I’ve only had as short as monthly with i3 energy, but i didn’t have enough of them to make much of a difference.
Quarterly is my bag. I have 2 at the end of a quarterly cycle and 2 at the beginning. DEC and NESF at the end which pay out before my two at the beginning of the next cycle which are SONGS and FSFL.
While i’m still just building up the two at the beginning the plan is to but into them depending on their yield at the time and of course any news going around. If the winds are right they will pay out before DEC or NESF and then i rinse and repeat.
It’s also helping keep some discipline to keep my dividend and dividend top up money completely seperate from the money i’m throwing into my bottomless stocks. And while it’s building i’m seeing a shift in my habits, psychologically when my non div stocks go down i get sad, but when my div stocks go down below my average then it’s go time.
Also quarterly stocks seem to be holding up quite well in recent times, not sure if that’s the sectors i’m looking at or if investors are more likely to keep them rather than cash out once the ex date has passed.