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. — 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
Railroads warned: Do not delay on Positive Train Control
DOT: New status update underscores need for continued Positive Train Control implementation and Funding
Progress slow on installing PTC, report says
NJ Transit, PATH on track to meet 2018 deadline for PTC
AAR: Total weekly rail traffic down 5.3 percent from 2015 for week ending August 13
BNSF to resume train traffic through Cajon Pass after fire delay
Blue Cut fire could cost Southern California’s shipping industry millions of dollars per day
CP Rail says it is ready to move bumper grain crop to market
Amtrak police chief under investigation for fraud, conflict of interest
KCS declares quarterly dividend
Passenger rail service proposed for Clarksville-Nashville route
Amtrak-Alstom deal signed
Roadbed from N.J.’s first railroad named to national historic register
Unemployment and sickness benefits for railroad employees

More Headlines