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

protect, safe, trust
Dividend Stocks

2 Safe Canadian Dividend Stocks I’d Buy Now and Hold Forever

| Robin Brown

Dividend stocks are ideal for hedging against market corrections. Here are two top stocks I plan to own for life.

Read more »

edit Close-up Of A Piggybank With Eyeglasses And Calculator On Desk
Dividend Stocks

New Investors: 1 Top Oversold Canadian Dividend Stock to Buy Now for a TFSA or RRSP

| Andrew Walker

New investors have a chance to buy top TSX dividend stocks at cheap prices today for a TFSA or RRSP…

Read more »

grow dividends
Dividend Stocks

3 TSX Stocks With High Dividend Yields

| Chris MacDonald

Here's why these three TSX stocks with high dividend yields are worth a look in this rising-rate environment, despite this…

Read more »

A person builds a rock tower on a beach.
Dividend Stocks

Passive Income: 1 Top Oversold TSX Dividend Stock to Buy Now for a TFSA

| Andrew Walker

Top TSX dividend stocks are still on sale for TFSA investors seeking reliable passive income.

Read more »

Woman has an idea
Dividend Stocks

Got $2,000? Here Are 3 Smart TSX Stocks to Buy Now

| Kay Ng

Invest in these TSX stocks early and smartly. You can grow your money substantially for a massive retirement fund!

Read more »

data analyze research
Dividend Stocks

Interested in Building a Source of Passive Income? Buy These 3 TSX Stocks Today

| Jed Lloren

Are you interested in receiving passive income? Buy these three TSX stocks!

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

2 Cheap Canadian Dividend Stocks Yielding at Least 5%

| Sneha Nahata

Earn steady passive income and solid capital gains by investing in these cheap Canadian dividend stocks.

Read more »

A worker gives a business presentation.
Dividend Stocks

3 Recession-Resistant Stocks to Buy Right Now

| Jed Lloren

Are you worried about a recession? Protect your portfolio with these three recession-resistant stocks.

Read more »

Question marks in a pile
Dividend Stocks

Is Rogers Stock a Value Pick Right Now?

| Chris MacDonald

Should investors looking for value seek out Rogers Communications (TSX:RCI.B)(NYSE:RCI) as an investment in this difficult market?

Read more »

money cash dividends
Dividend Stocks

1 Proven Strategy to Get Ahead of Inflation: Earn Monthly Passive Income

| Christopher Liew, CFA

Canadians can better cope with inflation by earning passive income from stocks that pay dividends each month.

Read more »

A worker overlooks an oil refinery plant.
Dividend Stocks

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

| Vineet Kulkarni

Investors should keep their eye on the dividend yield, not the dividend amount, to boost their passive income.

Read more »

grow dividends
Dividend Stocks

3 Dividend Stocks With Yields Higher Than Inflation

| Amy Legate-Wolfe

These dividend stocks have yields so high, you won't even need to worry about inflation any more on the TSX…

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Passive Income: Here’s 3 Cheap TSX Stocks That Earn Over $300/Month

| Robin Brown

There are plenty of opportunities to earn over $300 a month in TFSA passive income. Here's one strategy that could…

Read more »

Electricity pylons against a sunset
Dividend Stocks

1 Top TFSA Mistake Millions of Canadians are Making

| Adam Othman

TFSA users have been making a critical mistake with their accounts by failing to use their contribution room for income-generating…

Read more »

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

3 Top Stocks You Can Still Buy for Under $20 a Share

| Aditya Raghunath

Lower-priced stocks such as Freehold Royalties offer investors the opportunity to benefit from capital gains and steady dividend payouts.

Read more »

Nickel ore is mined from the ground.
Dividend Stocks

3 Battery Metal Stocks to Buy for the EV Revolution

| Adam Othman

EVs are no longer a novelty, but EV penetration in major global markets is still over a decade away. So,…

Read more »

STACKED COINS DEPICTING MONEY GROWTH
Tech Stocks

Rare Gems: 1 Pair of Outperforming Dividend-Paying Tech Stocks

| Christopher Liew, CFA

A pair of underrated but outperforming dividend-paying tech stocks are interesting options for income investors.

Read more »

edit Balloon shaped as a heart
Dividend Stocks

My 3 Favourite TSX Stocks Right Now

| Demetris Afxentiou

Looking for some great stocks to add to your portfolio? Here are my three favourite TSX stocks that can appeal…

Read more »

Hand arranging wood block stacking as step stair with arrow up.
Dividend Stocks

Canadian Dividend Aristocrats: The Top Picks for Beginner Investors

| Adam Othman

Canadian Dividend Aristocrats like these two top TSX stocks should be on every beginner investor’s radar.

Read more »

Volatile market, stock volatility
Dividend Stocks

3 Value Stocks to Buy in This Volatile Environment

| Rajiv Nanjapla

Given their attractive valuation and healthy growth prospects, I am bullish on these three value stocks.

