should cut dividendListen I do not own nhc but if I did I would actually want them to cut the dividend. Why should they maintain a 25% yield, way above any market expectation, when they cannot even keep it up with a 112% payout ratio? For the health of the company they should cut it back by 30% or so. They need to accumulate some cash in order to eventually expand or make acquisitions so the company can grow. Besides having a yield this high does not attract new investors - they just assume there must be something wrong with the company. I will consider buying this after they cut the dividend (they obviously have to, so why keep denying it?), since it is a solid business which actually has earnings (a rarity in tsx listed stocks these days).