If you bought Mineral Resources Ltd (ASX: MIN) shares in January 2013, you're likely pretty happy with your investment.
The ASX mining stock has been a sure-fire winner in that time, leaping around 841%.Indeed, an investor who bought $1,000 of Mineral Resources shares 10 years ago likely walked away with 99 stocks, paying $10.01 apiece.
Today, the share is trading at $94.20 – leaving the figurative parcel with a value of $9,325.80.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has gained around 54% in that time.
But how much have shareholders received when we also factor in the materials giant's dividends? Let's take a look.
All dividends offered by Mineral Resources shares since 2013
Let's take a look at all the dividends offered by the ASX 200 mining giant over the last 10 years:
MinRes dividends' pay date | Type | Dividend amount |
September 2022 | Final | $1 |
August 2021 | Final | $1.75 |
February 2021 | Interim | $1 |
August 2020 | Final | 77 cents |
March 2020 | Interim | 23 cents |
September 2019 | Final | 31 cents |
March 2019 | Interim | 13 cents |
September 2018 | Final | 40 cents |
February 2018 | Interim | 25 cents |
August 2017 | Final | 33 cents |
February 2017 | Interim | 21 cents |
September 2016 | Final | 21 cents |
February 2016 | Interim | 8.5 cents |
September 2015 | Final | 15 cents |
March 2015 | Interim | 7.5 cents |
September 2014 | Final | 32 cents |
March 2014 | Interim | 30 cents |
September 2013 | Final | 32 cents |
March 2013 | Interim | 16 cents |
Total: | $8 |
Each Mineral Resources share has paid out $8 of dividends over the last decade. That means our 99-share-strong parcel has likely yielded $792 of passive income in that time.
That sees our figurative total return on investment (ROI), including both dividends and share price increases, soaring to a whopping 921%.
Just imagine the gains an investor might have realised had they reinvested their dividends in the company's stock, thereby compounding their earnings.
Not to mention, all Mineral Resources' dividends in that time have been fully franked. Thus, they might have provided even more benefits come tax time.
Right now, shares in Mineral Resources boast a modest 1.06% dividend yield.