VTI is the ETF version of the index fund VTSAX. It tracks the total stock market. Very low expense ratios. I'm almost 100 percent sure it pays dividends each quarter, so you may want to recheck your info on that. Fidelity also has some good low cost index funds. In fact, many have lower expense ratios than Vanguard, who is supposedly the king of low cost funds.
I also own some VDIGX (several hundred shares acquired over the last few years) and it pays healthy dividends, especially in December, but I slowed down buying it because it has a slightly higher expense ratio of .26 (still not nearly as bad as the majority of managed funds) whereas I can get an index fund with a .05 or less expense ratio that performs just as well.