Annaly Capital Management believes it can maintain its current dividend level this year. Annaly Capital Management (NLY 0.25%) pays a whopping dividend. At its current payment rate, its forward dividend yield is approaching 13%. That's nearly 10 times higher than the S&P 500's dividend yield of slightly more than 1.3% over the past 12 months. The biggest question surrounding the mortgage REIT's dividend is how long it can sustain its payout. While Annaly's earnings suggest its dividend is at risk of another ...