Verity Asset Management Inc. trimmed its position in shares of China Yuchai International Limited (NYSE:CYD - Free Report) by 53.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,453 shares of the company's stock after selling 13,195 shares during the quarter. Verity Asset Management Inc. owned approximately 4.24% of China Yuchai International worth $195,000 at the end of the most recent reporting period.
Separately, Nomura Holdings Inc. purchased a new position in shares of China Yuchai International during the 4th quarter worth approximately $191,000.
China Yuchai International Price Performance
Shares of NYSE:CYD traded up $0.20 on Wednesday, hitting $23.57. The company had a trading volume of 26,742 shares, compared to its average volume of 161,644. The company has a market cap of $884.35 million, a PE ratio of 14.55 and a beta of 1.05. The business has a 50 day moving average of $18.48 and a 200 day moving average of $15.77. China Yuchai International Limited has a 52-week low of $8.61 and a 52-week high of $26.10. The company has a current ratio of 1.55, a quick ratio of 1.20 and a debt-to-equity ratio of 0.05.
China Yuchai International Increases Dividend
The company also recently announced an annual dividend, which will be paid on Monday, July 7th. Shareholders of record on Wednesday, June 25th will be issued a $0.53 dividend. This represents a yield of 4.3%. This is a positive change from China Yuchai International's previous annual dividend of $0.38. The ex-dividend date of this dividend is Wednesday, June 25th. China Yuchai International's dividend payout ratio is 32.72%.
China Yuchai International Company Profile
(
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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