Valero Energy (VLO) Declares $0.40 Quarterly Dividend; 2.4% Yield; Adds $2.5B to Common Stock Buyback

Valero Energy (NYSE: VLO) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.

The dividend will be payable on September 2, 2015, to stockholders of record on August 4, 2015, with an ex-dividend date of July 31, 2015.

The annual yield on the dividend is 2.4 percent.

The Board of Directors also approved an incremental $2.5 billion share repurchase authorization. Valero has approximately $400 million of repurchase authority available under its previously announced buyback authorization, giving it $2.9 billion available for stock repurchases going forward.

For a dividend history and other dividend-related data on Valero Energy (VLO) click here.

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