Paccar As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
PCAR $1.08 8.0% 8.8% 6.2%
Business yield Hike yrs 5 yr CAGR freq. paid since
Trucks & Truck Parts 1.2% 3 4.8% Quarter 1941

Peterbilt truck manufacturer PACCAR Inc (PCAR) will raise its quarterly dividend by 9.1 percent to $0.24 per share. The regular quarterly dividend is $0.24 per share.

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.