Irish arm of Analog Devices pays out $1.5bn dividend as turnover soars

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The main Irish arm of Analog Devices, the global tech company, paid out dividends of nearly $1.5 billion last year. ​The firm reported $6.2 billion in turnover and $373 million in after-tax profits, documents show.

The main Irish arm of Analog Devices, the global technology company, paid out dividends of nearly $1.5 billion last year.

Accounts filed by Analog Devices International, which is headquartered in Limerick, show turnover at the business reached $6.2 billion in 2021 – a 30 per cent increase on the figure of $4.8 billion posted by the firm the previous year.

 

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