Reality
Since the Q2 results this stock has been surprisingly strong compared to other manufacturers who produce things with wheels and engines. Tractor companies, lawn mowers, you name it.
I suspect this Friday afternoon stick of dynamite will leave us blinking for the weekend (think Wile Coyote) until it explodes Monday AM.
I'm sure this 18 cent dividend is important to 3 or 4 people. In these uncertain times I'd rather see the company hold on to its cash. If things get back to "normal" next summer, you can always pay out a special catch-up dividend. But once the cash is out the door, it's gone. Given the corporate window of opportunity here over the next decade, why send money out just now???. I'd rather have $20 or $30 next year or the year after in capital gains rather than 18 cents or whatever in current dividend income.