This Refinery's 5.8% Dividend Yield Is Betting on a Recovery
Valero Energy's dividend has not been cut, despite hard times. There is the possibility for outsized returns from a quicker than anticipated bounce back in demand, but clear risk remains.
The integrated energy companies have had a difficult time amid the COVID-19 pandemic, but refiners have faced even tougher challengesNot only did commodity prices slump materially, but the amount of product being refined has declined as wellStill, there are standouts in the space -- like high-yielding Valero Energy (VLO) . Valero is one of the lar...
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