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

An older couple use a calculator to work out what money they have to spend.
Dividend Investing

100,720 shares of this high-yield ASX dividend stock pay income equal to the Age Pension

Generating a full income from dividends sounds appealing, but how much do you actually need?

Read more »

Australian dollar notes in businessman pocket suit, symbolising ex dividend day.
Dividend Investing

2 ASX shares with dividend yields above 7%

Large yields could be very appealing right now.

Read more »

A woman has a thoughtful look on her face as she studies a fan of Australian 20 dollar bills she is holding on one hand while he rest her other hand on her chin in thought.
Dividend Investing

1 ASX dividend stock down 50% I'd buy

This ASX dividend stock has been under pressure. But looking ahead, there are signs the story could be starting to…

Read more »

Man holding out $50 and $100 notes in his hands, symbolising ex dividend.
Share Market News

How much do I need to invest in ASX shares to earn a $500 monthly passive income?

A $500 per month passive income is more achievable than you'd think.

Read more »

Growth of ASX share price represented by tiny beans stalk shooting up into the sky
Dividend Investing

3 ASX dividend shares I'd hold through anything

This trio has scale, resilience, and cash flow to endure market cycles.

Read more »

Two players on a field pump their fists in the air, indicating two of the best
Dividend Investing

Bell Potter names the best ASX dividend shares to buy

The broker has named these shares as best buys this month.

Read more »

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 »