Let’s talk about monthly dividend payers today because, well, why waste our valuable time with stocks that only pay quarterly? I selected five for our review. We’re talking sixty dividend payments per year from this group. The most generous stock dishes an elite 8.6% annually. (The “laggard” yields a respectable 6.5%.) Why don’t more companies pay monthly? The answer is predictable and disappointing. Wall Street runs on a quarterly system. US-listed companies are required by the SEC to provide quarterly financial updates. So, most management teams pay their dividends quarterly as part of this process. Hence, we salute the suits in shining armor who make the extra effort to pay us every single month .… Read more