Top Three REIT Stocks Providing Divided Yields Ideal for Passive Income Generation in August
In the realm of Real Estate Investment Trusts (REITs), three names stand out for their high-yielding and steadily rising dividends: Mid-America Apartment Communities (MAA), Invitation Homes (INVH), and Realty Income (O).
Mid-America Apartment Communities, ticker AMH, has been a consistent dividend grower, increasing its dividend for 15 years in a row. The REIT currently pays an annual dividend of $6.06 per share, yielding more than 4% at its recent share price. On February 12, 2025, AMH announced a notable 15.4% quarterly dividend increase, indicating strong near-term dividend growth. This increase, reported in 2025, suggests a positive outlook on dividend growth, although no multi-year forecast is provided in the search results.
Invitation Homes (INVH) has also demonstrated a commitment to dividend growth, having increased its dividend every year since its initial public offering in 2017. The current quarterly dividend stands at $0.29 per share, yielding close to 4% at the most recent share price. However, specific recent dividend increase or growth forecast data for Invitation Homes was not found in the search results.
Investments by Invitation Homes are providing it with incremental sources of income to support its steadily rising dividend. One such investment involves providing a developer with $33 million in funding to build a 156-home community.
Realty Income (O) is another REIT with a strong dividend track record. The REIT's current monthly dividend is $0.269 per share, yielding approximately 6%. Realty Income's diversified portfolio includes retail, industrial, gaming, and other properties. The REIT has increased its monthly dividend 131 times since its public market listing in 1994, a testament to its consistent growth.
While specific dividend growth forecasts for Realty Income were not found in the provided search results, the REIT expects to invest about $4 billion this year to expand its portfolio. Realty Income's rental properties are secured by long-term net leases, ensuring stable rental income.
It's worth noting that Mid-America Apartment Communities has paid a dividend in 126 consecutive quarters and has never reduced or suspended its dividend in its more than 30 years as a public company. The REIT has nearly $1 billion of apartment development projects underway and expects to complete these projects over the next few years.
In the second quarter of 2025, Invitation Homes spent $350 million to buy over 1,000 homes, further strengthening its position in the single-family rental market.
For investors seeking passive dividend income, these REITs - Mid-America Apartment Communities, Invitation Homes, and Realty Income - are solid choices, given their high-yielding and steadily rising dividends. However, detailed dividend growth forecasts for Invitation Homes and Realty Income may require further updated financial disclosures or analyst reports.
[1] Source: Company financial reports and analyst reports as of February 2025.
Investing in Mid-America Apartment Communities (MAA) offers a high-yielding dividend of $6.06 per share annually, with a consistent 15-year dividend growth. Personal-finance enthusiasts might find value in Realty Income (O) as well, given its monthly dividend of $0.269 per share, yielding approximately 6%, and a robust dividend growth track record of 131 increases since 1994. Investors should keep an eye on finance updates for Invitation Homes and Realty Income for more precise dividend growth forecasts.
