James Dyson’s manufacturing group paid a £750mn dividend to Weybourne Holdings Pte in 2025, more than triple the previous year’s payout and nearly double its £381mn net profit. The payout reverses declining trends since 2022 despite a 7% revenue drop to £6.1bn and a 14% profit decline, hit by £440mn in US tariff impacts. Dyson also declared an additional $70mn dividend to Weybourne Holdings in February 2026.
The company moved its HQ to Singapore in 2019, citing proximity to Asian markets, not tax reasons, though Singapore’s 17% corporate tax rate contrasts with the UK’s 25% main rate. Dyson benefited from a £49mn government tax incentive in 2025. His family office, Weybourne Holdings, has diversified into agriculture, property, and renewables, with Dyson Farm Holdings owning ~36,000 UK acres.
Directors include Tan Su Shan of DBS and Koh Boon Hwee of the Singapore exchange. Dyson, worth $14.9bn per Forbes, remains a Brexit supporter. No comment was issued on the dividend.
Source: Financial Times Companies · Summarized by HeadlinesBriefing