PACCAR's (PCAR) Approves $0.18 Per Share Quarterly Dividend
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PACCAR's (NASDAQ: PCAR) Board of Directors declared a quarterly cash dividend in the amount of eighteen cents ($.18) per share, payable December 5, 2008, to stockholders of record at the close of business on November 18, 2008, according to Mark C. Pigott, PACCAR chairman and chief executive officer.
Peterbilt and Kenworth launched their new medium-duty diesel-electric hybrid trucks this month. "These new products, which offer up to 30 percent fuel efficiency improvements in urban applications, add to PACCAR's extensive portfolio of environmentally friendly vehicles, climate control systems to reduce engine idle time and liquefied natural gas (LNG) vehicles," said Tom Plimpton, PACCAR vice chairman.
PACCAR Inc operates through two segments: design, manufacture and distribution of light-, medium- and heavy-duty trucks and related aftermarket distribution of parts, and finance and leasing services provided to customers and dealers. [SM]
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