The S&P/ASX 200 Index (ASX: XJO) was on form last week and recorded a 0.25% gain to finish at 5404.8 points.

While a number of shares pushed higher, some climbed more than most. Here’s why these were the best performing ASX 200 shares last week:

The Pilbara Minerals Ltd (ASX: PLS) share price was the best performer on the index last week with a 19.9% gain. This was despite there being no news out of the lithium miner. Some investors may believe its shares have bottomed after falling extremely heavily over the last 12 months. Even after this strong gain, Pilbara Minerals’ shares are down 70% over the period. One broker that isn’t convinced that now is the time to buy is Macquarie. Earlier this month it slapped an underperform rating and 10 cents price target on its shares.

The Southern Cross Media Group Ltd (ASX: SXL) share price wasn’t far behind with an 18.5% gain. This gain appears to have been driven by another broker note out of Macquarie. Its analysts have reinstated coverage on the media company’s shares with an outperform rating and 18 cents price target. It notes that its balance sheet has been strengthened by its capital raising and believes it is well-placed to benefit when ad markets recover.

The Resolute Mining Limited (ASX: RSG) share price was a strong performer and climbed 14.2% last week. Investors were buying Resolute’s shares last week after the gold price surged higher. The precious metal jumped to a three-week high due to stimulus hopes and concerns that a trade war could be brewing between the U.S. and China. A number of other gold miners were close behind including Saracen Mineral Holdings Limited (ASX: SAR) and St Barbara Ltd (ASX: SBM).

The Graincorp Ltd (ASX: GNC) share price was the next best (non-gold miner) performer with a 9.2% gain. This followed the release of a better than expected half year result from the grain exporter. For the six months ended March 31, Graincorp delivered an underlying net profit after tax of $55 million. This was a massive improvement from its $48 million net loss after tax in the prior corresponding period.

More reading

• Are rental yields better than dividend yields?
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• ASX 200 finishes up 1.4%, gold miner share prices surge
• The next ASX sector in a post COVID-19 earnings upgrade cycle

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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Last week was a positive one for the S&P/ASX 200 Index (ASX: XJO). A strong finish on Friday led to the index recording a 0.25% gain to end the period at 5404.8 points.

Not all shares were able to climb higher with the market last week. Here’s why these were the worst performing ASX 200 shares:

The Corporate Travel Management Ltd (ASX: CTD) share price was the worst performer on the ASX 200 last week with an 11.8% decline. This weakness appears to have been driven by concerns that travel markets may not recover for some time. Last week the International Air Transport Association (IATA) warned that the impact of the pandemic on air travel was likely to be felt for many years to come. The IATA estimates that passenger traffic won’t rebound to pre-crisis levels until at least 2023.

The Challenger Ltd (ASX: CGF) share price was out of form last week and fell 10.9%. This was despite there being no news out of the annuities company. Investors appear concerned that Challenger may continue to struggle in the current environment. Its shares are down around 60% from the 52-week high they reached in February.

The Unibail-Rodamco-Westfield (ASX: URW) share price wasn’t far behind with a 10.4% decline last week. The shopping centre operator’s shares fell to an all-time low during the week amid concerns over the impact the pandemic is having on its operations. The majority of the company’s shopping centres have been forced to close due to lockdowns.

The Jumbo Interactive Ltd (ASX: JIN) share price was a poor performer with a 9.8% decline last week. This decline appears to have been driven by profit taking after some strong gains over the last couple of months. Prior to last week, the online lottery ticket seller’s shares were up 88% from their lows in March. Jumbo’s shares are still down 57% from their 52-week high.

More reading

• Why Qantas, Webjet and these ASX travel shares are dropping lower today
• Why Boral, Corporate Travel Management, United Malt, & Xero are dropping lower
• These ASX 200 shares just crashed to multi-year lows
• ASX 200 down 0.9%: Xero posts strong growth & Australian economy loses 594,300 jobs
• Are ASX travel shares like Qantas great value?

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Jumbo Interactive Limited. The Motley Fool Australia owns shares of and has recommended Challenger Limited and Corporate Travel Management Limited. The Motley Fool Australia has recommended Jumbo Interactive Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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If you would like a passive income of $50,000 per year, then the share market is arguably the place to do it.

This is because a large number of shares on the Australian share market pay their shareholders dividends each year.

How can you earn $50,000 worth of dividends each year?

There are two ways to earn $50,000 of passive income from dividends each year – the long way and the short way.

The way you go depends entirely on your starting finances. Those that have built up a considerable nest egg can do it the short way.

The short way involves investing into the shares of dividend favourites such as Commonwealth Bank of Australia (ASX: CBA) and Telstra Corporation Ltd (ASX: TLS). I estimate that their shares currently offer FY 2021 dividend yields of 5.3% and 5% yields, respectively.

This means that investments of $940,000 and $1 million in their respective shares would yield $50,000 in dividends next year.

What about the long way?

Not everyone has funds of that nature to invest. So how else can you do this?

The long way to achieve this is to invest in dividend-paying shares which have the potential to grow strongly over the long term.

The prime example of this is CSL Limited (ASX: CSL). As I mentioned here earlier this week, if you invested in the biotech giant at its IPO, you would have paid a stock-split-adjusted price of $0.76 per share.

In FY 2020 CSL is expected to pay a dividend of approximately $3.13 per share. This means that its shares provide a yield on the cost you paid of 411%.

This means that if you had invested just $12,165 into CSL’s shares at its IPO in 1994, you would have 16,006 shares. And those shares would be yielding $50,000 in dividends this year.

Not only that, but with CSL’s shares now changing hands at $301.84, they would have a market value of approximately $4.8 million.

Not bad for a ~$12,000 investment, right?

But what about the future? It is worth remembering that very few shares will have as much success as CSL. But I’m confident there are some out there which have the potential to grow both their share price and dividends at a strong rate over the next couple of decades.

Two that come immediately to mind are electronic design software company Altium Limited (ASX: ALU) and ecommerce company Kogan.com Ltd (ASX: KGN).

More reading

• Buy these ASX 200 shares for your kids today
• ASX shares can help millennials retire before their parents
• Why a buy and hold strategy for ASX shares is best
• Should you invest in super or your ASX share portfolio?
• If you invested $10,000 in the Altium IPO, this is how much you’d have now

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of CSL Ltd. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd and Telstra Limited. The Motley Fool Australia owns shares of Altium. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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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