Interest rates are never going to rise. I bought some Alaska Communications stock (ALSK) yesterday (8.73% dividend right now) and United Online (UNTD), who owns FTD among others, with a 7.38% dividend. I have been collecting these various high yield stocks, being careful not to buy more than 1000 or 2000 shares in each, and not to be overly concentrated in any market sector or region. And amazingly enough, in spite of the disastrous day the stock market had today, ALSK was unchanged at $2.29/share, and UNTD actually rose to $5.46/share.
I may have to unload my Ruger and S&W stock if it looks like Romney is going to easily win. These stocks are a good capital gain, but do not pay dividends.