The S&P/ASX 200 Index (ASX: XJO) shares in this article may not be thought of as leading ASX dividend shares.
However, I believe that the companies I'm going to reveal should be counted as dividend beasts. Each of the names below have grown their dividends since 2015.
A growing dividend isn't the only factor that is important when investing in businesses. I also like to see that the company has a good chance of growing earnings into the future, as rising profit can have a positive influence on share prices.
I like owning ASX dividend shares because of how they reward shareholders with a regular payout.
Let's look at three ASX 200 dividend shares with pleasing records.
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Brickworks Limited (ASX: BKW)
Brickworks has grown its dividend each year since 2014. It's quite diversified thanks to its underlying segments.
It is a major shareholder of Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), an investment house spread across a number of sectors including telecommunications, property, financial services, resources, agriculture, and swimming schools. Soul Pattinson itself has paid a steady stream of growing dividends to shareholders.
Brickworks also owns half of a quality industrial property trust which is constructing buildings such as huge warehouses for names like Woolworths Group Ltd (ASX: WOW) and Coles Group Ltd (ASX: COL). The growing net rental profit from Brickworks' property investments can help fund bigger dividends.
It's worth mentioning too that the ASX 200 dividend share hasn't cut its dividend for over four decades.
As the name implies, Brickworks also has brickmaking operations in Australia and the US. It also makes many other building products in Australia such as roofing and masonry.
It has a trailing grossed-up dividend yield of 4.3%.
Bapcor Ltd (ASX: BAP)
Bapcor is a leading auto parts company in the Asia Pacific region, owning numerous businesses like Burson, Autobarn, Autopro, Truckline, Midas, and Battery Town. It also owns a quarter of Tye Soon, an Asian auto parts business.
The ASX 200 dividend share has grown its dividend for shareholders every year since 2015. It is currently benefiting from the strong market conditions for automobiles. More people are using their private vehicles and the strong second-hand market means there is plenty of demand to keep older cars running.
It has plans to grow its store network, improve its efficiencies, grow in Asia, and increase the amount of private brand products it sells. In the recent FY22 result, Bapcor grew its annual dividend by 7.5% to 21.5 cents per share.
The ASX dividend share offers a trailing grossed-up dividend yield of 4.75%.
Collins Foods Ltd (ASX: CKF)
Collins Foods is a large franchisee of KFCs in Australia and Europe. It also has a small, but growing, network of Taco Bells in Australia.
The ASX 200 dividend share has grown its dividend every year since 2014.
It has been benefiting from the long-term trend of its same store sales (SSS) growth as well as an expanding network of KFC outlets. Taco Bell is a very useful growth avenue for the company.
In a recent presentation, the ASX 300 share noted that its operating cash flow is helping capital investment to grow its restaurant chain. Over the past five years, its operating cash flow has gone up 60% and the dividend has gone up 59%.
The company points to "significant expansion opportunities" in Europe. In the Netherlands alone, it's targeting up to 130 net new restaurants over the next decade.
Using the trailing dividends, Collins Foods has a grossed-up dividend yield of 4%.
