I can see an argument if youโre using the income. It also allows you to reinvest earlier than otherwise but Iโd question whether this would make much difference in the long run.
However, I worry some are focusing on frequency at the expense of other more important factors. For example, Iโd much rather a stock that pays out semi-annually over a monthly one, if it has a higher yield, less debt, better cover and a record of growing income โ yet I often see people doing the opposite.