Monthly dividend stocks baby. Most income investors don’t even realize they exist! Out of the few thousand stocks that trade publicly, only a few dozen pay monthly dividends. These hidden gems tend to have market caps in the hundreds of millions rather than billions. Their relative obscurity is perfect for us. We’ll take them over their blue-chip quarterly cousins. Quarterly dividends are pay days we prefer not to wait for. Plus, the payouts typically disappoint. Let’s consider the distributions from a $500,000 portfolio split evenly among a group of five mega-cap dividend payers. These are uber-popular, widely held blue chips that you’ll see near the top of most major large-cap funds.… Read more