press release, Ju"> press release, Ju" />

7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Secretary-Treasurers
Information
Merchandise
Communications
FELA
Events
Links
User Info

Union Pacific announces 10 percent dividend increase for 3Q 2014

(Source: Union Pacific press release, July 31, 2014)

OMAHA, Neb. ó Union Pacific Corporation announced that its Board of Directors voted today to increase the quarterly dividend on the company's common shares by 10 percent to 50 cents per share. The increased dividend is payable October 1, 2014, to shareholders of record August 29, 2014.

"We are pleased to reward our shareholders with another dividend increase," said Rob Knight, Union Pacific chief financial officer. "It all starts with earning reinvestable returns, which allows us to increase cash to shareholders while supporting strong capital investments for safety, service, and growth. In keeping with our dividend payout target range of 30 to 35 percent on a declared basis, we've now increased our dividend at a double-digit rate in three of the past five quarters."

Union Pacific has paid dividends on its common stock for 115 consecutive years.

Friday, August 01, 2014

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2016 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

Get the latest labor news from the Teamsters
AAR: Rail traffic down 5.3 percent from 2015 for week ending July 23
Vision for East Coast rail service takes another step forward
The public sounds off on plans for Amtrakís East Coast route
STB drops proposal to prioritize freight trains over Amtrak
Rail officials look for common ground on Amtrak bypass around SE Connecticut towns
UP posts record low employee safety statistics
Open houses showcase new CSX terminal planned for Rocky Mount
Progress on Minnesota high-speed rail slows
Teamster Allegiant Air pilots approve historic first contract
UP declares dividend for 3Q 2016
ALECís all encompassing anti-worker agenda
RRB: Dual benefit payments

More Headlines