It's been a good year for those invested in Coronado Global Resources Inc (ASX: CRN). The coal miner has defied expectations this year – its shares have gained 59% since their first close of 2022, it was admitted to the S&P/ASX 200 Index (ASX: XJO), and it resumed paying dividends with a bang.
In fact, a $5,000 investment in Coronado Global Resources on the final session of 2021 would have paid out more than $2,400 of passive income in 2022.
Let's take a closer look at the coal share that turned into a dividend machine this year.
The ASX 200 share that gave over 110% in 2022
If you bought shares in Coronado Global Resources in late 2021, you've likely realised some major returns in 2022.
The stock hit a low of $1.24 on 31 December 2021. At that point in time, a $5,000 investment would have bought 4,032 shares in the coal miner.
Today, the coal miner is part of the ASX 200 and its share price is trading at $2.05. That means the same parcel of shares would be worth $8,265.60 today – 65% more than when they finished 2021.
And that's before one considers the dividends paid out by the stock in that time. Here's a breakdown of the payouts Coronado Global Resources offered shareholders in 2022:
| Coronado Global Resources' 2022 dividends | Month paid | Value (AUD) |
| Ordinary dividend | April | 12.19 cents |
| Special dividend | June | 8.25 cents |
| Special dividend | June | 8.35 cents |
| Ordinary dividend | September | 10.86 cents |
| Special dividend | December | 20.2 cents |
| Total | 59.75 cents |
As the above chart shows, each Coronado Global Resources share brought an Aussie investor nearly 60 cents of passive income in 2022.
That means our figurative $5,000 investment paid out a total of around $2,409.12 in dividends over that time.
Combining that with the ASX 200 coal miner's share price gains, a $5,000 investment would have returned around $5,675 last year – marking a 113.5% return in just 12 months.
And that's despite the broader market's suffering. The ASX 200 has fallen 6% so far this year.
All that is to say, market watchers needn't lose all hope in tough times. There's nearly always a nugget of gold (or, in this case, coal) to be found on the market. Though, past performance isn't indicative of future performance.
