Reported 2 months ago
In the pursuit of building passive income streams, the author plans to purchase more shares of two promising high-yielding dividend stocks in August: Mid-America Apartment Communities (MAA) and Rexford Industrial Realty (REXR). MAA, a real estate investment trust (REIT) focusing on multifamily properties, boasts a robust history of increasing dividends and is strategically expanding its portfolio. Similarly, Rexford Industrial, focused on logistics properties in Southern California, is experiencing strong demand, allowing it to grow its dividends consistently. Both companies align well with the goal of generating a growing stream of passive income.
Source: YAHOO