Union Pacific Raises Quarterly Dividend by 10.2% to 97 Cents
July 25 2019 - 5:10PM
Dow Jones News
By Colin Kellaher
Union Pacific Corp. (UNP) on Thursday said board raised the
quarterly dividend by 10.2% to 97 cents from 88 cents.
The new payout, equal to $3.88 a year, represents an annual
yield of about 2.24% based on Thursday's closing price of $173.21,
up from about 2.03%.
The Omaha, Neb., freight railroad said the increased dividend is
payable Sept. 30 to shareholders of record Aug. 30.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 25, 2019 16:55 ET (20:55 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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