Union Pacific on Track for $0.69 Dividend

Railroad operator Union Pacific  (NYSE: UNP  ) will pay  a second-quarter dividend of $0.69 per share, the same rate it's paid in the last two quarters after raising the payout 15% from $0.60 per share, the company announced yesterday. 

The board of directors said the quarterly dividend is payable on July 1 to the holders of record at the close of business on May 31. Union Pacific has paid dividends for 114 consecutive years and over that time has split its share six times, most recently in 2008.

The regular dividend payment equates to a $2.76-per-share annual dividend yielding 1.8% based on the closing price of Union Pacific's stock on May 16.

UNP Dividend Chart

UNP Dividend data by YCharts.


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Rich Duprey

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.


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11/25/2015 4:02 PM
UNP $84.63 Up +0.38 +0.45%
Union Pacific Corp CAPS Rating: *****