By Stephen Nakrosis
Truck manufacturer Paccar said its board approved a 6% increase to the company's quarterly cash dividend.
The dividend was raised to 35 cents per share from 33 cents, and will be payable on June 3 to shareholders of record at the close of business on May 13.
The new dividend, $1.40 on an annual basis, represents a yield of 1.1%, based on the $119.61 closing price for Paccar shares on Tuesday.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 28, 2026 18:06 ET (22:06 GMT)
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