Valero Energy Corporation (VLO) Dividend History
VLO latest dividend
$1.20last dividend per share
Ex-dividend dateJul 31Friday, 2026
Payment dateAug 31Monday, 2026
The next dividend has not been announced yet.
- 3 yearsof dividend increases
- 1989paying since
- Quarterly4 payments a year
- +2.9%5-year growth a year
- 1.08%forward yield
VLO dividend income calculator
- Dividend income a year
- $480
- Each payment
- $120
- Value of the shares
- $44,471
- Dividend yield
- 1.08%
At the latest close; forward annual dividend $4.80 per share, before tax.
VLO dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
VLO dividend safety
Payout ratio (earnings)19.5%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)27.9%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+2.9%
Slow growth · a year on average
Years of increases3
Short record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
VLO yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $157.77 | 3.04% | $4.73 | 3.0% |
| 3 years ago | $134.03 | 3.58% | $13.42 | 10.0% |
| 5 years ago | $78.13 | 6.14% | $21.38 | 27.4% |
| 10 years ago | $55.46 | 8.65% | $38.44 | 69.3% |
| 20 years ago | $47.70 | 10.06% | $46.46 | 97.4% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
VLO dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
VLO dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $4.52 | +5.6% | 2.78% | 4 |
| 2024 | $4.28 | +4.9% | 3.49% | 4 |
| 2023 | $4.08 | +4.1% | 3.14% | 4 |
| 2022 | $3.92 | 0.0% | 3.09% | 4 |
| 2021 | $3.92 | 0.0% | 5.22% | 4 |
| 2020 | $3.92 | +8.9% | 6.93% | 4 |
| 2019 | $3.60 | +12.5% | 3.84% | 4 |
| 2018 | $3.20 | +14.3% | 4.27% | 4 |
| 2017 | $2.80 | +16.7% | 3.05% | 4 |
| 2016 | $2.40 | +41.2% | 3.51% | 4 |
| 2015 | $1.70 | +61.9% | 2.40% | 4 |
| 2014 | $1.05 | +26.1% | 2.12% | 4 |
| 2013 | $0.83 | +40.2% | 1.65% | 4 |
| 2012 | $0.59 | +116.7% | 1.91% | 4 |
| 2011 | $0.27 | +50.0% | 1.43% | 4 |
| 2010 | $0.18 | −66.7% | 0.86% | 4 |
| 2009 | $0.55 | +5.3% | 3.58% | 4 |
| 2008 | $0.52 | +18.7% | 2.63% | 4 |
| 2007 | $0.44 | +60.0% | 0.69% | 4 |
| 2006 | $0.27 | — | 0.59% | 4 |
VLO dividend history
162 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-07-31 | 2026-08-31 | $1.20 | — | Quarterly |
| 2026-05-21 | 2026-06-23 | $1.20 | — | Quarterly |
| 2026-02-05 | 2026-03-09 | $1.20 | +6.2% | Quarterly |
| 2025-11-20 | 2025-12-18 | $1.13 | — | Quarterly |
| 2025-07-31 | 2025-09-02 | $1.13 | — | Quarterly |
| 2025-05-20 | 2025-06-18 | $1.13 | — | Quarterly |
| 2025-01-30 | 2025-03-03 | $1.13 | +5.6% | Quarterly |
| 2024-11-20 | 2024-12-20 | $1.07 | — | Quarterly |
| 2024-08-01 | 2024-09-03 | $1.07 | — | Quarterly |
| 2024-05-30 | 2024-06-28 | $1.07 | — | Quarterly |
| 2024-01-31 | 2024-03-04 | $1.07 | +4.9% | Quarterly |
| 2023-11-16 | 2023-12-20 | $1.02 | — | Quarterly |
| 2023-08-02 | 2023-09-05 | $1.02 | — | Quarterly |
| 2023-05-22 | 2023-06-22 | $1.02 | — | Quarterly |
| 2023-02-13 | 2023-03-16 | $1.02 | +4.1% | Quarterly |
