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

1370 Ontario St. - Mezzanine, Cleveland, Ohio 44113 • (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

© 1997-2014 Brotherhood of Locomotive Engineers and Trainmen

 


Safety Task Force Hotline
800-306-5414

Decertification Helpline
800-393-2716

DAILY HEADLINES

Teamster Nation: Get the latest updates in the War on Workers
Norfolk Southern sets quarterly records in 3Q 2014
CN reports 3Q 2014 net income of C$853 million, up 21 percent from 2013
CN Rail earnings up on higher volumes
CP reports record 3Q 2014 net income of C$400M or $2.31 per diluted share
Canadian Pacific's profit, revenue rise in 3Q 2014, but falls short of estimates
Hoffa tells Wisconsin Teamsters they can effect change
Proposed routes for Dallas-Houston high-speed rail revealed
CP Rail CEO says rail industry needs mergers to address gridlock threat
CP Rail CEO says unlikely to pursue hostile bid for CSX
Claims settled in Rosedale train explosion as NTSB prepares to release final report
Construction begins on Quad-Cities-Chicago rail route
Granite Peak Development unveils new $60 million crude by rail facility in Wyoming
Legal petition seeks NY ban on DOT-111 rail tank cars
Credit for military service under the Railroad Retirement Act

More Headlines


Enter your e-mail address to receive BLET news updates.

Subscribe  Unsubscribe