This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

PACCAR's Parts Distribution Center In Eindhoven Is Due To Open In April 2013 (Photo: Business Wire)

PACCAR declared cash dividends of $1.58 per share during 2012, including a fourth quarter special dividend of $.80 per share. Total dividends declared in 2012 increased by 22 percent compared to 2011. PACCAR has paid a dividend every year since 1941. PACCAR’s total shareholder return was 25.1 percent during 2012.

Business Highlights – 2012
  • PACCAR delivered 140,400 vehicles worldwide and introduced the Kenworth T680, Peterbilt Model 579 and DAF XF Euro 6.
  • PACCAR continued to expand its geographic footprint by beginning construction of a new DAF assembly plant in Brasil, generating record sales in Russia and delivering over 6,000 trucks to the Andean region of South America.
  • PACCAR invested $790.3 million in capital projects and research and development.
  • PACCAR was ranked 20th in InformationWeek magazine’s 2012 Top 500 company listing.
  • The DAF CF85 earned the U.K.’s Motor Transport award for “Fleet Truck of the Year” for the eleventh time.
  • The Peterbilt Model 210 and Model 587 earned the American Truck Dealers Medium- and Heavy-Duty Commercial Truck of the Year awards.
  • Kenworth Trucks ranked highest in the J.D. Power Heavy Duty Dealer Service Customer Satisfaction Study sm* for the second consecutive year.
  • Leyland Trucks was honored with the Manufacturing Leadership Award for Operational Excellence in the annual Manufacturing Excellence Awards.
  • PACCAR has implemented 19,300 Six Sigma projects since 1997.

Stock Repurchase Update

During 2012, PACCAR repurchased 4.19 million of its common shares for $162.1 million. Under the current Board of Directors resolution authorizing $300 million of stock repurchases, PACCAR has repurchased 4.99 million shares for $192.0 million. “PACCAR’s excellent net profits and strong cash flow make the company’s shares an attractive long-term investment. The stock repurchase program reflects the Board’s confidence in PACCAR’s successful global business growth,” said Bob Christensen, PACCAR chief financial officer and executive vice president. PACCAR’s shareholder return averaged 16.2 percent per year in the last ten years, compared to the S&P 500 Index average annual return of 7.1 percent for the same period.

2 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,118.90 -12.96 -0.08%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,825.1470 -13.4960 -0.28%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs