Searching for dividend paying stocks is a good idea. It’s always great having a stock that will accumulate extra shares for you on it’s own. That is, if you reinvest the dividends back into the stock. Seeing your shares grow fast is a little more fun, than just seeing the same amount of shares month after month.

Some of the companies that pay dividends every month are worth investing in, just for the entertainment purposes. So have a few quick dividend paying stocks in your portfolio, but don’t have too much of your overall portfolio on these stocks. Unless you really believe in the, and even then you shouldn’t have more than 20% of one single stock. Diversifying your portfolio is the best thing you can do. Spread the wealth around, because you never know when the next Enron might happen.