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PACCAR Announces Extra Cash Dividend

PACCAR Announces Extra Cash Dividend

By AP News
Published - Dec 10, 2024, 12:45 PM ET
Last Updated - Dec 16, 2024, 05:01 PM EST

BELLEVUE, Wash.--(BUSINESS WIRE)--Dec 10, 2024--

PACCAR Inc’s Board of Directors today declared an extra cash dividend of three dollars ($3.00) per share, payable on January 8, 2025, to stockholders of record at the close of business on December 20, 2024.

Mark Pigott, executive chairman, shared, “PACCAR has generated excellent shareholder returns due to its industry-leading 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 strong profits and cash flow have enabled the company to invest in premium quality new DAF, Kenworth and Peterbilt trucks, advanced powertrains, next generation vehicle technologies, and new and expanded manufacturing and distribution facilities.”

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20241209882553/en/

CONTACT: Ken Hastings

(425) 468-7530

ken.hastings@paccar.com

KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TRUCKING AUTOMOTIVE OTHER AUTOMOTIVE AUTOMOTIVE MANUFACTURING GENERAL AUTOMOTIVE TRANSPORT MANUFACTURING

SOURCE: PACCAR Inc

Copyright Business Wire 2024.

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