PACCAR Stock To Go Ex-dividend Tomorrow (PCAR)

NEW YORK (TheStreet) -- The ex-dividend date for PACCAR (Nasdaq:PCAR) is tomorrow, August 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $41.27 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for PACCAR has been 2.6 million shares per day over the past 30 days. PACCAR has a market cap of $14.46 billion and is part of the consumer goods sector and automotive industry. Shares are up 10.3% year to date as of the close of trading on Monday.

PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light-, medium-, and heavy-duty trucks and related aftermarket parts worldwide. The company has a P/E ratio of 12.1, above the average automotive industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates PACCAR as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full PACCAR Ratings Report.

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