning coffee outside.
Dividend Stocks

Why I’d Buy These 2 Healthcare Stocks Today (Besides the Cheap $10 Price)

| Christopher Liew, CFA

Two small-cap stocks trading under $10 worth buying right now as promising healthcare plays in 2023.

Read more »