5 ASX 200 shares that boosted their dividends this earnings season

These five popular ASX 200 blue chip shares just gave investors a dividend pay rise.

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ASX earnings (and dividend) season is gently rolling towards its inevitable conclusion now that we've entered March.

We still have some ASX 200 stragglers that still have to report their latest earnings, but we've now heard from most of the big dogs on the Australian share market.

That means we've also got a good idea of the ASX dividends that many of these shares will be paying out over the coming month or two.

So today, let's discuss five ASX 200 shares that offered a significant boost for their shareholders when it come to dividends this earnings season.

5 ASX 200 shares that upped their dividends this earnings season

Commonwealth Bank of Australia (ASX: CBA)

First up is one of the most anticipated dividend payers on the ASX in CBA. The bank is one of the most widely held stocks in the country. As such, its dividend announcements are usually a setpiece — and mood-setter — of earnings season.

This February, CBA announced that its interim dividend for 2024 would be worth $2.15 per share, fully franked of course. That represented a rather mild 2.38% rise over last year's interim dividend of $2.10 per share.

But a rise is a rise, so here CBA is. As of Friday's close, this ASX bank had a trailing dividend yield of 3.88%.

Wesfarmers Ltd (ASX: WES)

Next up, we have another popular ASX 200 blue-chip in Wesfarmers. The Bunnings, Kmart and OfficeWorks owner also had some good news in store for shareholders last month.

Wesfarmers revealed an interim dividend of 91 cents per share for investors fully franked. That's a 3.41% rise over the interim dividend of 88 cents per share shareholders bagged in 2023.

Wesfarmers currently offers a dividend yield of 2.92%.

Telstra Group Ltd (ASX: TLS)

Telstra is yet another income favourite for ASX dividend investors. The telco didn't fail to reward this reputation last month, declaring that its interim dividend for this year would be worth a fully-franked 9 cents per share.

That's a 5.88% hike from the 8.5 cents investors received this time last year.

Telstra stock last traded on a dividend yield of 4.59%.

Transurban Group (ASX: TCL)

Toll road operator Transurban was another delight for ASX dividend investors this earnings season. The company paid out its interim dividend of 30 cents per share (unfranked as usual).

That was a significant 13.2% increase over the 26.5 cents investors bagged in February 2023.

As of Friday's closing share price, Transurban was commanding a dividend yield of 4.56%.

WiseTech Global Ltd (ASX: WTC)

Finally, let's discuss ASX tech stock Wisetech Global. Wisetech has established an enviable streak of dividend pay rises over the past few years, which we discussed last month.

The company's latest earnings contained the revelation that Wisetech's next interim dividend would be worth 7.7 cents per share, fully franked.

That's a whopping 17% rise over the 6.6 cents per share investors banked last year. Even so, Wisetech's recent share price gains mean the company offers a relatively small dividend yield of just 0.17% at last pricing.

Motley Fool contributor Sebastian Bowen has positions in Telstra Group and Wesfarmers. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group, Wesfarmers, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Telstra Group, Wesfarmers, and WiseTech Global. 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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