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

Payday ringed on a calendar
Dividend Stocks

Canadian Dividend Investors: 2 ETFs That Pay Monthly Income With High Yields

| Tony Dong

Dividend ETFs often pay out monthly distributions compared to dividend stocks.

Read more »

think thought consider
Dividend Stocks

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

| Kay Ng

Stocks tend to go up in the long run. Therefore, buying a basket of diversified stocks on dips should lead…

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

2 Oversold TSX Dividend Stocks to Buy for Passive Income

| Aditya Raghunath

Blue-chip dividend stocks such as Royal Bank of Canada and Manulife Financial pay investors a tasty forward yield.

Read more »

TFSA and coins
Dividend Stocks

TFSA Passive Income: 3 Solid Stocks to Earn $355 Every Month

| Sneha Nahata

Looking to earn steady passive income? Here are three solid TSX stocks that can help you earn a worry-free passive…

Read more »

Technology
Dividend Stocks

RRSP Investors: 2 Stocks to Buy in August for Dividends and Capital Gains

| Andrew Walker

RRSP investors can still find top TSX dividend stocks trading at cheap prices today for a buy-and-hold portfolio.

Read more »

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

New to Investing? The 2 Top Stocks to Buy Right Now

| Kay Ng

New investors should highly consider investing in quality dividend stocks that are on sale in this market correction.

Read more »

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

3 Dividend Stocks to Buy Hand Over Fist

| Kay Ng

Here are some dividend stocks that could do well over the next few years. See if they resonate with your…

Read more »

money cash dividends
Dividend Stocks

Passive Income: Earn $11.5/Day With These 2 Dividend Stocks

| Adam Othman

With the right dividend stocks, it’s possible to earn a healthy passive income to help you fight the impact of…

Read more »

Dividend Stocks

Earn Big Monthly TFSA Passive Income From These Canadian REITs Forever

| Kay Ng

Don't pass up this awesome opportunity to earn massive passive income! Between these solid Canadian REITs, you can get a…

Read more »

A stock price graph showing growth over time
Dividend Stocks

1 Under-the-Radar Growth Stock to Buy in August

| Vineet Kulkarni

This TSX stock has returned a jaw-dropping 2,450% in the last 10 years.

Read more »

growing plant shoots on stacked coins
Dividend Stocks

RRSP Investors: 2 Great Oversold Canadian Dividend Stocks to Buy for the DRIP

| Andrew Walker

Here's how RRSP investors can use a company's DRIP to build retirement wealth.

Read more »

edit Back view of hugging couple standing with real estate agent in front of house for sale
Dividend Stocks

Real Estate Stocks Recovering: 2 REITs to Keep an Eye on!

| Adam Othman

Even in their discounted state, not all REITs are worth buying for a recovery, especially if you plan on holding…

Read more »

money cash dividends
Dividend Stocks

2 Cheap TSX Stocks I’d Buy for Monthly Dividends Ahead of a Recession

| Puja Tayal

Are concerns of inflation and recession stressing you out? Here are two stocks that can pay you monthly dividends during…

Read more »

Dividend Stocks

Not All Dividend Stocks Are Good for Passive Income, But They Could Still Be Good Investments

| Kay Ng

Some dividend stocks aren't for passive income. They require investors to invest more actively and sell while opportunity knocks.

Read more »

office buildings
Dividend Stocks

2 Smart Real Estate Stocks to Buy in August

| Christopher Liew, CFA

Two high-yield REITs are the smart buys in August 2022 for investors seeking exposure to the real estate market to…

Read more »

TFSA and coins
Dividend Stocks

TFSA Wealth: How to Turn $20,000 into $580,000 for Retirement

| Andrew Walker

Here's how top TSX dividend stocks and the power of compounding can make TFSA investors quite rich.

Read more »

Dividend Stocks

3 Top Monthly-Paying Dividend Stocks for Income-Seeking Investors

| Rajiv Nanjapla

Given their high yields, stable cash flows, and healthy growth prospects, these three dividend stocks could boost your passive income.

Read more »

Oil pipes in an oil field
Dividend Stocks

Suncor (TSX:SU) Stock: Buy For the Dividend?

| Adam Othman

Energy bulls might want to consider investing in Suncor stock after another stellar quarter.

Read more »

analyze data
Dividend Stocks

2 Cheap Canadian Dividend Stocks to Buy Now for Passive Income and Total Returns

| Andrew Walker

Top TSX dividend stocks now trade at cheap prices for investors seeking passive income and attractive total returns.

Read more »

stock analysis
Dividend Stocks

RRSP Investors: 2 Oversold TSX Dividend Stocks to Buy Now and Own for 30 Years

| Andrew Walker

RRSP investors can now buy top TSX dividend stocks at undervalued prices and secure above-average yields.

