PACCAR (PCAR) Raises Qtr Dividend to $0.25, Post Stock Split

PACCAR (NASDAQ: PCAR) Board of Directors also declared an increase to PACCAR’s regular quarterly cash dividend to twenty-five cents ($.25) on each newly-split share, payable on March 8, 2023 to stockholders of record at the close of business on February 14, 2023. PACCAR has increased its regular quarterly cash dividend 50% over the last five years. Preston Feight, chief executive officer, noted, “PACCAR has invested $7.3 billion in new and expanded facilities, innovative products and new technologies during the past decade. These investments have created an industry-leading truck range that delivers excellent fuel efficiency and low operating costs.”

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