2 ASX 200 shares that keep growing their dividends
Tristan Harrison | February 11, 2021 2:22pm |
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One of the two businesses in this article announced another increase today:
Magellan is one of the biggest funds management businesses in Australia, with Hamish Douglass at the helm of the investing team.
Whilst the performance fees and performance special dividends can be variable, the ordinary dividend of Magellan continues to climb.
In the result for the first half of FY21, Magellan decided to increase the interim dividend by 5% to 97.1 cents per share.
That dividend was declared with the release of its report. The ASX 200 dividend share showed that average funds under management (FUM) went up 9% to $100.9 billion, with management and service fees revenue up 8% to $311.4 million. Profit before tax and performance fees of the funds management business went up 8% to $256.2 million.
2 ASX 200 shares to buy for dividends
Tristan Harrison | February 2, 2021 5:15pm |
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There are some
S&P/ASX 200 Index (ASX: XJO) shares that have built reputations of being good dividend payers to their shareholders.
During the 2020 calendar year there were plenty of dividend cuts from some of the ASX 200’s biggest businesses like
Commonwealth Bank of Australia (ASX: CBA),
National Australia Bank Ltd (ASX: NAB),
Australia and New Zealand Banking Group Ltd (ASX: ANZ),
Sydney Airport Holdings Pty Ltd (ASX: SYD) and
But these two businesses kept the dividend increases coming despite the COVID-19 pandemic impacts.
Brickworks has been listed on the Aussie stock exchange for over 50 years. It started as a major brickmaker, but it’s now the biggest brick businesses in the whole of Australia.
3 high-yielding ASX 200 dividend shares
Tristan Harrison | January 20, 2021 5:15pm |
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Here are three of those examples:
JB Hi-Fi is one of the leading electronics and appliance retailers in Australia and New Zealand.
It has been regularly growing its dividend. In FY20 the final dividend shot 76.5% higher and the annual FY20 dividend went up 33.1% to $1.89 per share.
Based on the current JB Hi-Fi share price it has a grossed-up dividend yield of 5.2%.
The ASX 200 dividend share revealed that it’s going to report more growth in its upcoming FY21 half-year result. The retailer said that its sales went up by 23.7% to $4.94 billion, earnings before interest and tax (EBIT) went up 75.9% to $462.7 million and net profit after tax (NPAT) rose by 86.2% to $317.7 million. Online sales went up 161.7% to $678.8 million, which represented 13.7% of total sales.
4 rock-solid ASX dividend shares to buy for 2021
Tristan Harrison | December 20, 2020 8:15am |
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This article is about four ASX dividend shares that pay consistent payments to investors, even during difficult times:
Rural Funds is a real estate investment trust (REIT) that owns farmland across different agricultural sectors including cattle, almonds, macadamias, vineyards and cropping (sugar and cotton).
The REIT was actually one of the top FY21 picks by broker Bell Potter which liked the high-quality tenants and steadily-growing asset values of the farms.
Those farms are spread across a variety of states and climactic conditions for useful diversification.