Valero Energy Stock To Go Ex-dividend Monday (VLO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (TheStreet) -- The ex-dividend date for Valero Energy Corporation (NYSE:VLO) is Monday, November 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $29.54 as of 9:36 a.m. ET, the dividend yield is 2.4%.

The average volume for Valero Energy has been nine million shares per day over the past 30 days. Valero Energy has a market cap of $15.98 billion and is part of the basic materials sector and energy industry. Shares are up 40.5% year to date as of the close of trading on Thursday.

Valero Energy Corporation operates as an independent petroleum refining and marketing company. The company operates through three segments: Refining, Ethanol, and Retail. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7.

• EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Valero Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Valero Energy Ratings Report.

See our dividend calendar or top-yielding stocks list.

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.

For more information on Valero Energy Corporation click any of the following:

• Valero Energy Corporation Stock Price

• Valero Energy Corporation Analyst Ratings

• Valero Energy Corporation Key Stats & Profile

• Valero Energy Corporation Earnings

• Valero Energy Corporation Ratio Comparison

• Valero Energy Corporation Growth Rates

• Valero Energy Corporation Balance Sheet

• Valero Energy Corporation Cash Flow

• Valero Energy Corporation Income Statement