Hey Dude,

Who the hell is the PH.D, around here anyway? If the sp goes up the current dividend percentage will obviously go down. However the dividend can be raised if these dudes make big bucks from the electricity thingie or go down if they lose their collective asses. Now tell me why the actual monetary value of the dividend cannot remain the same even if the sp goes up? Say what? Do the math dude, do the math. $83.00 is still $83.00 whether the stock price sucks at $6.50 or brings great joy at $11.00. What concerns me is to see just how many divey paying entities have been forced to cut dividends when business goes south. If this is not the case then why do these guys need to confirm the dividend each and every month, huh?

You, dear Portee are dreaming in cinematic technicolour if you think that the dividend is sacred. In my experience most dividends are actually rather profane. I have been playing in this sand box for 50 years so I think that from time to time I know of what I speak.

Peace out brother

Doc