Paccar to Raise Quarterly Dividend

April 28, 2005 6:00 AM, EDT

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ruck maker Paccar Inc. increased the company’s regular quarterly cash dividend 5% to 21 cents a share, payable June 6 to stockholders of record as of May 19.

At its annual stockholder meeting Tuesday, Paccar’s stockholders re-elected John Fluke, Stephen Page and Michael Tembreull as PACCAR directors for a three-year term expiring in 2008.

Paccar, the parent company of Kenworth Truck Co., Peterbilt Motors Co. and DAF Trucks, reported record quarterly earnings Tuesday. (Click here for previous coverage.)