When the stock market is trading sideways or in a narrow trading range, it is a good idea to own high dividend stocks.  Listed below are several good stocks that pay a dividend of 10% or greater each year. 

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Teekay Tankers--ticker TNK pays around 10% in quarterly payments.

American Capital--AGNC pays a 21% dividend, and it is a REIT.

Annaly Capital Management--NLY pays around 15%.  This is a mortgage company REIT.

MarkWest Energy--MWE pays 10% as a natural gas pipeline company.

Linn Energy--LINE also pays 10%, and it is a pipeline company, too.

The wonderful thing about these companies is that the dividends are fairly secure.  We are always going to need more oil and natural gas.  The tankers and pipeline companies get paid for transporting no matter what the underlying price is.  Then, on Annaly and American Capital, as long as interest rates are low, they will be able to make money on mortgages.