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

money cash dividends
Dividend Stocks

TFSA Passive Income: Earn $100/Month in Dividend Payments

| Christopher Liew, CFA

TFSA users can earn $100 in passive income every month from two monthly income stocks by catching up on their…

Read more »

office buildings
Dividend Stocks

Easy Passive Income: 2 Canadian REITs (With Monthly Dividends) to Buy Today

| Jitendra Parashar

These two REITs in Canada could help you easily make reliable monthly passive income.

Read more »

analyze data
Dividend Stocks

Want Easy Passive Income? Go With These 3 Canadian Dividend Aristocrats

| Jed Lloren

Are you looking for stocks that can help you earn a passive income? Choose these three Canadian Dividend Aristocrats!

Read more »

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

2 Dividend Stocks for Easy Passive Income of $12.43/Day

| Adam Othman

Consider investing in passive income stocks like these two Canadian Dividend Aristocrats to create an income-generating portfolio.

Read more »

edit Balloon shaped as a heart
Dividend Stocks

Dividend Lovers: 3 U.S. Stocks to Turbo Charge Your Portfolio

| Amy Legate-Wolfe

If you want safety, even while investing during a recession, these U.S. stocks can provide that to investors on either…

Read more »

A plant grows from coins.
Dividend Stocks

2 Dividend Stocks to Buy for Passive Income in September

| Chris MacDonald

Here's why Fortis (TSX:FTS)(NYSE:FTS) and SmartCentres REIT (TSX:SRU.UN) are two top dividend stocks to buy for the long term.

Read more »

grow money, wealth build
Dividend Stocks

2 Cheap Canadian Stocks With Insanely Fast-Growing Dividends

| Robin Brown

These two Canadian stocks are ridiculously cheap, and they are growing their annual dividends by double digits.

Read more »

telehealth stocks
Dividend Stocks

Canadian Retirees: Supplement Your CPP With This Blue-Chip Dividend Stock

| Aditya Raghunath

Quality dividend stocks such as TD Bank allow Canadian retirees to create a recurring stream of dividend income and supplement…

Read more »

edit Woman calculating figures next to a laptop
Dividend Stocks

3 Stocks I Own and Will Buy More of if They Fall

| Adam Othman

Most investors have their favourite stocks they frequently buy, especially when the stocks are available at a discount.

Read more »

Dividend Stocks

Got $1,000? Buy These 3 Cheap Dividend Stocks

| Rajiv Nanjapla

These three dividend stocks could strengthen your portfolio and deliver stable passive income.

Read more »

grow dividends
Dividend Stocks

1 Dividend Stock Yielding 4.9% Passive Income and Growth

| Christopher Liew, CFA

A dividend stock is the best investment option for Canadians looking for generous passive income and capital growth to beat…

Read more »

Man data analyze
Dividend Stocks

2 TSX Stocks That Are Actually Beating the Market

| Kay Ng

How are you trying to beat the market? You can focus on the expected total returns or the income generation.

Read more »

Close up shot of senior couple holding hand. Loving couple sitting together and holding hands. Focus on hands.
Dividend Stocks

TFSA Passive Income: 2 Top TSX Dividend Stocks for New Retirees to Buy Now

| Andrew Walker

These TSX dividend stocks with great track records of distribution growth look good for retirees to buy today for a…

Read more »

Electricity pylons against a sunset
Dividend Stocks

TFSA Investors: Steady Utility Stocks to Buy Now and Cash In for Life

| Andrew Button

Utilities stocks like Fortis Inc (TSX:FTS)(NYSE:FTS) offer high yields.

Read more »

Human Hand Placing A Coin On Increasing Coin Stacks In Front Of House
Dividend Stocks

Down 11% – This Dividend Stock Could Make You a Millionaire

| Amy Legate-Wolfe

Canadian investors can latch on to this superior dividend stock that could make you a millionaire by simply reinvesting dividends.

Read more »

Group of industrial workers in a refinery - oil processing equipment and machinery
Dividend Stocks

Suncor Stock (TSX:SU): A Value Stock Worth Buying or a Value Trap?

| Karen Thomas, MSc, CFA

Suncor Energy stock is poised for a rebound as the company makes important changes to address weak operational performance.

Read more »

money cash dividends
Dividend Stocks

Got $250? Here Are 3 Smart Stocks to Buy Now

| Adam Othman

If you have $250 to spare, consider investing in these three TSX stocks and stay invested long-term to capitalize on…

Read more »

Glass piggy bank
Dividend Stocks

Monthly Passive Income: Earn $560/Month With These 2 Stocks

| Adam Othman

Consider adding these two dividend stocks to your TFSA to generate substantial monthly, tax-free passive income.

Read more »

Glass piggy bank
Dividend Stocks

How to Turn a $30,000 TFSA or RRSP Into $750,000

| Andrew Walker

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

Read more »

Supermarket aisle groceries retail
Dividend Stocks

2 of the Safest U.S. Stocks to Buy Right Now

| Aditya Raghunath

Buying shares of recession-resistant companies such as Pepsi and Procer & Gamble may be a good strategy for risk-averse investors.

