PACCAR Inc. Announces Quarterly Dividend of $0.25 (PCAR)
PACCAR Inc. (NASDAQ:PCAR) announced a quarterly dividend on Tuesday, December 5th, RTT News reports. Stockholders of record on Tuesday, February 13th will be paid a dividend of 0.25 per share on Tuesday, March 6th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.42%.
PACCAR (NASDAQ PCAR) traded up $0.62 during trading hours on Tuesday, reaching $70.27. 3,671,500 shares of the company traded hands, compared to its average volume of 1,920,845. The firm has a market cap of $24,960.00, a PE ratio of 17.86, a P/E/G ratio of 1.67 and a beta of 1.22. PACCAR has a 1 year low of $61.93 and a 1 year high of $75.68. The company has a current ratio of 2.56, a quick ratio of 2.40 and a debt-to-equity ratio of 0.75.
PACCAR (NASDAQ:PCAR) last released its earnings results on Tuesday, October 24th. The company reported $1.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.06. The firm had revenue of $4.73 billion during the quarter, compared to analysts’ expectations of $4.57 billion. PACCAR had a net margin of 7.61% and a return on equity of 18.77%. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.98 EPS. research analysts forecast that PACCAR will post 4.18 EPS for the current fiscal year.
In other PACCAR news, VP C Michael Dozier sold 3,618 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $69.02, for a total transaction of $249,714.36. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Alma Lily Ley sold 4,024 shares of the stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $71.00, for a total transaction of $285,704.00. Following the sale, the vice president now directly owns 24,319 shares in the company, valued at approximately $1,726,649. The disclosure for this sale can be found here. In the last ninety days, insiders sold 106,598 shares of company stock worth $7,597,908. 2.64% of the stock is owned by insiders.
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PACCAR Inc (PACCAR) is a technology company. The Company’s segments include Truck, Parts and Financial Services. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks. The Company’s trucks are marketed under the Kenworth, Peterbilt and DAF nameplates.
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