About Vanguard Developed Markets Index Fund Admiral Shares (VTMGX) — Dividend Analysis 2026
This index fund provides investors low-cost, diversified exposure to large-, mid-, and small-capitalization companies in developed markets outside of the United States. Since its focus is on non-U.S. stocks, the fund can be more volatile than a domestic fund. In addition to stock market risk, the fund is also subject to currency risk and because the fund may invest a large portion of its assets in securities of companies located in any one country or region, its performance may be hurt disproportionately by the poor performance of its investments in that area. Long-term investors may wish to consider this fund as a complement to a well-balanced domestic equity portfolio.
Is VTMGX a good dividend investment in 2026?
VTMGX offers a 3.01% forward yield with a 50% payout ratio. Strand Safety Score: N/A. The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
VTMGX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your VTMGX portfolio grows to $13.4K vs $13.0K without reinvestment. This is the compound interest effect in action.
VTMGX dividend growth history & forecast
VTMGX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.01%.
ETFs do not file income statements or cash flow statements. Their dividend safety depends on the underlying index quality, fund methodology, and holdings composition. Use the Holdings page to analyze individual stocks in this fund.
🌍 VTMGX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold VTMGX.
Gross yield
3.01%
Tax rate
15.00%
After-tax yield
2.56%
Real yield (−CPI)
-0.24%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.01%
0.21%
$301 / yr
🇺🇸 US Taxable (15%) ✓
15%
2.56%
-0.24%
$256 / yr
🇺🇸 US Taxable (20%)
20%
2.41%
-0.39%
$241 / yr
🇬🇧 UK ISA
0%
3.01%
0.21%
$301 / yr
🇬🇧 UK Taxable
8.75%
2.75%
-0.05%
$275 / yr
🇨🇦 TFSA
0%
3.01%
0.21%
$301 / yr
🇨🇦 CA Taxable
25%
2.26%
-0.54%
$226 / yr
🇦🇺 Super (pension)
15%
2.56%
-0.24%
$256 / yr
🇦🇺 AU Taxable
30%
2.11%
-0.69%
$211 / yr
🇩🇪 DE Taxable
26.375%
2.22%
-0.58%
$222 / yr
🇫🇷 FR Taxable
30%
2.11%
-0.69%
$211 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 VTMGX Income Goal & Break-Even
Dividend Break-Even
40yr
Years for dividends to fully repay your VTMGX investment of $19.94/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$2.9K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$397.55
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in VTMGX for:
Shares needed
47,106
Capital required
$939,294
Monthly income
$2,000
Based on current dividend of $0.60/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 VTMGX Dividend Payment Schedule
VTMGX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.27 / payment
$5.09 / year after tax
100 shares
$12.74 / payment
$50.95 / year after tax
1,000 shares
$127.37 / payment
$509.49 / year after tax
📊 VTMGX vs Financial Services Benchmarks
How VTMGX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+0.11% vs sectorBetter
VTMGX
3.01%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
VTMGX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
VTMGX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for VTMGX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ VTMGX Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the VTMGX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →