PACCAR Inc Declares Regular Quarterly Cash Dividend, Payable on December 7, 2021
September 14, 2021 at 09:35 am EDT
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PACCAR Inc’s Board of Directors declared a regular quarterly cash dividend of thirty-four cents ($0.34) per share, payable on December 7, 2021, to stockholders of record at the close of business on November 16, 2021.
Paccar, Inc. specializes in the design, manufacturing and marketing of merchandise transportation vehicles. Net sales break down as follows:
- sale of trucks (74.6%): 185,900 vehicles sold in 2022 (DAF, Kenworth and Peterbilt brands), and distributed by country in the United States and Canada (95,600 units), Europe (62,400) and other (27,900; primarily Mexico and Australia) ;
- sale of accessories, spare parts and industrial winches (20%): Braden, Gearmatic and Carco brands);
- sales financing services (5.2%): standard financing and lease financing;
- other (0.2%).
Net sales are distributed geographically as follows: the United States (53.3%), Europe (26%) and other (20.7%).