Paccar Declares Extra Dividend
Seth Clevenger
| Managing Editor, Features and Multimedia
Truck and engine maker Paccar Inc. on Dec. 10 declared an extra cash dividend of 90 cents per share in addition to its regular quarterly dividend of 20 cents a share.
The extra dividend, payable Jan. 7 to stockholders as of Dec. 20, reflects the company鈥檚 鈥渆xcellent revenues, net income and cash flow,鈥 Chairman and CEO Mark Pigott said in the announcement.
Pigott also cited 鈥済ood鈥 truck production in North America and Europe, 鈥渟trong鈥 parts sales and record profit at Paccar Financial Services.
Paccar鈥檚 operating companies build Kenworth and Peterbilt brand trucks.
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