Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
May 12 2016 - 4:37PM
The Board of Directors of Valero Energy Corporation (NYSE:VLO)
(“Valero”) has declared a regular quarterly cash dividend on the
company’s common stock of $0.60 per share. The dividend is
payable on June 21, 2016 to holders of record at the close of
business on May 25, 2016.
About Valero
Valero Energy Corporation, through its
subsidiaries, is an international manufacturer and marketer of
transportation fuels, other petrochemical products and power.
Valero subsidiaries employ approximately 10,000 people, and its
assets include 15 petroleum refineries with a combined throughput
capacity of approximately 3.0 million barrels per day, 11 ethanol
plants with a combined production capacity of 1.4 billion gallons
per year, a 50-megawatt wind farm, and renewable diesel production
from a joint venture. Through subsidiaries, Valero owns the
general partner of Valero Energy Partners LP (NYSE:VLP), a
midstream master limited partnership. Approximately 7,500
outlets carry the Valero, Diamond Shamrock, Shamrock, and Beacon
brands in the United States and the Caribbean; Ultramar in Canada;
and Texaco in the United Kingdom and Ireland. Valero is a
Fortune 500 company based in San Antonio. Please visit
www.valero.com for more information.
Valero Contacts Investors:
John Locke, Vice President – Investor Relations, 210-345-3077 Karen
Ngo, Manager – Investor Relations, 210-345-4574
Media: Lillian Riojas, Director – Media
Relations and Communications, 210-345-5002
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Safe-Harbor Statement
Statements contained in this release that state the
company’s or management’s expectations or predictions of the future
are forward-looking statements intended to be covered by the safe
harbor provisions of the Securities Act of 1933 and the Securities
Exchange Act of 1934. The words “believe,” “expect,”
“should,” “estimates,” “intend,” and other similar expressions
identify forward-looking statements. It is important to note
that actual results could differ materially from those projected in
such forward-looking statements. For more information
concerning factors that could cause actual results to differ from
those expressed or forecasted, see Valero’s annual reports on Form
10-K and quarterly reports on Form 10-Q filed with the SEC and on
Valero’s website at www.valero.com, and VLP’s annual reports on
Form 10-K and quarterly reports on Form 10-Q filed with the SEC and
on VLP’s website at www.valeroenergypartners.com.
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