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Haven't done it recently, but years ago, when I was quite underpaid, I did. What helped was that I'd been documenting a lot of what I'd done. So when I talked to my manager I was able to make a decent case for myself, pointing out instances where I'd pulled off something successfully. I got some of what I was asking for, so it was successful. The key is to be ready to make your case, so keeping notes and being able to distill them into something persuasive can matter a lot.
Typically our pay is looked at twice a year, with an end of year raise and bonus. If you feel like you are being underpaid, or overachieving for the level of your position, I'd recommend having discussions with your leader. Most companies today will let you know where you stand in your comp ratio. If you are a high performer and doing more than your peers, that is a discussion you should be having with your leader.