By the close of today, December 28, 2023, Union Pacific UNP will issue a dividend payout of $1.30 per share, resulting in an annualized dividend yield of 2.37%. Only those investors who owned the stock prior to the ex-dividend date on December 07, 2023 will receive this payout.
Union Pacific Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-07 | 4 | $1.3 | 2.37% | 2023-11-28 | 2023-12-08 | 2023-12-28 |
| 2023-08-30 | 4 | $1.3 | 2.41% | 2023-07-26 | 2023-08-31 | 2023-09-29 |
| 2023-05-30 | 4 | $1.3 | 2.62% | 2023-05-18 | 2023-05-31 | 2023-06-30 |
| 2023-02-27 | 4 | $1.3 | 2.51% | 2023-02-09 | 2023-02-28 | 2023-03-31 |
| 2022-12-16 | 4 | $1.3 | 2.44% | 2022-12-09 | 2022-12-19 | 2022-12-29 |
| 2022-08-30 | 4 | $1.3 | 2.36% | 2022-07-28 | 2022-08-31 | 2022-09-30 |
| 2022-05-27 | 4 | $1.3 | 2.32% | 2022-05-12 | 2022-05-31 | 2022-06-30 |
| 2022-02-25 | 4 | $1.18 | 1.88% | 2022-02-03 | 2022-02-28 | 2022-03-31 |
| 2021-12-17 | 4 | $1.18 | 1.91% | 2021-12-10 | 2021-12-20 | 2021-12-30 |
| 2021-08-30 | 4 | $1.07 | 1.98% | 2021-07-29 | 2021-08-31 | 2021-09-30 |
| 2021-05-27 | 4 | $1.07 | 1.93% | 2021-05-13 | 2021-05-28 | 2021-06-30 |
| 2021-02-25 | 4 | $0.97 | 1.9% | 2021-02-04 | 2021-02-26 | 2021-03-31 |
When comparing Union Pacific's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Ryder System R having the highest annualized dividend yield at 2.43%.
Analyzing Union Pacific Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $3.70 to $5.08, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Union Pacific
The earnings chart above shows that from 2019 to 2022, Union Pacific has experienced an increase in their earnings from $8.49 per share to $11.35 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
In this article, we explore the recent dividend payout of Union Pacific and its significance for shareholders. The company has decided to distribute a dividend of $1.30 per share today, which equates to an annualized dividend yield of 2.37%.
When comparing Union Pacific's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Ryder System having the highest annualized dividend yield at 2.43%.
Given that Union Pacific has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[Monitor live stock price updates for Union Pacific on Benzinga.](https://www.benzinga.com/quote/Union Pacific (NYSE: UNP))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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