Boosting shareholder returns with an extra cash dividend

  • Paccar declares extra cash dividend of $3.20 a share
  • Dividend to be paid on Jan. 4, 2024
  • Regular dividend of 27 cents a share to be paid on March 6, 2024

Paccar, the maker of Kenworth and Peterbilt trucks, has announced an extra cash dividend of $3.20 per share. This is in addition to the regular quarterly cash dividend. The extra dividend will be paid on January 4, 2024, to shareholders of record as of December 15, 2023. This follows a previous extra dividend of $2.80 per share paid in January 2023. Paccar’s regular dividend of 27 cents per share is expected to be paid on March 6, 2024, to stockholders of record as of February 15. This move by Paccar aims to boost shareholder returns and reward investors for their continued support.

Factuality Level: 10
Factuality Justification: The article provides factual information about Paccar declaring an extra cash dividend of $3.20 a share and its regular quarterly cash dividend. It also mentions the dates of payment and the previous extra dividend paid by the company. There is no irrelevant or misleading information, sensationalism, redundancy, opinion masquerading as fact, digressions, unnecessary background information, tangential details, misleading information, disinformation, propaganda, poorly researched or inaccurately reported news, exaggerated or overly dramatic reporting, repetitive information, bias or personal perspective, invalid arguments, logical errors, inconsistencies, fallacies, faulty reasoning, false assumptions, or incorrect conclusions.
Noise Level: 7
Noise Justification: The article provides information about Paccar declaring an extra cash dividend and its regular quarterly cash dividend. However, it lacks analysis, evidence, or actionable insights. It is a straightforward report without much depth or relevance to broader trends or consequences.
Financial Relevance: Yes
Financial Markets Impacted: Paccar and its shareholders
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to financial topics as it discusses Paccar declaring an extra cash dividend and its regular quarterly cash dividend. There is no mention of an extreme event.
Public Companies: Paccar (Unknown), Kenworth (Unknown), Peterbilt (Unknown)
Key People:

Reported publicly: www.marketwatch.com