These are unsure occasions. Within the final 5 years, some dividend shares have slashed dividends because of large debt, whereas others have offered capital progress by way of enterprise growth. This raises questions in regards to the security of investing in dividend shares. To know which inventory to purchase, observe the money circulate.
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Money-gushing dividend shares
Free money circulate (FCF) is the money left after paying debt and reinvesting capital within the enterprise. Within the case of REITssearch for adjusted funds from operations (AFFO), as their belief construction makes it necessary to distribute most of their earnings. I adopted the money path and located some fascinating dividend shares which might be gushing with money.
Capital Energy inventory
Capital Energy (TSX:CPX) is experiencing vital progress as a result of growing demand for gas-fired energy crops from synthetic intelligence (AI) information centres. The corporate acquires, develops, and maintains energy crops. It’s a key beneficiary of the coal-to-gas conversion.
The corporate’s AFFO elevated 10.6% year-over-year within the first 9 months of 2025. Its dividend payout ratio stood at 36%, nicely inside the guided vary of 30–50%. It has elevated its dividend by 6% for the June 2025 to July 2026 interval. Nonetheless, administration is guiding 2–4% dividend progress by way of 2030 because it allocates extra capital in constructing pure gasoline energy crops.
Now is an effective time to purchase the inventory and lock in a 4.3% dividend yield, the 2026–2027 dividend progress, and an AI-driven share value rally.
CT REIT
Canada’s actual property sector noticed a restoration in 2025 as the federal government allotted a funds to construct new homes. Most REITs noticed a restoration, together with CT REIT (TSX:CRT.UN). It’s now buying and selling close to its 2022 excessive and is well-placed to develop its dividend by 3% in July.
As the actual property funding belief of Canadian Tireit acquires, develops, and intensifies shops for its dad or mum. It brings new properties on-line and collects a 1.5% increased lease. Since its dad or mum is its largest tenant, occupying greater than 90% leasable space, occupancy isn’t a problem.
In 2025, the REIT’s AFFO elevated by 3.7%, and distribution elevated by 2.8%. The REIT doesn’t have a major mortgage or development mortgage. Most of its debt is debentures. This complete association makes CT REIT a inventory to purchase and preserve accumulating for an inflation-beating month-to-month passive revenue in all financial situations.
Lundin Gold
Lundin Gold (TSX: LUG) is a cash-gushing inventory for all good causes. The gold miner has been rallying on rising gold costs. Gold costs are more likely to keep elevated amidst the worldwide provide chain shift and rising geopolitical uncertainties. Any main developments round world commerce, warfare, or provide shocks may drive the gold value to new highs.
Lundin Gold’s 2025 steerage assumed a gold value of US$2,500 per ounce, but it surely realized a median gold value of US$3,594 per ounce. The upper gold value helped Lundin report a file free money circulate of US$926 million, because of its low all-in sustaining prices (AISC) of $1,015 per ounce.
The corporate shared its excessive money circulate with shareholders by distributing a variable quarterly dividend of $0.85 per share. The gold value is presently hovering within the vary of US$5,230–US$5,250 per ounce. Contemplating that gold costs will stay elevated, Lundin may preserve paying increased variable dividends.