PACCAR Inc’s (Nasdaq:PCAR) Board of Directors today declared a regular
quarterly cash dividend in the amount of twenty cents ($.20) per share,
payable on June 5, 2013, to stockholders of record at the close of
business on May 17, 2013, according to Mark Pigott, PACCAR chairman and
chief executive officer.
“PACCAR’s strong balance sheet and positive cash flow have enabled the
company to invest over $1.5 billion in new products and services in the
last two years. Kenworth, Peterbilt and DAF have recently launched new
high-quality, fuel-efficient and ergonomic vehicles,” said Ron
Armstrong, PACCAR president. “PACCAR’s range of engines has been
expanded with the introduction of the 2013 PACCAR MX-13 and the PACCAR
MX-11 engines. These new products will contribute to the company’s
long-term growth.”
PACCAR is a global technology leader in the design, manufacture and
customer support of high-quality light-, medium- and heavy-duty trucks
under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs
and manufactures advanced diesel engines, provides financial services
and information technology, and distributes truck parts related to its
principal business.
PACCAR shares are traded on the Nasdaq Global Select market, symbol
PCAR, and its homepage is www.paccar.com.
