Union Pacific (UNP) Declares $0.605 Quarterly Dividend; 2.3% Yield

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Union Pacific Corporation Announces a $3.1 Billion Capital Plan for 2017 and Declares First Quarter 2017 Dividend

February 2, 2017 1:52 PM EST

OMAHA, Neb., Feb. 2, 2017 /PRNewswire/ -- The Board of Directors of Union Pacific Corporation (NYSE: UNP) today approved the company's 2017 capital plan of approximately $3.1 billion, down about $400 million versus 2016.  The plan includes $300 million to further implement Positive Train Control.

"The 2017 capital plan reflects our continued commitment to safety, productivity and future profitable growth," said Rob Knight, Union Pacific chief financial officer. "Our capital investments serve a critical role in adding value for our customers and shareholders."

The Board also declared... More