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Weston family doubles dividend

The Weston family, which owns Primark and Selfridges, has doubled its dividend pay-out for 2018 to £151m.

The Sunday Times reported that Wittington Investments, the family’s British operation, paid itself £92m last year and £59m this January, compared with £84m in 2017.

Most of the dividends went to charitable trust the Garfield Weston Foundation. The remainder was shared among the family.

Alannah Weston was promoted from deputy chair of Selfridges to chair of the group earlier this month, replacing her father, Galen Weston.

The family’s retail portfolio also includes Fortnum & Mason, Arnotts and Brown Thomas.

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