29 July 2026 I Omaha, NE

The board of directors of Union Pacific Corp (NYSE: UNP) has declared a regular quarterly dividend of $1.42 per common share, an increase of approximately 3% from the previous quarterly dividend of $1.38. Payment of the dividend is expected in September 2026.

For calendar year 2026, this marks the twentieth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty changes were increases. The simple average dividend increase is 5.5% compared with 2025 levels.

Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend.

From the press release: “Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today voted to increase the quarterly dividend on the Company’s common shares by 3% to $1.42 per share. The dividend is payable September 30, 2026, to shareholders of record August 31, 2026. Union Pacific has paid dividends on its common stock for 127 consecutive years.

Union Pacific remains committed to delivering strong financial results and long-term value for our shareholders,” said Jennifer Hamann, executive vice president and chief financial officer. “Today’s announcement reflects that commitment and extends our track record to 20 consecutive years of increased annual dividends per share.”¹

About the company: “Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.”¹