| 2022-11-16 | 2022-12-08 | $0.98 | — | Quarterly |
Show all 162 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-03 | 2022-09-01 | $0.98 | — | Quarterly |
| 2022-05-11 | 2022-06-07 | $0.98 | — | Quarterly |
| 2022-02-02 | 2022-03-03 | $0.98 | — | Quarterly |
| 2021-11-17 | 2021-12-09 | $0.98 | — | Quarterly |
| 2021-08-04 | 2021-09-02 | $0.98 | — | Quarterly |
| 2021-05-14 | 2021-06-08 | $0.98 | — | Quarterly |
| 2021-02-10 | 2021-03-04 | $0.98 | — | Quarterly |
| 2020-11-17 | 2020-12-09 | $0.98 | — | Quarterly |
| 2020-08-03 | 2020-09-02 | $0.98 | — | Quarterly |
| 2020-05-13 | 2020-06-03 | $0.98 | — | Quarterly |
| 2020-02-11 | 2020-03-04 | $0.98 | +8.9% | Quarterly |
| 2019-11-19 | 2019-12-11 | $0.9 | — | Quarterly |
| 2019-08-05 | 2019-09-04 | $0.9 | — | Quarterly |
| 2019-05-14 | 2019-06-04 | $0.9 | — | Quarterly |
| 2019-02-12 | 2019-03-05 | $0.9 | +12.5% | Quarterly |
| 2018-11-19 | 2018-12-12 | $0.8 | — | Quarterly |
| 2018-08-06 | 2018-09-05 | $0.8 | — | Quarterly |
| 2018-05-16 | 2018-06-05 | $0.8 | — | Quarterly |
| 2018-02-12 | 2018-03-06 | $0.8 | +14.3% | Quarterly |
| 2017-11-20 | 2017-12-12 | $0.7 | — | Quarterly |
| 2017-08-07 | 2017-09-07 | $0.7 | — | Quarterly |
| 2017-05-15 | 2017-06-07 | $0.7 | — | Quarterly |
| 2017-02-13 | 2017-03-07 | $0.7 | +16.7% | Quarterly |
| 2016-11-18 | 2016-12-15 | $0.6 | — | Quarterly |
| 2016-08-09 | 2016-09-08 | $0.6 | — | Quarterly |
| 2016-05-23 | 2016-06-21 | $0.6 | — | Quarterly |
| 2016-02-05 | 2016-03-03 | $0.6 | +20.0% | Quarterly |
| 2015-11-19 | 2015-12-17 | $0.5 | +25.0% | Quarterly |
| 2015-07-31 | 2015-09-02 | $0.4 | — | Quarterly |
| 2015-05-11 | 2015-06-10 | $0.4 | — | Quarterly |
| 2015-02-09 | 2015-03-03 | $0.4 | +45.5% | Quarterly |
| 2014-11-17 | 2014-12-17 | $0.275 | — | Quarterly |
| 2014-08-18 | 2014-09-17 | $0.275 | +10.0% | Quarterly |
| 2014-05-19 | 2014-06-18 | $0.25 | — | Quarterly |
| 2014-02-10 | 2014-03-12 | $0.25 | +11.1% | Quarterly |
| 2013-11-25 | 2013-12-18 | $0.225 | — | Quarterly |
| 2013-08-12 | 2013-09-11 | $0.225 | +12.5% | Quarterly |
| 2013-05-20 | 2013-06-19 | $0.2 | +9.4% | Quarterly |
| 2013-02-11 | 2013-03-13 | $0.1828 | +14.3% | Quarterly |
| 2012-11-19 | 2012-12-12 | $0.16 | — | Quarterly |
| 2012-08-13 | 2012-09-12 | $0.16 | +16.7% | Quarterly |
| 2012-05-21 | 2012-06-20 | $0.1371 | — | Quarterly |
| 2012-02-13 | 2012-03-14 | $0.1371 | — | Quarterly |
| 2011-11-14 | 2011-12-14 | $0.1371 | +200.0% | Quarterly |
| 2011-08-15 | 2011-09-14 | $0.0457 | — | Quarterly |
| 2011-05-16 | 2011-06-15 | $0.0457 | — | Quarterly |
| 2011-02-14 | 2011-03-16 | $0.0457 | — | Quarterly |
| 2010-11-15 | 2010-12-15 | $0.0457 | — | Quarterly |
| 2010-08-16 | 2010-09-15 | $0.0457 | — | Quarterly |
| 2010-05-17 | 2010-06-16 | $0.0457 | — | Quarterly |
| 2010-02-12 | 2010-03-17 | $0.0457 | −66.7% | Quarterly |
| 2009-11-06 | 2009-12-09 | $0.1371 | — | Quarterly |
