Stag Industrial (NYSE: STAG) is a great passive income producer. The industrial REIT pays a high-yielding monthly dividend (currently 3.9%) that has steadily increased. That's more than double the dividend yield of the S 500 (currently 1.5%). 

That attractive payout should continue rising in the future. A big factor driving that view is the robust demand for its properties, which was evident in its second-quarter financial results.

Stag Industrial posted solid second-quarter results. Net operating income across the industrial REIT's existing portfolio grew by 5.3%, driven by rising rents. The company's long-term leases feature escalation clauses that grow its rents by 2.5% annually, providing a nice base growth rate. 

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Source Fool.com