This Vanguard Fund Has Raised Its Dividend 18 Consecutive Years and Most Retirees Still Don’t Own It

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cash flow.VYM recently increased distributions by 12.56% to $0.9474 per share, continuing a pattern of consistent growth since its 2006 launch.If you're focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it's free today. Read more hereIf you're focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it's free today. Read more hereDividend income can be a great source of income for retirees because dividends provide consistent and predictable cash flow without requiring you to sell assets.Many stable, established companies reward their investors with dividends, and while companies can reduce their dividends, it's not terribly common, so retirees can feel fairly confident that their income isn't going to see many big downward swings if they're getting a good portion of it from dividends.Investing in funds that pay dividends can provide even more reliable income than buying companies that pay high dividends, since the money in the fund is pooled across a mix of different assets. And there's one particular fund retirees may want to take a close look at because of its consistent history of dividend growth and its low expense ratio.  It's a fund many retirees don't yet own, but that they may want to add to their portfolio.Here's what it is.For retirees who are interested in earning stable dividend income, the Vanguard High Dividend Yield ETF (NYSEARCA:VYM) is a great option. The Vanguard High Dividend Yield ETF currently advertises a 2.37% dividend yield as of February 28, 2026, which is a fairly impressive dividend yield. But there's much more to the story.VYM earned some attention when it recently increased its quarterly distributions from  $0.8417 to $0.9474 per share, and while upping the dividend by a dime per share may not seem like much, that amounts to a 12.56% increase.  More importantly, it is far from the first increase. It's part of a consistent pattern of dividend growth. In fact, VYM has increased its dividend from $0.175 at the November 2006 launch to $0.9474 per share today.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersUNH UnitedHealth Group Incorporated 281.36 +4.10 (+1.48%)AVGO Broadcom Inc. 314.43 -0.12 (-0.04%)SPCE Virgin Galactic Holdings, Inc. 3.0700 +0.6100 (+24.80%)AIXI Xiao-I Corporation 0.8038 +0.6731 (+515.00%)BROS Dutch Bros Inc. 53.03 +2.68 (+5.32%)PortfolioSign in to access your portfolioSign inTop gainersSLNO Soleno Therapeutics, Inc. 52.25 +12.76 (+32.31%)CAR Avis Budget Group, Inc. 212.60 +22.18 (+11.65%)BOOT Boot Barn Holdings, Inc. 149.03 +13.87 (+10.26%)KTOS Kratos Defense & Security Solutions, Inc. 74.09 +6.78 (+10.07%)AMPX Amprius Technologies, Inc. 17.56 +1.56 (+9.75%)Top losersAXTI AXT, Inc. 41.99 -10.85 (-20.53%)PAYP PayPay Corporation 18.84 -2.18 (-10.37%)FIGS FIGS, Inc. 13.40 -1.26 (-8.59%)SOC Sable Offshore Corp. 14.18 -1.19 (-7.74%)SEDG SolarEdge Technologies, Inc. 45.09 -3.66 (-7.51%)Most activeNVDA NVIDIA Corporation 177.64 +0.25 (+0.14%)HOLX Hologic, Inc. 76.01 +0.36 (+0.48%)PLUG Plug Power Inc. 2.6900 +0.2800 (+11.62%)NOK Nokia Oyj 8.89 +0.07 (+0.79%)INTC Intel Corporation 50.78 +0.40 (+0.79%)Top economic eventsEarnings eventsMy earnings eventsEarnings events