The final distribution (or dividend) amount that investors in the Vanguard US Total Market Shares Index ETF (ASX: VTS) will receive was announced today.
The ASX VTS exchange-traded fund (ETF) will pay investors 95.19 US cents per ETF unit held on 26 July.
Based on today's exchange rate, that equates to about 143.06 cents per ETF unit held.
If you want to receive the distribution, you better hurry.
Here's what to do if you want the next ASX VTS dividend
The Vanguard US Total Market Shares Index ETF goes ex-dividend tomorrow.
That means you only have today to buy the ETF and become entitled to the next payout.
The record date is 1 July.
Vanguard will convert the distribution amount into Australian currency at the going rate on 22 July.
What is the ASX VTS?
The ASX VTS gives Australian investors exposure to the entire US share market of about 3,719 companies.
It does so by seeking to mirror the performance of the CRSP US Total Market Index (NASDAQ: CRSPTM1) before fees.
This means ASX investors gain exposure to lots of the world's best companies in a single trade.
They include the Magnificent Seven stocks, which are Microsoft, Apple, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla.
Investors also gain access to other leading stocks.
They include Warren Buffett's Berkshire Hathaway and GLP-1 medicine maker Eli Lilly And Co (NYSE: LLY), which is tipped to become the world's first trillion-dollar healthcare stock soon.
The index also includes many small-caps and micro-caps, which can deliver higher growth (but involve more risk).
The ETF is comprised of 32% technology stocks, 14% consumer discretionary stocks, 13% industrials, 12% healthcare shares, 11% financial shares, and small exposures to other sectors.
The ASX VTS is also exposed to the US currency as there is no hedging to the Australian dollar.
The ASX VTS is one of the top 10 cheapest ETFs on the market in terms of fees. Its management expense ratio (MER) is just 0.03%.
According to Vanguard, the ASX VTS currently has a price-to-earnings (P/E) ratio of 25.11x and a price-to-book (P/B) ratio of 4.08x.
It has a return on equity (ROE) of 24.03% and pays a 1.34% dividend yield.
25% growth over the past year
The ASX VTS has had a magnificent year in terms of share price growth.
It's up 25.96% compared to an 8.29% gain for the S&P/ASX 200 Index (ASX: XJO).
ETFs are a great way to achieve instant stock diversification for your portfolio. The ASX VTS also provides geographical diversification due to its US focus.
