12 Best Dividend Paying Stocks to Buy Now

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5. Union Pacific Corporation (NYSE:UNP)

Number of Hedge Fund Holders: 89

Union Pacific Corporation (NYSE:UNP) ranks among the largest railroad operators in the United States. Over the years, the holding company has purchased several railroads and combined them under its main subsidiary, Union Pacific Railroad. Today, its network covers 23 states and spans more than 32,000 miles, handling bulk, industrial, and premium freight shipments.

In May 2025, Union Pacific Corporation (NYSE:UNP) wrapped up testing of its first hybrid battery-electric locomotive. These new locomotives are projected to use up to 80% less fuel compared with standard diesel models.

In addition to its ongoing projects, Union Pacific Corporation (NYSE:UNP) is a strong dividend company. It has been paying uninterrupted dividends to shareholders for the past 125 years and has raised its payouts for 19 years straight. The company offers a quarterly dividend of $1.38 per share and has a dividend yield of 2.50%, as recorded on September 18.

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