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

Path to retirement
Dividend Stocks

Building a Retirement Income Stream Can Be Easy!

| Demetris Afxentiou

Building a retirement income stream for your portfolio doesn't have to be hard! Here are three solid, defensive stocks to…

Read more »

A plant grows from coins.
Dividend Stocks

Need Cash? 4 Top TSX Dividend Stocks That Will Not Disappoint You

| Sneha Nahata

These TSX stocks have consistently paid and raised dividends amid market conditions, making them attractive investments to generate consistent cash.

Read more »

edit Safety First illustration
Dividend Stocks

3 of the Safest Dividend Stocks on Earth Right Now

| Daniel Da Costa

In this environment, ensuring that the dividend stocks you own are resilient and some of the safest companies on the…

Read more »

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

TFSA Passive Income: 2 Top TSX Dividend Stocks Trading at Undervalued Prices

| Andrew Walker

These top TSX dividend stocks look oversold and offer high yields for a TFSA focused on passive income.

Read more »

man window buildings
Dividend Stocks

Real Estate Investors: Sell or Hold as the Correction Draws Near?

| Adam Othman

Property prices in Canada are falling at a drastic rate, and fewer buyers are hitting the market. But selling now…

Read more »

grow money, wealth build
Dividend Stocks

4 of the Best Dividend Stocks for TFSA Passive Income

| Robin Brown

Here are four top TSX passive-income stocks to buy and hold for years in your Tax-Free Savings Account.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

2 Safe Dividend Stocks to Buy for a Market Correction

| Christopher Liew, CFA

The TSX recently advanced despite elevated volatility. However, it's not safe to assume this momentum will carry on. Instead, investors…

Read more »

sale discount best price
Dividend Stocks

TFSA Investors: 2 Discounted Growth Stocks to Buy Before 2023

| Adam Othman

When you are into stocks that are trading at a bargain price, try to differentiate between market/industry-driven and business-specific discounts.

Read more »

Glass piggy bank
Dividend Stocks

TFSA Investing: How to Turn $15,000 Into $275,000 in 25 Years

| Andrew Walker

Here's how new self-directed TFSA investors can build a substantial fund for retirement.

Read more »

Dividend Stocks

Dividend Seekers: Create $287 in Monthly Tax-Free Income for Life!

| Amy Legate-Wolfe

Don't look to growth stocks for income, get on the passive-income train and pick up solid tax-free income from this…

Read more »

Money growing in soil , Business success concept.
Dividend Stocks

3 Dirt-Cheap Dividend Stocks Up 10% or More in 2022

| Amy Legate-Wolfe

These dividend stocks prove you can have it all, getting growth over 10% in 2022, and passive income on top…

Read more »

work from home
Dividend Stocks

2 TSX Stocks I’m Never Selling

| Puja Tayal

Something that is valuable is worth holding. Here are two value stocks I will never sell and could even pass…

Read more »

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

2 Canadian REITs That Can Pay You Rent of Over 5% 

| Puja Tayal

If you buy a house to rent, you earn a 2% rental yield before taxes. But two Canadian REITs can…

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

RRSP Investors: How to Double Your Contribution

| Amy Legate-Wolfe

Use your RRSP to your advantage right now by putting aside cash and creating hundreds, if not thousands, in passive…

Read more »

TFSA and coins
Dividend Stocks

2 Dividend Stocks for Tax-Free TFSA Returns!

| Christopher Liew, CFA

Two dependable dividend stocks are suitable investments for TFSA users looking to generate higher tax-free returns in today’s inflationary environment.

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

TFSA Passive Income: 2 Top TSX Dividend Stocks for New Investors

| Andrew Walker

TFSA investors can buy high-yield dividend stocks at cheap prices today for a portfolio targeting reliable passive income.

Read more »

protect, safe, trust
Dividend Stocks

3 Inflation-Resistant Stocks to Buy Right Now

| Aditya Raghunath

Investors looking to for inflation-resistant companies can invest in stocks such as Enbridge and Brookfield Infrastructure right now.

Read more »

Dividend Stocks

1 Canadian Stock to Buy While the Dividend Yields More Than 6%

| Joey Frenette

Enbridge (TSX:ENB)(NYSE:ENB) stock seems far too cheap to ignore following its latest dip into bear market territory on earnings that…

Read more »

Increasing yield
Dividend Stocks

3 TSX Stocks With High Dividend Yields

| Kay Ng

Holding dividend stocks for high dividend yields can help you pay your bills. Boost your income now to combat high…

Read more »

Volatile market, stock volatility
Dividend Stocks

3 Top Canadian Stocks to Add to Your TFSA Amid Rising Volatility

| Rajiv Nanjapla

Given their stable cash flows and healthy growth prospects, these three Canadian stocks would be an excellent addition to your…

Read more »

STACKED COINS DEPICTING MONEY GROWTH
Dividend Stocks

2 TSX Stocks That Could Grow Your Portfolio Over the Next Decade

| Aditya Raghunath

Royal Bank of Canada and goeasy are two quality stocks on the TSX that could help you outpace the broader…

Read more »

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

Buy 3 Canadian REITs for Passive Income of $4,971 Per Year

| Kay Ng

Investors should consider real estate as a core component for income. Consider high-yield REITs in your TFSA.

