Let's look at UNP. This is hard to believe.
Dividends:
- 11/17: $0.665
- 2/18: $0.73
- 5/18: $0.73
- 8/18: $0.80
- 11/18: $0.80
- 2/19: $0.88
- 5/19: $0.88
- declares for 8/18: $0.97 (see link)
- a recession by the end of the year
- decreased earnings for railroads
UNP shares are moving up nicely today.
Assuming UNP is a proxy for BNSF, can you even imagine how well Warren Buffett is doing today?
I haven't look at BRK-B in a long, long time. So, today, at 209, well off its 52-week high of $240 or thereabouts.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, career, or relationship decisions based on what you read here or think you may have read here in the last twelve years of blogging.
By the way, Norfolk Southern increased its dividend by a similar amount as UNP; NSC announced dividend increase today from 86 cents to 94 cents.
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