Looking at the universe of stocks we cover at Dividend Channel , on 2/9/15, Valero Energy Corp. (Symbol: VLO) will trade ex-dividend, for its quarterly dividend of $0.40, payable on 3/3/15. As a percentage of VLO's recent stock price of $54.52, this dividend works out to approximately 0.73%, so look for shares of Valero Energy Corp. to trade 0.73% lower - all else being equal - when VLO shares open for trading on 2/9/15.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from VLO is likely to continue, and whether the current estimated yield of 2.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VLO shares, versus its 200 day moving average:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.