Union Pacific Corporation (NYSE: UNP) is among the 10 Best Dividend Stocks to Buy in August. The company earns revenue from bulk, industrial, and premium segments. It is reportedly nearing an agreement to acquire Norfolk Southern in a potential cash-and-stock transaction valued at around $200 billion. Union Pacific recently declared a 3% hike in its quarterly dividend, marking its 19th consecutive year of dividend increases. The stock has a dividend yield of 2.41%.

Read more at Yahoo Finance: Why Union Pacific (UNP) is a Buy in August