PACCAR Increases Regular Quarterly Dividend to $0.35 per Share
PACCAR's Board of Directors approved an increase in the regular quarterly cash dividend from $0.33 to $0.35 per share, payable on June 3, 2026.
- $0.33
- $0.35
What Happened
PACCAR Inc's Board of Directors has approved a regular quarterly cash dividend increase from $0.33 to $0.35 per share. The dividend will be payable on June 3, 2026, to stockholders of record on May 13, 2026. The company has a long history of delivering shareholder returns.
“PACCAR has generated excellent shareholder returns and profitability for decades. PACCAR has delivered annual dividends, including regular quarterly and extra cash dividends, totaling approximately 50% of net income for many years. PACCAR’s shareholders have earned returns that have exceeded the S&P 500 index for the last five-, ten-, and twenty-year periods.”
“PACCAR succeeds by consistently enhancing customers’ operating performance with fuel efficient and premium quality Kenworth, Peterbilt and DAF trucks, and optimized transportation solutions provided by PACCAR Parts and PACCAR Financial Services.”
Why this matters
This dividend increase reflects PACCAR's consistent profitability and commitment to returning value to shareholders, as the company has delivered annual dividends totaling about 50% of net income for many years.
Terms in This Story
- dividend
- A payment made by a corporation to its shareholders, usually from profits.
- record date
- The cutoff date used to determine which stockholders are eligible to receive a dividend.
Summarised from the linked release; details can be imperfect — always verify against the original source.