Annaly Capital Management is an extremely popular dividend stock, due to its sky-high 11% dividend yield. However, some companies have even better dividends. We asked our analysts for three dividend stocks they feel are better than Annaly, and why. Here's what they had to say. Matt Frankel: Notice that the title of this article says "better," not "higher" dividend. Just because a dividend is high doesn't mean it's better than any other company's dividend. In fact, the opposite is often true. In Annaly's case, because of the company's highly leveraged nature and the nature of the business model, the ability to pay the dividend is highly dependent on interest rates remaining stable. In other words, the dividend will go up and down over time, and if interest rates spike too much it could disappear entirely. A better dividend can be found with REITs that own actual properties, like Realty Income Corp..