Read more »

Early retirement handwritten in a note
Dividend Stocks

Early Retirement: 2 Top Undervalued Canadian Dividend Stocks to Buy for Total Returns

| Andrew Walker

These top TSX dividend stocks look cheap to buy today for TFSA and RRSP investors.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

2 Top TSX Stocks to Buy Right Now for High-Yielding Passive Income

| Adam Othman

These two top dividend stocks are attractively priced today, translating to higher dividend yields.

Read more »

railroad
Dividend Stocks

CN Stock is a Wise Buy as Market Waters Get Choppy

| Joey Frenette

CN Rail is a dividend aristocrat that's starting to get too cheap to ignore, as management continues raising the bar.

Read more »

money cash dividends
Dividend Stocks

Bring in $400 Every Month From This Valuable TSX Stock

| Amy Legate-Wolfe

Teck Resources could be the best TSX stock out there in terms of value, stability, and its ability to bring…

Read more »

money cash dividends
Dividend Stocks

2 Top Canadian Stocks to Boost Your Passive Income in This Volatile Environment

| Rajiv Nanjapla

Given their regulated businesses, attractive valuation, and high dividend yields, these two Canadian stocks can boost your passive income.

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Got You Down? Buy This Passive Income Stock Today

| Amy Legate-Wolfe

Having a great passive income stock can be a lifesaver during an economic downturn, and this is the one I…

Read more »

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

5 Incredibly Strong Signals That This Stock Will Rise in 2022

| Christopher Liew, CFA

One tech sector growth stock has emerged from a slump and is showing incredibly strong signals that it will rise…

Read more »

a Couche Tard store
Dividend Stocks

Will Couche-Tard (TSX:ATD) Pursue a Potential Growth Driver?

| Christopher Liew, CFA

One of the world’s leading convenience retailers could have a new growth driver if the company acquires the vast gas…

Read more »

protect, safe, trust
Dividend Stocks

1 Ultra-Safe, Passive-Income Stock I’d Buy Right Now

| Amy Legate-Wolfe

The downturn on the TSX today makes it the perfect time to pick up this passive-income stock and hold on…

Read more »

Businessperson's Hand Putting Coin In Piggybank
Dividend Stocks

3 Dividend Stocks I’m Holding Through July

| Andrew Button

The Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is one dividend stock I'm holding through July. There are others, as well.

Read more »

Payday ringed on a calendar
Dividend Stocks

TFSA Investors: Earn Passive Income of $340/Month With These 3 Canadian Stocks

| Rajiv Nanjapla

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

Read more »

Man data analyze
Dividend Stocks

3 TSX Stocks You Can Hold for the Next 3 Decades

| Chris MacDonald

Here's why these three top TSX stocks are worth keeping on the radar for investors sitting on the fence in…

Read more »

Path to retirement
Dividend Stocks

Retirement Wealth: 1 Cheap TSX Stock to Buy Now for a TFSA Pension

| Andrew Walker

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

Read more »

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

Wherever the Market Goes, 3 Safe TSX Stocks That Pay You Cash

| Sneha Nahata

These TSX stocks pay you steady cash irrespective of where the market moves.

Read more »

A plant grows from coins.
Dividend Stocks

Recession is Coming: Is Your Passive Income From Dividend Stocks Safe?

| Christopher Liew, CFA

Income investors need to rebalance their stock portfolios for dividend safety in preparation for a recession.

Read more »

A golden egg in a nest
Dividend Stocks

Got $6,000? Here’s How You Can Power Your TFSA Portfolio in July

| Amy Legate-Wolfe

If you have $6,000 just sitting around doing nothing, get buying right now! These two stocks are perfect for security…

Read more »

growing plant shoots on stacked coins
Dividend Stocks

3 Canadian Stocks for Any TFSA to Create $250K in 10 Years

| Amy Legate-Wolfe

Renewable energy stocks offer you the best chance at making $250,000 in just a decade for your TFSA, and these…

Read more »

financial freedom sign
Dividend Stocks

1 TSX Stock to Buy in the Market Selloff That Could Make You a Millionaire

| Kay Ng

goeasy (TSX:GSY) stock is a rare opportunity in this market selloff. It offers both a nice yield and high-growth potential.

Read more »