Valero pays dividends on a quarterly basis.
Valero Energy Corporation (VLO) maintains a consistent schedule for its dividend distributions, providing regular returns to its shareholders.
Understanding Valero's Dividend Schedule
Valero distributes dividends four times a year, adhering to a quarterly payment schedule. This means that shareholders eligible for dividends can expect to receive a payment approximately every three months. This predictability is a key factor for investors who prioritize income generation from their equity holdings.
Key Dividend Information for Valero (VLO)
To provide clarity on Valero's dividend practices, here are some important details:
| Aspect | Detail |
|---|---|
| Payment Frequency | Quarterly (four times a year) |
| Upcoming Ex-Dividend Date | November 20, 2024 |
| Ex-Dividend Date Meaning | Investors who purchase shares on or after this date will not be eligible to receive the upcoming dividend payment. To qualify for the next dividend, shares must be acquired before the ex-dividend date. |
What is an Ex-Dividend Date?
The ex-dividend date is a critical cutoff point in the dividend payment process. For Valero Energy Corporation (VLO), if you buy shares on or after November 20, 2024, you will not be entitled to receive the next dividend payment. This date ensures that only shareholders who own the stock prior to this specific day are eligible for the upcoming dividend distribution. Understanding this date is crucial for investors planning to capture dividend payments.
Valero's commitment to a regular quarterly dividend schedule underscores its dedication to shareholder returns, making it a noteworthy consideration for income-focused investors.
