The Globe and Mail reports in its Saturday, Nov. 22, edition that the case for investing in Northland Power used to rest on its stable and rising dividend, driven by long-term contracts tied to the company's expansive renewable energy assets. The Globe's David Berman writes that new leadership, however, is appealing to investors to stick with the sinking stock as the company pivots from the certainty of steady quarterly payouts to a nebulous future of ambitious global growth aspirations. Is this a pivot worth betting on? Current investors, shocked by events over the past week, may need some convincing. Northland slashed its quarterly payout by 40 per cent on Nov. 13 -- a move the market did not see coming. The share price fell 27 per cent on the news. It has since slumped even lower as some investors wonder why the company failed to provide advance warning about the dividend. Others wonder why Northland could not satisfy its financial requirements by issuing more shares when its stock was rallying earlier this year. By preserving cash, it can maintain its investment-grade credit rating and have more capital to pursue opportunities as demand for electricity soars and governments bolster domestic energy security.