VOE Dividend Yield 2026: Vanguard Mid-Cap Value ETF

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Data last updated: Jul 06, 2026

Dividend Yield: 1.86%

Annual Dividend: $3.72 per share

Ex-Dividend Date: 2026-06-26

Dividend Frequency: quarterly

Sector: Financial Services

Years of Dividend History: 21

About Vanguard Mid-Cap Value ETF Dividend

The Vanguard Mid-Cap Value ETF dividend comes from a fund that tracks the CRSP US Mid Cap Value Index, holding all the stocks that make up that benchmark. VOE currently yields 1.86%, with a trailing annual dividend rate of $3.7216 per share paid quarterly. The next ex-dividend date is June 26, 2026, and the last quarterly payment was $0.9189 per share. With a beta of 0.81, VOE moves less than the broader market, which suits growth-and-income investors who want dividend growth without sharp price swings.

Dividend Safety

Vanguard Mid-Cap Value ETF pays out dividends as a pass-through of income generated by its underlying holdings, making a traditional payout ratio not applicable (fund/ETF). Vanguard Mid-Cap Value ETF dividend safety rests on the income produced by the mid-cap value stocks in the CRSP US Mid Cap Value Index, which the fund holds in full. The most direct pressure on the dividend is a broad decline in earnings or distributions across those underlying holdings, since the fund has no independent revenue stream to buffer a drop.

Vanguard Mid-Cap Value ETF (VOE) Dividend Growth Rate, CAGR, and History

Vanguard Mid-Cap Value ETF dividend history shows a CAGR of 8.0% per year from 2016 to 2025. Per-share payments grew from $1.8620 to $3.7214 over that window (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 26.3% in 2018, though the data also includes at least one year-over-year decline exceeding 5%, a reminder that the growth path has not been linear.

Vanguard Mid-Cap Value ETF Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+6.6%	$3.08 (2022)	$3.72 (2025)
5-Year	+5.8%	$2.81 (2020)	$3.72 (2025)
10-Year	+7.8%	$1.76 (2015)	$3.72 (2025)

Is Vanguard Mid-Cap Value ETF a Good Dividend Stock?

VOE fits growth-and-income investors who prioritize dividend growth over current yield, specifically those comfortable holding mid-cap value equities through uneven annual payouts. The yield is low (below 2%), and at 1.86% it sits above the 5-year average of 1.62%, so current buyers are getting a slightly better entry yield than the historical norm. The 8.0% annualized dividend growth rate from 2016 to 2025 is the real draw here. The trade-off is straightforward: an investor gains meaningful long-term dividend growth from a diversified index approach, but accepts a starting yield that delivers limited near-term income.

Recent Vanguard Mid-Cap Value ETF Dividend Payments

Payment Date	Amount per Share
2026-06-26	$0.9189
2026-03-27	$0.9992
2025-12-22	$0.9309
2025-09-29	$0.8726
2025-06-30	$0.8643
2025-03-27	$1.0536
2024-12-23	$1.0004
2024-09-26	$0.7997
2024-06-27	$0.8830
2024-03-21	$0.7331

Vanguard Mid-Cap Value ETF Annual Dividend History

Year	Total Dividends
2026	$1.9181
2025	$3.7214
2024	$3.4162
2023	$3.2943
2022	$3.0750

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.05% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.06% yield)
• VOO — Vanguard S&P 500 ETF (1.07% yield)
• JPM — JPMorgan Chase & Co. (1.79% yield)
• IVV — iShares Core S&P 500 ETF (1.09% yield)
• FXAIX — Fidelity 500 Index Fund (1.04% yield)

Frequently Asked Questions

How often does Vanguard Mid-Cap Value ETF pay dividends?

Vanguard Mid-Cap Value ETF pays dividends quarterly. The most recent payment was $0.9189 per share, and the next ex-dividend date is June 26, 2026.

What is Vanguard Mid-Cap Value ETF's current dividend yield?

The current VOE dividend yield is 1.86%, which is above the fund's 5-year average yield of 1.62%. That means today's yield is modestly elevated relative to recent history.

Has Vanguard Mid-Cap Value ETF ever cut its dividend?

Within the available data window, there are year-over-year declines: 2019 paid $2.4430 versus $2.6170 in 2018, and 2021 paid $2.6730 versus $2.8120 in 2020. The data covers 2016 through 2025, so history outside that window is not available.

How fast has Vanguard Mid-Cap Value ETF grown its dividend?

VOE has grown its dividend at a compound annual growth rate (CAGR) of 8.0% per year from 2016 to 2025. Per-share payments roughly doubled over that period, from $1.8620 to $3.7214.

Is Vanguard Mid-Cap Value ETF a good dividend stock for income investors?

VOE's 1.86% yield is classified as low (below 2%), so it is not a high-income vehicle in the near term. Its strength is dividend growth: an 8.0% annualized CAGR from 2016 to 2025 makes it more relevant to growth-and-income investors than to those seeking immediate high income.

What type of investor is Vanguard Mid-Cap Value ETF best suited for?

VOE suits growth-and-income investors who prioritize dividend growth over current yield. The 8.0% CAGR and a beta of 0.81 point to a fund that builds income over time with below-market price volatility.

How does Vanguard Mid-Cap Value ETF compare to its own historical yield?

At 1.86%, the current Vanguard Mid-Cap Value ETF dividend yield is above the 5-year average of 1.62%. Investors buying today are locking in a higher yield than the fund has averaged over the past five years.

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