Union Pacific, CSX, and Norfolk Southern reported robust second-quarter results driven by strong freight volumes and pricing power. Union Pacific leads with a rising dividend supported by high cash flow and strategic capacity expansions. CSX offers steady dividend growth and aggressive share buybacks fueled by expanding free cash flow. Norfolk Southern maintains a stable dividend while awaiting a potential merger with Union Pacific, despite some cash flow challenges from recent incidents. These railroads’ dividends are well-covered by free cash flow after heavy infrastructure spending, making them attractive income stocks with durable moats.
As of Sep 28, 2026 02:02 WIB, Union Pacific (UNP) trades at USD 273.79 with a dividend yield of 2.07%, showing a slight 0.10% decline in one day on Pluang. CSX (CSX) is priced at USD 46.78 with a 1.2% dividend yield and a 0.36% drop, while Norfolk Southern (NSC) stands at USD 313.00 with a 1.73% dividend yield and minimal daily change. Among these, Union Pacific holds the highest market cap at $162.65 billion, highlighting its strong position in the rail sector.
