R&H Hall, Ireland’s largest grain trader and animal feed importer, paid a cash dividend of €10m to its joint shareholders, Origin Enterprises and W&R Barnett, last year.

Accounts filed for R&H Hall show the company made the dividend payment after it reported pre-tax profits of just under €8.7m for its financial year to the end of July 2019. The company had built up accumulated profits on its balance sheet of more than €31m, which allowed it to make the significant dividend payout.