Union Pacific (UNP) dividend history
Union Pacific paid $3.2B in dividends in fiscal 2025, about $5.43 per share.
Dividends per share grew 14.1% a year over 14 years, rising in each of the last 9 years.
That took 59% of free cash flow and 45% of net income.
At today's price the trailing yield is 1.96%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Union Pacific's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2025 | $5.43 | +2.9% | $3.2B | 59% | 45% |
| 2024 | $5.28 | +1.5% | $3.2B | 55% | 48% |
| 2023 | $5.20 | +2.7% | $3.2B | 66% | 50% |
| 2022 | $5.06 | +18.5% | $3.2B | 55% | 45% |
| 2021 | $4.27 | +10.5% | $2.8B | 46% | 43% |
| 2020 | $3.87 | +5.1% | $2.6B | 47% | 49% |
| 2019 | $3.68 | +20.7% | $2.6B | 50% | 44% |
| 2018 | $3.05 | +23.3% | $2.3B | 44% | 39% |
| 2017 | $2.47 | +9.9% | $2.0B | 50% | 19% |
| 2016 | $2.25 | -16.6% | $1.9B | 47% | 44% |
| 2015 | $2.70 | +48.9% | $2.3B | 87% | 49% |
| 2014 | $1.81 | +26.6% | $1.6B | 54% | 32% |
| 2013 | $1.43 | +19.0% | $1.3B | 40% | 30% |
| 2012 | $1.20 | +40.8% | $1.1B | 47% | 29% |
| 2011 | $0.85 | — | $837M | 31% | 25% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Union Pacific pay a dividend?
Union Pacific paid $3.2B in dividends in fiscal 2025, about $5.43 per share.
How fast has Union Pacific's dividend grown?
Dividends per share grew 14.1% a year over 14 years, rising in each of the last 9 years.
From Union Pacific's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.