PACCAR Inc. (PCAR) To Go Ex-Dividend on February 11th

PACCAR Inc. (NASDAQ:PCAR) declared a quarterly dividend on Tuesday, December 9th. Investors of record on Wednesday, February 11th will be paid a dividend of 0.33 per share on Wednesday, March 4th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, February 11th.

PACCAR has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. PACCAR has a dividend payout ratio of 19.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect PACCAR to earn $9.14 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 14.4%.

PACCAR Trading Down 0.1%

Shares of PCAR stock opened at $127.35 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 0.56. The firm has a market cap of $66.88 billion, a P/E ratio of 28.24, a price-to-earnings-growth ratio of 1.07 and a beta of 1.03. The business has a 50-day moving average price of $116.12 and a two-hundred day moving average price of $104.90. PACCAR has a 12-month low of $84.65 and a 12-month high of $131.88.

PACCAR (NASDAQ:PCAR) last issued its earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.06. The business had revenue of $4.61 billion during the quarter, compared to analyst estimates of $6.06 billion. PACCAR had a return on equity of 13.97% and a net margin of 8.35%.PACCAR’s revenue for the quarter was down 15.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.66 earnings per share. Equities analysts anticipate that PACCAR will post 7.57 EPS for the current fiscal year.

About PACCAR

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.