at 53c and paying a 5c divvy its trading on a yield of 9.4% if...

at 53c and paying a 5c divvy its trading on a yield of 9.4%
if it cut the divvy to 4c it would be on a yield of 7.5%
on a divvy of 3c it would be on a yield of 5.66%
on a divvy of 2.5c it would be on a yield of 4.7%
on a divvy of 2c it would be on a yield of 3.77%

as you can see a 5c divvy is better than it being cut in half but even if it did happen its still better than bank interest, and its still trading on a NTA of $1 more than 40% below book value and its a company with a long history, and during the 2008 crash it managed to pay a divvy.