Union Pacific As of June 21, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
UNP $5.20 10.2% 21.6% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Railroad 2.5% 16 14.3% Quarter 1899
Union Pacific hikes dividend by 10.2%

Railroad operator Union Pacific Corp (UNP) will raise its quarterly dividend by 10.2 percent to $1.30 per share in 2022. Last year UNP announced a total 21.6 percent dividend hike.

The dividend is payable June 30, 2022, to shareholders of record May 31, 2022. Union Pacific has paid dividends on its common stock for 123 consecutive years. A new annual rate of $5.20 per share yields 2.3% at a stock price of $227.86. The ex-dividend date for the next UNP dividend is May 27, 2022.

"Union Pacific continues to generate strong cash returns for our shareholders," said Jennifer Hamann, Union Pacific executive vice president and chief financial officer. "Today's dividend increase is consistent with our targeted dividend payout ratio of 45 percent."

Union Pacific Corporation is a railroad operating company. Union Pacific Railroad is the principal operating company of Union Pacific Corporation, connecting 23 states in the western two-thirds of the country by rail. The railroad's business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. The company operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways.  Union Pacific has paid dividends on its common stock every year since 1899.

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Ex-date Ticker Yield YTD hike
Jul 05 CSCO 3.4% 2.7%
Jul 05 CMCSA 2.8% 8.0%
Jul 05 DGX 2.0% 6.5%
Jul 05 GPS 6.8% 25.0%
Jul 05 JPM 3.5% 0.0%
Jul 06 CPB 3.1% 0.0%
Jul 06 SRE 3.2% 4.1%
Jul 07 ROP 0.6% 0.0%
Jul 07 MA 0.6% 0.0%
Jul 07 NTAP 3.1% 0.0%