Valero Energy (VLO) Dividend History & Yield
Valero Energy (VLO) has increased its dividend for 4 consecutive years and currently yields 1.88%. The most recent payment was $1.2000/share on Feb 5, 2026, paid Quarterly.
Current Yield
1.88%
TTM Dividend/Share
$4.59
Payment Frequency
Quarterly
Payout Ratio
59.8%
Consecutive Growth Years
4
Div Growth (1Y CAGR)
5.61%
Div Growth (5Y CAGR)
2.89%
Div Growth (10Y CAGR)
10.27%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 59.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($16.28) covers dividend/share ($4.59).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 4 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Feb 5, 2026
- Payment date
- Mar 9, 2026
- Dividend
- $1.2000
- Adj. dividend
- $1.2000
- Yield (ex-date)
- 2.36%
Ex-date Nov 20, 2025
- Payment date
- Dec 18, 2025
- Dividend
- $1.1300
- Adj. dividend
- $1.1300
- Yield (ex-date)
- 2.65%
Ex-date Jul 31, 2025
- Payment date
- Sep 2, 2025
- Dividend
- $1.1300
- Adj. dividend
- $1.1300
- Yield (ex-date)
- 3.25%
Ex-date May 20, 2025
- Payment date
- Jun 18, 2025
- Dividend
- $1.1300
- Adj. dividend
- $1.1300
- Yield (ex-date)
- 3.33%
Ex-date Jan 30, 2025
- Payment date
- Mar 3, 2025
- Dividend
- $1.1300
- Adj. dividend
- $1.1300
- Yield (ex-date)
- 3.20%
Ex-date Nov 20, 2024
- Payment date
- Dec 20, 2024
- Dividend
- $1.0700
- Adj. dividend
- $1.0700
- Yield (ex-date)
- 3.03%
Ex-date Aug 1, 2024
- Payment date
- Sep 3, 2024
- Dividend
- $1.0700
- Adj. dividend
- $1.0700
- Yield (ex-date)
- 2.70%
Ex-date May 30, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $1.0700
- Adj. dividend
- $1.0700
- Yield (ex-date)
- 2.77%
Ex-date Jan 31, 2024
- Payment date
- Mar 4, 2024
- Dividend
- $1.0700
- Adj. dividend
- $1.0700
- Yield (ex-date)
- 2.97%
Ex-date Nov 16, 2023
- Payment date
- Dec 20, 2023
- Dividend
- $1.0200
- Adj. dividend
- $1.0200
- Yield (ex-date)
- 3.35%
Ex-date Aug 2, 2023
- Payment date
- Sep 5, 2023
- Dividend
- $1.0200
- Adj. dividend
- $1.0200
- Yield (ex-date)
- 3.20%
Ex-date May 22, 2023
- Payment date
- Jun 22, 2023
- Dividend
- $1.0200
- Adj. dividend
- $1.0200
- Yield (ex-date)
- 3.55%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Feb 5, 2026 | Mar 9, 2026 | $1.2000 | $1.2000 | 2.36% |
| Nov 20, 2025 | Dec 18, 2025 | $1.1300 | $1.1300 | 2.65% |
| Jul 31, 2025 | Sep 2, 2025 | $1.1300 | $1.1300 | 3.25% |
| May 20, 2025 | Jun 18, 2025 | $1.1300 | $1.1300 | 3.33% |
| Jan 30, 2025 | Mar 3, 2025 | $1.1300 | $1.1300 | 3.20% |
| Nov 20, 2024 | Dec 20, 2024 | $1.0700 | $1.0700 | 3.03% |
| Aug 1, 2024 | Sep 3, 2024 | $1.0700 | $1.0700 | 2.70% |
| May 30, 2024 | Jun 28, 2024 | $1.0700 | $1.0700 | 2.77% |
| Jan 31, 2024 | Mar 4, 2024 | $1.0700 | $1.0700 | 2.97% |
| Nov 16, 2023 | Dec 20, 2023 | $1.0200 | $1.0200 | 3.35% |
| Aug 2, 2023 | Sep 5, 2023 | $1.0200 | $1.0200 | 3.20% |
| May 22, 2023 | Jun 22, 2023 | $1.0200 | $1.0200 | 3.55% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Valero Energy has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 4 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.5200 | — | — |
| 2025 | $4.2800 | $4.5200 | +5.6% |
| 2024 | $4.0800 | $4.2800 | +4.9% |
| 2023 | $3.9200 | $4.0800 | +4.1% |
| 2022 | $3.9200 | $3.9200 | 0.0% |
| 2021 | $3.9200 | $3.9200 | 0.0% |
| 2020 | $3.6000 | $3.9200 | +8.9% |
| 2019 | $3.2000 | $3.6000 | +12.5% |
| 2018 | $2.8000 | $3.2000 | +14.3% |
| 2017 | $2.4000 | $2.8000 | +16.7% |
| 2016 | $1.7000 | $2.4000 | +41.2% |
| 2015 | $1.0500 | $1.7000 | +61.9% |
| 2014 | $0.8328 | $1.0500 | +26.1% |
| 2013 | $0.5941 | $0.8328 | +40.2% |
| 2012 | $0.2742 | $0.5941 | +116.7% |
| 2011 | $0.1828 | $0.2742 | +50.0% |
| 2010 | $0.5484 | $0.1828 | -66.7% |
| 2009 | $0.5210 | $0.5484 | +5.3% |
| 2008 | $0.4388 | $0.5210 | +18.7% |
| 2007 | $0.2742 | $0.4388 | +60.0% |
| 2006 | $0.1737 | $0.2742 | +57.9% |
| 2005 | $0.1325 | $0.1737 | +31.0% |
| 2004 | $0.0960 | $0.1325 | +38.1% |
| 2003 | $0.0914 | $0.0960 | +5.0% |
| 2002 | $0.0777 | $0.0914 | +17.6% |
| 2001 | $0.0731 | $0.0777 | +6.2% |
| 2000 | $0.0731 | $0.0731 | 0.0% |
| 1999 | $0.0731 | $0.0731 | 0.0% |
| 1998 | $3.2381 | $0.0731 | -97.7% |
| 1997 | $0.1188 | $3.2381 | +2625.0% |
| 1996 | $0.1188 | $0.1188 | 0.0% |
| 1995 | $0.1188 | $0.1188 | 0.0% |
| 1994 | $0.1051 | $0.1188 | +13.0% |
| 1993 | $0.0960 | $0.1051 | +9.5% |
| 1992 | $0.0777 | $0.0960 | +23.5% |
| 1991 | $0.0594 | $0.0777 | +30.8% |
| 1990 | $0.0343 | $0.0594 | +73.3% |
| 1989 | $0.0754 | $0.0343 | -54.5% |
| 1984 | $0.0937 | $0.0754 | -19.5% |
| 1983 | $0.0777 | $0.0937 | +20.6% |
| 1982 | — | $0.0777 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Valero Energy pay dividends?
- Yes, Valero Energy (VLO) pays quarterly dividends of approximately $4.59 per share annually, yielding 1.88%.
What is Valero Energy's dividend yield?
- Valero Energy (VLO) has a current dividend yield of 1.88%.
Is Valero Energy's dividend safe?
- Valero Energy (VLO) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Valero Energy increased its dividend?
- Valero Energy (VLO) has 4 consecutive years of dividend increases.
What is Valero Energy's dividend payout ratio?
- Valero Energy (VLO) has a dividend payout ratio of 59.8%.
