Union Pacific (UNP) Declares $0.55 Quarterly Dividend; Board Approves $3.75B Capital Plan for FY16

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Go back to Union Pacific (UNP) Declares $0.55 Quarterly Dividend; Board Approves $3.75B Capital Plan for FY16

Union Pacific Corporation Announces a $3.75 Billion Capital Plan for 2016 and Declares First Quarter 2016 Dividend

February 4, 2016 12:11 PM EST

OMAHA, Neb., Feb. 4, 2016 /PRNewswire/ -- The Board of Directors of Union Pacific Corporation (NYSE: UNP) today approved the company's 2016 capital plan of approximately $3.75 billion, down about $550 million versus 2015.  The plan includes $375 million to further implement Positive Train Control.

"Given the decline in volume, we have taken a hard look at our capital plan and continue to invest for safety, productivity and where... More