2 Fantastic Dividend Stocks to Buy Right Now for Income and Growth

Group 1: Mid-America Apartment Communities (MAA) - Mid-America Apartment Communities has increased its dividend for 14 consecutive years, with a 5% increase last December [3] - The REIT's funds from operations (FFO) have decreased from $6.85 to $6.65 per share due to increased apartment supply affecting occupancy and rent growth [4] - The company anticipates a decline in new apartment supply, which is expected to lead to higher occupancy and rent growth in the coming years [5] - Mid-America is actively developing eight new apartment communities and acquiring recently built apartments, which will contribute to future earnings growth [6] - The stock price is currently 33% below its peak, resulting in a dividend yield near 4%, making it an attractive investment opportunity [7] Group 2: Invitation Homes (INVH) - Invitation Homes has increased its dividend every year since going public in 2017, with a 7.7% increase last December [8] - The REIT has maintained a high occupancy level of 97% and achieved a 4.2% growth in same-store rents in the third quarter [8] - The company has expanded its portfolio by purchasing 1,591 homes for $557 million and investing $37 million in joint venture homes [9] - Demand for single-family rental homes remains strong, with renting being 33% more affordable than buying in key markets [10] - Invitation Homes has a strong balance sheet and plans to acquire about 2,700 homes from builders, enhancing its growth potential [11] - Despite a 30% decline in stock value from its peak, the REIT's dividend yield is around 3.5%, indicating an attractive investment opportunity [12] Group 3: Investment Outlook - Both Mid-America Apartment Communities and Invitation Homes offer attractive dividend yields and have significant growth potential ahead [13] - The decline in stock prices for both REITs has created opportunities for investors seeking income and growth [13]