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

sale discount best price
Dividend Stocks

Fire Sale on 3 Generous Dividend-Payers

| Christopher Liew, CFA

Many TSX stocks, including three generous dividend-payers, are currently trading at bargain prices.

Read more »

Happy couple being attended by office worker at office
Dividend Stocks

Retirees: 2 TSX Stocks That Can Put More Cash in Your Pocket

| Puja Tayal

Retiring in an inflationary economy can eat up your retirement savings. These two dividend stocks can put more money in…

Read more »

spooky halloween
Dividend Stocks

TFSA Investor Treats: How to Earn $143 in Income Every Month

| Amy Legate-Wolfe

If you're looking for passive income in your TFSA, along with growing returns, this one dividend stock offers decades of…

Read more »

stock analysis
Dividend Stocks

These 3 Blue Chips Have Taken it on the Chin: Is it Time to Buy?

| Adam Othman

With the market downturn, these three TSX blue-chip stocks look too attractively priced to ignore.

Read more »

grow dividends
Dividend Stocks

5 Dividend Stocks With +5% Yields Investors Should Buy Today

| Amy Legate-Wolfe

These five dividend stocks all have yields above 5%, offering stellar income while you wait for a share recovery!

Read more »

Growth from coins
Dividend Stocks

3 TSX Dividend Stocks That Could Double Your Money in 3 Years

| Amy Legate-Wolfe

Dividend stocks are known for passive income, and growth stocks are known for returns, but these three offer you both!

Read more »

Happy retirement
Dividend Stocks

How to Turn $20,000 Into $265,000 by the Time You Retire

| Andrew Walker

Here's how retirement investors can harness the power of compounding to build wealth.

Read more »

Increasing yield
Dividend Stocks

2 Passive-Income Stocks With Sky-High Yields

| Andrew Button

First National Financial (TSX:FN) has a 6.6% yield!

Read more »

HIGH VOLTAGE ELECRICITY TOWERS
Dividend Stocks

Why I’d Buy Algonquin Power & Utilities Stock Before the Year Is Out

| Adam Othman

Algonquin Power & Utilities (TSX:AQN) stock can be an excellent buy for investors during its current lows for investors seeking…

Read more »

STACKED COINS DEPICTING MONEY GROWTH
Dividend Stocks

How to Easily Turn a $6,000 TFSA Into $25,000 by 2030

| Aditya Raghunath

Reasonably valued growth stocks such as Restaurant Brands International (TSX:QSR) should be part of your TFSA portfolio in 2022.

Read more »

edit Sale sign, value, discount
Dividend Stocks

TFI Stock Looks Like a Deal Right Now

| Adam Othman

This under-the-radar TSX stock looks like a great value pick for investors seeking excellent deals for their self-directed portfolios.

Read more »

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

Buy the Dip: 3 TSX Stocks to Buy Today and Hold for 3 Years

| Andrew Walker

Top TSX dividend stocks are now on sale.

Read more »

Dividend Stocks

These 3 Canadian REITs Under $10 Are Cash Cows for Passive Income

| Christopher Liew, CFA

Three high-yield Canadian REITs trading below $10 but are excellent cash cows for dividend investors.

Read more »

financial freedom sign
Dividend Stocks

2 Stocks I’d Buy Now for Financial Freedom 

| Puja Tayal

You can achieve financial freedom if you invest regularly and create a portfolio of growth and dividend stocks. Here are…

Read more »

Target. Stand out from the crowd
Dividend Stocks

1 Oversold TSX Stock (With a 6% Yield) I’d Buy in Bulk This November

| Aditya Raghunath

Bank of Nova Scotia stock is trading at a cheap valuation and remains a top bet for value- and income-seeking…

Read more »

stock research, analyze data
Dividend Stocks

Got $5,000? 3 Stocks You Can Confidently Own for the Next 20 Years

| Nicholas Dobroruka

Investors willing to endure short-term pain for long-term gains should have these three Canadian stocks on their radar.

Read more »

Family relationship with bond and care
Dividend Stocks

Retire at 50 With $1 Million and $1,000/Month in Tax-Free Income

| Puja Tayal

If you want to retire at 50 with $1 million, you have to invest in stocks that are changing the…

Read more »

woman data analyze
Dividend Stocks

2 Top Dividend Stocks to Buy and Hold Forever

| Adam Othman

Here are two of the safest Canadian dividend stocks that you can rely on in virtually any economic environment.

Read more »

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

Get Passive Income of $480/Month With This TSX Stock

| Jitendra Parashar

This top Canadian dividend stock could help you earn reliable monthly passive income for decades.

Read more »

Doctor talking to a patient in the corridor of a hospital.
Dividend Stocks

2 Top Healthcare Stocks for Regular Cash Flow

| Christopher Liew, CFA

Health care is underperforming in 2022, but two sector-related stocks should attract income investors for their niche markets with solid…

Read more »

Business success with growing, rising charts and businessman in background
Dividend Stocks

3 Growth Stocks I’d Buy With $3,000 in November 2022

| Vineet Kulkarni

Energy and some part of tech will continue to shine.

