These ASX 200 dividend shares increased their payouts this earnings season

These Aussie companies boosted their payouts after strong earnings

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

There were a number of S&P/ASX 200 Index (ASX: XJO) companies on watch in the August earnings season. While growth shares generally reported strong results, investors had their eye on the ASX 200 dividend shares as well.

Here are a few of the big names that increased their payouts to shareholders in the last month or so.

A happy construction worker or miner holds a fistful of Australian dollar notes.

Image source: Getty Images

ASX 200 dividend shares that increased payouts

1. WiseTech Global Ltd (ASX: WTC)

WiseTech Global Ltd (ASX: WTC) has long been known as a "WAAAX" growth share. However, the Aussie tech group boosted its dividend by a whopping 141% increase in its full-year dividend.

WiseTech reported a 63% jump in earnings before interest, tax, depreciation and amortisation (EBITDA) to $206 million. The group announced a 3.85 cents per share dividend, up 141% on its FY20 final dividend and more than the 3.30 cents per share payout for the entirety of FY20.

The payout surge sent the ASX 200 dividend share soaring in August as investors processed the surprise result.

2. CSL Limited (ASX: CSL)

CSL Limited (ASX: CSL) also increased its payout to shareholders after the Aussie biotech's strong FY21 result.

CSL reported a 10% jump in constant-currency net profit to US$2.375 billion and bumped its dividend as a result.

The group's final dividend of US$1.18 per share translated to a full-year dividend of US$2.22 per share – up 10% on FY20's payout.

The news didn't stop the ASX 200 dividend share from sliding lower on its results day before ultimately climbing 6% higher in August.

3. Wesfarmers Ltd (ASX: WES)

Wesfarmers Ltd (ASX: WES) was yet another ASX 200 dividend share to boost its dividend in the latest earnings season.

The Aussie retail conglomerate reported a 16.2% jump in net profit to $2,421 million for FY21. The group announced a 90 cent per share ordinary dividend to bring its full-year dividend up to 178 cents – a 17.1% increase on the FY20 payout.

That doesn't include the $2 per share proposed return of capital as Wesfarmers looks to give back some spare cash to its investors.

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended CSL Ltd. and WiseTech Global. The Motley Fool Australia owns shares of and has recommended Wesfarmers Limited and WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Dividend Investing

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

Down 40%: These high-yield ASX dividend shares are rated as buys

Brokers expect these buy-rated shares to offer 6% to 11% dividend yields.

Read more »

A young bearded man wearing a white t-shirt with a yellow backdrop holds up his arms to his chest and points to the camera in celebration of ASX shares rising today
Dividend Investing

1 ASX dividend stock up 20% that I'd hold through any market

I think this classic defensive ASX dividend company is a no-brainer buy and long-term hold.

Read more »

excited young female in business attire and wearing glasses is holding up $100 notes in both hands.
Dividend Investing

5 ASX dividend shares I'd buy for a second income

From property to supermarkets, these ASX dividend shares offer different ways to build income over time.

Read more »

a graph indicating escalating results
Dividend Investing

Has your ASX dividend stock increased its payout 28 years in a row?

This business has been incredibly consistent with dividend growth.

Read more »

Man holding fifty Australian Dollar banknotes in his hands, symbolising dividends.
Dividend Investing

Get paid huge amounts of cash to own these ASX dividend shares!

These businesses have a lot to offer income seekers!

Read more »

A woman wearing a yellow shirt smiles as she checks her phone.
Share Market News

1 ASX dividend stock down 18% — I'd buy right now

I'd buy this ASX dividend stock at any stage of the economic cycle.

Read more »

Man holding fifty Australian Dollar banknotes in his hands, symbolising dividends.
Dividend Investing

These 3 ASX dividend shares yield 5% (or more) with monthly payouts

These are my top picks for a monthly passive income.

Read more »

Smiling woman with her head and arm on a desk holding $100 notes, symbolising dividends.
Dividend Investing

I'd buy 22,166 shares of this ASX stock to aim for $50 a week of passive income

This business is providing investors with consistent and pleasing dividends.

Read more »