Valvoline Declares Quarterly Dividend

Rhea-AI Summary

On July 20, 2022, Valvoline Inc. (NYSE: VVV) declared a quarterly cash dividend of $0.125 per share. This dividend will be payable on September 15, 2022, to shareholders on record as of the close of business on August 31, 2022. Valvoline continues to enhance its position in the vehicle care market, providing innovative products and services globally. The company operates around 1,600 service center locations and is recognized as a leader in battery fluids for electric vehicles, indicating its commitment to future mobility solutions.

Positive

• Declared a quarterly cash dividend of $0.125 per share.
• Dividend payment demonstrates company confidence and shareholder value.
• Strong brand recognition and customer satisfaction ratings.
• Operates approximately 1,600 service center locations globally.

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• None.

LEXINGTON, Ky., July 20, 2022 /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 Sep. 15, 2022, to shareholders of record as of the close of business on Aug. 31, 2022.

About Valvoline^TM
Valvoline Inc. (NYSE: VVV) is a global leader in vehicle care powering the future of mobility through innovative services and products for vehicles with electric, hybrid and internal combustion powertrains. Established in 1866, the Company introduced the world's first branded motor oil and developed strong brand recognition and customer satisfaction ratings over the years across multiple service and product channels. The Company operates and franchises approximately 1,600 service center locations and is the No. 2 and No. 3 largest chain in the U.S. and Canada, respectively, by number of stores. With sales in more than 140 countries and territories, Valvoline's solutions are available for every engine and drivetrain, including high-mileage and heavy-duty vehicles, and are offered at more than 80,000 locations worldwide. Creating the next generation of advanced automotive solutions, Valvoline has established itself as the world's leading supplier of battery fluids to electric vehicle manufacturers, offering tailored products to help extend vehicle range and efficiency. To learn more, or to find a Valvoline service center near you, visit valvoline.com.

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

FOR FURTHER INFORMATION

Investor Relations
Sean T. Cornett
+1 (859) 357-3155
ir@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)?

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

When is the dividend payment date for Valvoline (VVV)?

The dividend is payable on September 15, 2022.

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

Shareholders on record as of August 31, 2022, will receive the dividend.

How many service center locations does Valvoline (VVV) operate?

Valvoline operates approximately 1,600 service center locations.

What markets does Valvoline (VVV) serve?

Valvoline serves more than 140 countries and territories.