PACCAR Inc. (PCAR) Declares $0.33 Dividend Amid Strong Financials

In this article, we will be taking a look at the 13 Best Manufacturing Stocks to Buy Right Now. PACCAR Inc. is one of them.

PACCAR Inc. (NASDAQ:PCAR) is making significant strides in digital transformation and autonomous vehicle technologies, aiming to enhance fleet efficiency, predictive maintenance, and customer support. In September 2025, the company highlighted partnerships and investments in AI, connectivity, and data systems as key drivers of long-term growth amid fluctuations in traditional truck demand. The stock stands thirteenth on our list among the best manufacturing stocks. 

Alongside its technology push, the firm declared a quarterly cash dividend of $0.33 per share, reflecting strong financial health and ongoing shareholder returns. The company also rolled out new infotainment and connectivity features for Peterbilt trucks, including wireless Apple CarPlay, embedded navigation, and upgraded in-cab systems to improve driver experience and operational efficiency.

Product innovation continues with advanced battery-electric vehicles, including the Kenworth T680E and T880E equipped with the proprietary PACCAR ePowertrain, as well as CARB-compliant MX-13 engines designed to meet California’s strict emissions standards. Strategic investments are further supporting the ramp-up of DAF electric truck production and the expansion of testing and manufacturing facilities.

PACCAR Inc. (PCAR) Declares $0.33 Dividend Amid Strong Financials

Looking ahead, PACCAR Inc. (NASDAQ:PCAR) plans up to $800 million in capital expenditures for 2025 to address regulatory requirements and increase vocational truck capacity. Leadership changes scheduled for January 2026 are expected to strengthen the corporation’s innovation agenda and guide its growth strategy, positioning the business at the forefront of sustainable and technology-driven trucking solutions.

While we acknowledge the risk and potential of PCAR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PCAR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.