Read more »

energy industry
Dividend Stocks

Up by 15%: Should You Buy Keyera (TSX:KEY) Right Now?

| Adam Othman

Consider investing in this high-quality energy stock if you seek reliable dividend income each month.

Read more »

energy oil gas
Energy Stocks

AltaGas (TSX:ALA): A Top Energy Stock With Tons of Growth Ahead

| Karen Thomas, MSc, CFA

As AltaGas continues to benefit from strong global demand, we can expect to see a bright future ahead for this…

Read more »

stock data
Dividend Stocks

Self-Directed RRSP: 2 Top TSX Dividend Stocks to Own for Total Returns

| Andrew Walker

RRSP investors focused on total returns have a chance to buy top TSX dividend stocks at cheap prices.

Read more »

Target. Stand out from the crowd
Dividend Stocks

3 TSX Stocks You Can Hold for the Next 3 Decades

| Chris MacDonald

These three top TSX stocks are among the best long-term buy-and-hold opportunities for investors looking for growth and income.

Read more »

The sun sets behind a high voltage telecom tower.
Dividend Stocks

Need Passive Income? 3 Safe Canadian Stocks to Buy in August 2022

| Sneha Nahata

These safe and cheap Canadian stocks could continue to pay you cash irrespective of market conditions.

Read more »

edit Business accounting concept, Business man using calculator with computer laptop, budget and loan paper in office.
Dividend Stocks

Buy the Pullback: 2 Top Canadian Dividend Stocks to Own for TFSA Passive Income

| Andrew Walker

TFSA investors can now buy top TSX dividend stocks at cheap prices for portfolios focused on passive income.

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

3 of the Safest Canadian Dividend Stocks to Buy Right Now

| Nicholas Dobroruka

With volatility in the stock market spiking, here are two dependable dividend stocks that should be on all passive-income investor’s…

Read more »

analyze data
Dividend Stocks

3 Great Value Stocks to Buy if the Selloff Continues

| Christopher Liew, CFA

Investors should consider buying three great value stocks in case a market selloff follows the recent relief rally.

Read more »

Payday ringed on a calendar
Dividend Stocks

Income Investors: 2 ETFs That Pay High Monthly Dividends

| Tony Dong

These ETFs offer high yields and consistent monthly income potential.

Read more »

A plant grows from coins.
Dividend Stocks

1 Passive Income Stock Offering Monthly Dividends I’d Buy for Life

| Amy Legate-Wolfe

In the next 20 years, this energy stock could offer significant growth, while remaining a passive income stock that pays…

Read more »

stock analysis
Dividend Stocks

3 TSX Stocks With High Dividend Yields

| Demetris Afxentiou

Great income stocks can be found if you know where to look. Here are several TSX stocks with high dividend…

Read more »

exchange traded funds
Dividend Stocks

2 Passive-Income ETFs That Have High Dividends

| Adam Othman

These two dividend ETFs could be excellent additions to your portfolio for high-yielding income.

Read more »

Money growing in soil , Business success concept.
Dividend Stocks

Dividend Lovers: 2 Top TSX Stocks to Buy in August

| Rajiv Nanjapla

Given their attractive valuation and high dividend yields, these two dividend stocks would be an excellent buy for passive income-seeking…

Read more »

A tractor harvests lentils.
Dividend Stocks

2 Top TSX Commodities Stocks to Buy in August

| Aditya Raghunath

Commodity stocks such as Nutrien and Freehold Royalties are well poised to deliver market beating returns to investors in the…

Read more »

close-up photo of investor Warren Buffett
Dividend Stocks

2 Warren Buffett Dividend Stocks to Buy and Hold Forever in an RRSP

| Tony Dong

These two stocks deliver high yields and are a mainstay of Buffett's portfolio.

Read more »

investment research
Dividend Stocks

3 Inflation-Resistant TSX Stocks to Buy Right Now

| Jed Lloren

With inflation running rampant, which stocks should investors target today?

Read more »

The sun sets behind a high voltage telecom tower.
Dividend Stocks

TSX Utility Stocks Are Hot: These 3 Are Great Investments Today

| Aditya Raghunath

Recession-resistant utility stocks such as Fortis offer investors a solid dividend yield while outpacing the broader markets comfortably.

Read more »

TSX Today
Dividend Stocks

Passive Income: 3 Top TSX Stocks to Buy in August

| Daniel Da Costa

If you're looking to boost your passive income ahead of a potential recession, here are three top TSX stocks to…

Read more »

Increasing yield
Dividend Stocks

3 TSX Stocks to Buy With Dividends Yielding More Than 3%

| Jed Lloren

Investing in dividend stocks could set you up for life. Here are three TSX stocks yielding more than 3%!

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 High-Growth TSX Stocks That Could Soar

| Christopher Liew, CFA

Three high-growth stocks with impressive earnings are likely to soar and deliver superior returns in 2022 and beyond.

Read more »