Valvoline Declares Quarterly Dividend

Rhea-AI Summary

Valvoline Inc. (NYSE: VVV) announced a quarterly cash dividend of $0.125 per share of common stock. This dividend is payable on March 15, 2022, to shareholders on record as of February 28, 2022. The company continues to demonstrate its commitment to returning value to shareholders while maintaining a robust position in the vehicle care market.

Positive

• Dividend of $0.125 per share reflects the company's ongoing commitment to shareholder returns.

Negative

• None.

LEXINGTON, Ky., Jan. 24, 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 March 15, 2022, to shareholders of record as of the close of business on Feb. 28, 2022.

About Valvoline™
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 across multiple service and product channels over the years. 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 No. 1 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 www.valvoline.com.

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

FOR FURTHER INFORMATION

Investor Inquires
+1 (859) 357-3155
ir@valvoline.com 

Media Inquiries
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) for Q1 2022?

Valvoline declared a dividend of $0.125 per share.

When will Valvoline (VVV) pay the declared dividend?

The dividend will be paid on March 15, 2022.

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

The record date for the dividend is February 28, 2022.

How frequently does Valvoline (VVV) declare dividends?

Valvoline typically declares dividends quarterly.