For most businesses, the financial hit would have proved fatal. However, the Musgrave group is not most businesses. So, when the Cork retail giant extracted itself from a disastrous foray in the British market five years at the cost of €160 million, it merely dusted itself down and moved on. Indeed, its balance sheet was so robust that it continued to pay sizable dividends to its owners. That trend has continued. Last year, the disparate collection of family members than hold shares in the business received combined dividends of €18.4 million. The dividends were paid quarterly, according to new filings…

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