Omaha, Neb., February 8, 2018
Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today voted to increase the quarterly dividend on the Company’s common shares by 10 percent to 73 cents per share. The increased dividend is payable March 30, 2018, to shareholders of record as of February 28, 2018.
Rob Knight, Union Pacific’s Chief Financial Officer, said:
“This is the second consecutive quarterly dividend increase for Union Pacific shareholders , and is part of our ongoing evaluation of how best to use the benefits of tax reform legislation.”
Union Pacific has paid dividends on its common stock for 119 consecutive years.