Did you invest $5,000 in Evolution Mining shares in 2018? If so, here's how much dividend income you've earned

The ASX 200 gold mining stock has returned 37% in five years, considering both capital gains and dividends.

| More on:
Gold bars and Australian dollar notes.

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 Evolution Mining share price has risen 21.5% since this time five years ago
  • Meanwhile, the gold stock has been a consistent provider of dividends
  • Each Evolution Mining share has provided 47.5 cents of dividends since May 2018

Evolution Mining Ltd (ASX: EVN) shares have performed steadily over the last five years. The gold miner's stock has risen 21.5% since May 2018.

An investor sinking $5,000 into the stock back then likely would have snapped up 1,607 shares, paying $3.11 apiece.

Today, that holding would be worth $6,074.46. The Evolution Mining share price last traded at $3.78.

For comparison, the S&P/ASX 200 Index (ASX: XJO) has gained 19.2% over that time.

In the meantime, the gold miner has been a regular provider of dividends. Let's dive into the dividend income realised by shareholders over the last five years.

All dividends paid to those holding Evolution Mining shares since 2018

Here are all the dividends offered to those invested in Evolution Mining shares over the last five years:

Evolution dividend pay dateTypeDividend amount
August 2022Final3 cents
March 2022Interim3 cents
September 2021Final5 cents
March 2021Interim7 cents
September 2020Final9 cents
March 2020Interim7 cents
September 2019Final6 cents
March 2019Interim3.5 cents
September 2018Final4 cents
Total: 47.5 cents

As the chart above shows, each Evolution Mining share has yielded 47.5 cents in dividend income since May 2018. That means our figurative investment has brought in $763.32 over its life.

Considering both share price gains and dividend income, the stock has likely provided a total return on investment (ROI) of around 37%.

And that's before factoring in any possible tax benefits brought about by franking credits or potential compounding returns if one were to have reinvested their dividends.

Evolution shareholders also have their next payment to look forward to. The ASX 200 miner will send out its 2-cent per share, fully franked interim dividend next month.

Right now, Evolution Mining shares offer a 1.32% 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.

More on Dividend Investing

a large pile of cash made up of bundled $100 notes is piled against a plain background.
Dividend Investing

Investors can target $1,240 a year in dividend income from $20,000 in this ultra-high-yielding ASX 200 gem – here's how

This business can provide significant passive income.

Read more »

A businessman compares the growth trajectory of property versus shares.
Growth Shares

2 ASX giants to buy for decades of growth and dividends

Income or growth? Why not have both!

Read more »

a man in a shirt and tie holds his chin in thoughtful contemplation and looks skywards as if thinking about something while a graphic of a road with many ups and downs unfurls behind him.
Dividend Investing

Down 8%, this passive income stock offers a 4.6% dividend yield!

Despite a stagnant share price, this stock's payouts have never been higher.

Read more »

Man putting in a coin in a coin jar with piles of coins next to it.
Dividend Investing

Dividend investing opportunities emerging as quality ASX stocks reset

A pullback in quality ASX shares may be the opening dividend investors have been waiting for.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

Analysts expect 4% to 6% dividend yields from these ASX stocks

Good yields are expected from these names in the near term.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Dividend Investing

3 ASX dividend shares to buy with $5,000

Analysts think these shares could be top picks for income investors.

Read more »

A young bank customer wearing a yellow jumper smiles as she checks her bank balance on her phone.
Dividend Investing

Forget Westpac shares and buy these ASX dividend stocks

Analysts think these shares would be better buys for income investors.

Read more »

A smiling woman holds a Facebook like sign above her head.
Dividend Investing

Bell Potter names the best ASX dividend shares to buy in December

These are high conviction picks according to the broker.

Read more »