The Vanguard Australian Shares Index ETF (ASX: VAS) and 22 other Vanguard exchange-traded funds (ETFs) will go ex-dividend tomorrow.

That means time is running out for investors who want to bag the next round of distributions (or dividends) from any of these ASX ETFs.

According to Vanguard's distributions timetable, investors will receive their payments on 16 October.

How much will ASX VAS investors get?

The VAS ETF, which seeks to mirror the performance of the S&P/ASX 300 Index (ASX: XKO) before fees, will pay 103.3194 AU cents per unit.

ASX VAS is very popular with investors. It's the largest ETF on the Australian share market, with a market capitalisation of $16.41 billion.

In FY24, it was the most traded ASX stock among Gen X investors, Gen Z investors, and millennial investors using the Selfwealth Ltd (ASX: SWF) trading platform.

Interestingly, all three generations appeared to have a high conviction for this ETF. More than 80% of their ASX VAS transactions were buy orders.

ASX VAS is Vanguard's flagship ETF product in Australia.

It provides exposure to blue-chip shares like BHP Group Ltd (ASX: BHP) and Commonwealth Bank of Australia Ltd (ASX: CBA). Also, CSL Ltd (ASX: CSL), Fortescue Ltd (ASX: FMG), Woodside Energy Group Ltd (ASX: WDS), and Wesfarmers Ltd (ASX: WES).

It also provides exposure to 100 smaller companies ranked between 201 and 300 on the ASX.

These include Megaport Ltd (ASX: MP1), Temple & Webster Group Ltd (ASX: TPW), Nanosonics Ltd (ASX: NAN), Droneshield Ltd (ASX: DRO), and Vulcan Energy Resources Ltd (ASX: VUL).

The ASX VAS ETF finished trading at $102.90 per unit on Friday, up 0.16%.

How much will investors in other Vanguard ETFs get?

Here is a summary of the dividend amounts some of the other Vanguard ETFs will pay on 16 October.

• Vanguard Australian Shares High Yield ETF (ASX: VHY) will pay 104.4812 AU cents per unit
• Vanguard Diversified High Growth Index ETF (ASX: VDHG) will pay 36.9679 AU cents per unit
• Vanguard Ethically Conscious Australian Shares ETF (ASX: VETH) will pay 61.2972 AU cents per unit
• Vanguard MSCI Index International Shares ETF (ASX: VGS) will pay 28.8055 AU cents per unit
• Vanguard Australian Property Securities Index ETF (ASX: VAP) will pay 41.8085 AU cents per unit
• Vanguard MSCI Australian Large Companies Index ETF (ASX: VLC) will pay 86.0026 AU cents per unit
• Vanguard MSCI International Small Companies Index ETF (ASX: VISM) will pay 24.1001 AU cents per unit

Vanguard offers a distribution reinvestment plan (DRP) on all of its Australian ETFs, including ASX VAS.

Investors must organise their DRP elections by 5pm on 2 October.