Union Pacific Stock Price, News & Analysis

Union Pacific Corporation (NYSE: UNP) has announced a 10% increase in its quarterly dividend to $1.07 per share, payable on June 30, 2021. Shareholders of record by May 28, 2021 will receive this dividend. This increase aligns with the company's targeted dividend payout ratio of 45% as highlighted during the recent Investor Day. Union Pacific has a solid track record of paying dividends for 122 consecutive years.

Union Pacific and Safe Kids Worldwide announced new initiatives to enhance rail safety for children and communities. Highlighting that every five days a child dies in a train collision, the partnership aims to educate families and prevent injuries. Over three years, Union Pacific's support has helped reach over 10,000 individuals through direct programming, generating 265 million media impressions. New initiatives include digital toolkits for educators, a public safety campaign for parents, and continued engagement with various coalitions, all informed by the latest data and research.

Union Pacific Corporation (NYSE: UNP) announced that its executives will participate in two major investor conferences in May 2021. Lance Fritz, the Chairman, President, and CEO, will address the BofA Securities 2021 Transportation, Airline and Industrials Conference on May 19 at 9:20 a.m. ET. Jennifer Hamann, Executive Vice President and CFO, will participate in the Wolfe Research Global Transportation & Industrials Conference on May 26 at 8:35 a.m. ET. Live webcasts of these presentations will be available on the company’s investor relations website.

Union Pacific announced a new intermodal terminal in Southern California's import distribution region, set to open in Q2 2021. This location, strategically near the Ports of Los Angeles and Long Beach, aims to enhance access to Chicago and other key markets. The initiative will commence with a 'pop-up' terminal at the West Colton rail yard, offering domestic intermodal service initially between Southern California and Chicago, with future expansions planned. This move underscores Union Pacific's commitment to reducing truck traffic and enhancing its intermodal capabilities.

Union Pacific announced the construction of a new grain transload facility within its Global IV intermodal terminal in Joliet, Illinois, aimed at reducing supply-chain costs for agricultural producers. Operated by a joint venture with Consolidated Grain and Barge Co. and Gavilon Grain, the facility will enhance connectivity for farmers and processors to West Coast port terminals. With a capacity of 50,000 containers annually, it is expected to be completed by Q4 2021. The initiative is designed to support the regional agriculture economy by streamlining loading operations and offering faster turnaround times.

Union Pacific Corporation (NYSE: UNP) announces its 2021 Investor Day, scheduled for May 4, 2021, starting at 2 p.m. ET. This virtual event will last approximately three hours. Participants need to register to gain access and will receive a password via email. A live webcast of the presentation will be available on the Union Pacific Investor Day platform, with a replay accessible shortly after. Union Pacific plays a key role in connecting communities to the global economy while promoting environmentally responsible freight transport.

Union Pacific Corporation (NYSE: UNP) reported a first quarter 2021 net income of $1.3 billion, or $2.00 per diluted share, down from $1.5 billion, or $2.15 per diluted share, in Q1 2020. Operating revenue declined 4% to $5.0 billion, with business volumes down 1%. Freight revenue dropped 5% due to a less favorable business mix and volume declines. The operating ratio increased to 60.1%. The company repurchased 6.7 million shares for $1.4 billion. Despite challenges, Union Pacific remains optimistic about economic recovery and affirms its 2021 guidance.