What a rollercoaster it has been for the Accent Group Ltd (ASX: AX1) share price over the past five years.
After climbing to a pre-COVID high of $2.20, the shoe retailer's shares hit a multi-year low of 55.5 cents in March 2020.
Nonetheless, challenging trading conditions turned favourable once again following the federal government generous stimulus package.
In the following year, Accent shares rocketed to an all-time high of $3.08 before crashing all the way back down.
While its shares have been turbulent, investors would be up around 64% based on today's price of $1.43. And this doesn't include the consistent dividends that have been paid to shareholders during the past five years.
A brief rundown on the Accent dividend history
Listed below, I've put together Accent's dividends that have been paid out to shareholders since this time in 2017.
- September 2017 – 3 cents (final)
- March 2018 – 3 cents (interim)
- September 2018 – 3.75 cents (final)
- March 2019 – 4.5 cents (interim)
- September 2019 – 3.75 cents (final)
- March 2020 – 5.25 cents (interim)
- September 2020 – 4 cents (final)
- March 2021 – 8 cents (interim)
- September 2021 – 3.25 cents (final)
- March 2022 – 2.5 cents (interim)
When calculating the above, Accent has paid a total of 41 cents in dividends to shareholders over the five years.
Added with the share price gains, investing your money in the company from 2017 would have been worthwhile.
For example, a $10,000 initial investment would have reaped around $12,200 in profit for the 5-year period.
Accent share price summary
Despite accelerating over the long term, Accent shares have lost almost 50% in the past 12 months.
Year-to-date hasn't fared well either, down 40% due to rampant inflation and aggressive interest rates by the Reserve Bank of Australia.
Accent presides over a market capitalisation of approximately $777.9 million and has a dividend yield of 4.32%.
