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home / news releases / PCAR - Paccar: A Dividend Growth Stock Long-Term Investors Should Add To Their Watchlist

PCAR - Paccar: A Dividend Growth Stock Long-Term Investors Should Add To Their Watchlist

PACCAR Inc.

2024-05-23 07:30:00 ET

Summary

  • PACCAR Inc is a dividend stock worth considering for investors, with strong growth and a growing market share in the trucking industry.
  • The company has a fortress balance sheet with no debt and an A+ credit rating, making it an attractive investment option.
  • PACCAR also offers a well-covered dividend and has a history of paying special dividends, making it appealing to dividend investors.
  • PCAR has paid a dividend since 1941 and special dividends for more than a decade.
  • The company does face risks from competitors like Volvo and Amazon with the emergence of self-driving trucks.

Introduction

For further details see:

Paccar: A Dividend Growth Stock Long-Term Investors Should Add To Their Watchlist
Stock Information
Company Name: PACCAR Inc.
Stock Symbol: PCAR
Market: NASDAQ
Website: paccar.com
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