Recent Dividend Announcements

Latest dividend declarations from major Canadian dividend stocks:

ENB.TO - Enbridge Inc. Increase

Dividend of $0.970 per share declared. Ex-date: 2026-02-17.

December 2025
TD.TO - Toronto-Dominion Bank Increase

Dividend of $1.080 per share declared. Ex-date: 2026-01-09.

December 2025
RY.TO - Royal Bank of Canada Increase

Dividend of $1.640 per share declared. Ex-date: 2026-01-26.

December 2025
BNS.TO - Bank of Nova Scotia Declared

Dividend of $1.100 per share declared. Ex-date: 2026-01-06.

December 2025
BMO.TO - Bank of Montreal Increase

Dividend of $1.670 per share declared. Ex-date: 2026-01-30.

December 2025
Phin Smith
CREATED BY Phin Smith UPDATED
Based on 3 sources
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Canadian Dividend Investing

Canada offers excellent dividend opportunities, particularly in the financial and energy sectors. The big Canadian banks have paid dividends for over 100 years.

Top Canadian Dividend Sectors:

  • Big 5 Banks - TD, RY, BNS, BMO, CM - High yields, consistent growers
  • Energy Infrastructure - ENB, TRP, PPL - Pipeline companies with stable cash flows
  • Telecoms - BCE, T, RCI.B - High yields, essential services
  • Utilities - FTS, EMA, CU - Regulated, stable dividends

Canadian Dividend Tax Benefits:

Canadian eligible dividends receive preferential tax treatment through the dividend tax credit, making Canadian dividend stocks particularly attractive for Canadian residents investing in non-registered accounts.

Frequently Asked Questions

How are Canadian dividends taxed for US investors?

US investors typically face 15% Canadian withholding tax on dividends (may be reduced via tax treaty). This can be claimed as a foreign tax credit. Canadian stocks may be better held in taxable accounts than IRAs due to treaty benefits.

When do Canadian banks pay dividends?

Canadian banks typically pay quarterly dividends. Each bank has a different schedule - TD and BMO pay in January/April/July/October, while RBC and Scotia pay February/May/August/November.

What currency are Canadian dividends paid in?

TSX-listed stocks pay dividends in Canadian dollars (CAD). If you hold Canadian stocks through US brokers, dividends are typically converted to USD at prevailing exchange rates.