3 ASX 200 shares that hiked their dividends by more than 100% this year

Their profits have been soaring in 2022 and they're passing on a huge chunk to shareholders.

| More on:
excited young female in business attire and wearing glasses is holding up $100 notes in both hands.

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

It's been a rough year for the S&P/ASX 200 Index (ASX: XJO) so far. It's currently 5.8% lower than it was at the start of 2022. But things haven't been so bad for these ASX 200 dividend shares.

They appear to have been thriving, even posting whopping dividend increases.

So, without further ado, here are three stocks that have grown their payouts by more than 100% this year.

3 ASX 200 dividend shares upping payouts in 2022

ASX 200 mining shares are often the talk of the town, and Gold Road Resources Ltd (ASX: GOR) caught investor attention in August when it revealed a dividend worth double that of the prior comparable period.

The gold miner paid investors a fully franked 1 cent per share interim dividend for the first six months of 2022 – up from a 0.5-cent offering for the same period of 2021.

Joining in on the action is ASX 200 crop protection and seed technology company Nufarm Ltd (ASX: NUF). It's blown its 2021 payouts out of the water this year.

The stock offered investors a final dividend worth 6 cents per share last week. Add that to the 4-cent per share interim dividend declared back in May, and the company has offered 10 cents per share this year.

Nufarm forewent an interim dividend in 2021 and posted a 4-cent final dividend. That means its payouts have grown a whopping 150% in 2022.

Finally, ASX 200 coal share Coronado Global Resources Inc (ASX: CRN) has upped its dividends by a whopping amount this year.

It has so far declared two ordinary dividends ­– worth a combined 23 cents – and three special dividends with an approximate total value of 36.6 cents.

Interestingly, there were no dividends from the coal miner over the course of 2021. They were suspended due to market conditions in late 2020.

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.

More on Dividend Investing

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

Looking for passive income? These 2 ASX All Ords shares trade ex-dividend next week!

With ex-dividend dates fast approaching, passive income investors will need to act soon.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
Dividend Investing

Buy these ASX dividend shares for their 4% to 6.6% dividend yields

Analysts are tipping big yields from these buy-rated stocks.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
ETFs

Here's the current ASX dividend yield on the Vanguard Australian Shares ETF (VAS)

How much passive income can one expect from this popular index fund?

Read more »

A man in a suit smiles at the yellow piggy bank he holds in his hand.
Dividend Investing

NAB stock: Should you buy the 4.7% yield?

Do analysts think this banking giant is a buy for income investors?

Read more »

Person handing out $100 notes, symbolising ex-dividend date.
Dividend Investing

The smartest ASX dividend shares to buy with $500 right now

Analysts have put buy ratings on these shares for a reason.

Read more »

Woman calculating dividends on calculator and working on a laptop.
Dividend Investing

1 ASX dividend stock down 17% to buy right now

Analysts see a lot of value and big dividend yields in this beaten down stock.

Read more »

Excited woman holding out $100 notes, symbolising dividends.
Dividend Investing

3 high-yield ASX 300 dividend stocks to buy for your income portfolio

Analysts expect big dividend yields from these buy-rated shares.

Read more »

A golfer celebrates a good shot at the tee, indicating success.
Dividend Investing

These ASX dividend winners keep giving investors a pay rise

These stocks have built an impressive consecutive dividend growth streak.

Read more »