Enercare, Inc. CSUWF

Lowering div is death of a stock.

[prested]

In my experience companies that lower or eliminate dividends never recover. Investors are very unforgiving. I am sure management is aware of that and, as so wisely stated by others here, there would be no reason to do it. 
  Rumors like this are usually spread by the ignorant or the devious. It is a scare tactic commonly used by short sellers. 
  This company has to be one of the safest on TSE. Current SP is probably due to fears of rising rates, but for Canadians who get the div tax credit the yiled here is better than most at the present price and IMO this is a great time to increase ones position. GLTAL