Did you invest $5,000 in Evolution Mining shares in 2018? If so, here’s how much dividend income you’ve earned

Gold bars and Australian dollar notes.Gold bars and Australian dollar notes.

Evolution Mining Ltd (ASX: EVN) shares have performed steadily over the last five years. The gold miner’s stock has risen 21.5% since May 2018.

An investor sinking $5,000 into the stock back then likely would have snapped up 1,607 shares, paying $3.11 apiece.

Today, that holding would be worth $6,074.46. The Evolution Mining share price last traded at $3.78.

For comparison, the S&P/ASX 200 Index (ASX: XJO) has gained 19.2% over that time.

In the meantime, the gold miner has been a regular provider of dividends. Let’s dive into the dividend income realised by shareholders over the last five years.

All dividends paid to those holding Evolution Mining shares since 2018

Here are all the dividends offered to those invested in Evolution Mining shares over the last five years:

Evolution dividend pay date Type Dividend amount
August 2022 Final 3 cents
March 2022 Interim 3 cents
September 2021 Final 5 cents
March 2021 Interim 7 cents
September 2020 Final 9 cents
March 2020 Interim 7 cents
September 2019 Final 6 cents
March 2019 Interim 3.5 cents
September 2018 Final 4 cents
Total:   47.5 cents

As the chart above shows, each Evolution Mining share has yielded 47.5 cents in dividend income since May 2018. That means our figurative investment has brought in $763.32 over its life.

Considering both share price gains and dividend income, the stock has likely provided a total return on investment (ROI) of around 37%.

And that’s before factoring in any possible tax benefits brought about by franking credits or potential compounding returns if one were to have reinvested their dividends.

Evolution shareholders also have their next payment to look forward to. The ASX 200 miner will send out its 2-cent per share, fully franked interim dividend next month.

Right now, Evolution Mining shares offer a 1.32% dividend yield.

The post Did you invest $5,000 in Evolution Mining shares in 2018? If so, here’s how much dividend income you’ve earned appeared first on The Motley Fool Australia.

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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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