Did you buy $1,000 of Bank of Queensland shares 10 years ago? Here's how much dividend income you've made

The Bank of Queensland Ltd (ASX: BOQ) share price has struggled to keep up with the S&P/ASX 200 Index (ASX: XJO) over the last decade.

$1,000 likely would have bought 123 Bank of Queensland shares in January 2013. Then, the bank's stock was trading at around $8.10.

Today, the Bank of Queensland share price is around 14% lower at $6.93, leaving our figurative parcel valued at just $852.39.

For comparison, the ASX 200 has gained nearly 55% over the last decade.

But have the dividends on offer from Bank of Queensland made up for its share price's sluggishness? Let's take a look.

All the dividends offered by Bank of Queensland shares since 2013

Here are all the payments the Queensland-based bank has offered shareholders over the last 10 years:

As the chart above shows, those invested in the bank's shares have likely received $6.04 per stock in dividends since early 2013.

That means our figurative parcel probably yielded $742.92 – enough to boost its returns back into the green. 

Considering both share price movements and dividends, the stock boasts a 10-year return on investment (ROI) of 60%.

And that's before considering any additional benefits investors may have received from franking credits. All the bank's offerings during that time were fully franked.

Bank of Queensland shares currently offer a notable 6.6% dividend yield.