Union Pacific announces a 2.9% rise in its quarterly dividend to $1.42, marking a forward yield of 1.94%.
Union Pacific has increased its quarterly dividend by 2.9% to $1.42 per share, up from the previous $1.38. The move reflects the company’s ongoing commitment to returning value to shareholders amid stable financial performance.
The prior dividend stood at $1.38, with the latest adjustment aligning with the company’s historical pattern of modest annual increases. The forward yield on the new dividend is 1.94%, payable on September 30 to shareholders of record by August 31.
No immediate market reaction was disclosed in the announcement.