By Colin Kellaher
Valero Energy's board has raised the company's quarterly dividend by 6.2%, to $1.20 from $1.13.
The new payout, equal to $4.80 a year, represents an annual yield of 2.57% based on Thursday's closing price of $186.89, up from 2.42%.
The San Antonio, Texas, maker of transportation fuels and petrochemical products said the increased dividend is payable on March 9 to shareholders of record Feb. 5.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 22, 2026 17:05 ET (22:05 GMT)
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