Vanguard Morningstar Mega Cap Value ETF (MGV) Dividend History

DivTrkr holds 73 recorded MGV dividend payments, running from March 25, 2008 to June 26, 2026 — 19 calendar years. Together those payments total $33.74 per share. MGV has most often paid quarterly.

MGV's payment rate did not increase in the most recent complete year, so its growth streak currently stands at zero.

Over the last five complete years the MGV payment rate compounded at +6.1% a year, and +6.4% a year over the last ten. That is what the payments actually did; it is not a forecast.

Across 19 years of recorded history, MGV's payment rate has never fallen materially from one complete year to the next.

MGV is a fund, so its distribution is set from what the strategy earned in the period rather than by a board committing to a rate — payments move around by design. Only declines steeper than 25% are treated as material here, because smaller swings are routine rather than a change of policy.

MGV dividends by year

YearTotal paid per sharePaymentsMedian paymentGrowth
2025$2.884$0.694-4.2%
2024$2.884$0.724+7.6%
2023$2.714$0.673+5.7%
2022$2.524$0.637+9.0%
2021$2.324$0.585+13.2%
2020$2.144$0.516-11.8%
2019$2.344$0.585+21.6%
2018$1.894$0.482+8.7%
2017$1.794$0.443+8.4%
2016$1.704$0.408+9.2%
2015$1.534$0.374
2014$0.9713 (timing)$0.316
2013$1.264$0.307+3.9%
2012$1.204$0.295+14.5%
2011$1.054$0.258+13.7%
2010$0.9164$0.227-10.3%
2009$1.054$0.253-4.7%
2008$1.064$0.266

How this growth is measured

Year-over-year growth here compares each year's median payment with the year before, not the calendar-year total. Ex-dividend dates drift, so a quarterly payer can book five ex-dates in one calendar year and four in the next. Comparing raw yearly totals would show a phantom cut of around 25% in a year where the company did nothing but pay slightly earlier. Using the median payment removes that distortion, and also ignores one-off special dividends.

Years marked “timing” booked a different number of payments than MGV's usual cadence, so their total is not directly comparable with neighbouring years.

Recent MGV dividend payments

Ex-dividend dateAmount per share
June 26, 2026$0.732
March 27, 2026$0.795
December 22, 2025$0.817
September 29, 2025$0.703
June 30, 2025$0.678
March 27, 2025$0.684
December 23, 2024$0.725
September 26, 2024$0.723
June 27, 2024$0.734
March 21, 2024$0.698
December 21, 2023$0.769
September 21, 2023$0.685
June 23, 2023$0.661
March 23, 2023$0.593
December 22, 2022$0.702
September 28, 2022$0.677
June 23, 2022$0.597
March 24, 2022$0.547
December 27, 2021$0.657
September 29, 2021$0.622
June 24, 2021$0.547
March 26, 2021$0.494
December 24, 2020$0.651
September 11, 2020$0.457
June 25, 2020$0.526
March 26, 2020$0.507
December 24, 2019$0.599
October 1, 2019$0.575
June 27, 2019$0.573
March 25, 2019$0.596
December 24, 2018$0.514
September 28, 2018$0.502
June 28, 2018$0.461
March 22, 2018$0.415
December 26, 2017$0.473
September 27, 2017$0.512
June 23, 2017$0.413
March 29, 2017$0.394
December 20, 2016$0.492
September 20, 2016$0.431
June 21, 2016$0.386
March 21, 2016$0.386
December 17, 2015$0.431
September 21, 2015$0.388
June 22, 2015$0.360
March 23, 2015$0.348
September 22, 2014$0.353
June 23, 2014$0.316
March 24, 2014$0.302
December 20, 2013$0.371
September 23, 2013$0.310
June 24, 2013$0.304
March 22, 2013$0.275
December 20, 2012$0.347
September 24, 2012$0.305
June 25, 2012$0.286
March 26, 2012$0.258
December 21, 2011$0.323
September 23, 2011$0.276
June 24, 2011$0.240

Showing the 60 most recent of 73 recorded payments. The full log is on the page.

MGV dividend history questions

How many dividends has MGV paid?

DivTrkr has 73 recorded MGV dividend payments between March 25, 2008 and June 26, 2026, totalling $33.74 per share across 19 calendar years.

Has MGV ever cut its dividend?

Not in the history DivTrkr holds. Across 19 years of recorded payments the per-payment rate has never fallen by a material amount from one complete year to the next.

How fast is the MGV dividend growing?

The MGV payment rate compounded at +6.1% a year over the last five complete years and +6.4% a year over the last ten.

How often does MGV pay a dividend?

MGV has most often paid quarterly — 4 payments a year. Individual years can show a different count when an ex-date drifts across a year boundary.

See the current MGV dividend yield and next ex-dividend date, or track MGV free with DivTrkr to see what this history pays on your own share count.