Valero Energy Corporation's payout ratio is 37.69%. This indicates the proportion of the company's earnings that are distributed to shareholders as dividends.
Understanding Valero's Dividend Metrics
The payout ratio is a crucial financial metric for investors, as it reveals how much of a company's net income is paid out in dividends. A lower payout ratio suggests that the company retains more earnings for reinvestment or debt repayment, which can signal future growth potential.
For Valero, a payout ratio of 37.69% means that 37.69% of the company's earnings are paid out as dividends. This leaves the remaining percentage of earnings available for other corporate uses, such as funding operations, capital expenditures, or share buybacks.
Alongside the payout ratio, another important metric is the dividend yield, which shows the annual dividend income relative to the stock's price. For Valero, the dividend yield is 3.52%, implying that for every $100 invested in the company's stock, investors would receive $3.52 in dividends per year.
Below is a summary of Valero's key dividend-related figures:
| Metric | Value | Description |
|---|---|---|
| Payout Ratio | 37.69% | Percentage of earnings paid out as dividends. |
| Dividend Yield | 3.52% | Annual dividend income per $100 invested in the stock. |
These figures provide insight into Valero's dividend policy and its commitment to returning value to shareholders. Investors often look at the consistency and sustainability of a company's payout ratio, along with its dividend yield, when making investment decisions. More detailed dividend information for Valero can be found on financial data platforms like Koyfin.
