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.