Vertical Text Alignment functions the same as Vertical Image Alignment. The Vertical Alignment property can be accessed through the Style Designer, where it is found in the Object Inspector at the side of the window.
Fig. 1 – Style Designer > Object Inspector > Appearance > Vertical Alignment
The text is aligned with the top of the component by default. If you align to the bottom, and the text is too large to fit within the vertical boundaries of the component, it will be truncated on the top side. Center alignment will result in both the top and bottom sides being cut when the text is too large.
Fig. 2 – Text Alignment Examples