VICI Properties has recently been sold off. Las Vegas has slowed down, and casino operators are suffering. I think that this is a historic opportunity. Here is why.

Delta Investment Management LLC increased its stake in shares of VICI Properties Inc. (NYSE: VICI) by 80.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,568 shares of the company's stock after purchasing an additional 25,646 shares during the quarter.

Great dividend payers can support and raise their payouts through the years. VICI Properties is a leading REIT with a vast portfolio of experience-oriented properties.

REITs are priced at generationally low valuations. But potentially not for much longer. I explain why and highlight some of my top picks.

Ares Capital has paid a stable or growing dividend over the last 16 years. Energy Transfer plans to increase its distribution by 3% to 5% annually.

VICI Properties offers a 6.5% yield with a strong, consistent dividend growth history and robust coverage ratios. VICI's intrinsic value is calculated at $31.66, above its current price, suggesting both yield and capital appreciation potential. Dividend growth assumptions are conservative, with management maintaining a prudent payout ratio and ongoing expansion plans.

VICI Properties trades at a multi-decade low valuation, offering a 6.5% yield and strong AFFO growth prospects. Current market concerns—Las Vegas tourism declines and Caesars regional softness—are overstated due to VICI's resilient triple-net lease structure. VICI's forward AFFO payout ratio of 74.4% and CPI-linked rent escalations support sustainable and growing dividends.

Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to share her top dividend plays for 2026.

Fidelity's 'new income ideas' highlight unconventional assets like convertible bonds and emerging market debt for income and diversification. iShares J.P.Morgan USD Emerging Market Bond (EMB) offers a 5.5% yield, diversifying across investment-grade and non-investment-grade sovereign debt. Oil tanker stocks such as Nordic American Tankers (NAT) yield around 11%, but face volatile returns and intense industry competition.

Not all REIT property sectors are equally attractive. Some are oversupplied and expensive, even as others enjoy steady growth and trade at low valuations. I highlight my three favorite property sectors going into 2026.