VPMCX Dividend Yield 2026: Vanguard PRIMECAP Fund Investor Shares

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 PRIMECAP Fund Investor Shares (VPMCX) pays a $29.21 annual dividend, yielding 13.10% at $222.93/share. Next ex-dividend date 2025-12-17. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 13.10%

Annual Dividend: $29.21 per share

Ex-Dividend Date: 2025-12-17

Sector: Financial Services

Years of Dividend History: 41

About Vanguard PRIMECAP Fund Investor Shares Dividend

The Vanguard PRIMECAP Fund Investor Shares dividend currently yields 13.1%, making it one of the higher-yielding fund options available to income-focused investors. VPMCX is a growth-oriented fund managed by PRIMECAP Management Company, investing primarily in large and mid-sized companies with a long-term outlook and exceptionally low portfolio turnover. The trailing annual dividend rate stands at $29.2065 per share, with the next ex-dividend date set for December 17, 2025. A beta of 1.046 means the fund moves roughly in line with the broader market, which suits dividend investors who can tolerate moderate price swings in exchange for a high current payout.

Dividend Safety

Vanguard PRIMECAP Fund Investor Shares pays out dividends as a fund, making the payout ratio not applicable (fund/ETF). Vanguard PRIMECAP Fund Investor Shares dividend safety is therefore not assessed through a traditional earnings-coverage lens; instead, the payout level reflects the fund's underlying portfolio distributions, which are shaped by the multi-manager structure PRIMECAP employs across independently run portfolio segments. The most significant pressure point is the fund's concentration in technology and health care, two sectors that can produce sharp short-term swings in income and capital gains distributions.

Vanguard PRIMECAP Fund Investor Shares (VPMCX) Dividend Growth Rate, CAGR, and History

Vanguard PRIMECAP Fund Investor Shares dividend history shows a CAGR of 12.1% per year from 2008 to 2025. Per-share payments grew from $4.1700 in 2008 to $29.2065 in 2025, a substantial absolute gain over the window. The largest annual increase in the window was 174.5% in 2025, which is an outlier that skews the overall picture. The data also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.

Vanguard PRIMECAP Fund Investor Shares Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+32.9%	$12.44 (2022)	$29.21 (2025)
5-Year	+15.1%	$14.46 (2020)	$29.21 (2025)
10-Year	+17.4%	$5.89 (2015)	$29.21 (2025)

Is Vanguard PRIMECAP Fund Investor Shares a Good Dividend Stock?

VPMCX fits dividend investors who prioritize a high current payout over predictable, steady annual increases. The yield is classified as high (above 4%), and at 13.1% it sits well above the fund's own 5-year average of 7.14%, which reflects the outsized 2025 distribution rather than a structural shift in the fund's income profile. The fund's concentration in technology and health care means distributions can swing sharply from year to year, as the history table confirms. What an investor gets here is a high nominal yield backed by a long-running, low-turnover growth fund; what they accept is meaningful year-to-year variability in the actual dollar amount paid.

Recent Vanguard PRIMECAP Fund Investor Shares Dividend Payments

Payment Date	Amount per Share
2025-12-17	$29.2065
2024-12-18	$10.6389
2023-12-19	$10.8076
2022-12-19	$12.4385
2021-12-20	$16.4863
2020-12-21	$14.4569
2019-12-17	$9.9520
2018-12-18	$9.7100
2017-12-18	$7.2330
2016-12-23	$5.3030

Vanguard PRIMECAP Fund Investor Shares Annual Dividend History

Year	Total Dividends
2025	$29.2065
2024	$10.6389
2023	$10.8076
2022	$12.4385
2021	$16.4863

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 VPMCX pay dividends?

Yes, Vanguard PRIMECAP Fund Investor Shares (VPMCX) pays a $29.21 annual dividend per share, yielding 13.10%.

What is Vanguard PRIMECAP Fund Investor Shares's current dividend yield?

The current yield is 13.1%, well above the fund's 5-year average yield of 7.14%. The gap reflects the unusually large 2025 distribution of $29.2065 per share rather than a permanent change in the fund's income profile.

Has Vanguard PRIMECAP Fund Investor Shares ever cut its dividend?

The available history from 2008 to 2025 contains at least one year-over-year decline exceeding 5%, so the dividend has not grown without interruption. The data window covers 17 years, and declines do appear within it.

How fast has Vanguard PRIMECAP Fund Investor Shares grown its dividend?

The compound annual growth rate (CAGR) is 12.1% per year from 2008 to 2025. Per-share payments grew from $4.1700 to $29.2065 over that period, though the growth has been uneven rather than steady year to year.

Is Vanguard PRIMECAP Fund Investor Shares a good dividend stock for income investors?

The fund carries a high (above 4%) yield classification and a current payout of 13.1%, which is attractive on a nominal basis. However, the payout ratio is not applicable (fund/ETF), and the history shows meaningful year-to-year variability, so income investors should expect fluctuation in the dollar amount received.

Is Vanguard PRIMECAP Fund Investor Shares dividend safe?

There is no traditional payout ratio to assess since the fund classification makes it not applicable (fund/ETF). The fund's concentration in technology and health care introduces distribution volatility, and the history confirms at least one decline exceeding 5% in a single year.

What type of investor is Vanguard PRIMECAP Fund Investor Shares best suited for?

The fund fits dividend investors who can accept variable annual payouts in exchange for a high current yield. The 12.1% CAGR over 17 years appeals to those with a long-term horizon, but the year-to-year swings make it a poor fit for investors who need predictable income amounts.

How does Vanguard PRIMECAP Fund Investor Shares compare to its own historical yield?

The current yield of 13.1% is nearly double the 5-year average of 7.14%. The 2025 distribution of $29.2065 per share drove that gap, and the 5-year average is a more representative baseline for what the fund has historically delivered.

Latest VPMCX News

• Grab These 3 Vanguard Mutual Funds for Excellent Returns - TradingView — TradingView
• 5 Actively Managed Vanguard Funds to Buy and Hold - Kiplinger — Kiplinger
• The Best Vanguard Funds for 401(k) Retirement Savers - Kiplinger — Kiplinger

Project income from VPMCX with the VPMCX dividend calculator or track your full portfolio with the dividend tracker.