The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Vanguard Mid-Cap Index Fund Institutional Shares (VMCIX) pays a $1.17 annual dividend ($0.28 quarterly), yielding 1.30% at $90.07/share. Next ex-dividend date 2026-06-26. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.30%
Annual Dividend: $1.17 per share
Ex-Dividend Date: 2026-06-26
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 29
Vanguard Mid-Cap Index Fund Institutional Shares dividend currently sits at a 1.3% yield, paid quarterly at $1.1710 per share on a trailing annual basis. VMCIX is a passively managed index fund built to replicate a benchmark of mid-sized American companies, giving investors broad exposure to a segment of the market known for greater price swings than large-cap stocks. The next ex-dividend date is June 26, 2026, with the most recent quarterly payment of $0.2795 per share. At a beta of 0.998, this fund moves nearly in lockstep with the broader market, making it a fit for growth-and-income investors comfortable with mid-cap volatility in exchange for dividend growth.
Vanguard Mid-Cap Index Fund Institutional Shares pays out dividends as a pass-through of income generated by its underlying mid-cap equity holdings, making a traditional payout ratio not applicable (fund/ETF). Vanguard Mid-Cap Index Fund Institutional Shares dividend safety is therefore tied to the aggregate dividend income produced by the hundreds of mid-sized companies the fund holds, rather than to a single company's earnings. The primary risk is that mid-cap equities carry higher price volatility than large-cap stocks, and a broad market downturn could reduce the income passed through to shareholders.
Over the past 14 years, Vanguard Mid-Cap Index Fund Institutional Shares dividend history shows a CAGR of 11.2% per year from 2011 to 2025. Per-share payments grew from $0.2720 to $1.2092 over that window (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 22.8% in 2014, while 2021 saw the only year-over-year dip, with the annual payment falling from $0.8200 to $0.7830 before recovering sharply in subsequent years.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +10.6% | $0.89 (2022) | $1.21 (2025) |
| 5-Year | +8.1% | $0.82 (2020) | $1.21 (2025) |
| 10-Year | +9.6% | $0.48 (2015) | $1.21 (2025) |
VMCIX fits growth-and-income investors who want exposure to mid-cap equities and prioritize dividend growth over immediate income. The yield is low (below 2%), currently at 1.3%, though that sits above the fund's own 5-year average of 1.09%, meaning today's entry point delivers slightly more income than the historical norm. The 11.2% annual dividend growth rate over 14 years is the real draw here. The trade-off is straightforward: investors accept a modest current yield and the inherent volatility of mid-cap stocks in exchange for a dividend that has compounded at a double-digit rate over more than a decade.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-26 | $0.2795 |
| 2026-03-27 | $0.2946 |
| 2025-12-22 | $0.3140 |
| 2025-09-29 | $0.2829 |
| 2025-06-30 | $0.2930 |
| 2025-03-27 | $0.3193 |
| 2024-12-23 | $0.2989 |
| 2024-09-26 | $0.2592 |
| 2024-06-27 | $0.2541 |
| 2024-03-21 | $0.2663 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.5741 |
| 2025 | $1.2092 |
| 2024 | $1.0785 |
| 2023 | $0.9673 |
| 2022 | $0.8930 |
Project income from VMCIX with the VMCIX dividend calculator or track your full portfolio with the dividend tracker.