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Canada High Dividend Stocks Today July 2026

Discover the best high dividend stocks in Canada for July 2026, featuring leading companies such as Harvest Strategy Inc. Enhanced High Income Shares ETF (MSTE.TO), RBC PH&N Short Term Canadian Bond ETF (RPSB.TO), RBC U.S. Banks Yield (CAD Hedged) Index ETF (RUBH.TO). These dividend stocks for passive income picks represent companies offering significant payouts to shareholders, providing a reliable source of passive income and portfolio stability.

Our curated list highlights stocks in utilities, consumer defensive, and financial sectors with dividend yields of 4% or more, updated monthly using Meyka AI to track current yields, payout ratios, and price trends.

Signal Criteria
Div Yield>=4%
Sector
SymbolPriceChangeVolumeDividend YieldMarket CapSector / IndustrySectorGRADE
MSTE.TO
Harvest Strategy Inc. Enhanced High Income Shares ETF
$1.81
-1.09%
-0.02
738.7K+1.98%410.9MFinancial Services-
BGrade
RPSB.TO
RBC PH&N Short Term Canadian Bond ETF
$20.05
-0.05%
-0.01
2.2K+1.01%10.5MFinancial Services-
BGrade
RUBH.TO
RBC U.S. Banks Yield (CAD Hedged) Index ETF
$21.68
-2.12%
-0.47
2.3K+1.01%4.1MFinancial Services-
Z
Grade
RQN.TO
RBC Target 2025 Corporate Bond Index ETF
$20.50
-0.02%
-0.00
19K+1.01%499.9MFinancial Services-
Z
Grade
RUBY.TO
RBC U.S. Banks Yield Index ETF
$27.39
+2.20%
+0.59
182+98.74%15.1MFinancial Services-
Z
Grade
YTSL.NE
Tesla (TSLA) Yield Shares Purpose ETF
$14.32
-3.11%
-0.46
943K+62.89%142.8MFinancial Services-
Z
Grade
MEE.TO
Mackenzie Maximum Diversification Emerging Markets Index ETF
$26.16
-1.32%
-0.35
12.4K+60.30%51.3MFinancial Services-
Z
Grade
TSLY.NE
Harvest Tesla Enhanced High Income Shares ETF
$5.25
-2.60%
-0.14
97K+52.70%165.4MFinancial Services-
Z
Grade
TSLY.TO
Harvest Tesla Enhanced High Income Shares ETF
$5.25
-2.60%
-0.14
343.8K+52.60%227.7MFinancial Services-
Z
Grade
ETHY.TO
Purpose Ether Yield ETF
$1.25
-0.79%
-0.01
144.9K+45.59%15.8MFinancial Services-
Z
Grade
HBTE.NE
Harvest Bitcoin Leaders Enhanced Income ETF
$14.72
-4.72%
-0.73
22.9K+32.16%25.5MFinancial Services-
Z
Grade
HEJ.TO
Horizons NASDAQ-100 Covered Call ETF
$4.97
+2.26%
+0.11
11.8K+30.78%8.9MFinancial Services-
Z
Grade
HHIS.TO
Harvest Diversified High Income Shares ETF
$10.82
-0.64%
-0.07
1M+29.52%729MFinancial Services-
Z
Grade
BTCY.TO
Purpose Bitcoin Yield ETF
$4.20
-1.18%
-0.05
34.2K+24.34%50.6MFinancial Services-
Z
Grade
BTCY-U.TO
Purpose Bitcoin Yield ETF
$4.31
-2.71%
-0.12
600+22.53%51.1MFinancial Services-
Z
Grade
HEF.TO
Horizons Equal Weight Canadian Bank Covered Call ETF
$7.85
+1.42%
+0.11
1.2K+22.17%16.5MFinancial Services-
Z
Grade
NVHE.TO
Harvest NVIDIA Enhanced High Income Shares ETF
$13.07
-0.98%
-0.13
192.9K+22.15%86.2MFinancial Services-
Z
Grade
YNVD.NE
NVIDIA (NVDA) Yield Shares Purpose ETF
$45.55
-1.11%
-0.51
118.3K+19.83%188.3MFinancial Services-
Z
Grade
HEP.TO
Horizons Gold Producer Equity Covered Call ETF
$25.18
+1.53%
+0.38
6.5K+19.48%196.8MFinancial Services-
Z
Grade
MSFH.TO
Harvest Microsoft High Income Shares ETF
$8.61
+0.35%
+0.03
32.5K+19.47%161.6MFinancial Services-
Z
Grade
LLHE.TO
Harvest Eli Lilly Enhanced High Income Shares ETF
$10.55
+1.25%
+0.13
19.9K+18.98%50.3MFinancial Services-
Z
Grade
MXF.TO
CI First Asset Can-Materials Covered Call ETF Common
$12.06
+0.84%
+0.10
139+18.05%19.9MFinancial Services-
Z
Grade
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fund
$9.49
+0.96%
+0.09
109.9K+17.45%144.1MFinancial Services-
Z
Grade
HPYT.TO
Harvest Premium Yield Treasury ETF
$7.67
+0.13%
+0.01
137.8K+17.45%186.9MFinancial Services-
Z
Grade
XID.TO
iShares India Index ETF
$42.94
+0.99%
+0.42
4.8K+16.49%137MFinancial Services-
Z
Grade
HEX.TO
Horizons Canadian Large Cap Equity Covered Call ETF
$6.40
+1.75%
+0.11
1.2K+15.47%24.4MFinancial Services-
Z
Grade
YAMZ.NE
Amazon (AMZN) Yield Shares Purpose ETF
$40.14
-0.79%
-0.32
67.6K+15.43%96.6MFinancial Services-
Z
Grade
CDAY.NE
Hamilton Enhanced Canadian Equity DayMAX ETF
$27.82
+0.76%
+0.21
28.5K+14.81%198.5MFinancial Services-
Z
Grade
RS.TO
Real Estate Split Corp.
$10.79
+0.94%
+0.10
21.1K+14.55%126.9MFinancial Services-
Z
Grade
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF
$26.02
-1.14%
-0.30
22.9K+14.22%365.4MFinancial Services-
Z
Grade
1

