The Board of Directors of Valero Energy Corporation has approved an increase in the company’s regular quarterly cash dividend on common stock from 98c per share to $1.02 per share. The dividend is payable on March 16, 2023 to holders of record at the close of business on February 14, 2023. The increase in the dividend raises the annualized cash dividend rate on Valero’s common stock to $4.08 per share.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on VLO:
- Valero price target raised to $165 from $156 at RBC Capital
- Valero price target raised to $174 from $169 at Raymond James
- Valero price target raised to $160 from $140 at Wells Fargo
- Valero price target raised to $159 from $151 at Barclays
- Valero Energy Corporation Earnings Update: Did it Beat Estimate Forecasts?