Dyson increases payout to £750m despite tariff hit
Dyson increases payout to £750m despite tariff hit
James TitcombFri, October 2, 2026 at 3:01 PM UTC
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Sir James Dyson’s business paid out £750m in 2025 - Isabel Infantes/PA
Dyson has paid out £750m to its billionaire founder’s holding company despite the engineering giant recording a fall in profits from Donald Trump’s tariffs.
Accounts for Weybourne Holdings, the Singapore-based parent company owned by the Dyson family, revealed a significant increase in dividends last year.
Sir James Dyson’s business paid out £750m in 2025, up from £200m the previous year and the most generous payout since 2022.
It came despite the company facing a sales hit from tariffs and weak consumer confidence.
Dyson revealed in March that sales fell from £6.57bn to £6.13bn last year. Accounts published in Singapore this week also revealed that pre-tax profits had dropped from £561m to £511m.
It said that sales had taken a £440m hit from US tariffs, but that operating profits had grown in spite of the hit.
Dyson cut hundreds of jobs last year, including around a third of its employees in the UK.
Weybourne, which is owned by the Dyson family and manages investments including Sir James’s farming initiatives and various investments. It owns 100pc of Dyson, best known for its vacuum cleaners and hair dryers.
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Dyson has cut its payouts to Weybourne in recent years, from a record £1.2bn in 2022 to £700m and then £200m in 2023 and 2024 respectively.
A spokesman said: “The new US tariffs were a very substantial cost to Dyson in 2025. Without them, our 2025 profits before tax would have been higher than 2024.
“Even so, our Ebitda (earnings before interest, tax, depreciation and amortisation) grew 18pc and our operating profit 15pc, which reflects a strong year with the most ever products launched.”
This year, Dyson been facing teething issues over the launch of its £420 CameraJet toothbrush, with the company saying some models were malfunctioning due to water leaks, resulting in the device going out of stock.
It says the production problems have since been resolved.
Sir James is Britain’s 13th-richest person, according to the Sunday Times rich list, with a net worth of £12bn.
Dyson moved its registered corporate headquarters from Britain to Singapore in 2019 with Sir James moving his residency back to Britain in 2021.
His farming group is one of Britain’s biggest by land ownership and has invested hundreds of millions in new technology.
The majority of Dyson’s production takes place in south-east Asia including Malaysia, Singapore and the Philippines.
Source: “AOL Money”
