Specsavers founders Dame Mary Perkins and Doug Perkins pocket smaller dividend despite improved trading

 
Alys Key
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Specsavers increased its retail operations (Source: Geograph)

Dame Mary Perkins and her husband and co-founder Doug Perkins took home a smaller dividend payout from Specsavers this year, even as the company they established increased turnover and profits.

The couple, who are in their 70s, pocketed £14.4m for the year ending in February, according to accounts filed on Companies House on Friday.

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This was down from a payout of £17.4m the year before, which was itself a reduction on the previous year.

Meanwhile the business increased sales to £716.5m, up from £673.5m in 2016. Pre-tax profit grew to £32.7m from £28.7m. The directors said this was due to the expansion of the company's retail operations.

The results were filed for Specsavers Optical Superstores Limited, which is the manufacturer, distributor, retailer and wholesaler of Specsavers' products in the UK.

Global group revenue was reported at more than £2.2bn in the company's most recent annual report, released in July.

The Perkinses were estimated to be worth £1.6bn in the most recent Sunday Times Rich List. Both remain involved in the business, with Doug Perkins acting as joint group chief executive.

They have three children who all work for Specsavers, and who are expected to eventually take over the privately owned company. Eldest son John Perkins shares the role of CEO with his father.

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