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Data last updated: Aug 17, 2026
Snapshot (as of Aug 17, 2026): Vanguard Morningstar Mega Cap Growth ETF (MGK) pays a $1.13 annual dividend ($0.08 monthly), yielding 1.25% at $90.72/share. Next ex-dividend date 2026-06-26. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.25%
Annual Dividend: $1.13 per share
Ex-Dividend Date: 2026-06-26
Dividend Frequency: monthly
Sector: Financial Services
Years of Dividend History: 19
The Vanguard Morningstar Mega Cap Growth ETF dividend reflects a passively managed fund that tracks the CRSP US Mega Cap Growth Index, holding all index constituents through full replication. MGK currently yields 1.25%, with a trailing annual dividend rate of $1.1330 per share paid monthly. The next ex-dividend date is June 26, 2026. With a beta of 1.26, MGK carries above-average price volatility, making it a better fit for growth-oriented investors than those prioritizing steady income.
Vanguard Morningstar Mega Cap Growth ETF pays out dividends as a pass-through of income generated by its underlying holdings, with a payout ratio classified as not applicable (fund/ETF). Vanguard Morningstar Mega Cap Growth ETF dividend safety is tied directly to the income distributions of its index constituents, which are the largest growth-oriented companies in the U.S. market, rather than to any single issuer's earnings. The fund's full-replication strategy means dividend output fluctuates with what those holdings actually distribute, and the history table shows at least one year-over-year decline exceeding 5%, confirming the payout is not immune to variation.
Vanguard Morningstar Mega Cap Growth ETF dividend history shows a CAGR of 6.3% per year from 2010 to 2025. Per-share dividends grew from $0.5820 to $1.4512 over that window (2026 is a partial year and excluded from this calculation). The largest single-year jump was 41.3% in 2012, while the history also contains at least one annual decline exceeding 5%, meaning growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +6.5% | $1.20 (2022) | $1.45 (2025) |
| 5-Year | +1.9% | $1.32 (2020) | $1.45 (2025) |
| 10-Year | +2.0% | $1.19 (2015) | $1.45 (2025) |
MGK fits investors who want exposure to large U.S. growth companies and are willing to accept a low income yield in exchange for index-level diversification. The current yield of 1.25% is classified as low (below 2%), and it sits below the fund's own 5-year average yield of 1.43%, meaning income buyers are getting less than the recent norm. Four consecutive years of dividend increases show a recent upward trend, but the history also includes declines, so the payout is not guaranteed to rise every year. The trade-off is clear: MGK offers broad mega-cap growth exposure with a modest and variable income stream.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-26 | $0.0835 |
| 2026-03-27 | $0.3213 |
| 2025-12-22 | $0.3930 |
| 2025-09-29 | $0.3352 |
| 2025-06-30 | $0.3833 |
| 2025-03-27 | $0.3397 |
| 2024-12-23 | $0.4912 |
| 2024-09-26 | $0.3740 |
| 2024-06-27 | $0.3087 |
| 2024-03-21 | $0.3017 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.4048 |
| 2025 | $1.4512 |
| 2024 | $1.4756 |
| 2023 | $1.3014 |
| 2022 | $1.1998 |
Project income from MGK with the MGK dividend calculator or track your full portfolio with the dividend tracker.