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nvesting in real estate can provide a steady stream of passive income, and one way to achieve this is through real estate investment trusts (REITs). Three REITs stand out for their impressive dividend-paying records: Essex Property Trust, Federal Realty Investment Trust, and Realty Income.

    Essex Property Trust has a strong track record of growth, with its same-property net operating income increasing by 126% over the past 20 years. This has enabled the company to raise its dividend at more than double the average pace of its peers. With a conservative dividend payout ratio and a strong balance sheet, Essex is well-positioned to continue investing in its growing portfolio.

    Federal Realty Investment Trust takes a focused approach, owning high-quality mixed-use properties and open-air shopping centers in first-ring suburbs of strategically selected metro markets. This strategy has paid off, with the company increasing its funds from operations (FFO) per share by more than 134% since 2005. Federal Realty's commitment to quality over quantity has enabled it to maintain a REIT sector-leading dividend record.

    Realty Income has been successful in achieving its mission of paying dependable monthly dividends that steadily rise. The diversified REIT has increased its payment 131 times since its public market listing in 1994 and has raised the dividend for 111 consecutive quarters. Realty Income focuses on investing in properties with stable rental income, such as retail, industrial, and gaming properties leased to leading companies.

    These three REITs have delivered decades of dividend increases, making them great stocks to buy for those seeking resilient passive income streams. With their strong track records and conservative approaches, they are well-positioned to continue delivering steady returns to investors.