The last 10 years have been a rollercoaster for Magellan Financial Group Ltd (ASX: MFG) shares.
They rocketed more than 800% over seven years to peak in February 2020, trading at over $70 apiece. Since then, however, the stock has crumbled, falling 88% to $8.56 at Tuesday's close.
If one were to have invested $1,000 in Magellan shares in early March 2013, they likely would have walked away with 133 securities, paying $7.50 apiece.
Today, that parcel would be worth $1,138.48. That marks a 14% gain over the last 10 years.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has risen around 43% in that time.
But what about the regular dividends offered by the embattled financial giant?
All dividends offered by Magellan shares over the last 10 years
Here are all the dividends offered by Magellan since March 2013:
Magellan dividends' pay date | Type | Dividend amount |
September 2022 | Final | 68.9 cents |
March 2022 | Interim | $1.101 |
September 2021 | Final | $1.141 |
February 2021 | Interim | 97.1 cents |
August 2020 | Final | $1.22 |
February 2020 | Interim | 92.9 cents |
August 2019 | Final | $1.114 |
February 2019 | Interim | 73.8 cents |
August 2018 | Final | 90 cents |
February 2018 | Interim | 44.5 cents |
August 2017 | Final | 47.2 cents |
March 2017 | Interim | 38.4 cents |
August 2016 | Final | 38 cents |
March 2016 | Interim | 51.3 cents |
August 2015 | Final | 37.8 cents |
March 2015 | Interim | 37.1 cents |
September 2014 | Final | 21.8 cents |
March 2014 | Interim | 16.5 cents |
October 2013 | Final | 16.5 cents |
Total: | $12.294 |
As the above chart shows, each Magellan share has provided around $12.29 of dividends over the last 10 years.
That means our figurative investment has likely paid out around $1,635.10 of passive income over its life – more than the initial investment!
At that rate, the total return on investment (ROI) boasted by Magellan shares over the last 10 years is around 178%. Though, past performance isn't an indication of future performance.
And that's before we consider any potential tax benefits offered from the company's regularly franked payouts.
The ASX 200 stock is currently trading with a 20.9% trailing dividend yield. Though, that's largely due to the 46% tumble experienced by the Magellan share price over the last 12 months.
Additionally, the company declared its next dividend last month. It will be worth 46.9 cents per share and is set to be paid next Wednesday.