Vanguard's S&P 500 Fund Has Raised Its Payout 71% Since 2016. Its Yield Has Nearly Halved

The Vanguard S&P 500 ETF (NYSEMKT: VOO) paid its shareholders $4. 14 a share in 2016. In 2025, it paid $7. 07. That's a rise of around 71% over nine years, and the fund didn't need to do anything special to earn it.