Valero Energy (VLO) Raises Quarterly Dividend 4.1% to $1.02; 2.9% Yield

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Valero Energy Corporation Increases Regular Cash Dividend

January 31, 2023 4:10 PM EST

SAN ANTONIO--(BUSINESS WIRE)-- 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 $0.98 per share to $1.02 per share. The dividend is payable on March 16, 2023 to holders of record at the close of business on February 14, 2023. The increase in the dividend raises the annualized cash dividend rate on Valeros common stock to $4.08... More