Valero Energy (NYSE: VLO) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 25% increase from the prior dividend of $0.40.

The dividend will be payable on December 17, 2015, to stockholders of record on November 23, 2015, with an ex-dividend date of November 19, 2015.

The annual yield on the dividend is 3.2 percent.

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