I liked your post, El Paso did not pay much of a dividend but since they cut it I have asked myself repeatedly if it's prudent to just sell now and go to cash.

My cost basis is low. Not a significant holding for me, the company seems a perpetual laggard. I wish I had bailed when it was near 20 bucks, ah hindsight.

The dividend at least made the holding worth something, without the income it's just a marginal hold at best.