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Saturday, November 20, 2010

Union Pacific (UNP) Raises Qtr. Dividend by 15% to 38c/Share, Yielding 1.66%

Union Pacific (NYSE: UNP) raises its quarterly dividend by 15% from 33c to 38c/share, payable on Jan. 3 to shareholders of record on Nov. 30. The ex-dividend date is Nov. 26.

The dividend yield moves from 1.44% to 1.66%.

Disclosure I am long UNP shares, up 15.25% on this holding.