These ASX 200 dividend shares are about to dish out $40bn to shareholders

After an all-round great FY21, these ASX 200 giants are about to pay record dividends to investors.

| More on:
A man dressed in grey suit blowing confetti out of his hands towards the camera looking happy.

Image source: Getty Images

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

Shareholders of some of the biggest ASX 200 companies are about to get their slice of a record $40 billion payout pie as dividend season hits the ASX.

According to AMP Capital's head of investment strategy and economics, Dr Shane Oliver, the profits of listed companies collectively increased by almost 50% in the financial year 2021.

Three in every four ASX companies reported increased profits.

Miners and banks were among the major winners for FY21. In turn, many ASX 200 banks and miners will hand much of their extra income to shareholders, as will some other top-performing ASX 200 dividend shares.

In fact, Dr Oliver said ASX companies will pay out a combined $40 billion worth of dividends as a result of FY21 earnings – a new record for the ASX. Additionally, more than $20 billion has been put towards buybacks, adding value to shareholders' portfolios.

So, if you're a shareholder of these companies, you're likely in for a good payout soon.

These ASX 200 dividend shares raised their payouts in FY21

These ASX 200 shares boosted their FY21 dividends.

Commonwealth Bank of Australia (ASX: CBA)

CBA's final dividend for FY21 is fully franked at $2. That's $1.02 more than that of FY20 and sees CBA's full-year dividends reach $3.50 per share.

Additionally, the bank is conducting a $6 billion share buyback, taking 3.5% of its shares off the market.

CBA shareholders will receive their dividend deposits on 29 September.

CSL Limited (ASX: CSL)

CSL boosted its FY21 dividends by 10% compared to FY20. Its final dividend is US$1.18 per share, bringing its total FY21 dividends up to US$2.22 per share.

CSL's dividend payment date is set for 30 September.

Fortescue Metals Group Ltd (ASX: FMG)

This ASX 200 share elected to pay out a massive 80% of its FY21 net profit after tax to shareholders, with a fully franked final dividend worth $2.11 per share. That means the miner is giving out a total of $3.58 per share in FY21 – 103% more than it did in FY20.  

Fortescue's dividend payment date is 30 September.

Wesfarmers Ltd (ASX: WES)

Wesfarmers' fully franked final dividend for FY21 came to 90 cents per share. This brought its full-year dividends to $1.78, which is 17% more than it gave its shareholders in FY20 (discounting FY20's special dividend).

The conglomerate will pay its final dividend on 7 October.

BHP Group Ltd (ASX: BHP)

BHP saw its profits increase 88% for FY21. As a result, it is handing its shareholders a fully franked final dividend worth $2.71 per share. That brings its full-year dividend to approximately $3.70 per share.

As The Motley Fool Australia reported last month, BHP paid a full-year dividend of $1.75 per share in FY20.

BHP's dividend payments date is 21 September.

The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended CSL Ltd. The Motley Fool Australia owns shares of and has recommended Wesfarmers Limited. 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

A mature-aged couple high-five each other as they celebrate a financial win and early retirement
Dividend Investing

5 top ASX dividend shares to buy right now

Analysts think income investors should be loading up on these shares.

Read more »

Two adults and a child look happy as they walk through airport with child sitting on suitcase.
Dividend Investing

Will Qantas shares pay a dividend in 2024?

Will the dividends return this year? Let's find out.

Read more »

A woman sits at her computer with her chin resting on her hand as she contemplates her next potential investment.
Dividend Investing

2 market-leading ASX dividend stocks to buy in April

Analysts have put buy ratings on these market-leaders.

Read more »

Father in the ocean with his daughters, symbolising passive income.
Dividend Investing

I'd spend $8k on these ASX 200 shares today to target a $6,102 annual passive income

I believe these ASX 200 shares will continue rewarding passive income investors for years to come.

Read more »

Man holding Australian dollar notes, symbolising dividends.
ETFs

Want the latest dividend from the Vanguard Australia Shares ETF (VAS)? Here's what you have to do

If you want to bag the latest VAS dividend, here's what you need to do.

Read more »

A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
Dividend Investing

Investing for passive income? Keep any eye out for that boosted Telstra dividend today!

If you own Telstra shares, keep an eye out for that juicy dividend payout today.

Read more »

A happy construction worker or miner holds a fistfull of Australian money, indicating a dividends windfall
Dividend Investing

Invest $12,000 in Woodside stock and get $5,700 in passive income

Reliable dividend shares are everywhere on the ASX. Here's how you could use that to your advantage.

Read more »

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

3 ASX 300 dividend shares to buy in April

These shares have been named as buys by brokers and tipped to offer very attractive yields.

Read more »