One of Americas most recognized companies that links 23 states in the western two-thirds of the country by rail. Union Pacific Corporation has ownership in principal operating company of Union Pacific Railroad. It provides critical transportation role to global supply chain. It is has equally diversified business in agricultural products, automotive, chemicals, coal, industrial product and intermodal. Operates from West Coast and Gulf Coast ports to eastern gateways, connects Canada’s rail system and is the only railroad serving six major Mexico gateways. Union Pacific provides great deal of value to its roughly 10,000 costumers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.
- Dividend Yield: 2.9%
- 3Yr Dividend Growth Rate: 28.3%
- 10Yr Dividend Growth Rate: 22.3%
- Payout Ratio: 38.9%
- P/E: 13.0
- Consecutive Years of Dividend Raises: 5
I purchased 13 shares for the price of $75.54 adding $28.60 to my annual dividend income.
This is the 14th time I am initiating a stock acquisition this year. This transaction is my additional purchase of UNP shares into the portfolio. As of today, I now hold 45 shares of UNP. Currently, UNP ownership stake represents to be around 5.1% of my current portfolio value.
The 12-month dividend income increased to $2,670.
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