PACCAR Inc. (NASDAQ:PCAR) declared quarterly dividend of $ 0.32 per share, or $ 1.28 annualized.
The dividend will be payable on September 1, 2020, to stockholders of record on August 11, 2020, with an ex-dividend date of August 10, 2020.
Dividends History
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Recent Earnings Announcement
PACCAR Inc. recorded income for the first quarter of $ 1.03 per share, from the revenue of $ 4,778.00 million. According to street consensus, PCAR was expected to report 1Q20 income of $ 1.20 per share from revenue of $ 4900.00 million. The bottom line results missed street analysts by $ 0.17 or 14.17 percent, at the same time, top line results fell short of analysts by $ 122 million or 2.49 percent.
Stock Performance
According to the previous trading day, closing price of PCAR was $ 75.64, representing a 54.02 % increase from the 52 week low of $ 49.11 and a 9.32 % decrease over the 52 week high of $ 83.41.
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The company has a market capital of $ 26.57 billion and is part of the Industrials sector and Truck Manufacturing industry.
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, and internationally. The company operates in three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks that are used for the over-the-road and off-highway hauling of commercial and consumer goods.