Follow The Dividend: $0.61 dividends are now a reality for Union Pacific Corporation (NYSE:UNP) shareholders. Here’s why.

Follow The Dividend: $0.61 dividends are now a reality for Union Pacific Corporation (NYSE:UNP) shareholders. Here's why.

Union Pacific Corporation (NYSE:UNP) is expected to pay $0.61 on Dec 29, 2016. The indicated annual dividend is $2.42. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Union Pacific Corporation’s current price of $102.10, the dividend is 0.59%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 18, 2016. The stock increased 0.70% or $0.71 on November 25, hitting $102.1. About 1.68M shares traded hands. Union Pacific Corporation (NYSE:UNP) has risen 16.54% since April 25, 2016 and is uptrending. It has outperformed by 10.53% the S&P500.

Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The company has a market cap of $84.73 billion. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. It has a 20.47 P/E ratio. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal.

Insitutional Activity: The institutional sentiment increased to 0.87 in Q2 2016. Its up 0.03, from 0.84 in 2016Q1. The ratio improved, as 81 funds sold all Union Pacific Corporation shares owned while 481 reduced positions. 84 funds bought stakes while 388 increased positions. They now own 620.30 million shares or 4.45% less from 649.16 million shares in 2016Q1.
North Star Invest Management Corporation has 81,435 shares for 1.31% of their US portfolio. State Street Corporation last reported 0.3% of its portfolio in the stock. Dalton Greiner Hartman Maher And Company holds 0.85% or 157,123 shares in its portfolio. Kbc Grp Nv accumulated 0.09% or 70,221 shares. Kempner Cap Mngmt has invested 3.53% of its portfolio in Union Pacific Corporation (NYSE:UNP). Neuberger Berman Gru Ltd Liability Corporation, a New York-based fund reported 695,519 shares. Pioneer Tru Savings Bank N A Or last reported 0.13% of its portfolio in the stock. Greenwood Associate Limited Liability Corp last reported 1.14% of its portfolio in the stock. Bluemountain Mngmt accumulated 3,831 shares or 0.01% of the stock. Mcdonald Invsts Inc Ca holds 638,475 shares or 5.67% of its portfolio. First Quadrant L P Ca has 0.27% invested in the company for 142,382 shares. Burt Wealth Advisors last reported 5,500 shares in the company. Iowa Bankshares accumulated 409 shares or 0.02% of the stock. Hl Svcs Limited Liability Company has invested 1.44% of its portfolio in Union Pacific Corporation (NYSE:UNP). Brinker Cap holds 0.07% or 8,427 shares in its portfolio.

Insider Transactions: Since June 3, 2016, the stock had 0 insider buys, and 6 selling transactions for $3.31 million net activity. Scott Cameron A also sold $638,285 worth of Union Pacific Corporation (NYSE:UNP) shares. Shares for $485,000 were sold by KNIGHT ROBERT M JR. The insider DUREN DIANE K sold $281,103. 7,400 shares were sold by ROGEL STEVEN R, worth $743,747 on Tuesday, November 22.

Union Pacific Corporation (NYSE:UNP) Ratings Coverage

Out of 22 analysts covering Union Pacific Corporation (NYSE:UNP), 13 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 59% are positive. Union Pacific Corporation has been the topic of 48 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Monday, April 18 by UBS. The firm has “Buy” rating given on Monday, October 24 by Seaport Global. The stock of Union Pacific Corporation (NYSE:UNP) has “Buy” rating given on Wednesday, November 2 by Deutsche Bank. The stock of Union Pacific Corporation (NYSE:UNP) earned “Sector Perform” rating by RBC Capital Markets on Friday, October 21. As per Monday, October 5, the company rating was downgraded by Barclays Capital. Deutsche Bank maintained Union Pacific Corporation (NYSE:UNP) rating on Friday, January 22. Deutsche Bank has “Buy” rating and $87 price target. As per Monday, January 25, the company rating was maintained by Argus Research. The stock of Union Pacific Corporation (NYSE:UNP) has “Sector Perform” rating given on Monday, June 20 by Scotia Capital. As per Monday, February 22, the company rating was upgraded by Bank of America. The rating was downgraded by Deutsche Bank on Wednesday, July 20 to “Hold”.

More news for Union Pacific Corporation (NYSE:UNP) were recently published by: Nasdaq.com, which released: “Union Pacific Corporation (UNP) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016. Prnewswire.com‘s article titled: “Union Pacific Railroad Applauded for Military-Friendly Efforts” and published on November 11, 2016 is yet another important article.

UNP Company Profile

Union Pacific Corporation, incorporated on February 3, 1969, operates through its principal operating company, Union Pacific Railroad Company. Union Pacific Railroad Company links approximately 20 states in the western two-thirds of the country by rail, providing link in the supply chain. The Company’s business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. The Firm operates from West Coast and Gulf Coast ports to eastern gateways, connects with Canada’s rail systems and serves approximately six Mexico gateways. The Firm is a Class I railroad operating in the United States. The Company’s network includes approximately 32,080 route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways and providing several corridors to Mexican gateways. It owns approximately 26,060 miles and operates on the remainder pursuant to trackage rights or leases. It serves the western two-thirds of the country and maintains coordinated schedules with other rail carriers for the handling of freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada and Mexico. Export and import traffic is moved through Gulf Coast and Pacific Coast ports and across the Mexican and Canadian borders.

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