UNP Dividend History & Yield

Union Pacific Corporation · NYSE

Stock Industrials Quarterly payer Industrial
$288.45
-0.40% today
as of Sep 8, 2026
TTM yield
1.93%
$5.56/share over the last 12 months
Forward yield
1.97%
$5.68/share indicated annual rate
Annual dividend
$5.68
per share, forward
Per payment
$1.42
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 30, 2026 Estimated
in 83 days
Next pay date
Dec 14, 2026
in 97 days
Last ex-dividend date
Aug 31, 2026
$1.42 per share
Payout ratio
45%
of earnings
Market cap
171.4B
P/E 23.4
5y dividend CAGR
+6.4%
annualised, regular payments
Growth streak
2 yrs
consecutive annual raises
Years paying
46.5
since Mar 6, 1980
1y total return
+31.5%
price +29.0% + dividends 2.5%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Nov 30, 2026 (in 83 days) Dec 14, 2026 $1.42 $142.00 Estimated
Mon, Mar 1, 2027 (in 174 days) Mar 15, 2027 $1.42 $142.00 Estimated
Mon, May 31, 2027 (in 265 days) Jun 14, 2027 $1.42 $142.00 Estimated
Mon, Aug 30, 2027 (in 356 days) Sep 13, 2027 $1.42 $142.00 Estimated

Estimated dates and amounts are projected from UNP's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $5.68 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 28, 2016 to Aug 31, 2026; most recent $1.42$0.00$0.75$1.50Nov 28, 2016: $0.605Nov '16Feb 24, 2017: $0.605May 26, 2017: $0.605Aug 29, 2017: $0.605Nov 29, 2017: $0.665Feb 27, 2018: $0.73Feb '18May 30, 2018: $0.73Aug 30, 2018: $0.80Nov 29, 2018: $0.80Feb 27, 2019: $0.88May 30, 2019: $0.88May '19Aug 29, 2019: $0.97Nov 27, 2019: $0.97Feb 27, 2020: $0.97May 28, 2020: $0.97Aug 28, 2020: $0.97Aug '20Nov 27, 2020: $0.97Feb 25, 2021: $0.97May 27, 2021: $1.07Aug 30, 2021: $1.07Dec 17, 2021: $1.18Dec '21Feb 25, 2022: $1.18May 27, 2022: $1.30Aug 30, 2022: $1.30Dec 16, 2022: $1.30Feb 27, 2023: $1.30Feb '23May 30, 2023: $1.30Aug 30, 2023: $1.30Dec 7, 2023: $1.30Feb 28, 2024: $1.30May 31, 2024: $1.30May '24Aug 30, 2024: $1.34Dec 9, 2024: $1.34Feb 28, 2025: $1.34May 30, 2025: $1.34Aug 29, 2025: $1.38Aug '25Dec 5, 2025: $1.38Feb 27, 2026: $1.38May 29, 2026: $1.38Aug 31, 2026: $1.42

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$3.00$6.002017: $2.48$2.4820172018: $3.06$3.0620182019: $3.70$3.7020192020: $3.88$3.8820202021: $4.29$4.2920212022: $5.08$5.0820222023: $5.20$5.2020232024: $5.28$5.2820242025: $5.44$5.4420252026 (YTD): $4.18$4.182026 YTD

How much UNP do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month212$60,940$1,200
$500 / month1,057$304,701$6,000
$1,000 / month2,113$609,401$12,000

Based on the forward yield of 1.97%. $10,000 in UNP would currently pay about $197 a year ($16 a month on average). Model reinvestment and growth →

UNP dividend history

Show all 187 payments
Ex-datePay dateAmountChange
Aug 31, 2026 $1.42 +2.9%
May 29, 2026 $1.38 +0.0%
Feb 27, 2026 $1.38 +0.0%
Dec 5, 2025 $1.38 +0.0%
Aug 29, 2025 $1.38 +3.0%
May 30, 2025 $1.34 +0.0%
Feb 28, 2025 $1.34 +0.0%
Dec 9, 2024 $1.34 +0.0%
Aug 30, 2024 $1.34 +3.1%
May 31, 2024 $1.30 +0.0%
Feb 28, 2024 $1.30 +0.0%
Dec 7, 2023 $1.30 +0.0%
Aug 30, 2023 $1.30 +0.0%
May 30, 2023 $1.30 +0.0%
Feb 27, 2023 $1.30 +0.0%
Dec 16, 2022 $1.30 +0.0%
Aug 30, 2022 $1.30 +0.0%
May 27, 2022 $1.30 +10.2%
Feb 25, 2022 $1.18 +0.0%
Dec 17, 2021 $1.18 +10.3%
Aug 30, 2021 $1.07 +0.0%
May 27, 2021 $1.07 +10.3%
Feb 25, 2021 $0.97 +0.0%
Nov 27, 2020 $0.97 +0.0%

Payout risk check

Yield-trap heuristicLow risk

UNP scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Union Pacific Corporation

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. It offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, and ethanol and renewable biofuel producers; 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. The company was founded in 1862 and is headquartered in Omaha, Nebraska.

Sector: Industrials. Industry: Railroads. First dividend on our records: Mar 6, 1980. 187 payments tracked.

UNP dividend FAQ

When is UNP's next ex-dividend date?

UNP's next ex-dividend date is Nov 30, 2026 (in 83 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $1.42 per share, expected on Dec 14, 2026.

How often does UNP pay dividends?

UNP pays dividends every quarter, 4 times a year. The most recent payment was $1.42 per share with an ex-date of Aug 31, 2026.

What is UNP's dividend yield?

UNP's trailing 12-month dividend yield is 1.93%, based on $5.56 per share paid over the last year and a share price of $288.45. The forward yield, using the indicated annual rate of $5.68 per share, is 1.97%.

How much does UNP pay per share?

UNP pays about $1.42 per share each quarter, which works out to roughly $5.68 per share a year. 100 shares would collect about $568.00 a year.

Has UNP grown or cut its dividend?

UNP has raised its annual dividend for 2 consecutive years. Over the last 5 years the regular payout has grown at 6.4% a year (+3.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of UNP do I need to earn $100 a month?

At the current forward yield of 1.97%, you would need about 212 shares of UNP (roughly $60,940 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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