Best Canadian Monthly Dividend Stocks 2020

Monthly dividend stocks are some of my favorite investments because they pay a steady, consistent every 30 days.

We previously wrote about the best monthly dividend stocks in the USA so now we are covering monthly dividend-paying stocks in Canada.

There are currently 27 stocks paying a monthly dividend on the Toronto Stock Exchange. Check out for a complete list of Canadian monthly dividend stocks.

Out of the 27 stocks, we will cover the best ones based on company strength, dividend growth, safety and long term capital appreciation.

List of Best Canadian Monthly Dividend Stocks

SymbolCompany NameMonthly DividendDividend Yield
SJRShaw Communications$0.0754.60%

Stocks data updated as of August 21st, 2019