You have a good point since you are a "dividend Investor" it makes sense to sell when the dividend is cut. I say stick with your game plan. Everyone has a different reason for investing be it dividends, long term expectations of investment growth or short term speculation. Me, I like good dividends and feel something is wrong when a company has to cut it, makes me nervous too. Time to re-research the company & make a decision based on any new info discovered.
Iowa also has Iowa Telecom (IWA) a great stock which has weathered the storm well. As of the end of Sept it was priced @ $18. and was yielding an 8.67% quarterly dividend. Check it out, it has been good to me.
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