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

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.

The post 3 ASX 200 shares that hiked their dividends by more than 100% this year appeared first on The Motley Fool Australia.

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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.

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