Union Pacific (UNP) Dividend History

DivTrkr holds 186 recorded UNP dividend payments, running from March 6, 1980 to May 29, 2026 — 47 calendar years. Together those payments total $59.17 per share. UNP has most often paid quarterly.

UNP has increased its payment rate for 2 consecutive complete years.

Over the last five complete years the UNP payment rate compounded at +7.0% a year, and +9.5% a year over the last ten. That is what the payments actually did; it is not a forecast.

UNP's payment rate fell in 1998. The steepest drop was -53.5%.

UNP dividends by year

YearTotal paid per sharePaymentsMedian paymentGrowth
2025$5.444$1.36+3.0%
2024$5.284$1.32+1.5%
2023$5.204$1.30+0.0%
2022$5.084$1.30+21.5%
2021$4.294$1.07+10.3%
2020$3.884$0.970+4.9%
2019$3.704$0.925+20.9%
2018$3.064$0.765+26.4%
2017$2.484$0.605+10.0%
2016$2.254$0.550+0.0%
2015$2.204$0.550+15.2%
2014$1.914$0.478+29.1%
2013$1.484$0.370+23.3%
2012$1.244$0.300+26.3%
2011$0.9654$0.237+43.9%
2010$0.6554$0.165+22.2%
2009$0.5404$0.135+10.2%
2008$0.4904$0.122+40.0%
2007$0.3724$0.0875+16.7%
2006$0.3004$0.0750+0.0%
2005$0.3004$0.0750+0.0%
2004$0.3004$0.0750+30.4%
2003$0.2474$0.0575+15.0%
2002$0.2084$0.0500+0.0%
2001$0.2004$0.0500+0.0%
2000$0.2004$0.0500+0.0%
1999$0.2004$0.0500+0.0%
1998$0.2004$0.0500-53.5%
1997$0.4304$0.107+48.7%
1996$0.3244$0.0723+0.0%
1995$0.2894$0.0723+3.6%
1994$0.2794$0.0698+7.8%
1993$0.2594$0.0647+8.5%
1992$0.2394$0.0597+13.6%
1991$0.1774$0.0525+7.8%
1990$0.1994$0.0487+5.5%
1989$0.1874$0.0462+4.8%
1988$0.1774$0.0441
1987$0.1855 (timing)$0.0420
1986$0.1554$0.0378+0.0%
1985$0.1514$0.0378+0.0%
1984$0.1514$0.0378+0.0%
1983$0.1514$0.0378+0.0%
1982$0.1514$0.0378
1981$0.1053 (timing)$0.0336
1980$0.1224$0.0294

How this growth is measured

Year-over-year growth here compares each year's median payment with the year before, not the calendar-year total. Ex-dividend dates drift, so a quarterly payer can book five ex-dates in one calendar year and four in the next. Comparing raw yearly totals would show a phantom cut of around 25% in a year where the company did nothing but pay slightly earlier. Using the median payment removes that distortion, and also ignores one-off special dividends.

Years marked “timing” booked a different number of payments than UNP's usual cadence, so their total is not directly comparable with neighbouring years.

Recent UNP dividend payments

Ex-dividend dateAmount per share
May 29, 2026$1.38
February 27, 2026$1.38
December 5, 2025$1.38
August 29, 2025$1.38
May 30, 2025$1.34
February 28, 2025$1.34
December 9, 2024$1.34
August 30, 2024$1.34
May 31, 2024$1.30
February 28, 2024$1.30
December 7, 2023$1.30
August 30, 2023$1.30
May 30, 2023$1.30
February 27, 2023$1.30
December 16, 2022$1.30
August 30, 2022$1.30
May 27, 2022$1.30
February 25, 2022$1.18
December 17, 2021$1.18
August 30, 2021$1.07
May 27, 2021$1.07
February 25, 2021$0.970
November 27, 2020$0.970
August 28, 2020$0.970
May 28, 2020$0.970
February 27, 2020$0.970
November 27, 2019$0.970
August 29, 2019$0.970
May 30, 2019$0.880
February 27, 2019$0.880
November 29, 2018$0.800
August 30, 2018$0.800
May 30, 2018$0.730
February 27, 2018$0.730
November 29, 2017$0.665
August 29, 2017$0.605
May 26, 2017$0.605
February 24, 2017$0.605
November 28, 2016$0.605
August 29, 2016$0.550
May 26, 2016$0.550
February 25, 2016$0.550
November 25, 2015$0.550
August 27, 2015$0.550
May 27, 2015$0.550
February 25, 2015$0.550
November 28, 2014$0.500
August 27, 2014$0.500
June 12, 2014$0.455
February 26, 2014$0.455
November 29, 2013$0.395
August 28, 2013$0.395
May 29, 2013$0.345
February 26, 2013$0.345
November 28, 2012$0.345
August 29, 2012$0.300
May 29, 2012$0.300
February 27, 2012$0.300
November 28, 2011$0.300
August 29, 2011$0.237

Showing the 60 most recent of 186 recorded payments. The full log is on the page.

UNP dividend history questions

How many dividends has UNP paid?

DivTrkr has 186 recorded UNP dividend payments between March 6, 1980 and May 29, 2026, totalling $59.17 per share across 47 calendar years.

Has UNP ever cut its dividend?

Yes. The UNP per-payment rate fell in 1998, the steepest being -53.5%.

How fast is the UNP dividend growing?

The UNP payment rate compounded at +7.0% a year over the last five complete years and +9.5% a year over the last ten.

How often does UNP pay a dividend?

UNP has most often paid quarterly — 4 payments a year. Individual years can show a different count when an ex-date drifts across a year boundary.

See the current UNP dividend yield and next ex-dividend date, or track UNP free with DivTrkr to see what this history pays on your own share count.