Valero Energy Corporation Declares Regular Cash Dividend on Common Stock

Rhea-AI Summary

Valero Energy (NYSE: VLO) has announced its Board of Directors has declared a regular quarterly cash dividend of $1.07 per share on common stock. The dividend will be paid on December 20, 2024, to shareholders of record as of the close of business on November 20, 2024.

Positive

• Maintains consistent quarterly dividend of $1.07 per share
• Demonstrates financial stability and commitment to shareholder returns

Negative

• None.

SAN ANTONIO--(BUSINESS WIRE)-- The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on December 20, 2024 to holders of record at the close of business on November 20, 2024.

About Valero

Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. Valero owns 15 petroleum refineries located in the U.S., Canada and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which owns two renewable diesel plants located in the U.S. Gulf Coast region with a combined production capacity of approximately 1.2 billion gallons per year, and Valero owns 12 ethanol plants located in the U.S. Mid-Continent region with a combined production capacity of approximately 1.6 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments. Please visit investorvalero.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241029833476/en/

Investors:

Homer Bhullar, Vice President – Investor Relations and Finance, 210-345-1982

Eric Herbort, Director – Investor Relations and Finance, 210-345-3331

Gautam Srivastava, Director – Investor Relations, 210-345-3992

Media:

Lillian Riojas, Executive Director – Media Relations and Communications, 210-345-5002

Source: Valero Energy Corporation

FAQ

What is Valero Energy's (VLO) dividend amount for Q4 2024?

Valero Energy's dividend for Q4 2024 is $1.07 per share.

When is Valero Energy's (VLO) next dividend payment date?

Valero Energy's next dividend payment date is December 20, 2024.

What is the record date for Valero's (VLO) December 2024 dividend?

The record date for Valero's December 2024 dividend is November 20, 2024.

How often does Valero Energy (VLO) pay dividends?

Valero Energy pays dividends on a quarterly basis.