Author plans to invest in dividend-focused REITs MAA and REXR in August for steady passive income.
Author plans to invest in MAA and REXR in August, both high-yield dividend stocks focused on multifamily and logistics properties. MAA, a US-based REIT, owns 104,000 apartment units and pays a 4% dividend yield, while REXR has 422 properties in Southern California's high-demand industrial market with a 3%+ dividend yield. Both REITs have strong financials and growth prospects, supporting their dividend increases. The author anticipates these investments to provide a steady passive income stream.
August 04, 2024
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