Valero Energy (VLO) Raises Quarterly Dividend 4.9% to $1.07; 3.4% Yield

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Go back to Valero Energy (VLO) Raises Quarterly Dividend 4.9% to $1.07; 3.4% Yield

Valero Energy Corporation Increases Regular Cash Dividend

January 18, 2024 4:09 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 $1.02 per share to $1.07 per share. The dividend is payable on March 4, 2024 to holders of record at the close of business on February 1, 2024. The increase in the dividend raises the annualized cash dividend rate on Valeros common stock to $4.28 per share.

As a reminder, Valero will host a conference call on January 25, 2024, at 10... More