Valero Energy Reports Third Quarter 2015 Results and 25 Percent Dividend Increase

Go back to Valero Energy Reports Third Quarter 2015 Results and 25 Percent Dividend Increase

Valero Energy (VLO) Raises Quarterly Dividend 25% to $0.50; 3.2% Yield

October 28, 2015 7:12 AM EDT

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,... More

Valero Energy (VLO) Tops Q3 EPS by 30c

October 28, 2015 7:11 AM EDT

Valero Energy (NYSE: VLO) reported Q3 EPS of $2.79, $0.30 better than the analyst estimate of $2.49. Revenue for the quarter came in at $22.58 billion versus the consensus estimate of $18.77 billion.

Strategic Update

With the drop-down transaction that occurred on October 1, 2015, Valero has completed a total of... More