PACCAR Inc’s 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.”
