Paccar Inc (PCAR) has declared a dividend of $0.33 per share, payable to shareholders of record. This represents a substantial decline of 76.4% from the previous dividend of $1.40 per share.
Dividend Details
- Ex-Dividend Date: February 10, 2026
- Payment Date: March 3, 2026
- Dividend Yield: 1.18%
- Payment Frequency: Quarterly
Investors must own shares prior to the ex-dividend date to qualify for this payment. Shares purchased on or after February 10, 2026, will not be eligible for the dividend.
Paccar, a global technology company headquartered in Bellevue, Washington, designs and manufactures light, medium, and heavy-duty trucks. The company employs 30,100 full-time staff and operates across several segments, including the distribution of aftermarket parts and financial services related to its products.
The current dividend yield of 1.18% reflects the annual dividend income relative to the stock price. Such decisions reflect changing business conditions or capital allocation priorities.
Paccar’s financial snapshot indicates a market capitalisation of $57.5 billion, a P/E ratio of 21.35, and an EPS of 5.11. The company is set to report its next earnings on July 20, 2026, with an EPS estimate of $1.33 and revenue expectations of $7.1 billion.
Dividend announcements provide insight into a company's cash flow generation and capital allocation strategy. While regular dividend payments can attract income-focused investors, the reduction underscores the necessity for stakeholders to assess the sustainability of such payments based on the company's financial health and historical performance.