If you stocked up on $5,000 of CBA shares 5 years ago, here's how much dividend income you've made

It's been a ripper five years for CBA investors…

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Key points

  • The CBA share price has rocketed 46% since February 2018 to trade at $111.15 today
  • In the meantime, the bank has paid out $18.95 per share in dividends
  • That means stock in the banking giant has returned a total of more than 70% over the last five years

The Commonwealth Bank of Australia (ASX: CBA) share price has put on a stellar performance over the last five years.

It's gained 45.8% in that time. Meanwhile, the S&P/ASX 200 Index (ASX: XJO) has lifted just 29%.

Today, CBA shares trade for $111.15 each – mere cents off their all-time high of $111.43 hit on Friday.

Glancing to the past, however, an investor could have bought 65 CBA shares for $5,000 in February 2018, paying $76.25 apiece and walking away with nearly $44 in change.

Created with Highcharts 11.4.3Commonwealth Bank Of Australia PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.com.au

That holding would now be worth $7,224.75. But what about the big four bank's dividends?

Let's consider the total return those invested in the ASX 200 bank share have likely seen over the last five years.

All the dividends CBA shares have offered since 2018

Here are all the dividends on offer from CBA shares over the last half-decade:

CBA dividends' pay dateTypeDividend amount
September 2022Final$2.10
March 2022Interim$1.75
September 2021Final$2
March 2021Interim$1.50
September 2020Final98 cents
March 2020Interim$2
September 2019Final$2.31
March 2019Interim$2
September 2018Final$2.31
March 2018Interim$2
Total: $18.95

As the chart above shows, CBA shares have each yielded $18.95 in passive income since early 2018.

That means a 65-share-strong parcel probably would have handed an investor $1,231.75 in dividends over that time – bumping the potential return on investment (ROI) to a notable 70.6%.

And that's before we consider the compounding benefits those dividends may have brought had they been reinvested, perhaps through the bank's dividend reinvestment plan (DRP).

Not to mention, the franking credits attached to each of the bank's offerings during that time. Certainly, they may have brought some shareholders extra benefits come tax time.

Right now, CBA shares trade with a 3.46% 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.

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