PACCAR Announces Quarterly Cash Dividend

PACCAR Announces Quarterly Cash Dividend

BELLEVUE, Wash.--(BUSINESS WIRE)-- PACCAR's Board of Directors (NAS: PCAR) declared a quarterly cash dividend in the amount of twenty cents ($.20) per share, payable December 5, 2013, to stockholders of record at the close of business on November 15, 2013, according to Mark C. Pigott, PACCAR chairman and chief executive officer.

PACCAR will hold a grand opening ceremony for its new DAF assembly plant in Ponta Grossa, Brasil, on October 2, 2013. The ceremony will be attended by state and local officials, DAF dealers, customers and business leaders. "The commencement of production of DAF trucks in Brasil is an exciting development which will increase PACCAR's sales in South America," said Bob Christensen, PACCAR executive vice president and chief financial officer. "DAF trucks offer premium quality, low operating costs and the industry-leading PACCAR MX engine."

PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced diesel engines, provides financial services and information technology, and distributes truck parts related to its principal business.

PACCAR shares are traded on the Nasdaq Global Select market, symbol PCAR, and its homepage is www.paccar.com.

PACCAR Inc
Robin Easton, (425) 468-7676

KEYWORDS: United States Brazil North America South America Washington

INDUSTRY KEYWORDS:

The article PACCAR Announces Quarterly Cash Dividend originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.