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Data last updated: Nov 15, 2026
Dividend Yield: 0.35%
Dividend Frequency: quarterly
Years of Dividend History: 19
The Vanguard Morningstar Mega Cap Growth ETF dividend reflects a fund built to track U.S. mega-cap growth stocks, holding each position in roughly the same proportion as its weight in the float-adjusted, market-capitalization-weighted index. MGK currently yields 0.37%, which is low by any income standard. The fund pays quarterly. Growth-focused investors who want some dividend exposure alongside mega-cap equity performance are the primary audience here, not those seeking meaningful income.
Vanguard Morningstar Mega Cap Growth ETF dividend safety is determined by the aggregate distributions passed through from the underlying mega-cap growth stocks in the index, not by a corporate payout ratio. Payout ratio is not applicable (fund/ETF). The history table shows year-over-year declines in multiple years, including a drop from $0.2728 in 2017 to $0.2398 in 2018, which means the per-share distribution can and does fall when the underlying holdings pay less.
Vanguard Morningstar Mega Cap Growth ETF dividend history shows a CAGR of 6.3% per year from 2010 to 2025. Per-share payments grew from $0.1164 to $0.2902 over that span (2026 is a partial year and excluded from the growth calculation). The largest single-year jump in the window was 41.3% in 2012, though the data also contains at least one decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +6.5% | $0.24 (2022) | $0.29 (2025) |
| 5-Year | +1.9% | $0.26 (2020) | $0.29 (2025) |
| 10-Year | +2.0% | $0.24 (2015) | $0.29 (2025) |
MGK fits investors whose primary goal is mega-cap growth equity exposure and who treat the dividend as a secondary benefit. The yield is low (below 2%), sitting at just 0.37% today, and the 5-year average yield is not available for comparison. What the fund offers is a 6.3% annualized dividend growth rate over 15 years and four consecutive years of increases. The trade-off is straightforward: an investor gets exposure to U.S. mega-cap growth names with a modest and variable income stream, accepting that distributions can decline in any given year.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-28 | $0.0765 |
| 2026-06-26 | $0.0835 |
| 2026-03-27 | $0.0643 |
| 2025-12-22 | $0.0786 |
| 2025-09-29 | $0.0670 |
| 2025-06-30 | $0.0767 |
| 2025-03-27 | $0.0679 |
| 2024-12-23 | $0.0982 |
| 2024-09-26 | $0.0748 |
| 2024-06-27 | $0.0617 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.2243 |
| 2025 | $0.2902 |
| 2024 | $0.2950 |
| 2023 | $0.2603 |
| 2022 | $0.2400 |
Project income from MGK with the MGK dividend calculator or track your full portfolio with the dividend tracker.