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

Various Canadian dollars in gray pants pocket
Dividend Stocks

Here’s an Absolutely Brilliant Way to Earn Passive Income

| Robin Brown

Looking for a way to boost your passive income? This simple portfolio earns as much as $448 a month in…

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

Passive Income: 1 Unstoppable Canadian Dividend Stock to Own Forever

| Adam Othman

This is arguably the best Canadian dividend stock to buy and hold forever in any self-directed investment portfolio.

Read more »

Watch for the Warning Signs Stock Market Prices Trends 3d Illustration
Dividend Stocks

Rising Recession Fears: Smart TSX Stocks to Buy Right Now

| Daniel Da Costa

While many stocks are at risk of being impacted by a recession, here are two brilliant TSX stocks to buy…

Read more »

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

2 Blue-Chip Dividend Stocks to Stabilize Your Portfolio

| Jitendra Parashar

Here are two of the best blue-chip dividend stocks in Canada you can safely buy right now to minimize risks…

Read more »

Target. Stand out from the crowd
Dividend Stocks

2 Once-in-a-Generation Buying Opportunities in the Bear Market of 2022

| Jitendra Parashar

Here are two very attractive Canadian dividend stocks you don’t want to miss buying in this year’s bear market.

Read more »

A red umbrella stands higher than a crowd of black umbrellas.
Dividend Stocks

2 Defensive Dividend Stocks to Buy and Hold

| Joey Frenette

Loblaw (TSX:L) and North West Company (TSX:NWC) are defensive dividend stocks that could rise once a recession hits.

Read more »

Businessperson's Hand Putting Coin In Piggybank
Dividend Stocks

Want $100 in Monthly Passive Income? Buy 480 Shares of This TSX Stock

| Christopher Liew, CFA

A market pullback is possible in Q4 2022, but investors can buy this low-volatility dividend stock to earn $100 or…

Read more »

Increasing yield
Dividend Stocks

This High-Yield Canadian Stock Is a No-Brainer

| Adam Othman

This high-yielding Canadian energy stock can be an excellent addition to your portfolio for sizable monthly dividend income.

Read more »

sale discount best price
Dividend Stocks

Don’t Wait for a Market Crash: These 2 Top Stocks Are on Sale

| Christopher Liew, CFA

Investors should already consider buy two top stocks on sale instead of waiting for another market pullback or crash.

Read more »

Pipeline
Dividend Stocks

Where Will Enbridge be in 5 Years?

| Andrew Button

Enbridge stock is doing so-so this year. Where will it be five years from now?

Read more »

Bank sign on traditional europe building facade
Bank Stocks

2 Cheap Banking Stocks to Buy Now and Never Sell

| Demetris Afxentiou

Looking for some cheap bank stocks to diversify your portfolio? Here are two superb options that can provide growth and…

Read more »

data analyze research
Dividend Stocks

These U.S. Stocks Are a No Brainer Addition to Your Portfolio

| Aditya Raghunath

U.S.-based stocks such as Chevron and Microsoft are top bets for long-term investors given their attractive valuation and upside potential.

Read more »

stock market
Dividend Stocks

Why a Bear Market Shouldn’t Scare Real Estate Investors in the Slightest

| Puja Tayal

Real estate earns rental income and enjoys value appreciation. A bear market shouldn’t scare real estate investors ... it should…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

The Easiest Way to Create a Million-Dollar TFSA 

| Puja Tayal

A million-dollar TFSA portfolio is possible with the right mix of promising growth stocks and dividend stocks that can compound…

Read more »

oil tank at night
Dividend Stocks

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

| Jitendra Parashar

Here are three of the best Canadian dividend stocks from the energy sector that you can buy for your retirement…

Read more »

data analyze research
Dividend Stocks

2 Top TSX Dividend Stocks to Buy Now and Own for Decades

| Andrew Walker

Top TSX dividend stocks now trade at discounted prices.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

Want $1,000 in Passive Income? Buy This Many Shares of a Certain TSX Stock

| Jed Lloren

Are you looking for stocks that could generate passive income? This is one of the best ones around!

Read more »

grow dividends
Dividend Stocks

Beat the TSX With This 1 Unstoppable Monthly Dividend Stock

| Jitendra Parashar

Here’s why this top TSX dividend stock could help you beat the broader market in the long run and reward…

Read more »

Dividend Stocks

Invest $50K in These 2 Stocks and Get $307 in Passive Income

| Sneha Nahata

If you like passive income, capitalize on the high yields of these two TSX stocks to make $307/month tax free.

Read more »

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

Boost Your Passive Income With These 3 High-Yielding Dividend Stocks

| Rajiv Nanjapla

Given their reliable cash flows and high dividend yields, these three companies would be excellent buys for income-seeking investors.

