Vanguard Morningstar Mega Cap Value ETF (MGV) Dividend
Vanguard Morningstar Mega Cap Value ETF (MGV) currently pays a dividend yield of 1.73%, distributing $2.91 per share annually ($0.73 per quarter). The company operates in the Diversified Fund sector.
MGV dividend at a glance
| Dividend Yield | 1.73% |
|---|---|
| Annual Dividend | $2.91 per share |
| Per Payment | $0.73 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 25, 2026 |
| Next Payment Date | December 28, 2026 |
| Sector | Diversified Fund |
| Implied Share Price (from yield) | $168.32 |
What MGV pays on a $10,000 investment
At a 1.73% yield, $10,000 invested in MGV generates about $173.00 per year, or roughly $43.25 every quarter. Share counts below use an implied price of $168.32, derived from the $2.91 annual dividend and the 1.73% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 5.9 | $17.30 | $4.33 |
| $5,000 | 29.7 | $86.50 | $21.63 |
| $10,000 | 59.4 | $173.00 | $43.25 |
| $25,000 | 148.5 | $432.50 | $108.13 |
| $100,000 | 594.1 | $1,730.00 | $432.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
MGV dividend payment schedule
MGV pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 25, 2026, with payment on December 28, 2026. Later rows are projected forward at the same interval and will shift when Vanguard Morningstar Mega Cap Value ETF declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 25, 2026 | December 28, 2026 | $0.73 | Confirmed |
| March 25, 2027 | March 28, 2027 | $0.73 | Projected |
| June 25, 2027 | June 28, 2027 | $0.73 | Projected |
| September 25, 2027 | September 28, 2027 | $0.73 | Projected |
To collect a MGV dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How MGV's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.71%. MGV's 1.73% is 1.98 percentage points below that median, ranking 726th of 1000 by yield.
Within Diversified Fund, where we track 228 names, the median yield is 3.78% — putting MGV below its sector.
What the numbers mean
Like most US dividend payers, MGV distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
MGV dividend FAQ
When is the next MGV ex-dividend date?
The next MGV ex-dividend date is December 25, 2026, with the payment scheduled for December 28, 2026. You must own shares before the ex-dividend date to receive that payment.
What is MGV's dividend yield?
MGV currently yields 1.73%, based on $2.91 in dividends per share over the past year.
How often does MGV pay dividends?
MGV pays quarterly, which works out to 4 payments per year of about $0.73 per share.
How much dividend income would $10,000 of MGV generate?
At the current 1.73% yield, $10,000 invested in MGV would produce roughly $173.00 per year, or about $43.25 per quarter, before taxes and assuming the dividend holds.
Is MGV a Dividend Aristocrat?
No. MGV is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
MGV dividend history
DivTrkr holds 74 recorded MGV dividend payments going back to 2008 and +6.1% a year of growth over the last five complete years. See the full MGV dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Diversified Fund dividend payers
- HOOW — Roundhill HOOD WeeklyPay ETF dividend (106.59%)
- INYY — Yieldmax Intc Option Income Strategy ETF dividend (100.59%)
- MAAY — GraniteShares YieldBOOST MARA ETF dividend (99.47%)
- RTYY — GraniteShares YieldBOOST RIOT ETF dividend (94.85%)
- COIW — Roundhill COIN WeeklyPay ETF dividend (92.12%)
- CWY — GraniteShares YieldBOOST CRWV ETF dividend (85.35%)
- MARO — YieldMax MARA Option Income Strategy ETF dividend (84.38%)
- SMCY — YieldMax SMCI Option Income Str dividend (82.20%)
Similar yields to MGV
- DGRO — iShares Core Dividend Growth ETF dividend (1.74%)
- HEQT.TO — Global X All-Equity Asset Allocation ETF dividend (1.74%)
- FDX — FedEx Corporation dividend (1.70%)
- CME — CME Group Inc. dividend (1.69%)
- MCSM.TO — Manulife Multifactor Canadian SMID Cap Index ETF dividend (1.77%)
- PAAS — Pan American Silver Corp. dividend (1.77%)
Track MGV dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.