We are now in the full swing of ASX earnings season, and that means we are learning what kind of dividend payments the most prominent ASX 200 blue chip stocks are set to dole out over the coming weeks and months.
Many ASX investors buy dividend shares for the primary goal of receiving dividend payments as income, preferably with those full franking credits attached too. As such, it's an exciting time to be tuned in to the markets.
We are still waiting to hear from many prominent ASX dividend stocks, but many have also already reported. So today, let's go through two famous ASX dividend shares that have just announced a dividend hike for their grateful shareholders.
2 blue chip ASX 200 shares that have just announced dividend hikes
Commonwealth Bank of Australia (ASX: CBA)
Much has been made of the dozens of new all-time highs that this ASX 200 blue chip bank stock has minted over 2025 so far. This has unfortunately pushed CBA's dividend yield to levels not seen in decades, if ever. However, the bank is doing what it can to mitigate this situation.
Back on 13 August, Commonwealth Bank unveiled its latest earnings. These weren't exactly well-received by investors, with a notable exception.
CBA revealed that its next dividend, the final payment for 2025, would come in at $2.60 per share, fully franked. That represents a 4% increase over the $2.50 final dividend that investors received last year. It brought CBA's full-year dividned payments to a total of $4.85, which is also a 4% rise over the $4.65 investors enjoyed last year.
CBA is today trading on a trailing dividend yield of 2.86% (at the time of writing).
Telstra Group Ltd (ASX: TLS)
Next up, we have another ASX 200 blue chip stock and dividend favourite, Telstra.
Telstra revealed its latest full-year earnings one day after CBA on 14 August. As we covered at the time, these earnings were a little more well-received. The telco announced increased profits, more share buybacks, and a dividend hike.
Telstra has been regularly increasing its dividend payouts in recent years, and 2025 has been no different.
The telco announced that its final dividend for the year would be worth 9.5 cents per share, fully franked. That's a 5% increase over the 9 cents investors bagged this time last year.
Together with the interim dividend of 9.5 cents per share, this takes Telstra's 2025 payout to a total of 19 cents per share. Again, that's a 5% rise over the 18 cents per share total Telstra shareholders received in 2024.
At current pricing, Telstra is now trading on a trailing dividend yield of 3.81%.