Read more »

Payday ringed on a calendar
Dividend Stocks

TFSA Passive Income: How to Earn $380 Per Month Tax Free for Life

| Aditya Raghunath

Earn passive income through your TFSA tax free. Here are three dividend stocks with high yields that could earn $380…

Read more »

A worker gives a business presentation.
Dividend Stocks

The Top TSX Dividend Stocks to Buy in October 2022

| Robin Brown

TSX dividend stocks have recently dipped. Now is the time to load up on high-yielding passive income with these top…

Read more »

analyze data
Dividend Stocks

1 Oversold Dividend Stock I’d Buy in Bulk This October

| Aditya Raghunath

Savaria is an oversold TSX stock trading at a cheap multiple and a massive discount to consensus price target estimates…

Read more »

funds, money, nest egg
Dividend Stocks

Want $1,000 in Monthly Passive Income? Buy 12,821 Shares of This TSX Stock

| Jitendra Parashar

Here’s how investing in this fundamentally strong TSX dividend stock could help you earn reliable monthly passive income.

Read more »

Early retirement handwritten in a note
Dividend Stocks

Retire at 50? How to Reach a $1 Million TFSA Faster With TSX Dividend Stocks

| Christopher Liew, CFA

Canadians can retire early and reach $1 million in their TFSAs faster with the help of big bank stocks.

Read more »

Profit dial turned up to maximum
Dividend Stocks

Why Fortis and CN Rail Stocks Are Top Buys for Total Returns

| Andrew Walker

These top Canadian dividend-growth stocks have made some long-term investors rich.

Read more »

retirees and finances
Dividend Stocks

How I’d Invest $50,000 in TSX Dividend Stocks for Retirement if I Had to Start From Scratch

| Jitendra Parashar

Here’s how you can build a great portfolio for your dream retirement by investing in TSX dividend stocks.

Read more »

Retirement plan
Dividend Stocks

TFSA Passive Income: 1 TSX Dividend Stock to Buy and Hold for Decades

| Christopher Liew, CFA

A TSX dividend stock with strong growth and excellent dividends in 2022 is a must-buy to create TFSA passive income…

Read more »

green energy
Dividend Stocks

Why Algonquin Power & Utilities Stock Fell 15% in September

| Rajiv Nanjapla

Given its healthy growth prospects, cheaper valuation, and high dividend yield, I'm bullish on AQN despite rising interest rates.

Read more »

money cash dividends
Dividend Stocks

The Smartest TSX Dividend Stocks to Buy With $400 Right Now

| Demetris Afxentiou

Do you have $400 handy to purchase some income stocks? Here are some of the smartest TSX dividend stocks to…

Read more »

Happy Retirement” on a road
Dividend Stocks

How to Turn $15,000 Into $247,000 for Retirement

| Andrew Walker

Here's how investors can use top dividend stocks to build retirement wealth.

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

Top Canadian Stocks to Buy With $5,000 in October 2022

| Kay Ng

Embrace the volatility and stay the course in long-term wealth creation! Here are a few top TSX stocks you can…

Read more »

money cash dividends
Dividend Stocks

Want Passive Income: Hold This Canadian Dividend Growth Stock Forever

| Aditya Raghunath

Passive income seeking investors can now buy shares of dividend-paying blue-chip companies at a discount, such as Brookfield Infrastructure.

Read more »

Senior Couple Walking With Pet Bulldog In Countryside
Dividend Stocks

Retirees: 2 On-Sale TSX Dividend Stocks to Buy Now for Passive Income

| Andrew Walker

These top TSX dividend stocks now offer 6% yields.

Read more »

Payday ringed on a calendar
Dividend Stocks

New Investors: The 3 Best TSX Dividend Stocks for Monthly Cash

| Robin Brown

New investors looking for monthly dividend cash are in luck! Here are three attractive Canadian dividend stocks for growth and…

Read more »

A worker gives a business presentation.
Dividend Stocks

3 Dividend Stocks You Can Safely Hold for Decades

| Jitendra Parashar

Here are three of the safest Canadian dividend stocks you can buy right now to hold for decades.

Read more »

Red siren flashing
Dividend Stocks

Buy Alert: This Energy Stock Is Unstoppable After Strong Results

| Vishesh Raisinghani

Tourmaline Oil (TSX:TOU) beat earnings and looks unstoppable.

Read more »

Female hand holding piggy bank. Save money and financial investment
Dividend Stocks

2 Safe Dividend Stocks to Beat Inflation

| Christopher Liew, CFA

Canadian investors, young and old alike, can cope with or even beat inflation by owning two safe dividend stocks.

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

2 Canadian Dividend Stocks (With +6% Yields) You’ll Regret Not Buying at These Prices

| Aditya Raghunath

TSX dividend stocks such as TC Energy and TransAlta Renewable are well poised to deliver consistent returns to long-term investors.

Read more »

Businessman holding tablet and showing a growing virtual hologram of statistics, graph and chart with arrow up on dark background. Stock market. Business growth, planning and strategy concept
Dividend Stocks

2 TSX Stocks With Market-Beating Potential

| Robin Brown

Even in the current economic environment, long-term investors have a great chance of beating the market. Stocks like CN Rail…

Read more »