3 ASX 200 shares that announced supersized dividends this week

Guess which ASX 200 stock tripled its full year dividend.

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It's been a big week of earnings and plenty of S&P/ASX 200 Index (ASX: XJO) shares have made the most of the action, with some declaring whopping dividends. One stock even upped its full-year dividends by an enormous 200%.

So, how much can shareholders look forward to receiving and how can market watchers get in on the action?

Here's all you need to know about the ASX 200 dividend shares revealing monster payouts this week.

A person is weighed down by a huge stack of coins, they have received a big dividend payout.

Image source: Getty Images

3 ASX 200 shares upping their dividends this week

There have been earnings from plenty of ASX 200 shares this week, but these three stunned the market with soaring dividends.

First out the gates is agriculture company GrainCorp Ltd (ASX: GNC).

It doubled its earnings before interest, tax, depreciation, and amortisation (EBITDA) year-on-year, coming in at $703 million. On top of that, the company's after-tax profit jumped 174% to $380 million. It likely comes as no surprise then, that the ASX 200 share also upped its dividend significantly.

Astoundingly, its full-year dividends tripled, coming in at 54 cents per share – up from 18 cents per share in financial year 2021.

GrainCorp doesn't trade ex-dividend until 29 November. That means interested market watchers still have time to jump on board and receive the offering.

Next up is Aristocrat Leisure Limited (ASX: ALL).

The ASX 200 staple posted a 20% jump in normalised EBITDA, coming in at $1.85 billion, and a 31% increase in normalised after-tax profits, lifting to $1 billion in financial year 2022.

The company also posted a notably larger full-year dividend, coming in at 52 cents per share. That marks a 27% jump on financial year 2021's 41 cents per share.

Aristocrat Leisure trades ex-dividend on 30 November.

Finally, ASX 200 crop protection and seed technology company Nufarm Ltd (ASX: NUF) more than doubled its full-year dividends this week.

Its underlying EBITDA soared 24% last financial year to $447 million while its profit jumped 65% to $107.4 million.

Meanwhile, the ASX 200 company offered investors 10 cents per share of dividends for the period – up 150% from financial year 2021's 4 cents per share.

The stock will be the first of the three to trade ex-dividend. New investors will miss out on the payout from 24 November.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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