Union Pacific (UNP): High Dividend Growth and a Durable Moat
The railroad industry is extremely durable, and Union Pacific (UNP) has proven to be no exception since its founding in the 1860s. Railcars are a critical mode of transportation and move about 40% of U.S. freight as measured in ton-miles (the length freight travels). Without companies like Union Pacific, the country’s supply chain could [...]