Read more »

A plant grows from coins.
Dividend Stocks

4 Stocks That Could Turn $100,000 Into $500,000 by the Time You Retire

| Christopher Liew, CFA

Building retirement wealth is a long process, but it’s possible for $100,000 to grow to half-a-million dollars over time.

Read more »

Caution, careful
Dividend Stocks

2 Real Estate Stocks That Might Be in for a Rough Ride

| Adam Othman

The housing market in the country is going through a rough correction phase, and its consequences will be experienced by…

Read more »

Dividend Stocks

Need $5,000? Get it Today From This Canadian Stock

| Amy Legate-Wolfe

This Canadian stock offers stability through its investments, and consistent growth even in a market downturn. And yet, it's an…

Read more »

Community homes
Dividend Stocks

2 Housing Markets in Canada Where Prices Are Being Slashed

| Christopher Liew, CFA

The aggressive rate-hike campaign by the Bank of Canada is starting to impact on housing markets, as evidenced by declining…

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

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

| Andrew Walker

Top TSX dividend stock are now on sale for TFSA investors seeking high-yield passive income.

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

3 Top TSX Stocks That Saw Bumper Q2 Earnings Growth

| Vineet Kulkarni

Some stocks are seeing epic growth even as the market braces for a recession.

Read more »

consider the options
Dividend Stocks

Market Slump Got You Down? Buy These 2 TSX Stocks Now

| Adam Othman

Here are two TSX stocks you can consider adding to your portfolio if you want to mitigate some of your…

Read more »

Dividend Stocks

2 Stable ETFs Fit for Newbie Investors

| Christopher Liew, CFA

Two stable and top-performing TSX ETFs ideal for beginners with low-risk appetites.

Read more »

grow dividends
Dividend Stocks

Want Passive Income? These 3 TSX Dividend Stocks Are for You

| Jed Lloren

Are you interested in building passive income? Here are three TSX dividend stocks to buy today!

Read more »

Happy diverse people together in the park
Dividend Stocks

TFSA Investors: 2 Dividend Stocks to Buy Today and Hold Forever

| Nicholas Dobroruka

TFSA investors looking to earn some extra income should be picking up shares of these two dividend stocks.

Read more »

Young woman sat at laptop by a window
Dividend Stocks

No Money? No Problem: 3 Tricks to Create $500 Every Month

| Amy Legate-Wolfe

It can be incredibly hard to create some passive income, which is why it's time to start asking yourself the…

Read more »

Dividend Stocks

Finning International (TSX:FTT): A Likely Multi-Bagger in 2022

| Christopher Liew, CFA

A Dividend Aristocrat in the industrial sector is a potential multi-bagger in 2022, because of robust demand and a significantly…

Read more »

money cash dividends
Dividend Stocks

3 Dividend Aristocrats to Boost Your Passive Income

| Rajiv Nanjapla

Given their proven track record, high yields, and healthy growth prospects, these three Dividend Aristocrats are an excellent buy for…

Read more »

data analyze research
Dividend Stocks

RRSP Wealth: 1 Top TSX Dividend Stock to Buy on the Pullback and Hold for Decades

| Andrew Walker

RRSP investors can now buy top TSX dividend stocks at undervalued prices for a portfolio focused on total returns.

Read more »

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

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

| Jed Lloren

Are you looking for stocks that you can hold through to retirement? Here are two top picks!

Read more »

money cash dividends
Dividend Stocks

3 Passive Income Streams Perfect for Retirees

| Amy Legate-Wolfe

Retirees are really feeling the pinch, so here are three methods of creating passive income to help you today.

Read more »

oil and natural gas
Dividend Stocks

Let it Snow! 2 Energy Stocks to Warm Your Portfolio With Regular Income

| Puja Tayal

Canadian energy companies will benefit from competition amid a tight liquified natural gas supply. Here are two dividend-yielding energy stocks…

Read more »

Cogs turning against each other
Dividend Stocks

3 of the Safest Dividend Stocks on Earth Right Now

| Adam Othman

If you are looking for the safest dividend stocks, dividend history is just one of the factors to consider.

Read more »

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

What Would a Real Estate Crash Do to REITs?

| Christopher Liew, CFA

A real estate market crash in 2022 could affect REITs, but not two names with strong fundamentals and leasing momentum.

Read more »

Canadian Dollars
Dividend Stocks

Canadian Investors: Where to Put $100 Right Now

| Christopher Liew, CFA

A $100 capital is enough to purchase shares of top-performing TSX stocks or a cheap, high-yield dividend stock.

Read more »