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

money cash dividends
Dividend Stocks

Monthly Passive Income: The Best Canadian Dividend Stock to Buy in 2023

| Jitendra Parashar

This one of the best Canadian monthly dividend stocks can help you make passive income in 2023 and beyond.

Read more »

Gas pipelines
Dividend Stocks

TFSA Investors: The Best TSX Energy Stocks for Fast-Growing Passive Income

| Aditya Raghunath

Income-seeking investors can add TSX giants such as Enbridge to their equity portfolios and benefit from a steady stream of…

Read more »

think thought consider
Dividend Stocks

Better Buy: BCE Stock vs Royal Bank

| Andrew Walker

BCE and Royal Bank are industry leaders. Is one a better bet today for a retirement portfolio?

Read more »

Engineers walk through a facility.
Dividend Stocks

Dividend Stocks: Here’s a Diamond in the Rough Yielding Over 6%

| Karen Thomas, MSc, CFA

ChemTrade Logistics is a little known gem, yielding 6.2% and generating record revenues and earnings as demand soars

Read more »

Increasing yield
Dividend Stocks

Boost Your Passive Income With These 3 High-Yielding Dividend Stocks

| Rajiv Nanjapla

These three dividend stocks offer healthy dividend yields and stable cash flows to grow your passive income.

Read more »

Illustration of bull and bear
Dividend Stocks

Protect Your Wealth: 2 Defensive Gems to Buy in 2023

| Demetris Afxentiou

Looking to pick up some defensive gems for your portfolio? Protect your wealth by buying one of these stellar stocks…

Read more »

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

1 Oversold Dividend Stock (Yielding 6.5%) to Buy in the New Year

| Chris MacDonald

Here's why SmartCentres REIT (TSX:SRU.UN) is one top dividend stock long-term investors should consider in this current environment.

Read more »

Man data analyze
Dividend Stocks

2 Top Dividend Stocks to Buy and Hold for Life

| Adam Othman

Dividend stocks like Canadian National Railway and TD Bank are excellent long-term assets to buy and hold.

Read more »

money cash dividends
Dividend Stocks

Top Canadian Dividend Stocks Yielding over 5% in January 2023

| Vineet Kulkarni

Canadian dividend stocks will remain in the limelight this year amid the above-average market volatility.

Read more »

office buildings
Dividend Stocks

These 2 Canadian Dividend Stocks are a Retiree’s Best Friend

| Amy Legate-Wolfe

Retirees have enough to worry about, and cash is certainly high up on that list. So create some income each…

Read more »

protect, safe, trust
Dividend Stocks

3 of the Safest Dividend Stocks on Earth Right Now

| Kay Ng

The safest dividend stocks are those that pay out safe dividends and are trading at good valuations. Here are some…

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

2 TSX Dividend Stocks With Seriously Huge Payouts

| Adam Othman

Not all high-yield stocks are risky. Some are simply victims of weak markets and adverse circumstances, making them viable additions…

Read more »

money cash dividends
Dividend Stocks

Passive Income in Canada: How to Easily Earn $5/Day

| Robin Brown

You won’t have to look far to buy a portfolio that generates over $5 per day.

Read more »

stock analysis
Dividend Stocks

Better RRSP Buy: Bank of Nova Scotia Stock or Suncor?

| Andrew Walker

Bank of Nova Scotia and Suncor look undervalued today. Is one more attractive for RRSP investors?

Read more »

investment research
Dividend Stocks

2 Top TSX Dividend Stocks to Buy in January 2023

| Amy Legate-Wolfe

Value? Check. Market-beating performance? Check. Some of the highest dividend yields on the TSX? Double check!

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

3 Incredibly Cheap TSX Stocks to Buy for Passive Income

| Robin Brown

Are you looking for passive income that happens to still be cheap in 2023? Check out these three TSX stocks…

Read more »

Upwards momentum
Dividend Stocks

2 Growth Stocks That Also Offer Incredible Dividends

| Chris MacDonald

These two growth stocks also pay impressive dividends -- something long-term investors may want to consider when looking at this…

Read more »

thinking
Dividend Stocks

Has BNS Stock Hit the Bottom at Last?

| Jitendra Parashar

After losing nearly 26% of its value last year, BNS stock has risen 4.3% in January so far. Has It…

Read more »

protect, safe, trust
Dividend Stocks

Top Canadian Defensive Stocks to Buy Right Now

| Vineet Kulkarni

Canadian defensive stocks will likely remain in limelight in 2023.

