PACCAR Inc. (NASDAQ:PCAR) declared quarterly dividend of $ 0.32 per share, or $ 1.28 annualized.
The dividend will be payable on December 1, 2020, to stockholders of record on November 10, 2020, with an ex-dividend date of November 9, 2020.
Mark Pigott, PACCAR executive chairman, said, PACCAR retained its strong dividend reflecting the companys ongoing excellent business performance.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of PACCAR Inc.
PACCAR Inc. recently reported third quarter financial results on October 20, 2020, before market open, the Bellevue based company unwinded income for the third quarter of $ 1.10 per share, from the revenue of $ 4,538.40 million. The quarterly earnings contracted 37.14 percent while revenues decreased 24.41 percent compared with the same quarter last year. According to street consensus, PCAR was expected to report 3Q20 income of $ 0.95 per share from revenue of $ 4407.93 million. The bottom line results beat street analysts by $ 0.15 or 15.79 percent, at the same time, top line results outshined analysts by $ 130.47 million or 2.96 percent.
Stock Performance
Shares of PACCAR Inc. traded up $ 1.12 or 1.25 percent on Monday, reaching $ 91.06 with volume of 2.60 million shares. PACCAR Inc. has traded high as $ 91.60 and has cracked $ 89.97 on the downward trend
According to the previous trading day, closing price of $ 91.06, representing a 83.14 % increase from the 52 week low of $ 49.11 and a 1.81 % decrease over the 52 week high of $ 91.60.
The company has a market capital of $ 31.52 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.
