PACCAR Keeps Dividend Steady
Truck manufacturer PACCARannounced yesterday its third-quarter dividend of $0.20 per share, the same rate it's paid for the past five quarters.
The board of directors said the quarterly dividend is payable on Sept. 5 to the holders of record at the close of business on Aug. 16. The recreational vehicle maker has made quarterly payouts to investors since 1993. It has paid a special dividend every year except in 2009.
The regular dividend payment equates to an $0.80-per-share annual dividend, yielding 1.5% based on the closing price of PACCAR's stock on July 9.
The article PACCAR Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Paccar. The Motley Fool owns shares of Paccar. 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.
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