Read more »

Payday ringed on a calendar
Dividend Stocks

The Smartest Canadian Dividend Stocks for Monthly Passive Income

| Robin Brown

If you want to get some juicy monthly dividends, now is the time to buy top Canadian income stocks.

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA: Invest $100,000 and Get $1 Million + $642/Month in Passive Income

| Jitendra Parashar

Here’s how you can multiply your TFSA cash by investing in quality dividend stocks and earn monthly passive income.

Read more »

grow dividends
Dividend Stocks

3 High-Yield Canadian Stocks to Buy Right Now

| Vineet Kulkarni

It's time to focus on dividend stocks!

Read more »

financial freedom sign
Dividend Stocks

2 TSX Stocks That Could Make You Rich for Retirement

| Andrew Walker

Top TSX dividend stocks are now on sale.

Read more »

Arrowings ascending on a chalkboard
Dividend Stocks

This 6.5% Dividend Stock Could Still Have 100% Upside

| Robin Brown

Dream Industrial REIT (TSX:DIR.UN) is one of the worst-performing dividend stocks in 2022. Here's why it could quickly double your…

Read more »

financial freedom sign
Dividend Stocks

Could Investing in goeasy Stock Help Make You a Millionaire?

| Kay Ng

goeasy (TSX:GSY) stock is a great buy for income and total-return investors during market downturns. It could help you become…

Read more »

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

2 Top Dividend Stocks You Can Buy and Hold Forever

| Andrew Walker

Leading TSX dividend stocks now appear oversold.

Read more »

Increasing yield
Dividend Stocks

Enbridge Stock vs. TC Energy: Better Buy for Dividends?

| Joey Frenette

Both Enbridge (TSX:ENB)(NYSE:ENB) and TC Energy (TSX:TRP)(NYSE:TRP) stocks offer appetizing dividend yields.

Read more »

Tired or stressed businessman sitting on the walkway in panic digital stock market financial background
Dividend Stocks

2 of the Best Canadian Stocks to Buy Before They Start to Recover

| Daniel Da Costa

These two Canadian stocks are some of the best core portfolio stocks you can buy on the dip today and…

Read more »

A worker gives a business presentation.
Dividend Stocks

3 TSX Dividend Stocks to Buy for a Stable Passive Income

| Vineet Kulkarni

Given the market volatility, dividend stocks will be in the limelight.

Read more »

a man celebrates his good fortune with a disco ball and confetti
Dividend Stocks

Retirees: 3 Top TSX Dividend Stocks to Buy for Passive Income

| Andrew Walker

These stocks pay attractive dividends that should continue to grow in the coming years.

Read more »

analyze data
Dividend Stocks

Better Dividend Buy: Algonquin Power Stock or Enbridge?

| Robin Brown

Algonquin Power (TSX:AQN) and Enbridge (TSX:ENB) trade with +6% dividends. Which of these top dividend stocks is a better buy…

Read more »

Utility, wind power
Dividend Stocks

TFSA Dividend Stocks: Buy 3,191 Shares in This TSX Stock for $3,000 in Passive Income

| Amy Legate-Wolfe

Renewable energy is the future, and this stock is a solid purchase for long-term returns and passive income today among…

Read more »

Make a choice, path to success, sign
Dividend Stocks

3 Top Undervalued TSX Stocks to Buy Right Now

| Vineet Kulkarni

Richly valued stocks have significantly lost their value this year. Here are three undervalued names.

Read more »

Dividend Stocks

Better Buy: Pizza Pizza vs. Boston Pizza?

| Daniel Da Costa

High-quality dividend stocks are great long-term investments, and restaurant royalty stocks are some of the best for passive-income seekers.

Read more »

money cash dividends
Dividend Stocks

To Earn an Easy $1,000 a Month, Buy 1,950 Shares of This TSX Stock

| Puja Tayal

You can earn $1,000/month in passive income if you invest $1,000 every month in this TSX stock for 10 years.…

Read more »

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

Better Buy: Fortis Stock or TD Stock?

| Andrew Walker

Top TSX dividend stocks are now on sale.

Read more »

Businessperson's Hand Putting Coin In Piggybank
Dividend Stocks

3 Buy and Hold Dividend Stocks With Enormous Long-Term Potential

| Amy Legate-Wolfe

Need cash now, but also looking for future growth? These three dividend stocks are solid picks for those seeking more…

Read more »

Glass piggy bank
Dividend Stocks

TFSA: Invest $25,000 and Get $165,000 + $90/Month in Passive Income

| Robin Brown

Turn a $25,000 TFSA into $165,000 and earn monthly passive income by owning top dividend stocks like Brookfield Infrastructure.

Read more »