If you've owned Northern Star Resources Ltd (ASX: NST) shares for the last 10 years, you've likely been pretty happy with your investment.
The gold miner's stock has leapt a whopping 1,133% in that time. That's right, it's a true 10-bagger.
10 years ago, a $1,000 investment likely would have seen a buyer with 1,123 Northern Star shares.
Today, that parcel would be worth $12,319.31. The Northern Star share price last traded at $10.97.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has jumped around 43% in that time.
What happens when we also factor in all the dividends offered by the now-ASX 200 gold giant over the last 10 years? Let's take a look.
Dividends offered to those invested in Northern Star shares
Here are all the dividends handed to Northern Star investors since March 2013:
Northern Star dividends' pay date | Type | Dividend amount |
September 2022 | Final | 11.5 cents |
March 2022 | Interim | 10 cents |
September 2021 | Final | 9.5 cents |
March 2021 | Interim | 9.5 cents |
September 2020 | Final and special | 9.5 cents and 10 cents |
July 2020 | Interim | 7.5 cents |
November 2019 | Final | 7.5 cents |
April 2019 | Interim | 6 cents |
September 2018 | Final | 5 cents |
April 2018 | Interim | 4.5 cents |
September 2017 | Final | 6 cents |
April 2017 | Interim | 3 cents |
November 2016 | Special | 3 cents |
October 2016 | Final | 4 cents |
April 2016 | Interim | 3 cents |
October 2015 | Final | 3 cents |
April 2015 | Interim | 2 cents |
October 2014 | Final | 2.5 cents |
April 2014 | Interim | 1 cent |
September 2013 | Final | 2.5 cents |
April 2013 | Interim | 1 cent |
Total: | $1.215 |
As readers can see, each Northern Star share has yielded $1.215 of passive income since early 2013.
That means our figurative parcel has likely provided $1,364.45 of dividend income over its life – that's more than the initial investment!
It also leaves the stock boasting a total return on investment (ROI) of around 1,269%. That's certainly nothing to scoff at.
And that's before we consider the franking credits attached to all of those payouts. They might have brought additional benefits for some investors at tax time.
Not to mention, if one were to have reinvested those dividends – perhaps through the company's dividend reinvestment plan (DRP) – they could have realised some major compounding.
Right now, Northern Star shares offer a 1.96% dividend yield.
The company recently declared its next dividend, worth 11 cents to be paid later this month. It will trade ex-dividend on Tuesday.