UNION PACIFIC CORP (UNP) closed fiscal year 2025 with 593 M shares outstanding and a dividend of 5.44 USD per share.
UNION PACIFIC CORP (UNP) closed fiscal year 2025 with 593 M shares outstanding and a dividend of 5.44 USD per share. Over the year the share count fell by 11.0 M shares on a net basis. Since 2008 the share count has shrunk by 41.1 %. The dividend per share was 5.44 USD, up 3.0 % year on year. Total dividends paid came to 3.24 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 1,006M | 1,010M | 983M | 960M | 939M | 912M | 883M | 849M | 816M | 781M | 725M | 692M | 671M | 639M | 612M | 610M | 604M | 593M |
| Shares issued — SBC/options | 470M | 3.63M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Shares issued (%) | 46.66 % | 0.36 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Shares repurchased | 0.00M | 0.00M | -26.9M | -23.3M | -20.9M | -26.9M | -28.6M | -34.2M | -33.4M | -34.9M | -55.9M | -33.0M | -20.7M | -32.5M | -26.4M | -2.69M | -5.46M | -11.0M |
| Shares repurchased (%) | 0.00 % | 0.00 % | -2.74 % | -2.42 % | -2.23 % | -2.95 % | -3.24 % | -4.02 % | -4.09 % | -4.47 % | -7.70 % | -4.76 % | -3.09 % | -5.09 % | -4.32 % | -0.44 % | -0.90 % | -1.85 % |
| Net addition/reduction | 470M | 3.63M | -26.9M | -23.3M | -20.9M | -26.9M | -28.6M | -34.2M | -33.4M | -34.9M | -55.9M | -33.0M | -20.7M | -32.5M | -26.4M | -2.69M | -5.46M | -11.0M |
| Net addition/reduction (%) | 46.66 % | 0.36 % | -2.74 % | -2.42 % | -2.23 % | -2.95 % | -3.24 % | -4.02 % | -4.09 % | -4.47 % | -7.70 % | -4.76 % | -3.09 % | -5.09 % | -4.32 % | -0.44 % | -0.90 % | -1.85 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.49 | 0.54 | 0.66 | 0.97 | 1.25 | 1.48 | 1.91 | 2.20 | 2.26 | 2.48 | 3.06 | 3.70 | 3.88 | 4.29 | 5.08 | 5.20 | 5.28 | 5.44 |
| Payout Ratio (%) | 20.60 % | 28.78 % | 21.65 % | 25.43 % | 29.06 % | 30.38 % | 31.51 % | 49.12 % | 44.39 % | 18.50 % | 38.54 % | 43.89 % | 49.09 % | 42.93 % | 45.14 % | 49.74 % | 47.62 % | 45.33 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 0.48B | 0.54B | 0.60B | 0.84B | 1.15B | 1.33B | 1.63B | 2.34B | 1.88B | 1.98B | 2.30B | 2.60B | 2.63B | 2.80B | 3.16B | 3.17B | 3.21B | 3.24B |
| Dividend Yield (%) | 2.09 % | 1.64 % | 1.43 % | 1.85 % | 2.02 % | 1.78 % | 1.59 % | 2.81 % | 2.15 % | 1.84 % | 2.24 % | 2.04 % | 1.89 % | 1.72 % | 2.46 % | 2.11 % | 2.30 % | 2.33 % |
Figures in USD