A lot of half-truths about the dividend. Fact is last quarter HE earned .31 and paid a dividend of .31 but you don't see that posted here. Sure earnings should be covering more of it, but cash flow has generally supported paying the dividend even when they didn't earn it.
There are a couple of people posting (probably the same person) who have an issue with the management - probably lost their job there - who should not be relied on for objective views on this company or the stock.
> cash flow has generally supported paying the dividend
hey, here's a 10min little thing you should try before making your next bet. look up free cash flow (FCF) on google, and then click on the cash flow tab in yahoo for HE, and see if you can find even one quarter where FCF covers the dividend. hint: FCF is operational cash flow minus capital expenditures.
> a couple of people posting ... who should not be relied on for objective views