PACCAR (PCAR) Raises Quarterly Dividend 14.3% to $0.32; 2.2% Yield

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PACCAR Increases Regular Quarterly Dividend and Announces Extra Cash Dividend

December 4, 2018 1:50 PM EST

PACCAR Authorizes $500 Million Stock Repurchase

BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR Incs Board of Directors today approved an increase of 14% in the regular quarterly cash dividend from twenty-eight cents ($.28) per share to thirty-two cents ($.32) per share. The dividend will be payable on March 5, 2019, to stockholders of record at the close of business on February 12, 2019. The Board of Directors also declared an extra cash dividend in the amount of two dollars ($2.00) per share, payable on January4, 2019, to stockholders of record at the close of business on December 14, 2018.

PACCARs Board of Directors today approved the... More