Not all mutual funds distribute dividends on a quarterly or semiannual basis. Some dividends are issued monthly or annually. See our distributions page for a complete list of each fund’s distribution frequency.

Each fund’s per-share dividend rate is posted on the vanguard.com distributions page on the fund’s declaration date. Once the distribution amount is posted, you can log on to your account and view dividends for funds you own. The record date, payable date, reinvestment date, and other fund dividend information is also available.

Don’t “buy a dividend”

Thinking about purchasing a stock or mutual fund just to get the dividend? Before you do, consider these points:

  • Dividends are announced several days or weeks before they’re paid. It could seem like a good idea to buy shares of a stock or fund just in time to get the dividend payment—but in many cases, it’s not.
  • If you’re investing through a tax-deferred account, dividends won’t impact your tax situation. But if you’re investing through a taxable account, these dividend payments will lead to additional taxes for you.
  • When a fund pays a dividend, its share price may drop that day, even if the broader market rises. 

Learn more about buying a dividend >> 


Declaration date: June 14, 2018

Vanguard fund

Share class(es)

Vanguard Convertible Securities Fund

Investor

Vanguard Dividend Growth Fund

Investor

Vanguard Equity Income Fund

Investor, Admiral™

Vanguard Extended Duration Treasury Index Fund

Institutional, Institutional Plus, ETF

Vanguard Global Wellesley® Income Fund

Investor, Admiral

Vanguard Global Wellington™ Fund

Investor, Admiral

Vanguard Growth and Income FundInvestor, Admiral
Vanguard Inflation-Protected Securities FundInvestor, Admiral, Institutional
Vanguard Institutional Index FundInstitutional, Institutional Plus
Vanguard Institutional Target Retirement Income Fund

 Institutional

Vanguard LifeStrategy® Conservative Growth Fund

Investor

Vanguard LifeStrategy Growth Fund

Investor

Vanguard LifeStrategy Income Fund

Investor

Vanguard LifeStrategy Moderate Growth Fund

Investor

Vanguard Real Estate Index Fund

Investor, Admiral, Institutional, ETF

Vanguard Real Estate II Index Fund

 Institutional Plus

Vanguard Short-Term Inflation-Protected Securities Index Fund

 Investor, Admiral, Institutional, ETF

Vanguard STAR® Fund

Investor

Vanguard Target Retirement Income Fund

Investor

Vanguard Tax-Managed Small-Cap Fund

Admiral, Institutional

Vanguard Wellesley Income FundInvestor, Admiral
Vanguard Wellington Fund

Investor, Admiral

Vanguard Windsor™ Fund

Investor, Admiral

Vanguard Windsor II Fund

Investor, Admiral


Declaration date: June 20, 2018

Vanguard fund

Share class(es)

Vanguard Balanced Index Fund

Investor, Admiral, Institutional

Vanguard Developed Markets Index Fund

Investor, Admiral, Institutional, Institutional Plus

Vanguard Emerging Markets Stock Index Fund

Investor, Admiral, Institutional, Institutional Plus

Vanguard European Stock Index Fund

Investor, Admiral, Institutional, Institutional Plus

Vanguard FTSE All-World ex-US Index Fund

Investor, Admiral, Institutional, Institutional Plus, ETF

Vanguard FTSE All-World ex-US Small-Cap Index Fund

Investor, Institutional, ETF

Vanguard FTSE Developed Markets ETF

ETF

Vanguard FTSE Emerging Markets ETF

ETF

Vanguard FTSE Europe ETF

ETF

Vanguard FTSE Pacific ETF

ETF

Vanguard Growth Index Fund

Investor, Admiral, Institutional, ETF

Vanguard High Dividend Yield Index Fund

Investor, ETF

Vanguard Institutional Total Stock Market Index Fund

Institutional, Institutional Plus

Vanguard International High Dividend Yield Index Fund

Investor, Admiral, ETF

Vanguard Large-Cap Index Fund

Investor, Admiral, Institutional, ETF

Vanguard Mid-Cap Growth Index Fund

Investor, Admiral, ETF

Vanguard Mid-Cap Index Fund

Investor, Admiral, Institutional, Institutional Plus, ETF

Vanguard Mid-Cap Value Index Fund

Investor, Admiral, ETF

 Vanguard Pacific Stock Index Fund

Investor, Admiral, Institutional, Institutional Plus

Vanguard Small-Cap Growth Index Fund

Investor, Admiral, Institutional, ETF

Vanguard Small-Cap Index Fund

Investor, Admiral, Institutional, Institutional Plus, ETF

Vanguard Small-Cap Value Index FundInvestor, Admiral, Institutional, ETF
Vanguard Total International Stock Index FundInvestor, Admiral, Institutional, Institutional Plus, Institutional Select, ETF

