Valero Energy (VLO) Declares $0.98 Quarterly Dividend; 6.8% Yield
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Valero Energy Reports 2020 Fourth Quarter and Full Year Results and Declares Regular Cash Dividend on Common Stock
January 28, 2021 6:25 AM ESTReported a net loss attributable to Valero stockholders of $359 million, or $0.88 per share, for the fourth quarter and $1.4 billion, or $3.50 per share, for the year. Reported an adjusted net loss attributable to Valero stockholders of $429 million, or $1.06 per share, for the fourth quarter and $1.3 billion, or $3.12 per share, for the year. Returned $400 million in cash to stockholders through dividends in the fourth quarter and $1.8 billion through dividends and stock buybacks in the year. Declared a regular quarterly cash dividend of $0.98 per share. Completed and started up the St. Charles Alkylation... More
