3 ASX 200 shares that announced supersized dividends in November

This month has been good to investors in these ASX 200 dividend shares.

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This month has been good to S&P/ASX 200 Index (ASX: XJO) investors, as have these ASX 200 dividend shares.

The index has lifted nearly 6% since the final close of October. Meanwhile, these three stocks each grew their payouts by up to 80% in November.

So, which ASX 200 shares have sent their dividend-focused investors jumping for joy recently? Let's take a look.

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3 ASX 200 shares bolstering their dividends this month

First off the bat was CSR Limited (ASX: CSR). The ASX 200 industrial company released its half-year earnings on 4 November.

Within them, it revealed a 27% jump in after-tax profits, coming in at $110 million, and a 14% increase in revenue, reaching $1.3 billion.

CSR also posted a 16.5 cent interim dividend – marking a 22% year-on-year lift. That's certainly nothing to scoff at.

Next up was GrainCorp Ltd (ASX: GNC). The company is, of course, in the grains business and that business appears to have been going well.

GrainCorp's earnings before interest, tax, depreciation, and amortisation (EBITDA) more than doubled to $703 million last financial year. Its after-tax profit also jumped 174% to $380 million.

Meanwhile, the company declared a 16 cent per share final dividend – an 80% year-on-year increase. That also brought its total annual dividend to 54 cents – a 200% jump on the prior year's 18 cents.

The final share to up its dividends was ASX 200 software giant TechnologyOne Ltd (ASX: TNE). It posted a 10.82 cent final dividend last Tuesday – marking an 8% year-on-year increase.

Not only that, but the tech stock also offered investors a 2-cent special dividend – bringing its total payout a notable 27% higher than that of the corresponding period.

The company also saw its revenue grow 18% to $369 million in financial year 2022 while its after-tax profit lifted 22% to $88.8 million.

TechnologyOne has now declared 17.02 cents of dividends per share in 2022. That's 22% more than 2021's 13.91 cents.  

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 recommended TechnologyOne Limited. 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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