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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Vanguard Dividend Growth Fund (VDIGX) pays a $7.46 annual dividend, yielding 23.18% at $32.16/share. Next ex-dividend date 2026-06-26. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 23.18%
Annual Dividend: $7.46 per share
Ex-Dividend Date: 2026-06-26
Sector: Financial Services
Years of Dividend History: 33
The Vanguard Dividend Growth Fund dividend targets income by investing in high-quality companies across all sectors that demonstrate both the capacity and the commitment to grow their payouts over time. The fund currently yields 23.18%, with a trailing annual dividend rate of $7.4554 per share. The next ex-dividend date is June 26, 2026. With a beta of 0.66, VDIGX moves meaningfully less than the broader market, which suits dividend investors who prioritize lower volatility alongside income.
The Vanguard Dividend Growth Fund payout ratio is not applicable (fund/ETF), as the fund passes through income from its underlying equity holdings rather than retaining earnings. Vanguard Dividend Growth Fund dividend safety rests on the fund's mandate to hold companies that have both the capacity and the commitment to raise dividends, which filters for financially sound businesses at the portfolio level. The primary risk is market exposure: full equity market participation means distributions can fluctuate with the performance of underlying holdings, and the fund's history does include at least one year-over-year decline exceeding 5%.
Vanguard Dividend Growth Fund dividend history shows a CAGR of 8.7% per year from 1993 to 2025. Per-share payouts grew from $0.43 in 1993 to $6.2894 in 2025 (2026 is a partial year and excluded from this calculation). The largest annual increase in the available window was 103.0%, recorded in 2024, reflecting the fund's variable distribution pattern rather than a straight-line growth path.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +43.4% | $2.13 (2022) | $6.29 (2025) |
| 5-Year | +46.3% | $0.94 (2020) | $6.29 (2025) |
| 10-Year | +17.2% | $1.28 (2015) | $6.29 (2025) |
VDIGX fits dividend investors who want broad equity exposure filtered through a dividend-growth lens. The current yield is classified as high (above 4%), and at 23.18% it sits well above the fund's own 5-year average of 9.79%, though that gap reflects distribution variability rather than a structural shift in the fund's income profile. The fund has only two consecutive years of dividend increases, so investors seeking a long unbroken streak will not find it here. What VDIGX offers is a high current yield backed by a portfolio of companies selected for dividend commitment, with the trade-off being full equity market exposure and distributions that can swing materially from year to year.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-26 | $0.2010 |
| 2026-03-30 | $2.1206 |
| 2025-12-23 | $5.1338 |
| 2025-06-30 | $0.2519 |
| 2025-03-28 | $0.9037 |
| 2024-12-30 | $3.6154 |
| 2024-06-28 | $0.2882 |
| 2024-03-27 | $0.4272 |
| 2023-12-27 | $0.5604 |
| 2023-06-28 | $0.2491 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.3216 |
| 2025 | $6.2894 |
| 2024 | $4.3308 |
| 2023 | $0.8535 |
| 2022 | $2.1332 |
Project income from VDIGX with the VDIGX dividend calculator or track your full portfolio with the dividend tracker.