You Wouldn't Believe How Much Vanguard Dividend Appreciation Has Paid Its Shareholders
Smart investors look closely at dividend-paying stocks, and exchange-traded funds can be a great way to concentrate on the best dividend opportunities in the market. The Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) seeks out high-quality dividend stocks with long track records of dividend growth, and so it's not surprising to see the ETF paying its shareholders more year in and year out.
Yet the pace at which its dividends have grown is impressive, with the fund on track to pay more than $610 million in dividends this year. The dividend ETF remains on an upward track to enjoy continued growth well into the future.
The amount that Vanguard Dividend Appreciation has distributed as dividend payouts to its shareholders has gone up substantially. Looking back over the past 10 years, the fund's popularity shows up clearly in its assets under management, as well as its rising overall dividend payments.
Source: Fool.com
