Paccar Declares Extra Cash Dividend

Paccar Declares Additional Money Dividend


Seth Clevenger/Transport Matters

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Paccar Inc. introduced it declared an additional money dividend of $2.80 per share, payable on Jan. 5, 2023, to stockholders of document on the shut of enterprise on Dec. 16.

“Paccar’s wonderful income and robust money circulate have enabled the corporate to spend money on new and expanded manufacturing and distribution amenities, rising applied sciences akin to zero emissions powertrains, automobile connectivity and autonomous vehicles, and environmental management,” Paccar CEO Preston Feight mentioned in a launch.

The Bellevue, Wash.-based maker of Class 6-8 autos is the mother or father of DAF in Europe, and Kenworth Truck Co. and Peterbilt Motors Co. in North America.

Paccar shares are listed on NASDAQ beneath the image PCAR. — Transport Matters

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