Valvoline Inc. (VVV)
Valvoline Inc. is a global provider of automotive lubricants, oils, and fluids, with a long-standing history in the automotive aftermarket industry. The company offers a range of products and services including motor oil, additives, and vehicle maintenance services through company-operated and franchised service centers. Valvoline is known for its premium-quality products and emphasis on innovation in automotive care.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 15, 2022 | $0.12 | 2022-12-01 | 2022-12-02 |
| September 15, 2022 | $0.12 | 2022-08-30 | 2022-08-31 |
| June 15, 2022 | $0.12 | 2022-05-27 | 2022-05-31 |
| March 15, 2022 | $0.12 | 2022-02-25 | 2022-02-28 |
| December 15, 2021 | $0.12 | 2021-11-26 | 2021-11-29 |
Dividends Summary
- Valvoline Inc. has issued 25 dividend payments over the past 6 years
- The most recent dividend was paid 1042 days ago, on December 15, 2022
- The highest dividend payed out to investors during this period was $0.12 per share
- The average dividend paid during this period was $0.10 per share.
Company News
The global lubricants market is projected to reach USD 223.2 billion by 2034, growing at a 5.2% CAGR. Demand is driven by increased mechanization, sustainability goals, and innovations for EVs and emissions norms. Key trends include growth in synthetic and bio-based lubricants, smart lubricants, and bespoke formulations.
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Valvoline's (VVV) fiscal second-quarter earnings and revenues surpass estimates on higher system-wide same-store sales.