Union Pacific Strong on Dividends Despite Freight Downturn

Union Pacific’s (UNP) efforts to reward its shareholders through dividends and buybacks are encouraging. However, soft freight revenues are concerning as they are hurting growth.Factors Favoring UNPUNP is focused on rewarding its shareholders. Strong free cash flow supports the shareholder-friendly activities at Union Pacific. Free cash flow in 2023 was $1.54 billion. In 2023, the company returned$3.9 billion to its shareholders. Union Pacific hiked dividends twice in 2021. In May 2022, UNP upped its quart ...