Union Pacific (UNP) Dividend

Union Pacific (UNP) currently pays a dividend yield of 1.88%, distributing $5.52 per share annually ($1.38 per quarter). The company operates in the Industrials sector.

UNP has raised its dividend for 2 consecutive years.

UNP dividend at a glance

Dividend Yield1.88%
Annual Dividend$5.52 per share
Per Payment$1.38
Payout FrequencyQuarterly
Payments per Year4
Next Ex-Dividend DateAugust 29, 2026
Next Payment DateSeptember 29, 2026
Payout Ratio45%
Consecutive Years of Dividend Growth2
SectorIndustrials
Implied Share Price (from yield)$293.62

What UNP pays on a $10,000 investment

At a 1.88% yield, $10,000 invested in UNP generates about $188.00 per year, or roughly $47.00 every quarter. Share counts below use an implied price of $293.62, derived from the $5.52 annual dividend and the 1.88% yield.

Amount InvestedApprox. SharesAnnual Dividend IncomeIncome per Quarter
$1,0003.4$18.80$4.70
$5,00017$94.00$23.50
$10,00034.1$188.00$47.00
$25,00085.1$470.00$117.50
$100,000340.6$1,880.00$470.00

These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.

UNP dividend payment schedule

UNP pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is August 29, 2026, with payment on September 29, 2026. Later rows are projected forward at the same interval and will shift when Union Pacific declares each dividend.

Ex-Dividend DatePayment DateAmount per ShareStatus
August 29, 2026September 29, 2026$1.38Confirmed
November 29, 2026December 30, 2026$1.38Projected
March 1, 2027April 1, 2027$1.38Projected
May 29, 2027June 29, 2027$1.38Projected

To collect a UNP dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.

How UNP's dividend compares

Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. UNP's 1.88% is 1.93 percentage points below that median, ranking 421st of 587 by yield.

Within Industrials, where we track 52 names, the median yield is 1.35% — putting UNP above its sector.

Its 2-year run of dividend increases ranks 318th out of the 362 names in our data with an active growth streak.

What the numbers mean

UNP pays out roughly 45% of its earnings as dividends. That sits in the range income investors generally consider healthy and sustainable for a mature business.

Like most US dividend payers, UNP distributes quarterly, so a full year of ownership produces four payments.

Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.

UNP dividend FAQ

When is the next UNP ex-dividend date?

The next UNP ex-dividend date is August 29, 2026, with the payment scheduled for September 29, 2026. You must own shares before the ex-dividend date to receive that payment.

What is UNP's dividend yield?

UNP currently yields 1.88%, based on $5.52 in dividends per share over the past year.

How often does UNP pay dividends?

UNP pays quarterly, which works out to 4 payments per year of about $1.38 per share.

How much dividend income would $10,000 of UNP generate?

At the current 1.88% yield, $10,000 invested in UNP would produce roughly $188.00 per year, or about $47.00 per quarter, before taxes and assuming the dividend holds.

Has UNP increased its dividend?

Yes — UNP has raised its dividend for 2 consecutive years.

UNP dividend history

DivTrkr holds 186 recorded UNP dividend payments going back to 1980, with 2 consecutive complete years of increases and +7.0% a year of growth over the last five complete years. See the full UNP dividend history — every payment, annual totals and growth by year.

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Track UNP dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.