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?

| More on:
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

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

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.

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

A young female investor sits in her home office looking at her ipad and smiling as she sees the QBE share price rising
Dividend Investing

3 ASX dividend stocks that brokers rate as buys

Should income investors be buying these stocks this week?

Read more »

Man holding Australian dollar notes, symbolising dividends.
Dividend Investing

Looking for passive income? These 2 ASX All Ords shares trade ex-dividend next week!

With ex-dividend dates fast approaching, passive income investors will need to act soon.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
Dividend Investing

Buy these ASX dividend shares for their 4% to 6.6% dividend yields

Analysts are tipping big yields from these buy-rated stocks.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
ETFs

Here's the current ASX dividend yield on the Vanguard Australian Shares ETF (VAS)

How much passive income can one expect from this popular index fund?

Read more »

A man in a suit smiles at the yellow piggy bank he holds in his hand.
Dividend Investing

NAB stock: Should you buy the 4.7% yield?

Do analysts think this banking giant is a buy for income investors?

Read more »

Person handing out $100 notes, symbolising ex-dividend date.
Dividend Investing

The smartest ASX dividend shares to buy with $500 right now

Analysts have put buy ratings on these shares for a reason.

Read more »

Woman calculating dividends on calculator and working on a laptop.
Dividend Investing

1 ASX dividend stock down 17% to buy right now

Analysts see a lot of value and big dividend yields in this beaten down stock.

Read more »

Excited woman holding out $100 notes, symbolising dividends.
Dividend Investing

3 high-yield ASX 300 dividend stocks to buy for your income portfolio

Analysts expect big dividend yields from these buy-rated shares.

Read more »