UNP Dividend History & Analysis | 2.3% Yield

UNP has a dividend yield of 2.3% and paid 5.52 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.26%
Payout Ratio 46.4%
Growth Rate CAGR 5y 2.8%
Consistency Lifetime 100%
Yield on Cost 5y 2.8%
Payout FCF 57.1%
Streak Years 5
Dividend Rating 54.5%
Chowder Number yield + growth 5% below 15% target for healthy growth
Yield vs Average 5y +8.5% avg 2.08% vs now 2.26%
Debt / EBITDA leverage 2.4x healthy
Income per 10k invested 226 USD per year
Dividends Cash Amount per Share Yearly UNP annual dividends paid per share, showing the total cash Union Pacific distributed to shareholders each year.
Dividend Growth Year over Year UNP year-over-year dividend growth rate, showing how Union Pacific's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History UNP dividend yield history versus share price over the past 5 years, showing how Union Pacific's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Rail Transportation

Top 6 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
GET PA
Getlink SE
11,615 M 4.46% 6.65%
CNI NYSE
Canadian National Railway
73,799 M 2.51% 2.76%
UNP NYSE
Union Pacific
167,576 M 2.26% 2.79%
NSC NYSE
Norfolk Southern
71,695 M 1.85% 2.29%
CSX NASDAQ
CSX
90,844 M 1.41% 1.82%
CP NYSE
Canadian Pacific Kansas City
77,934 M 0.87% 0.96%
Top 6 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
GET PA
Getlink SE
11,615 M 53.67% 100.0%
CSX NASDAQ
CSX
90,844 M 8.94% 100.0%
CNI NYSE
Canadian National Railway
73,799 M 4.98% 100.0%
UNP NYSE
Union Pacific
167,576 M 2.75% 100.0%
NSC NYSE
Norfolk Southern
71,695 M 3.02% 98.3%
CP NYSE
Canadian Pacific Kansas City
77,934 M 2.53% 97.6%

UNP Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 0.54% 100
Mar - -
Apr - -
May 0.59% 100
Jun - -
Jul - -
Aug 0.56% 100
Sep - -
Oct - -
Nov - -
Dec 0.56% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-29 2026-05-29 2026-06-30 Quarterly 1.38 0% 0.52%
2026-02-27 2026-02-27 2026-03-31 Quarterly 1.38 0% 0.53%
2025-12-05 2025-12-05 2025-12-30 Quarterly 1.38 0% 0.59%
2025-08-29 2025-08-29 2025-09-30 Quarterly 1.38 +3% 0.62%
2025-05-30 2025-05-30 2025-06-30 Quarterly 1.34 0% 0.61%
2025-02-28 2025-02-28 2025-03-31 Quarterly 1.34 0% 0.55%
2024-12-09 2024-12-09 2024-12-30 Quarterly 1.34 0% 0.58%
2024-08-30 2024-08-30 2024-09-30 Quarterly 1.34 +3.1% 0.53%
2024-05-31 2024-05-31 2024-06-28 Quarterly 1.3 0% 0.57%
2024-02-28 2024-02-29 2024-03-29 Quarterly 1.3 0% 0.52%
2023-12-07 2023-12-08 2023-12-28 Quarterly 1.3 0% 0.56%
2023-08-30 2023-08-31 2023-09-29 Quarterly 1.3 0% 0.58%
2023-05-30 2023-05-31 2023-06-30 Quarterly 1.3 0% 0.68%
2023-02-27 2023-02-28 2023-03-31 Quarterly 1.3 0% 0.61%
2022-12-16 2022-12-19 2022-12-29 Quarterly 1.3 0% 0.62%
2022-08-30 2022-08-31 2022-09-30 Quarterly 1.3 0% 0.56%
2022-05-27 2022-05-31 2022-06-30 Quarterly 1.3 +10.2% 0.59%
2022-02-25 2022-02-28 2022-03-31 Quarterly 1.18 0% 0.49%
2021-12-17 2021-12-20 2021-12-30 Quarterly 1.18 +10.3% 0.48%
2021-08-30 2021-08-31 2021-09-30 Quarterly 1.07 0% 0.49%

UNP Dividend FAQ

What is the Dividend Yield of UNP?

