Did you buy $1,000 of Northern Star shares 10 years ago? If so, here's how much dividend income you've earned

How much has this ASX 200 10-year 10-bagger paid in dividends?

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Key points

  • The Northern Star share price has increased 10-fold over the last 10 years to trade at $10.97 at Thursday's close
  • Meanwhile, the stock has been a consistent passive income provider
  • Indeed, it's provided $1.215 of dividends per share over the last decade

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 dateTypeDividend amount
September 2022Final11.5 cents
March 2022Interim10 cents
September 2021Final9.5 cents
March 2021Interim9.5 cents
September 2020Final and special9.5 cents and 10 cents
July 2020Interim7.5 cents
November 2019Final7.5 cents
April 2019Interim6 cents
September 2018Final5 cents
April 2018Interim4.5 cents
September 2017Final6 cents
April 2017Interim3 cents
November 2016Special3 cents
October 2016Final4 cents
April 2016Interim3 cents
October 2015Final3 cents
April 2015Interim2 cents
October 2014Final2.5 cents
April 2014Interim1 cent
September 2013Final2.5 cents
April 2013Interim1 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.

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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