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PACCAR Announces Extra Cash Dividend

December 05, 2023 at 12:09 PM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

PACCAR Inc’s Board of Directors today declared an extra cash dividend of three dollars and twenty cents ($3.20) per share, payable on January 4, 2024, to stockholders of record at the close of business on December 15, 2023.

Mark Pigott, executive chairman, shared, “PACCAR has generated excellent shareholder returns due to its industry-leading premium quality vehicles, strong growth in aftermarket parts and financial services, and innovative use of technology to enhance customers’ operational performance.”

Preston Feight, chief executive officer, said, “PACCAR’s excellent profits and strong cash flow have enabled the company to invest in industry-leading new DAF, Kenworth and Peterbilt trucks, fuel efficient diesel and electric powertrain technologies, connected vehicle services, and next-generation manufacturing and parts distribution capabilities.”

PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business. PACCAR shares are listed on the NASDAQ Stock Market, symbol PCAR. Its homepage is www.paccar.com.