On October 25, 2007, the Board of Directors of Valero Energy Corporation (NYSE:VLO) declared a regular quarterly cash dividend on the company's common stock of $0.12 per share. The dividend is payable December 12, 2007 to holders of record at the close of business on November 7, 2007.
Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 22,000 employees and 2006 revenues of more than $90 billion. The company owns and operates 17 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.1 million barrels per day, making it the largest refiner in North America. Valero is also one of the nation's largest retail operators with approximately 5,800 retail and branded wholesale outlets in the United States, Canada and the Caribbean under various brand names including Valero, Diamond Shamrock, Shamrock, Ultramar, and Beacon. Please visit www.valero.com for more information.