UNP Dividend History & Analysis | 2.4% Yield

UNP has a dividend yield of 2.4% and paid 5.44 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.35%
Payout Ratio 46.7%
Growth Rate CAGR 5y 6.12%
Consistency Lifetime 97.4%
Yield on Cost 5y 3.06%
Payout FCF 53.7%
Streak Years 41
Dividend Rating 65.29%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: -4.2%
Total Return 5y: 31.5%

Top Dividend Payers in Rail Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
GET 10,462 M 3.50% 4.89%
CNI 62,551 M 2.59% 2.76%
NSC 64,841 M 2.10% 2.50%
VOS 1,902 M 1.56% 2.88%
CSX 68,307 M 1.59% 1.92%
Top 4 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
GET 10,462 M 84.6% 88.6%
CNI 62,551 M 6.71% 100%
NSC 64,841 M 6.74% 97.6%
VOS 1,902 M 2.41% 81.8%

UNP Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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% 0.51%
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%
2021-05-27 2021-05-28 2021-06-30 Quarterly 1.07 10.3% 0.48%
2021-02-25 2021-02-26 2021-03-31 Quarterly 0.97 0% 0.46%
2020-11-27 2020-11-30 2020-12-30 Quarterly 0.97 0% N/A
2020-08-28 2020-08-31 2020-09-30 Quarterly 0.97 0% N/A
2020-05-28 2020-05-29 2020-06-30 Quarterly 0.97 0% N/A
2020-02-27 2020-02-28 2020-03-31 Quarterly 0.97 0% N/A
2019-11-27 2019-11-29 2019-12-30 Quarterly 0.97 0% N/A
2019-08-29 2019-08-30 2019-09-30 Quarterly 0.97 10.2% N/A
2019-05-30 2019-05-31 2019-06-28 Quarterly 0.88 0% N/A
2019-02-27 2019-02-28 2019-03-29 Quarterly 0.88 10% N/A
2018-11-29 2018-11-30 2018-12-28 Quarterly 0.8 0% N/A
2018-08-30 2018-08-31 2018-09-28 Quarterly 0.8 9.6% N/A
2018-05-30 2018-05-31 2018-06-29 Quarterly 0.73 0% N/A
2018-02-27 2018-02-28 2018-03-30 Quarterly 0.73 9.8% N/A
2017-11-29 2017-11-30 2017-12-28 Quarterly 0.665 9.9% N/A
2017-08-29 2017-08-31 2017-09-29 Quarterly 0.605 0% N/A
2017-05-26 2017-05-31 2017-06-30 Quarterly 0.605 0% N/A
2017-02-24 2017-02-28 2017-03-31 Quarterly 0.605 0% N/A
2016-11-28 2016-11-30 2016-12-29 Quarterly 0.605 10% N/A
2016-08-29 2016-08-31 2016-09-30 Quarterly 0.55 0% N/A
2016-05-26 2016-05-31 2016-06-30 Quarterly 0.55 0% N/A
2016-02-25 2016-02-29 2016-03-31 Quarterly 0.55 0% N/A
2015-11-25 2015-11-30 2015-12-30 Quarterly 0.55 0% N/A
2015-08-27 2015-08-31 2015-09-30 Quarterly 0.55 0% N/A
2015-05-27 2015-05-29 2015-06-30 Quarterly 0.55 0% N/A
2015-02-25 2015-02-27 2015-03-30 Quarterly 0.55 10% N/A
2014-11-28 2014-12-02 2015-01-02 Quarterly 0.5 0% N/A
2014-08-27 2014-08-29 2014-10-01 Quarterly 0.5 9.9% N/A
2014-06-12 2014-06-16 2014-07-01 Quarterly 0.455 -50% N/A
2014-02-26 2014-02-28 2014-04-01 Quarterly 0.91 15.2% N/A
2013-11-29 2013-12-03 2014-01-02 Quarterly 0.79 0% N/A
2013-08-28 2013-08-30 2013-10-01 Quarterly 0.79 0% N/A

UNP Dividend FAQ

Union Pacific Corporation (NYSE: UNP) operates the nation’s largest freight-rail network, moving a diversified mix of commodities-including grain, fertilizers, coal, renewables, intermodal containers, and automotive goods-across the United States. Founded in 1862 and headquartered in Omaha, Nebraska, the company serves grain processors, ethanol producers, construction firms, and a broad range of industrial customers.

What is the Dividend Yield of UNP?

As of January 2026, UNP`s dividend yield is 2.35%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.44 USD by the current share price of 233.58.

Does UNP pay a dividend?

As of January 2026, UNP paid a dividend of 5.44 USD in the last 12 months. The last dividend was paid on 2025-12-05 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 2025-12-05.

UNP dividend forecast

Based on historical data, the forecasted dividends per share for UNP for the next 4 payments are between 1.452 (+5.2%) and 1.504 (+9.0%).
This indicates a solid dividend increase compared to the last payment.

Will UNP pay dividends in 2026?

The latest dividend paid per share was 1.38 USD with an Ex-Dividend Date of 2025-12-05. 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 6.12% 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 3.06%. If you bought UNP's shares at 177.58 USD five years ago, your current annual dividend income (5.44 USD per share, trailing 12 months) equals 3.06% of your original purchase price.

What is the Payout Consistency of UNP?

UNP Payout Consistency is 97.4%. 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 2.35% 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 46.7%. 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 65.29%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

UNP Outstanding Shares Analysis

What is the Trend in UNP's Outstanding Shares?

Union Pacific's outstanding shares have decreased by approximately 1.38% annually over the past 3 years (Trend Reliability: -100.0%).

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
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 593,200,000 -2.53%

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: 2026-01-23 02:40