The Suncorp Group Ltd (ASX: SUN) share price has lifted nearly 11% over the last 10 years.
An investor buying $1,000 worth of the company's stock in February 2013 likely would have walked away with 86 shares, paying $11.54 apiece.
Today, that parcel would be worth $1,100.80. The Suncorp share price closed Thursday's session at $12.80.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has lifted 47% in that time.
So, have the dividends on offer from the financial services conglomerate made up for its stock's sluggish performance? Let's take a look.
All the dividends offered by Suncorp shares since 2013
Here are all the dividends paid to those invested in Suncorp shares over the last 10 years:
Suncorp dividends' pay date | Type | Dividend amount |
September 2022 | Final | 17 cents |
April 2022 | Interim | 23 cents |
September 2021 | Final and special | 40 cents and 8 cents |
April 2021 | Interim | 26 cents |
October 2020 | Final | 10 cents |
March 2020 | Interim | 26 cents |
September 2019 | Final | 44 cents |
May 2019 | Special | 8 cents |
April 2019 | Interim | 26 cents |
September 2018 | Final and special | 40 cents and 8 cents |
April 2018 | Interim | 33 cents |
September 2017 | Final | 40 cents |
April 2017 | Interim | 33 cents |
September 2016 | Final | 38 cents |
April 2016 | Interim | 30 cents |
September 2015 | Final and special | 38 cents and 12 cents |
April 2015 | Interim | 38 cents |
October 2014 | Final and special | 40 cents and 30 cents |
April 2014 | Interim | 35 cents |
October 2013 | Final and special | 30 cents and 20 cents |
April 2013 | Interim | 25 cents |
Total: | $7.18 |
As the chart above shows, Suncorp has paid $7.18 of dividends per share since February 2013.
That means our figurative parcel has likely yielded $617.48 of passive income in that time, bringing our return on investment (ROI) to 73%.
And that's before considering the potential tax benefits the company's fully franked dividends could have brought, or the further gains compounding those dividends could have brought.
Right now, Suncorp shares are trading with a 3.1% dividend yield.
And eager passive income investors won't have to wait much longer to receive another payout.
Suncorp declared a 33 cent per share interim dividend last week. That will be paid late next month.