By Denny Jacob
Paccar increased its quarterly dividend 10% to 33 cents a share from 30 cents.
The new payout, equal to $1.32 a year, represents an annual yield of 1.1% based on Monday's closing share price of $114.83, the company said on Tuesday.
The dividend is payable on March 5 to shareholders of record at the close of business on Feb. 12.
Paccar in a separate statement that its board declared an extra cash dividend of $3 a share, payable on Jan. 8 to shareholders of record at the close of business on Dec. 20.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
December 10, 2024 13:00 ET (18:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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