These days, I’m hearing from a lot of investors interested in monthly dividend stocks.
It’s easy to see why: monthly dividends line up nicely with our bills, something that’s very helpful in a crisis like this one. And if you’re reinvesting your payouts, monthly payers give your returns an extra lift in the long run because you can put your dividend cash to work faster.
There’s only one problem with these stocks: they’re few and far between.
Monthly Payers a Fraction of the Market
Source: CEF Insider
As you can see above, if we limit ourselves to monthly payers, we’re literally shutting out almost all of the market.… Read more