(01-08-2022, 11:10 AM)cemanuel Wrote: I have a big payer each month of the cycle.I think my initial plan is going to be $5K cash slush and take a brokerage payment quarterly. If that doesn't work almost all the time I probably miscalculated the budget and I'll adjust. That said when I get bored I'll probably grab a higher yielder that pays on an off month. I probably get 75% of my divs in four months. Every quarter of course.
1/4//7/10 - MO
2/5/8/11 - ABBV (traditionally my largest paying cycle)
3/6/9/12 - LYB
Helps smooth some of the variability out but as you say, quarterly seems the better way to manage it.
Quarterly draw just seems easier though as almost all my stocks pay quarterly and the monthly don't matter as it's smooth.