BELLEVUE, Wash.–(BUSINESS WIRE)–The PACCAR Inc Board of Administrators at the moment accredited a ten % improve within the common quarterly money dividend, from thirty cents ($0.30) per share to thirty -three cents ($0.33) per share. The dividend shall be payable on March 5, 2025 to shareholders of file on the shut of enterprise on February 12, 2025.
Mark Pigott, Govt Chairman, mentioned: “PACCAR has generated glorious shareholder returns and profitability for many years, by way of its management in premium autos and aftermarket companies. PACCAR has paid annual dividends, together with common quarterly dividends and extra money dividends, totaling roughly 50% of internet earnings for a few years. PACCAR shareholders have achieved greater returns than within the final 20 years.
Preston Feight, Chairman and CEO, mentioned: “PACCAR's glorious international profitability is pushed by the success of industry-leading Kenworth, Peterbilt and DAF vehicles, geographic enlargement and technology-based aftermarket options at PACCAR. Shares and PACCAR Monetary Companies. PACCAR vehicles and transportation options enhance prospects’ operational efficiency.
PACCAR is a worldwide expertise chief within the design, manufacturing and buyer assist of high-quality mild, medium and heavy-duty vehicles underneath the Kenworth, Peterbilt and DAF manufacturers. PACCAR additionally designs and manufactures superior powertrains, supplies monetary and knowledge expertise companies, and distributes truck elements associated to its core enterprise. PACCAR shares are listed on the NASDAQ inventory trade, image PCAR. Its residence web page is www.paccar.com.
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20241209650966/en/
Ken Hastings
ken.hastings@paccar.com
(425) 468-7530
Supply: PACCAR Inc (NASDAQ:)
#PACCAR #Will increase #Common #Quarterly #Dividend #Investing.com , #Gossip247
,
