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

Dial moving from 4G to 5G
Dividend Stocks

2 Value Stocks to Buy and Hold for Years

| Rajiv Nanjapla

Given their healthy growth prospects and cheaper valuation, I expect these two value stocks to outperform over the next five…

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

2 Oversold TSX Dividend Stocks to Buy for Passive Income

| Puja Tayal

A recession reiterates the need for passive income. Everyone, from retirees to millennials, needs dividends when working income is not…

Read more »

edit Balloon shaped as a heart
Dividend Stocks

My 3 Favourite TSX Dividend Stocks Right Now

| Jed Lloren

Are you looking for dividend stocks to add to your portfolio? Here are three of my favourite dividend stocks right…

Read more »

money cash dividends
Dividend Stocks

2 Canadian Dividend Stocks Under $10

| Puja Tayal

Stocks under $10 carry high risk. But there are two stocks at this price that also pay regular dividends.

Read more »

Silver coins fall into a piggy bank.
Dividend Stocks

Have $1,000? 2 All-Weather Dividend Stocks to Buy and Hold Forever

| Adam Othman

Investors can consider adding these recession-resistant stocks to their portfolios to generate reliable passive income through shareholder dividends.

Read more »

Person Hands Opening Mailbox To Remove Newspaper
Dividend Stocks

What’s New With the Deal to Buy Shaw Communications (TSX:SJR.B)?

| Demetris Afxentiou

Are you wondering what is happening with the deal to buy Shaw Communications (TSX:SJR.B)(NYSE:SJR)? Here's a quick recap and what…

Read more »

Young adult woman walking up the stairs with sun sport background
Dividend Stocks

New to the Stock Market? Buy This 1 Stock Today to Kickstart Your Wealth-Building Journey

| Jitendra Parashar

Here’s one Canadian stock to help new stock market investors build an outstanding amount of wealth in the long run.

Read more »

Increasing yield
Dividend Stocks

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

| Brian Paradza, CFA

Here are two TSX dividend growth stocks with yields higher than 3%.

Read more »

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

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

| Amy Legate-Wolfe

Utility stocks have been some of the only positive performers on the TSX today. Here are the three top stocks…

Read more »

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

Create a $500/Month Income Stream With These 3 Cheap Stocks

| Sneha Nahata

Investors can earn $500 in monthly cash through these cheap and high-yield TSX stocks.

Read more »

Piggy bank next to a financial report
Dividend Stocks

RRSP Investing: 2 Great TSX Dividend Stocks to Own for 20 Years

| Andrew Walker

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

Read more »

Female hand holding piggy bank. Save money and financial investment
Dividend Stocks

2 Bargain Stocks You Can Buy Today and Hold Forever

| Amy Legate-Wolfe

These two bargain stocks offer excellent odds that you could quadruple your investment or more in the next decade and…

Read more »

Man data analyze
Dividend Stocks

Tax-Free Passive Income: 1 Top TSX Dividend Stock to Buy Now in a TFSA

| Andrew Walker

This top TSX dividend stock offers a growing distribution and a high yield for TFSA investors focused on passive income.

Read more »

exchange traded funds
Dividend Stocks

3 ETFs for Investors in Their 20s

| Adam Othman

When you're in your 20s, there's a lot you can do that investors nearing retirement can't. You can take risks,…

Read more »

Retirement plan
Dividend Stocks

Retire as a Millionaire by Investing Just $300/Month

| Rajiv Nanjapla

These three high-quality stocks can make you a millionaire in the long run.

Read more »

Increasing yield
Dividend Stocks

3 TSX Stocks With High Dividend Yields

| Jed Lloren

Are you trying to build a dividend portfolio? Buy these three TSX stocks with high dividend yields!

Read more »

A plant grows from coins.
Dividend Stocks

Create $300 a Month in Tax-Free Passive Income With These 2 Top Dividend Stocks

| Nicholas Dobroruka

Thinking of building a stream of passive income? Now’s the time. Here are two top dividend stocks to start with.

Read more »

Bank sign on traditional europe building facade
Dividend Stocks

TFSA Investors: Now’s the Time to Buy the Best Bank for Your Buck!

| Joey Frenette

Bank of Montreal stock is a dividend aristocrat that's becoming too cheap to ignore for TFSA investors.

Read more »

money cash dividends
Dividend Stocks

3 Dividend Stocks to Buy Hand Over Fist

| Robin Brown

If you are looking to compound wealth through passive dividend income, here three top stocks to load up on for…

Read more »

value for money
Dividend Stocks

3 Canadian Dividend Stocks That Are Dirt Cheap Right Now

| Amy Legate-Wolfe

These dividend stocks not only offer high yields but superior growth in the past, a cheap share price, and more…

Read more »

Cogs turning against each other
Dividend Stocks

3 of the Safest TSX Dividend Stocks on Earth Right Now

| Aditya Raghunath

Dividend-paying stocks such as TransAlta Renewables and Emera enable investors to generate a steady stream of passive income.

