He died on March 23 in Florida, according to Fidelity. No cause was given. He was a resident of Wellington, Florida, according to the firm.
Bogle had been in frail health for years, surviving at least six heart attacks and receiving a heart transplant in 1996. The cause of death was cancer, said Bogle's assistant Michael Nolan.
John C Bogle founder of Vanguard Group also said that dividends are the best friends of stock investors.