Innovative Industrial Properties (IIPR) and Arbor Realty Trust (ABR) emerge as top dividend plays for 2026, both offering yields exceeding 16% according to WarrenAI's analysis. IIPR delivers a 16.6% yield with a nine-year dividend streak and 13.7% annualized growth, while ABR provides a 16.1% yield and a 7.5% growth rate over five years.

These yields are exceptional in the current low-rate environment, signaling strong investor demand for income. The analysis highlights both REITs for their combination of high current income and consistent payout growth, appealing to income-focused investors seeking fundamental strength.