Read more »

retirees and finances
Dividend Stocks

55% of Surveyed Canadians Are Worried About Retirement Security

| Christopher Liew, CFA

More than half of Canadians are worried about their retirement security and fear a crisis due to rising interest rates…

Read more »

Dollar symbol and Canadian flag on keyboard
Dividend Stocks

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

| Aditya Raghunath

Canadian blue-chip stocks such as Enbridge and BCE offer tasty dividend yields to income-seeking investors.

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

4 Cheap Dividend Stocks for Income-Seeking Investors

| Rajiv Nanjapla

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

Read more »

money cash dividends
Dividend Stocks

2 Oversold TSX Dividend Stocks to Buy for Passive Income

| Andrew Walker

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

Read more »

Man data analyze
Dividend Stocks

If the Commodities Rally Continues, These 2 Stocks Are Worth Buying

| Chris MacDonald

Here are two top commodities stocks that long-term investors worried about market turmoil may want to consider as value-based hedges…

Read more »

STACKED COINS DEPICTING MONEY GROWTH
Dividend Stocks

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

| Jed Lloren

Do you have $5,000 you’re hoping to invest? Buy and hold these two stocks until retirement!

Read more »

Young adult woman walking up the stairs with sun sport background
Dividend Stocks

Start Your Investment Journey With These 3 ETFs

| Adam Othman

For most beginner investors looking for steady long-term growth, some broad-market ETFs might have a slight edge over stocks.

Read more »

Target. Stand out from the crowd
Dividend Stocks

RRSP Top Picks: 2 Oversold TSX Dividend Stocks to Buy Now

| Andrew Walker

RRSP investors have a chance to buy top TSX dividend stocks at cheap prices today.

Read more »

energy oil gas
Dividend Stocks

Why Tourmaline Oil (TSX:TOU) Stock Seems Ready to Break Out

| Vineet Kulkarni

Tourmaline Oil stock has returned 110% in the last 12 months, outperforming TSX stocks.

Read more »

edit Balloon shaped as a heart
Dividend Stocks

My 3 Favourite TSX Dividend Stocks Right Now

| Vineet Kulkarni

Its time to shield your portfolio with defensive stocks.

Read more »

Increasing yield
Dividend Stocks

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

| Jed Lloren

Are you looking for TSX stocks with dividends that yield more than 3%? Here are two top picks!

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

Need Cash? Create a Passive-Income Stream Today With These 2 Top Dividend Stocks

| Nicholas Dobroruka

These two dividend stocks can help you build a dependable stream of passive income amid the market’s instability.

Read more »

Supermarket aisle with empty green shopping cart
Dividend Stocks

This 8% Dividend Stock Can Beat Inflation and a Recession

| Vishesh Raisinghani

Recession-resistant stocks like Slate Grocery REIT (TSX:SGR.U) should be on your watch list.

Read more »

A plant grows from coins.
Dividend Stocks

TFSA Investors: 3 Stocks to Buy for $365 in Monthly Tax-Free Income

| Karen Thomas, MSc, CFA

Consider top dividends stocks Enbridge, Altagas, and Northwest Healthcare Properties REIT for your TFSA for consistent, tax-free income.

Read more »

Business man on stock market financial trade indicator background.
Stocks for Beginners

Keep Cash or Invest? 2 Fundamentally Sound Stocks for Beginners

| Christopher Liew, CFA

Two high endurance, large-cap stocks shcan provide beginner investors with the confidence to invest in 2022 and not hold idle…

Read more »

TFSA and coins
Dividend Stocks

TFSA Passive Income: 2 Top TSX Dividend Stocks for Tax-Free Retirement Earnings

| Andrew Walker

TFSA investors seeking passive income can now buy top TSX stocks offering high yields.

Read more »

Man considering whether to sell or buy
Dividend Stocks

3 Sell-Off Stocks That Could Help Set You Up for Life

| Kay Ng

Buy low and sell high is the adage that investors should apply to these three TSX stocks trading at basement…

Read more »

Growth from coins
Dividend Stocks

Want Passive Income? These TSX Dividend Stocks Are for You

| Jed Lloren

Are you interested in building a source of passive income? Here are three TSX dividend stocks for your portfolio.

Read more »

Early retirement handwritten in a note
Dividend Stocks

FIRE Sale: Why Now is the Time to Invest in these TSX Stocks

| Amy Legate-Wolfe

Now is the perfect time to pick up these TSX stocks and watch them blossom into millions to reach your…

Read more »