Valero Energy (VLO) Raises Quarterly Dividend 12.5% to $0.90; 4.6% Yield

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Go back to Valero Energy (VLO) Raises Quarterly Dividend 12.5% to $0.90; 4.6% Yield

Valero Energy Corporation Increases Regular Cash Dividend by 12.5 Percent

January 24, 2019 4:20 PM EST

SAN ANTONIO, Jan. 24, 2019 (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 $0.80 per share to $0.90 per share, effective with the quarterly dividend the Board has declared to be payable on March 5, 2019, to holders of record at the close of business on February 13, 2019. The increase in the dividend raises the annualized cash dividend rate on Valeros common stock to $3.60 per share.

As a reminder, Valero will host a conference call on January 31, 2019 at... More