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2 ASX 200 shares that keep growing their dividends


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. ....

David Gonski , Hamish Douglass , Scott Phillips , Guzmany Gomez , Washingtonh Soul Pattinson , Magellan Financial Group Ltd , Milton Corporation Limited , Verdant Minerals , Tuas Ltd , Brickworks Limited , Hope Corporation Limited , Bki Investment Co Ltd , Australian Pharmaceutical Industries Ltd , Telecom Ltd , Financial Group Ltd , New Hope Corporation Limited , Soul Patts , Motley Fool Share Advisor , ஹமிஷ் டக்ளஸ் , ஸ்காட் பிலிப்ஸ் , மேஜெல்யாந் நிதி குழு லிமிடெட் , மில்டன் நிறுவனம் வரையறுக்கப்பட்டவை , வெர்டன்ட் தாதுக்கள் , செங்கல் வேலைகள் வரையறுக்கப்பட்டவை , நம்பிக்கை நிறுவனம் வரையறுக்கப்பட்டவை , பக்கி முதலீடு இணை லிமிடெட் ,