Valero Energy Corporation(NYSE:VLO) Declares Dividend of $0.6000.

Valero Energy Corporation (NYSE:VLO) had declared a cash dividend of $0.6000 on Jul 28, 2016. The shares will quote ex-dividend on Aug 9, 2016 and the record date has been fixed for Aug 11, 2016. On Jul 28, 2016 share price, the yield comes out to be 4.6270%. The dividend payable date has been fixed on Sep 8, 2016.

In a different note, On Jun 10, 2016, JP Morgan said it Maintains its rating on Valero Energy Corporation. In the research note, the firm Lowers the price-target to $57.00 per share. The shares have been rated ‘Overweight’ by the firm. UBS said it Initiates Coverage on Valero Energy Corporation, according to a research note issued on May 19, 2016. The shares have been rated ‘Neutral’ by the firm. On May 16, 2016, Tudor Pickering said it Downgrades its rating on Valero Energy Corporation. The shares have been rated ‘Hold’ by the firm. On May 13, 2016, Erste Group said it Downgrades its rating on Valero Energy Corporation. The shares have been rated ‘Hold’ by the firm.

Valero Energy Corporation (VLO) shares turned negative on Thursdays trading session with the shares closing down -1.38 points or -2.52% at a volume of 88,40,431. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $54.65. The peak price level was also seen at $54.65 while the days lowest was $53.09. Finally the shares closed at $53.33. The 52-week high of the shares is $73.88 while the 52-week low is $46.88. According to the latest information available, the market cap of the company is $25,055 M.

Valero Energy Corporation(VLO) last announced its earnings results on Jul 26, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $19.58B. Analysts had an estimated revenue of $16.73B. Earnings per share were $1.07. Analysts had estimated an EPS of $1.24.

Several Insider Transactions has been reported to the SEC. On Nov 24, 2015, R. Michael Crownover (EVP) sold 17,104 shares at $72.98 per share price.Also, On Aug 13, 2015, Michael S Ciskowski (EVP and CFO) sold 29,910 shares at $68.14 per share price.On Aug 3, 2015, Stephen M Waters (director) sold 4,000 shares at $65.54 per share price, according to the Form-4 filing with the securities and exchange commission.

Valero Energy Corp (Valero) is an international manufacturer and marketer of transportation fuels other petrochemical products and power. The Company’s refineries can produce conventional gasolines premium gasolines gasoline diesel fuel low-sulfur diesel fuel ultra-low-sulfur diesel fuel CARB diesel fuel other distillates jet fuel asphalt petrochemicals lubricants and other refined products. The Company markets branded and unbranded refined products through approximately 7400 outlets. The Company also owns 11 ethanol plants in the central plains region of the United States that primarily produce ethanol. The Company operates through two segments. The refining segment includes refining operations wholesale marketing product supply and distribution and transportation operations in the United States Canada the United Kingdom Aruba and Ireland. Its ethanol segment primarily includes sale of internally produced ethanol and distillers grains.

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