Vanguard High Dividend Yield Indx ETF (VYM) Dividends (2024)

FAQs

Does the Vanguard High dividend yield ETF pay dividends? ›

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.0.

Vanguard High Dividend Yield ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VYM is an outstanding option for investors seeking exposure to the Style Box - Large Cap Value segment of the market.

VYM has a dividend yield of 2.90% and paid $3.42 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 15, 2024.

Cons. No guarantee of future dividends. Stock price declines may offset yield. Dividends are taxed in the year they are distributed to shareholders.

A dividend ETF is made up of dividend-paying stocks that usually track a dividend index. This ETF pays dividends to investors, which can be qualified or nonqualified dividends, as explained earlier.

I believe that VYM can continue higher throughout 2024 and deliver future annualized growth that will allow investors who are reinvesting the dividends to harness the powers of compounding. If you're looking for an income-focused ETF without an option overlay strategy, VYM has been solid over the past year.

The fund's significant holdings in technology and cyclical sectors contribute to its underperformance and lower income compared to peers.

What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.

Are monthly dividend ETFs worth it? ›

Benefits Of Monthly Dividend ETFs

Monthly dividends have their advantages. For one, they're better than quarterly dividends for covering living expenses. You only have to budget the income 30 days at a time, rather than 90. Monthly payouts are also convenient for reinvesting.

Chevron (CVX) International Business Machines (IBM) and Altria Group (MO) are some of the most trending Dividend Stocks.

About The Vanguard High Dividend Yield ETF (VYM)

Its 0.06% expense ratio is the 3rd lowest in the dividend ETF universe behind only the 0.05% fee levels of the iShares Core Dividend ETF (DIVB) and the relatively new SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG).

Vanguard High Dividend Yield ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, VYM is an excellent option for investors seeking exposure to the Style Box - Large Cap Value segment of the market.

In the last 30 Years, the Vanguard High Dividend Yield (VYM) ETF obtained a 9.75% compound annual return, with a 14.58% standard deviation.

Key Takeaways. Vanguard is a large investment advisor offering mutual funds and ETFs, many of which pay dividends. Most of Vanguard's ETF products pay monthly or quarterly dividends. Expense ratios are the fees investors pay for investing in a fund; the lower the better.

The Vanguard REIT Index Fund pays quarterly distributions consisting of dividend income, return of capital, and capital gains.

VHYAX pays a dividend of $0.2 per share. VHYAX's annual dividend yield is 2.98%. When is Vanguard High Dividend Yield Index Fund Admiral Shares ex-dividend date? Vanguard High Dividend Yield Index Fund Admiral Shares's previous ex-dividend date was on Mar 15, 2024.