Vanguard Total Stock Market Index Fund

Investor, Admiral, Institutional, Institutional Plus, Institutional Select, ETF

Vanguard Total World Stock Index FundInvestor, Institutional, ETF
Vanguard Value Index FundInvestor, Admiral, Institutional, ETF

Declaration date: June 26, 2018

Vanguard fund

Share class(es)

Vanguard 500 Index Fund

Investor, Admiral, Institutional Select, ETF

Vanguard Communication Services Index Fund

Admiral, ETF

Vanguard Consumer Discretionary Index Fund

Admiral, ETF

Vanguard Consumer Staples Index Fund

Admiral, ETF

Vanguard Dividend Appreciation Index Fund

Investor, Admiral, ETF

Vanguard Energy Index Fund

Admiral, ETF

Vanguard Extended Market Index Fund

Investor, Admiral, Institutional, Institutional Plus, Institutional Select, ETF

Vanguard Financials Index FundAdmiral, ETF
Vanguard FTSE Social Index FundInvestor, Institutional

Vanguard Global ex-U.S. Real Estate Index Fund

Investor, Admiral, Institutional, ETF

Vanguard Health Care Index FundAdmiral, ETF

Vanguard Industrials Index Fund

Admiral, ETF

Vanguard Information Technology Index FundAdmiral, ETF

 

Vanguard International Dividend Appreciation Index Fund

Investor, Admiral, ETF

Vanguard Materials Index FundAdmiral, ETF
Vanguard Mega Cap Growth Index Fund

Institutional, ETF

Vanguard Mega Cap Index Fund

Institutional, ETF

Vanguard Mega Cap Value Index Fund

Institutional, ETF

Vanguard Russell 1000 Growth Index Fund

Institutional, ETF

Vanguard Russell 1000 Index Fund

Institutional, ETF

Vanguard Russell 1000 Value Index Fund

Institutional, ETF

Vanguard Russell 2000 Growth Index Fund

Institutional, ETF

Vanguard Russell 2000 Index Fund

Institutional, ETF

Vanguard Russell 2000 Value Index Fund

Institutional, ETF

Vanguard Russell 3000 Index Fund

Institutional, ETF

Vanguard S&P 500 Growth Index Fund

Institutional, ETF

Vanguard S&P 500 Value Index Fund

Institutional, ETF

Vanguard S&P Mid-Cap 400 Index Fund

Institutional, ETF

Vanguard S&P Small-Cap 600 Growth Index Fund

Institutional, ETF

Vanguard S&P Small-Cap 600 Value Index Fund

Institutional, ETF

Vanguard Tax-Managed Balanced Fund

Admiral

Vanguard Tax-Managed Capital Appreciation Fund

Admiral, Institutional

Vanguard U.S. Liquidity Factor ETF

ETF

Vanguard U.S. Minimum Volatility ETF

ETF

Vanguard U.S. Momentum Factor ETF

ETF

Vanguard U.S. Multifactor Fund

Admiral, ETF

Vanguard U.S. Quality Factor ETF

ETF

Vanguard U.S. Value Factor ETF

ETF

Vanguard Utilities Index Fund

Admiral, ETF


Notes:

All investing is subject to risk, including the possible loss of the money you invest.

Past performance cannot be used to predict future returns.

You must buy and sell Vanguard ETF Shares through Vanguard Brokerage Services (we offer them commission-free) or through another broker (which may charge commissions). See the Vanguard Brokerage Services commission and fee schedules for limits. Vanguard ETF Shares are not redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars. ETFs are subject to market volatility. When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.

We recommend that you consult a tax or financial advisor about your individual situation.