Latest Dividend Payout from VAS Set for April Release
Investors of the Vanguard Australian Shares Index ETF (VAS) are poised for their upcoming quarterly dividend payout. Here’s the snapshot of what to expect and how to ensure your participation in the dividend distribution.
Event and Key Focus: Upcoming VAS Dividend Distribution
The dividend heavyweight ETF is on the brink of dispensing its next set of earnings to shareholders. This distribution reflects the fund’s performance in the first quarter of 2024.
Top Points to Note:
- Dividend Per Unit: The upcoming dividend is announced at approximately 84.9 cents per unit.
- Improvement: This represents a significant increase compared to last year’s figure of 57.7 cents, marking a 47.1% uptick.
- Yield: With VAS’s unit price at $98.80, the annual dividend yield stands at 3.79%.
- Ex-Distribution Deadline: To be eligible for this dividend, investors must hold VAS units by the ex-distribution date of Tuesday, 2 April. The final day to purchase and still receive the dividend is due to the Easter long weekend.
Insights/Analysis:
For those with an eye on income investment, VAS appears to maintain an attractive quarterly dividend pattern, potentially bolstering the passive earning streams for its shareholders.
Concluding Thought:
As the fund maintains a steady course, investors looking forward to the next payout should mark their calendars and manage their holdings accordingly to partake in the forthcoming distribution.