Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, and low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; and asphalts, petrochemicals, lubricants, and other refined petroleum products, as well as sells lube oils and natural gas liquids. As of December 31, 2021, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day; and 12 ethanol plants with a combined ethanol production capacity of approximately 1.6 billion gallons per year. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.
Valero Energy Dividend Announcement
• Valero Energy announced a quarterly dividend of $1.07 per ordinary share which will be made payable on 2024-12-20. Ex dividend date: 2024-11-20
• Valero Energy annual dividend for 2024 was $4.28
• Valero Energy annual dividend for 2023 was $4.08
• Valero Energy's trailing twelve-month (TTM) dividend yield is 3.02%
• Valero Energy's payout ratio for the trailing twelve months (TTM) is 37.69%
• Valero Energy's dividend growth over the last five years (2018-2023) was 4.98% year
• Valero Energy's dividend growth over the last ten years (2013-2023) was 16.98% year
Valero Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-20 | $1.07 | quarterly | 2024-12-20 |
| 2024-08-01 | $1.07 | quarterly | 2024-09-03 |
| 2024-05-30 | $1.07 | quarterly | 2024-06-28 |
| 2024-01-31 | $1.07 | quarterly | 2024-03-04 |
| 2023-11-16 | $1.02 | quarterly | 2023-12-20 |
| 2023-08-02 | $1.02 | quarterly | 2023-09-05 |
| 2023-05-22 | $1.02 | quarterly | 2023-06-22 |
| 2023-02-13 | $1.02 | quarterly | 2023-03-16 |
| 2022-11-16 | $0.98 | quarterly | 2022-12-08 |
| 2022-08-03 | $0.98 | quarterly | 2022-09-01 |
| 2022-05-11 | $0.98 | quarterly | 2022-06-07 |
| 2022-02-02 | $0.98 | quarterly | 2022-03-03 |
| 2021-11-17 | $0.98 | quarterly | 2021-12-09 |
| 2021-08-04 | $0.98 | quarterly | 2021-09-02 |
| 2021-05-14 | $0.98 | quarterly | 2021-06-08 |
| 2021-02-10 | $0.98 | quarterly | 2021-03-04 |
| 2020-11-17 | $0.98 | quarterly | 2020-12-09 |
| 2020-08-03 | $0.98 | quarterly | 2020-09-02 |
| 2020-05-13 | $0.98 | quarterly | 2020-06-03 |
| 2020-02-11 | $0.98 | quarterly | 2020-03-04 |
| 2019-11-19 | $0.90 | quarterly | 2019-12-11 |
| 2019-08-05 | $0.90 | quarterly | 2019-09-04 |
| 2019-05-14 | $0.90 | quarterly | 2019-06-04 |
| 2019-02-12 | $0.90 | quarterly | 2019-03-05 |
| 2018-11-19 | $0.80 | quarterly | 2018-12-12 |
| 2018-08-06 | $0.80 | quarterly | 2018-09-05 |
| 2018-05-16 | $0.80 | quarterly | 2018-06-05 |
| 2018-02-12 | $0.80 | quarterly | 2018-03-06 |
| 2017-11-20 | $0.70 | quarterly | 2017-12-12 |
| 2017-08-07 | $0.70 | quarterly | 2017-09-07 |
| 2017-05-15 | $0.70 | quarterly | 2017-06-07 |
| 2017-02-13 | $0.70 | quarterly | 2017-03-07 |
| 2016-11-18 | $0.60 | quarterly | 2016-12-15 |
| 2016-08-09 | $0.60 | quarterly | 2016-09-08 |
| 2016-05-23 | $0.60 | quarterly | 2016-06-21 |
| 2016-02-05 | $0.60 | quarterly | 2016-03-03 |
| 2015-11-19 | $0.50 | quarterly | 2015-12-17 |
| 2015-07-31 | $0.40 | quarterly | 2015-09-02 |
| 2015-05-11 | $0.40 | quarterly | 2015-06-10 |
| 2015-02-09 | $0.40 | quarterly | 2015-03-03 |
| 2014-11-17 | $0.28 | quarterly | 2014-12-17 |
| 2014-08-18 | $0.28 | quarterly | 2014-09-17 |
| 2014-05-19 | $0.25 | quarterly | 2014-06-18 |
| 2014-02-10 | $0.25 | quarterly | 2014-03-12 |
| 2013-11-25 | $0.23 | quarterly | 2013-12-18 |
| 2013-08-12 | $0.23 | quarterly | 2013-09-11 |
| 2013-05-20 | $0.20 | quarterly | 2013-06-19 |
| 2013-02-11 | $0.20 | quarterly | 2013-03-13 |
Valero Energy Dividend per year
Valero Energy Dividend growth
Valero Energy Dividend Yield
Valero Energy current trailing twelve-month (TTM) dividend yield is 3.02%. Interested in purchasing Valero Energy stock? Use our calculator to estimate your expected dividend yield:
Valero Energy Financial Ratios
P/E ratio12.08
PEG ratio1.60
P/B ratio1.76
ROE14.32%
Payout ratio37.69%
Current ratio1.57
Quick ratio1.11
Cash Ratio0.34
Valero Energy Dividend FAQ
How much is the next Valero Energy dividend?
Valero Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Valero Energy dividend. The next Valero Energy dividend will be released in February, May, August, or November.
When is Valero Energy dividend paid?
Valero Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Valero Energy pay?
The specific amount of Valero Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Valero Energy's dividend history.
Does Valero Energy stock pay dividends?
Yes, Valero Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Valero Energy's dividend history.
How much dividend does Valero Energy pay?
Valero Energy paid $4.28 in 2024, $4.08 in 2023, $3.92 in 2022, $3.92 in 2021, and $3.92 in 2020.
How often does Valero Energy pay dividends?
Valero Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Valero Energy's dividend yield?
The current dividend yield for Valero Energy is 3.02%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Valero Energy's exact dividend yield.
When does Valero Energy go ex dividend?
Valero Energy's ex-dividend date for the latest dividend was on 2024-11-20. Valero Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Valero Energy dividend paid?
Valero Energy pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Valero Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Valero Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Valero Energy dividend per share?
Valero Energy paid $4.28 per share in 2024 and $4.08 per share in 2023. The amount of dividend per share that Valero Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Valero Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Valero Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Valero Energy a dividend stock?
Yes, Valero Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Valero Energy a good dividend stock?
Whether Valero Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Valero Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Valero Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Valero Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Valero Energy pay dividends monthly?
Valero Energy typically pays dividends on a quarterly basis.
Does Valero Energy pay dividends quarterly?
Valero Energy currently pays dividends on a quarterly basis.
Has Valero Energy ever paid a dividend?
Yes, Valero Energy has a history of paying dividends to its shareholders. Valero Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Valero Energy dividend stocks?
To buy Valero Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Valero Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Valero Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Valero Energy pay dividends 2024?
Valero Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Valero Energy increase its dividend in 2024?
Decisions regarding Valero Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Valero Energy dividend overview you can look into the above table of dividend history.
How Valero Energy dividend works?
The Valero Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Valero Energy's dividend process works:
1. Determination of Dividend: Valero Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Valero Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Valero Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Valero Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Valero Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Valero Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Valero Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Valero Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Valero Energy dividends paid?
Valero Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Valero Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Valero Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Valero Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Valero Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Valero Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Valero Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Valero Energy pay dividends?
Valero Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Valero Energy pay dividends?
The general pattern is that Valero Energy pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Valero Energy dividend safe?
The safety of Valero Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Valero Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Valero Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Valero Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Valero Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.