Valvoline Declares Quarterly Dividend

LEXINGTON, Ky., April 25, 2019 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV) today announced that its board of directors declared a quarterly cash dividend of $0.106 per share of Valvoline common stock. The dividend is payable on June 17, 2019, to shareholders of record as of the close of business on May 31, 2019.

About Valvoline™Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, the company's heritage spans more than 150 years, during which it has developed powerful brand recognition across multiple product and service channels. Valvoline ranks as the No. 3 passenger car motor oil brand in the DIY market by volume. It operates and franchises more than 1,300 quick-lube locations and is the No. 2 chain by number of stores in the United States under the Valvoline Instant Oil Change℠ brand and the No. 3 chain by number of stores in Canada under the Great Canadian Oil Change brand. It also markets Valvoline lubricants and automotive chemicals, including the new Valvoline™ Modern Engine Full Synthetic Motor Oil, which is specifically engineered to protect against carbon build-up in Gasoline Direct Injection (GDI), turbo and other engines manufactured since 2012; Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Synthetic motor oil; and Zerex™ antifreeze. To learn more, visit www.valvoline.com.

™ Trademark, Valvoline or its subsidiaries, registered in various countries℠ Service mark, Valvoline or its subsidiaries, registered in various countries

FOR FURTHER INFORMATIONInvestor and Media Relations:Sean T. Cornett+1 (859) 357-2798[email protected]

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SOURCE Valvoline Inc.