Valero Energy Corporation (VLO) to Issue Quarterly Dividend of $1.20 on June 23rd

Valero Energy Corporation (NYSE:VLO) announced a quarterly dividend on Thursday, May 7th. Investors of record on Thursday, May 21st will be paid a dividend of 1.20 per share by the oil and gas company on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, May 21st.

Valero Energy has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Valero Energy has a payout ratio of 48.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Valero Energy to earn $21.31 per share next year, which means the company should continue to be able to cover its $4.80 annual dividend with an expected future payout ratio of 22.5%.

Valero Energy Price Performance

Shares of VLO opened at $258.39 on Tuesday. Valero Energy has a 1-year low of $125.10 and a 1-year high of $260.31. The stock has a market cap of $76.72 billion, a PE ratio of 18.78, a price-to-earnings-growth ratio of 0.35 and a beta of 0.58. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.15. The firm has a fifty day moving average price of $239.59 and a 200 day moving average price of $202.50.

Valero Energy (NYSE:VLO) last announced its quarterly earnings results on Thursday, April 30th. The oil and gas company reported $4.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $1.06. Valero Energy had a net margin of 3.37% and a return on equity of 15.94%. The firm had revenue of $32.38 billion during the quarter, compared to analysts’ expectations of $31.38 billion. During the same period in the previous year, the company earned $0.89 earnings per share. Valero Energy’s quarterly revenue was up 7.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Valero Energy will post 28.26 EPS for the current year.

Trending Headlines about Valero Energy

Here are the key news stories impacting Valero Energy this week:

• Positive Sentiment: Valero remains a favored value and growth idea in recent screens, with Zacks placing VLO on its Rank #1 (Strong Buy) growth list and highlighting it as a strong value stock.
• Positive Sentiment: Recent coverage says Valero’s earnings estimate revisions are moving higher, which can signal stronger future fundamentals and support the stock.
• Positive Sentiment: Valero’s latest quarterly results were strong, with the company beating EPS and revenue expectations and management expected refining margins to remain solid.
• Neutral Sentiment: Several articles pointed to Valero as a possible dividend play, which may attract income-focused investors but is less likely to move the stock on its own.
• Neutral Sentiment: MarketWatch noted Valero outperformed peers on a strong trading day, reflecting relative strength rather than a new company-specific catalyst.
• Negative Sentiment: Erste Group Bank slightly lowered its FY2027 EPS estimate for Valero, trimming its forecast from $19.02 to $18.94, though the revision was modest.

Valero Energy Company Profile

Valero Energy Corporation is a San Antonio, Texas–based integrated downstream energy company that manufactures and markets transportation fuels, petrochemical feedstocks and other industrial products. The company’s operations focus on refining crude oil into finished fuels such as gasoline, diesel and jet fuel, as well as producing asphalt and other refined product streams for commercial and industrial customers.

In addition to refining, Valero has significant operations in renewable fuels, including the production of ethanol and other biofuels, and it manages an extensive logistics network of pipelines, terminals, rail and marine assets to move feedstocks and finished products.