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

How much has this ASX 200 10-year 10-bagger paid in dividends?

Key points
  • The Northern Star share price has increased 10-fold over the last 10 years to trade at $10.97 at Thursday's close
  • Meanwhile, the stock has been a consistent passive income provider
  • Indeed, it's provided $1.215 of dividends per share over the last decade

If you've owned Northern Star Resources Ltd (ASX: NST) shares for the last 10 years, you've likely been pretty happy with your investment.

The gold miner's stock has leapt a whopping 1,133% in that time. That's right, it's a true 10-bagger.

10 years ago, a $1,000 investment likely would have seen a buyer with 1,123 Northern Star shares.

Today, that parcel would be worth $12,319.31. The Northern Star share price last traded at $10.97.

For comparison, the S&P/ASX 200 Index (ASX: XJO) has jumped around 43% in that time.

What happens when we also factor in all the dividends offered by the now-ASX 200 gold giant over the last 10 years? Let's take a look.

A man in his 30s holds his laptop and operates it with his other hand as he has a look of pleasant surprise on his face as though he is learning something new or finding hidden value in something on the screen.

Image source: Getty Images

Dividends offered to those invested in Northern Star shares

Here are all the dividends handed to Northern Star investors since March 2013:

Northern Star dividends' pay dateTypeDividend amount
September 2022Final11.5 cents
March 2022Interim10 cents
September 2021Final9.5 cents
March 2021Interim9.5 cents
September 2020Final and special9.5 cents and 10 cents
July 2020Interim7.5 cents
November 2019Final7.5 cents
April 2019Interim6 cents
September 2018Final5 cents
April 2018Interim4.5 cents
September 2017Final6 cents
April 2017Interim3 cents
November 2016Special3 cents
October 2016Final4 cents
April 2016Interim3 cents
October 2015Final3 cents
April 2015Interim2 cents
October 2014Final2.5 cents
April 2014Interim1 cent
September 2013Final2.5 cents
April 2013Interim1 cent
Total: $1.215

As readers can see, each Northern Star share has yielded $1.215 of passive income since early 2013.

That means our figurative parcel has likely provided $1,364.45 of dividend income over its life – that's more than the initial investment!

It also leaves the stock boasting a total return on investment (ROI) of around 1,269%. That's certainly nothing to scoff at.

And that's before we consider the franking credits attached to all of those payouts. They might have brought additional benefits for some investors at tax time.

Not to mention, if one were to have reinvested those dividends – perhaps through the company's dividend reinvestment plan (DRP) – they could have realised some major compounding.

Right now, Northern Star shares offer a 1.96% dividend yield.

The company recently declared its next dividend, worth 11 cents to be paid later this month. It will trade ex-dividend on Tuesday.

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.

More on Dividend Investing

Male hands holding Australian dollar banknotes, symbolising dividends.
Dividend Investing

How many BHP shares do I need to buy for $10,000 of passive income?

The mining giant is one of the Australian share market's biggest dividend payers.

Read more »

Man with his hands out as if pondering his options.
Exchange-Traded Funds (ETFs)

Do you own this ASX dividend ETF? Fundie explains why 'we aren't fans'

This ASX ETF aims to maximise income using covered call options.

Read more »

Australian dollar notes in a nest, symbolising a nest egg.
Dividend Investing

2 ASX dividend shares with yields above 7%

These businesses are providing significant passive income.

Read more »

A man closely watches a clock.
Dividend Investing

17 ASX shares going ex-dividend next week

Washington H. Soul Pattinson, Perenti, Civmec, and other ASX shares are set to go ex-dividend.

Read more »

A businessman's hands surround a circular graphic with a United States flag and dollar signs.
Dividend Investing

IVV ETF and other iShares funds are paying dividends today. Here's how much

Aussie investors love the IVV ETF, which tracks the US benchmark S&P 500 Index.

Read more »

Elderly woman typing on a laptop.
Dividend Investing

Wesfarmers vs Coles: Which dividend share is better for retirees?

Wesfarmers and Coles are ASX dividend titans for retirees, but I think one shades the other right now.

Read more »

House models with REIT written on one.
Dividend Investing

3 ASX real estate investment trusts paying a dividend yield of more than 7%

If you're after income, these shares could be worth a look.

Read more »

Small kid giving a thumbs up.
Dividend Investing

$4,000 buys 3,065 shares in an impressively reliable ASX dividend stock

This investment is paying incredibly impressive dividends.

Read more »