Understanding High Dividend Stocks

High dividend stocks are companies that return a meaningful portion of earnings to investors, helping generate steady income and reduce volatility. The Toronto Stock Exchange (TSX) high dividend stocks today July 2026 list ranks companies based on live market data, including:

  • Price movements: $1.81, $20.05, $21.68
  • Trading volume: 738.7K, 2.2K, 2.3K
  • Market capitalization: 410.9M, 10.5M, 4.1M
  • Sector / Industry: Financial Services / Asset Management, Financial Services / Asset Management - Bonds, Financial Services / Asset Management

This curated list allows investors to track the best dividend-giving stocks in 2026, evaluate payout sustainability, and identify monthly dividend opportunities.

How to Track High Dividend Stocks in Canada (Toronto Stock Exchange (TSX))

Income Generation
  • Earn steady income even during volatile markets in Canada
  • Use dividends to reinvest or supplement cash flow
  • Build long-term passive income portfolios using Toronto Stock Exchange (TSX) stocks
  • Discover high-yield dividend stocks under $1.81
Smart Allocation
  • Identify value in defensive and essential sectors on Toronto Stock Exchange (TSX)
  • Reduce portfolio risk with income-generating assets
  • Benchmark dividend yields against inflation and index returns in Canada
  • Evaluate price-to-dividend ratios and average dividend returns of Toronto Stock Exchange (TSX) listings

Related Resources

Frequently Asked Questions

The best dividend stocks are selected using real-time table data such as Price, Dividend Yield, Volume, Market Cap, Sector, and overall GRADE, helping identify consistent income-generating companies.
The GRADE reflects Meyka AI's overall evaluation of a stock based on dividend strength, price stability, trading volume, and long-term income reliability.
Higher Volume indicates stronger investor interest and liquidity, helping confirm whether a dividend stock's price and yield are supported by active market participation.
Yes. Investors can filter the table by Price, Sector, and GRADE to identify dividend stocks suitable for beginners or smaller investment budgets.
No. High dividend stocks may appear across sectors such as utilities, financials, REITs, consumer defensive, and industrials, depending on current market conditions.