Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
April 24 2020 - 4:14PM
The Board of Directors of Valero Energy Corporation
(NYSE: VLO, “Valero”) has declared a regular quarterly cash
dividend on common stock of $0.98 per share. The dividend is
payable on June 3, 2020, to holders of record at the close of
business on May 14, 2020.
As a reminder, Valero will host a conference
call on April 29, 2020, at 10 a.m. ET to discuss first quarter
earnings results, which will be released earlier that day, and to
provide an update on company operations. Persons interested in
listening to the presentation live via the internet may log on to
Valero’s website at www.valero.com.
About ValeroValero Energy
Corporation, through its subsidiaries (collectively, “Valero”), is
an international manufacturer and marketer of transportation fuels
and petrochemical products. Valero is a Fortune 50 company based in
San Antonio, Texas, and it operates 15 petroleum refineries with a
combined throughput capacity of approximately 3.2 million barrels
per day and 14 ethanol plants with a combined production capacity
of 1.73 billion gallons per year. The petroleum refineries are
located in the United States (U.S.), Canada and the United Kingdom
(U.K.), and the ethanol plants are located in the Mid-Continent
region of the U.S. Valero also is a joint venture partner in
Diamond Green Diesel, which operates a renewable diesel plant in
Norco, Louisiana. Diamond Green Diesel is North America’s largest
biomass-based diesel plant. Valero sells its products in the
wholesale rack or bulk markets in the U.S., Canada, the U.K.,
Ireland and Latin America. Approximately 7,000 outlets carry
Valero’s brand names. Please visit www.valero.com for more
information.
Valero ContactsInvestors:Homer
Bhullar, Vice President – Investor Relations, 210-345-1982Eric
Herbort, Senior Manager – Investor Relations, 210-345-3331Gautam
Srivastava, Manager – Investor Relations, 210-345-3992
Media:Lillian Riojas, Executive Director – Media
Relations and Communications, 210-345-5002
Safe-Harbor StatementStatements
contained in this release that state the company’s or management’s
expectations or predictions of the future are forward-looking
statements intended to be covered by the safe harbor provisions of
the Securities Act of 1933 and the Securities Exchange Act of
1934. The words “believe,” “expect,” “should,” “estimates,”
“intend,” “target,” “will,” “plans,” and other similar expressions
identify forward-looking statements. It is important to note
that actual results could differ materially from those projected in
such forward-looking statements based on numerous factors,
including those outside of the company’s control, such as delays in
construction timing and other factors. For more information
concerning factors that could cause actual results to differ from
those expressed or forecasted, see Valero’s annual reports on Form
10-K, quarterly reports on Form 10-Q, and other reports filed with
the Securities and Exchange Commission and available on Valero’s
website at www.valero.com.
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