Looking for a strong dividend paying stock that will benefit from the Fed's historically low interest rate program? With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery.

Capstead Mortgage, (CMO), a mortgage REIT from our High Dividend Stocks by Sector tables, (they're in our Financials table), now yielding 17.79%, has the highest dividend yield in the Mortgage Investment sub-industry. CMO invests in residential Adjustable Rate Mortgages issued and backed by U.S. government agencies, Fannie Mae, Freddie Mac, and Ginnie Mae.