No doubt, anyone who invested in Fortescue Metals Group Ltd (ASX: FMG) shares in March 2018 and held onto their stake would be pleased with their purchase.
The iron ore giantâs share price has rocketed nearly 400% since then.
Indeed, a $9,000 investment made exactly five years ago likely would have seen a buyer walk away with 2,078 Fortescue shares, paying $4.33 apiece.
Today, that parcel would be worth a whopping $44,905.58. The Fortescue share price last traded at $21.61.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has risen around 24% in that time.
And all thatâs before we consider the dividends Fortescue has paid. Letâs take a look at how much passive income the materials goliath has provided since March 2018.
All dividends paid to those holding Fortescue shares since 2018
Here are the dividends Fortescue has delivered to investors over the last five years:
| Fortescue dividend pay date | Type | Dividend amount |
| March 2023 | Interim | 75 cents |
| September 2022 | Final | $1.21 |
| March 2022 | Interim | 86 cents |
| September 2021 | Final | $2.11 |
| March 2021 | Interim | $1.47 |
| October 2020 | Final | $1 |
| April 2020 | Interim | 76 cents |
| October 2019 | Final | 24 cents |
| June 2019 | Special | 60 cents |
| March 2019 | Interim and special | 19 cents and 11 cents |
| October 2018 | Final | 12 cents |
| April 2018 | Interim | 11 cents |
| Total: | $9.53 |
Each Fortescue share has yielded a notable $9.53 of passive income over the last five years.
That means our figurative investment has provided a whopping $19,803.34 of dividend income over its life â marking a return on investment (ROI), including dividends and capital appreciation, of 619%.
And investors who reinvested those offerings likely experienced an even better return, thanks to the power of compounding.
Not to mention, all the dividends paid by the ASX 200 company in that time have been fully franked, meaning they might have provided tax benefits.
Right now, Fortescue shares offer a 9.07% dividend yield.
The post Bought $9,000 of Fortescue shares in 2018? Hereâs how much passive income youâve pocketed appeared first on The Motley Fool Australia.
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More reading
- Why did the BHP share price have such a top run today?
- Here are the top 10 ASX 200 shares today
- The latest Fortescue dividend is being paid today. Here’s what you need to know
- 5 things to watch on the ASX 200 on Wednesday
- Fortescue share price lifts on production update
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.
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