"...what proof..." start with a history of LOWER dividends...
Next watch how SPO come out when ARR is at or above $7
And read how ARR Management fees come from the money they manage at a rate of one half of a percent.
ARR manages MORE money after each SPO....resulting in HIGHER FEES. And ARR dividend is TRENDING DOWN from 40 cent a quarter to NOW 7 cent a month. DIVIDEND CUT IN HALF and ARR Management FEES are what NOT CUT IN HALF!