Paccar Declares Extra Cash Dividend
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Paccar Inc. announced it declared an extra cash dividend of $2.80 per share, payable on Jan. 5, 2023, to stockholders of record at the close of business on Dec. 16.
“Paccar’s excellent profits and strong cash flow have enabled the company to invest in new and expanded manufacturing and distribution facilities, emerging technologies such as zero emissions powertrains, vehicle connectivity and autonomous trucks, and environmental leadership,” Paccar CEO Preston Feight said in a release.
The Bellevue, Wash.-based maker of Class 6-8 vehicles is the parent of DAF in Europe, and Kenworth Truck Co. and Peterbilt Motors Co. in North America.
Paccar shares are listed on NASDAQ under the symbol PCAR. — Transport Topics
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