Paccar: Hold On For Now

Summary

  • Paccar Inc. is a global leader in commercial truck production and distribution, operating through Truck, Parts, and Financial Services segments.
  • Paccar has delivered a 10-year total return of 214%, translating to a 12.1% CAGR, matching broad market performance.
  • Paccar pays a growing quarterly dividend and annual dividend, yielding 4.55% at this time.

Peterbilt Semi Tractor Trailer Trucks Lined up for sale. Peterbilt is owned by PACCAR Trucks.

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Company Description

Paccar Inc. (NASDAQ:PCAR) is a leading producer and distributor of commercial trucks and parts. The company has three reportable segments; Truck, Parts, and Financial Services. PCAR employs more than 30,000 people worldwide and has a market

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I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.

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