Valero Energy Corporation Declares Regular Cash Dividend on Common Stock

Rhea-AI Summary

Valero Energy Corporation (NYSE: VLO) has announced a regular quarterly cash dividend of $0.98 per share, payable on June 8, 2021. Shareholders on record as of May 17, 2021 will receive this dividend. Valero, a Fortune 50 company, operates 15 petroleum refineries and 13 ethanol plants, boasting a throughput capacity of approximately 3.2 million barrels per day and production capacity of 1.69 billion gallons per year, respectively. The company is also a joint venture partner in the largest biomass-based diesel plant in North America.

Positive

• Declared a quarterly cash dividend of $0.98 per share, enhancing shareholder income.
• Valero operates 15 refineries and 13 ethanol plants, indicating strong operational capacity.

Negative

• None.

The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $0.98 per share. The dividend is payable on June 8, 2021, to holders of record at the close of business on May 17, 2021.

About Valero
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 13 ethanol plants with a combined production capacity of approximately 1.69 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located in the Mid-Continent region of the U.S. Valero is also a joint venture partner in Diamond Green Diesel, which owns and operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel is North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America. Approximately 7,000 outlets carry Valero’s brand names. Please visit www.investorvalero.com for more information.

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FAQ

What is the dividend amount for Valero Energy Corporation?

Valero Energy Corporation has declared a dividend of $0.98 per share.

When is the dividend payable for Valero Energy Corporation?

The dividend is payable on June 8, 2021.

What is the record date for Valero's dividend?

The record date for the dividend is May 17, 2021.

How many refineries does Valero Energy operate?

Valero operates 15 petroleum refineries.

What is Valero Energy's production capacity for ethanol?

Valero has an ethanol production capacity of approximately 1.69 billion gallons per year.