
JCB pays bumper £75m dividend to Bamford owners
JCB has paid a bumper £75m dividend after the diggers and dumper trucks company controlled by the Bamford family achieved record financial results. The pay-out for 2018 by the UK-based manufacturer was shown in filings to Companies House by the group’s main holding entity JCB Service and compares with a £60m dividend in 2017. JCB Service is owned by a Dutch parent company which is ultimately controlled by “Bamford family interests”. Lord Anthony Bamford, whose father founded JCB in Staffordshire in the 1940s, is chairman of the company and a prominent supporter of Britain’s departure from the European Union. He is a backer of the ruling Conservatives, though the filings showed that JCB Service’s political donations to the party dropped by one-third to £1m in 2018. Mr Bam...