Ariose Capital Management Ltd bought a new stake in China Yuchai International Limited (NYSE:CYD - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 199,088 shares of the company's stock, valued at approximately $3,383,000. China Yuchai International comprises approximately 3.7% of Ariose Capital Management Ltd's portfolio, making the stock its 8th largest position. Ariose Capital Management Ltd owned about 73.74% of China Yuchai International as of its most recent SEC filing.
Separately, Nomura Holdings Inc. bought a new position in shares of China Yuchai International in the fourth quarter worth approximately $191,000.
China Yuchai International Trading Up 3.2%
Shares of NYSE CYD traded up $0.76 during mid-day trading on Friday, hitting $24.64. The stock had a trading volume of 132,219 shares, compared to its average volume of 166,443. The firm has a market cap of $924.49 million, a P/E ratio of 15.21 and a beta of 1.05. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.20 and a current ratio of 1.55. The business has a 50 day moving average price of $19.87 and a two-hundred day moving average price of $16.56. China Yuchai International Limited has a 1 year low of $8.61 and a 1 year high of $26.10.
China Yuchai International Increases Dividend
The firm also recently disclosed an annual dividend, which was paid on Monday, July 7th. Shareholders of record on Wednesday, June 25th were issued a $0.53 dividend. The ex-dividend date was Wednesday, June 25th. This represents a yield of 4.3%. This is a boost from China Yuchai International's previous annual dividend of $0.38. China Yuchai International's dividend payout ratio (DPR) is 32.72%.
About China Yuchai International
(
Free Report)
China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People's Republic of China and internationally.
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