I'm on a mission to build my passive income streams to the point where they can cover my recurring expenses. Doing so would give me a lot more financial freedom. I would no longer feel the pressure of having to work to pay the bills.

I make progress toward my goal each month by making investments that generate passive income. High-quality, high-yield dividend stocks are one of my go-to options. This August, I plan to buy more shares of several top-notch dividend stocks, including Mid-America Apartment Communities (NYSE: MAA) and Rexford Industrial Realty (NYSE: REXR).

Mid-America Apartment Communities, or MAA, is a real estate investment trust (REIT) focused on multifamily properties. The company currently owns nearly 104,000 apartment units across 16 states, predominantly in the Sun Belt region.

Continue reading

Source Fool.com