This morning, PACCAR (NASDAQ:PCAR) declared its quarterly dividend of 20 cents per share, maintaining the amount paid to shareholders the previous quarter. Based on the current stock price, investors can expect a yield of about 1.4% going forward. Shares of PACCAR were higher on Tuesday, picking up 1.2% so far.
In other dividend news, Applied Materials (NASDAQ:AMAT) maintained its quarterly dividend of 10 cents per share. CYS Investments (NYSE:CYS) maintained its quarterly dividend of 34 cents per share. And Chatham Lodging Trust (NYSE:CLDT) maintained its monthly dividend of 7 cents per share.
Among dividend reductions, AG Mortgage Investment Trust (NYSE:MITT) announced its quarterly dividend of 60 cents per share, a decrease of about 25% from its prior dividend in June of 80 cents.
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