As of July 2026, UNP's dividend yield is 2.26%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.52 USD by the current share price of 286.96.

Does UNP pay a dividend?

As of July 2026, UNP paid a dividend of 5.52 USD in the last 12 months. The last dividend was paid on 2026-05-29 and the payout was 1.38 USD.

How often does UNP pay dividends?

UNP pays dividends quarterly. Over the last 12 months, UNP has issued 4 dividend payments. The last dividend payment was made on 2026-05-29.

UNP dividend forecast

Based on historical data, the forecasted dividends per share for UNP for the next payments are between 1.394 (+1.0%) and 1.417 (+2.7%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 1.97%.

Will UNP pay dividends in 2026?

The latest dividend paid per share was 1.38 USD with an Ex-Dividend Date of 2026-05-29. The next Ex-Dividend date for Union Pacific (UNP) is currently unknown.

What is the next Ex-Dividend Date for UNP?

The next Ex-Dividend date for Union Pacific (UNP) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of UNP?

UNP's average dividend growth rate over the past 5 years is 2.75% per year. Strong growth: UNP's dividend growth is outpacing inflation.

What is the Yield on Cost of UNP?

UNP's 5-Year Yield on Cost is 2.79%. If you bought UNP's shares at 197.61 USD five years ago, your current annual dividend income (5.52 USD per share, trailing 12 months) equals 2.79% of your original purchase price.

What is the Payout Consistency of UNP?

UNP Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Union Pacific has a strong track record of consistent dividend payments over its lifetime.

Does UNP have a good Dividend Yield?

UNP's 2.26% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of UNP?

The Dividend Payout Ratio of UNP is 46.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of UNP?

UNP's Overall Dividend Rating is 54.51%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

UNP Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in UNP's Outstanding Shares?

Union Pacific's outstanding shares have decreased by approximately 1.2% annually over the past 3 years (Trend Reliability: -71.9%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has UNP ever had a Stock Split?

Yes, the last stock split was on Jun 9, 2014 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 937,272,700 0%
1986 903,703,700 -3.58%
1987 903,606,600 -0.01%
1988 904,918,000 +0.15%
1989 800,000,000 -11.59%
1990 806,060,600 +0.76%
1991 816,901,400 +1.34%
1992 733,333,300 -10.23%
1993 820,289,900 +11.86%
1994 821,505,400 +0.15%
1995 821,052,600 -0.06%
1996 984,615,400 +19.92%
1997 992,000,000 +0.75%
1998 992,307,700 +0.03%
1999 1,077,200,000 +8.56%
2000 1,084,000,000 +0.63%
2001 1,104,800,000 +1.92%
2002 1,024,800,000 -7.24%
2003 1,050,000,000 +2.46%
2004 1,057,200,000 +0.69%
2005 1,084,000,000 +2.53%
2006 1,091,200,000 +0.66%
2007 1,045,600,000 -4.18%
2008 1,009,200,000 -3.48%
2009 1,017,400,000 +0.81%
2010 988,200,000 -2.87%
2011 962,800,000 -2.57%
2012 944,000,000 -1.95%
2013 921,400,000 -2.39%
2014 889,800,000 -3.43%
2015 853,700,000 -4.06%
2016 822,700,000 -3.63%
2017 787,000,000 -4.34%
2018 732,900,000 -6.87%
2019 694,900,000 -5.18%
2020 674,100,000 -2.99%
2021 642,100,000 -4.75%
2022 613,700,000 -4.42%
2023 609,900,000 -0.62%
2024 608,600,000 -0.21%
2025 593,500,000 -2.48%
2026 593,600,000 +0.02%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-06 02:06 UTC