The Woodside Energy Group Ltd (ASX: WDS) share price had a ripper 2022. Looking further back, however, the stock has underperformed over the last 10 years.
If an investor were to have bought $1,000 worth of the oil and gas giant's stock in January 2013, they likely would have walked away with 29 shares and $7 change, paying around $34.23 apiece.
Today, the Woodside share price is trading at $34.61 – just 1.1% higher than it was 10 years ago. Thus, the figurative parcel would currently be valued at $1,003.69.
.For comparison, the S&P/ASX 200 Index (ASX: XJO) is around 50% higher than it was in January 2013.
But could the dividends offered to those invested in Woodside over that time have made up for its share price's sluggishness? Let's take a look.
Image source: Getty Images
How much have Woodside shares paid in dividends in 10 years?
Here are all the dividends offered by Woodside over the last 10 years, rounded to the nearest cent:
| Woodside dividends' pay date | Type | Dividend amount |
| October 2022 | Interim | $1.60 |
| March 2022 | Final | $1.46 |
| September 2021 | Interim | 41 cents |
| March 2021 | Final | 15 cents |
| September 2020 | Interim | 36 cents |
| March 2020 | Final | 83 cents |
| September 2019 | Interim | 53 cents |
| March 2019 | Final | $1.27 |
| September 2018 | Interim | 73 cents |
| March 2018 | Final | 63 cents |
| September 2017 | Interim | 62 cents |
| March 2017 | Final | 65 cents |
| September 2016 | Interim | 45 cents |
| April 2016 | Final | 60 cents |
| September 2015 | Interim | 92 cents |
| March 2015 | Final | $1.84 |
| September 2014 | Interim | $1.19 |
| March 2014 | Final | $1.15 |
| September 2013 | Interim | 93 cents |
| May 2013 | Special | 61 cents |
| April 2013 | Final | 64 cents |
| Total: | $17.57 |
As the chart above shows, Woodside stock has paid out a total of $17.57 per share in dividends over the last 12 years.
That means our imagined parcel would have yielded $509.53 in passive income over its life.
It also means a person who bought $1,000 of Woodside shares for $34.23 apiece in 2013 might have recognised a 52.4% return on investment (ROI), including both share price gains and dividends.
Additionally, all offerings handed out by the ASX 200 company in that time have been fully franked. That means some shareholders might have recognised taxation benefits.
Woodside shares currently offer an 8.8% dividend yield.