Read more »

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

Want Monthly Passive Income? These TSX Dividend Stocks Are for You

| Ambrose O'Callaghan

Investors who are hungry for monthly passive income should target TSX dividend stocks like Keyera Corporation (TSX:KEY) and others today.

Read more »

edit Person using calculator next to charts and graphs
Dividend Stocks

2 Top TSX Dividend Stocks for New RRSP Investors

| Andrew Walker

RRSP investors can now buy top TSX dividend stocks at discounted prices.

Read more »

Payday ringed on a calendar
Dividend Stocks

4 Monthly Dividend Stocks That Are Incredible Bargains Now

| Robin Brown

Want to earn monthly dividends and some serious upside? Here are four TSX stocks that are insane bargains right now!

Read more »

Retirement plan
Dividend Stocks

Why You Should Start Saving for Retirement Now

| Kay Ng

Save and invest as early as you can to allow your investments to compound to an impressive size by the…

Read more »

Family relationship with bond and care
Dividend Stocks

2 Top TSX Dividend Stocks to Buy for TFSA Passive Income in Retirement

| Andrew Walker

These top TSX dividend stocks look attractive to buy now for a TFSA focused on passive income.

Read more »

A golden egg in a nest
Dividend Stocks

RRSP Investors: These 3 Stocks Could Accelerate Your Nest Egg Growth

| Adam Othman

Both buy-and-forget and short-term growth stocks (in your RRSP) can contribute towards building your nest egg, so you don't have…

Read more »

exchange-traded funds
Stocks for Beginners

3 TSX ETFs With Excellent Dividends

| Christopher Liew, CFA

These three TSX ETFs pay excellent monthly dividends and are lower-risk options for risk-averse investors, especially beginners.

Read more »

Retirement
Dividend Stocks

Canadians: 3 Easy Stocks to Invest for Retirement

| Kay Ng

If you don't want to spend too much time managing your stock portfolio in retirement, consider buying these easy stocks…

Read more »

Growth from coins
Dividend Stocks

2 No-Brainer Dividend Stocks to Buy and Hold Forever

| Amy Legate-Wolfe

These two no-brainer buys offer high dividend yields and are backed by decades of strong performance.

Read more »

edit Real Estate Investment Trust REIT on double exsposure business background.
Dividend Stocks

2 REITs That Pay You at Least 0.5% Every Month

| Christopher Liew, CFA

Canadian investors can earn at least 0.5% every month from two high-yield REITs that pay annual dividends of more than…

Read more »

grow money, wealth build
Dividend Stocks

2 U.S. Stocks Canadians Can Buy and Hold Forever

| Aditya Raghunath

Dividend paying companies like NextEra Energy and American Tower are well-poised to deliver market-beating returns to investors.

Read more »

sale discount best price
Dividend Stocks

3 Canadian Dividend Stocks That Are Dirt Cheap in August

| Demetris Afxentiou

Some of the best Canadian dividend stocks are now dirt-cheap options to buy. Here are three superb picks to buy.

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

My 2 Favourite Bank Stocks to Buy in This Roller-Coaster Market

| Adam Othman

These two stocks from Canada’s Big Six banks could be excellent bets to ride out the wave of uncertainty.

Read more »

edit Safety First illustration
Dividend Stocks

2 of the Safest Dividend Stocks on Earth Right Now

| Christopher Liew, CFA

Stocks aren’t immune to market headwinds, but two large-cap TSX stocks are the safest dividend stocks on Earth right now.

Read more »

Dividend Stocks

3 Reasons InterRent REIT is 1 of the Best Stocks to Buy Now

| Daniel Da Costa

If you're looking to buy one of the best value stocks in Canada, here are three reasons why InterRent is…

Read more »

Cogs turning against each other
Dividend Stocks

3 Dependable Dividend Stocks That Pay No Less Than 6%

| Adam Othman

There are different ways to measure the dependability of a stock's dividends, including financial indicators like payout ratios and fundamental…

Read more »

Dividend Stocks

3 Cheap Stocks that Pay You Cash

| Sneha Nahata

Plan to boost your cashflow? Consider investing in these cheap, dividend-paying TSX stocks.

Read more »

edit Real Estate Investment Trust REIT on double exsposure business background.
Dividend Stocks

Be an Instant Landlord: Top 3 REITs That Pay You Dividends Monthly

| Adam Othman

Buying and managing real estate can be expensive and time consuming. A much simpler alternative is to buy REITs instead.

Read more »

money cash dividends
Stocks for Beginners

Millennials: 3 Buy and Hold Forever Stocks That Pay You Dividends

| Christopher Liew, CFA

Millennials who are investing for the long-term should consider these three buy-and-hold forever stocks that pay generous dividends.

Read more »

Dividend Stocks

3 Easy Tips for Passive-Income Dividend Investing

| Kay Ng

Passive-income investors should focus on dividend safety, sufficient income, and quality businesses to limit portfolio management needs.

Read more »