Valvoline Inc. VVV

Valvoline Inc. pays an annual dividend of $0.50 per share, a yield of 1.64% at the last closing price of $30.49. The most recent ex-dividend date was 2022-12-01 — investors must own shares before that date to receive the payment.

The payout ratio — the share of earnings paid out as dividends — is 62.50%. A ratio at this level means most earnings go to the dividend, which can limit flexibility if profits fall.