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

House Key And Keychain On Wooden Table
Dividend Stocks

2 Stocks to Buy if the Housing Correction Continues

| Christopher Liew, CFA

An analyst downgraded several real estate stocks because of the housing market correction, but expect REITs from the office and…

Read more »

Retirement plan
Dividend Stocks

Millennials: Retire in 10 Years With These Tips

| Amy Legate-Wolfe

Millennials, stop living your life based on a job. You can retire in a decade by taking these steps and…

Read more »

work from home
Dividend Stocks

TFSA Investors: 3 Stocks to Buy for $473/Month Tax-Free Passive Income

| Adam Othman

Creating a healthy passive income requires both a hefty amount of capital and high-yield stocks. Sustainability is also an essential…

Read more »

alcohol
Dividend Stocks

Now’s the Time to Load up on Your TFSA With These 3 Enticing Stocks

| Adam Othman

If you still have contribution room left in your TFSA and are looking for good picks, plenty of discounted stocks…

Read more »

A worker wears a hard hat outside a mining operation.
Dividend Stocks

Canadian Investors: Where to Put $100 Right Now?

| Aditya Raghunath

Canadian investors can buy shares of lower-priced TSX stocks such as Kinross Gold and AltaGas right now.

Read more »

Path to retirement
Dividend Stocks

Got $5,000? Buy These 2 Stocks and Hold Until Retirement

| Demetris Afxentiou

There are some stellar stocks to buy now and hold until retirement. Here's a look at two options if you…

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

RRSP Investors: How to Build Retirement Wealth With Top Canadian Dividend Stocks

| Andrew Walker

RRSP investors are using this investing strategy to create substantial savings for retirement.

Read more »

Simple life style relaxation with Asian working business woman healthy lifestyle take it easy resting in comfort hotel or home living room having free time with peace of mind and self health balance
Dividend Stocks

Want Easy Passive Income Every Month? Buy These 2 Canadian Stocks and Hold Forever

| Jitendra Parashar

Earning reliable monthly passive income in Canada is not very difficult if you buy these quality dividend stocks today.

Read more »

Senior couple at the lake having a picnic
Dividend Stocks

TFSA Pension: 3 Top Canadian Dividend Stocks to Start a Self-Directed Retirement Portfolio

| Andrew Walker

These top TSX stocks look cheap today and pay attractive and growing dividends for TFSA investors seeking passive income and…

Read more »

analyze data
Dividend Stocks

2 Top TSX Stocks to Buy Now and Hold Forever

| Chris MacDonald

Here's why Restaurant Brands (TSX:QSR)(NYSE:QSR) and Royal Bank of Canada (TSX:RY)(NYSE:RY) are stocks to buy now and hold forever.

Read more »

Wireless technology
Dividend Stocks

New Investors: 1 Top TSX Stock to Inflation-Proof Your TFSA

| Joey Frenette

BCE (TSX:BCE)(NYSE:BCE) stock has a great dividend and a hidden catalyst that could help propel shares much higher.

Read more »

Growing plant shoots on coins
Dividend Stocks

Beginners: 2 Dividend-Growth Stocks to Buy Now and Hold Forever

| Joey Frenette

CP Rail (TSX:CP)(NYSE:CP) and CIBC (TSX:CM)(NYSE:CM) are intriguing TSX stocks for new investors to hold in their TFSAs for the…

Read more »

financial freedom sign
Dividend Stocks

5 Top Canadian Stocks for a Lifetime of Passive Income

| Sneha Nahata

Want regular passive income regardless of market conditions? Invest in these five Canadian stocks now.

Read more »

Young woman sat at laptop by a window
Dividend Stocks

TFSA Passive Income: 1 Great Canadian Dividend Stock That Still Looks Cheap

| Andrew Walker

This top Canadian energy stock pays a great base dividend and is giving investors generous bonus payouts.

Read more »

Target. Stand out from the crowd
Dividend Stocks

Have $1,000? 2 Stocks to Buy at the Real Estate Bottom

| Adam Othman

Many real estate stocks offer both dividends and decent growth potential. And if you grab them at a discount, you…

Read more »

Increasing yield
Dividend Stocks

3 High-Yield Dividend Stocks to Buy and Hold Forever

| Christopher Liew, CFA

Young and old income investors can sleep easy by holding three high-yield dividend stocks for the long term, if not…

Read more »

Dividend Stocks

1 Under-the-Radar Dividend Stock to Buy for Monthly Passive Income

| Amy Legate-Wolfe

This dividend stock offers investors a whopping 9.02% dividend yield that's remained stable for over a decade.

Read more »

oil and natural gas
Dividend Stocks

Passive Income: 4 TSX Energy Stocks With Incredible Dividends

| Robin Brown

TSX energy stocks are gushing cash. Here are four top stocks to own for a combination passive income and capital…

Read more »

Happy couple being attended by office worker at office
Dividend Stocks

BCE Stock: A Great Pick to Boost Your RRSP Retirement Fund

| Joey Frenette

BCE (TSX:BCE)(NYSE:BCE) stock is a dirt-cheap telecom stock with a huge dividend yield to keep RRSP investors happy.

Read more »

Money growing in soil , Business success concept.
Dividend Stocks

Want Easy Passive Income? These 2 Canadian Dividend Aristocrats Deliver

| Vishesh Raisinghani

Passive income stars like Slate Grocery REIT (TSX:SGR.U) should be on your watch list.

