15 Dividend Zombies to Invest in

9. Union Pacific Corporation (NYSE:UNP)

Consecutive Years of Dividend Payments: 125

Union Pacific Corporation (NYSE:UNP) ranks ninth on our dividend zombies list. The American provider of freight transportation services transports a wide range of goods and commodities, providing exposure to multiple industries, including agriculture, automotive, and energy. In recent years, the company has prioritized efficiency by diversifying its revenue streams and expanding its geographic presence—key strategies for staying competitive in the rail transportation sector.

In the fourth quarter of 2024, Union Pacific Corporation (NYSE:UNP) reported $6.12 billion in revenue, reflecting a slight 1% decline compared to the previous year. However, a 5% rise in revenue carloads helped mitigate some of the decrease. The company improved its operating ratio to 58.7%, marking a 220-basis-point enhancement, despite a 70-basis-point impact from the ratification of a crew staffing agreement. Operating income increased by 5%, reaching $2.5 billion.

Union Pacific Corporation (NYSE:UNP) has maintained uninterrupted dividend payments for 125 years and has raised its payouts for 18 consecutive years. In fiscal 2024, it generated over $9.3 billion in operating cash flow and ended the quarter with more than $1 billion in cash and cash equivalents. The company’s quarterly dividend comes in at $1.34 per share and has a dividend yield of 2.29%, as of March 23.