Valero Energy's most recent quarterly dividend payment of $1.02 per share was made to shareholders on record before Nov 16, 2023. The payout stands at $4.08 per share annually, which works out to a dividend yield of 3.23%.
VLO has a dividend yield of 3.23% which is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 3.75%, Valero Energy's dividend yield is 14% lower. The current dividend yield is below the historical average of 4.6% of the last 5 years.
Valero Energy has been paying dividends for the last 26 years. According to our data VLO has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 4.1% for the last year. And since the stock price has gone down by 4.3% from a year ago, the dividend yield has increased by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 16, 2023 | Dec 20, 2023 | Nov 7, 2023 | $1.02 | normal |
| Aug 2, 2023 | Sep 5, 2023 | Jul 20, 2023 | $1.02 | normal |
| May 22, 2023 | Jun 22, 2023 | May 9, 2023 | $1.02 | normal |
| Feb 13, 2023 | Mar 16, 2023 | Jan 31, 2023 | $1.02 | normal |
| Nov 16, 2022 | Dec 8, 2022 | Oct 26, 2022 | $0.98 | normal |
| Aug 3, 2022 | Sep 1, 2022 | Jul 21, 2022 | $0.98 | normal |
| May 11, 2022 | Jun 7, 2022 | Apr 28, 2022 | $0.98 | normal |
| Feb 2, 2022 | Mar 3, 2022 | Jan 20, 2022 | $0.98 | normal |
| Nov 17, 2021 | Dec 9, 2021 | Oct 27, 2021 | $0.98 | normal |
| Aug 4, 2021 | Sep 2, 2021 | Jul 15, 2021 | $0.98 | normal |
| May 14, 2021 | Jun 8, 2021 | Apr 19, 2021 | $0.98 | normal |
| Feb 10, 2021 | Mar 4, 2021 | Jan 28, 2021 | $0.98 | normal |
| Nov 17, 2020 | Dec 9, 2020 | Oct 28, 2020 | $0.98 | normal |
| Aug 3, 2020 | Sep 2, 2020 | Jul 16, 2020 | $0.98 | normal |
| May 13, 2020 | Jun 3, 2020 | Apr 24, 2020 | $0.98 | normal |
| Feb 11, 2020 | Mar 4, 2020 | Jan 23, 2020 | $0.98 | normal |
| Nov 19, 2019 | Dec 11, 2019 | Oct 30, 2019 | $0.9 | normal |
| Aug 5, 2019 | Sep 4, 2019 | Jul 18, 2019 | $0.9 | normal |
| May 14, 2019 | Jun 4, 2019 | Apr 30, 2019 | $0.9 | normal |
| Feb 12, 2019 | Mar 5, 2019 | Jan 24, 2019 | $0.9 | normal |
| Nov 19, 2018 | Dec 12, 2018 | Oct 31, 2018 | $0.8 | normal |
| Aug 6, 2018 | Sep 5, 2018 | Jul 20, 2018 | $0.8 | normal |
| May 16, 2018 | Jun 5, 2018 | May 3, 2018 | $0.8 | normal |
| Feb 12, 2018 | Mar 6, 2018 | Jan 23, 2018 | $0.8 | normal |
| Nov 20, 2017 | Dec 12, 2017 | Nov 1, 2017 | $0.7 | normal |
| Aug 7, 2017 | Sep 7, 2017 | Jul 20, 2017 | $0.7 | normal |
| May 15, 2017 | Jun 7, 2017 | May 3, 2017 | $0.7 | normal |
| Feb 13, 2017 | Mar 7, 2017 | Jan 26, 2017 | $0.7 | normal |
| Nov 18, 2016 | Dec 15, 2016 | Nov 2, 2016 | $0.6 | normal |
| Aug 9, 2016 | Sep 8, 2016 | Jul 28, 2016 | $0.6 | normal |
| May 23, 2016 | Jun 21, 2016 | May 12, 2016 | $0.6 | normal |
| Feb 5, 2016 | Mar 3, 2016 | Jan 21, 2016 | $0.6 | normal |
| Nov 19, 2015 | Dec 17, 2015 | $0.5 | normal | |
| Jul 31, 2015 | Sep 2, 2015 | Jul 13, 2015 | $0.4 | normal |
VLO has a payout ratio of 13.9% which is lower than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 42.9%, Valero Energy's payout ratio is 68% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PSX Phillips 66 | 3.24% | $4.2 | 25.2% |
| VLO Valero Energy Corp | 3.23% | $4.08 | 13.9% |
| MPC Marathon Petroleum Corp | 2.03% | $3.08 | 11.4% |
Yes, Valero Energy has paid four dividends in the last 12 months. VLO has been paying dividends since 1997.
VLO hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in February 2024.
Valero Energy's last regular dividend was on Nov 16, 2023 (ex-date) with the amount of $1.02 per share.
On an annual basis VLO pays $4.08 per share.
Currently Valero Energy's dividend yield is 3.23%.
Valero Energy pays four dividends per year.
Valero Energy's dividend payout ratio is 13.9%.
Valero Energy's dividend yield is below the Energy sector average.