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.

Several equities analysts recently commented on PCAR shares. ValuEngine upgraded shares of PACCAR from a “hold” rating to a “buy” rating in a research note on Thursday, September 7th. Zacks Investment Research raised shares of PACCAR from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a report on Tuesday, September 5th. BidaskClub raised shares of PACCAR from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Royal Bank Of Canada reissued a “buy” rating on shares of PACCAR in a report on Friday, September 1st. Finally, UBS reissued a “buy” rating and issued a $82.00 price target (up previously from $76.00) on shares of PACCAR in a report on Tuesday, October 3rd. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $75.60.

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.

ILLEGAL ACTIVITY WARNING: “PACCAR Inc. Announces Quarterly Dividend of $0.25 (PCAR)” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/12/05/paccar-inc-announces-quarterly-dividend-of-0-25-pcar.html.

About PACCAR

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.

Dividend History for PACCAR (NASDAQ:PCAR)

Receive News & Stock Ratings for PACCAR Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PACCAR Inc. and related stocks with our FREE daily email newsletter.