Paccar Raises Dividend 10%, Will Pay Extra Cash Dividend of $3 Per Share

Dow Jones12-11

By Denny Jacob

Paccar increased its quarterly dividend 10% to 33 cents a share from 30 cents.

The new payout, equal to $1.32 a year, represents an annual yield of 1.1% based on Monday's closing share price of $114.83, the company said on Tuesday.

The dividend is payable on March 5 to shareholders of record at the close of business on Feb. 12.

Paccar in a separate statement that its board declared an extra cash dividend of $3 a share, payable on Jan. 8 to shareholders of record at the close of business on Dec. 20.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

December 10, 2024 13:00 ET (18:00 GMT)

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