PACCAR Inc. (PCAR) To Go Ex-Dividend on November 10th

PACCAR Inc. (NASDAQ:PCAR) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Wednesday, November 11th will be paid a dividend of $0.35 per share on Wednesday, December 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, November 10th.

PACCAR has increased its dividend by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 5 consecutive years. PACCAR has a payout ratio of 20.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect PACCAR to earn $6.88 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 20.3%.

PACCAR Trading Down 2.4%

Shares of PCAR opened at $101.98 on Friday. The company has a market capitalization of $53.69 billion, a P/E ratio of 19.42, a P/E/G ratio of 1.31 and a beta of 0.96. PACCAR has a one year low of $93.86 and a one year high of $139.24. The company has a debt-to-equity ratio of 0.50, a quick ratio of 2.98 and a current ratio of 3.22. The stock has a 50-day moving average price of $112.25 and a 200 day moving average price of $119.73.

PACCAR (NASDAQ:PCAR) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $1.61 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.61. PACCAR had a return on equity of 13.76% and a net margin of 9.50%. The company had revenue of $8.50 billion for the quarter, compared to the consensus estimate of $7.48 billion. During the same period in the previous year, the business earned $1.12 EPS. PACCAR’s revenue for the quarter was up 20.8% compared to the same quarter last year. Sell-side analysts forecast that PACCAR will post 5.84 EPS for the current fiscal year.

PACCAR Company Profile

PACCAR Inc is a global manufacturer of commercial trucks and a provider of related products and services. Its truck brands include Kenworth and Peterbilt in North America and DAF in Europe. The company also manufactures engines and supplies replacement parts and aftermarket support for its vehicles.

PACCAR serves customers through manufacturing, sales and service operations across North America, Europe and other international markets. Its businesses also include PACCAR Financial, which provides financing and leasing solutions to truck customers and dealers.

Founded in 1905 as Seattle Car Manufacturing Company, the business later became Pacific Car and Foundry before adopting the PACCAR name in 1972.