Union Pacific Corporation (UNP) to Issue Quarterly Dividend of $1.38 on December 30th

Union Pacific Corporation (NYSE:UNP) declared a quarterly dividend on Tuesday, November 18th. Shareholders of record on Friday, December 5th will be given a dividend of 1.38 per share by the railroad operator on Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, December 5th.

Union Pacific has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 18 consecutive years. Union Pacific has a dividend payout ratio of 43.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Union Pacific to earn $13.11 per share next year, which means the company should continue to be able to cover its $5.52 annual dividend with an expected future payout ratio of 42.1%.

Union Pacific Trading Up 0.1%

UNP opened at $221.10 on Thursday. The stock has a market capitalization of $131.15 billion, a PE ratio of 18.78, a P/E/G ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.60 and a current ratio of 0.75. The business’s 50 day moving average price is $224.49 and its 200 day moving average price is $224.76. Union Pacific has a one year low of $204.66 and a one year high of $256.84.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.09. The firm had revenue of $6.24 billion for the quarter, compared to the consensus estimate of $6.24 billion. Union Pacific had a net margin of 28.73% and a return on equity of 42.23%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.75 EPS. As a group, equities research analysts expect that Union Pacific will post 11.99 EPS for the current year.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.