Paccar declares $3.20 per share extra cash dividend

Paccar declared an extra cash dividend of $3.20 per share, payable on January 4, to stockholders of record at the close of business on December 15. The company said, “Paccar has generated excellent shareholder returns due to its industry-leading premium quality vehicles, strong growth in aftermarket parts and financial services, and innovative use of technology to enhance customers’ operational performance…Paccar’s excellent profits and strong cash flow have enabled the company to invest in industry-leading new DAF, Kenworth and Peterbilt trucks, fuel efficient diesel and electric powertrain technologies, connected vehicle services, and next-generation manufacturing and parts distribution capabilities.”