Vanguard High Dividend Yield (VYM) – 18% More Of A Reason To Invest!

Vanguard, one of the world’s biggest investment management companies – at over $6 trillion of assets under management, just released their distributions for Quarter 1 2021.

The community should know this, but I’ve been heavily investing in Vanguard’s High Dividend Yield ETF (VYM) for the better part of 7+ months.  The dividend increase news had a tremendous impact on not just my passive income source – in terms of dividend income – but solidifies my investment strategy going forward!  Let’s see why.

Vanguard High Dividend Yield (VYM) ETF Dividend INcrease

Vanguard recently released, as they do each quarter, the distribution list for their exchange-traded funds (ETFs) and mutual funds.  Obviously, I have a deep interest into Vanguard’s High Dividend Yield ETF (VYM).

Vanguard’s first-quarter dividend for 2021 is in the amount of $0.65640. This is far superior than the first quarter for 2020, which had the amount of $0.55440.  See the distribution chart below, directly from Vanguard’s VYM page:

Do you see what % of an increase that equates to?  We are talking about 18.4% baby! Obviously, that is only for one quarter, therefore, someone could argue, you could multiply that by 25%, for just one quarter’s worth of an increase.

This could be representing significant, positive signs for investors and dividend investors alike. 2021 has been a great year for dividend increases and if Vanguard’s exchange-traded fund is an indication, the next 9 months will be very exciting!

You may be wondering – what is the impact to my dividend stock portfolio?  Here is how many shares I own:

Therefore, the impact at 116 shares for a 10 cent increase was approximately $11.83 to my forward income in my taxable stock brokerage account.  I also own shares (106) in my IRA account, therefore, a nice little bump was received there as well.

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Disclaimer: I do not recommend any decision to the reader or any user, please consult your own research. Thank you.

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