NEW YORK ( TheStreet) -- American Capital Agency ( AGNC), China Nepstar Chain Drugstore ( NPD), Main Street Capital ( MAIN), Hercules Technology Growth Capital ( HTGC), Ares Capital ( ARCC), EV Energy Partners ( EVEP), PennantPark Investment ( PNNT), UIL Holdings Corporation ( UIL), Lorillard ( LO) and United Parcel Service ( UPS) have high dividends in the range of 2.6%-19.5%.

The selected companies come from diverse industries like financials, energy, utility, logistics and consumer goods. These companies churned sizable dividend rates in recent times, paying a higher proportion of their retained earnings as dividends. The selected group's earnings could average 15%-20% for 2011.

Most dividend income investors demand a dividend yield of 2%-3%, similar to the dividend yield of S&P 500. These 10 stocks have a dividend yield of 9%, topping the index average. The stocks considered here have an average upside potential of at least 7%, according to analysts' estimates.

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