Good point, I would like to hear more on this notion from others. With historical volatility, slow growth and disappearance of capital gain from this fund in recent years, its main customers, the retirees, seem very trapped and deceived. FKINX, please wake up and show some intigrity!
Doesn't it depend on why they are reducing the dividend and what they are using the savings for? If it's a result of a decrease in income, or conversely, an increase in expenses, (i.e. increased management fees) Then no, it won't. Certainly is complicated. IMHO. Anyway, every .001 reduction costs me $30.00 a month.