Waiting For Dividend Cut Could Be PainfulI get why AQN didn't want to announce a dividend cut on Nov. 11 as it might have sent the share price plummeting even further. However, given the stock market as a whole isn't tanking and the yield based on today's closing share price of 10.34 CAD is now apparently over 9% CAD (according to TMX Money anyway), the market is signalling it expects a dividend cut. Problem is, as mentioned by others, the next dividend announcement was made on March 3 last time around, so to wait that long before announcing a cut could leave AQN's share price in limbo (or worse) depending on Canadian and US inflation and interest rate announcements from now til then. Perhaps ripping off the band-aid all at once on November 11 may have allowed the share price to rebound once investors stopped running for the exits and saw that AQN Mgmt / BOD did the right thing given the circumstances. Instead, allowing that money to exit in addition to the uncertainty moving forward could prove to be much more of a burden on the company.