James Dyson’s namesake vacuum-maker is boosting its annual dividends to the billionaire’s family holding company, reversing a recent trend of declining payouts for Britain’s richest person.
Dyson Holdings committed to dividends of £225 million ($303 million) this year to Singapore-based Weybourne Holdings, according to registry filings released this week. It previously paid a £200 million dividend for 2024, its lowest total in at least seven years, according to data compiled by Bloomberg.
James Dyson
Photographer: Katie Jones/WWD/Getty Images
A representative for Dyson – who has a net worth of about $16.7 billion, according to the Bloomberg Billionaires Index — declined to comment.
Dyson, ...