1. it's a cut. could have declared a week ago and avoided some pain.
2. Fed still meeting today. so they weren't waiting for that.
3. EX date is well after OP-EX. but they could have made it any date they wanted, any time they wanted to.
4. Tuesday. HMMMMM.
wherever SP ends up, we seem to have some certainty about the dividend going forward. a couple of quarters, anyway. unless the Fed delivers their statement carved into marble(either way), be wary around earnings times.
this afternoon, just before the close, seems like a good time to climb back in.