Valvoline Declares Quarterly Dividend
Valvoline Inc. (NYSE: VVV) has declared a quarterly cash dividend of $0.125 per share, payable on June 15, 2022, to shareholders on record as of May 31, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Valvoline Inc. (NYSE: VVV) has declared a quarterly cash dividend of $0.125 per share, payable on June 15, 2022, to shareholders on record as of May 31, 2022. This announcement underscores Valvoline's commitment to returning value to its shareholders while maintaining its position as a leader in vehicle care and innovative products.
Positive
- Quarterly cash dividend of $0.125 per share declared.
- Dividend payout demonstrates commitment to returning value to shareholders.
Negative
- None.
Details
News Market Reaction – VVV
The recorded move for VVV in the trading session of this news was -3.55%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LEXINGTON, Ky., April 21, 2022 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a global leader in vehicle car powering the future of mobility through innovative services and products, today announced that its board of directors declared a quarterly cash dividend of
About Valvoline™
Valvoline Inc. (NYSE: VVV) is a global leader in vehicle care powering the future of mobility through innovative services and products for vehicles with electric, hybrid and internal combustion powertrains. Established in 1866, the Company introduced the world's first branded motor oil and developed strong brand recognition and customer satisfaction ratings across multiple service and product channels over the years. The Company operates and franchises approximately 1,600 service center locations and is the No. 2 and No. 3 largest chain in the U.S. and Canada, respectively, by number of stores. With sales in more than 140 countries and territories, Valvoline's solutions are available for every engine and drivetrain, including high-mileage and heavy-duty vehicles, and are offered at more than 80,000 locations worldwide. Creating the next generation of advanced automotive solutions, Valvoline has established itself as the world's leading supplier of battery fluids to electric vehicle manufacturers, offering tailored products to help extend vehicle range and efficiency. To learn more, or to find a Valvoline service center near you, visit www.valvoline.com.
TM Trademark, Valvoline or its subsidiaries, registered in various countries
SM Service mark, Valvoline or its subsidiaries, registered in various countries
FOR FURTHER INFORMATION
Investor Relations
Sean T. Cornett
+1 (859) 357-3155
ir@valvoline.com
Media Relations
Michele Gaither Sparks
+1 (859) 230-8097
michele.sparks@valvoline.com
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SOURCE Valvoline Inc.
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