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%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 2.79%5Y: 3.56%10Y: 3.95%

Dividend Growth

CAGR (per year)1Y: 5.61%5Y: 2.89%10Y: 10.27%→ Stable

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.

YearPrevious DPSNew DPSChange
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$3.92000.0%
2021$3.9200$3.92000.0%
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$0.07310.0%
1999$0.0731$0.07310.0%
1998$3.2381$0.0731-97.7%
1997$0.1188$3.2381+2625.0%
1996$0.1188$0.11880.0%
1995$0.1188$0.11880.0%
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%.