VWIUX Dividend Yield 2026: Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) pays a $0.46 annual dividend ($0.04 monthly), yielding 3.45% at $13.43/share. Next ex-dividend date 2026-08-31. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 3.45%

Annual Dividend: $0.46 per share

Ex-Dividend Date: 2026-08-31

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 26

About Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares Dividend

The Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares dividend comes from a portfolio of high-quality municipal bonds with a dollar-weighted average maturity kept between 6 and 12 years. The fund currently yields 3.45%, with a trailing annual dividend rate of $0.4638 per share paid monthly. The next ex-dividend date is August 31, 2026. With a beta of 0.83, VWIUX carries below-market price sensitivity, which suits income-focused investors who prioritize federal tax-exempt income over capital growth.

Dividend Safety

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares pays out dividends as a pass-through of bond income, making a traditional payout ratio not applicable (fund/ETF). Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares dividend safety rests on the credit quality of its holdings: at least 75% of the portfolio must be rated in the top three credit categories, which limits default-driven income disruption. The primary pressure point is interest rate risk, as the fund's own description notes that rising rates can reduce bond prices and, over time, compress the income the fund generates.

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) Dividend Growth Rate, CAGR, and History

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares dividend history shows a CAGR of -0.8% per year from 2011 to 2025. Per-share annual dividends moved from $0.5040 in 2011 to $0.4495 in 2025 (2026 is a partial year and excluded from this calculation). The largest single-year increase in the window was 14.8% in 2023, but the overall trend is negative, and the data includes at least one year-over-year decline exceeding 5%, which means income has not been reliably growing.

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+10.4%	$0.33 (2022)	$0.45 (2025)
5-Year	+4.7%	$0.36 (2020)	$0.45 (2025)
10-Year	+0.6%	$0.42 (2015)	$0.45 (2025)

Is Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares a Good Dividend Stock?

VWIUX fits income-focused investors who want federal tax-exempt monthly income and can accept that the per-share payout has drifted lower over time. The current yield of 3.45% falls in the moderate (2-4%) range and sits above the fund's own 5-year average of 2.83%, meaning today's income level is relatively elevated by recent standards. The trade-off is clear: the fund's long-run dividend CAGR is -0.8%, so purchasing power from income alone does not grow. What an investor gets is tax-exempt monthly cash flow from a high-credit-quality bond portfolio; what they accept is the absence of meaningful dividend growth and exposure to interest rate-driven income swings.

Recent Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares Dividend Payments

Payment Date	Amount per Share
2026-08-31	$0.0392
2026-07-31	$0.0391
2026-06-30	$0.0392
2026-05-29	$0.0386
2026-04-30	$0.0391
2026-03-31	$0.0384
2026-02-27	$0.0388
2026-01-30	$0.0378
2025-12-31	$0.0384
2025-11-28	$0.0387

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares Annual Dividend History

Year	Total Dividends
2026	$0.3102
2025	$0.4495
2024	$0.4208
2023	$0.3834
2022	$0.3341

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 VWIUX pay dividends?

Yes, Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares (VWIUX) pays a $0.04 monthly dividend per share, yielding 3.45%.

How often does Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares pay dividends?

Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares pays dividends monthly. The last dividend amount was $0.0392 per share, with the next ex-dividend date set for August 31, 2026.

What is Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares's current dividend yield?

The current VWIUX dividend yield is 3.45%, which is above the fund's 5-year average yield of 2.83%. That gap reflects the higher interest rate environment that has pushed municipal bond income higher in recent years.

Has Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares ever cut its dividend?

Within the available history window, annual dividends declined in multiple years, including a drop from $0.3880 in 2019 to $0.3570 in 2020 and further to $0.3098 in 2021. The data also notes at least one year-over-year decline exceeding 5%, so income has not been uninterrupted.

How fast has Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares grown its dividend?

The compound annual growth rate (CAGR) for VWIUX dividends was -0.8% per year from 2011 to 2025. Annual per-share income fell from $0.5040 to $0.4495 over that period, though 2023 saw a single-year jump of 14.8%.

Is Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares a good dividend stock for income investors?

VWIUX offers a 3.45% yield that is federal tax-exempt, which can be meaningful for investors in higher tax brackets. The trade-off is a negative long-run dividend CAGR of -0.8%, so the income stream has not grown in real terms over the available history.

What type of investor is Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares best suited for?

The fund fits income-focused investors who prioritize federal tax-exempt monthly cash flow over dividend growth. A beta of 0.83 and a portfolio weighted toward top-tier credit ratings make it a lower-volatility option within fixed income.

How does Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares compare to its own historical yield?

The current yield of 3.45% is above the 5-year average of 2.83%, meaning today's income level is higher than what the fund has typically offered over the past five years. That difference is driven by the broader rise in interest rates, not a change in the fund's structure.

Latest VWIUX News

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