Why Valero Energy is a Top Socially Responsible Dividend Stock (VLO)
Valero Energy Corp (Symbol: VLO) named top socially responsible dividend stock. Dividend channelmeans stocks above average ”Payout rank” Recognized as a socially responsible investment by prominent asset managers through analysis of social and environmental criteria, in addition to statistics including a strong yield of 3.0%. Environmental standards include considerations such as the environmental impact of a company’s products and services, and the company’s efficiency in its use of energy and resources. Social criteria include factors such as human rights, child labor, corporate diversity, and the company’s impact on society. For example, business activities related to weapons, gambling, tobacco and alcohol are considered.
according to ETF Finder and ETF channelValero Energy Corp is a member of the iShares MSCI USA ESG Select ETF (SUSA) and represents 0.59% of the fund’s underlying holdings. It represents 0.31% of the Fund’s underlying holdings.
Valero Energy Corp pays an annual dividend of $3.92 per share, currently paid in quarterly installments, with the most recent ex-dividend date of November 16, 2022. Below is the VLO’s long-term dividend history chart, which the DividendRank report highlights as important.Indeed, study the company’s past Dividend history Helps determine if the most recent dividend is likely to continue.
VLO operates in the oil and gas refining and marketing sector among companies such as Chevron Corporation (CVX) and Equinor ASA (EQNR).
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/why-valero-energy-is-a-top-socially-responsible-dividend-stock-vlo Why Valero Energy is a Top Socially Responsible Dividend Stock (VLO)