VWEHX Dividend Yield 2026: Vanguard High-Yield Corporate Fund Investor Shares

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Data last updated: Aug 10, 2026

Snapshot (as of Aug 10, 2026): Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) pays a $0.34 annual dividend ($0.03 monthly), yielding 6.28% at $5.46/share. Next ex-dividend date 2026-07-31. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 6.28%

Annual Dividend: $0.34 per share

Ex-Dividend Date: 2026-07-31

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 47

About Vanguard High-Yield Corporate Fund Investor Shares Dividend

The Vanguard High-Yield Corporate Fund Investor Shares dividend comes from a portfolio of corporate junk bonds, targeting the higher-quality end of that speculative category since 1978. The fund currently yields 6.28%, paying $0.3430 per share over the trailing twelve months. VWEHX pays monthly, with the next ex-dividend date on July 31, 2026, and a last dividend amount of $0.0290 per share. A beta of 0.63 means the fund moves less than the broader market, which suits income-focused investors who want high yield with somewhat dampened price swings.

Dividend Safety

Vanguard High-Yield Corporate Fund Investor Shares pays out dividends from bond interest income, making a traditional payout ratio not applicable (fund/ETF). Vanguard High-Yield Corporate Fund Investor Shares dividend safety rests on the fund's selective approach: it targets what its advisor considers the higher-quality bonds within the high-yield universe, which aims to reduce default risk and protect the income stream. The primary pressure point is credit quality: high-yield bonds carry meaningful default risk, and a deteriorating credit environment can erode the income the fund generates.

Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) Dividend Growth Rate, CAGR, and History

Vanguard High-Yield Corporate Fund Investor Shares dividend history shows a CAGR of -1.2% per year from 2011 to 2025. Per-share payments moved from $0.4080 in 2011 down to $0.3425 in 2025 (2026 is a partial year and excluded from this calculation). The dividend has declined over the full window, though 2023 produced the largest single-year jump on record at 17.3%. Growth is slow, and the long-term trend is negative, which matters for income investors counting on rising payments to offset inflation.

Vanguard High-Yield Corporate Fund Investor Shares Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+9.2%	$0.26 (2022)	$0.34 (2025)
5-Year	+4.4%	$0.28 (2020)	$0.34 (2025)
10-Year	+0.5%	$0.33 (2015)	$0.34 (2025)

Is Vanguard High-Yield Corporate Fund Investor Shares a Good Dividend Stock?

VWEHX fits income-focused investors who prioritize a high current yield over dividend growth. The yield classification is high (above 4%), and at 6.28% today it sits well above the fund's own 5-year average of 5.46%, meaning buyers now are locking in an above-average income rate relative to recent history. The trade-off is clear: the per-share dividend has trended down over the long term, falling from $0.4080 in 2011 to $0.3425 in 2025. What an investor gets is a monthly income stream from a diversified junk-bond portfolio with a below-market beta of 0.63. What they accept is a dividend that has historically shrunk in real terms.

Recent Vanguard High-Yield Corporate Fund Investor Shares Dividend Payments

Payment Date	Amount per Share
2026-07-31	$0.0290
2026-06-30	$0.0286
2026-05-29	$0.0290
2026-04-30	$0.0287
2026-03-31	$0.0285
2026-02-27	$0.0278
2026-01-30	$0.0285
2025-12-31	$0.0283
2025-11-28	$0.0283
2025-10-31	$0.0286

Vanguard High-Yield Corporate Fund Investor Shares Annual Dividend History

Year	Total Dividends
2026	$0.2001
2025	$0.3425
2024	$0.3304
2023	$0.3086
2022	$0.2630

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.01% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.02% yield)
• VOO — Vanguard S&P 500 ETF (1.03% yield)
• JPM — JPMorgan Chase & Co. (1.68% yield)
• IVV — iShares Core S&P 500 ETF (1.05% yield)
• FXAIX — Fidelity 500 Index Fund (1.02% yield)

Frequently Asked Questions

How often does Vanguard High-Yield Corporate Fund Investor Shares pay dividends?

Vanguard High-Yield Corporate Fund Investor Shares pays dividends monthly. The last dividend amount was $0.0290 per share, with the next ex-dividend date set for July 31, 2026.

What is Vanguard High-Yield Corporate Fund Investor Shares's current dividend yield?

The current VWEHX dividend yield is 6.28%, above the fund's 5-year average yield of 5.46%. That gap means today's buyers are receiving a higher income rate than the fund's recent norm.

Has Vanguard High-Yield Corporate Fund Investor Shares ever cut its dividend?

Yes, the available history shows multiple year-over-year declines. The sharpest drop in the data window came in 2021, when the annual dividend fell to $0.2470 from $0.2760 in 2020, a decline of more than 10%.

How fast has Vanguard High-Yield Corporate Fund Investor Shares grown its dividend?

The compound annual growth rate (CAGR) for the VWEHX dividend was -1.2% per year from 2011 to 2025. The per-share payment declined from $0.4080 to $0.3425 over that period.

Is Vanguard High-Yield Corporate Fund Investor Shares a good dividend stock for income investors?

The fund's 6.28% yield is classified as high (above 4%), and monthly payments suit income-focused investors. The trade-off is a long-term declining per-share dividend, down from $0.4080 in 2011 to $0.3425 in 2025.

What type of investor is Vanguard High-Yield Corporate Fund Investor Shares best suited for?

VWEHX fits income-focused investors who want a high monthly yield and can accept both credit risk from junk bonds and a dividend that has trended lower over time. A beta of 0.63 means price swings are more moderate than the broader equity market.

How does Vanguard High-Yield Corporate Fund Investor Shares compare to its own historical yield?

At 6.28%, the current yield is above the fund's 5-year average of 5.46%. That 82-basis-point premium means the fund is generating more income relative to its price than it has on average over the past five years.

Latest VWEHX News

• 7 of the Best High-Yield Bond Funds to Buy Now - U.S. News - Money — U.S. News - Money
• The 3 Vanguard ETFs With The Highest Dividend Yields - 24/7 Wall St. — 24/7 Wall St.
• 3 Top Vanguard Fixed-Income Funds - Investopedia — Investopedia

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