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Data last updated: Oct 03, 2026
Snapshot (as of Oct 03, 2026): Vanguard Institutional Index Fund Institutional Shares (VINIX) pays a $14.94 annual dividend ($3.74 quarterly), yielding 2.42% at $618.19/share. Next ex-dividend date 2026-09-23. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.42%
Annual Dividend: $14.94 per share
Ex-Dividend Date: 2026-09-23
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 37
Vanguard Institutional Index Fund Institutional Shares dividend comes from a passive fund that fully replicates the S&P 500, holding large U.S. companies across all major sectors. The fund currently yields 2.4%, with a trailing annual dividend rate of $14.8769 per share paid quarterly. The next ex-dividend date is June 24, 2026, with the last quarterly payment at $1.7895 per share. VINIX suits dividend investors who want broad U.S. equity exposure paired with a beta of 1.009, meaning the fund moves almost in lockstep with the broader market.
Vanguard Institutional Index Fund Institutional Shares pays out dividends as a pass-through of income generated by its S&P 500 holdings, making the payout ratio not applicable (fund/ETF). Vanguard Institutional Index Fund Institutional Shares dividend safety is therefore tied directly to the aggregate dividend income of the underlying index constituents, not to a single company's earnings or cash flow. The most significant pressure on the payout level is any broad reduction in dividends across S&P 500 companies, which would flow through to VINIX distributions without a buffer.
Vanguard Institutional Index Fund Institutional Shares dividend history shows a CAGR of 12.0% per year from 2012 to 2025. Per-share payments grew from $2.8300 in 2012 to $11.5767 in 2025 (2026 is a partial year and excluded from this calculation). The history also contains at least one year-over-year decline exceeding 5%, and the largest single-year jump in the window was 91.0% in 2021, which reflects the volatility inherent in pass-through distributions rather than a managed dividend policy.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +2.2% | $10.86 (2022) | $11.58 (2025) |
| 5-Year | +2.7% | $10.14 (2020) | $11.58 (2025) |
| 10-Year | +9.7% | $4.57 (2015) | $11.58 (2025) |
VINIX fits dividend investors who want market-level income without concentrating in any single stock or sector. The yield sits at a moderate (2–4%) 2.4%, above the fund's own 5-year average of 2.13%, which means current income is running ahead of recent norms. Growth has been strong at 12.0% per year over the measured window, but that figure is driven by the underlying S&P 500 constituents and includes sharp swings in both directions. The trade-off is clear: an investor gets diversified, index-level dividend income with no managed payout policy and no consecutive years of guaranteed increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-23 | $1.5820 |
| 2026-06-24 | $1.7895 |
| 2026-03-24 | $5.4822 |
| 2025-12-23 | $6.0870 |
| 2025-09-24 | $1.5182 |
| 2025-06-26 | $1.5347 |
| 2025-03-25 | $2.4368 |
| 2024-12-30 | $6.6608 |
| 2024-09-27 | $1.4827 |
| 2024-06-28 | $1.6049 |
| Year | Total Dividends |
|---|---|
| 2026 | $8.8537 |
| 2025 | $11.5767 |
| 2024 | $12.3502 |
| 2023 | $11.6826 |
| 2022 | $10.8586 |
Project income from VINIX with the VINIX dividend calculator or track your full portfolio with the dividend tracker.