Union Pacific Corporation (UNP) To Go Ex-Dividend on May 29th

Union Pacific Corporation (NYSE:UNP) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Friday, May 29th will be given a dividend of 1.38 per share by the railroad operator on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 29th.

Union Pacific has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 18 consecutive years. Union Pacific has a payout ratio of 43.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Union Pacific to earn $13.48 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 40.9%.

Union Pacific Stock Performance

NYSE:UNP opened at $270.58 on Friday. The business’s 50-day moving average price is $252.29 and its two-hundred day moving average price is $242.06. Union Pacific has a twelve month low of $210.84 and a twelve month high of $274.79. The stock has a market cap of $160.65 billion, a P/E ratio of 22.29, a PEG ratio of 2.86 and a beta of 0.99. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.86 by $0.07. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same quarter last year, the firm posted $2.70 EPS. The company’s revenue was up 3.2% compared to the same quarter last year. As a group, equities analysts predict that Union Pacific will post 12.53 EPS for the current fiscal year.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.