3 Top REIT Dividend Stocks for Passive Income in August

Real estate investment trusts (REITs) continue to attract investors seeking steady dividend income, with Mid-America Apartment Communities (MAA), Invitation Homes (INVH), and Realty Income (O) emerging as standout picks this August. These REITs distinguish themselves through consistent dividend growth, robust financials, and high-quality property portfolios.

Mid-America Apartment Communities exemplifies reliability, having declared its 126th consecutive quarterly dividend. With an annual payout of $6.06 per share and a yield exceeding 4%, the REIT boasts a 15-year streak of dividend increases. Strong demand in SUN Belt markets and limited future supply suggest sustained occupancy and rent growth, while nearly $1 billion in ongoing development projects underscores growth potential.