| 2009-08-10 | 2009-09-16 | $0.1371 | — | Quarterly |
| 2009-05-22 | 2009-06-17 | $0.1371 | — | Quarterly |
| 2009-02-09 | 2009-03-11 | $0.1371 | — | Quarterly |
| 2008-11-07 | 2008-12-10 | $0.1371 | — | Quarterly |
| 2008-08-04 | 2008-09-10 | $0.1371 | — | Quarterly |
| 2008-05-23 | 2008-06-18 | $0.1371 | +25.0% | Quarterly |
| 2008-02-11 | 2008-03-12 | $0.1097 | — | Quarterly |
| 2007-11-05 | 2007-12-12 | $0.1097 | — | Quarterly |
| 2007-08-06 | 2007-09-06 | $0.1097 | — | Quarterly |
| 2007-05-14 | 2007-06-13 | $0.1097 | — | Quarterly |
| 2007-02-12 | 2007-03-14 | $0.1097 | +50.0% | Quarterly |
| 2006-11-06 | 2006-12-13 | $0.0731 | — | Quarterly |
| 2006-08-14 | 2006-09-14 | $0.0731 | — | Quarterly |
| 2006-05-15 | 2006-06-14 | $0.0731 | +33.3% | Quarterly |
| 2006-02-13 | 2006-03-15 | $0.0549 | +20.0% | Quarterly |
| 2005-11-07 | 2005-12-14 | $0.0457 | — | Quarterly |
| 2005-08-08 | 2005-09-08 | $0.0457 | — | Quarterly |
| 2005-05-16 | 2005-06-15 | $0.0457 | +25.0% | Quarterly |
| 2005-02-14 | 2005-03-16 | $0.0366 | — | Quarterly |
| 2004-11-08 | 2004-12-15 | $0.0366 | +6.7% | Quarterly |
| 2004-08-09 | 2004-09-09 | $0.0343 | — | Quarterly |
| 2004-05-17 | 2004-06-16 | $0.0343 | +25.0% | Quarterly |
| 2004-02-09 | 2004-03-10 | $0.0274 | — | Quarterly |
| 2003-11-07 | 2003-12-10 | $0.0274 | +20.0% | Quarterly |
| 2003-08-11 | 2003-09-10 | $0.0228 | — | Quarterly |
| 2003-05-22 | 2003-06-11 | $0.0228 | — | Quarterly |
| 2003-02-10 | 2003-03-12 | $0.0228 | — | Quarterly |
| 2002-11-08 | 2002-12-11 | $0.0228 | — | Quarterly |
| 2002-08-12 | 2002-09-11 | $0.0228 | — | Quarterly |
| 2002-05-23 | 2002-06-12 | $0.0228 | — | Quarterly |
| 2002-02-11 | 2002-03-13 | $0.0228 | — | Quarterly |
| 2001-11-09 | 2001-12-12 | $0.0228 | +25.0% | Quarterly |
| 2001-08-13 | 2001-09-12 | $0.0183 | — | Quarterly |
| 2001-05-24 | 2001-06-13 | $0.0183 | — | Quarterly |
| 2001-02-12 | 2001-03-14 | $0.0183 | — | Quarterly |
| 2000-11-13 | 2000-12-13 | $0.0183 | — | Quarterly |
| 2000-08-14 | 2000-09-13 | $0.0183 | — | Quarterly |
| 2000-05-25 | 2000-06-14 | $0.0183 | — | Quarterly |
| 2000-02-14 | 2000-03-15 | $0.0183 | — | Quarterly |
| 1999-11-05 | 1999-12-07 | $0.0183 | — | Quarterly |
| 1999-08-09 | 1999-09-08 | $0.0183 | — | Quarterly |
| 1999-05-07 | 1999-06-08 | $0.0183 | — | Quarterly |
| 1999-02-05 | 1999-03-09 | $0.0183 | — | Quarterly |
| 1998-11-05 | 1998-12-08 | $0.0183 | — | Quarterly |
| 1998-08-06 | 1998-09-09 | $0.0183 | — | Quarterly |
| 1998-05-07 | 1998-06-09 | $0.0183 | — | Quarterly |
| 1998-02-06 | 1998-03-10 | $0.0183 | — | Quarterly |
| 1997-11-06 | 1997-12-09 | $0.0183 | — | Quarterly |
| 1997-08-14 | 1997-09-09 | $0.0183 | −99.4% | |
| 1997-08-01 | — | $3.14 | +10,476.0% | |
| 1997-05-01 | — | $0.0297 | — | |
| 1997-02-06 | — | $0.0297 | — | |
| 1996-11-06 | — | $0.0297 | — | |
| 1996-08-07 | — | $0.0297 | — | |
| 1996-05-08 | — | $0.0297 | — | |
| 1996-02-07 | — | $0.0297 | — | |
| 1995-11-06 | — | $0.0297 | — | |
