LEXINGTON, Ky.--(BUSINESS WIRE)-- Valvoline Inc. (NYSE: VVV) today announced that its board of directors declared a quarterly cash dividend of 7.45 cents per share of ValvolineTM common stock. The dividend is payable on March 15, 2018, to shareholders of record as of the close of business on March 1, 2018.
Valvoline Inc. (NYSE:VVV) is a leading worldwide producer and distributor of premium-branded automotive, commercial and industrial lubricants, and automotive chemicals. Valvoline ranks as the #2 quick-lube chain by number of stores and #3 passenger car motor oil in the DIY market by volume in the United States. The brand operates and franchises more than 1,100 Valvoline Instant Oil ChangeSM centers in the United States. It also markets ValvolineTM lubricants and automotive chemicals; MaxLifeTM lubricants created for higher-mileage engines, SynPowerTM synthetic motor oil; and ZerexTM antifreeze. Visit www.valvoline.com to learn more.
TM Trademark, Valvoline or its subsidiaries, registered in
SM Service mark, Valvoline or its subsidiaries, registered in various countries
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Sean T. Cornett, +1 859-357-2798
Valerie Schirmer, +1 859-357-3235
Source: Valvoline Inc.Copyright Business Wire 2018