Fear is high that a Frontier dividend cut is coming. It's price is down, it's yield (12.4%) seems unsustainably high, and short-interest is among the highest in the S&P 500. However, to a large extent, Frontier does have the ability to control its cash flows and sustain its dividend in the near- and mid-term. The real challenge is that Frontier’s business exists in an anemically eroding marketplace. This article highlights a smarter way for income-investors to invest in Frontier.