It is almost certain that more and more companies will cut or suspend dividend payments over the coming months, as a direct reaction to the economic implications of COVID-19. We have already seen more than a hundred make announcements to that effect in the past few weeks, from across industry sectors. Prices of FTSE 100 dividend futures contracts suggest the market currently believes approximately 60% of the UK market’s dividends to be at risk in 2020 and 2021.