VYM Ex-Dividend Date & Dividend Calculator

Vanguard High Dividend Yield ET (VYM) is a high-yield quarterly name at a dividend yield of 2.2%. A stable business base and free cash flow (FCF) are what sustain a high payout, and an excessively high payout ratio carries dividend-cut risk.

When investing in high-yield names, check dividend safety (a dividend safety score) and the last 5 years of payment history, not just the headline yield. See the complete dividend-types guide and DCA vs. lump-sum investing.

Product structure — VYM is a broad index-tracking ETF holding high-dividend names. It holds a basket of high-yield names under index rules, so one holding cutting its dividend doesn't shake the whole fund.

Payout mechanics — Paid quarterly, with a current yield of 2.2% (as of 2026.09.06). Per-payment amounts has stayed fairly steady payment to payment (variability score 0.06). VYM falls under the variable-dividend cutoff, making it relatively more predictable. The per-payment amount is about $0.9800, paid roughly 4 times a year. This figure is recalculated every period, so it isn't guaranteed to hold going forward — it's a reference point based on past payment history. VYM's $0.9800 per-payment figure is a snapshot, not a recommendation — weigh it against your own research before acting.

Risk to watch — A higher yield often has a specific reason behind it — payout ratio or business-model pressure — so it's worth looking past the headline number. We don't have an official ex-dividend announcement for the next payment, so 2026-09-17 is our best estimate based on the historical payment cadence. Read the high-yield ETF tax guide and the complete dividend-types guide, then check the 5-year simulator. When making decisions about VYM, it's safer to treat the $0.9800 figure above as one reference among several rather than the sole basis.

Summary — Vanguard High Dividend Yield ET pays $0.9800 per quarterly period. At 4 payments a year that annualizes to roughly $3.92, a simple projection that assumes no change to the current payment. Taken together with the card above, the fact that VYM's payments has stayed fairly steady payment to payment (variability score 0.06) rounds out the picture. As always, treat every figure here as a point-in-time snapshot. VYM holders should watch which direction the $0.9800 per-payment figure moves over time — a trend across several payments matters more than any single number.