Dividend Cuts - the worst nightmare for dividend investors

Read the full article at: http://www.dividendgrowthinvestor.com/2009/01/dividend-cuts-worst-nightmare-for.html
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Some fellow investors argue that a dividend cut might not necessarily be a bad event, since management shows proactive steps in order to conserve cash until the company situation turns better. While I realize that these are some valid concerns, I disagree with them for several reasons.

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