When telecom company cuts dividend abruptly without reasons, the most stock goes down. CTL did it, when the stock was more than 41. CTL lost 7 points or so within few days year ago. My gain was turned in losses in few days. Glad that I sold. Saving in funds in dividend payout did not help the Company as promised. Who held on the stock are also getting clobbered, while the payroll of board , management is going up. Now this question, is this dividend safe? That reminds me another one telecom, who pulled same thing ..ALSK..and few others.