Passive income your thing? These 3 ASX dividend shares just declared bigger payments

Reporting season gives dividend investors something to celebrate…

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If you’re searching for increased passive income, then it is worth knowing about three ASX dividend shares that increased payments today.

It has been a busy day on the market. Which is no surprise, being in the depths of reporting season. Such a time can be prime for dividend investors to hunt down the latest income-producing investment.

We take a look at three dividend shares that declared an increase to shareholder paydays in their latest FY21 results.

ASX dividend shares that just got better

CSL Limited (ASX: CSL)

In its FY21 result, the board of global biotech CSL announced a bumper dividend. Although looking at the company’s share price today, you probably wouldn’t have thought so. At the time of writing, the CSL share price is down 2.06% to $291.82.

Following a strong year, the board declared a final dividend of US$1.18 per share. Consequently, total dividends for FY21 come to US$2.22 — representing an increase of 10% year-over-year. This gives the biotech share an indicative dividend yield of 1.05%.

The final CSL dividend will have a record date of 3 September 2021 and be paid on 30 September.

Pro Medicus Ltd (ASX: PME)

At the time of writing, the Pro Medicus share price is the best performing in the S&P/ASX 200 Index (ASX: XJO), up 15% to $65.11. This follows the healthcare imaging company reporting a record full-year result for FY21. For reference, revenue increased 19.5% to $67.9 million, while earnings climbed 33.7% to $30.9 million.

Thanks to strong cash generation, the board declared a fully franked final dividend of 8 cents per share. This brings FY21’s dividends to a total of 15 cents per share. While Pro Medicus may not be known as a typical ‘dividend share’, the 25% year-over-year increase in dividend payments stands out.

The final Pro Medicus dividend will have a record date of 10 September 2021 and be paid on 1 October.

Domino’s Pizza Enterprises Ltd (ASX: DMP)

Finally, if you’re feeling a little hungry for dividends, pizza isn’t the only thing being served up at Domino’s Pizza. The $11 billion franchise food retailer announced an increase to its dividends after hitting its FY21 results out of the park today. Investors are responding positively, with shares up 8% to $137.13.

Indeed, sales momentum for that crusty goodness meant the board could declare a final dividend of 85.1 cents per share. As a result, the company’s total FY21 dividends to 173.5 cents per share, up 45.4% year-over-year.

The final Domino’s dividend will have a record date of 25 August 2021 and be paid on 9 September.

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Motley Fool contributor Mitchell Lawler owns shares of Pro Medicus Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended CSL Ltd. and Pro Medicus Ltd. The Motley Fool Australia owns shares of and has recommended Pro Medicus Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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