Monthly Dividend Payers

Frequency and timing of dividends is obviously a factor when considering an investment.  Why?  Frequency of compounding is why. 
$10,000 invested at 4% compounded annually over 5 years is $12,166.52
$10,000 invested at 4% compounded semi-annually over 5 yrs is $12,189.94
$10,000 invested at 4% compounded quarterly over 5 years is $12,201.90
$10,000 invested at 4% compounded monthly over 5 years is $12,209.96

Maybe it matters, maybe it doesn't, but for some their rent is due monthly, not quarterly.  So here is a list of 20+ monthly dividend payers to consider for your portfolio.  Yields as of 02/22/2013

Templeton Global Bond-TGBAX  5.90%  Yield 
Doubleline Total Return-DLTNX  5.83%  Yield
TCW Emerging Market Bond-TGINX 5.08% Yield
DWS Interm Tax/AMT Free-SCMTX  2.80% Yield
Pimco Investment Grade Corp Bond-PIGIX  4.64%  Yield
Franklin Income A-FKINX  6.00% Yield
Vanguard GNMA-VFIIX  2.63% Yield
Loomis Sayles Bond Retail-LSBRX 5.45% Yield
Blackrock GNMA-BGPAX 3.37% Yield
Lord Abbett Short Duration-LDLFX  4.01% Yield
Northern High Yield Muni-NHYMX 4.36% Yield
Pimco Real Return Instl-PRRIX  2.67% Yield
First Eagle High Yield-FEHIX  6.10% Yield
DWS Massachusetts Tax Free-SCAMX  3.81% Yield
Victory Income Fund-GGIFX  4.67% Yield
Legg Mason Global Opportunities-GOBIX  3.10% Yield
Vanguard Long Term Treasury-VUSTX 2.84% Yield
Gabelli Utilities-GABUX 4.39% Yield
IShares Investment Grade Corp Bond-LQD 3.87% Yield
Vanguard Intermediate Term Bond ETF-BIV  3.10% Yield
SPDR Barclays High Yield Bond-JNK 6.72% Yield
IShares S&P US. Preferred Stock-PFF 5.95% Yield
Cohen & Steers Select Preferred Stock-PSF 7.35% Yield
LTC Properties-LTC 4.71% Yield
Pengrowth Energy-PGH 13.94% Yield
Atlantic Power Corporation-AT 11.12% Yield
Realty Income Corporation-O 4.09% Yield