Valero Energy Dividend
Dividend criteria checks 5/6
Valero Energy is a dividend paying company with a current yield of 3.24% that is well covered by earnings.
Key information
3.2%
Dividend yield
14%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €30.87 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VLE's dividends per share have been stable in the past 10 years.
Growing Dividend: VLE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Valero Energy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VLE) | 3.2% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Oil and Gas) | 2.6% |
Analyst forecast in 3 Years (VLE) | 3.4% |
Notable Dividend: VLE's dividend (3.24%) is higher than the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: VLE's dividend (3.24%) is low compared to the top 25% of dividend payers in the German market (5.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.7%), VLE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.2%), VLE's dividend payments are well covered by cash flows.