GXP has been dropping for months but seems to have bounced back to around $20 after the recent unpleasantness.
I think I read that they have recently filed rate cases in both Kansas & Missouri.
They have cost overruns at iatan (surprize!) that need funding.

Now, If GXP and the state commissions decide to fund the overruns through debt, would they look to cut the dividend to say $1 (5% at a $20 stock price) thus raising("keeping") cash and raising the debt rating to keep the borrowing costs down....
or
if they decide to fund through equity, keep the dividend constant to support the stock at $20 with an 8% dividend?

Am I even on track here?