Kenworth Truck Co.
Truck and engine maker Paccar Inc. on Dec. 10 declared an extra cash dividend of 90 cents per share in addition to its regular quarterly dividend of 20 cents a share.
The extra dividend, payable Jan. 7 to stockholders as of Dec. 20, reflects the company’s “excellent revenues, net income and cash flow,” Chairman and CEO Mark Pigott said in the announcement.
Pigott also cited “good” truck production in North America and Europe, “strong” parts sales and record profit at Paccar Financial Services.
Paccar’s operating companies build Kenworth and Peterbilt brand trucks.