Invested $6,000 in CSL shares 5 years ago? Here's how much dividend income you've earned

Could the ASX 200 biotech have doubled investors' money in a few short years?

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Key points

  • The CSL share price has gained 89% over the last five years to trade at $302.18 today
  • Meanwhile, the company has paid out consistent dividends
  • Indeed, each CSL share has yielded $14.61 of passive income in that time

Did you invest in CSL Limited (ASX: CSL) shares five years ago? If so, you're likely pretty happy with your decision. The biotechnology giant's stock has roared 89% higher in that time.

An investor buying $6,000 worth of CSL shares in April 2018 likely would have walked away with 37 stocks ­– paying $159.88 apiece – and approximately $85 change.

Today, those 37 shares would be worth a total of $11,180.66. The CSL share price last traded at $302.18.

For comparison, the S&P/ASX 200 Index (ASX: XJO) has lifted just 25% in that time.

Meanwhile, the healthcare staple has been paying out consistent dividends. Let's take a look at how much passive income the figurative holding might have yielded over its life.

All dividends paid to those holding CSL shares since 2018

Here are all the dividends paid to those invested in CSL stock over the last five years, rounded to the nearest cent:

CSL dividends' pay dateTypeDividend amount
April 2023Interim$1.62
October 2022Final$1.76
April 2022Interim$1.42
September 2021Final$1.59
April 2021Interim$1.35
October 2020Final$1.47
April 2020Interim$1.47
October 2019Final$1.45
April 2019Interim$1.20
October 2018Final$1.28
Total:$14.61

As readers can see, each CSL share has yielded $14.61 in dividends over the last five years.

That means our figurative parcel has likely provided $540.57 of passive income over its lifetime – bringing our total return on investment (ROI) to an impressive 98%.

And that's before considering the compounding returns that could have been realised if one had reinvested their dividends.

Not to mention, some of the ASX 200 biotech's dividends in that time were partially franked. Thus, they may have brought additional benefits come tax time.

Right now, CSL shares offer a 1.1% 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 positions in and has recommended CSL. 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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