Reported about 1 month ago
Union Pacific (UNP) stands out as a promising dividend stock, offering a yield of 2.2% compared to industry and S&P averages of 1.37% and 1.51%, respectively. The company has demonstrated consistent annual dividend growth, recently increasing its payout by 3.1% to $5.36, with a relatively low payout ratio of 49%. With projected earnings growth of nearly 6% for 2024, Union Pacific presents an attractive option for income-focused investors despite recent stock price fluctuations.
Source: YAHOO