DonSuper

Why Are Companies Hesitant to Cut Dividends?

I think you are right, it doesnt make any sense to try to keep a dividend when the company has to issue debt at high cost to fund it. That is bad management, but there are companies that have acted responsibly and reduced or cut the dividend until conditions improve.

In my opinion, other countries have better policies than US companies, where they usually pay a % of earnings (e.g. 50%). I think that is a lot smarter.