The CSL Limited (ASX: CSL) share price continues to struggle this year, but what about the company’s dividends?
After falling to a 52-week low of $240.10 in February, shares in the global biotech leader have travelled sideways.
On Friday, CSL shares closed 1.4% higher at $271.25 apiece.
This is in stark contrast to when the companyâs share price registered double-digit gains year-on-year before COVID-19.
Nonetheless, the CSL board has continued to pay dividends to shareholders in times of economic uncertainty.
Letâs dive in to see if the CSL dividends have provided meaningful returns to shareholders over the past five years.
What is CSLâs dividend history?
Hereâs a short list I have put together on CSLâs most recent dividend history.
- October 2017 â 92 cents (final)
- April 2018 â 101 cents (interim)
- October 2018 â 128 cents (final)
- April 2019 â 120 cents (interim)
- October 2019 â 145 cents (final)
- April 2020 â 147 cents (interim)
- October 2020 â 147 cents (final)
- April 2021 â 135 cents (interim)
- September 2021 â 159 cents (final)
- April 2022 â 142 cents (interim)
When adding the above amounts, CSL has paid a total dividend of $13.16 per share over the past five years.
However, investors have also seen the CSL share price rise by around 87% during that time.
This means that even a small investment in the global biotech leaderâs shares would have reaped some serious benefits.
Currently, CSL has a trailing dividend yield of 1.15%.
CSL share price summary
Despite being one of the best places to park your money over the long term, CSL shares have lost around 8% year to date.
Volatility across global markets due to high inflation levels and rate hikes has been the norm in 2022.
Based on valuation grounds, CSL presides a market capitalisation of approximately $126.09 billion.
The post How much have CSL shares paid in dividends over the last 5 years? appeared first on The Motley Fool Australia.
Should you invest $1,000 in Csl Limited right now?
Before you consider Csl Limited, you’ll want to hear this.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Csl Limited wasn’t one of them.
The online investing service heâs run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.
See The 5 Stocks
*Returns as of June 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
- Why this broker is tipping ‘strength in the CSL share price’
- Brokers name 3 ASX shares to buy today
- Why did the CSL share price beat the ASX 200 on Wednesday?
- Broker names 2 of the best ASX 200 shares to buy now
- CSL share price ‘will be significantly bigger from this point’: fundie
Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL Ltd. 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/tuOCMnW