Valero Energy (VLO) Raises Quarterly Dividend 16.7% to $0.70; 4.2% Yield

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Go back to Valero Energy (VLO) Raises Quarterly Dividend 16.7% to $0.70; 4.2% Yield

Valero Energy Corporation Increases Regular Cash Dividend by 17 Percent

January 26, 2017 4:25 PM EST

SAN ANTONIO, Jan. 26, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Valero Energy Corporation (NYSE: VLO) (Valero) has approved an increase in the companys regular quarterly cash dividend on common stock from $0.60 per share to $0.70 per share, effective with the quarterly dividend the Board has declared to be payable on March 7, 2017 to holders of record at the close of business on February 15, 2017.  The increase in the dividend raises the annualized cash dividend rate on Valeros common stock to $2.80 per share.

As a reminder, Valero will host a... More