Dividends for Days: Breaking Down the Vanguard VIG ETF February 8, 2021
Dividend-paying stocks are coming back into style after some turbulence last year, meaning cost-conscious investors may want to revisit a familiar friend in the
VIG seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have a record of increasing dividends over time. The fund employs an indexing investment approach designed to track the performance of the Nasdaq US Dividend Achievers Select Index, which consists of common stocks of companies that have a record of increasing dividends over time.
The requirement for entry into VIG’s underlying index is for companies to meet a minimum dividend increase streak of 10 years.