Valero Energy (VLO) Raises Quarterly Dividend 25% to $0.50; 3.2% Yield
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Valero Energy Reports Third Quarter 2015 Results and 25 Percent Dividend Increase
October 28, 2015 7:10 AM EDTSAN ANTONIO, Oct. 28, 2015 /PRNewswire/ --Â Valero Energy Corporation (NYSE: VLO, "Valero") today reported net income from continuing operations attributable to Valero stockholders of $1.4 billion, or $2.79 per share, in the third quarter of 2015 compared to $1.1 billion, or $2.00 per share, in the third quarter of 2014.
Valero also reported that its Board of Directors approved a 25 percent increase in the regular quarterly cash dividend on common stock from $0.40 per share to $0.50 per share, effective with the quarterly dividend payable on December 17, 2015 to holders of record at the close of business on November 23, 2015. The increase in the dividend raises the... More
