Finding ASX shares that can offer both share price and dividend growth over a long period of time could be called the 'Holy Grail' of investing. Some investors invest purely for capital growth. Others are only in it for dividend income. But having both can be described as having your cake and eating it too. What more could one want?
But, unfortunately, these things are only obvious with the benefit of hindsight. But that's not the end of the world. As we sometimes say here at the Fool, winners can keep on winning.
So here are 3 ASX shares that have given investors a healthy mixture of both over the past few years.
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JB Hi-Fi Limited (ASX: JBH)
JB Hi-Fi has been one of the best ASX retail shares to have owned over the past 5 years. For one, the share price of this electronics and entertainment retailer has risen from under $22 back in July of 2017 to the $47.67 we see so far today. That's more than a doubling. But what's more is that JB Hi-Fi has also managed to jack up its dividends very quickly as well. This company paid out $1 in dividends per share in 2016. But 2021 saw the company dole out a total of $2.87 in fully franked dividends per share. On today's pricing, that gives JB Hi-Fi a trailing yield of just over 6%.
Super Retail Group Ltd (ASX: SUL)
Another all-rounder, next up is Super Retail Group. This company is the name behind popular retail chains like Rebel Sport, Super Cheap Auto and BCF. Super Retail Group shares have been a decent performer over the past few years. They are now up more than 80% since the start of 2019. But this company has also delivered very healthy dividends to its investors. 2019 saw it pay out 50 cents per share in fully franked dividends. But last year saw investors receive 88 cents per share in dividends. That's a long way from 2019's levels, and even further from the 41.5 cents per share it doled out in 2016. On current pricing, Super Retail Group's 2021 dividends give its shares a trailing yield of 7.3%
Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)
Soul Patts, as this company is more easily known as, is our final share to check out today. For starters, this company has the best dividend record on the ASX. Soul Patts has given its investors an annual dividend increase every single year since 2000. That 21-year streak and counting is unmatched by any other ASX share. Soul Patts is an investing conglomerate of sorts. It owns large chunks of other ASX companies, the most prominent of which include Brickworks Limited (ASX: BKW), TPG Telecom Ltd (ASX: TPG) and New Hope Corporation Limited (ASX: NHC).
But this company has been on a very pleasing share price run too. Even after falling more than 30% from its most recent all-time high of $40.80 over the past 5 or so months, Soul Patts remains up a healthy 71.5% over the past 5 years. On current pricing, it offers a fully franked dividend yield of 2.27%.
