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UNION PACIFIC BUILDING AMERICAⓇ News Releases Union Pacific Corporation Announces 10 % Dividend Increase for Second Quarter 2021 OMAHA , NEB . , MAY 13 , 2021 Union Pacific Corporation ( NYSE : UNP ) announced that its Board of Directors today voted to increase the quarterly dividend on the company's common shares by 10 % to $ 1.07 per share . The dividend is payable June 30 , 2021 , to shareholders of record May 28 , 2021. Union Pacific has paid dividends on its common stock for 122 consecutive years . " I am pleased to report our dividend increase , " said Jennifer Hamann , Union Pacific executive vice president and chief financial officer . " This increase is consistent with the financial guidance outlined at our recent Investor Day to target a dividend payout ratio of 45 % . " About Union Pacific Union Pacific ( NYSE : UNP ) delivers the goods families and businesses use every day with safe , reliable and efficient service . Operating in 23 western states , the company connects its customers and communities to the global economy . Trains are the most environmentally responsible way to move freight , helping Union Pacific protect future generations . More information about Union Pacific is available at . Union Pacific Investor Contact : Brad Stock at 402-544-4227 or The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued . Such information by its nature may become outdated , and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued . Union Pacific makes no commitment , and disclaims any duty , to update any of this information . Media Contact Kristen South 402-544-3435