Read more »

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

2 of the Best TSX Stocks to Invest $1,000 in Right Now

| Adam Othman

Consider investing in these two TSX stocks with high-yielding dividends, one with more risk than the other for a balanced…

Read more »

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

How to Earn Monthly Rental Income With Less Than $20 to Start

| Christopher Liew, CFA

Investors with limited capital can earn monthly passive income like real landlords through dividend-paying REITs.

Read more »

TFSA and coins
Dividend Stocks

2 Superb Stocks for TFSA Passive Income

| Andrew Walker

Great TSX dividend stocks are still on sale for TFSA investors seeking quality passive income.

Read more »

TELECOM TOWERS
Dividend Stocks

4 Things to Know About Rogers Stock

| Vineet Kulkarni

Should you buy shares in Rogers?

Read more »

Various Canadian dollars in gray pants pocket
Dividend Stocks

TFSA: How to Invest $6,500 for Reliable Passive Income in 2023

| Robin Brown

Are you looking to earn safe and reliable passive income from your $6,500 TFSA contribution? These three Canadian stocks are…

Read more »

Golden crown on a red velvet background
Dividend Stocks

Passive Income Seekers: 2 Stocks With Safe Dividend Payouts

| Adam Othman

Dividend aristocrats with a strong market presence and safe business model can offer sustainable dividends.

Read more »

Dividend Stocks

3 Discounted REITs That Are Ready to Bounce Back

| Adam Othman

A great time to buy discounted REITs that offer both capital appreciation potential and good yield is when they are…

Read more »

Growth from coins
Dividend Stocks

Dividend Stocks: 3 Reasons to Buy This 8% Yielder

| Karen Thomas, MSc, CFA

Alaris Equity Partners Income Fund is a a dividend stock delivering impressive returns with an unconventional strategy.

Read more »

Dividend Stocks

Want $100 in Monthly Passive Income? Buy 1,500 Shares of This TSX Stock

| Kay Ng

This discounted Canadian REIT could be a great buy now to boost your passive monthly income with its 8% yield.

Read more »

Pixelated acronym REIT made from cubes, mosaic pattern
Dividend Stocks

Investors: Why Choose REITs Over Direct Ownership

| Christopher Liew, CFA

Two Canadian REITs in distinct sub-sectors are the next-best alternatives to buying real estate for investment purposes.

Read more »

High pressure wire tower at sunset at dusk
Dividend Stocks

Fortis Stock Is a Great Buy in 2023

| Vineet Kulkarni

Defensives like Fortis will be in focus in 2023.

Read more »

Retirement
Dividend Stocks

3 Dividend Stocks for a Robust Retirement

| Adam Othman

The right mix of growth and dividends can help you convert your savings into the necessary financial supplement for your…

Read more »

stock data
Dividend Stocks

TFSA Investors: 2 Dividend Stocks I’m Practically Addicted to Buying

| Amy Legate-Wolfe

I'm counting on these dividend stocks to continue to fuel my children and their eating habits for years and years…

Read more »

Man data analyze
Dividend Stocks

Better Buy: TD Stock vs. Enbridge

| Andrew Walker

TD and Enbridge are two of Canada's top dividend stocks. Is one more attractive right now?

Read more »

Canadian Dollars
Dividend Stocks

Want $600 per Quarter in Passive Income? 3 TSX Stocks That Do the Job

| Amy Legate-Wolfe

Looking for tax-free passive income? These three TSX stocks can create that for life, starting with your next quarterly payment.

Read more »

IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
Dividend Stocks

TFSA Investors: How to Earn $250/Month in Passive Income

| Robin Brown

Utilize your TFSA to earn tax-free passive income on a regular basis! Check out this simple portfolio that earns $250/month!

Read more »

TFSA and coins
Dividend Stocks

TFSA Passive Income: 3 Stocks to Make $330 Per Month in 2023

| Andrew Walker

Top TSX dividend stock are now on sale for TFSA investors targeting passive income.

Read more »

A bull outlined against a field
Dividend Stocks

A New Bull Market Is Coming: 3 TSX Stocks I’d Load Up on Before it Gets Here

| Kay Ng

Economists anticipate a recession this year. Surely, bull markets will follow recessions. Buy these stocks before it gets here!

Read more »

protect, safe, trust
Dividend Stocks

3 TSX Stocks with Super-Safe Dividends

| Christopher Liew, CFA

The dividend yields of three TSX stocks in the industrial sector are modest, but payouts should be super-safe.

Read more »

Increasing yield
Dividend Stocks

3 Ultra High Yield Stocks I’d Buy in 2023

| Andrew Button

Here's why I would invest in high yield Enbridge stock and a few others.

Read more »

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

Down 3.35%: Is Dollarama Stock a Buy?

| Adam Othman

Dollarama stock looks like a buy and hold in 2023 as it carries forward its positive momentum into the New…

Read more »