The Mineral Resources Ltd (ASX: MIN) share price has spoilt investors over the last five years, gaining at nearly 15 times the rate of the S&P/ASX 200 Index (ASX: XJO).
In fact, a $3,000 investment five years ago likely would have seen one boasting 169 shares in the mining giant, paying $17.69 apiece.
Today, that parcel would be worth a whopping $13,300.30. The Mineral Resources share price last traded at $78.70.
For comparison, the ASX 200 has risen 23% since April 2018.
In the meantime, the mining services provider and producer of iron ore and lithium has been a relatively consistent dividend payer. Let's take a look.
Dividends paid to holders of Mineral Resources shares since 2018
Here are all the dividends paid to those holding Mineral Resources shares since this time five years ago:
Mineral Resources dividends' pay date | Type | Dividend amount |
March 2023 | Interim | $1.20 |
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 |
Total: | $6.79 |
That's right, each Mineral Resources share has yielded $6.79 of dividends since April 2018. That means our figurative parcel has likely provided $1,147.51 of passive income.
At that rate, the total return on investment (ROI), considering both dividends and share price gains, offered by the ASX 200 miner in that time reaches an impressive 383%.
And that's before considering the potential compounding that might have been realised had a shareholder reinvested their dividends, using the cash to buy more stock in the company.
Not to mention, all the company's dividends have come fully franked. Thus, they might have provided additional benefits for some investors at tax time.
Right now, Mineral Resources shares offer a 2.78% dividend yield.