PACCAR Keeps Dividend Steady

Truick maker has made quarterly payout to investors since 1993.

By Rich Duprey – Jul 10, 2013 at 11:06AM EST

Truck manufacturer PACCAR (PCAR 0.78%) announced yesterday its third-quarter dividend of $0.20 per share, the same rate it's paid for the past five quarters.

The board of directors said the quarterly dividend is payable on Sept. 5 to the holders of record at the close of business on Aug. 16. The recreational vehicle maker has made quarterly payouts to investors since 1993. It has paid a special dividend every year except in 2009.

The regular dividend payment equates to an $0.80-per-share annual dividend, yielding 1.5% based on the closing price of PACCAR's stock on July 9.

PCAR Dividend data by YCharts. Chart reflects special dividends paid by PACCAR.

link

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same time...usually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Have a story idea? Contact Rich here. I may not be able to respond to every suggestion, but I do read them all! Does an article needs a correction? Reach Rich here.

TMFCop

PACCAR Keeps Dividend Steady

Read Next

About the Author

Stocks Mentioned

Premium Investing Services