| 1995-08-04 | — | $0.0297 | — | |
| 1995-05-03 | — | $0.0297 | — | |
| 1995-02-06 | — | $0.0297 | — | |
| 1994-10-25 | — | $0.0297 | — | |
| 1994-08-02 | — | $0.0297 | — | |
| 1994-05-03 | — | $0.0297 | — | |
| 1994-01-25 | — | $0.0297 | — | |
| 1993-10-26 | — | $0.0297 | +18.2% | |
| 1993-07-21 | — | $0.0251 | — | |
| 1993-05-10 | — | $0.0251 | — | |
| 1993-01-26 | — | $0.0251 | — | |
| 1992-10-23 | — | $0.0251 | — | |
| 1992-07-21 | — | $0.0251 | — | |
| 1992-05-12 | — | $0.0251 | +22.2% | |
| 1992-02-04 | — | $0.0206 | — | |
| 1991-10-23 | — | $0.0206 | — | |
| 1991-07-24 | — | $0.0206 | — | |
| 1991-04-30 | — | $0.0206 | +28.6% | |
| 1991-01-25 | — | $0.016 | — | |
| 1990-10-29 | — | $0.016 | — | |
| 1990-07-31 | — | $0.016 | — | |
| 1990-04-24 | — | $0.016 | +40.0% | |
| 1990-01-30 | — | $0.0114 | — | |
| 1989-11-06 | — | $0.0114 | — | |
| 1989-08-01 | — | $0.0114 | — | |
| 1989-05-02 | — | $0.0114 | −54.5% | |
| 1984-08-07 | — | $0.0251 | — | |
| 1984-05-10 | — | $0.0251 | — | |
| 1984-02-06 | — | $0.0251 | — | |
| 1983-11-03 | — | $0.0251 | +10.0% | |
| 1983-08-08 | — | $0.0228 | — | |
| 1983-05-12 | — | $0.0228 | — | |
| 1983-02-04 | — | $0.0228 | — | |
| 1982-11-05 | — | $0.0228 | +25.0% | |
| 1982-08-06 | — | $0.0183 | — | |
| 1982-05-06 | — | $0.0183 | — | |
| 1982-02-05 | — | $0.0183 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
VLO stock split history
- 1094:1000May 2, 2013
- 2:1December 16, 2005
- 2:1October 8, 2004
VLO dividend overview
Valero pays an annual dividend of $4.80 per share, a yield of 1.08% at the latest close, paid quarterly. It paid $4.52 per share in 2025, up 5.6% from 2024. It has raised its dividend for 3 consecutive years. Over five years the dividend grew 2.9% a year on average and over ten years 10.3% a year. The payout ratio is 19.5% of trailing earnings.
Related: VLO cash flow statement, VLO key metrics, VLO chart. See the VLO stock overview for the latest quote and news.
VLO dividends FAQ
Does Valero pay a dividend?
Yes. Valero has paid a regular dividend since 1989, quarterly, most recently $1.20 per share with an ex-dividend date of July 31, 2026. It also paid dividends from 1982 to 1984.
What is Valero's dividend yield?
Valero's forward annual dividend is $4.80 per share, a dividend yield of 1.08% at the latest close of $444.71.
How often does Valero pay dividends?
Valero pays dividends quarterly.
How fast is Valero's dividend growing?
Valero's dividend per share grew from $3.92 in 2020 to $4.52 in 2025, 2.9% a year on average over five years; it has increased for 3 years in a row.
What is Valero's dividend payout ratio?
Valero pays out 19.5% of its trailing earnings as dividends and 27.9% of its free cash flow (fiscal 2025).
Has Valero split its stock?
Valero has split its stock 3 times: 1094:1000 on May 2, 2013, 2:1 on December 16, 2005, 2:1 on October 8, 2004. Dividends per share on this page are adjusted for splits.