Read more »

stock research, analyze data
Dividend Stocks

RRSP Investors: 1 Cheap TSX Dividend Stock to Buy Now and Own for 35 Years

| Andrew Walker

RRSP investors can still find top TSX dividend stocks to buy at discounted prices.

Read more »

Cogs turning against each other
Dividend Stocks

2 of the Safest Stocks (With Dividends) to Buy in Canada Now

| Jitendra Parashar

Here are two of the safest stocks investors in Canada can buy now.

Read more »

edit Businessman using calculator next to laptop
Dividend Stocks

2 Top Canadian Value Stocks Worth Buying Right Now

| Chris MacDonald

Here's why Alimentation Couche-Tard (TSX:ATD) and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) are two top value stocks to consider right now.

Read more »

Happy shoppers look at a cellphone.
Dividend Stocks

2 Bargain Stocks You Can Buy Today and Hold Forever

| Chris MacDonald

Here's why Fortis (TSX:FTS)(NYSE:FTS) and Manulife (TSX:MFC)(NYSE:MFC) are two bargain stocks I think are worth considering right now.

Read more »

Retirement plan
Dividend Stocks

Passive Income: How Canadian Couples Can Earn $747 Tax-Free per Month for Life

| Andrew Walker

Canadian couples can take advantage of their TFSA contribution space to create a significant stream of tax-free passive income.

Read more »

Golden crown on a red velvet background
Dividend Stocks

3 Canadian Dividend Aristocrats to Buy for Passive Income Forever

| Vishesh Raisinghani

Passive-income stocks like BCE (TSX:BCE)(NYSE:BCE) should be on your radar.

Read more »

potted green plant grows up in arrow shape
Dividend Stocks

4 High-Growth Stocks I’d Buy Before the Summer Ends

| Ambrose O'Callaghan

Top growth stocks like Park Lawn Corporation (TSX:PLC) and others are well worth picking up even as the Canadian market…

Read more »

stock data
Dividend Stocks

2 Top Canadian Dividend Stocks to Buy Now for a Self-Directed RRSP

| Andrew Walker

RRSP investors can still find top TSX dividend stocks trading at cheap prices to buy for a self-directed portfolio focused…

Read more »

edit Person using calculator next to charts and graphs
Dividend Stocks

2 Canadian Stocks to Buy With Dividends Yielding More Than 3%

| Jed Lloren

Are you looking for high-yield dividend stocks for your portfolio? Here are two Canadian stocks that yield more than 3%!

Read more »

Dividend Stocks

Earn $15 Passive Income a Day With This 1 Dividend Stock

| Christopher Liew, CFA

Canadians can earn $15 or more in daily passive income from a high-yield dividend stock that’s outperforming the TSX in…

Read more »

potted green plant grows up in arrow shape
Dividend Stocks

3 TSX Growth Stocks That Pay You to Wait

| Kay Ng

Get paid decent dividend income while you wait for price appreciation from this diversified group of TSX growth stocks.

Read more »

man window buildings
Dividend Stocks

3 Real Estate Stocks for Cautious Investors

| Adam Othman

If you are worried about investing in real estate in Canada right now, there are quite a few resilient stocks…

Read more »

Retirement plan
Dividend Stocks

TFSA Investors: How to Turn $40,000 Into a $740,000 Tax-Free Pension

| Andrew Walker

TFSA investors who buy top dividend stocks and reinvest the payouts can build substantial tax-free wealth.

Read more »

money cash dividends
Dividend Stocks

Create $500 Monthly for Life With These Passive-Income Stocks

| Amy Legate-Wolfe

These three TSX dividend stocks give investors the best shot at long-term income of $500 every single month.

Read more »

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

1 U.S. Stock to Buy That Could Make You a Millionaire

| Adam Othman

Even though tech stocks are usually the go-to growth picks in the US stock markets, there are quite a few…

Read more »

Increasing yield
Dividend Stocks

My 3 Favourite TSX Dividend Stocks Right Now

| Amy Legate-Wolfe

These dividend stocks have been a favourite for a while, but even more so now that they trade at such…

Read more »

funds, money, nest egg
Dividend Stocks

New Investors: The 2 Best Options To Earn Regular Passive Income!

| Andrew Button

You can earn high passive income with dividend stocks like the Toronto-Dominion Bank (TSX:TD)(NYSE:TD).

Read more »

Dividend Stocks

This Canadian 6%-Yielder’s On Sale, But Not for Long!

| Joey Frenette

SmartCentres REIT (TSX:SRU.UN) is a wonderful high-yielding REIT that has a higher yield and lower valuation than most its peers.

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

This 1 Canadian Dividend Stock Could Help You Earn Over $100 Per Week in Passive Income

| Jitendra Parashar

This dividend stock won’t disappoint you if you want to earn reliable passive income in Canada -- equivalent to more…

Read more »

Senior Couple Walking With Pet Bulldog In Countryside
Dividend Stocks

TFSA Passive Income: 2 Monthly Dividend Stocks for Canadian Retirees to Buy Now

| Andrew Walker

Retirees seeking tax-free monthly dividends can now buy high-yield stocks at cheap prices for a TFSA focused on passive income.

Read more »