Those who have held Woolworths Group Ltd (ASX: WOW) shares over the past decade have likely been pretty chuffed with their investment.
The Woolworths share price has gained 37% over the last 10 years. If an investor bought $1,000 of Woolies stock in December 2012, they likely would have walked away with 40 shares, paying $24.97 apiece.
Today, 40 Woolworths shares would be worth $1,372.40. Stock in the supermarket operator is currently trading at $34.31 per share.
However, the S&P/ASX 200 Index (ASX: XJO) has lifted around 56% over the same period, leaving the Woolworths share priceâs performance in its dust.
But have the supermarket giantâs dividends levelled the playing field? Letâs take a look.
How much have Woolworths shares paid in dividends in 10 years?
Here are all the dividends Woolworths has offered over the decade just been:
Westpac dividendsâ pay date | Type | Dividend amount |
September 2022 | Final | 53 cents |
April 2022 | Interim | 39 cents |
October 2021 | Final | 55 cents |
April 2021 | Interim | 53 cents |
October 2020 | Final | 48 cents |
April 2020 | Interim | 46 cents |
September 2019 | Final | 57 cents |
April 2019 | Interim | 45 cents |
October 2018 | Final | 50 cents |
October 2018 | Special | 10 cents |
April 2018 | Interim | 43 cents |
October 2017 | Final | 50 cents |
April 2017 | Interim | 34 cents |
October 2016 | Final | 33 cents |
April 2016 | Interim | 44 cents |
October 2015 | Final | 72 cents |
April 2015 | Interim | 67 cents |
October 2014 | Final | 72 cents |
April 2014 | Interim | 65 cents |
October 2013 | Final | 71 cents |
April 2013 | Interim | 62 cents |
Total: | $10.69 |
As the above chart shows, Woolworths shares have paid out $10.69 per share in dividends over the last 10 years.
That means someone holding 40 stocks in the ASX 200 supermarket operator likely would have received $427.60 of dividends in that time.
Thus, our figurative $1,000 investment a decade ago has yielded $372.40 in capital gains and $427.60 in passive income â a total of $800. That leaves Woolworths shares boasting an 80% return in that time.
And thatâs before considering franking credits. All Woolies dividends in that time have been fully franked, potentially bringing additional benefits at tax time.
Finally, a savvy investor who reinvested their dividends, potentially through the companyâs dividend investment plan (DRP), likely would have realised an even larger gain through the magic of compounding.
Woolworths shares are currently trading with a 2.68% trailing dividend yield.
The post Bought $1,000 of Woolworths shares 10 years ago? Hereâs how much dividend income youâve received appeared first on The Motley Fool Australia.
Why skyrocketing inflation doesn’t have to be the death of your savings…
Goldman Sachs has revealed investors’ savings don’t have to go up in smoke because of skyrocketing inflation… Because in times of high inflation, dividend stocks can potentially beat the wider market.
The investment bank’s research is based on stocks in the S&P 500 index going as far back as 1940.
This FREE report reveals THREE stocks not only boasting inflation fighting dividends but also have strong potential for massive long term gains…
Yes, Claim my FREE copy!
*Returns as of December 1 2022
(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}
setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()
More reading
- Brokers name 2 ASX dividend shares to buy next week
- Shopping spree: What happened to the Woolworths share price today?
- Brokers name 3 ASX shares to buy today
- 5 things to watch on the ASX 200 on Friday
- 3 ASX shares to buy for a possible recession next year
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.
from The Motley Fool Australia https://ift.tt/JswqDMx