Vanguard Dividend Appreciation ETF (VIG): Exploring Dividend History, ETF Shares, and More
VIG - Market Position
| Ticker Symbol | Product Type | Asset Class | Strategy | Payment Frequency | Geographic Focus | Expense Ratio | Sponsor |
|---|---|---|---|---|---|---|---|
| VIG | ETF | Equity Dividend ETF | Dividend Appreciation | Quarterly | US | 0.06% | Vanguard |
VIG Overview - The Vanguard Dividend Appreciation ETF
The Vanguard Dividend Appreciation ETF (VIG) is an index fund that seeks to track the performance of the Dividend Achievers Select Index. It aims to provide income through dividends that exceed the average yield of U.S. stocks while offering opportunities for growth consistent with common stock investing. The fund invests in equity securities of companies with consistent dividend growth and market capitalizations typically greater than $3 billion.
VIG's objective is to provide exposure to U.S. stocks that have a history of increasing dividends over time. As of the latest available data, VIG had an expense ratio of 0.06%. Investors can track VIG's performance and dividend history through platforms like Morningstar and TipRanks.
While past performance is not indicative of future results, VIG's focus on dividend growth may appeal to investors seeking both income stability and long-term capital appreciation.
VIG - Price / Yield
VIG - Portfolio and Asset Allocation
The Vanguard Dividend Appreciation ETF (VIG) is a fund that specializes in large-cap, dividend-paying stocks across various sectors. Its portfolio comprises a diverse mix of companies from industries like technology (Microsoft Corp.), financials (JPMorgan Chase & Co.), (Visa Inc.), consumer staples (Procter & Gamble Company), and consumer cyclicals (Home Depot).
VIG's asset allocation strategy emphasizes diversification, with significant allocations in sectors like Technology (22.20%) and Financials (20.15%), followed by Consumer Defensive (9.26%) and Consumer Cyclical (8.80%). This approach aims to balance income generation and potential growth while managing risk through exposure to various industries.
Top holdings like Microsoft Corp. and Visa Inc. underscore VIG's focus on established, dividend-paying companies with strong market positions. These companies typically offer consistent dividend payouts and are perceived as stable investments.
While VIG maintains exposure to sectors like Communication Services (1.03%) and Energy (3.20%), its relatively lower allocations in these sectors indicate a cautious approach to potential risk exposure.
Top 10 Holdings
As of April 25, 2024, the top 10 holdings of the Vanguard Dividend Appreciation ETF (VIG) are:
| Name | Weight |
|---|---|
| Microsoft Corp. | 4.02% |
| Apple Inc. | 3.68% |
| Broadcom Inc. | 3.36% |
| JPMorgan Chase & Co. | 3.34% |
| Exxon Mobil Corp. | 2.69% |
| Unitedhealth Group Inc. | 2.64% |
| Visa Inc. | 2.43% |
| Mastercard Inc | 2.30% |
| Procter & Gamble Company | 2.21% |
| Home Depot | 2.21% |
Asset Allocation
The Vanguard Dividend Appreciation ETF (VIG) has the following asset allocation as of April 25, 2024:
| Sector | Weight |
|---|---|
| Technology | 22.20% |
| Financial | 20.15% |
| Healthcare | 16.34% |
| Industrials | 12.64% |
| Consumer Defensive | 9.26% |
| Consumer Cyclical | 8.80% |
| Basic Materials | 4.36% |
| Energy | 3.20% |
| Utilities | 2.02% |
| Communication Services | 1.03% |
| General | 0.01% |
Dividend Yield and Distribution History
| Section | Details |
|---|---|
VIG Dividend Data |
The Vanguard Dividend Appreciation ETF (VIG) pays quarterly dividends. The most recent ex-dividend date was on March 22, 2024, with a dividend payment of $0.7692 per share on March 27, 2024. |
VIG Dividend Yield |
As of April 24, 2024, the dividend yield for VIG is 1.83%. This means that for every $100 invested in the fund, investors would receive $1.83 in dividends per year, assuming the yield remains constant. |
VIG Dividend History |
VIG has a history of paying quarterly dividends. The dividend payments may fluctuate based on the performance of the underlying dividend-paying stocks held by the fund. |
VIG Dividend Growth |
VIG's dividend payments are dependent on the dividend growth and performance of the underlying stocks in the fund's portfolio. The fund's investment strategy focuses on companies with a history of consistent dividend growth, which may contribute to increasing dividend payments over time. However, dividend growth is not guaranteed. |
VIG Dividend Stability |
VIG aims to provide a relatively stable income stream by investing in high-quality, dividend-paying stocks of larger U.S. companies. However, the dividend payments are not guaranteed and may be affected by changes in market conditions or the performance of the underlying stocks in the fund's portfolio. |
VIG - Chart
VIG - Comparative Analysis
Let's compare VIG with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of Apr 2024)
| VIG | SDY | DVY | |
|---|---|---|---|
| Investment Focus | High-quality, dividend-paying stocks of larger U.S. companies | Dividend Aristocrats Index, emphasizing companies with a history of dividend growth | Select Dividend Index, focusing on high dividend-paying U.S. equities |
| Current Yield | 2.06% | 2.50% | 2.96% |
| Expense Ratio | 0.06% | 0.35% | 0.39% |
| Investment Strategy | Tracks the performance of the NASDAQ US Dividend Achievers Select Index | Tracks the S&P High Yield Dividend Aristocrats Index | Tracks the Dow Jones U.S. Select Dividend Index |
| Strengths | Low expense ratio, focus on dividend consistency and growth | Emphasis on companies with a history of dividend growth | Focus on high dividend-paying U.S. equities |
| Weaknesses | May lag behind in high-dividend yield compared to SDY and DVY | Higher expense ratio compared to VIG and DVY | May have less emphasis on dividend growth compared to SDY |
Dividend History (Last 5 distributions)
| Ex-Dividend Date | Cash Amount | Record Date | Pay Date |
|---|---|---|---|
| Mar 21, 2024 | $0.77 | Mar 24, 2024 | Mar 26, 2024 |
| Dec 20, 2023 | $0.92 | Dec 21, 2023 | Dec 26, 2023 |
| Sep 28, 2023 | $0.77 | Sep 29, 2023 | Oct 03, 2023 |
| Jun 29, 2023 | $0.77 | Jun 30, 2023 | Jul 05, 2023 |
| Mar 23, 2023 | $0.75 | Mar 27, 2023 | Mar 29, 2023 |
News
Technical Analysis
Additional Information and Risks
The Vanguard Dividend Appreciation ETF (VIG) is designed to provide investors with exposure to the performance of the S&P U.S. Dividend Growers Index. This index comprises common stocks of companies that have a record of increasing dividends over time. VIG seeks to replicate the target index by investing in a diversified portfolio of stocks that meet specific criteria for dividend growth and stability.
As an ETF, VIG offers investors the opportunity to participate in the growth potential of dividend-paying stocks while providing capital gains and dividend income. The fund's share price fluctuates based on the performance of the underlying stocks and the overall market conditions.
Investors should note that while VIG aims to track the performance of the index, there is no guarantee of future results. The fund's returns may vary relative to the index, and its principal value will fluctuate. Additionally, VIG does not invest in preferred stocks and may not replicate the index's performance exactly due to factors such as management fees and expenses.
It's important for investors to conduct their own research and consider their investment objectives before investing in VIG or any other ETF. The information contained herein is for informational purposes only and should not be construed as investment advice.