Just been looking at a couple of REITs that caught my attention for anyone building passive income opportunities. Both have been performing pretty consistently, and honestly, they're worth a closer look if you're thinking about monthly dividend plays.

Let me start with Realty Income—this one's kind of the steady Eddie of the dividend world. They've managed to raise their dividend every single quarter for the past 113 quarters straight. That's over 28 years of consecutive increases. Pretty wild when you think about it. They're currently yielding around 4.9%, and they've got exposure across retail, industrial, gaming, and other property types all locked in with long-term net leases. The company spent $6.3 billion expanding last year and is looking to deploy at least $8 billion in 2026. That kind of capital deployment should keep supporting dividend growth.

Now, EPR Properties is the one that's been more aggressive. They focus on experiential properties—movie theaters, golf resorts, theme parks, that kind of thing. What's interesting is their FFO per share grew 5.1% recently, and they just bumped their monthly dividend by the same amount. That pushed their yield above 6%, which is pretty solid. They're planning to invest $400-500 million into new properties this year, including about $85 million in development and redevelopment. If they hit their targets, they should see another 5%+ FFO per share growth, which means more dividend increases coming.

Both of these REITs operate on solid payout ratios—EPR around 70% of FFO, Realty Income at 75%—which means they're retaining enough to keep growing. For anyone serious about passive income opportunities, these monthly dividend structures actually align pretty well with regular expenses since you're getting paid every month instead of quarterly.

The thing that stands out is both companies have pretty clear visibility into 2026 earnings, and the outlook looks solid. If you're looking to build a portfolio around passive income opportunities with actual growth attached, these are worth studying more closely.