Home Markets Dividend Growth of Valero Energy Corporation(VLO)

Dividend Growth of Valero Energy Corporation(VLO)


Valero Energy Corporation(VLO) is having a Dividend Yield of 4.13% with the Annual cash Dividend per share of $2.4. The last quarter cash dividend per share pay out was $0.6. Valero Energy Corporation has a 5 year average dividend yield of 2.62% and the stock has a Indicated annual dividend of $2.8. Valero Energy Corporation(VLO) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.7. The new indicated annual dividend based on announced dividend per share is $2.8. The dividend yield based on the forward looking indicated annual dividend is 4.13%. Valero Energy Corporation(VLO) has the most recent dividend payout ratio of 0.65 with a 5-year average payout ratio of 0.24. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.41. The 5 year historical dividend growth of Valero Energy Corporation(VLO) is at the rate of 38.38% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Valero Energy Corporation (NYSE:VLO) witnessed a decline in the market cap on Thursday as its shares dropped 1.71% or 1.16 points. After the session commenced at $67.57, the stock reached the higher end at $67.61 while it hit a low of $66.395. With the volume soaring to 5,266,519 shares, the last trade was called at $66.6. The company has a 52-week high of $71.4. The company has a market cap of $29,968 million and there are 449,964,760 shares in outstanding. The 52-week low of the share price is $46.88. Valero Energy Corporation has dropped 0.48% in the last five trading days, however, the shares have posted positive gains of 0.82% in the last 4 weeks. Valero Energy Corporation is up 7.57% in the last 3-month period. Year-to-Date the stock performance stands at -1.5%.

Currently the company Insiders own 0.4% of Valero Energy Corporation shares according to the proxy statements. Institutional Investors own 78.06% of Valero Energy Corporation shares. Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Joseph W Gorder (COB, President and CEO) sold 39,057 shares at 67.85 per share price.On Dec 12, 2016, Michael S Ciskowski (EVP and CFO) sold 57,946 shares at 68.70 per share price.On Nov 24, 2015, R. Michael Crownover (EVP) sold 17,104 shares at 72.98 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Feb 3, 2017 to Buy, Raises Price Target to $ 58 from a previous price target of $55 .Valero Energy Corporation was Reiterated by Barclays on Feb 1, 2017 to Overweight, Lowers Price Target to $ 85 from a previous price target of $95 .Valero Energy Corporation was Downgraded by Citigroup to Neutral on Jan 17, 2017. Valero Energy Corporation was Downgraded by Jefferies to Hold on Jan 12, 2017. Valero Energy Corporation was Upgraded by BofA/Merrill to Buy on Jan 5, 2017.

Valero Energy Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.78. The company had revenue of $20712.00 million for the quarter, compared to analysts expectations of $18887.47 million. The companys revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.79 EPS.

Valero Energy Corporation owns and operates refineries in the United States and Canada with a combined throughput capacity of approximately two million BPD, making it one of the nations top refiners of petroleum products. Valero is also one of the nations leading retail operators with retail outlets in the United States and Canada under various brand names including Diamond Shamrock, Ultramar, Valero, Beacon and Total.



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