Realty Income is a reliable payer, but it does not pay much dividends. Similar consideration may apply to Main as well. I keep asking myself whether Iโm doing the right thing focusing so much on such a small inflow of dividends, missing out on opportunities to accumulate money and increase my overall investment at a much faster pace.
Not familiar with PFLT, added to the list of BDC to check out.
Meanwhile, after realising once again that money does not grow on trees, Iโve decided to slow down and let the dividends flow in before buying more high income stocks. Iโll keep the cash to average down long positions (if and when needed).
Only exception has been doubling up my TPVG position. Not a monthly payer, but one of those hard to ignore high yield BDCโs . Amen.
I took the harsh desicision to get rid of most of all my US REIT holdings, as their relative low dividend yield combined with the 15% US div tax make them less attractive than many alternative monthly and quarterly payers. Especially BDCs.
This is with some decent gains to make up for the loss of a few months dividends, while the new positions are being built.