Truck manufacturer PACCAR INC (PCAR) will pay a special dividend payment of $1.00 per share. The special dividend payment will be paid with the regular quarterly dividend of $0.22 per share. Earlier this year the company increased the regular dividend by 10.0 percent. The ex-dividend date for the $1.00 special dividend is December 17, 2014 with a payment date of January 15, 2015.

PACCAR Inc (PACCAR) is a manufacturer of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. In North America, trucks are sold under the Kenworth and Peterbilt nameplates, in Europe, under the DAF nameplate and in Australia and South America, under the Kenworth and DAF nameplates. The Parts segment includes the distribution of aftermarket parts for trucks and related commercial vehicles. The company’s Financial Services segment derives its earnings primarily from financing or leasing PACCAR products in North America, Europe and Australia. The company’s Other business includes the manufacturing and marketing of industrial winches.