If an investor puts £10,000 into Aviva shares, how much money can they get?

to me, Aviva (LSE: AV) shares will remain the ones that escaped. When I loaded up my self-invested pension (SIPP) last year, I bought almost every high-yielding, low-cost fund. FTSE 100 financial stock I received.

I didn’t buy Aviva, which has passed the lot. Although its shares have been inactive in recent months, they are still up 10% over one year and 20% over five. That’s not quite the case Nvidia area, but top UK green chips such as Aviva have a different role to play in a balanced portfolio.

Instead of rapid growth, they offer the prospect of solid long-term returns, over periods measured over years or even decades. That comes not just from a rising share price, but a steady stream of dividends paid to investors.

Can this top blue chip give me growth too?

FTSE 100 shares pay some of the most attractive dividends in the world. Currently, shares in the index pay an annual income of 3.6%. That compares to a measly 1% growth rate S&P 500. Those shares close the gap between the two over time (though not completely, sadly).

Aviva has a large trailing yield of 7.31%. It also has a strong track record of increasing shareholder payouts, year after year. It is not perfect though, as distribution has been suspended during the violence. It has since been recovered, as this chart shows.

Chart with TradingView

Aviva CEO Amanda Blanc aims to increase shareholder payouts every year, she said “mid single digit growth”. The 2025 forecast yield is even more modest at 7.82%. Blanc also promised “other ordinary and sustainable returns of capital”perhaps through the purchase of shares.

If an investor puts £10,000 into stocks today, they could earn £782 this year. Any increase in the share price will be higher.

The 12 analysts providing one-year share price forecasts have produced an average target of just over 550p. If that pans out, it will mark an increase of more than 16% from today’s 472p. Combined with that yield, this would give investors a total return of around 24%. Time will tell.

This FTSE 100 stock has a lot of money

Aviva has a healthy balance sheet and generates plenty of cash, but like any stock, there are risks. First, it appears that interest rates will remain high for a long time. That’s bad news for an income stock like Aviva, because it offers investors a decent return from cash and bonds, without the risk to their capital.

Higher interest rates will weigh on stock markets in general, hitting the value of its £376bn of assets under management.

Aviva is also under pressure to make a success of its £3.6bn takeover Straight Line. While potential savings remain, the expected £125m of capital synergies will only come if the board gets its strategy right.

Eight of the 14 analysts following Aviva call it a Strong Buy. No one recommends selling. Sadly, I’ve already made my own choice. Having bought out competitors Legal and General Group, IM&Gagain Phoenix Group Holdings share priceother insurance will be overloaded.

All three FTSE 100 stocks have higher yields than Aviva. Now I just hope they can match its share price performance.