Ariose Capital Management Ltd purchased a new stake in shares of China Yuchai International Limited (NYSE:CYD - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 199,088 shares of the company's stock, valued at approximately $3,383,000. China Yuchai International accounts for 3.7% of Ariose Capital Management Ltd's portfolio, making the stock its 8th biggest holding. Ariose Capital Management Ltd owned 73.74% of China Yuchai International as of its most recent SEC filing.
Separately, Millennium Management LLC grew its position in China Yuchai International by 42.2% in the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company's stock worth $450,000 after acquiring an additional 14,030 shares in the last quarter.
China Yuchai International Stock Performance
Shares of NYSE CYD traded up $0.16 during trading hours on Thursday, hitting $23.99. 125,460 shares of the stock were exchanged, compared to its average volume of 165,282. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 1.20. China Yuchai International Limited has a one year low of $8.61 and a one year high of $26.10. The company's 50 day moving average is $19.53 and its 200 day moving average is $16.35. The firm has a market capitalization of $900.10 million, a P/E ratio of 14.81 and a beta of 1.05.
China Yuchai International Increases Dividend
The company also recently announced an annual dividend, which was paid on Monday, July 7th. Investors of record on Wednesday, June 25th were given a dividend of $0.53 per share. The ex-dividend date was Wednesday, June 25th. This represents a dividend 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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