The IGO Ltd (ASX: IGO) share price has had a ripper decade, surging 208% since February 2013. But how much has the mining giant returned if we also factor in its dividends?
If one were to have bought $1,000 of IGO shares 10 years ago, they probably would have ended up with 210 shares, paying $4.75 apiece.
The value of that parcel has exploded over the years. The IGO share price currently trades at $14.64, leaving a 210-strong-parcel with a value of $3,074.40.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has risen around 51% in that time.
But how much have those invested in the ASX 200 mining share received in dividends? Let's take a look.
All the dividends offered by IGO shares since 2013
Here are all the dividends offered by IGO since early 2013:
| IGO dividends' pay date | Type | Dividend amount |
| September 2022 | Final | 5 cents |
| March 2022 | Interim | 5 cents |
| September 2021 | Final | 10 cents |
| September 2020 | Final | 5 cents |
| February 2020 | Interim | 6 cents |
| September 2019 | Final | 8 cents |
| March 2019 | Interim | 2 cents |
| September 2018 | Final | 2 cents |
| March 2018 | Interim | 1 cent |
| September 2017 | Final | 1 cent |
| March 2017 | Interim | 1 cent |
| September 2016 | Final | 2 cents |
| October 2015 | Final | 2.5 cents |
| March 2015 | Interim | 6 cents |
| September 2014 | Final | 5 cents |
| March 2014 | Interim | 3 cents |
| September 2013 | Final | 1 cent |
| March 2013 | Interim | 1 cent |
| Total: | 66.5 cents |
As the chart above shows, those invested in IGO stock have likely received 66.5 cents of passive income per share they've held over the decade just been.
That means our figurative $1,000 investment has probably yielded $129.15 of dividend income – a minuscule amount compared to the capital gains on the table in that time.
Though, it is enough to boost our imaginary investor's total return on investment (ROI) to around 221%, before considering any tax benefits potentially brought about by franking credits.
Still, it's likely little surprise that IGO shares aren't typically heralded for their dividends. The stock currently offers a mere 0.68% dividend yield.
