Valero: Growing Free Cash Flow To Support Dividend Growth
VLOValero(VLO) Seeking Alpha·2024-06-12 16:18
Sandra Milena Valero Orjuela/iStock via Getty Images Overview I previously covered Valero (NYSE:VLO) back in August of last year. Since then, it has stayed on par with the S&P 500 (SPY) and provided a total return slightly over 21%. Now that a few quarters has gone by, I wanted to revisit and provide some updated insights around the valuation, benefits as a dividend compounder, and the company's outlook. When it came to valuation, I previously conducted a discounted cash flow analysis to get a price tar ...