Valvoline Declares Quarterly Dividend

Rhea-AI Summary

Valvoline Inc. (NYSE: VVV) declared a quarterly cash dividend of $0.125 per share on July 19, 2021. This dividend is payable on September 15, 2021, to shareholders of record by the close of business on August 30, 2021. Valvoline, a prominent provider of automotive services and lubricants, operates over 1,500 quick-lube locations and is recognized globally, selling products in more than 140 countries.

Positive

• Quarterly cash dividend of $0.125 per share announced.
• Dividend payable on September 15, 2021, indicating ongoing company profitability.
• Valvoline's extensive operations in over 140 countries bolster market confidence.

Negative

• None.

LEXINGTON, Ky., July 19, 2021 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV) today announced that its board of directors declared a quarterly cash dividend of $0.125 per share of Valvoline common stock. The dividend is payable on Sept. 15, 2021, to shareholders of record as of the close of business on Aug. 30, 2021.

About Valvoline^TM
Valvoline Inc. (NYSE: VVV) is a leading provider of automotive services and marketer and supplier of premium branded lubricants worldwide, with sales in more than 140 countries. Established in 1866, the Company's heritage spans more than 150 years, during which time it has developed powerful brand recognition across multiple product and service channels. Valvoline operates and franchises more than 1,500 quick-lube locations and is the No. 2 chain by number of stores in the United States under the Valvoline Instant Oil Change^SM brand and the No. 3 chain by number of stores in Canada under the Valvoline Great Canadian Oil Change brand. It also markets Valvoline lubricants and automotive chemicals, including Valvoline EV Performance Fluids; Valvoline Hybrid Vehicle Full Synthetic motor oil; Valvoline High Mileage with MaxLife technology motor oil for engines over 75,000 miles; Valvoline Advanced Full Synthetic motor oil; Valvoline Premium Blue™ heavy-duty motor oil; Valvoline Multi-Vehicle Automatic Transmission Fluid; and Zerex™ antifreeze. To learn more, visit www.valvoline.com.

^TM Trademark, Valvoline or its subsidiaries, registered in various countries
^SM Service mark, Valvoline or its subsidiaries, registered in various countries

FOR FURTHER INFORMATION

Investor Relations
Sean T. Cornett
+1 (859) 357-2798
scornett@valvoline.com 

Media Relations
Michele Gaither Sparks
+1 859-230-8097
michele.sparks@valvoline.com

 

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SOURCE Valvoline Inc.

FAQ

What is the dividend amount declared by Valvoline (VVV) in July 2021?

Valvoline declared a quarterly cash dividend of $0.125 per share.

When is the dividend payable for Valvoline (VVV)?

The dividend is payable on September 15, 2021.

What is the record date for Valvoline's (VVV) dividend?

The record date for the dividend is August 30, 2021.

How often does Valvoline (VVV) pay dividends?

Valvoline typically pays dividends quarterly.

Is Valvoline's (VVV) dividend sustainable?

The sustainability of Valvoline's dividend can be inferred from its market operations and profitability, but specific financial metrics should be reviewed.