(The Associated Press circulated the following article on January 30.)
OMAHA, Neb. — Union Pacific Corp., the nation’s largest railroad operator, said Tuesday its board of directors approved a 17 percent increase in the company’s quarterly dividend.
The company said it will pay a dividend of 35 cents per share April 2 to stockholders of record Feb. 28.
Union Pacific shares rose $1.21, or 1 percent, to $96.77 in afternoon trading on the New York Stock Exchange.