Wednesday Is Your Last Chance To Buy Union Pacific Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Union Pacific (NYSE:UNP) has announced a quarterly dividend of $1.3 per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday and is expected to open $1.3 lower to reflect the payout. The dividend is scheduled to be paid on December 28, 2023.
December 04, 2023 | 2:45 pm
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Union Pacific will pay a $1.3 per share dividend, with shares expected to open $1.3 lower on the ex-dividend date, Thursday. Investors must own the stock by Wednesday to be eligible.
The stock price is likely to drop by the amount of the dividend ($1.3) on the ex-dividend date, which is a common occurrence as the dividend payment is accounted for in the stock price. This is a significant event for current and potential shareholders as it directly affects their investment decision.
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