Valero Energy Corporation Declares Regular Cash Dividend on Common Stock

Rhea-AI Summary

Valero Energy Corporation (NYSE: VLO) has declared a regular quarterly cash dividend of $1.02 per share. The dividend will be payable on June 22, 2023, to shareholders of record as of May 23, 2023.

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 $1.02 per share. The dividend is payable on June 22, 2023 to holders of record at the close of business on May 23, 2023.

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/20230509006188/en/

Valero Contacts

Investors:

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

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

Gautam Srivastava, Senior Manager – Investor Relations, 210-345-3992

Media:

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

Source: Valero Energy Corporation

FAQ

What is the latest news from Valero Energy Corporation?

Valero Energy Corporation has declared a regular quarterly cash dividend of $1.02 per share.

When will the dividend be paid?

The dividend will be payable on June 22, 2023.

Who is eligible to receive the dividend?

Shareholders of record as of May 23, 2023, will be eligible to receive the dividend.

What is the dividend amount per share?

The dividend amount per share is $1.02.

What is the stock symbol for Valero Energy Corporation?

The stock symbol for Valero Energy Corporation is NYSE: VLO.