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

The mining giant has tripled investors' money in just 10 years.

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Key points
  • The IGO share price has rocketed 208% since February 2013 to trade at $14.64 today
  • Meanwhile, the mining giant has paid relatively consistent dividends 
  • A long-term investor has likely received 61.5 cents of dividend income per IGO share they've held for the last 10 years

The IGO Ltd (ASX: IGO) share price has had a ripper decade, surging 208% since February 2013. But how much has the mining giant returned if we also factor in its dividends?

If one were to have bought $1,000 of IGO shares 10 years ago, they probably would have ended up with 210 shares, paying $4.75 apiece.

The value of that parcel has exploded over the years. The IGO share price currently trades at $14.64, leaving a 210-strong-parcel with a value of $3,074.40.

For comparison, the S&P/ASX 200 Index (ASX: XJO) has risen around 51% in that time.

But how much have those invested in the ASX 200 mining share received in dividends? Let's take a look.

A mature aged man with grey hair and glasses holds a fan of Australian hundred dollar bills up against his mouth and looks skywards with his eyes as though he is thinking what he might do with the cash.

Image source: Getty Images

All the dividends offered by IGO shares since 2013

Here are all the dividends offered by IGO since early 2013:

IGO dividends' pay dateTypeDividend amount
September 2022Final5 cents
March 2022Interim5 cents
September 2021Final10 cents
September 2020Final5 cents
February 2020Interim6 cents
September 2019Final8 cents
March 2019Interim2 cents
September 2018Final2 cents
March 2018Interim1 cent
September 2017Final1 cent
March 2017Interim1 cent
September 2016Final2 cents
October 2015Final2.5 cents
March 2015Interim6 cents
September 2014Final5 cents
March 2014Interim3 cents
September 2013Final1 cent
March 2013Interim1 cent
Total: 66.5 cents

As the chart above shows, those invested in IGO stock have likely received 66.5 cents of passive income per share they've held over the decade just been.

That means our figurative $1,000 investment has probably yielded $129.15 of dividend income – a minuscule amount compared to the capital gains on the table in that time.

Though, it is enough to boost our imaginary investor's total return on investment (ROI) to around 221%, before considering any tax benefits potentially brought about by franking credits.

Still, it's likely little surprise that IGO shares aren't typically heralded for their dividends. The stock currently offers a mere 0.68% dividend yield.

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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