
Vanguard Dividend Appreciation Index Fund ETF Shares
VIGETF · ETF · quarterly payer
Forward Yield
1.47%
Annual Dividend
$3.65
Payout Ratio
—
5-Yr Growth
9.1%
Ex-Date
—
Frequency
Quarterly
Key facts about VIG's dividend
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) has a forward dividend yield of 1.47%, based on an annual dividend of $3.65 per share and a share price of $247.76.
- As of Nov 2, 2026, VIG's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) has raised its dividend for 16 consecutive years as of Nov 2, 2026.
- VIG last cut its regular dividend in 2016.
- VIG's most recent ex-dividend date was Sep 28, 2026, for a dividend of $0.93 per share.
- VIG's dividend has grown at an average rate of 9.1% a year over the past five years.
- As of Nov 2, 2026, VIG's 1.47% yield is 20% below its five-year average yield of 1.84%.
- As of Nov 2, 2026, SmarterDividends' blended fair-value estimate for VIG is $77.52 per share, 69% below the $247.76 share price, so VIG screens as overvalued.
- Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "VIG Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 2, 2026, https://smarterdividends.com/stocks/VIG
Summary
As of Nov 2, 2026, Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) yields 1.47% ($3.65 a year per share), has a dividend safety grade of B (76/100) and has 16 consecutive years of dividend increases on record.
Is VIG a good dividend stock?
YesVanguard Dividend Appreciation Index Fund ETF Shares (VIG) pays a quarterly dividend yielding 1.47% ($3.65/yr), with 16 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Strong 9.1% 5-yr dividend growth
- 53% total price return over 5 years
Risks
- Cut its dividend in 2016
Key Data
- Dividend Yield
- 1.47%
- Payout Ratio
- —
- Annual Dividend
- $3.65
- 5-Yr Avg Growth
- 9.1%
- Ex-Dividend Date
- —
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 25.9
- 5-Yr Total Return
- 53%
- 52-Week Range
- $210.01 – $250.19
- Dividend Safety
- B · 76/100
- Ever Cut?
- Yes (2016)
VIG dividend distribution changes
Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) has made 82 distributions since 2006; 45 were higher than the one before and 14 lower, as fund payouts track the income earned.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 28, 2026 | Higher | $0.833 → $0.930 | +11.6% |
| Mar 27, 2026 | Lower | $0.884 → $0.833 | −5.8% |
| Dec 22, 2025 | Higher | $0.865 → $0.884 | +2.2% |
| Jun 30, 2025 | Lower | $0.938 → $0.871 | −7.1% |
| Mar 27, 2025 | Higher | $0.876 → $0.938 | +7.1% |
| Dec 23, 2024 | Higher | $0.835 → $0.876 | +4.9% |
| Sep 27, 2024 | Higher | $0.769 → $0.835 | +8.6% |
| Jun 29, 2023 | Higher | $0.749 → $0.773 | +3.2% |
| Mar 24, 2023 | Higher | $0.715 → $0.749 | +4.8% |
| Sep 19, 2022 | Higher | $0.695 → $0.715 | +2.9% |
| Jun 21, 2022 | Higher | $0.694 → $0.695 | +0.1% |
| Sep 20, 2021 | Higher | $0.675 → $0.700 | +3.7% |
Frequently Asked Questions
Is VIG a good dividend stock?
Yes. Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) pays a quarterly dividend yielding 1.47% ($3.65/yr), with 16 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is VIG undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, VIG's fair value is about $77.52 versus a $247.76 share price — so it looks overvalued (-69% vs. fair value).
Is VIG's dividend safe?
VIG has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a dividend cut in 2016, debt and yield-versus-history.
What is VIG's fair value?
Our blended fair-value estimate for VIG is about $77.52 per share, about 69% below the current $247.76 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is VIG a buy, hold, or sell?
We don't issue formal ratings, but on the data VIG screens as "yes" and overvalued. Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) pays a quarterly dividend yielding 1.47% ($3.65/yr), with 16 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will VIG cut its dividend?
VIG earns a dividend-safety grade of B (76/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does VIG pay a dividend?
Yes. Vanguard Dividend Appreciation Index Fund ETF Shares pays a quarterly dividend of about $3.65 per share annually, a forward yield of roughly 1.47%.
What is VIG's dividend yield?
As of Nov 2, 2026, VIG's forward dividend yield is 1.47%, based on a $3.65 annual dividend and a $247.76 share price.
What is VIG's dividend per share?
As of Nov 2, 2026, VIG pays $3.65 per share per year, distributed on a quarterly basis.
How many years has VIG grown its dividend?
As of Nov 2, 2026, VIG has increased its dividend for 16 consecutive years.
When is the next VIG ex-dividend date?
As of Nov 2, 2026, VIG's next ex-dividend date hasn't been announced. The most recent was Sep 28, 2026, for $0.93 per share.
VIG Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
+51%
5 Years
+53%
52-Week Range
$210.01 – $250.19
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is VIG worth?
Overvaluedlow confidenceOur blended fair-value estimate for Vanguard Dividend Appreciation Index Fund ETF Shares is $77.52 per share, versus a market price of $247.76. That implies 69% of downside.
Fair Value
$77.52
Current Price
$247.76
Downside
-69%
Margin of Safety
-220%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 8.7% growth for five years fading to 2.5% over the next five, $3.65 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
VIG Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full VIG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 28, 2026 | Sep 30, 2026 | $0.9300 | regular |
| Jun 26, 2026 | Jun 30, 2026 | $0.9990 | regular |
| Mar 27, 2026 | Mar 31, 2026 | $0.8330 | regular |
| Dec 22, 2025 | Dec 24, 2025 | $0.8840 | regular |
| Sep 29, 2025 | Oct 1, 2025 | $0.8650 | regular |
| Jun 30, 2025 | Jul 2, 2025 | $0.8710 | regular |
| Mar 27, 2025 | Mar 31, 2025 | $0.9380 | regular |
| Dec 23, 2024 | Dec 26, 2024 | $0.8760 | regular |
| Sep 27, 2024 | Oct 1, 2024 | $0.8350 | regular |
| Jun 28, 2024 | Jul 2, 2024 | $0.8990 | regular |
| Mar 22, 2024 | Mar 27, 2024 | $0.7690 | regular |
| Dec 21, 2023 | Dec 27, 2023 | $0.9160 | regular |
| Sep 28, 2023 | Oct 3, 2023 | $0.7710 | regular |
| Jun 29, 2023 | Jul 5, 2023 | $0.7730 | regular |
Income Calculator
At $3.65 / yr per share
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