VBMPX Dividend Yield 2026: Vanguard Total Bond Market Index Fund Institutional Plus Shares

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) pays a $0.39 annual dividend ($0.03 monthly), yielding 4.11% at $9.48/share. Next ex-dividend date 2026-08-31. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 4.11%

Annual Dividend: $0.39 per share

Ex-Dividend Date: 2026-08-31

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 17

About Vanguard Total Bond Market Index Fund Institutional Plus Shares Dividend

The Vanguard Total Bond Market Index Fund Institutional Plus Shares dividend comes from a portfolio built across U.S. Treasury bonds and mortgage-backed securities, spanning short, intermediate, and long maturities. The fund currently yields 4.11%, with a trailing annual dividend rate of $0.3899 per share paid monthly. The next ex-dividend date is August 31, 2026, and the last monthly payment was $0.0337 per share. With a beta of 0.98 and broad diversification across the U.S. bond market, VBMPX suits income-focused investors who prioritize regular monthly cash flow over capital appreciation.

Dividend Safety

Vanguard Total Bond Market Index Fund Institutional Plus Shares pays out dividends as a pass-through of bond interest income, and the payout ratio is not applicable (fund/ETF). Vanguard Total Bond Market Index Fund Institutional Plus Shares dividend safety rests on the income generated by its underlying holdings: U.S. Treasury bonds and mortgage-backed securities, which are among the highest-quality debt instruments available. The most significant data-supported pressure on the payout is interest rate risk: the fund's own description notes that rising rates can reduce the market value of its bonds and lower the fund's NAV, which directly affects the income available to distribute.

Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) Dividend Growth Rate, CAGR, and History

Vanguard Total Bond Market Index Fund Institutional Plus Shares dividend history shows a CAGR of -4.0% per year from 2011 to 2020. Per-share payments moved from $0.4060 in 2011 down to $0.2800 by 2020, a meaningful decline over the full window. The largest annual increase in the window was 6.0% in 2016, but the overall trend was negative, and the data block confirms at least one year-over-year decline exceeding 5% within that period. Growth is negative over the measured window. That means income investors holding VBMPX over the long run received less per share in 2020 than they did in 2011, which limits the fund's appeal for investors who need rising income to offset inflation.

Vanguard Total Bond Market Index Fund Institutional Plus Shares Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+15.3%	$0.25 (2022)	$0.38 (2025)
5-Year	+6.3%	$0.28 (2020)	$0.38 (2025)
10-Year	+4.0%	$0.26 (2015)	$0.38 (2025)

Is Vanguard Total Bond Market Index Fund Institutional Plus Shares a Good Dividend Stock?

VBMPX fits income-focused investors who want monthly cash flow from high-quality U.S. debt rather than dividend growth. The current yield is classified as high (above 4%), and at 4.11% it sits well above the fund's own 5-year average of 3.16%, meaning today's income level is elevated relative to recent history. The trade-off is clear: the dividend CAGR from 2011 to 2020 was -4.0% per year, so the per-share payout has not grown over time. An investor in this fund gets a high current yield backed by U.S. Treasuries and mortgage-backed securities, but accepts that the monthly payment amount has historically drifted lower rather than higher.

Recent Vanguard Total Bond Market Index Fund Institutional Plus Shares Dividend Payments

Payment Date	Amount per Share
2026-08-31	$0.0337
2026-07-31	$0.0335
2026-06-30	$0.0325
2026-05-29	$0.0331
2026-04-30	$0.0321
2026-03-31	$0.0331
2026-02-27	$0.0304
2026-01-30	$0.0328
2025-12-31	$0.0328
2025-11-28	$0.0317

Vanguard Total Bond Market Index Fund Institutional Plus Shares Annual Dividend History

Year	Total Dividends
2026	$0.2612
2025	$0.3794
2024	$0.3502
2023	$0.3015
2022	$0.2476

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.02% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.04% yield)
• JPM — JPMorgan Chase & Co. (1.67% yield)
• IVV — iShares Core S&P 500 ETF (1.06% yield)

Frequently Asked Questions

Does VBMPX pay dividends?

Yes, Vanguard Total Bond Market Index Fund Institutional Plus Shares (VBMPX) pays a $0.03 monthly dividend per share, yielding 4.11%.

How often does Vanguard Total Bond Market Index Fund Institutional Plus Shares pay dividends?

Vanguard Total Bond Market Index Fund Institutional Plus Shares pays dividends monthly. The last monthly payment was $0.0337 per share, and the next ex-dividend date is August 31, 2026.

What is Vanguard Total Bond Market Index Fund Institutional Plus Shares's current dividend yield?

The current VBMPX dividend yield is 4.11%, which is above the fund's 5-year average yield of 3.16%. That gap means today's income level is elevated relative to what the fund has delivered over the past five years.

Has Vanguard Total Bond Market Index Fund Institutional Plus Shares ever cut its dividend?

Within the available history, the per-share payout declined from $0.4060 in 2011 to $0.2800 in 2020, a compound annual decline of -4.0% per year. The data also confirms at least one year-over-year drop exceeding 5% in that window, so dividend reductions have occurred in the available history.

How fast has Vanguard Total Bond Market Index Fund Institutional Plus Shares grown its dividend?

The compound annual growth rate (CAGR) for VBMPX was -4.0% per year from 2011 to 2020. That means the per-share payout shrank over the measured window, from $0.4060 to $0.2800.

Is Vanguard Total Bond Market Index Fund Institutional Plus Shares a good dividend stock for income investors?

The fund's 4.11% yield is classified as high (above 4%) and is backed by U.S. Treasuries and mortgage-backed securities. Income-focused investors get a high current yield paid monthly, but the historical payout trend has been negative, not growing.

Is Vanguard Total Bond Market Index Fund Institutional Plus Shares dividend safe?

The payout ratio is not applicable (fund/ETF), so there is no traditional earnings-based safety measure. The fund's description identifies rising interest rates as the primary risk: higher rates reduce bond values and can lower the income available to distribute.

How does Vanguard Total Bond Market Index Fund Institutional Plus Shares compare to its own historical yield?

At 4.11%, the current yield is nearly one full percentage point above the 5-year average of 3.16%. For income investors, that means the fund is currently delivering more yield than it has on average over the past five years.

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